Of course, the difficulty in answering such a question is determining who the asker is and for what purpose they are seeking another accounting system.įor those who prefer an on-premise (i.e.

Lark's appointment accompanied Xero's latest trading update, in which it records further strong growth in subscription revenues, up 85 per cent to $52 million for the half year to September 30 and monthly committed subscriptions at $11 million, meaning annualised revenues are now running at $132.3 million, up 87 per cent on a year ago.īoth announcements come three weeks after Xero announced the surprise resignation of the recently appointed chief executive for its US operation, Peter Karpas, and a string of broker reports questioning Xero's ability to crack the US market, where it is up against incumbent accounting software provider Intuit.One of the most common questions we see on our community forum is, “What options do I have for accounting beyond QuickBooks accounting?” While Intuit has certainly come to dominate both the personal and business accounting market, there has nonetheless been a simultaneous explosion in the number of online and offline alternatives to the monolithic bully that is their flagship product. The appointment comes as it moves to strengthen its push into the vital US market and confirms it expects a net loss for the six months to September 30 of $25 million and 80 per cent subscription revenue growth this financial year. Photo / Natalie SladeĬloud accounting software firm Xero has snared Andy Lark, an expatriate New Zealander with a stand-out global career, to be its new chief marketing officer.

Andy Lark has an impressive track record with major companies.

Xero accounting software crack