Tech News: Taxfyle opens new office

Taxfyle, a mobile tax prep platform, opened a new office in Florida's Coconut Grove. The acquisition of the 10,125 square-foot office was paired with the addition of 70 new hires, bringing the core team's numbers to 109 total. The new hires were recruited to head up divisions in marketing, human resources, sales and design. They are the first recruits in a hiring spree expected to expand Taxfyle's team with nearly 85 new employees over the next two years. As of now, the company will list its headquarters as 2911 Grand Ave, Suite 100A, Coconut Grove, Florida 33133.

Xero announced a suite of new features at its recent Xerocon Sydney event. It has updated its cash flow forecasting tool to provide bulk management of planned and expected payment dates for overdue invoices and bills for its Analytics Plus solution. It will soon include the ability to predict likely upcoming payments for bills and invoices, such as payroll or partner bills, over the next 90 days, giving customers a holistic picture of their future cash flow. For its Xero Payroll product, the company said customers in Australia would be able to access a Payroll history feature that provides an audit trail of updates made to employee details. Finally, there was a redesign of Xero Practice Manager to help users better see, find and track client jobs, their status and due date.

Spend management and corporate card provider Ramp is launching a lending partner network to help customers with long-term debt needs. The announcement came shortly after the launch of Ramp Flex, which allows businesses to make bill payments on flexible terms. Through its partners on this initiative — Stifel, Capchase, Live Oak Bank, SmartBiz Loans, Lighter Capital and Founderpath — the network offers three financing options for capital injections: revenue-based financing, Small Business Administration loans and venture debt.