Join 250,000+
professionals today
Add Insights to your inbox - get the latest
professional news for free.
Is Syft the Missing Piece in Xero's Financial Analysis Puzzle?
Join our 250K+ subscribers
Join our 250K+ subscribers
Subscribe20 SEP 2024 / BUSINESS
Xero Limited has acquired South Africa-based Syft Analytics for $70 million, positioning the company to offer more advanced financial reporting tools to its clients and extend its global reach. Due to Syft's features including custom reports, live analysis views, and its compatibility with various platforms, Xero's customers will gain real-time data and insights needed for better business decision-making, echoing the growing trend in the Software-as-a-Service (SaaS) industry to remain competitive through innovative, data-driven financial tools.
Let’s be honest – accounting software can be, well, a bit dry. But when Xero Limited recently dropped $70 million to acquire Syft Analytics, it was a move that turned more than a few heads in the finance world. In fact, this strategic acquisition has some...
Until next time…
Don’t forget to share this story on LinkedIn, X and Facebook
Subscribe now for $199 and get unlimited access to MYCPE ONE, from CPE credits to insights Magazine
📢MYCPE ONE Insights has a newsletter on LinkedIn as well! If you want the sharpest analysis of all accounting and finance news without the jargon, Insights is the place to be! Click Here to Join
You’ve reached the 3 free-content piece limit. Unlock unlimited access to all News & CPE resources.
Subscribe Today.
Already have an account?
Sign In
