Menu
Xero hits million mark for trans-Tasman subscribers

Xero hits million mark for trans-Tasman subscribers

Local penetration of cloud accounting sits at roughly 40 per cent

Craig Hudson (Xero)

Craig Hudson (Xero)

Credit: Xero

Xero has surpassed one million subscribers across Australia and New Zealand (A/NZ), driven by increased uptake of cloud accounting technology.

Spanning both sides of the Tasman, the penetration of cloud accounting sits at roughly 40 per cent, cited as more than double worldwide figures.

“While both New Zealand and Australia are geographically distant, the innovation we see coming from our region is powered by cloud technology and global connectivity,” said Craig Hudson, managing director of New Zealand and Pacific Islands at Xero.

“Xero’s next opportunity for growth centres on the continued evolution of cloud technology and together, with our small business customers and partners, we are paving the way to extend business offerings on the Xero platform.”

During the past 12 months, the New Zealand-based business has processed more than 259 million invoices locally, accounting for over $1.5 billion worth of transactions.

“Our purpose is to have a positive impact on the world by helping small businesses grow,” Hudson added. “Cloud technology has revolutionised the way small businesses operate.

“They are now working anytime from anywhere, with 24/7 real-time access to their financial position.”

To facilitate such growth, Hudson said Xero has established a “significant partner community” of accountants and bookkeepers in the region.

“Our A/NZ partners are the true early adopters when it comes to cloud technology,” Hudson adds.

“We couldn’t have achieved this milestone without the partnership from this community to help shape the platform. We’re very grateful for their support and joining us on this journey.”


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags Cloudxero

Events

Featured

Slideshows

Reseller News Exchange Auckland: Beyond the myths — how partners can master cloud security

Reseller News Exchange Auckland: Beyond the myths — how partners can master cloud security

This exclusive Reseller News Exchange event in Auckland explored the challenges facing the partner community on the cloud security frontier, as well as market trends, customer priorities and how the channel can capitalise on the opportunities available. In association with Arrow, Bitdefender, Exclusive Networks, Fortinet and Palo Alto Networks. Photos by Gino Demeer.

Reseller News Exchange Auckland: Beyond the myths — how partners can master cloud security
Reseller News welcomes industry figures at 2020 Hall of Fame lunch

Reseller News welcomes industry figures at 2020 Hall of Fame lunch

Reseller News welcomed 2019 inductees - Leanne Buer, Ross Jenkins and Terry Dunn - to the fourth running of the Reseller News Hall of Fame lunch, held at the French Cafe in Auckland. The inductees discussed the changing face of the IT channel ecosystem in New Zealand and what it means to be a Reseller News Hall of Fame inductee. Photos by Gino Demeer.

Reseller News welcomes industry figures at 2020 Hall of Fame lunch
Show Comments