Xero's Time to Shine in The US? || Accounting Tech News

We’ve got the band back together! After a run of solo gigs, Ryan, John and Indi reunite for a full-cast episode of Digi-Tools in Accrual World – and just in time.

This week - sponsored by iplicit - we’re riffing on Xero’s $2.5 billion acquisition of Melio, their biggest US push to date. But is this bold play a strategic masterstroke or just another vanity signing? Spoiler: The markets aren't convinced.

From dashboard redesigns to Syft-powered analytics and Xero’s growing interest in verticals like healthcare, we break down everything you need to know about their evolving roadmap – and where it might be heading next.

Also in this episode:  • iplicit partners with Cin7 to streamline stock-heavy businesses  • Sage releases a mammoth list of (mostly incremental) updates  • QuickBooks tries to catch up with new budgeting features and AI migration tools  • And we ask: when is it time for your clients to graduate to a PSA?

Whether you’re following the latest Xero acquisition news, watching how fintech is reshaping accounting tech, or just here for the banter – this one’s worth tuning in for.

This is your backstage pass to the best in fintech news and accounting tech commentary.

We cover: • Xero acquires Melio for $2.5bn – what it means and why the market’s lukewarm • Why Xero’s Syft integration matters for analytics (and what UK users can expect) • Fresh UI, smarter dashboards: Xero’s facelift – a genuine revamp or just lip gloss? • iplicit and Cin7 join forces to supercharge wholesale and distribution • Sage’s latest product push: nice ideas, bland delivery • QuickBooks updates its balance sheet budgeting and plays catch-up on automation • Scoro’s take on when clients need to upgrade their systems and grow up

Timestamps:

00:00 Coming Up 01:21 Welcome to Digi-Tools in Accrual World Podcast!

05:38 App News 05:42 Xero to acquire Melio in $2.5 billion deal 11:17 Xero targets healthcare with new systems push 13:26 Xero Analytics gets smarter with Syft integration 15:59 Xero dashboard gets fresh redesign for better user experience 20:02 Xero highlights June apps on its App Store for new integrations 22:37 iplicit and Cin7 strike partnership to boost wholesale distribution automation 25:49 Sage Accounting introduces quick-approval quotes, GoCardless payments, budgeting tools and invoice improvements 29:28 QuickBooks Online rolls out updates to balance sheet reporting and budgeting

40:41 Scoro: How to know if your client needs a PSA 53:29 Thanks for tuning in – please leave a rating and subscribe to future shows!

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