A cloud-based accounting software platform for small businesses and their advisors.
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Xero is a global technology company that provides a cloud-based accounting software platform for small businesses, accountants, and bookkeepers. Founded in New Zealand, the company has grown into a leading provider of financial management tools, enabling users to manage invoicing, bank reconciliation, payroll, and expense tracking from any device with an internet connection. By leveraging cloud technology, Xero aims to streamline administrative tasks and provide real-time financial insights to business owners worldwide. The company operates on a subscription-based model and has built an extensive ecosystem of third-party applications that integrate directly with its platform. This connectivity allows users to customize their financial workflows, making Xero a central hub for business operations. With a strong presence in markets including Australia, New Zealand, the United Kingdom, and North America, Xero continues to focus on product innovation and expanding its digital tools to support the evolving needs of the small business community.
Mission: To make life better for people in small business, their advisors, and communities around the world.
Founded
2006
Headquarters
Wellington, New Zealand
Employees
5000+
Industry
Software
Strong emphasis on employee well-being and flexible working arrangements
Collaborative and inclusive company culture
Opportunities for professional development and internal mobility
Rapid growth can lead to organizational complexity and shifting priorities
Revenue
1.7 billion NZD (FY2024)
Funding
Publicly traded (ASX: XRO)
CEO
Sukhinder Singh Cassidy
High performance expectations in a competitive SaaS market