Xero

Xero

Customer Verified
Top Rated
About TrustRadius Scoring
Score 8.7 out of 100
Top Rated
Xero

Overview

Recent Reviews

Hero is Xero!!

10 out of 10
March 20, 2022
We use Xero for all of our invoicing needs. Keeping those straight is a task all itself. Xero allows us the freedom and flexibility we …
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user-friendly software

8 out of 10
March 14, 2022
We use Xero for our accounting. Invoices are created there and sent to the clients directly from Xero. It is great that Xero allows …
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Simple Xero

5 out of 10
February 24, 2022
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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Reviewer Sentiment

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Awards

TrustRadius Award Top Rated 2022
TrustRadius Best of Award, Best Of Relationship 2022
TrustRadius Best of Award, Best Of Value 2022
TrustRadius Best of Award, Best Of Feature Set 2022

Popular Features

View all 44 features

Bank reconciliation (137)

8.9
89%

Accounts payable (130)

8.7
87%

Standard reports (132)

8.7
87%

Accounts receivable (131)

8.7
87%

Reviewer Pros & Cons

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Video Reviews (1)

Record

Pricing

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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

7.7
77%

Security

8.6
86%

Reporting & Analytics

8.2
82%

General Ledger and Configurable Accounting

8.0
80%

Inventory Management

6.8
68%

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

Comparisons

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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 Direct deposit files and Bank reconciliation highest, with a score of 8.9.

Who uses Xero?

The most common users of Xero are from Small Businesses (1-50 employees) and the Accounting industry.

Reviews

(1-25 of 29)
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January 15, 2018

Small company savior?

Austin Morrell | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User
Review Source
Renewal won't be a question for my company. Xero--with our 12 month run thus-far--has proven to be reliable, capable, and idiot proof. I rely heavily on value brought to the consumer, this is no exception. I look forward to many years of working with Xero. And in those many years making and breaking company goals with Xero behind the scenes.
Score 10 out of 10
Vetted Review
Verified User
Review Source
It is very intuitive and easy to use so minimal training time is needed, and this means that if key staff are off for any reason, the invoices can still go out which is very important to us a as a small business.

Visibility of key issues is very clear so management can login and see things for themselves, rather than having to ask staff for reports. It's great that multiple people across the business can login and see an up to date picture of the finances.
John Cotter | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Reseller
Review Source
It is the cornerstone of our business. We are 100% Xero Accountants. Our clients love it, we love it and I do not foresee a day when we will jump to an alternative. Never say never though!
Matthew Toenjes | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Review Source
We will definitely continue to use and support Xero. It is constantly being improved and upgraded and gets better and better as time goes on. It seems very likely that Xero will be a major player in the small business accounting world for the foreseeable future. It's affordable pricing and ease of use make it an excellent choice for most small businesses and organizations.
Mark Ternent | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source
For what it is, I do and will highly recommend Xero to others and thus I give it 10/10 to reflect that. BUT - it of course does not suit every business or organisation all the time. So, my 10/10 comes with the caveat, that the reader has considered what their business information needs are and whether Xero's simplicity (and integrated products) will be what they need.

I have researched other options to Xero in the last year, but have no intent of moving away from it at this time, or for the foreseeable future. This aspect of my business works well, and I see no advantages in changing it.

We are currently implementing an end-to-end business services automation package, and this will integrate with Xero via a third party integration.
Kris Bowling | TrustRadius Reviewer
Score 5 out of 10
Vetted Review
Verified User
Review Source
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.
Neethu Stephen | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User
Review Source
Simplest answer - it works for us. For our own company, I don't think we are looking for any options other than Xero right now. Everyone in our company uses it - Finance uses it for bookkeeping and follow ups, Sales for quotes through to invoicing customers, we all use it for individual expense claims. So far so good! No reason to change.
Sarang Mandke | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source
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.
Dave Olsen | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Review Source
I don't really have more to add. It is simple, cost-effective, and does what we need it to do. It is rapidly improving to address the drawbacks, such as weak reporting. Besides, converting accounting software is a major project, and I would only do it if there was a compelling reasons.
Score 10 out of 10
Vetted Review
Verified User
Review Source
Renewal really comes down to bottom line. If we saw an increase in attending to the company's accounting needs while increasing profits, then we would renew. So in our first year of using Xero, we saw this because of the ability to critically analyze investments. This helped us make the decision to renew.