Item: Xero
Rating: 10
Author: Verified User

Use Cases and Deployment Scope

I use Xero not only for my accounting and tax purposes but also to link my employee's timesheet from another software Deputy for my accountant to do the payroll. Xero allows business owner[s] such as myself to check on my monthly P & L reports, as well as various different reports to gain a better understanding of my business cash flow and expenses.

Pros and Cons

Integrates with a lot of other different software
Generates excellent reports for business owners to review their business position
Allows users such as accountant/bookkeeper and myself to access the software anytime
Payroll

Quicker response time for support
Cost - most competitors are cheaper

Return on Investment

Time saved on meeting all the tax obligation for my business
Reduced errors and can be corrected easily through revising the reports
Simplified payroll and tax filing

Alternatives Considered

MYOB

Prior [to] using Xero, I had been using MYOB for several year[s] and found MYOB to be quite clunky and not as user-friendly as Xero.

Usability

As listed with all the pros above, I couldn't think of any flaw. It is great accounting software and probably the best on the market at the moment.

Cloud Costs

My accountant and bookkeeper can access Xero anywhere, anytime at their convenient time to do my payroll and my tax obligation such as BAS, Tax Return, Superannuation, Payroll Tax, etc and at the same, I can retreat those reports anytime. The amount of time I had saved since I had started using Xero is definitely worth it despite the premium cost, as it had enabled me to spend the time I had saved on [another] aspect of my business.

Ease of Integration

Xero has enabled me to link up with other software which I use for my business to simplify the task and to make it smoother, easier and effective to run my business at optimum efficiency.

Key Insights

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

Other Software Used

Dext Prepare (with Receipt Bank), Deputy

Likelihood to Recommend

I believe Xero is the market leader when it comes to accounting software, and it has definitely lived up to [its] reputation. Xero has catered for all my business need beyond my expectation and it has simplified so many different aspects as Xero are linked up with so many other software which enables my business to operate more efficiently and effectively. I can access any reports whenever I travel hence it gives me comfort and convenience for me to work and plan better at [the] ease of login into the software without taking folders full of paperwork or searching for reports [on] my laptop. Best thing ever happen for my business.

Xero - Amazing Accounting Software

Overall Satisfaction with Xero