Founder/CEO
December 12, 2021

Founder/CEO

Vuyile Mthethwa | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source

Overall Satisfaction with Xero

Xero answers business problems by giving small businesses a better, cheaper way to manage their finances. Xero is an online accounting system that handles many businesses' accounting needs and assists with some financial planning as well. We use it to manage the books for Nyambose Corporation.
  • Better management of your Accounting benefits ROI
  • Better management of your Accounting benefits tax matters, which benefit how much you can claim back from tax IRS/SARS, which benefits your bottom line/Profit
  • FreshBooks and QuickBooks Commerce (formerly TradeGecko)
Seamless integration with all accounts, much more user-friendly, I chose Xero because of these 2 factors.
I have [had] a good experience with it [handling] my business's accounting.
Without having to incur the expense of maintaining our own infrastructure, Xero's hosted environment has saved us money on infrastructure costs that we would otherwise be spending on the upkeep of hardware, software, and the time for our IT staff to make those machines run reliably.
Took me less than 30 minutes to connect all relevant information.

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

Scenario 1: Xero is used for a variety of cases based on real-life experiences, including accounting for complex organizations, financial budgeting, invoice automation, and business insights for social enterprises. Scenario 2: A bookkeeper still handling books manually and without infrastructure, this would not work for you.

Xero Feature Ratings

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