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Overview

Category Leaders

Xero is an award-winning online accounting software designed for small business owners and accountants, available on any...

Visual, accurate and intuitive cash flow forecasting and management software for use with Xero, QuickBooks Online and FreeAgent....

  • Platforms supported
  • Web-based
  • iPhone app
  • Android app
  • Windows Phone app
  • Typical customers
  • Freelancers
  • Small businesses
  • Mid size businesses
  • Large enterprises
  • Customer support
  • Phone
  • Online
  • Knowledge base
  • Video tutorials
  • Platforms supported
  • Web-based
  • iPhone app
  • Android app
  • Windows Phone app
  • Typical customers
  • Freelancers
  • Small businesses
  • Mid size businesses
  • Large enterprises
  • Customer support
  • Phone
  • Online
  • Knowledge base
  • Video tutorials

Video & Screenshots

No videos yet

Pricing

Starting from

7.50

Per month

  • Free trial available
  • Credit cardless trial
  • Free account
  • Subscription based

Starting from

59

Per month

  • Free trial available
  • Credit cardless trial
  • Free account
  • Subscription based

User reviews

4.4

2.8K

5

4

3

2

1

1.7K

804

226

61

81

  • Value for money
  • Ease of use
  • Features
  • Customer support
93%
would recommend this app

4.8

67

5

4

3

2

1

51

16

0

0

0

  • Value for money
  • Ease of use
  • Features
  • Customer support
100%
would recommend this app

Pros

I have been with Xero for many years. I love the sense of community and i LOVE that I am not being asked to upgrade or upcharge the way some other companies do.
I love the app and gives me accounting on the go. Helps me track invoices and profits with ease.
The ease of use and reputation are by far the greatest part of this product. In addition to this, the range of potential integrations is fantastic.

Pros

Easy & really helpful basis to review and amend bill/invoice dates for cashflows. Scenario planning and comparisons very helpful, and the output from those in charts etc great for presentation.
The integration with Xero was seamless, with lot's of helpful advice on how to get the best out of the cashflow projections.
Overall I have found this software very helpful and also the customer service is really good. I always get a fast response and I love the fact that they are always looking to improve the software.

Cons

There are no delivery notes/packing slips. They tout a "workaround" but be warned, it's exactly 10 extra clicks so it's really not an option if you need this feature.
Our main complaint is that Xero stopped doing payroll in 2018, so now you have to pay an additional fee to a payroll processor such as Gusto.
Changing accounting software from Xero is a horrible experience. They make it very difficult to pivot to other software.

Cons

The only negative so far is the Monthly cost, it is expensive.
Limited additional user controls/ permission limitations.
Its a bit expensive but cheaper than the time needed to calculate manually. Adding new budget items is a little confusing.
  • Vendor responds to reviews
  • Last review4 days ago
  • Vendor responds to reviews
  • Last review2 years ago

Key features

  • Total features172
  • "What If" Scenarios
  • 401(k) Tracking
  • ACH Payment Processing
  • API
  • Access Controls/Permissions
  • Accounting
  • Accounts Payable
  • Accounts Receivable
  • Accrual Accounting
  • Activity Dashboard
  • Activity Tracking
  • Ad hoc Reporting
  • Alerts/Notifications
  • Approval Process Control
  • Approval Workflow
  • Asset Accounting
  • Asset Tracking
  • Audit Trail
  • Automated Quoting
  • Automatic Backup
  • Automatic Billing
  • Bank Reconciliation
  • Benefits Management
  • Billing & Invoicing
  • Billing Portal
  • Budgeting/Forecasting
  • CPA Firms
  • Calendar Management
  • Case Management
  • Cash Flow Management
  • Cash Management
  • Cataloging/Categorization
  • Chart of Accounts
  • Check Printing
  • Check Processing
  • Check Writing
  • Client Management
  • Client Portal
  • Compliance Management
  • Consolidation/Roll-Up
  • Construction Breakdowns
  • Contact Database
  • Contact Management
  • Contingency Billing
  • Contract/License Management
  • Cost Tracking
  • Credit Card Processing
  • Cross Ledger Posting
  • Currency Conversion
  • Customer Database
  • Customer History
  • Customer Statements
  • Customizable Branding
  • Customizable Invoices
  • Customizable Reports
  • Customizable Templates
  • Data Import/Export
  • Data Visualization
  • Delivery Management
  • Direct Deposit
  • Discount Management
  • Document Management
  • Document Storage
  • Document Templates
  • Drag & Drop
  • Due Date Tracking
  • Dunning Management
  • Duplicate Payment Alert
  • Electronic Payments
  • Email Management
  • Expense Claims
  • Expense Management
  • Expense Tracking
  • Fee Calculation & Posting
  • Financial Analysis
  • Financial Management
  • Financial Reporting
  • Fixed Asset Management
  • For AEC Industry
  • For Accountants
  • For CPA Firms
  • For Government
  • For Legal Professionals
  • For Real Estate
  • For Religious Organizations
  • For Schools
  • For Small Businesses
  • Forecasting
  • Fraud Detection
  • Fund Accounting
  • Fund Management
  • General Ledger
  • Hourly Billing
  • Income & Balance Sheet
  • Inventory Control
  • Inventory Management
  • Inventory Optimization
  • Inventory Tracking
  • Invoice Creation
  • Invoice History
  • Invoice Management
  • Invoice Processing
  • Job Costing
  • Kitting
  • Mobile Access
  • Mobile App
  • Mobile Payments
  • Monitoring
  • Multi-Channel Management
  • Multi-Company
  • Multi-Country
  • Multi-Currency
  • Multi-State
  • Nonprofits
  • Online Invoicing
  • Online Payments
  • Order Management
  • Order Tracking
  • Overpayment Processing
  • Partial Payments
  • Payment Collection
  • Payment Processing
  • Performance Metrics
  • Price/Margin Management
  • Pricing Management
  • Pricing and Cost Calculations
  • Product Identification
  • Profit/Loss Statement
  • Progress Tracking
  • Project Accounting
  • Project Billing
  • Project Management
  • Purchase Order Management
  • Quotes/Estimates
  • Real-Time Data
  • Real-Time Reporting
  • Receipt Management
  • Receivables Ledger
  • Recurring Invoicing
  • Recurring/Subscription Billing
  • Reimbursement Management
  • Remote Access/Control
  • Reorder Management
  • Reporting & Statistics
  • Reporting/Analytics
  • Requisition Management
  • Retail Inventory Management
  • Revenue Recognition
  • Sales Reports
  • Sales Tax Management
  • Scenario Planning
  • Search/Filter
  • Self Service Portal
  • Shipping Management
  • Sourcing Management
  • Spend Management
  • Staff Management
  • Status Tracking
  • Strategic Planning
  • Supplier Management
  • Task Management
  • Tax Calculation
  • Tax Management
  • Template Management
  • Third-Party Integrations
  • Time & Expense Tracking
  • Time Tracking
  • Transaction History
  • Transaction Management
  • Trust Accounting
  • Vacation/Leave Tracking
  • Vendor Management
  • W-2 Preparation
  • Wage Garnishment
  • Warehouse Management
  • Total features14
  • "What If" Scenarios
  • 401(k) Tracking
  • ACH Payment Processing
  • API
  • Access Controls/Permissions
  • Accounting
  • Accounts Payable
  • Accounts Receivable
  • Accrual Accounting
  • Activity Dashboard
  • Activity Tracking
  • Ad hoc Reporting
  • Alerts/Notifications
  • Approval Process Control
  • Approval Workflow
  • Asset Accounting
  • Asset Tracking
  • Audit Trail
  • Automated Quoting
  • Automatic Backup
  • Automatic Billing
  • Bank Reconciliation
  • Benefits Management
  • Billing & Invoicing
  • Billing Portal
  • Budgeting/Forecasting
  • CPA Firms
  • Calendar Management
  • Case Management
  • Cash Flow Management
  • Cash Management
  • Cataloging/Categorization
  • Chart of Accounts
  • Check Printing
  • Check Processing
  • Check Writing
  • Client Management
  • Client Portal
  • Compliance Management
  • Consolidation/Roll-Up
  • Construction Breakdowns
  • Contact Database
  • Contact Management
  • Contingency Billing
  • Contract/License Management
  • Cost Tracking
  • Credit Card Processing
  • Cross Ledger Posting
  • Currency Conversion
  • Customer Database
  • Customer History
  • Customer Statements
  • Customizable Branding
  • Customizable Invoices
  • Customizable Reports
  • Customizable Templates
  • Data Import/Export
  • Data Visualization
  • Delivery Management
  • Direct Deposit
  • Discount Management
  • Document Management
  • Document Storage
  • Document Templates
  • Drag & Drop
  • Due Date Tracking
  • Dunning Management
  • Duplicate Payment Alert
  • Electronic Payments
  • Email Management
  • Expense Claims
  • Expense Management
  • Expense Tracking
  • Fee Calculation & Posting
  • Financial Analysis
  • Financial Management
  • Financial Reporting
  • Fixed Asset Management
  • For AEC Industry
  • For Accountants
  • For CPA Firms
  • For Government
  • For Legal Professionals
  • For Real Estate
  • For Religious Organizations
  • For Schools
  • For Small Businesses
  • Forecasting
  • Fraud Detection
  • Fund Accounting
  • Fund Management
  • General Ledger
  • Hourly Billing
  • Income & Balance Sheet
  • Inventory Control
  • Inventory Management
  • Inventory Optimization
  • Inventory Tracking
  • Invoice Creation
  • Invoice History
  • Invoice Management
  • Invoice Processing
  • Job Costing
  • Kitting
  • Mobile Access
  • Mobile App
  • Mobile Payments
  • Monitoring
  • Multi-Channel Management
  • Multi-Company
  • Multi-Country
  • Multi-Currency
  • Multi-State
  • Nonprofits
  • Online Invoicing
  • Online Payments
  • Order Management
  • Order Tracking
  • Overpayment Processing
  • Partial Payments
  • Payment Collection
  • Payment Processing
  • Performance Metrics
  • Price/Margin Management
  • Pricing Management
  • Pricing and Cost Calculations
  • Product Identification
  • Profit/Loss Statement
  • Progress Tracking
  • Project Accounting
  • Project Billing
  • Project Management
  • Purchase Order Management
  • Quotes/Estimates
  • Real-Time Data
  • Real-Time Reporting
  • Receipt Management
  • Receivables Ledger
  • Recurring Invoicing
  • Recurring/Subscription Billing
  • Reimbursement Management
  • Remote Access/Control
  • Reorder Management
  • Reporting & Statistics
  • Reporting/Analytics
  • Requisition Management
  • Retail Inventory Management
  • Revenue Recognition
  • Sales Reports
  • Sales Tax Management
  • Scenario Planning
  • Search/Filter
  • Self Service Portal
  • Shipping Management
  • Sourcing Management
  • Spend Management
  • Staff Management
  • Status Tracking
  • Strategic Planning
  • Supplier Management
  • Task Management
  • Tax Calculation
  • Tax Management
  • Template Management
  • Third-Party Integrations
  • Time & Expense Tracking
  • Time Tracking
  • Transaction History
  • Transaction Management
  • Trust Accounting
  • Vacation/Leave Tracking
  • Vendor Management
  • W-2 Preparation
  • Wage Garnishment
  • Warehouse Management

Integrations

  • Total integrations1552
  • Dynamics 365
  • Dynamics 365 Business Central
  • FreshBooks
  • Gmail
  • HubSpot CRM
  • Microsoft Excel
  • Microsoft Outlook
  • NetSuite
  • PayPal
  • QuickBooks Online
  • QuickBooks Online Advanced
  • Sage Intacct
  • Salesforce Sales Cloud
  • Shopify
  • Slack
  • Stripe
  • WooCommerce
  • Xero
  • Zapier
  • authorize.net
  • Total integrations6
  • Dynamics 365
  • Dynamics 365 Business Central
  • FreshBooks
  • Gmail
  • HubSpot CRM
  • Microsoft Excel
  • Microsoft Outlook
  • NetSuite
  • PayPal
  • QuickBooks Online
  • QuickBooks Online Advanced
  • Sage Intacct
  • Salesforce Sales Cloud
  • Shopify
  • Slack
  • Stripe
  • WooCommerce
  • Xero
  • Zapier
  • authorize.net

User reviews that mention these apps

YF
AvatarImg

Yuni F.

Food Production, 11-50 employees

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

Share this review:

Xero logo

Xero

Most important app for my small businesses

Reviewed a year ago

Overall this app very helpful for my small business, each fitur gives great impact our small company, love zero app

Pros

Accounting dashboard feature and better cash flow control

Cons

has a complicated operating system and requires complicated maintenance.

PT
AvatarImg

Paul T.

Telecommunications, 1-10 employees

Used daily for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

Share this review:

Xero logo

Xero

Makes managing the accounts easy

Reviewed 7 years ago
Pros

Ease of use and simplicity of the product. It is easy to link with online accounts, and then allocate as required. Simple to do reconciliations.

Cons

Needs to have a proper cash flow statement capacity to help understand future recurring transactions

AK
AvatarImg

Adam K.

Used monthly for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

Share this review:

Xero logo

Xero

Mixed - many good features but can be confusing at times

Reviewed 6 years ago
Pros

The reports are useful for tracking cash flow income and expenses over time and make budgeting easier

Cons

Interface can be a bit confusing, especially the mobile app, also setting up rules for reconciling could be more intuitive

AvatarImg
AvatarImg

Lory S.

Used daily for less than 6 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Xero logo

Xero

WOW

Reviewed 7 years ago

Recently changed my 10 years QuickBooks file. Cheaper, easier, awesome!! Was paying a lot of money month for QB that never worked right, took too much time and when my company failed...they left me hanging. Big mistake.... a big one.

Pros

Real-time cash flow. True sync to bank accounts. No more long reconciliations!! Integrates smoothly with everything.

Cons

A couple little kinks with my BI commerce integration but really just takes some tweaking and adjusting.

AR
AvatarImg

Verified reviewer

Computer Software, 1-10 employees

Used daily for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend7/10

Share this review:

Xero logo

Xero

user interface

Reviewed a year ago

overall, it allows me to better manage my accounting and to always have an eye on my cash flow

Pros

the user interface of the product is quite good, the financial report feature has a slightly more understandable overview than other software.

Cons

the price aspect is a bit to be revised downwards to allow a larger community of users to adopt this solution

WH
AvatarImg

Wesley H.

Management Consulting, self-employed

Used daily for less than 6 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Xero logo

Xero

Xero Rocks!

Reviewed 8 years ago

The use of bank rules and cash coding, together with the robust bank feeds will save you tons of time and keep you informed minute by minute of your cash flow!

Pros

The bank feeds, bank rules, and cash coding

Cons

Doesn't seem to have robust built in job costing

AvatarImg
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ana n.

Financial Services, 1-10 employees

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Xero logo

Xero

The perfect accounting solution for my company.

Reviewed 8 months ago

I like it because I can seamlessly sync my inventory management systems, billing platforms, and other software I use in my business, which saves me time and avoids manual errors.

Pros

I like it because it gives me a lot of peace of mind since I can import my bank transactions quickly and easily and keep my accounting records up to date without complications.

Cons

I find myself wishing I had access to certain more advanced features like project tracking or real-time cash flow management.

th
AvatarImg

tamim h.

Animation, self-employed

Used daily for 1-2 years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

Share this review:

Xero logo

Xero

review about Xero

Reviewed 8 days ago

Real-Time Access: Being cloud-based, Xero allows me to access my financial data anytime, anywhere. This flexibility is crucial for making timely decisions and managing my business on the go.

Pros

Comprehensive Reporting: The robust reporting tools provide detailed insights into financial performance, helping businesses make informed decisions and maintain healthy cash flow

Cons

Customer Support Response Times: Some users have reported longer response times for customer support queries, which can be frustrating when dealing with urgent issues.

DH
AvatarImg

David H.

Construction, 1-10 employees

Used daily for 1-2 years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend7/10

Share this review:

Xero logo

Xero

Good product, poorly supported

Reviewed 6 years ago
Pros

Simple to use, many tasks automated. Keeps tracks of invoices, graphs cash flow, live banks feeds allow up to date profit and loss statements.

Cons

Customer support is poor. Emails response only, eight hours ish. During this 2 step authentification process I have been locked out of xero. Cannot process invoices, make payments nor call anyone to for help. My accountant's Xero account manager wont answer the phone, meanwhile Ive been unable to access my accounts for three days. Have no choice but to use another provider and start again.

FR
AvatarImg

Fernando R.

Accounting, 1-10 employees

Used daily for 1-2 years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Xero logo

Xero

Easy to use and powerful

Reviewed 7 years ago

Ready for small business whit complete functionality to connect more popular apps, multicurrency, asset management, and cash flow reporting my favorite tools to my business.

Pros

Intuitive interface and easy data entry

Cons

No API for bank and quote transactions

AR
AvatarImg

Verified reviewer

Marketing and Advertising, 1-10 employees

Used daily for 1-2 years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

Share this review:

Xero logo

Xero

it is the best application of the moment

Reviewed a year ago

generally xero has an easy to use and very practical interface

Pros

For bookkeeping, accounting, payroll, and monitoring our company's cash flow, we utilize Xero.It greatly improved the organization of the bookkeeping and made the job easier

Cons

for beginners who have just started their business the price is a bit expensive

mm
AvatarImg

muzaffar m.

Import and Export, 11-50 employees

Used daily for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

Share this review:

Xero logo

Xero

Xero a small business solution

Reviewed a year ago

Initially it was sold as a 360 degree application and later we understand that it is not. But to make it a complate solution we have to use add on applications that is increasing our cost.Reporting is very complicated and not easy to manage unless CA services are hired. (another expense)For us it a short time solution, as soon we have our business stablished Xero/Dear will be the first thing we will get rid off.

Pros

Good for financial compliance and monitor cash flow and bank tranactions.Can be easily integrated with only a set of applications but not provide open source API.

Cons

The integration is not possible through open source API. have to select from the set of application that are compatible with ZERO.The data synchronisation with integrated application still face some bugs.Due to it not being a 360 degree business solution number of integrated application are requried that actually increases the overall cost of running XERO. in short it has a lot of Hidden Costs.

nh
AvatarImg

noah h.

Accounting, 1-10 employees

Used daily for 1-2 years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend5/10

Share this review:

Xero logo

Xero

excellent application to manage finances

Reviewed 6 years ago

You can manage invoices and payments through spending programs to see cash flow (one of our favorites), as well as create professional invoices and receive automatic updates when viewed.

Pros

The best thing about this application is the easy way to use it and its set of features can help close vital accounting barriers

Cons

Some users believe that the multiple currency function of Xero could be stronger, which could affect companies that operate internationally.

NB
AvatarImg

Nici B.

Marketing and Advertising, self-employed

Used weekly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

Share this review:

Xero logo

Xero

Essential software for your small business

Reviewed 2 years ago

I've found Xero relatively easy to use and very useful in my business to do my invoicing.

Pros

Like the bank reconciliation section, creation and matching. I also like the expense tracking and reimbursement.

Cons

Didn't like that I had to be an adviser to access certain functions (like easy moving of transactions in bulk after processing). I would like improvements on future cash flow management tools.

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Seamus M.

Computer Software, 11-50 employees

Used daily for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Xero logo

Xero

A non accountant that loves Xero

Reviewed 5 years ago
Pros

Xero has made my life so much easier to keep on track of the cash flow within my department. I can create and issue invoices with ease and determine if any are overdue on my desktop and mobile.

Cons

I actually have no dislikes of the software and I have been using it for years.

AvatarImg
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JOSE ALBERTO V.

Banking, 1,001-5,000 employees

Used monthly for less than 6 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

Share this review:

Xero logo

Xero

Great accounting interface

Reviewed 5 years ago

We have used it for 6 months in one of the best modules that contains this application that is cash flow, it is excellent to use it if you must schedule activities outside the office that require estimating travel expenses, it allows you to follow up in real time. the expenses and to make changes if necessary since it is a flexible tool and that you can use with only having connection to internet. This has helped us reduce travel expenses, travel because it gives you the necessary to optimize your finances

Pros

It has a module to take the flow of cash that can be used in real time, it also allows you to estimate the budget of expenses of your activities to keep an effective and accurate control of expenses

Cons

It gives the impression of being an application of easy use and not to keep accounts of great complexity what makes it look like a basic tool

AD
AvatarImg

Andrew D.

Construction, 1-10 employees

Used daily for 1-2 years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Xero logo

Xero

"Beautiful Accounting Software". Enough said.

Reviewed 7 years ago

A complete look at my business from objective point of view. It was excellent for looking at cash flow and seeing where your money comes from and what it goes on. This, on top of all the other features generally used.

Pros

This software is the real deal that has whole package. Truely feel in control of your business with easy to use features from invoicing, reconciling, payroll, leave management, time sheets etc. I love the edition and enabling of third party software. I personally coupled Xero with a specialized job & inventory management system. However Xero does that too, and in a more than capable fasion for most business'. Together with Xero, it really is, Beautiful Business.

Cons

The only negative i had with the system was when coupled with the specific third party software that i had intergrated with Xero, it would double up on client invoices and created a little extra work. I did later findout from the Xero support centre that this was an issue i could resolve in features of Xero

AR
AvatarImg

Verified reviewer

Music, self-employed

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

Share this review:

Xero logo

Xero

Xero means business...

Reviewed 4 years ago

Xero takes care of all of the basics and more. Keep track of cash flow for your business on the go or at home and the office. With 3 different plans that are affordable, you can keep track of the money, anytime, anywhere.

Pros

The best thing to take note with this program is that you can get paid faster than anything else. This program not only offers so many things, but this has online invoicing. Send an invoice, and get an update when the client opens it. Xero is not only viewable on a laptop or desktop, but Xero is available as an application, so you can literally take care of business on the go.

Cons

Even though this is not a full 10 rating, it is one software platform to keep an eye out for. My only complaint with Xero, is that they should add some more features.

EC
AvatarImg

Elliot C.

Accounting, 11-50 employees

Used daily for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Xero logo

Xero

Best choice in the market !!

Reviewed 2 years ago

It has provided a solution for more than 200 of our clients of varying sizes and complexities.

Pros

Xero is first and foremost easy to use and benefits from clever AI functionality. Keeping an eye on the business is much easier via Xero as it shows a snapshot of key data on the dashboard. With the available integrations there are very little limitations to its use and it is well priced for the majority of our clients

Cons

The Payroll module is quite clunky and better options are out there in our opinion. An enhanced cash flow and adding a forecasting element within the software would help. Making it easier to post customer payments on account would also improve an already good product

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Rafi K.

Apparel & Fashion, self-employed

Used monthly for 1-2 years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Xero logo

Xero

#Xero#

Reviewed a year ago
Pros

Extensive Reporting and Analysis: Xero provides a wide range of reporting options and customizable financial reports. Users appreciate the ability to generate insightful reports, such as profit and loss statements, cash flow reports, and balance sheets, which help in analyzing the financial health of their businesses.

Cons

Third-Party Integrations: While Xero supports integration with various third-party applications, users may find limitations in the number or specific integrations available. Certain niche software or industry-specific tools may not have direct integration options with Xero, requiring manual data transfer or alternative solutions.

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Flavio A.

Design, 1-10 employees

Used weekly for 2+ years

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Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

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Xero

Still the best accounting software

Reviewed 5 years ago

Xero is still by far the best online accounting software out there for businesses of all sizes. Freelancers or individual consultants might want to look elsewhere for cheaper options with a more appropriate number of features for their needs.

Pros

Xero allows us to easily have a bird's eye view on our business cash flow and management of income vs expenses. The direct integration / collaboration with our accountant gives us transparency and the ability to generate reports, tax documentation and more. Account reconciliation is nice and easy to use.

Cons

Some of the features are hard to find, the information architecture could be improved. More customization options for the invoice design would be a welcome addition.

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Anderson S.

Government Administration, 501-1,000 employees

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Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

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Xero

Excellent system to integrate all your financial information

Reviewed 5 years ago

It is always an interesting experience to be able to try this type of software that includes tools that integrate the work of an entire department, especially in finance. Xero unquestionably helps improve your productivity and your success in the financial analysis of your company, managing to better manage the human and monetary resources

Pros

It is a Web platform that helps you integrate all your financial and accounting information in one place, the use of the board makes it much easier to use your cash flow tools, invoicing, that is, you can manage the entire administrative process with the use of only one software

Cons

Like many software of this style, its free version is very limited, since it has a 30-day use, it could add some more options to try, otherwise it's excellent

MS
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Matt S.

Nonprofit Organization Management, 1-10 employees

Used monthly for 1-2 years

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Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

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Xero

Great Accounting Software for Not For Profit

Reviewed 7 years ago

I use Xero for my not-for-profit organization. We have a couple of fundraisers and a lot of transactions in short windows. Xero links with my bank, making cash reconciliation a breeze. I like the reports and can run them on a project basis, helping our Board of Directors understand how effective our fundraisers are. I like that it is online so I can use it anywhere. The expense reporting is good as well, though understanding how to allocate expenses to different fundraisers took some time. Fortunately, the help section is very robust. I recommend this for any small business or not-for-profit.

Pros

Xero makes cash reconciliation very easy.

Cons

Fixed assets has been a little bit clunky.

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Courtney S.

Information Technology and Services, 10,001+ employees

Used weekly for 2+ years

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Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

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Xero

It's a lot more fun to do accounting now

Reviewed a year ago

We can now monitor developments and spot patterns with ease. Superannuation contributions can be made straight from Xero, saving time and reducing the risk of missing any important deadlines. In general, Xero makes it easier to handle your financial accounts.

Pros

We maintain track of all of our financial transactions, including payroll and cash flow, with the help of Xero. It greatly improved the bookkeeping's organization and clarity and made the process easier to handle. It takes a lot of the mystery out of keeping books and gives us quick access to vital financial statistics.

Cons

For no apparent reason, bank feeds may lose connection at times. Possibly more visually appealing than mere numerical statistics would be the addition of accompanying graphical charts.

SW
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Susan W.

Dairy, 201-500 employees

Used daily for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

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Xero

Xero is a mastermind for all accounting needs.

Reviewed 7 months ago

Xero is a so helpful financial management tool that helps us run our cash flow very effectively and efficiently. It helps us to have control over how money moves within the organization by tracking the money that gets in and the one that is spent. It helps understand our expenditure and give us clear insights about our financial health.

Pros

Xero has all the features that are needed to have a smooth financial management experience. With it, it's easy to generate accurate financial reports that keep us updated on how money is flowing and is being spent. It also keeps us alert on due payments allowing us to clear all our bills early enough to avoid penalties. It also makes it easy for us to follow up on payments from clients by sending them invoices to remind them of due payments.

Cons

Am happy that so far i have not been able to experience a single aspect about Xero that has not worked for me.

CJ
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Chris J.

Furniture, 1-10 employees

Used weekly for 1-2 years

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Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Float Cash Flow

Better than sliced bread .....

Reviewed 5 years ago

Our relatively new business operation is experiencing exponential growth. Float gives us the ability to plan and tweak cashflow projections instantly and accurately with access to current and historical data seamlessly through the Xero integration.

Pros

Simplicity, functionality, Xero integration.

Cons

The nightmares it gives me over the years I spent trying to maintain cashflow data on cumbersome excel spreadsheets that were already out of date by the time I had updated them :(

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Luke M.

Electrical/Electronic Manufacturing, 1-10 employees

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Float Cash Flow

Simple and easy to use

Reviewed 4 years ago

We can see exactly how we are tracking against out budget to make sure we are making money.

Pros

The timeline feature is all we need with forecasting. Other cashflow forecasting software I have tried looks good and has plenty of information but I have found Float to have the best forecasting.

Cons

I dont think it imports the Xero Budget.

AM
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Alan M.

Investment Management, 1-10 employees

Used weekly for less than 6 months

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Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Float Cash Flow

Great tool for managing your finances

Reviewed 5 years ago

Float provides better visibility of our cash flow, allowing us to take action sooner

Pros

Speed and ease of the integration with Xero; intuitive interface and flexibility of the forecasting.

Cons

A daily automatic re-syncing with Xero would be helpful.

RW
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Russ W.

Food & Beverages, 1-10 employees

Used daily for less than 6 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend7/10

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Float Cash Flow

Float Review

Reviewed 4 years ago
Pros

Visualizing the cashflow of the business and the integration with Xero

Cons

The only negative so far is the Monthly cost, it is expensive

EM
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Emma M.

Accounting, self-employed

Used weekly for less than 6 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Float Cash Flow

Great cash flow forecasting tool!

Reviewed 5 years ago

Having an online c/f which links to Xero has enabled me to have c/f conversations real-time with clients and run multiple scenarios. It has eliminated the need for excel s/s which in turn has made my time more efficient. It has increased client engagement and provided me with more time for data analysis rather than s/s checking and data entry.

Pros

Option of manual link-up to Xero so forecast can reflect Xero updates immediately. Ability to run multiple scenarios so clients can see the impact of making different business choices on the cashflow.

Cons

It would be useful to be able do s/s upload of scenario budgets - can currently only do for the main forecast I think.

PS
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Peter S.

Civil Engineering, 1-10 employees

Used daily for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Float Cash Flow

Excellent Software

Reviewed 4 years ago

As an SME it has allowed us to get on top of our cashflow and is an invaluable tool.

Pros

It is very easy to use and integrates very well with Xero.

Cons

It would be good to allow: - Scenario layers to be used as a base layer for a second scenario that is a variation of the first scenario. - PDF exports from the cash flow and daily breakdown pages that retain the page format.

MC
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Mark C.

Design, 1-10 employees

Used weekly for less than 6 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Float Cash Flow

A real game-changer

Reviewed 4 years ago

This is so vital during this crisis (Covid-19) that I can forecast our business health, and it will be a vital part of our toolkit in future as well

Pros

It seamlessly integrates with Xero to give me all the data at a glance

Cons

There was nothing I didn't like about the software

LP
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Lucien Paul S.

Nonprofit Organization Management, 1-10 employees

Used weekly for less than 6 months

Review source

Overall Rating