Xero

Small-business accounting platform Xero announced a 20% increase in operating revenue for the first half of its fiscal year, attributing it to a growing user base and higher average revenue per user.

Plus, the end of Windows 10, and Xero's big buy, and seven other developments in accounting technology you may have missed.

Xero announced new and upcoming agentic capacities for its Just Ask Xero (JAX) AI model, which the company now dubs a "financial superagent" as it will independently complete certain workflows.

Here are six areas in which small business owners are feeling pressure where your advisory services may help them.

Cloud accounting platform Xero announced it will acquire payments solution provider Melio.

The software developer says the line reflects its commitment to providing small businesses and their advisors with the tools, insights, and connections they need.

Xero announced the winners of its annual Beautiful Business Fund competition, of which four were based in the US.

Business solutions platform Xero announced it will acquire cloud-based reporting, insights analytics platform Syft.

Schellman forms new advisory board; New partnership lets Xero users send data to Caseware; Fortanix announces full disc encryption; and other accounting technology stories.

YouTuber, podcaster and advisor Jason Staats discussed the practical issues in AI implementation for accountants during Xerocon this week.

Speakers at Xero's annual conference this week urged accountants to think more deeply about promoting mental health and wellbeing for both clients and staff.

Diya Jolly, chief product and technology officer with Xero, previewed its proprietary gen AI assistant JAX, which she said controls hallucinations for enhanced accuracy.

Diya Jolly, Xero's chief product and technology officer, announced several new products and enhancements for bank reconciliations, payments, compliance and more.

CEO Sukhinder Singh Cassidy outlined her "Win On Purpose" strategy, which involves a focus on accounting, payments and payroll in the U.S., U.K. and Australian markets.

Plus, Xero goes from $113 million loss to $175.9 million profit; and other accounting technology news.

It's crucial to understand the impact businesses have on the environment — and accounting for carbon emissions is a fundamental step.

Business management solutions provider Xero announced a new generative AI solution as part of a wider push to incorporate more AI into its products.

Plus, Xero now automatically calculates sales tax; and other accounting technology news and updates.

A recent survey says a large majority of firms enjoyed increased revenue and profit this year, based partially on growing client advisory services and the adoption of value-based pricing.

Small businesses are experiencing the weakest sales since 2020, according to a new report from Xero, despite signs of an improving economy.