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Founded by technology entrepreneur Rod Drury and specialist small business accountant Hamish Edwards, Xero advertises itself as the world’s easiest online accounting system.
Offering its users access to bank transactions, invoices, expenses and reports from across the globe, Xero was initially designed with small businesses in mind but has become an increasingly popular accounting system for large stock exchange listed companies.
The ambitious duo behind Xero met at software company AfterMail and, in 2006, Drury and Edwards combined their business acumen and accountancy experience to create a new online accounting system. By 2007, Xero was listed on the New Zealand Stock Exchange.
Xero now aims to ‘revolutionise small businesses’ around the world. For its founders, ‘that’s what (they’re) here to do.’