KEY POINTS:
Xero is crediting the tough economic climate for a lift in sales of its accounting software.
The company has signed up 1000 customers in the past 50 days, which it said is down to businesses putting a greater focus on day-to-day cashflow.
The web-based accounting system gives companies real-time access to financial information. Xero has 4000 customers with a quarter of those in Britain.
