Story image

Xero + Microsoft combine powers to deliver powerful business insights

07 Jul 16

Xero and Microsoft's latest joint venture will bring SMEs access to their own small business data, something that the companies say should generate powerful business insights. 

The content pack will deliver Xero's 700,000+ users access to analyse their own small business data so that their advisors can make smart, data-driven decisions within minutes. 

According to Xero, on offer is enterprise-level business intelligence to small businesses with 25 key business metrics, in a rich visualisation environment. 

Key performance indicators like relevant revenue vs expenses, profit loss trend, debtor days and return on investment are all included in the pack. 

James Maiocco, general manager for global strategic partnerships at Xero, says the integration is a great deal for businesses. 

“Business tools today are smarter and more connected than ever and finally available to the small business sector. We’re delighted to further integrate with Microsoft Power BI to give our users enterprise-ready tools to analyse information from Xero to make smart, informed decisions,” comments Maiocco. 

The collaboration between Xero and Power BI is set to empower small businesses and their advisors to unleash the power of big data. James Phillips, Microsoft’s corporate vice president of Business Applications believes it will be really effective. 

"Microsoft Power BI enables customers to get the most out of their data by analysing live updates, giving them the ability to see what’s going on in their business and identify trends as they are evolving. Together Xero and Microsoft give small businesses the tools and insights to make real-time decisions that will help them grow their business," says Phillips. 

Natural language queries and mobile apps should make developing new insights easy and accessible. This means that Xero's data will be actionable when small businesses need it, anywhere, anytime.​

Slashing commute time could save NZ from 900,000 tonnes of C02
In New Zealand, workers could save between 7.7 and 8.8 million hours of commuting time every year.
Experts comment on record 772mil-user data breach
Dubbed “Collection #1”, the data set contains emails and passwords with over a billion unique combinations of email addresses and passwords.
Why flexible working could make good business sense
“You can always give it a go on a trial basis. If it’s not working, be honest."
Chorus fibre roll out picks up pace
Chorus has announced that 50% of fibre installations are now being completed within a day.
Keep security in check when doing your mobile banking
Most mobile banking attacks happen through social engineering, which is when people are manipulated to hand over their usernames and passwords to cybercriminals.
AI, big data could be key to improving Māori health
"Being able to get experts of this level together to start exploring how we use data to ultimately better the lives of New Zealanders is one that we were determined to be involved with," says ACC chief.
Human assets the key to a successful digital transformation
Y Soft's Martin de Martini says it's vital that organisations continue to train and motivate their employees.
New blockchain solution aims to keep our food ethical
OpenSC enables anyone to scan product QR codes which automatically takes them to information about where a specific product’s journey.