Xero

The product is cloud accounting software that centralizes invoicing, bill pay, bank reconciliation, expense claims, purchase orders, payroll and cash flow tracking to keep financial records accurate and organized. It sells to small and medium-sized businesses, self-employed owners, and industry segments such as construction, real estate and nonprofits, as well as accountants and bookkeepers who manage client books. It is delivered as a SaaS platform with 1000+ app integrations and an AI assistant that automates tasks and provides cash flow insights.

Key features

• Manage accounting needs in one place
• Send invoices and streamline billing
• Accept online payments
• Pay bills in one place
• Create and send purchase orders
• Scan and submit expense receipts
• Bank reconciliation
• Payroll management
• Track projects
• Mileage tracking
• Send quotes
• Manage fixed assets
• Integrate with 1000+ apps
• AI finance partner automates tasks