The new features were designed to deliver more efficient and accurate workflows for accountants and bookkeepers as well as in-depth insights to help them more confidently run their practices and advise small business clients.<\/p>\n
Cumulatively the announcements aimed to provide a simpler and more unified experience to help Xero partners streamline compliance and operate more efficiently so they can spend more time on strategic areas of their practice, the company said.<\/p>\n
\u201cWe know the daily realities accountants and bookkeepers face \u2013 talent shortages, economic uncertainty, increasing regulatory complexity and compliance pressure \u2013 alongside day-to-day manual tasks, can keep them from high-value strategic work,\u201d said Xero chief product and technology officer Diya Jolly.<\/p>\n
\u201cXero\u2019s new features are designed to automate the heavy lifting, freeing up our partners to focus on more meaningful and impactful work like strengthening client relationships and providing personalised advice.\u201d<\/p>\n
As part of Xero\u2019s new product offering, the company is also collaborating with OpenAI to bring financial information from across the web, such as tax laws and market trends, into Xero.<\/p>\n
\u201cWith AI tools like JAX, small businesses can save time, work more efficiently, and grow,\u201d said Open AI chief commercial officer Giancarlo \u201cGC\u201d Lionetti. \u201cCollaborating with Xero is a great example of how we\u2019re bringing the practical benefits of intelligence directly into the platforms businesses already rely on.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"The new features were designed to deliver more efficient and accurate workflows for accountants and bookkeepers as well…\n","protected":false},"author":2,"featured_media":116110,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[49,48,285,61],"class_list":{"0":"post-116109","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-computing","8":"tag-ca","9":"tag-canada","10":"tag-computing","11":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/116109","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=116109"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/116109\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/116110"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=116109"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=116109"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=116109"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}