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Facing challenges in your small business? XSBI data shows you’re not alone

The latest Xero Small Business Insights (XSBI) data shows just how challenging conditions became for small businesses, and their customers, towards the end of 2023. We’ve summarised the major trends and also have some tips for you on how to navigate the current headwinds.   Despite improvements over the past year, inflation (or cost-of-living) pressures remained… [Read the full article »]

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How GenAI will shape the future for our customers

We shared a number of product and tech updates at Xero’s Investor Day in Melbourne on how we are bringing new capabilities to help Xero customers run their operations and manage their finances more efficiently.  However, with Generative AI (GenAI) being one of the more recent exciting and emerging technology developments, it was one of… [Read the full article »]

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New partnership to bring bill pay capabilities to US customers

Paying bills and getting paid on time are critical requirements for small businesses to effectively manage cash flow. However, this is still a very manual process for small businesses. Our Money Matters report found many small businesses utilize multiple payment strategies to manage their cash flow.  To tackle this problem, we have announced a new… [Read the full article »]

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Hubdoc and Dext: Powerful Xero pairings for burgeoning businesses

Financial data lies at the heart of any small business operation. Managing it can be a juggle, but there are an array of tools you can use to stay on top of this crucial information and better manage your cash flow and compliance. Depending on what stage of the business growth journey you’re on, some… [Read the full article »]

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Five cash flow trends impacting small businesses

Over the last 12 months, we’ve surveyed over 4,500 small business owners across the globe to find out how they’re managing cash flow amidst macroeconomic conditions such as high inflation and interest rates. The survey findings became a series of Money Matters reports that were released in Australia, Canada, New Zealand, Singapore, the United Kingdom… [Read the full article »]

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Tips and tricks for property investment accounting

Australia’s current property market presents both challenges and opportunities, with changing tenancy rules and rental controls, and the impact of interest rates and cost of living pressures. It’s a complex outlook, but property investment is a marathon swim, not a quick body surf to shore.  Property investment accounting, or landlord accounting, manages your property portfolio… [Read the full article »]

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Xero formalises commitment to military veterans by signing Armed Forces Covenant

I’m proud to announce that Xero has signed the Armed Forces Covenant, formalising its commitment to supporting military veterans and their families in the workforce.  The Armed Forces Covenant is a promise by the nation ensuring that those who serve or have served in the UK Armed Forces, and their families, are treated fairly. Xero’s… [Read the full article »]

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We’re retiring the classic version of Xero invoicing

We’ve had two versions of our invoicing feature for a while now — classic invoicing and new invoicing. The new version is built on the latest technology and features time-saving tools that make it easier to customise your invoices and simplify the way you get paid. Our teams have big plans to add even more… [Read the full article »]

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Staying on top of GST due dates in 2024

It can be tricky to keep tabs on the taxes and deductions you owe throughout the year as a small business. However, paying on time means getting peace of mind that you’re meeting your GST payment obligations as a business, and avoiding late penalties that cut into your earnings.  If your business is registered for… [Read the full article »]

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Xero briefs new business Ministers on growing small business productivity

Xero provided a Briefing to Incoming Ministers (BIM) (Hon Nicola Willis, Hon Judith Collins, Hon Melissa Lee, Hon Andrew Bayly, and Hon David Seymour) in late 2023 which was focused on the challenges our small businesses face and the crucial role the government can play in driving solutions. Small businesses play a fundamental role in supporting… [Read the full article »]

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