The significant rise in availability of fibre has seen adoption increase to 23%, as more local SMEs migrate from ADSL to fibre Internet connectivity.
A large portion of local businesses are still using old technologies, and show a lack of awareness over the benefits of newer ones, says Xero.
Colin Timmis's initial focus will be to help Xero map out its strategy for SA.
The partnership will afford users the option to map the chart of accounts data from Xero into the PaySpace when configuring their GL setup.
SA payments firm Yoco teams up with global cloud accounting software company Xero to make doing business easier for local SMEs.