Xero is a global cloud accounting platform, founded in New Zealand in 2006, now serving over 3 million subscribers across 180+ countries. Designed for businesses of all sizes—especially hospitality SMEs—Xero offers bank reconciliation, invoicing, purchase orders, expense capture (via Hubdoc), multi-currency support, fixed asset tracking, and real-time financial reporting.
A rich third-party app ecosystem—including POS systems (Toast, Square), payroll platforms (Gusto), scheduling tools (Deputy), and hospitality-specific PMS—ensures seamless financial operations and accurate revenue mapping. From stock and labor cost tracking to guest folio posting, Xero integrates deeply into hospitality workflows.
- Automated Bookkeeping & Bank Reconciliation: Speed up workflows with smart bank feeds, rule-based categorization, and AI document capture support via Hubdoc
- Hospitality-Focused Integrations: Sync sales from POS systems like Toast or Square, staff timesheets from Deputy, and purchase orders directly into Xero—no manual entry required
- Cash Flow & Financial Visibility: Real-time dashboards provide profit and loss, expense tracking, and inventory cost insight—enabling smarter decision-making for hotels and restaurants
- Payroll & Staff Management: Via third-party providers like Gusto, Xero supports payroll runs, entitlements, deductions, and employee self-service tools like timesheet tracking & payslip access
- Multi-Currency Accounting & Reporting: Ideal for hotels or hospitality businesses operating globally, with real-time exchange rate updates and multi-entity financial handling
- Extensible App Ecosystem: Connect Xero to hospitality-specific apps from the Xero Marketplace—for scheduling, cost control, budgeting, POS, and analytics tools tailored to restaurants and hotels
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