From Xero to Hero
December 21, 2021

From Xero to Hero

Brett Levy | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User
Review Source

Overall Satisfaction with Xero

Our companies books and invoicing are run on Xero. Our accountant uses Xero in her firm too so the integration and remote managing of our accounts are simple and easy. I personally use Xero on both my MacBook and iPhone and all payments are made and recorded in Xero too. It is our full financial suite.
  • Invoice our customers.
  • Capture our expenses.
  • Prepare the Annual financial statements.
  • Cash flow reporting.
  • Price.
  • Setting up of personalised stationery (not the easiest).
  • Mobile version is not the easiest to navigate (but not the worst either).
  • It is a reliable accounting system.
  • So because we can rely on it we can trust it which cuts down checking/auditing time.
  • Working with remote financial team is super easy, even if they are in another country!
Xero had better recommendations and my accountant preferred it even though it wasn't the cheapest, it came out the most recommended. Wave had a free version and a fairly good mobile experience this was our second choice.
There are a couple of User Experience things that I don't like - it may just be me - but I felt that as a non-financial person some of the navigating was a bit tricky.
Hasn't really affected/applied to us I don't think.
I am not sure as this is not something I have had to do so can't really comment. So just set it to 5 as neutral.

Do you think Xero delivers good value for the price?

Not sure

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

HubSpot CRM, Asana, Google Workspace (formerly G Suite)
Xero is a really good product. It is solid and reliable. We have used it in our company for many years and have no reason to change to one of the other platforms. If you have an external financial partner or accountant/bookkeeper it is easy enough to grant access (as well as revoke if need be). I do find the subscription fees expensive compared to some of the other solutions but it does get the job done and done well.

Xero Feature Ratings

Accounts payable
9
Accounts receivable
8
Cash management
10
Bank reconciliation
9
Expense management
10
Time tracking
Not Rated
Fixed asset management
10
Multi-currency support
10
Multi-division support
Not Rated
Regulations compliance
10
Electronic tax filing
10
Self-service portal
Not Rated
Global Financial Support
Not Rated
Primary and Secondary Ledgers
Not Rated
Intercompany Accounting
Not Rated
Localizations
Not Rated
Journals and Reconciliations
9
Enterprise Accounting
Not Rated
Configurable Accounting
Not Rated
Centralized Rules Framework
Not Rated
Standardized Processes
Not Rated
Inventory tracking
10
Automatic reordering
Not Rated
Location management
Not Rated
Manufacturing module
Not Rated
Pricing
Not Rated
Order entry
Not Rated
Credit card processing
10
Cost of goods sold
Not Rated
Order Orchestration
Not Rated
End-to-end order visibility
Not Rated
Order exception Resolution
Not Rated
Pay calculation
Not Rated
Benefit plan administration
Not Rated
Direct deposit files
Not Rated
Salary revision and increment management
Not Rated
Reimbursement management
9
Dashboards
8
Standard reports
9
Custom reports
Not Rated
Not Rated
API for custom integration
Not Rated
Plug-ins
Not Rated
Role-based user permissions
10
Single sign-on capability
10