Deloitte sees increased demand from clients wishing to migrate to the cloudDOWNLOAD
19 April 2013: In response to growing client demand for cloud accounting solutions, professional services firm Deloitte is pleased to announce it is now offering clients the ability to migrate to the single ledger accounting solution provided by small business accounting software provider Xero Limited (XRO).
Based on current client demand for cloud-based accounting solutions, Deloitte expects that by the end of the financial year approximately 2,000 ledgers will have been migrated to Xero’s platform alone.
For clients wishing to move to the cloud, single ledger accounting solutions provide business owners with real-time visibility of their financial performance and position.
Xero’s Australian Managing Director, Chris Ridd, says Deloitte’s decision signals Xero’s growing stature in the Australian financial marketplace.
“We are excited to be working with Deloitte who are well known for their technology leadership. Deloitte has strong reach in the private and family business market, which gives us the opportunity to expand our brand in the Australian market alongside a leading global professional services organisation.”
David Hill, National Managing Partner for Deloitte Private, says “the professional services sector is being digitally disrupted. Our response is to embrace this disruption to improve the efficiency of our operations and enhance the way we deliver value to our clients.
“Cloud or single ledger accounting solutions gives clients the ability to access their financial data and reports from anywhere and at any time. Such solutions also provide us with the opportunity to regularly connect with our clients and offer timely insights and solutions to create and deliver value.”
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