It's another week, and another web hosted accounting software system has hit the UK, this time from New Zealand-listed start-up Xero, which is promising to unleash a life-changing "purple cow" that will introduce small businesses to technology's next evolutionary phase.
The £29 a month Xero system is the brainchild of technology entrepreneur Rod Drury, who worked with Wellington-based accountancy firm Openside to create a "disruptive" Web-powered accounting system.
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