Franchises Smartly and Easily Consolidate Financials in the Cloud With Xero and Qvinci Software

SAN FRANCISCO, CA and AUSTIN, TX--(Marketwired - Feb 24, 2014) - Xero, the global leader in online accounting software, and Qvinci Software, the leading financial-reporting solution for franchises and multi-unit enterprises, today announced the integration of their cloud platforms to deliver accounting, consolidated reporting, and business intelligence in one seamless, easy-to-use solution.

The partnership will allow Xero customers (with one or more businesses in Xero) to connect and sync all their financial data with Qvinci. Data within Xero will be consolidated and instantly visible in Qvinci, in a format that is clear and usable for better, smarter management.

Xero users syncing just one business with Qvinci gain access to a user-friendly management dashboard showing key financial data in a visual format. Users with multiple businesses on Xero (including franchisors) can consolidate financials from all their businesses in seconds, compare businesses side-by-side, and benchmark against the best-performing businesses in their ecosystem. All Xero users can use Qvinci to run numerous reports, identify operating and financial problems, set early-warning alerts, and receive email reporting on virtually any device.

"Both Xero and Qvinci were designed from the ground up as highly-secure, cloud-based applications, to give users anytime, anywhere access through SaaS subscription models," said Charles Nagel, CEO of Qvinci Software. "Both companies provide customer-centric solutions -- that means fast and secure access, easy-to-use interfaces, intuitive design and navigation, as well as reports that are immediately understandable and usable. It wasn't hard to see the fit and the benefits we could deliver to small businesses and their accountants and bookkeepers."

Xero users can now take a Qvinci account (choosing from among Qvinci FREE, MULTI, or ENTERPRISE), connect online to Xero, and enjoy automatic syncing of their Xero data in Qvinci. There's nothing to download. To get started, contact Xero or Qvinci Software, or simply click this link: http://www.qvinci.com/sync/xero.

"Simplifying the lives of our customers is something that we strive for constantly, which is why we see this partnership with Qvinci as a great fit," said Jamie Sutherland, president, Xero U.S. "Combining both cloud platforms gives our users a simple way to view and take action on their business data -- no matter how complex -- all while strengthening our partner ecosystem."

About Xero:

Xero is beautiful, easy to use online accounting software for small businesses and their advisors. The company has over 250,000 paying customers in more than 100 countries around the world. Recently Xero garnered a five-star review for Software As Service from CPA Practice Advisor. The Xero US team is headquartered in San Francisco. Xero is hosted with Rackspace in Chicago.

To gain insight on how to grow your small business, visit Xero's Small Business Guides.

About Qvinci Software and Qvinci®:

Qvinci Software is the creator of Qvinci®, an industry-leading, highly-secure, cloud-based solution that automatically collects and consolidates in seconds an unlimited number of QuickBooks®, Excel®, Xero®, and MYOB® files, wherever located, in an enterprise-class interface that gives the user a vast array of tools to analyze and act on the data, for better decisions, competitive advantage, and improved profitability.

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Qvinci is a registered trademark of QuickDash, LLC, dba Qvinci Software.