Updates from Xero
Xero News October 2021
Updates from Xero The latest in product, ecosystem, partnerships and business at Xero
What we’ve been working on... What we’ve been working on Deep dive
Xerocon returns in 2022
N
ew predictions feature
introduced a new application of
After a two-year hiatus due to the pandemic, While virtual events have helped sustain the community This article is we’re bringing Xerocon back for our community over the past few years, we’reAI excited haveXero everyoneplatform, to reduce for bank reconciliation to tothe in the US and Canada. The conference, to be held in New physically come together in 2022. manual data entry and save Orleans in May next year, will provide a much-awaited the spirit of resilience, we have also established a opportunity for accountants and to connect Atbookkeepers Xero, we recently In reached businesses time. fundraising campaign with Americares to support the with their peers, colleagues and the broader community, people communities impacted by Hurricane Ida, a significant inand our to celebrate their accomplishments, and learn moremilestone the California wildfires, and other natural disasters. about the latest Xero tools andartificial features. intelligence Xero (AI)has strategy The new feature uses machine also pledged to match up to US$20,000. Coined by some as ‘Coachella for accountants’, Xerocon Americares is a health-focused relief and development with the roll out of new bank learning to predict the contact has been one of our true passion points and an incredibly organisation that responds to people affected by reconciliation and account poverty or disaster with life-changing medicine, code for transactions unique way for us to bring the Xero community togetherpredictions. over the years. medical supplies and health that programs. The predictions feature has cannot be matched to
invoices or bills using an organisation’s bank rules, Xero’s matching logic, or memorisations. Previously, businesses had to manually enter new contacts or account codes to reconcile these transactions — a time-consuming process that risks manual error. Bank reconciliation predictions add to our growing portfolio of AI-enabled product features, designed to help businesses and advisors plan for the future with confidence.
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Steve Vamos, CEO, Xero
Xerocon Sydney confirmed for September We have confirmed Xerocon, the unmissable event for cloud accounting leaders, is coming back to Sydney in 2022. The ‘Coachella for accountants’ event is a chance for thousands of accountants and bookkeepers to connect, learn and get inspired. We’ve been unable to host Xerocon in person for the past two years as a result of the pandemic, but we’ve learnt that nothing replaces the power of face-to-face interactions and we’re very excited to finally be bringing the accounting industry together. Xerocon Sydney will be taking place from 7-8 September 2022.
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