KPMG picks Xero for its Private Enterprise clients

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KPMG picks Xero for its Private Enterprise clients

More Xero news: accounting and consultancy firm KPMG has picked Xero as the first supplier of accounting software for the firm's KPMG Agile cloud platform.

The idea behind KPMG Agile is to provide the firm's private enterprise (SME and family businesses) with a single port of call for for accounting and payroll, accounts payable, online invoicing and reporting tools.

The other cloud software currently used by KPMG Agile includes Spotlight Reporting (for reporting, of course) and Invitbox (automated accounts payable processing).

Other parts of KPMG are already involved with Xero. There's a strategic partnership between Xero and KPMG in the United Kingdom, and the KPMG practices in New Zealand and Singapore member firms are Xero Platinum Partners.

"Small businesses looking to KPMG for advice on how to run their business will now see Xero as a positive example of cloud accounting software,” said Chris Ridd, Xero Australia managing director.

"Our relationship with KPMG has been fruitful around the world, and this alliance will further solidify Xero as an accounting platform for professional services firms advising small business clients."

Rob Bazzani, managing partner at KPMG Private Enterprise, said "KPMG Agile will provide KPMG Private Enterprise clients with a single access point bringing together the accessibility and convenience of a cloud based accounting platform like Xero with our other chosen cloud partners," allowing those clients to outsource selected back office functions so they can focus on business growth.

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