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XU Biweekly - Issue 45 - 17 December 2022

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Saturday 17 December 2022 | No. 45

XU Biweekly The independent news source for Xero users, by Xero users

Xero’s flagship partner event moves to a global format

HAPPY HOLIDAYS FROM US ALL AT XU

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THE FINAL ISSUE OF 2022

HE NEXT XEROCON EVENT FOR ACCOUNTANTS AND BOOKKEEPERS WILL BE HELD IN SYDNEY, AUSTRALIA IN AUGUST 2023 Xero announced that from 2023, Xerocon, one of the world’s premier events for cloud accounting leaders, will be presented as a global event. The event will be held in different cities across Xero’s key regions, providing more opportunities for its growing communities to connect. Following the success of Xerocon Sydney 2022, the next Xerocon will be back in Sydney, Australia from 23-24

August 2023 at the ICC Darling Harbour. Looking ahead to 2024, Xerocon will return to the United Kingdom and the United States, and in 2025, Xerocon will make its debut in Canada and then to Australia. The full schedule, including dates and venues over the next two years, will be released in early 2023. Xerocon is one of the world’s most inspiring and innovative in-person events for cloud accounting leaders. Accountants, bookkeepers and app partners gather for an exciting blend of industry insights, inspiring speakers and networking with a community of forward-thinking peers. It’s also

an opportunity for attendees to gain expert insight into the newest Xero tools and features to help save time, grow their business and have a greater impact on their clients’ success. Rachael Powell, Chief Customer Officer at Xero said: “After a fantastic year reconnecting with our communities at Xerocon in London, New Orleans and Sydney this year, we’re looking forward to bringing this vibrant event back to Sydney in 2023. As the event continues to evolve, we’re excited to be moving to the next phase for our highly anticipated Xerocons, now to be presented as global events.

“There’s something magical about connecting with our accounting and bookkeeping and app partners and experiencing the energy. Xerocon is also our chance to share how we’re delivering on our purpose to make life better for people in small business, their advisors and communities around the world.” More details such as venues, dates and ticket sales information will be shared in early 2023. While the events are global, the content will be tailored to different experiences and regions.

Keep reading

Plooto Raises $20M USD in Series B Funding

READ ALL ABOUT IT

By Hamed Abbasi

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EW FUNDING WILL BE USED TO CAPITALIZE ON PLOOTO’S GROWTH MOMENTUM AND CUSTOMER BASE BY SCALING THE TEAM AND EXPANDING PRODUCT CAPABILITIES. Plooto, a leader in end-toend accounts payable and accounts receivable (AP/ AR) automation software for small to medium-sized businesses (SMBs), announced today the closing of $20M

USD ($27M CAD) in Series B funding. The all-equity round was led by Centana Growth Partners, a specialized growth equity firm that invests in the future of finance, with participation from existing investors FINTOP Capital and Luge Capital. The funding will be used to drive customer expansion, introduce new product lines, ramp up hiring and help Plooto customize its offering for more businesses,

Accounting and Bookkeeping firms. ”Our vision, since inception, has been to enable the advancement of entrepreneurs to reach their full potential without being bogged down by cumbersome and inefficient financial processes,” said Hamed Abbasi, CEO and co-founder of Plooto. “By expanding our platform’s automation, workflows and payment capabilities, Plooto has become the mission control for

managing cashflow end-toend.” Small businesses in Canada employ 10.3 million people and contribute to 40% of the gross domestic product (GDP). In the United States, small businesses employ over 61 million people and contribute to 43.5% of the GDP. At the same time, poor cashflow management is the largest cause of failure for small businesses. Less than...

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