Xero, the UK’s leading online accounting software provider, has today announced a new strategic partnership with KPMG in the UK which will enable the firm to provide select online accounting and tax services, such as accounts, bookkeeping, payroll, VAT and corporate tax to small and medium sized enterprises using the cloud. Interested businesses will be able to sign up to the KPMG services from May.
“It is very gratifying that an organisation of KPMG’s standing in the market selected Xero to be its technology platform partner for their on-line services, confirming our belief that cloud accounting is fast becoming the default platform for both accounting firms and small businesses,” said Xero UK managing director, Gary Turner.
This latest alliance is part of a programme of strategic partnerships by KPMG aimed at supporting the SME sector and follows the opening of a permanent KPMG representation in Tech City; a series of digital alliances including the partnership with Chelsea Apps Factory announced in January and support of the Indian Angel Network.
“Today’s partnership further demonstrates our commitment to small and early stage businesses that form the backbone of the UK economy and its future growth,” commented Simon Collins, UK Chairman of KPMG. “Xero is an impressive software platform, supporting delivery of our services to this segment where technology is increasingly transforming the way we do business.”