What users are saying about
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Top Rated
483 Ratings
5 Ratings
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Score 7.4 out of 100

Xero

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Top Rated
483 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow noopener'>trScore algorithm: Learn more.</a>
Score 8.8 out of 100

Likelihood to Recommend

Fourth Procurement and Inventory

The product is user-friendly in automating the tasks, managing the master data through central purchasing, and creating custom reports. It lacks certain basic functionalities like a record of wastages, sending automated emails confirming if the automatic tasks (scheduled tasks) have been completed or not, and the ability to automate the nutrition information, etc.
Naga Vasiraju | TrustRadius Reviewer

Xero

Xero was a definite step up from QBO, specifically for the ability to handle multiple currencies. It has allowed us to streamline our bookkeeping and month-end processes through the use of integrations with other services. It is a great tool for basic businesses. I do feel it is not the best tool for enterprise customers, complex businesses, or the consolidation of entities.
Kelly Bonneau | TrustRadius Reviewer

Feature Rating Comparison

Payroll Management

Fourth Procurement and Inventory
Xero
8.3
Pay calculation
Fourth Procurement and Inventory
Xero
9.0
Benefit plan administration
Fourth Procurement and Inventory
Xero
8.1
Direct deposit files
Fourth Procurement and Inventory
Xero
9.1
Salary revision and increment management
Fourth Procurement and Inventory
Xero
8.4
Reimbursement management
Fourth Procurement and Inventory
Xero
7.0

Customization

Fourth Procurement and Inventory
Xero
7.6
API for custom integration
Fourth Procurement and Inventory
Xero
7.3
Plug-ins
Fourth Procurement and Inventory
Xero
7.9

Security

Fourth Procurement and Inventory
Xero
8.4
Single sign-on capability
Fourth Procurement and Inventory
Xero
8.4
Role-based user permissions
Fourth Procurement and Inventory
Xero
8.5

Reporting & Analytics

Fourth Procurement and Inventory
Xero
8.1
Dashboards
Fourth Procurement and Inventory
Xero
8.0
Standard reports
Fourth Procurement and Inventory
Xero
8.6
Custom reports
Fourth Procurement and Inventory
Xero
7.8

General Ledger and Configurable Accounting

Fourth Procurement and Inventory
Xero
8.0
Accounts payable
Fourth Procurement and Inventory
Xero
8.6
Accounts receivable
Fourth Procurement and Inventory
Xero
8.8
Cash management
Fourth Procurement and Inventory
Xero
8.1
Bank reconciliation
Fourth Procurement and Inventory
Xero
8.9
Expense management
Fourth Procurement and Inventory
Xero
8.2
Time tracking
Fourth Procurement and Inventory
Xero
6.7
Fixed asset management
Fourth Procurement and Inventory
Xero
7.3
Multi-currency support
Fourth Procurement and Inventory
Xero
8.1
Multi-division support
Fourth Procurement and Inventory
Xero
7.1
Regulations compliance
Fourth Procurement and Inventory
Xero
8.4
Electronic tax filing
Fourth Procurement and Inventory
Xero
8.9
Self-service portal
Fourth Procurement and Inventory
Xero
7.9
Global Financial Support
Fourth Procurement and Inventory
Xero
7.5
Primary and Secondary Ledgers
Fourth Procurement and Inventory
Xero
8.2
Intercompany Accounting
Fourth Procurement and Inventory
Xero
7.3
Localizations
Fourth Procurement and Inventory
Xero
8.4
Journals and Reconciliations
Fourth Procurement and Inventory
Xero
8.8
Enterprise Accounting
Fourth Procurement and Inventory
Xero
7.0
Configurable Accounting
Fourth Procurement and Inventory
Xero
8.4
Centralized Rules Framework
Fourth Procurement and Inventory
Xero
7.6
Standardized Processes
Fourth Procurement and Inventory
Xero
8.0

Inventory Management

Fourth Procurement and Inventory
Xero
5.9
Inventory tracking
Fourth Procurement and Inventory
Xero
5.7
Automatic reordering
Fourth Procurement and Inventory
Xero
4.9
Location management
Fourth Procurement and Inventory
Xero
7.4
Manufacturing module
Fourth Procurement and Inventory
Xero
5.4

Order Management

Fourth Procurement and Inventory
Xero
7.8
Pricing
Fourth Procurement and Inventory
Xero
7.2
Order entry
Fourth Procurement and Inventory
Xero
7.7
Credit card processing
Fourth Procurement and Inventory
Xero
9.0
Cost of goods sold
Fourth Procurement and Inventory
Xero
8.1
Order Orchestration
Fourth Procurement and Inventory
Xero
7.0
End-to-end order visibility
Fourth Procurement and Inventory
Xero
7.9
Order exception Resolution
Fourth Procurement and Inventory
Xero
7.5

Pros

Fourth Procurement and Inventory

  • The 'stock management' tab on the home screen is of particular use when keeping tabs on incoming deliveries into the restaurant.
  • The option to open and close your stock period is great as you have the chance to edit your stock at a moment's notice.
Anonymous | TrustRadius Reviewer

Xero

  • Easy to set-up/use. It took me only 15-minutes for the initial set-up.
  • Provide necessary integration with other applications we use. We integrate Xero with Expensify and JustWorks.
  • Cost-effective and therefore much cheaper than other plans out there.
  • Real-time link with our bank, which provides real-time account balances of what's in our bank account.
  • Standard reports already built-in.
Anonymous | TrustRadius Reviewer

Cons

Fourth Procurement and Inventory

  • It would help massively to see via Enterprise and menu items what ones are no longer active, to keep the data tidy.
  • When you take purchase reports from Enterprise and select to organise them by category, show the name of the category on the actual report download.
  • Quick and easy upload/download of supplier products for correcting prices, descriptions, prices in bulk.
Martin McHugh | TrustRadius Reviewer

Xero

  • Overall it is a great platform and quite comprehensive for US based users.
  • However, if we focus on multinational companies that want to integrate the information of different companies in several countries within the same solution, we find the need to carry out reports outside the platform to provide the accounting structure and compliance necessary in countries outside the US.
Anonymous | TrustRadius Reviewer

Likelihood to Renew

Fourth Procurement and Inventory

No score
No answers yet
No answers on this topic

Xero

Xero 2.0
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.
Sarang Mandke | TrustRadius Reviewer

Usability

Fourth Procurement and Inventory

No score
No answers yet
No answers on this topic

Xero

Xero 9.0
Based on 54 answers
Xero has always been easy and intuitive to use. I very, very rarely require help using it and when I do, searching the help database usually solves the problem. I taught myself how to use Xero when starting my business and, since then, have always appreciated how easy it is to use and how rich and valuable the data is that it produces. I strongly believe that the strength of my business is in part due to the way I have been able to keep tidy books with Xero.
Tom Roden | TrustRadius Reviewer

Reliability and Availability

Fourth Procurement and Inventory

No score
No answers yet
No answers on this topic

Xero

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.
Scott Scharf | TrustRadius Reviewer

Performance

Fourth Procurement and Inventory

No score
No answers yet
No answers on this topic

Xero

Xero 10.0
Based on 8 answers
Pages generally load quickly, but it's a fairly common occurrence to have pages taking a bit longer than I'd like to load (as in, 4+ seconds). Occasionally I have to refresh a page to get it to work. Bank feed and integrations tend to be slow in general, but that could easily be due to API latency on the side of the other parties. Most of the time, though, the bank feeds refresh before I login so it's not a huge problem. Not necessarily good performance compared to a local app like QuickBooks desktop, but definitely good performance for a cloud application. Room for growth? yes.
Anonymous | TrustRadius Reviewer

Support Rating

Fourth Procurement and Inventory

Fourth Procurement and Inventory 7.4
Based on 4 answers
Too long to get an answer.
Sarah Winter | TrustRadius Reviewer

Xero

Xero 4.5
Based on 19 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
Dave Olsen | TrustRadius Reviewer

Online Training

Fourth Procurement and Inventory

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 | TrustRadius Reviewer

Implementation Rating

Fourth Procurement and Inventory

No score
No answers yet
No answers on this topic

Xero

Xero 9.7
Based on 10 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.
Andre Yeu | TrustRadius Reviewer

Alternatives Considered

Fourth Procurement and Inventory

No answers on this topic

Xero

I used QuickBoosk for years when I first started my companies. As someone who came from a science background, I struggled learning and using QuickBooks. It was never intuitive for me. Eventually, invoicing and normal bookkeeping took so much time for me that I had to outsource it to an external bookkeeping firm. They were the one that recommended that I try Xero and it was night and day for me. Now all the invoicing and bookkeeping are done in-house, which saved us significant amounts of money.
Anonymous | TrustRadius Reviewer

Scalability

Fourth Procurement and Inventory

No score
No answers yet
No answers on this topic

Xero

Xero 10.0
Based on 6 answers
Over 600 plus apps available for integration and easy to create standard charts of account and report templates to implement across multiple entities. Same pricing regardless of number of transactions or users. Real benefit is variety of integrated apps that allow you to automate processes and have functionality that 10 years ago was only available in ERP systems costing hundreds of thousands.
Anonymous | TrustRadius Reviewer

Return on Investment

Fourth Procurement and Inventory

  • Procurement: Integrating some of the key suppliers with Trade Simple has saved labour hours.
  • Integration: GL Integrations have increased the efficiency and quality of data.
Naga Vasiraju | TrustRadius Reviewer

Xero

  • Excellent positive impact on ROI - easy to use, saves time related to bookkeeping
  • Improved access to financial information - excellent reports
  • Improved bill payment time - can easily see what bills are due and the amounts
  • Improved accounts receivables collection time - can easily see when invoices are coming due
Nicola (Nicki) Morris | TrustRadius Reviewer

Screenshots

Pricing Details

Fourth Procurement and Inventory

General

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

Fourth Procurement and Inventory Editions & Modules

Additional Pricing Details

Xero

General

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

Xero Editions & Modules

Edition
Early$111
Growing$321
Established$621
  1. per month
Additional Pricing Details

Rating Summary

Likelihood to Recommend

Fourth Procurement and Inventory
7.4
Xero
8.6

Likelihood to Renew

Fourth Procurement and Inventory
Xero
2.0

Usability

Fourth Procurement and Inventory
Xero
9.0

Reliability and Availability

Fourth Procurement and Inventory
Xero
9.0

Performance

Fourth Procurement and Inventory
Xero
10.0

Support Rating

Fourth Procurement and Inventory
7.4
Xero
4.5

Online Training

Fourth Procurement and Inventory
Xero
10.0

Implementation Rating

Fourth Procurement and Inventory
Xero
9.7

Scalability

Fourth Procurement and Inventory
Xero
10.0

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