New Zealand-based Xero is entering the United States market for practice management software. The company, which launched its online accounting package in this country last fall, entered that application segment through its acquisition earlier this year of WorkflowMax.The concept is very similar to that of Office Tools Professional, which also provides online practice management application that is designed for firms that cannot afford the major products in the CPA market. Xero's Practice Manager edition is $99 per month with the five-user version priced at $149 per month. However, the company is offering partner accounting firms that sign up 20 workflow clients by the end of July the use of the product for free forever. Workflow Max tops out at 20 users.
Xero offers a mobile edition with an iPhone app that offers timesheet functionality.