Xero has nearly doubled the number of Australian customers in the past year to 147,000 from 75,000. Nearly 40,000 had been added since 1 April.
Xero has processed for $54 billion transactions in Australia. Over 10 million invoices were raised in the past year worth $23.5 billion. Xero businesses paid $1 billion in payroll each month to 370,000 employees.
“These numbers demonstrate our leadership position in the industry which is enabling us to influence banks, technology partners, and government,” said Chris Ridd, managing director of Xero Australia, in a press release.
Xero announced several partnerships at its annual conference in Australia this morning. National telco Telstra is giving business mobile customers a six-month free trial of Xero in a promotion targeting its small and medium business customers.
Xero also announced a new partnership with CGU, part of the IAG group which is Australia’s largest general insurer. Xero users can choose to give CGU access to their Xero account so it can assess the business’ risk and automatically calculate the cost of an insurance premium for worker’s compensation.
CGU then emails an accurate quote to a Xero user without phoning a call centre or visiting a branch.
Workers Compensation is the first in a series of product developments planned by CGU and Xero to simplify and streamline the task of providing insurance cover, Xero said in a press release.