Xero expands into workforce management but accounting is still at the core

Xero expands into workforce management but accounting is still at the core
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Summary:
Small business cloud accounting provider Xero reflects on a year of two halves and explains the rationale for acquiring workforce management provider Planday
(© jesussanz - Fotolia.com)
In the course of having some building works at home last summer, I was reminded how many small businesses still do their paperwork on spreadsheets, Word documents and email, before passing it across to their accountants to calculate company accounts, taxes and payroll. After ten years of doing my own business accounts in the cloud and working with an online accounting firm, I'd all but forgotten the regular pain of packaging up all my papers to physically pass them to my accountant. The impracticalities of this approach during last year's lockdowns must certainly have been a wake-up call for those businesses and accountants who still haven't made the move. As Gary Turner, Managing Director of UK & EMEA for cloud accounting software business Xero, sums up:

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