Xero ranked No 1 by Forbes

May 22nd, 2014 at 12:03 pm by David Farrar

has just been ranked #1 by Forbes in its list of top 100 most innovative growth companies.

Well done Rod and his team.

I remain a very happy customer and shareholder.

I would like a native payroll package at some point though please!

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10 Responses to “Xero ranked No 1 by Forbes”

  1. Viking2 (11,571 comments) says:

    Try Smartpayroll. Good product and excellent service.

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  2. Sir Cullen's Sidekick (895 comments) says:

    Absolutely bloody brilliant and a great example of Kiwi innovation…..Now shall we impose a “tech tax” on them so that we can save a rare grass hopper in Kapiti Coast?

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  3. muggins (3,811 comments) says:

    Should have sold those shares @ $40. Doubt if they will ever get that high again.

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  4. gump (1,662 comments) says:

    I didn’t have a lot of Xero shares, but I sold them all at $2.70 when they leaped in value in early 2011.

    I thought I was a financial genius for almost tripling the value of my investment. Whoops.

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  5. RightNow (6,999 comments) says:

    @DPF, we use Xero and use Flexitime for payroll, which integrates with Xero. You should test it out, they offer one month free trial – http://www.flexitime.co.nz

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  6. sassycassy (46 comments) says:

    Yep – a great kiwi company doing so very well and in a tough economic climate over recent years . I’m still upset that they are ceasing xero for personal accounts though. It is really convenient to record business expenses on and have them automatically transfer to the business accounts

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  7. David Farrar (1,902 comments) says:

    We have around 100 to 150 staff, but many work a few hours only, which means a payroll package that charges $24 an employee per year (like flextime) is very costly. Would cost us around $4,000 a year which is around 10 times MYOB Payroll.

    If there is a payroll system that integrates with Xero that charges flatrate (like Xero does) not per staff, then I’d be keen to trial it.

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  8. RightNow (6,999 comments) says:

    @DPF, fair comment about the pricing, we’re only small so flexitime works out cheaper than MYOB for us, and it also means we don’t need to hire a payroll admin (we can process a pay in flexitime in about 10 minutes). I’d hazard a guess you probably have dedicated payroll staff.

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  9. big bruv (14,156 comments) says:

    Hmmm….http://www.stuff.co.nz/business/industries/financial-results/10073550/Xero-plunges-deeper-in-the-red

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  10. Johnboy (16,994 comments) says:

    Sell Xero and buy Windflow if you think JK will lose in 2014! :)

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