Xero’s A$500 Ultra Bet: 5,000 Subscriptions Would Match 1% of Annual Sales
With the Australian share market shut for the weekend, Xero ended the week with its clearest move beyond small-business accounting: a A$500-a-month Ultra plan aimed at Australian companies with roughly 20 to 200 staff. Xero is pitching the service as a bridge to enterprise resource planning, or ERP, software that connects finance with wider operations such as payroll, inventory and projects.