Xero Review - Not for proft organisation
Updated November 11, 2023

Xero Review - Not for proft organisation

Prashant Somaiya | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with Xero

Xero is used as main accounting system across [the] whole organization ; it is cloud based - can be access from any browser and any device; helps in remote log in. user friendly , bank feed and consequently bank reconciliation feature helps a lot.
  • Cloud based - can be accessed from any browser and any device with connection to internet.
  • Bank feed - bank reconciliation
  • Asset register reconciliation
  • Various reports with facility to filter on tracking categories
  • Ability to attach emails and other documents to Journal
  • Integration with other apps
  • Audit trail of transaction
  • Addition to an asset - in current scenario we cannot add an asset ; it has to be created as new separate asset .
  • Increase in tracking category - currently there are only two category
  • Increase in tracking category options - currently there are only 100 options - in one category
  • Audit trail for financial settings - currently Xero does not who has locked the period in financial settings.
  • Sorting feature in assurance dashboard ; currently feature is missing - if we can sort transaction based on date will be great.
  • Phone facility - currently Xero help responds only by an email ; there is not facility where we can talk to real person.
  • Time saved in bank reconciliation due to bank feed
  • Reduced errors
  • Ability to see attachments in journal
  • Audit trail
Audit trail , ability to see attachment , user friendly reports
[Xero is] user friendly
Ease of access - any browser and any device.
Able to integrate with other apps like approval max , web expenses , Ezybills

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?

Yes

Did implementation of Xero go as expected?

Yes

Would you buy Xero again?

Yes

[Xero is well suited] for small enterprise with less than 100 option in tracking category and payroll of less than 200 staff

Xero Feature Ratings

Accounts payable
8
Accounts receivable
8
Cash management
8
Bank reconciliation
10
Expense management
8
Fixed asset management
3
Multi-division support
7
Regulations compliance
8
Electronic tax filing
9
Self-service portal
8
Global Financial Support
8
Primary and Secondary Ledgers
8
Journals and Reconciliations
8
Configurable Accounting
8
Centralized Rules Framework
6
Standardized Processes
8
Credit card processing
9
Cost of goods sold
9
Dashboards
6
Standard reports
8
Custom reports
9
API for custom integration
7
Plug-ins
8
Role-based user permissions
8
Single sign-on capability
8