Xero Learn sets stage for future number crunchers
Accountants of tomorrow have a new hero in Xero. The cloud-based small business technology provider has launched Xero Learn solution, providing a new tool to improve financial literacy in the workplace and the classroom, reports David Penn at Finovate.
Five institutions, including Swinburne University of Technology, University of Southern Queensland, Auckland University of Technology, Macquarie University, and AccountingPod, have already signed on to use the technology with their students.
“Xero Learn will revolutionise and future-proof the way educators teach their financial lessons,” chief partner officer for Xero, Anna Curzon, says.
Curzon underscored the number of schools and universities that have already embraced the technology, referring to the partnership as a “joint mission to empower the next generation of accountants, bookkeepers, and business owners with in-demand skills, knowledge, and job opportunities”.
Xero Learn enables educators to establish business scenarios and gives students the ability to solve problems and work through tasks using Xero’s cloud accounting technology.
Xero Learn can be integrated into business or accounting course curricula, and was “fine-tuned” in cooperation with more than 30 educational institutions during an early access programme last year.
Xero has been busy. In addition to opening new Americas headquarters in Denver, Colorado last month, Xero announced an integration with B2B payments platform Paystand.
The company acquired paperless accounting firm, Hubdoc in August, as well, and forged an alliance with Gusto in July.
Earlier this year, Xero integrated with BBVA’s API Market for small businesses, launched Connected Accounting to give businesses visibility into their finances, and partnered with IT management solutions provider, Kaseya.
Xero is a publicly traded company, headquartered in Wellington, New Zealand, and trades on the Australian Stock Exchange.
Founded in 2006, the company has a market capitalisation of $4.6 billion (NZD $7 billion) and 2018 revenues of more than $262 million (NZD 400 million).