About

Category

Accounting

Year Founded

2006

Description

Xero is a cloud-based accounting software designed for small to medium-sized businesses, providing them with real-time insights and access into their financial data. Its features include online invoicing, bank reconciliation, payroll management, and comprehensive financial reporting. With a user-friendly interface and integration capabilities with various third-party apps, Xero streamlines business operations. The ideal customer for Xero is a business owner or financial professional seeking a flexible and accessible solution to manage finances seamlessly. What sets Xero apart from other similar tools is its intuitive design, extensive ecosystem of add-ons, and its commitment to continuous innovation in the accounting space.

Details

Mercury Market Share

19%

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Disclaimers and footnotes

    Mercury is a fintech company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column N.A., and Evolve Bank & Trust, Members FDIC. Deposit insurance covers the failure of an insured bank.