TechnologyAccounting SoftwareBT launches into SME online accounting market

BT launches into SME online accounting market

BT targets SMEs and their advisers in online accounting launch

BT Business has
launched an online accounting application channel aimed at SMEs and their
advisers.

It will offer
Xero, an
online accounting package of which its owner is listed on the New Zealand Stock
Exchange, to customers for free on a 30-day trial.

‘Customer feedback is that traditional accounting packages are complicated to
use, and can only be accessed while in the office. The research shows that
employees are working harder and longer during the downturn anyway, so we hope
that Xero users will instantly be more productive and redress an often dire
work/life balance,’ said Chris Lindsay, general manager at BT Business
applications.

Delivered as software as a service (SaaS), Xero can be implemented quickly
without the upfront licence fees, maintenance or upgrade costs associated with
on-premise software.

The move by BT and Xero was ‘clever,’ said John Oates,
Baker
Tilly
partner and chairman of the
ICAEW
IT faculty
.

‘It’s a coup for Xero, partnering with the biggest telecoms operator, and for
BT offering online applications will require customers to have resilient
broadband.’

Xero passed the ICAEW IT faculty’s product accreditation scheme last year.

Further reading:

Go
to our technology page

Visit
the ICAEW IT faculty’s product accreditation scheme website

Related Articles

Finance and the tech foundation: what’s needed to deliver impactful business insights?

Accounting Software Finance and the tech foundation: what’s needed to deliver impactful business insights?

2m Workday | Sponsored
Best accounting software for businesses in the UK

Accounting Software Best accounting software for businesses in the UK

3m Accountancy Age, Reporters
Making sense of enterprise tech concepts for finance teams

Accounting Software Making sense of enterprise tech concepts for finance teams

3m Workday | Sponsored
Open Banking: what you need to know

Accounting Software Open Banking: what you need to know

3m Edward Berks, Xero
Accountancy in the digital age: Flexibility, agility, efficiency

Accounting Software Accountancy in the digital age: Flexibility, agility, efficiency

5m Pegasus Software | Sponsored
Sage purchases Intacct in its largest ever acquisition

Accounting Software Sage purchases Intacct in its largest ever acquisition

9m Alia Shoaib, Reporter
5 tips for SMEs to protect cash flow

Accounting Software 5 tips for SMEs to protect cash flow

9m Alia Shoaib, Reporter
UK behind foreign markets in digital accounting, but gap is narrowing

Accounting Software UK behind foreign markets in digital accounting, but gap is narrowing

12m Alia Shoaib, Reporter