Introducing the Xero App Store: Simplifying Small Businesses' Digital Needs | Nick Houldsworth

Nick Houldsworth Exec GM Ecosystem of Xero joined me from the Xero offices in Auckland and we discussed the launch of the Xero App Store. Initially, Nick explains what the Xero App store is, and the thinking behind it. He shares how the App Store will help match the right app with the right customer, and how this will work. As you can imagine, when this announcement was made, there was a lot of discussion about it in the Xero Mastermind group, and I brought their higher level concerns and questions to the interview. I should highlight that The Xero App store is now available in the UK, Australia and New Zealand, notably, it’s currently not available in North America. What are your thoughts on the new Xero App store? I’ve heard a spectrum of opinions from the App Tech community. From shock, to suggesting the revenue share is too high, to the revenue share is fair. Someone commented if the revenue improves the API connections, then the engineers will save time on development, in turn reducing their expenses. Another said if it brings me, customers, I’m happy. Since Covid impacted conferences many within the App community have been asking how can we get in front of accountants, bookkeepers and small businesses. There are only so many webinars we can run? The vision of the Xero App Store is to help match the right app with the right customer and maybe while we’re in this pandemic, it fills that conference void, and like many businesses that have pirouetted, it is a new opportunity that we can all leverage and benefits from. If you want to continue the conversation jump into the thread on the Xero Mastermind Facebook page. The interview was at a high level. I’ll drop into the show notes, links to resources that may provide further information. If you have further questions about how it will work, or impact you the team at Xero are happy to answer any of the questions we weren't able to cover. Reach out to them at api@xero.com. I’d like to take the opportunity to say thank you to Nick Houldsworth, Sarah Scott and the team at Xero who helped coordinate turning around an interview so fast. You’ve been listening to the Cloud Stories podcast. To help other people can find this podcast it’s really helpful if you subscribe leave a five-star review, AND you can subscribe to the AccounTech newsletter at https://HeatherSmithAU.COM

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Exploring the intersections of accounting, technology and modern practice methodologies. Hosted by Heather Smith, an award winning Chartered Accountant with a flair for storytelling. Heather is obsessed with how effective automation and integration can produce timely clean data, to surface information for brave, fast data-informed decision making. Better data, better decisions, better business. She explores this topic with her guests, uncovering insights that offer you a competitive edge. Delve deeper into the Accounting Apps landscape and enhance your understanding. The podcast promises enlightening discussions in the fields of accounting, technology and artificial intelligence. Hit that subscribe button now! Subscribe to the Accounting Apps newsletter: http://AccountingApps.io Join the free Accounting Apps community to continue the conversations. https://www.facebook.com/groups/XeroMasterMind Brilliant guests include entrepreneurs, founders, business consultants, accountants, bookkeepers, small business owners, cloud advisors, developers, cloud integrators and solution providers. Each month guests share how they built their business and how your business or clients can use technology to be more effective and efficient. This may include exploring: *How you can implement and integrate business tools with your online accounting software to automate processes, improve productivity, and profitability; *How to build a business developing business apps; or *How to build a tech stack that meets your business needs or introduce your clients to them. Contact details: LinkedIn: https://www.linkedin.com/in/HeatherSmithAU/