Best XERO
March 22, 2021

Best XERO

Krunal Thakkar | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with Xero

We use Xero for our clients. It is used by the accounting department. It almost solves every problem like balance sheet, profit and loss account, and ledger statements.
  • It creates accounting statements automatic.
  • It also gives very good facility for Payroll.
  • We can easily access our bank with the Xero.
  • It is a very helpful accounting tool.

Do you think Xero delivers good value for the price?

Yes

Are you happy with Xero's feature set?

Yes

Did Xero live up to sales and marketing promises?

I wasn't involved with the selection/purchase process

Did implementation of Xero go as expected?

Yes

Would you buy Xero again?

Yes

It is a very useful tool/software especially for bookkeeping where it scales up all the things on one platform related to accounting.
I have been using XERO for the last 2 years. It works very smoothly without any hurdles. We can also pull out any report whether it is standard or customize or we can also create our favorites reports and pull them.
Secondly, it also gives us the facility for Payroll and other taxes too.
Xero is a very good accounting tool for bookkeeping activities where you just have to pass the journal entry and every other thing will be done by XERO. It also gives the facilities to upload the Budget data so it is easy for the client to check actual vs budget.

Xero Feature Ratings

Accounts payable
9
Accounts receivable
9
Cash management
9
Bank reconciliation
8
Expense management
8
Fixed asset management
8
Multi-currency support
Not Rated
Multi-division support
8
Regulations compliance
Not Rated
Electronic tax filing
8
Self-service portal
Not Rated
Global Financial Support
9
Primary and Secondary Ledgers
9
Intercompany Accounting
9
Localizations
9
Journals and Reconciliations
9
Enterprise Accounting
Not Rated
Configurable Accounting
9
Centralized Rules Framework
9
Standardized Processes
9
Inventory tracking
Not Rated
Automatic reordering
Not Rated
Location management
Not Rated
Manufacturing module
Not Rated
Pricing
Not Rated
Order entry
Not Rated
Credit card processing
9
Cost of goods sold
9
Order Orchestration
Not Rated
End-to-end order visibility
Not Rated
Order exception Resolution
Not Rated
Pay calculation
9
Benefit plan administration
9
Salary revision and increment management
Not Rated
Reimbursement management
Not Rated
Dashboards
9
Standard reports
9
Custom reports
9
API for custom integration
9
Plug-ins
Not Rated
Role-based user permissions
9
Single sign-on capability
9