November 2, 2013
Richard Muscio invited guests Jamie Sutherland and Ted McRae. Mr. Sutherland is President and Mr. McRae is VP of Xero, an online accounting solution that was started in 2006 in New Zealand. Xero’s interface makes it easy for business owners, bookkeepers, and accountants to understand their cash flow. The affordable monthly subscription fee ranges from $19 for a very small company to $39 for a large company that has thousands of invoices and deals with multiple currencies. The online platform makes it easy for accounting professionals to collaborate across the globe in real time.
Xero is a well-funded public company with over 100,000 customers and a staff of over 300 people. Their accountant and bookkeeper functionality is on the same platform so that multiple advisors can easily help a small business grow.