Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Xero launches business software marketplace

Media Release

Embargoed until 26 August 2014

Xero launches business software marketplace

Xero’s global small business marketplace offers 350 best-in-class solutions for a variety of business needs within different industries


Xero has this week launched a business software marketplace so that small businesses and their advisors can easily search and find the right add-on solutions for their business.

The Xero ecosystem has grown by over 35 per cent in the last year to over 350 business solutions including Point of Sale, Inventory Management and Job Costing that leverage the Xero accounting platform.

Xero CEO Rod Drury said software developers are spending millions of dollars developing fantastic applications to make life easier for small business owners.

“The success of the Xero ecosystem meant we needed to rethink how small businesses and their advisors discover the best solutions for them,” Drury said.

“The add-on marketplace, unveiled at the Xerocon Global Developers Conference in Sydney, is the next evolution in small business software, showcasing all of Xero’s add-on partners and their unique solutions to our more than 330,000 global customers.

“There are 42,000 active installations of add-ons in use – a 280 per cent increase in the last year. And, last month alone, there were over 60,000 visits generated from our marketplace to our add-on partners, a 28 per cent increase in the last year.

“We’ve created the most vibrant global ecosystem for small business software. Now our customers can easily identify add-on solutions that fit their business’s specific requirements, and then connect that to the accounting data.”

Earlier this year Forbes magazine recognised this global innovation, heralding Xero the ‘World’s most innovative growth company’.

NZ Managing Director Victoria Crone said the marketplace shows the ratings and reviews that are associated with Xero’s add-on partners so everyone knows which add-ons work well for different types of situations.

“The ability to search the add-on marketplace by keyword, category, or for solutions for specific industries helps everyone find the right tools for the job,” Crone said.

“Data flows right into Xero from other parts of our customers’ business, such as a Point of Sale solution or an e-Commerce platform.”

Vend CEO Vaughan Rowsell said “Being part of an add-on ecosystem is critical in today's market. Every customer has slightly different needs and looks to add-ons to provide the complete solution for them. Plus together, we all leverage off of each other’s efforts to promote the marketplace and expose customers to other fantastical online apps.”

Re-leased CEO Tom Wallas said “We love being a part of Xero's add-on eco-system. Not only do our customers get an integration with the best cloud accounting platform in the world, but Re-Leased gets exposure to Xero's massive partner channel. As a result we have secured hundreds of customers across the world in a short space of time.”

Drury said Xero’s add-on ecosystem will always welcome new add-on partners to the ecosystem.

Xero recently crossed $100m in annualised revenue and has over 900 staff. “Our estimated annual revenue generated from add-ons connected to Xero is already over $33 million and we are seeing hundreds of new jobs created,” Drury adds.

“We’re thrilled to see the investment being made by hundreds of business software startups that will make life better for small business owners all over the world.”

- ENDS -


About Xero
Xero is beautiful, easy-to-use online accounting software for small businesses and their advisors. The company has over 300,000 paying customers in more than 100 countries around the world. Xero seamlessly integrates with over 300 best-in-class business tools, and was recently ranked No. 1 by Forbes as the World's Most Innovative Growth Company.

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Gongs Got: Canon Media Awards & NZ Radio Awards Happen

Radio NZ: RNZ website The Wireless, which is co-funded by NZ On Air, was named best website, while Toby Manhire and Toby Morris won the best opinion general writing section for their weekly column on rnz.co.nz and Tess McClure won the best junior feature writer section. More>>

ALSO:

Pre-Budget: Debt Focus Risks Losing Opportunity To Stoke Economy

The Treasury is likely to upgrade its forecasts for economic growth in Budget 2016 next week but Finance Minister Bill English has already signalled that more of his focus is on debt repayment than on fiscal stimulus or tax cuts... More>>

ALSO:

Fulton Hogan's Heroes: Managing Director Nick Miller Resigns

Fulton Hogan managing director Nick Miller will leave the privately owned construction company after seven years in charge. The Dunedin-based company has kicked off a search for a replacement, and Miller will stay on at the helm until March next year, or until a successor has been appointed and a transition period completed. More>>

ALSO:

Gordon Campbell: On Electricity, Executions, And Bob Dylan

The Electricity Authority has unveiled the final version of its pricing plan for electricity transmission. This will change the way transmission prices (which comprise about 10% of the average power bill) are computed, and will add hundreds of dollars a year to power bills for many ordinary consumers. More>>

ALSO:

Half Empty: Fonterra NZ, Australia Milk Collection Drops In Season

Fonterra Cooperative Group says milk collection is down in New Zealand and Australia, its two largest markets, in the first 11 months of the season during a period of weak dairy prices. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news