The Xero accounting software uses a single unified ledger, which allows users to work in the same set of books regardless of location or operating system. In 2019, the company announced it had over two million global subscribers, and three million subscribers in September 2021. Vamos announced in November 2022 that he would step down in February 2023 and be replaced by Sukhinder Singh Cassidy, a former executive of Google and StubHub.

In April 2018, Steve Vamos was appointed as CEO, replacing Rod Drury who remained on the board as a non-executive director. īy 2017, Xero had more than one million customers globally, and the following year, it had more than one million subscribers in Australia and New Zealand.

The company was originally called Accounting 2.0. In 2006, Xero was founded by Rod Drury and Hamish Edwards in Wellington, where Xero Limited's headquarters are still located. The products are used in over 180 countries. Xero's products are based on the software-as-a-service model and sold by subscription, based on the type and number of entities managed by the subscriber. The company has offices in New Zealand, Australia, the United Kingdom and the United States. GRA are not liable for any indirect, special, incidental or consequential damages whatsoever.Xero is a New Zealand–based technology company that provides cloud-based accounting software for small and medium-sized businesses. Our sole and entire maximum liability for inaccurate information, for any reason, and the user's sole and exclusive remedy shall be limited to the amount paid for the information, tool or other resource (if any). The information or tools may contain errors, problems or other limitations. The information and resources from or through this site are provided “as is,” “as available,” and all warranties express or implied, are disclaimed. GRA will not be liable for any problems or damages of any kind experienced by users of GRA’s online materials, resources or tools. With respect to the various resources available from our website, neither Gilligan Rowe & Associates LP (“GRA”), nor its owners nor any of its employees, make any warranty, express or implied, including warranties of merchantability and fitness for a particular purpose, or assume any legal liability or responsibility for the accuracy, completeness, or usefulness of any information, product, or process.

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