Xero Has Acquired Syft – What That Means for Your Business

Xero recently acquired Syft Analytics Reporting, a powerful reporting and analytics platform designed to turn financial data into clear, decision-ready insights. But what does that mean for your business? And how can you take advantage of it?

What is Syft?
Syft connects directly with Xero (and other accounting systems) to transform your raw data into clean, visual reports, dashboards, and forecasts. It’s designed for business owners and decision-makers who want to clearly understand their financial position without digging through spreadsheets.

With Syft, you get access to tools like KPI dashboards, cash flow projections, board reports, and scenario modelling—all designed to help you make confident, informed decisions.

How we're already using it with clients
At Hansens, we've been working with a number of advisory tools like Syft for some time now as part of our Virtual Financial Controller (VFC) service.

For small to medium businesses that don’t need a full-time in-house financial controller just yet, our VFC model delivers the same high-level insights and strategic guidance—on a flexible, cost-effective basis.

Here’s how Syft helps us do that:

• Interactive Dashboards: We build visual dashboards showing your Profit & Loss, Balance Sheet, Cashflow, and KPIs in one streamlined view. You can track your performance in real time, anytime.
• Forecasting & Scenario Modelling: Whether you’re planning for growth, investment, or change, we help model the outcomes so you can choose your path with confidence.
• Professional Reporting: For board meetings, investors, or internal strategy, we provide clean, polished financial reports—no late-night formatting required.
• Strategic Insights: Numbers are just the beginning. We work with you to interpret the data and turn it into actions that align with your goals.

Why choose a Virtual Financial Controller?
Our Virtual Financial Controller (VFC) service is designed for growing businesses that want strategic financial oversight, without the full-time cost.

• Cost-Effective – Only pay for what you need. No hiring or training overhead.
• Experienced Team – Access to a team of experts with real-world commercial insight.
• Flexible Support – Scale your level of support as your business grows.
• Time-Saving – Free up your time to focus on running the business.
• Risk Reduction – Improved financial controls, including baseline cybersecurity guidance.

Want to see it in action?
If you’d like better financial visibility, sharper decision-making tools, and expert guidance, without committing to a full-time hire, our Virtual Financial Controller service could be exactly what you need. Get in touch with us to learn more.

Let’s help your numbers tell a clearer story. One you can act on.