Tag: Xero

GoCardless and Xero renew partnership to help small businesses navigate tough economic times.

Xero report shows that Australian small businesses are relying more on their accountants and bookkeepers for services beyond just accounting and compliance, with app and software setup being the most commonly sought-after service

Despite a slowdown in sales, Xero’s Small Business Index for July indicates Australian SMEs recorded the strongest jobs growth in almost a year.

Australia’s small business boom is expected to continue over the next ten years

Xero’s November Small Business Index shows SMEs have beat the lockdown blues as sales boom.

Data released last week by Xero produced as part of its small business index shows SMEs continue to struggle through lockdowns. The data shows small businesses are performing below average, containing the downwards trend from July.   Sales in small business Despite Australia’s two most populous states being in lockdown, sales numbers grew over August compared […]

Data from July released by Xero shows lockdowns are hurting small businesses sales, employment and cash flows.

Data released today from Xero and AlphaBeta (part of Accenture) show that the continued recovery of small businesses has lifted jobs to pre-pandemic levels and reveal year-on-year revenue growth for 6 consecutive months. “Our Xero Small Business Insights analysis for November paints a pleasing picture of the sector’s continued recovery,” said Trent Innes, Managing Director […]

As we enter the new financial year, it’s clear the challenges of COVID-19 will be with us for at least several months more. Fortunately, there are technology solutions that can help small business during this difficult time. They can boost the likelihood of being paid promptly, reduce the compliance burden of tasks such as JobKeeper, […]

The Payment Times Reporting Bill aims to address late payments and the consequential struggle with cash flow, which is an ongoing problem for Australia’s 3.4 million small businesses, with the negative impacts spreading widely across the broader economy with juggling suppliers. Paying small businesses late creates a back log effect. The Government has been prompted […]