Xero

Xero ranks 2nd on the list of the Largest Tech Companies in New Zealand. This company is a New Zealand-based technology company that provides cloud-based accounting software for small and medium-sized enterprises. The corporation has offices in New Zealand, Australia, the United Kingdom, and the United States. Xero's products are built on the software-as-a-service concept and are sold per subscription, based on the kind and number of entities controlled by the user. The goods are utilized in over 180 countries.

Xero accounting software uses a single unified ledger, allowing users to operate on the same set of books independent of location or operating system. Automatic bank feeds, invoicing, accounts payable, expense claims, fixed asset depreciation, purchase orders, bank reconciliations, and basic business and management reporting are all included. The Xero Touch mobile apps for iOS and Android devices were introduced in 2011 and 2012. Xero provided services related to Making Tax Digital in the United Kingdom, Single Touch Payroll in Australia, and Payday Filing in New Zealand during the 2019 fiscal year.

Founded: 2006
Headquarters: Wellington, New Zealand
Website: https://www.xero.com/