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Crowe Horwath achieves Xero’s Platinum Partner status
Leading accounting firm Crowe Horwath is the first partner in Australia to achieve Xero’s Platinum
Partner status, which is awarded to a group practice with more than 1,000 clients using Xero.
Crowe Horwath CIO, Greg Emsley, said the firm has enjoyed a constructive relationship with Xero
over the past several years and now have over 1,000 clients using Xero’s services.
“Our clients have reported benefits ranging from cost savings with no software to install, improved
business efficiencies and better financial management”.
http://www.xero.com/blog/2013/12/au-accounting-firm-crowe-howath-gets-1000th-client-xero/
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Singapore starting to take off
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Published in Company News on 17 December 2013 by Johnny MacAvoy
Singapore is currently experiencing some great traction in the Xero ecosystem. A new Add-on payroll partner, SimplePay, is launching their product into Singapore and we are close to launching bank feeds via Yodlee for Singapore banks.
http://www.xero.com/blog/2013/12/singapore-xero-update/
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Another latest boost for next few months is US$75 billion/mth injection in USA:
It’s a Taper, but Markets Find Reason to Rise
By THE ASSOCIATED PRESS
Published: December 18, 2013
Stocks rallied on Wednesday as investors reacted to the Federal Reserve’s decision to begin the long-awaited reduction of its economic stimulus.
Wall Street, which had been lackluster waiting for news from the Fed, leapt after the announcement. The Standard & Poor’s 500-stock index was up 0.6 percent, the Dow Jones industrial average gained 0.9 percent and the Nasdaq was 0.1 percent higher. All three indexes had been nearly unchanged for much of the day.
The Federal Reserve said it would reduced its bond purchases by $10 billion a month, to $75 billion, but repeated its intent to hold short-term interest rates near zero “well past the time that the unemployment rate declines below 6.5 percent.”
The Fed’s $85 billion of monthly bond purchases have kept United States interest rates low to encourage economic recovery, but also sent a flood of money into stock markets worldwide in search of higher returns....
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