The Loop - AccountantsJuly 16, 202600:58:40

Xerocon London special: Are accountants and the ecosystem still important to Xero?

Recorded live from day two of Xerocon London.



Xero opened the show with two solid hours of announcements. Xero Force,

the Ultra plan, smart data capture, JAX and a big push on the rise of

the builder. Most of it is in beta and lands later in the year. So we

spent two days in the hall asking the people it lands on what they

actually made of it.



The centrepiece is our interview with Kate Haywood, MD of Xero UK. We

put it to her straight. The accounting and bookkeeping channel arguably

is not as important to Xero's revenue as it once was, so does there

need to be a bit more honesty about where accountants and bookkeepers

sit in the hierarchy? She did not dodge it. "They are fundamentally

important to us at Xero, and especially here in the UK."



We also pushed her on the ecosystem. When Xero ships data capture,

invoice chasing and reporting, it starts competing with the app partners

who built on top of it. Kate says Xero is an open ecosystem led by what

is right for the customer, and that if you try and build everything you

end up building nothing.



The vendors are less relaxed about it. Daniel Rock of SuiteFiles reckons

"there's a lot of app vendors that will feel very squeezed". David Tuck

of Mayday is delighted, because the Ultra plan points straight at his

market. Jordan Vickery of Vinyl says nobody is running scared, which was

disappointingly uncontroversial of him. Reuben from Briefcase wishes

more people were trying to do what they do.



The accountants are warier. Plenty of hope in the room, not much

validation yet. Stuart Hurst points out that JAX launched two years ago

and not a great deal has happened. Sharon, ten Xerocons in, says this

one felt different, because Xero has become a bigger and more corporate

establishment and it is "lacking a little bit of the human side". David

from Youtopia goes further. "I don't think people actually implement

anything from these shows."



Featuring David Tuck (MayDay), Daniel Rock (SuiteFiles), Vipul Sheth

(AdvanceTrack), Jordan Vickery (Vinyl), Reuben (Briefcase), Kate Haywood

(Xero UK), Jim, Ravi, Sharon, Stuart Hurst, Will, David (Youtopia) and

Sam.



Is Xero still building for accountants, or around them?



Chapters

00:00  Cold open

00:37  Live from day two. The party, the slide and the design lab

07:06  David Tuck, Mayday. The Ultra plan

08:32  Daniel Rock, SuiteFiles. Who gets squeezed

09:46  Vipul Sheth, AdvanceTrack. The proof is in the pudding

11:10  Jordan Vickery, Vinyl. Is anyone running scared?

12:22  Reuben, Briefcase. AI native, and welcoming the competition

13:28  Kate Haywood, MD of Xero UK. The full interview

47:11  Jim. Hope, but not much validation

48:35  Ravi. JAX, and small steps with AI

49:49  Sharon. Ten Xerocons, and a missing human side

51:24  Stuart Hurst. Best in years, but Dext and Chaser look nervous

52:47  Will. It all looks good. Now show us it working

54:07  David, Youtopia. Nobody implements anything

55:39  Sam. First Xerocon

56:55  Wrap up
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