Xero is a New Zealand based software company that develops cloud based accounting software for small and medium sized businesses. The key features of Xero include automatic bank and credit card account feeds, invoicing, accounts payable, expense claims, fixed asset depreciation, purchase orders and standard business and management reporting. Xero can automatically import bank and credit card statements and supports multiple tax rates and currencies. In 2011, Xero released the Xero Touch mobile app for iOS and Android devices.
In 2014, Xero features in Forbes magazine “100 most innovative growth companies” list. In January 2015, Xero was crowned best accounting software in the Cloudswave Awards.
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