Why we use Xero in Switzerland and would never switch back from it
January 28, 2020

Why we use Xero in Switzerland and would never switch back from it

Haider Alleg | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with Xero

We used Xero as a go-to platform for our financial activities. It has been well integrated into the various workflows, from the integration with our CRM (HubSpot) to quote (Pandadoc) we always found a way to keep it as a second brain for our business.
  • Invoicing
  • Closing and reports
  • Payroll
  • Localisations for Switzerland
  • Time to market - getting on very quickly with a credible operation.
  • Operability with many tools and software, making it easy to scale and switch.
Interface, price and open platform were our key criteria and Xero smashed the competition on these. It does everything better, but you have to master it and take the time and get some serious professional help to configure it. Yes local solutions like Bexio does a better job being a swiss product but it would take a week to Xero to catch up.
If you are in Switzerland and most likely to expand internationally, Xero is well suited. If you have a small business and focusing on Switzerland, therefore you have to think twice. Switzerland is, by definition, turned to the outside due to its size. So it is a good bet to start with Xero and expand, especially if you are looking to open sister companies in the UK or the US.

Xero Feature Ratings

Accounts payable
9
Accounts receivable
9
Cash management
9
Bank reconciliation
3
Expense management
9
Time tracking
2
Fixed asset management
9
Multi-currency support
9
Multi-division support
9
Regulations compliance
9
Electronic tax filing
2
Self-service portal
8
Global Financial Support
6
Primary and Secondary Ledgers
8
Intercompany Accounting
8
Localizations
1
Journals and Reconciliations
8
Enterprise Accounting
8
Configurable Accounting
8
Centralized Rules Framework
8
Standardized Processes
8
Inventory tracking
8
Automatic reordering
8
Location management
7
Manufacturing module
2
Pricing
8
Order entry
6
Credit card processing
8
Cost of goods sold
7
Order Orchestration
7
End-to-end order visibility
8
Order exception Resolution
8
Pay calculation
9
Benefit plan administration
7
Direct deposit files
5
Salary revision and increment management
6
Reimbursement management
8
Dashboards
8
Standard reports
8
Custom reports
7
API for custom integration
8
Plug-ins
10
Role-based user permissions
9
Single sign-on capability
9