Xero rival Intuit posts rapid UK subscriber growth

Xero rival Intuit posts rapid UK subscriber growth
Jenny Ruth
Accounting software firm Intuit's latest numbers suggest it may have overtaken arch-rival Xero in Britain and that it is growing fast in countries Xero has yet to target.But an analyst is warning today's data should be treated with caution because of the differing reporting dates of the two companies.Information about US-based Intuit's QuickBooks product was released as part of its investor day, the only time each year that the company provides a per-country breakdown of its progress in international markets. It showed it had 545,000 small busi...

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