Xero officially launched its cloud accounting software platform in Canada.
As part of the launch last Thursday, Xero has partnered with Deloitte to provide its financial collaboration platform, ctrl by Deloitte, to accountants across 56 offices in Canada with the goal of helping them accelerate their small business clients’ adoption of digital tools.
According to research by Xero, only nine percent of Canadian small businesses are currently using cloud accounting software.
Xero’s stated mission is to “rewire the global economy by connecting millions of businesses to their banks, advisors and each other.” The Xero platform automates much of the mundane work that used to take up time for accountants and bookkeepers, and is based entirely in the cloud.
The software company is establishing dedicated local teams in communities across Canada to advise accountants on how best to apply Xero to their practice. Xero will work alongside accounting firms, helping them use technology to evolve from a focus on compliance services, to more strategic complex advisory services, according to a statement from the company.
“We believe that by connecting a small businesses’ financial world — using technology to bring financial data together with accountants and bookkeepers who can provide crucial advice — we can help more Canadian small businesses succeed and grow their profits” stated Will Buckley, director of Xero Canada. “We’re committed to working in partnership with both small businesses and accountants to transform the way business is done and to help the entire economy thrive.”
Xero is also hosting a series of events across Canada to help accountants understand how the Xero platform works, learn about specific opportunities and obstacles facing Canadian small businesses, and explore ways to boost their practice by incorporating the latest technology. The events will also provide an opportunity to learn more about Xero’s vision for the future of the accounting industry in Canada.
The events are being held in Toronto (May 17), Vancouver (May 22), and Calgary (May 23). For more information and to register click here.
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