42013079 - Alumni Newsletter_Summer 2021_v10

IN OTHER NEWS

IN OTHER NEWS:

BDO AND XERO JOIN FORCES IN GLOBAL AGREEMENT

Albert Lopez , BDO’s Global Head of Business Services and Outsourcing, commented:

BDO has long been focused on developing a consistent and truly global approach to supporting growing businesses. We are delighted that our partnership with Xero takes us one large step closer to that objective. We know that access to reliable data, and the insights that data can provide, is critical to our clients’ success in the new reality. Working with Xero will help BDO lead that agenda, adding real value to businesses by helping them both understand and apply their data, to build resilience and plan for future success.

Earlier this year Xero, the global small business platform, announced it had signed a three-year global agreement with BDO to help businesses build resilience and plan for success. Under the agreement, BDO has been awarded Xero Global Partner status – recognising a new level of global engagement between the two companies. Xero will be BDO’s preferred accounting solution for its Business Services and Outsourcing clients in the small to medium business space. COVID-19 has highlighted the importance of cloud solutions and information to business success. By leveraging the Xero platform, BDO will bring their expertise in supporting businesses globally to deliver real-time and accurate financial insights to their clients so they can focus on growing their business.

‘Xero Global Partner’ is a new way Xero is recognising global partnerships of this nature and BDO is the first to receive this status. This status recognises an agreement at the global level with a number of regional member firms being involved and joining. Initial participating BDO firms are expected to include BDO in Australia, New Zealand, UK and Canada - with truly global expansion anticipated over the course of the agreement.

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