It's never been a more exciting time to imagine what's possible with
software: Xero CEO outlines how AI could transform the finance industry as we know it

Date:
Wed, 08 Jul 2026 11:18:55 +0000

Description:
AI is set to revolutionize the finance and accounting industries, and Xero wants to provide all the tools your business needs.

FULL STORY ======================================================================Copy link Facebook X Whatsapp Reddit Pinterest Flipboard Threads Email Share this article 0 Join the conversation Follow us Add us as a preferred source on Google Newsletter Subscribe to our newsletter Xero CEO outlines the agentic age of accounting, powered by AI Several new additions to JAX agentic
platform will help workers in all teams Cassidy also looks to allay fears AI will take jobs, saying human influence is always vital The CEO of Xero has highlighted the key role AI can play in helping revolutionize the finance and accounting industries.

Speaking at Xerocon 2026 in London, Sukhinder Singh Cassidy outlined her companys aim, to be the trusted ecosystem for the agentic era through its range of AI services and tools. It's never been a more exciting time to imagine what's possible with software, she declared, outlining Xeros aim, to keep transforming our platforms, so you can transform your practice and then we can keep taking advantage of technology old and new to make work smarter. Latest Videos From Watch full video here: Agentic age Cassidy went on to mention Xeros role in two major initiatives going forward, what she called
the next chapter for the company - namely, making AI work for work and also supporting the rise of the builders.

AI is indeed here, she noted, it's still messy, it's still early, but it's
one of the biggest trends, if not the biggest technological trend of our lifetime. You may like AI is reshaping the finance industry, but governance concerns remain front of mind for CFOs Navigating the rise of agentic AI in 2026 From experimentation to execution: where agentic AI is delivering real value

The finance industry looks to be an obvious area where AI can benefit
workers, with automated tools and services taking the strain off overloaded employees, particularly when it comes to time-consuming manual processes.

The company highlighted this with the release of several new AI tools for its JAX agentic platform, including Smart Document Capture, which can automatically pull out relevant data and adds it to Xero, and Auto Bank Reconciliation, which automates time-consuming manual tasks in bookkeeping by matching transactions to bank feeds automatically, in real-time. Are you a pro? Subscribe to our newsletter Sign up to the TechRadar Pro newsletter to get all the top news, opinion, features and guidance your business needs to succeed! Contact me with news and offers from other Future brands Receive email from us on behalf of our trusted partners or sponsors By submitting
your information you agree to the Terms & Conditions and Privacy Policy and are aged 16 or over.

With all these new tools taking work away from humans, Cassidy confronted the fear faced by some employees that AI would steal their roles.

We believe the role of the trusted advisor doesn't go away, she noted, it magnifies, it multiplies into something much more powerful and meaningful in this era - your judgement, your relationships, your expertise become more valuable, not less, as you take advantage of these tools to supercharge your business.

It's important to recognise that our job is not only to make sure AI works
for your work, but the new opportunities multiply. Follow TechRadar on Google News and add us as a preferred source to get our expert news, reviews, and opinion in your feeds.



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