H&R Block Selects Xero

H&R Block has selected the global small business platform Xero as its preferred cloud accounting solution provider for assisted bookkeeping. A Xero partner since 2014 with a large base of millions of small business customers, H&R Block will use the Xero platform as its preferred technology stack for bookkeeping services offered through Block Advisors.

Xero will be used by H&R Block’s central bookkeeping team and company offices nationwide providing assisted bookkeeping services. Many H&R Block franchisees also use the Xero platform to provide small business clients with access to financial insights and data that can help guide decision making and help them feel empowered to build and run their businesses.

“We’re extremely excited about the opportunities this partnership brings,” said Jamil Khan, Chief Strategy and Small Business Development Officer. “We’re confident that the cutting-edge features that Xero provides will be a huge benefit to how our bookkeeping teams collaborate with our customers as well as help us drive growth. And we’re excited to partner with Xero to deliver our mission of helping small businesses thrive.”

By collaborating with Xero, H&R Block is committed to building a bookkeeping model that brings its advisors and small business clients closer together with real-time collaboration tools. Xero’s cloud-based accounting technology enables Block Advisors to outsource bookkeeping for clients and expand beyond tax preparation to help deliver greater advisory services year-round focused on financial reporting and business health metrics that can help provide more robust support for small business clients. With Xero, clients can access financial statements and custom reports to help identify business trends, and Block Advisors can collaborate with clients to offer personalized services to help drive growth, boost cash flow or increase profitability.

“By working closely with H&R Block, we can help improve the lives of small business owners by providing them access to real-time data and financial insights so they can apply this information to their business,” said Ben Richmond, US Country Manager at Xero. “We are excited to extend this partnership and equip Block Advisors with tools to drive meaningful conversations with clients about how to grow their business, expand operations or find ways to achieve whatever success looks like to them.”