Xero

Xero

Customer Verified
Top Rated
Top Rated
Xero

Overview

Reviews

Xero Review

10
I work in a bookkeeping company that manages bookkeeping across a diverse range of clients from small to large business sizes. Xero is the …

Xero to Hero!

10
Xero allows me to neatly and accurately keep my books in good order while storing all data in the cloud so it can be accessed anywhere. I …

Xero is the Best.

8
Xero is our main accounting system. I have used multiple Accounting software and I like Xero the most. Xero is very user-friendly as I …

From Xero to Hero

8
Our companies books and invoicing are run on Xero. Our accountant uses Xero in her firm too so the integration and remote managing of our …

Xero

10
Xero allows us to manage the Bookkeeping for our clients in the cloud. It provides up-to-date information at an instant allowing us to …

Four-Year Xero User

9
Swapped Sage 50 for Xero around 4 years ago and haven't looked back since. Saves much time and effort, as well as being significantly …

Founder/CEO

10
Xero answers business problems by giving small businesses a better, cheaper way to manage their finances. Xero is an online accounting …

xero saves time

10
We use Xero to keep a track of all our bills and pay them, To reconcile every transaction done through our bank account, keep a track of …

Xero - Amazing Accounting Software

10
I use Xero not only for my accounting and tax purposes but also to link my employee's timesheet from another software Deputy for my …
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Xero is perfect for our small organization!

9
Currently, we use Xero across the whole organization. At the department level, it's used to generate budget variance reports for various …
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XERO review

8
Xero is used in the business for both accounts payable and receivable. We submit our timesheets through Xero and receive all payslips and …
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Simple Xero

8
We use Xero internally for expensing and reimbursing employee expenses. We also use it as a quote and invoice generator. It allows us to …
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Popular Features

View all 44 features

Bank reconciliation (126)

8.9
89%

Accounts receivable (121)

8.6
86%

Accounts payable (120)

8.6
86%

Standard reports (121)

8.6
86%

Reviewer Pros & Cons

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Pricing

View all pricing

Early

$11

Cloud
per month

Growing

$32

Cloud
per month

Established

$62

Cloud
per month

Entry-level set up fee?

  • No setup fee
For the latest information on pricing, visithttps://www.xero.com/us/pricing-plans

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting / Integration Services

Features Scorecard

Payroll Management

8.3
83%

Customization

7.5
75%

Security

8.5
85%

Reporting & Analytics

8.1
81%

General Ledger and Configurable Accounting

7.9
79%

Inventory Management

6.2
62%

Order Management

7.7
77%

Product Details

What is Xero?

Xero is an online accounting software platform for small businesses and their advisors, as well as for personal finance. Xero competes most often with QuickBooks Online. Its features, beyond the ubiquitous general ledger and double-entry bookkeeping support, include invoicing with quotes, bank reconciliation, purchase order and expense management, tax management, and it is mobile-accessible. Xero integrates with over 800 third-party applications, covering everything from inventory and logistics to cash flow, project management, customer relationship management, e-commerce and more.

The product is sold by subscription (a distribution model commonly known as software as a service or SaaS) requiring the payment of a monthly fee. This charge is proportionate to the number (and type) of company entities managed by the subscriber. The lowest tiered pricing option is the $9 per month Starter pack, which supports unlimited users but a limited number of transactions. The $30 Standard pack breaks open usage limits and adds e-filing and payroll options. The $70 Premium package doubles the number of supported employees on payroll from 5 to 10, and supports multiple currencies.

Xero Screenshots

Xero Video

Xero is beautiful accounting software for small businesses and their advisors. See your cashflow in real-time with online accounting, invoicing, payroll, billing & banking. Just login and see the difference. Sign up for a free trial at https://www.xero.com/signup​/

Xero Integrations

Xero Competitors

Xero Technical Details

Deployment TypesSaaS
Operating SystemsUnspecified
Mobile ApplicationNo

Alternatives

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Frequently Asked Questions

What is Xero?

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.

What is Xero's best feature?

Reviewers rate Bank reconciliation highest, with a score of 8.9.

Who uses Xero?

The most common users of Xero are from Small Businesses and the Accounting industry.

Reviews

(1-9 of 9)
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May 30, 2015

Xero or Nothing?

Score 8 out of 10
Vetted Review
Verified User
Review Source
I think the most important thing in any implementation is to have a good understanding of the company where you are implementing the software - their business model and how they want to track/monitor/control their numbers. How do they define gross margin, EBITDA for example. What are the key numbers that are interested in measuring as part of their KPIs, etc. These are important because the design of the application should mirror these important management metrics. The reporting (end result) must be useful for doing pro-forma and what if scenarios in Excel, etc.
Score 8 out of 10
Vetted Review
Verified User
Review Source
Should take minimal effort and be fully implemented within a few hours. Payment system and other app integration may take a little longer, but well worth the effort. Look at Xero Files and Xero Practice Manager for receipt storage and attachments and project workflow tracking. Great Vimeo video library available. Might look a little different than used to for older accountants, but take the time to learn and get more comfortable.
Score 7 out of 10
Vetted Review
Verified User
Review Source
If you're not at all technical, consult with a Certified Advisor during implementation (this goes for implementing any kind of financial software; Xero is neither better nor worse than other software).