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Xero and ZenPayroll Announce Partnership to Expand Cloud Capabilities

Small Businesses Reap Benefits from Real-Time Access to Finances and Payroll

SAN FRANCISCO (April 18, 2013) — Xero, the global leader in online accounting software, and ZenPayroll, a leading provider of online payroll software, have come together to offer small businesses an easy and collaborative way for small businesses to oversee their payroll and finances. Now, small businesses can integrate ZenPayroll data directly with Xero, allowing more control over money management and employee payroll.

In greater numbers, small businesses are realizing the value of managing their finances in the cloud. In fact, a recent Zogby survey of small business accountants found that 72 percent said having a real-time view into their client's financials would allow them to provide better financial advice. By partnering together, Xero and ZenPayroll continue their commitment to providing small business owners a complete end-to-end IT solution – and access to their finances anytime, anywhere, on any device. Real-time access means smarter financial decisions and a better bottom line.

“Small Business owners do it all – CEO, HR manager, IT support – concurrently tracking money coming in and money going out,” said Jamie Sutherland Xero President of U.S. Operations. “Accounting and payroll go hand-in-hand, which is why finding the right partners is so important. In ZenPayroll, we found a company that truly saw the value of a simple, intuitive, and scalable financial solution.”

With ZenPayroll, customers no longer have to manually enter their payroll data, saving them time and eliminating the possibility of human error. Accountants are able to manage payroll for dozens of companies from a free, easy to use centralized dashboard and the automated, paperless functionality of Xero and ZenPayroll make it easy for small businesses to stay in compliance with government regulations and taxes.

“Our mission at ZenPayroll is to bring the power of modern software to the payroll industry, and offer a much simpler, faster and easier to use product than has ever existed before. When we met Xero, it was clear to us that they shared this philosophy. With this partnership, small business owners and their advisors can now seamlessly manage payroll and accounting in the cloud,” said Joshua Reeves, CEO of ZenPayroll. “By using Xero plus ZenPayroll, businesses can save time and money, a winning combination.”

Customer Testimonial

“We love both ZenPayroll and Xero for their flexibility and friendliness,” said Jared Hansen, CEO at Breezy. “We've been waiting for this integration and are excited to benefit from it. No more manual payroll entry, no more exporting & importing of data, and no more manual reconciliation. Great work!”

About the Survey

Zogby Analytics was commissioned by Xero Limited to conduct an online survey of 400 accountants in the U.S. The survey was conducted from February 14 through February 21, 2013. Based on a confidence interval of 95 percent, the margin of error for 400 is +/- 5.0 percentage points. This means that all other things being equal, the identical survey repeated will have results within the margin of error 95 times out of 100.

About Xero

Xero is beautiful, easy to use online accounting software for small businesses and their advisors. The company has over 150,000 paying customers in more than 100 countries around the world. Recently Xero garnered a five-star review for Software As Service from CPA Practice Advisor. Xero's U.S. team is based in San Francisco. Xero is hosted with Rackspace in Chicago. See http://www.xero.com.

Xero media contact:

Kristin Farrell
(415) 963-4174 ext. 10

About Gusto

Gusto is on a mission to bring life to work by reimagining payroll, benefits, and HR. Gusto serves over 40,000 companies nationwide and makes the most complicated, impersonal business tasks simple and delightful. Gusto has offices in San Francisco and Denver and its investors include Google Capital, General Catalyst, Kleiner Perkins Caufield & Byers, and the founders of Instagram, Stripe, Nest, PayPal, Yelp, Dropbox, and Eventbrite, among others.