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- Release Date: 31/03/14 11:22
- Summary: GENERAL: XRO: KPMG & Xero form strategic alliance for UK SMBs
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XRO
31/03/2014 09:22
GENERAL
REL: 0922 HRS Xero Limited
GENERAL: XRO: KPMG & Xero form strategic alliance for UK SMBs
KPMG & Xero form strategic alliance for UK SMBs
31 March 2014
Accounting software company Xero Limited (XRO) has announced a strategic
alliance with KPMG in the United Kingdom.
The alliance sees Xero's online accounting platform playing a central role in
the formation of a new KPMG division, which will provide select online
accounting and tax services to small and medium sized enterprises using the
cloud. Interested businesses will be able to sign up to the services from May
2014.
"It is very gratifying that an organisation of KPMG's standing selected Xero
to be its technology platform partner for their online services, confirming
our belief that cloud accounting is fast becoming the default platform for
both accounting firms and small businesses," said Xero UK managing director,
Gary Turner.
This latest alliance is part of a programme of strategic partnerships by KPMG
aimed at supporting the SME sector.
"Today's partnership further demonstrates our commitment to small and early
stage businesses that form the backbone of the UK economy and its future
growth," commented Simon Collins, UK Chairman of KPMG. "Xero is an impressive
software platform, supporting delivery of our services to this segment where
technology is increasingly transforming the way we do business."
-ENDS-
For more information contact:
Rod Drury Gary Turner
Xero CEO Xero
Managing Director, UK
[email protected]
[email protected]
+64 27 6000 007 +44 7590
560561
For media enquiries contact:
Emma Izatt
Communications Manager, Xero
[email protected]
+64 21 084 24623
About Xero
Xero provides beautiful, easy to use online accounting software for small
businesses and their advisors. The company now has over 250,000 customers in
more than 100 countries around the world and is listed on the NZX and ASX.
See www.xero.com
About KPMG
KPMG LLP, a UK limited liability partnership, is a subsidiary of KPMG Europe
LLP and operates from 22 offices across the UK with approximately 11,500
partners and staff. The UK firm recorded a turnover of ?1.8 billion in the
year ended September 2013.
KPMG is a global network of professional firms providing Audit, Tax, and
Advisory services. It operates in 155 countries and has 155,000 professionals
working in member firms around the world. The independent member firms of the
KPMG network are affiliated with KPMG International Cooperative ("KPMG
International"), a Swiss entity. Each KPMG firm is a legally distinct and
separate entity and describes itself as such.
End CA:00248906 For:XRO Type:GENERAL Time:2014-03-31 09:22:02
