rewrite this title Xero Announces Integration with Anthropic’s Claude – Finovate

Small business management and accounting platform Xero has launched its live integration with Anthropic’s AI assistant Claude.

The integration comes less than a month after Xero announced its multi-year partnership with Anthropic. It will enable users to leverage real-time financial intelligence to gain insights into revenue, profit, contacts, receivables, as well as financial health and cash position.

Founded in 2006, Xero has been a Finovate alum since 2011. Sukhinder Singh Cassidy is CEO.

Small business management platform Xero announced its live integration with Anthropic, the AI company behind AI assistant Claude.

The live integration follows the company’s multi-year partnership announced in March. The goal of the partnership is to integrate Claude’s AI directly into Xero and to bring Xero’s financial data and tools into Claude.ai. The partnership will give small businesses and their accounting and bookkeeping teams the ability to put real-time financial intelligence to work managing their company’s finances.

“Every day, millions of small business owners ask the same questions: Why is cash tight this month? Which invoices are overdue? Can I afford to hire?” Xero Chief Product & Technology Officer Diya Jolly said. “To run their business efficiently, small business owners and their accountants and bookkeepers need to be able to answer these questions and act on them in real time, whether using Xero or Claude. This partnership delivers on that.”

The integration marks the first time that Xero customers will be able to work with their financial data inside an AI platform. It will reduce the amount of time spent doing manual work, from pursuing invoices to compiling cash flow across multiple reports, and will proactively surface insights that would otherwise be time-consuming to discover. The integration will also provide a new way for Claude to power financial workflows for small businesses at scale.

Users with active Xero subscriptions can take advantage of the integration immediately, bringing their financial data directly into their Claude discussions without having to change tools. Insights generated by Claude are delivered directly to Xero customers, enabling them to take actions such as reviewing the complete report or invoice detail to uncover total earnings, discover outstanding payments, and gain visibility into business health via insights into assets, liabilities, and cash flow.

“When customers engage in wide-ranging conversations with Claude about their business strategy or day-to-day operations, they can now use Claude to instantly pull up their cash position, check overdue invoices, or see how profit is tracking, all without breaking their flow of work,” Jolly added. “That’s what it means to have Xero wherever you work, and it’s part of our commitment to ensuring customers can leverage Xero at every point in their decision-making process.”

A Finovate alum since 2011, Xero serves more than 4.9 million customers around the world with its small business accounting platform. The company’s technology offers all-in-one paperless record-keeping, automated bank reconciliation and invoice reminders, as well as smart data and insights such as trend analysis and customizable reporting. The platform connects to more than 1,000 third-party apps to deliver an integrated, streamlined business solution. Sukhinder Singh Cassidy is CEO.

Photo by João Marcelo Martins on Unsplash

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