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Xero Intros Analytics Tool

Xero has introduced Xero Analytics Plus, a set of planning and forecasting tools. The new application is included in Established/Premium plans in the United States and Canada.

The cloud accounting  says Plus combines cashflow forecasting with advanced predictions and business reporting tools. Plus utilizes pattern-matching and predictive algorithms to detect and predict regular cash expenses and income over the next week, month or quarter.

 Xero also released Analytics, a  tool free to Xero Business Edition subscribers.  It combines short-term cash flow which visually project cash flow over 30 days and a business snapshot tool. The cash flow tool has the ability to view future scheduled invoices and bills, while the business snapshot report can be viewed on a cash or accrual basis. 

Using pattern-matching and predictive algorithms, short-term cash flow in Xero Analytics Plus can detect and predict regular cash expenses and income over the next week, month or quarter

Bob Scott
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards.  Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He  has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that.  A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind
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