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.

| More on:
a woman

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

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.

More on Share Gainers

Unsure man analysing data on laptop.
Share Gainers

Here are the top 10 ASX 200 shares today

ASX investors endured a rough day of trading this Tuesday.

Read more »

A mature-aged couple high-five each other as they celebrate a financial win and early retirement
Share Gainers

Why this ASX 300 stock is soaring 12% after a disastrous year

This company has had a dramatic reversal of fortunes this Tuesday...

Read more »

A young woman wearing overalls and a yellow t-shirt kicks one leg in the air showing excitement over the latest ASX 200 shares to hit 52-week highs
Share Gainers

Why Core Lithium, Imugene, Lifestyle Communities, and Mineral Resources shares are charging higher

These shares are having a good session. What's going on?

Read more »

A young woman smiles as she rides a zip line high above the trees.
Share Gainers

4 ASX All Ords shares up 315% to 682% in a year!

Investors have sent these ASX All Ords shares flying higher. But why?

Read more »

Man standing on rock next to turquoise salt lagoon.
Share Gainers

Here are the top 10 ASX 200 shares today

Investors enjoyed a great start to the trading week today.

Read more »

Smiling couple looking at a phone at a bargain opportunity.
Share Gainers

Why Austal, Breville, Telix, and Westgold shares are pushing higher today

These shares are starting the week positively. But why?

Read more »

A couple sits on a sofa, each clutching their heads in horror and disbelief, while looking at a laptop screen.
Share Gainers

Here are the top 10 ASX 200 shares today

Investors endured a rough Friday to close the trading week today.

Read more »

Man drawing an upward line on a bar graph symbolising a rising share price.
Share Gainers

Why Pointsbet, Qantas, Serko, and Yandal shares are pushing higher today

These shares are avoiding the market selloff today. But why?

Read more »