With the rapid growing popularity of the cloud, more and more companies are integrating its features into their core business practices. Xero, a New Zealand based company, which develops cloud-based software solutions for accounting purposes has adopted the features of the cloud. Xero was the brainchild of Rod Drury and his personal accountant, both of whom felt that the existing traditional desktop accounting software was not sufficient to fulfil the needs of contemporary accountants. Officially, the company was incorporated in the year 2006, with its headquarters in Wellingdon, New Zealand.
Started with the objective of changing the accounting game for small and medium businesses, the cloud-based accounting software developed by Xero attempts to connect accountants to provide them with the right numbers on any device. Right at the start, Xero has established a trustworthy relationship with 600,000 subscribers worldwide and transformed the way they manage their accounting system. With its excellent team of 1,300 employees, it forms one global team to cater to its subscribers. The company believes that small businesses are the backbone of any thriving market and therefore it seeks to serve them with its cloud based accounting software.