\n<\/p>\n
\n Xero recognised for its exemplary performance and valuable contributions in shaping new trends across Asia-Pacific in its 2021 Best Practices Awards <\/p>\n
SINGAPORE –\u00a0Media OutReach<\/a>\u00a0–\u00a09 June 2021 –\u00a0Xe<\/a>ro<\/a>, the global small business platform, has Winners were selected based on their \u00a0<\/p>\n Krishna \u00a0<\/p>\n In its Best Practices report, Frost \u00a0<\/p>\n Xero was further recognised for leading \u00a0<\/p>\n “Xero’s \u00a0<\/p>\n Kevin Fitzgerald, Managing Director \u00a0<\/p>\n Frost Xero recognised for its exemplary performance and valuable contributions in shaping new trends across Asia-Pacific in its 2021 Best Practices Awards SINGAPORE –\u00a0Media OutReach\u00a0–\u00a09 June 2021 –\u00a0Xero, the global small business platform, has been named the 2021 Asia-Pacific small and medium enterprise (SME) Accounting Software Vendor of the Year by global research and consulting firm, …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/15378"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=15378"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/15378\/revisions"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=15378"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=15378"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=15378"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nbeen named the 2021 Asia-Pacific small and medium enterprise (SME) Accounting
\nSoftware Vendor of the Year by global research and consulting firm, Frost &
\nSullivan in its 2021 Best Practices Awards. The awards celebrate best-in-class
\ncompanies that have accomplished innovative or disruptive breakthroughs in
\ntheir industries and continually demonstrate excellence.<\/p>\n
\nperformance against three key strategic imperatives: disruptive technologies,
\ntransformative mega trends and new business models. Successful companies
\novercame the challenges posed by these imperatives and leveraged them to drive
\ninnovation and growth. Winners were also assessed against criteria including leadership focus, brand equity, financial performance,
\ndedication to continued innovation and addressing customers’ unmet needs.\n<\/p>\n
\nBaidya, Director of ICT Practice at Frost & Sullivan commented: “Xero’s
\ncloud-based accounting software platform provides SMEs with a comprehensive
\nsolution to handle their accounting functions and have real-time access to
\ntheir financial data. The platform’s global business network addresses the
\nsegment’s needs beyond pure accounting, providing access to critical business
\napps and bank feeds. By bringing together all financial information in a simple
\nand easy-to-navigate space, Xero empowers SMEs to make smarter and faster
\ndecisions.”<\/p>\n
\n& Sullivan also commended Xero’s commitment to helping SMEs work with their
\nclosest allies: accountants and bookkeepers. “Whether it is doing taxes,
\nunderstanding finances, or making plans to grow, Xero brings all of the
\nnecessary data and information together in one place so that small businesses
\nand their advisors can collaborate and speak the same language. This close
\npartnership with accountants and bookkeepers is driving Xero’s subscription
\ngrowth while benefiting small business customers,” the report stated.<\/p>\n
\nthe way in creating visionary scenarios through the mega trends shaping long
\nterm sustainable growth and driving a culture of innovation through the
\nadoption of cloud accounting solutions and creating a thriving ecosystem. The
\nreport cited Xero’s work embedding Hubdoc’s machine learning technology into
\nits platform to help small businesses process bills and receipts faster.
\nTogether, with the addition of duplicate detection, one of the most commonly
\nasked for features from customers, Xero Expenses with Hubdoc can ensure small
\nbusinesses and their consultants will spend less time on manual data entry
\nactivities and fewer hours spent gathering and handling bills, expenses, and
\nother documents each month so that they can concentrate on helping businesses
\nexpand.<\/p>\n
\nfocus on innovation to enhance customer value is evidenced by its facilitation
\nof an open platform with more than 1000 apps in the marketplace, recent
\nacquisitions of invoice lending platforms, and deep strategic partnerships with
\npayment service providers. The company’s robust financial performance is
\ncommensurate with its growing user base and global footprint, all of which are
\na testament to its ambition in building global scale and innovation,” added
\nBaidya.<\/p>\n
\nAsia, Xero, said, “We are humbled to have been honoured by Frost & Sullivan
\nas its Asia Pacific SME Accounting Software Vendor of the Year. The award is a testament to Xero’s
\nhard work and ongoing commitment to the SME ecosystem and community in Asia
\nPacific. We are focused on our commitment to be the most insightful and
\ntrusted small business platform and make lives better for SMEs throughout the
\nregion.”<\/p>\n
\n& Sullivan follows its proprietary, measurement-based methodology combined
\nwith extensive research, in-depth interviews, analysis, and benchmarking to
\nshortlist deserving companies in each category. The selection process utilises
\nreal-time performance indicators such as market share, revenue growth, customer
\nacquisition, product\/service value, and technology innovation, and the winners
\nrepresent the best of the best in Asia-Pacific.<\/p>\n<\/p><\/div>\n\n
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