What users are saying about
3 Ratings
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Top Rated
237 Ratings
3 Ratings
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Score 8 out of 101

Xero

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Top Rated
237 Ratings
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Score 8.3 out of 101

Likelihood to Recommend

ALTO Exchange

This is a good portal for accounting and even sales personel to use in their jobs if they are needing to access purchase orders from our customers
No photo available

Xero

Xero is well suited to SME businesses that don't require the locked down approach of larger finance packages like Oracle financials and SAP. It's easy to use and understand for non finance trained staff. Invoicing and credit control is made simple and projects overlay feature allows for better control and visibility of projects being delivered.
Graham Green profile photo

Feature Rating Comparison

Payroll Management

ALTO Exchange
Xero
6.4
Pay calculation
ALTO Exchange
Xero
7.2
Benefit plan administration
ALTO Exchange
Xero
5.8
Direct deposit files
ALTO Exchange
Xero
6.6
Salary revision and increment management
ALTO Exchange
Xero
6.3
Reimbursement management
ALTO Exchange
Xero
6.3

Customization

ALTO Exchange
Xero
8.3
API for custom integration
ALTO Exchange
Xero
8.2
Plug-ins
ALTO Exchange
Xero
8.4

Security

ALTO Exchange
Xero
8.8
Single sign-on capability
ALTO Exchange
Xero
8.9
Role-based user permissions
ALTO Exchange
Xero
8.8

Reporting & Analytics

ALTO Exchange
Xero
8.3
Dashboards
ALTO Exchange
Xero
8.3
Standard reports
ALTO Exchange
Xero
8.6
Custom reports
ALTO Exchange
Xero
8.0

General Ledger and Configurable Accounting

ALTO Exchange
Xero
7.8
Accounts payable
ALTO Exchange
Xero
8.7
Accounts receivable
ALTO Exchange
Xero
8.6
Cash management
ALTO Exchange
Xero
7.9
Bank reconciliation
ALTO Exchange
Xero
8.8
Expense management
ALTO Exchange
Xero
7.5
Time tracking
ALTO Exchange
Xero
5.4
Fixed asset management
ALTO Exchange
Xero
7.3
Multi-currency support
ALTO Exchange
Xero
7.9
Multi-division support
ALTO Exchange
Xero
7.4
Regulations compliance
ALTO Exchange
Xero
7.9
Electronic tax filing
ALTO Exchange
Xero
7.9
Self-service portal
ALTO Exchange
Xero
7.9
Global Financial Support
ALTO Exchange
Xero
7.4
Primary and Secondary Ledgers
ALTO Exchange
Xero
8.6
Intercompany Accounting
ALTO Exchange
Xero
7.5
Localizations
ALTO Exchange
Xero
7.8
Journals and Reconciliations
ALTO Exchange
Xero
8.1
Enterprise Accounting
ALTO Exchange
Xero
7.2
Configurable Accounting
ALTO Exchange
Xero
8.1
Centralized Rules Framework
ALTO Exchange
Xero
8.0
Standardized Processes
ALTO Exchange
Xero
8.1

Inventory Management

ALTO Exchange
Xero
7.8
Inventory tracking
ALTO Exchange
Xero
7.1
Automatic reordering
ALTO Exchange
Xero
7.9
Location management
ALTO Exchange
Xero
8.1
Manufacturing module
ALTO Exchange
Xero
8.0

Order Management

ALTO Exchange
Xero
7.4
Pricing
ALTO Exchange
Xero
7.9
Order entry
ALTO Exchange
Xero
7.9
Credit card processing
ALTO Exchange
Xero
7.8
Cost of goods sold
ALTO Exchange
Xero
7.6
Order Orchestration
ALTO Exchange
Xero
6.9
End-to-end order visibility
ALTO Exchange
Xero
7.4
Order exception Resolution
ALTO Exchange
Xero
5.8

Accounting Firm BPO Features

ALTO Exchange
Xero
7.6
Branded client dashboards
ALTO Exchange
Xero
8.0
Client data roll-up capabilities
ALTO Exchange
Xero
7.3
Client data consolidation for benchmarking
ALTO Exchange
Xero
7.5
Configurable alerts
ALTO Exchange
Xero
6.7
Billing bypass
ALTO Exchange
Xero
7.9
Client template cloning
ALTO Exchange
Xero
7.5
Single sign-on
ALTO Exchange
Xero
7.2
Configurable client onboarding questions
ALTO Exchange
Xero
7.6
Cross-client workflow management
ALTO Exchange
Xero
8.4
Industry-specific versioning
ALTO Exchange
Xero
8.1
Legacy system data migration
ALTO Exchange
Xero
6.9

Pros

ALTO Exchange

  • Clean easy to navigate interface
  • Excellent and accurate customer service
  • Easy to get activated for both customer and vendor relations
No photo available

Xero

  • Bank feeds reduce data input and reduce errors.
  • Expenses can be added on the go via the mobile app.
  • Reporting - simple reports, good configurable dashboards keep owners and stakeholders aware of the financial position in seconds. Budgets can easily be created and managed.
  • There are over 500 add-ons that streamline seamlessly to Xero. That gives us the confidence we can find the right match of CRM, POS, Time Management or stock control system as necessary.
  • Multi Currency is as good as SAP Business 1. That is a real plus for software at this price.
John Cotter profile photo

Cons

ALTO Exchange

  • When submitting an invoice and error is generated the error is not too clear on how to fix the issue
  • Ability to scan or upload PDF invoice to customer
  • Email confirmation that invoice has been successfully submitted
No photo available

Xero

  • I would really like to see job costing as a native feature. However, there are many add ons that handle this.
  • I would love to see payroll in all states. I know they are rolling the states out and should be done this year, but I am impatient. :)
Cristina Garza profile photo

Likelihood to Renew

ALTO Exchange

No score
No answers yet
No answers on this topic

Xero

Xero 9.8
Based on 24 answers
Xero is a good product and I believe with enhancements it will continue to improve so it will be more competitive with other products on the market. As the clients comfort level with Xero increases the more likely they will be to renew. Generally speaking folks don't like change, so if something is working there is no need to move their cheese.
Kris Bowling profile photo

Usability

ALTO Exchange

No score
No answers yet
No answers on this topic

Xero

Xero 8.3
Based on 20 answers
Simple and elegant - designed for the way an end-user would think, not just for bookkeepers
Ean Murphy profile photo

Reliability and Availability

ALTO Exchange

No score
No answers yet
No answers on this topic

Xero

Xero 9.0
Based on 10 answers
Just a very few instances when it goes down for updates, etc. Otherwise would have given it a 10.
Shelly Lingor profile photo

Performance

ALTO Exchange

No score
No answers yet
No answers on this topic

Xero

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.
Dan Schmidt, CPA profile photo

Support

ALTO Exchange

No score
No answers yet
No answers on this topic

Xero

Xero 8.7
Based on 14 answers
Xero support for a cloud based software with hundreds of thousands of users is about as good as it gets. There is always room for improvement though.
John Cotter profile photo

Online Training

ALTO Exchange

No score
No answers yet
No answers on this topic

Xero

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.
Scott Scharf profile photo

Implementation

ALTO Exchange

No score
No answers yet
No answers on this topic

Xero

Xero 9.5
Based on 9 answers
Have a good plan. Carefully reconcile closing balances with opening balances. Conversion at fiscal year end is ideal if possible
Dave Olsen profile photo

Alternatives Considered

ALTO Exchange

N/A this was setup by my customer for us to use
No photo available

Xero

Xero smashes QuickBooks and I will never use QuickBooks again. Xero has a great UI, a great customer service team, a really great pricing model, and is a much better product. I don't have to struggle with software; I can easily share info with my clients, and we can do higher level work with the extra time we have. Overall my clients are much happier with Xero and my employees feel like they are fully supported. What more could I ask for?
Cristina Garza profile photo

Scalability

ALTO Exchange

No score
No answers yet
No answers on this topic

Xero

Xero 9.9
Based on 6 answers
After 4 years I cannot remember a single moment of downtime. Outstanding reliability!
Doug Fish profile photo

Return on Investment

ALTO Exchange

  • Too early to tell just started using it
No photo available

Xero

  • We are super efficient with Xero and doubled the volume of work we can handle.
  • We look like rockstars with Xero. People come to us because of how clean the design is and how easy it is to use. We convert leads in no time.
  • My employees are happy that they don't have to struggle with the software. Happy employees means better work!
Cristina Garza profile photo

Screenshots

Pricing Details

ALTO Exchange

General

Free Trial
Yes
Free/Freemium Version
Yes
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
Required
Additional Pricing Details

Xero

General

Free Trial
Yes
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No
Additional Pricing Details

Add comparison