Xero Announces Partnership with Audit and Accounting Platform Caseware

Date – 16-Aug-2024

New integration streamlines year-end compliance for Canadian accountants and bookkeepers.

Xero Announces Strategic Integration Partnership with Caseware to Streamline Year-End Compliance for Canadian Accountants and Bookkeepers

Xero, the global platform for small businesses, has unveiled a new integration partnership with Caseware, a leading provider of cloud-enabled audit, financial reporting, and data analytics solutions for accounting firms, corporations, and government organizations.

This partnership, announced at Xerocon Nashville—Xero’s flagship partner event on August 14-15—introduces a seamless solution for Xero and Caseware’s shared customers. Accountants and bookkeepers can now import trial balances and general ledger data directly from Xero into Caseware Working Papers, expanding on the existing integration with Caseware’s cloud apps. This enhanced integration eliminates the need for manual file exports and imports between systems, saving time and reducing the risk of manual data entry errors.

The new integration, set to be available later this year for accountants and bookkeepers in Canada and additional regions, aims to accelerate the completion of year-end compliance tasks. This marks a significant step in Xero’s ongoing commitment to streamlining year-end workflows in Canada.

“Year-end compliance can create a significant workload for accountants and bookkeepers,” said Ben Richmond, Managing Director of North America at Xero. “By partnering with robust solutions like Caseware, we can help practices connect their tools and alleviate the year-end burden. Ultimately, this partnership frees up time for advisors to better serve small business clients and grow their firms.”

The partnership also paves the way for Xero and Caseware to explore further integration opportunities, enhancing efficiency for their customers.

Scott Epstein, Chief Product Officer at Caseware, expressed confidence in the value this partnership brings: “Xero’s efficiency tools for trial balance preparation, combined with Caseware’s year-end assurance and reporting capabilities, will continue to save time and improve quality for accountants and bookkeepers. As the industry evolves, we remain committed to empowering accountants and bookkeepers to excel in their work.”

Xero, with 4.2 million subscribers worldwide, offers a comprehensive platform that helps small businesses and their advisors manage core accounting functions such as tax and bank reconciliation, payroll, and payments. Xero’s extensive ecosystem of connected apps and financial institution integrations provides small businesses with the tools they need to efficiently manage their finances.

Caseware, a global leader in audit, assurance, financial reporting, and data analytics solutions, serves over half a million customers in 130 countries. Caseware’s innovative platforms help professionals work smarter, gain deeper insights, and turn data into actionable impact.