Overview
ProductRatingMost Used ByProduct SummaryStarting Price
MileIQ
Score 9.5 out of 10
N/A
MileIQ provides automatic mileage tracking for deductions and expenses. It can be used by self-employed workers looking for a mileage deduction or large companies that want to get a handle on mileage expenses reports, and is presented as automatic, easy and accurate, by the company of the same name in San Francisco.
$50
per year per driver
Xero
Score 8.3 out of 10
N/A
Xero is an online accounting software product for small businesses and personal finance. Its features beyond general ledger and double-bookkeeping include quotable invoicing, bank reconciliation, purchase order and expense management, and tax management. Third party apps can extend its features further.
$13
per month
Pricing
MileIQXero
Editions & Modules
Teams Lite
$50
per year per driver
MileIQ
$59.99
per year for individual use
Teams Pro
$100
per year per driver
Early
$13
per month
Growing
$37
per month
Established
$70
per month
Offerings
Pricing Offerings
MileIQXero
Free Trial
YesYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsPrices in table are in USD and just apply to the US - other markets & prices are listed below: Canada - Starter $18 CAD/month, Standard $45 CAD/month, Premium 5 $58 CAD/month UK - Starter £14/month, Standard £28/month, Premium £36/month AU - Starter $29 AUD/month, Standard $59 AUD/month, Premium 5 $76 AUD/month NZ - Starter $31 NZD/month, Standard $66 NZD/month, Premium $84 NZD/month
More Pricing Information
Community Pulse
MileIQXero
Considered Both Products
MileIQ

No answer on this topic

Xero
Features
MileIQXero
Expense Management
Comparison of Expense Management features of Product A and Product B
MileIQ
9.9
2 Ratings
19% above category average
Xero
-
Ratings
Employee Expense Reporting9.92 Ratings00 Ratings
Payment Management
Comparison of Payment Management features of Product A and Product B
MileIQ
9.3
1 Ratings
15% above category average
Xero
-
Ratings
Customizable Approval Policies9.01 Ratings00 Ratings
Financial Document Management9.01 Ratings00 Ratings
Payment Audit Trail10.01 Ratings00 Ratings
Advanced OCR9.01 Ratings00 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
MileIQ
-
Ratings
Xero
7.5
73 Ratings
1% below category average
Pay calculation00 Ratings8.065 Ratings
Benefit plan administration00 Ratings8.023 Ratings
Direct deposit files00 Ratings7.249 Ratings
Salary revision and increment management00 Ratings7.141 Ratings
Reimbursement management00 Ratings7.054 Ratings
Customization
Comparison of Customization features of Product A and Product B
MileIQ
-
Ratings
Xero
8.2
157 Ratings
6% above category average
API for custom integration00 Ratings7.979 Ratings
Plug-ins00 Ratings8.5144 Ratings
Security
Comparison of Security features of Product A and Product B
MileIQ
-
Ratings
Xero
7.2
197 Ratings
13% below category average
Single sign-on capability00 Ratings5.572 Ratings
Role-based user permissions00 Ratings8.9195 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
MileIQ
-
Ratings
Xero
8.5
224 Ratings
8% above category average
Dashboards00 Ratings8.6220 Ratings
Standard reports00 Ratings8.9222 Ratings
Custom reports00 Ratings8.0196 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
MileIQ
-
Ratings
Xero
8.6
234 Ratings
12% above category average
Accounts payable00 Ratings8.5213 Ratings
Accounts receivable00 Ratings8.8218 Ratings
Cash management00 Ratings8.2201 Ratings
Bank reconciliation00 Ratings8.7227 Ratings
Expense management00 Ratings8.4207 Ratings
Time tracking00 Ratings7.476 Ratings
Fixed asset management00 Ratings8.3141 Ratings
Multi-currency support00 Ratings7.8136 Ratings
Multi-division support00 Ratings8.3117 Ratings
Regulations compliance00 Ratings8.3118 Ratings
Electronic tax filing00 Ratings9.2122 Ratings
Self-service portal00 Ratings8.2138 Ratings
Global Financial Support00 Ratings7.673 Ratings
Primary and Secondary Ledgers00 Ratings8.670 Ratings
Intercompany Accounting00 Ratings9.940 Ratings
Localizations00 Ratings10.039 Ratings
Journals and Reconciliations00 Ratings10.090 Ratings
Enterprise Accounting00 Ratings9.933 Ratings
Configurable Accounting00 Ratings9.959 Ratings
Centralized Rules Framework00 Ratings6.033 Ratings
Standardized Processes00 Ratings7.959 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
MileIQ
-
Ratings
Xero
6.6
107 Ratings
13% below category average
Inventory tracking00 Ratings8.4103 Ratings
Automatic reordering00 Ratings6.224 Ratings
Location management00 Ratings6.229 Ratings
Manufacturing module00 Ratings6.016 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
MileIQ
-
Ratings
Xero
7.2
89 Ratings
5% below category average
Pricing00 Ratings10.062 Ratings
Order entry00 Ratings10.056 Ratings
Credit card processing00 Ratings6.358 Ratings
Cost of goods sold00 Ratings6.366 Ratings
Order Orchestration00 Ratings6.121 Ratings
End-to-end order visibility00 Ratings6.124 Ratings
Order exception Resolution00 Ratings6.117 Ratings
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MileIQXero
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Dext
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Score 9.6 out of 10
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Score 7.2 out of 10
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Precoro
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Score 9.3 out of 10
Zoho Books
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Score 9.1 out of 10
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Emburse Chrome River
Emburse Chrome River
Score 7.9 out of 10
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SAP S/4HANA Cloud
Score 8.5 out of 10
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User Ratings
MileIQXero
Likelihood to Recommend
9.9
(2 ratings)
8.1
(247 ratings)
Likelihood to Renew
-
(0 ratings)
6.5
(37 ratings)
Usability
10.0
(1 ratings)
8.2
(174 ratings)
Availability
-
(0 ratings)
9.1
(11 ratings)
Performance
-
(0 ratings)
9.1
(9 ratings)
Support Rating
-
(0 ratings)
5.1
(39 ratings)
In-Person Training
-
(0 ratings)
9.1
(1 ratings)
Online Training
-
(0 ratings)
10.0
(5 ratings)
Implementation Rating
-
(0 ratings)
7.0
(12 ratings)
Configurability
-
(0 ratings)
8.2
(2 ratings)
Ease of integration
-
(0 ratings)
7.3
(132 ratings)
Product Scalability
-
(0 ratings)
8.2
(7 ratings)
Vendor post-sale
-
(0 ratings)
4.5
(3 ratings)
Vendor pre-sale
-
(0 ratings)
4.5
(3 ratings)
User Testimonials
MileIQXero
Likelihood to Recommend
MileIQ
MileIQ is a great tool for users that need to track their own business mileage to claim on expense reports. The phone app is easy to set up and use when classifying drives. it will occasionally ask you if you want to auto-classify frequent drives to further minimize the manual tasks of tracking mileage.
Read full review
Xero
I am a massage and physical therapist. We are not a fancy business but business admin can take a lot of time and effort. Xero came recommended to me by colleagues in the sector. You raise invoices, you get paid. and you pay your bills. These are all daily scenarios for most businesses and Xero does this particularly well. Since my accountant can query my records directly, this greatly saves on bookkeeping time when it is time to do the company returns.
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Pros
MileIQ
  • track mileage very accurately
  • easily categorize business versus personal trips
  • reports are quite simple to generate and forward to DEXT
  • settings are easy to set-up for proper government approved mileage rates
Read full review
Xero
  • Repeating invoices (most of my business is monthly recurring invoices) - it does these very well.
  • Reporting - particularly being able to dig into the different lines of the P&L statement.
  • Tracking categories - I assign a category to every line of every invoice so it's easy to see how much has been sold of each type of service every month and year, and compare them to previous periods.
Read full review
Cons
MileIQ
  • Integrate the paid version's admin console into the phone app for easier management.
Read full review
Xero
  • Having different email addresses for different parts of a customer's business (eg invoices and statements to different places)
  • Easily seeing the text of emails that have been sent through Xero
  • More easily archiving old pay items. Our HR software updates rates when awards are updated which means a lot of old pay rates are in the system and they have multiple clicks to archive each one. Clicking the ones to archive in bulk and then just click archive for all would be much more efficient.
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Likelihood to Renew
MileIQ
No answers on this topic
Xero
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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Usability
MileIQ
MileIQ is extremely easy to use. The phone app has a great flow. Drive classification can be as easy as swiping left and right. Users can access their reports in 2-3 steps. The admin console is easy to navigate and makes it simple to invite new users and remove old ones.
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Xero
As a standalone software, it allows users to fulfill most of the basic functions (e.g. transaction input and report generation) simply and conveniently. It also allows for multiple APIs to help augment various tasks that accounting-adjacent (e.g. claims processing). The cloud based model and portability to mobile devices allows tasks to be carried out in a more convenient way.
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Reliability and Availability
MileIQ
No answers on this topic
Xero
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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Performance
MileIQ
No answers on this topic
Xero
On a good day, things worked but after upgrades, things began to slow and or not work at all at times. I coined the moving circle while I waited as the "Xero Wheel of Death". Sometimes it never stopped and force quitting was necessary.
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Support Rating
MileIQ
No answers on this topic
Xero
Always respond and keep issues open until you are satisfied with the result. Generally good responses, in the past, I had some support responses that were really basic and really annoying. They type where "have your tried restarting your computer" style of answers. Well, of course, I went through all the basics before contacting them. Duh, but I suppose not everyone does. Otherwise, it would be a 10. The last year has shown a marked improvement in the support responses however.
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In-Person Training
MileIQ
No answers on this topic
Xero
The format was great; someone was there to ask questions or help if you were stuck.
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Online Training
MileIQ
No answers on this topic
Xero
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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Implementation Rating
MileIQ
No answers on this topic
Xero
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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Alternatives Considered
MileIQ
No answers on this topic
Xero
Each of the products I listed had their own list of drawbacks, but the one thing they all had in common, which was right on top of that list of drawbacks, was ease of use. I struggled to get myself accustomed to each system and struggled, but when it came to getting a client to even try and use it was when the true struggle started. Just found it easier to make use of Xero from the very beginning.
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Scalability
MileIQ
No answers on this topic
Xero
I have yet to fully stress test the product given the size of the company where I am using it. I am sure as we scale to more customers, more vendors and more reporting requirements, I will have a better understanding of what it is capable of in terms of bandwidth and processing
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Return on Investment
MileIQ
  • Very automated, less than 10 minutes a week to categorize drives, another 10 minutes at the end of the month to create a report. Easy and efficient use of employee time.
  • Easily integrates with our Expense Management System and Accounting packages
  • No manual intervention at all required by employees - no tracking required on their part.
Read full review
Xero
  • Xero is a basic accounting system that performs basic accounting tasks easily and accurately. For that, it provides a positive impact on our day to day accounting operations.
  • Because of Xero's basic structure, I feel it lacks some of the sophistication that some users want and need. The ability to create unique custom reports would enhance the impact Xero would have on meeting business objectives by providing current and useful accounting information.
  • In my opinion, Xero's lack of focus on their customers - their users - is a real issue with me. In my opinion, those of us that are in the trenches that work with the system on a daily basis have to deal with the shortcomings of the system with the knowledge that Xero support refuses to address the operational issues that make their user's lives difficult. I feel if Xero would focus on truly making their software better from a users point of view, it has the potential to be a great system.
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ScreenShots

Xero Screenshots

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