AccountMate vs Xero | TrustRadius

What users are saying about

Score 10 out of 10

Based on 3 reviews and ratings

Score 8.7 out of 10

Based on 290 reviews and ratings

Feature Rating Comparison

AccountMate

Xero

Pay calculation

Direct deposit files

Salary revision and increment management

Reimbursement management

Benefit plan administration

AccountMate

Xero

Single sign-on capability

Role-based user permissions

AccountMate

Xero

Dashboards

Standard reports

Custom reports

AccountMate

Xero

Accounts payable

Accounts receivable

Cash management

Bank reconciliation

Expense management

Time tracking

Multi-currency support

Multi-division support

Regulations compliance

Electronic tax filing

Global Financial Support

Intercompany Accounting

Journals and Reconciliations

Enterprise Accounting

Configurable Accounting

Standardized Processes

Fixed asset management

Self-service portal

Primary and Secondary Ledgers

Localizations

Centralized Rules Framework

AccountMate

Xero

Inventory tracking

Automatic reordering

Manufacturing module

Location management

AccountMate

Xero

Pricing

Order entry

Credit card processing

Cost of goods sold

End-to-end order visibility

Order Orchestration

Order exception Resolution

AccountMate

Xero

Plug-ins

API for custom integration

Pros

Ease of use
Ability to easily adapt the solution to fit the needs of the end user
Integration of data across different platforms

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Owner

Friendly Software, Inc.Computer Software, 1-10 employees

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Xero makes reconciliation incredibly easy. It remembers how we reconciled a particular transaction last time and you can set up rules to auto code transactions so all you need to do is press OK. This makes keeping track of sales tax pretty simple too.
Reporting is a breeze, as long as you code all your transactions correctly it takes seconds to bring up a balance sheet, Profit & Loss and many other types of reports. It also allows for all kinds of custom layouts and exports.
Once your templates are set up with all the relevant information, sending invoices is simple and fast. It's also easy to track different line items on your invoice, say your keeping track of a project which is only part of the full invoice and is necessarily a specific line item, tracking codes make that very easy.

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Malcolm Colman-Shearer

Co Founder

Optimi LtdInformation Technology and Services, 1-10 employees

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Cons

Custom reports: The current system uses Crystal Reports, which is a bit cumbersome.
True cloud-based solution is missing

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Owner

Friendly Software, Inc.Computer Software, 1-10 employees

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Using an accounting system in a web browser versus a standalone app can be a little clunky when it comes to navigation or having multiple windows open at once. This is more a function of using a web browser then a knock against xero itself. For us this is just a minor annoyance having come from a desktop based system before.

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Patrick Cranston

President, CranstonIT, Inc

FileMaker Inc., an Apple subsidiaryInformation Technology and Services, 1-10 employees

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Likelihood to Renew

No score

No answers yet

No answers on this topic

Xero 5.3

Based on 26 answers

In addition to the matters covered in this review, my reason for renewing this product is that Xero's functionality and the constant updates that the company provides, makes the software even more business friendly. The software therefore builds a brand loyalty among customers.

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Consultant - Cloud accounting integration, Real Time Accounting

FuturebooksAccounting, 1-10 employees

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Usability

No score

No answers yet

No answers on this topic

Xero 8.4

Based on 20 answers

It simply is incredibly usable with excellent drill down features. The dashboard is highly configurable. Transactions are now even easier to find with the new Global Search feature. Documents can be attached to transactions. We use Bills Entryless to transfer documents to Xero without keying the data. Visibility to reports (the old style takes seconds). The newer reports are more RAM hungry so there can be a 10 second or so lag while the report is compiled. Usually old style reports deliver what our clients need in a flash

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Accountancy Practice Principal

Yes Accounting LimitedAccounting, 1-10 employees

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Reliability and Availability

No score

No answers yet

No answers on this topic

Xero 9.0

Based on 10 answers

We have been actively using and 100% Xero based for our ecommerce accounting practice for over 4 years. There has on been one real outage for more than 5 minutes. Xero was open and transparent about the outage, what they were doing to resolve the issue, and provided 15 minute updates. Showing how they care about their customers and partners. Plus, showing that their customers care too, were understanding, and went surfing or in our case took a nap. Couldn't run our business without Xero as a partner.

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Co-Founder

Catching CloudsAccounting, 1-10 employees

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Performance

No score

No answers yet

No answers on this topic

Xero 10.0

Based on 8 answers

In 3 years of use, I've only broken the system once. And that was for 30 seconds.

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Dan Schmidt, CPA

Owner

The Emerging Business CFOAccounting, 1-10 employees

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Support Rating

No score

No answers yet

No answers on this topic

Xero 1.2

Based on 15 answers

Support has always been responsive and quickly resolved any questions I have. The only reason I don't give full points is because there's no way to call for immediate help. I'm fine with this because I don't need it badly enough to pay for it

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CFO

RenewableTech VenturesVenture Capital & Private Equity, 11-50 employees

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Online Training

No score

No answers yet

No answers on this topic

Xero 10.0

Based on 5 answers

All of Xero's training is online and available for anyone (business owner or accountants) to learn and become experts in their system. There is a range of content from product training to real world webinars from their partners. Xero is beautiful accounting software and their training is the same.

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Co-Founder

Catching CloudsAccounting, 1-10 employees

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Implementation Rating

No score

No answers yet

No answers on this topic

Xero 9.5

Based on 9 answers

If it can be done, time the implementation near a new fiscal year so you can start clean. Otherwise, you have to go back and do historical data from the beginning of the fiscal year, which can be brain draining.

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Owner / Head Trainer

When Hounds FlyConsumer Services, 1-10 employees

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Alternatives Considered

We use AccountMate for a number of reasons, particularly its ease of use and the ability to customize any part of the system (with source code residing on the end-user system--a HUGE advantage).

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Owner

Friendly Software, Inc.Computer Software, 1-10 employees

View all 1 answers on this topic

Xero was the easiest to use and most cost effective of all the solutions we evaluated during the procurement process. We spoke to other similar sized businesses and they highly recommended using Xero. We liked the fact it's a cloud based system meaning we can access the system and data remotely. It integrates with our recurring billing platform and our bank.

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Operations Director at Solution IP

Solution IPTelecommunications, 11-50 employees

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Scalability

No score

No answers yet

No answers on this topic

Xero 10.0

Based on 6 answers

After 4 years I cannot remember a single moment of downtime. Outstanding reliability!

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Financial Controller

CCK Countertops LLCBuilding Materials, 11-50 employees

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Return on Investment

Allows us to quickly gain insight into the current and past performance of the company

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Owner

Friendly Software, Inc.Computer Software, 1-10 employees

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Demand for Xero trained accountants and bookkeepers has been key to our growth. Our business was started on Xero and has benefited greatly from interest in Xero from customers dissatisfied with QuickBooks.
The practice management tools provided by Xero make it easy to delegate and restrict access to client files to only the staff who need to have access. This increases efficiency and security.
Xero's support for accounting firms is great. We have a dedicated account rep who can step in and get problems solved for us very quickly.

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Co-Founder & CEO

Cloudsourced Accounting LLCAccounting, 11-50 employees

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Pricing Details

General

Free Trial

—

Free/Freemium Version

—

Premium Consulting/Integration Services

—

Entry-level set up fee?

No

General

Free Trial

Yes

Free/Freemium Version

—

Premium Consulting/Integration Services

—

Entry-level set up fee?

No

Rating Summary

AccountMate

Xero

AccountMate

Xero

AccountMate

Xero

AccountMate

Xero

AccountMate

Xero

AccountMate

Xero

AccountMate

Xero

AccountMate

Xero

AccountMate

Xero

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