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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

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