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Cloud-based accounting platform Xero has named its Toronto office as the company’s North American hub for product development and technology innovation.
Xero officially opened the office in December 2019 with plans to hire 200. Xero acquired Toronto’s Hubdoc in 2018 to supercharge its automation capabilities and the new office accommodates both the Xero and Hubdoc teams based in Toronto.
The decision marks a major commitment to the Canadian market and Xero’s accelerating investments in North America.
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Xero will hire product and technology specialists across its cloud accounting platform starting with global Payments, Billing and Automation, artificial intelligence (AI), data and machine learning (ML).
According to CBRE’s 2020 Scoring Tech Talent Report, Toronto is one of the top four markets in North America for technology talent.
New positions will include:
● Software developers in the engineering team, responsible for testing critical components of Xero’s future infrastructure, automating data ingestion and improving the workflow of financial documents flowing in and out of Xero.
● Data scientists, engineers and product owners to scale Xero’s machine learning and artificial intelligence capabilities.
● User experience designers and researchers focused on creating market leading product experience that is beautiful, simple and intuitive.
“This is a strategic commitment to our expansion in North America,” said Tony Ward, President, Americas at Xero. “It validates the excellence of our existing team in Toronto, and reflects the deep technology talent in Toronto that will accelerate our drive to deliver smart, data-driven and personalized services to small businesses around the world.”
The new Toronto hires will also build upon Xero’s data automation technology and capabilities. Xero will continue to invest in and expand the artificial intelligence and machine learning features that help the company’s more than two million subscribers automate manual tasks, boost efficiency and gain better insights into business performance.