How do people live without Xero?
September 14, 2021

How do people live without Xero?

Thomas Harding | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source

Overall Satisfaction with Xero

We use Xero across multiple entities for managing our accounts, invoicing, payroll and paying taxes.

Our accountants then have direct access to our business information and are able to prepare our annual accounts as soon as the tax period has ended.
  • Invoicing.
  • Payroll.
  • Annual accounts.
  • Tax filings.
  • Reporting.
When we reviewed Wave it just didn’t have the features of Xero for payroll and integration with our accounting firm.
Very clean UI that is easy to learn from scratch.
By using Xero from day one we’ve been able to very easily stay on top of all of our annual reports and regular tax filings.
We integrate Stripe for Fred card payments and the automatic reconciliation is amazing.

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

Honestly, I don’t know how people managed before software like Xero came along. It integrates directly with our bank feeds so as long as we keep up to date with our reconciliations, our accounts are always current. Shared access with your accountant makes it very streamlined to prepare any filings. Invoicing is very straightforward and the templates make for a professional front with customers. Here in New Zealand we can also automatically file PAYE which is a huge time and cost saver.

Xero Feature Ratings

Accounts payable
5
Accounts receivable
10
Cash management
7
Bank reconciliation
10
Expense management
7
Time tracking
Not Rated
Fixed asset management
10
Multi-currency support
10
Multi-division support
5
Regulations compliance
10
Electronic tax filing
10
Self-service portal
10
Global Financial Support
Not Rated
Primary and Secondary Ledgers
Not Rated
Intercompany Accounting
5
Localizations
10
Journals and Reconciliations
10
Enterprise Accounting
10
Configurable Accounting
10
Centralized Rules Framework
10
Standardized Processes
10
Inventory tracking
Not Rated
Manufacturing module
Not Rated
Pricing
10
Order entry
10
Credit card processing
10
Cost of goods sold
6
Order Orchestration
Not Rated
End-to-end order visibility
Not Rated
Order exception Resolution
Not Rated
Pay calculation
10
Benefit plan administration
Not Rated
Direct deposit files
Not Rated
Salary revision and increment management
10
Reimbursement management
10
Dashboards
3
Standard reports
10
Custom reports
5
Not Rated
API for custom integration
Not Rated
Plug-ins
Not Rated
Role-based user permissions
10
Single sign-on capability
Not Rated