By Stuart Condie SYDNEY Xero swung to a first-half profit and maintained its full-year expense target after the cloud-accounting software provider lifted.
Many of Xero’s small business customers suffered during pandemic lockdowns, and the economic slowdown that followed. Earlier this year, the cloud accounting.
Xero , the global small business platform, today released its Xero Small Business Index for the September 2023 quarter, which showed small business sales fell, while jobs growth remained strong. Sales fell 1.5% year-on-year (y/y) in September 2023, .
The outlook for small businesses “remains challenging” with the value of sales in September dropping for the first time in two years, according to new data.
Greenly, the innovative climate tech company known for pioneering carbon accounting solutions, now integrates with global small business platform Xero as a Xero App Partner, expanding its carbon accounting capabilities and enhancing its services for businesses worldwide.