Xero announces partnerships with Uber and Adobe

Xero Limited (ASX: XRO) has announced that its cloud-based accounting platform will soon be integrated with Uber for Business and Adobe Sign in an effort to save time for users.

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Cloud-based accounting platform provider Xero Limited (ASX: XRO) announced today that it has entered partnerships with Uber for Business and Adobe Sign which will enhance platform capabilities and save time for users. The Xero share price is 4.1% higher today at $43.87, ahead of the broader ASX 200 Information Technology Sector gain of 1.4%.

The partnership with Uber for Business will allow companies to automatically import invoices, reducing time spent on manual data entry and streamlining the bookkeeping process.

Uber for Business ANZ head, Georgia Foster, said: "We're pleased to partner with Xero as an innovative company operating on a global scale, to further help local businesses achieve cost and time savings for corporate travel."

Xero's partnership with Adobe's e-signature service, Adobe Sign, will allow the integration of the two services to allow for easier document management and less time spent on administrative work.

Xero's Platform Growth Director, Jared Baker, said, "We are continuing to evolve and grow our ecosystem to integrate the best partners and tools to increase business productivity and help our customers to not only survive, but thrive. Our data shows that on average, the more digitally connected a small business is, the better business outcomes they have.

"Partnering with two successful global brands like Uber and Adobe, that we know our customers already use and love, will enhance our platform capabilities and simplify administrative tasks, saving valuable time."

Motley Fool contributor Cale Kalinowski has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of Xero. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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