Xero is a New Zealand-based technology company that provides cloud-based accounting software for small businesses. Founded in 2006, Xero offers a suite of tools designed to simplify financial management, including invoicing, expense tracking, payroll, and real-time reporting. The platform integrates with various third-party applications, enhancing its functionality to meet diverse business needs. As of November 2024, Xero reported a 76% increase in profits to NZ$95 million and a 25% year-on-year revenue growth to NZ$995 million for its first half, with subscriber numbers reaching 4.2 million. This growth underscores Xero’s commitment to delivering innovative solutions that empower small businesses globally.