Xero provides online accounting software and services for small and medium businesses. It includes a full accrual accounting system with a cashbook, automated daily bank feeds, invoicing, debtors, creditors, sales tax and reporting.

Xero is listed on the New Zealand Stock Exchange with over 100,000 users and paying customers in more than 50 countries. Xero is most active in New Zealand, Australia, the United Kingdom and the company is forging a presence in North America.

Xero’s Software as a Service business model – where software is hosted on the Internet – is an innovative means of supplying solutions to large fragmented markets such as small businesses. Xero releases new features approximately every month. Additions and extensions to functionality are developed in response to the needs of new customers and new industries.

Xero is a Microsoft Gold Certified Partner. The Xero software is developed using Microsoft’s .NET development environment, over a multi-tenanted SQL Server 2008 database, on a Windows 2008 production server infrastructure. Our production servers are hosted by Rackspace, a tier-one NASDAQ listed hosting provider, which monitors our servers and firewalls 24/7/365 at guarded facilities. Xero has also implemented a global Content Delivery Network with Akamai for faster application delivery to customers around the world.

We have made a significant investment in this global production hosting platform, providing it with the capacity for future growth and ensuring security of customer data.

In 2009 Xero won two Webby Awards for world-class software usability and design.