Xero is executing well in the United States, according to CEO Rod Drury, contending the only problems it has had stem from occasions it hired the wrong people. Thos were part of the remarks made by the head of the New Zealand-based cloud software company early this month in an interview with Radio Live after the company's stock hit a three year-low.

Exact is formulating a channel to sell its Exact Online cloud software. The company says that the organizations to be selected will likely be different from the majority of those that sell the Netherlands-based company's Macola and Max manufacturing packages. Exact is also putting together an accountant program to support its cloud-based products in this country.

Exact has started an accountant program for Exact Online, its web-based application. The program is built around Exact Online for Accountants, which is designed to provide accounting professionals with the ability to collaborate with clients by having real-time access to their financials. Exact Online is designed for companies with fewer than 100 employees.