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Xero vs Thinkific Comparison

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Overview

Category Leaders

Xero is a cloud-based small business accounting software with tools for managing invoicing, bank reconciliation, inventory,...

Thinkific is an online course platform that allows users to create, market, & sell courses on their own branded websites...

  • 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

Screenshots

Pricing

Starting from
$

13.50

/momonth
  • Free trial available
  • No credit card required
  • Free account
  • Subscription based
Starting from
$

49

/momonth
  • Free trial available
  • No credit card required
  • Free account
  • Subscription based

User reviews

4.3

5

4

3

2

1

1,142

531

179

55

73

  • Value for money
  • Ease of use
  • Features
  • Customer support
92%
would recommend this app

5

4

3

2

1

87

31

7

2

0

  • Value for money
  • Ease of use
  • Features
  • Customer support
94%
would recommend this app

Pros

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.
I love the app and gives me accounting on the go. Helps me track invoices and profits with ease.
Really easy to submit expenses, categorise them and check the progress of you submitted expense - super easy to do all from the app.

Pros

I'm not tech savy so this program fit like a glove. Thank you so much for your committment to helping others by creating an incredibly user friendly and highly functional program.
I appreciate the outstanding product, fair prices, ease of interface and ability to easily build and delivery QUALITY courses. I haven't required customer service (that's a good sign!).
My experience has been fantastic to be honest and I intend to continue using it further.

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

But the uploading can be quite slow and my speed is 160mbps. So, I doubt it's my problem.
I have given them all of the feed back given here but they do not take any action. Waiting at least a day for an answer is totally unacceptable.
There's nothing that stands out as a real negative.
  • Vendor responds to reviews
  • Last review2 days ago
  • Vendor responds to reviews
  • Last review11 days ago

Key features

  • Total features169
  • "What If" Scenarios
  • 401(k) Tracking
  • ACH Payment Processing
  • API
  • Academic/Education
  • Access Controls/Permissions
  • Accounting
  • Accounts Payable
  • Accounts Receivable
  • Accrual Accounting
  • Activity Dashboard
  • Activity Tracking
  • Ad hoc Reporting
  • Affiliate Management
  • Alerts/Notifications
  • Approval Process Control
  • Approval Workflow
  • Assessment Management
  • Asset Accounting
  • Asset Tracking
  • Assignment Management
  • Asynchronous Learning
  • Audio/Video Recording
  • Audit Trail
  • Automated Quoting
  • Automated Scheduling
  • Automatic Backup
  • Automatic Billing
  • Bank Reconciliation
  • Benefits Management
  • Billing & Invoicing
  • Billing Portal
  • Blended Learning
  • Budgeting/Forecasting
  • Built-in Course Authoring
  • CPA Firms
  • Calendar Management
  • Case Management
  • Cash Flow Management
  • Cash Management
  • Cataloging/Categorization
  • Certification & Licensing
  • Charting
  • Check Printing
  • Check Processing
  • Check Writing
  • Class Scheduling
  • Client Management
  • Client Portal
  • Collections Management
  • Compliance Management
  • Consolidation/Roll-Up
  • Construction Breakdowns
  • Contact Database
  • Contact Management
  • Content Management
  • Contingency Billing
  • Contract/License Management
  • Conversion Tracking
  • Corporate/Business
  • Cost Tracking
  • Course Authoring
  • Course Management
  • Course Publishing
  • Course Tracking
  • Credit Card Processing
  • Cross Ledger Posting
  • Currency Conversion
  • Customer Database
  • Customer History
  • Customer Segmentation
  • Customer Statements
  • Customizable Branding
  • Customizable Fields
  • Customizable Forms
  • Customizable Invoices
  • Customizable Reports
  • Customizable Templates
  • Customization
  • Data Import/Export
  • Depreciation 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
  • Email Templates
  • Employee Engagement
  • Employee Profiles
  • Enrollments/Onboarding
  • Expense Claims
  • Expense Management
  • Expense Tracking
  • Fee Calculation & Posting
  • Feedback Management
  • Financial Analysis
  • Financial Management
  • Financial Reporting
  • Fixed Asset Management
  • For CPA Firms
  • For Government
  • Forecasting
  • Fraud Detection
  • Fund Accounting
  • Gamification
  • General Ledger
  • Goal Setting / Tracking
  • Hourly Billing
  • Income & Balance Sheet
  • Instructor-Led Courses
  • Interaction Tracking
  • Interactive Content
  • Interactive Learning
  • Inventory Control
  • Inventory Management
  • Inventory Optimization
  • Inventory Tracking
  • Invoice History
  • Invoice Management
  • Invoice Processing
  • Job Costing
  • Kitting
  • Landing Pages/Web Forms
  • Learner Portal
  • Learning Management
  • Learning Paths/Tracks
  • Match & Merge
  • Media Import
  • Mobile Access
  • Mobile Learning
  • Mobile Payments
  • Monitoring
  • Multi-Channel Management
  • Multi-Company
  • Multi-Country
  • Multi-Currency
  • Multi-Language
  • Multi-State
  • Multiple Format Support
  • Nonprofits
  • Online Forums
  • Online Invoicing
  • Online Payments
  • Order Management
  • Order Processing
  • Order Tracking
  • Overpayment Processing
  • Overrun Reporting
  • PCI Compliance
  • Partial Payments
  • Payment Processing
  • Payroll Management
  • Payroll Reporting
  • Performance Metrics
  • Price / Margin Management
  • Pricing Management
  • Product Configurator
  • Product Identification
  • Profit/Loss Statement
  • Progress Reports
  • Progress Tracking
  • Project Accounting
  • Project Billing
  • Project Management
  • Promotions Management
  • Purchase Order Management
  • Purchasing & Receiving
  • Quizzes
  • Quotes/Estimates
  • Real Time Data
  • Real Time Monitoring
  • Real Time Reporting
  • Receipt Management
  • Receivables Ledger
  • Recurring/Subscription Billing
  • Reimbursement Management
  • Reorder Management
  • Reporting & Statistics
  • Reporting/Analytics
  • Requisition Management
  • Retail Inventory Management
  • Revenue Recognition
  • Sales Reports
  • Sales Tax Management
  • Search/Filter
  • Secure Data Storage
  • Self Service Portal
  • Self-Learning
  • Self-Paced Courses
  • Self-Service Content Curation
  • Shipping Management
  • Single Sign On
  • Social Learning
  • Sourcing Management
  • Spend Management
  • Staff Management
  • Status Tracking
  • Stock Management
  • Supplier Management
  • Survey/Poll Management
  • Surveys & Feedback
  • Synchronous Learning
  • Tax Calculation
  • Tax Compliance
  • Tax Management
  • Template Management
  • Tests/Assessments
  • Third Party Integrations
  • Time & Expense Tracking
  • Time Tracking
  • Transaction History
  • URL Customization
  • Vacation/Leave Tracking
  • Vendor Management
  • Video Conferencing
  • Video Management
  • Video Streaming
  • Video Support
  • W-2 Preparation
  • Wage Garnishment
  • Warehouse Management
  • Widgets
  • eCommerce Management
  • eLearning Companies
  • Total features84
  • "What If" Scenarios
  • 401(k) Tracking
  • ACH Payment Processing
  • API
  • Academic/Education
  • Access Controls/Permissions
  • Accounting
  • Accounts Payable
  • Accounts Receivable
  • Accrual Accounting
  • Activity Dashboard
  • Activity Tracking
  • Ad hoc Reporting
  • Affiliate Management
  • Alerts/Notifications
  • Approval Process Control
  • Approval Workflow
  • Assessment Management
  • Asset Accounting
  • Asset Tracking
  • Assignment Management
  • Asynchronous Learning
  • Audio/Video Recording
  • Audit Trail
  • Automated Quoting
  • Automated Scheduling
  • Automatic Backup
  • Automatic Billing
  • Bank Reconciliation
  • Benefits Management
  • Billing & Invoicing
  • Billing Portal
  • Blended Learning
  • Budgeting/Forecasting
  • Built-in Course Authoring
  • CPA Firms
  • Calendar Management
  • Case Management
  • Cash Flow Management
  • Cash Management
  • Cataloging/Categorization
  • Certification & Licensing
  • Charting
  • Check Printing
  • Check Processing
  • Check Writing
  • Class Scheduling
  • Client Management
  • Client Portal
  • Collections Management
  • Compliance Management
  • Consolidation/Roll-Up
  • Construction Breakdowns
  • Contact Database
  • Contact Management
  • Content Management
  • Contingency Billing
  • Contract/License Management
  • Conversion Tracking
  • Corporate/Business
  • Cost Tracking
  • Course Authoring
  • Course Management
  • Course Publishing
  • Course Tracking
  • Credit Card Processing
  • Cross Ledger Posting
  • Currency Conversion
  • Customer Database
  • Customer History
  • Customer Segmentation
  • Customer Statements
  • Customizable Branding
  • Customizable Fields
  • Customizable Forms
  • Customizable Invoices
  • Customizable Reports
  • Customizable Templates
  • Customization
  • Data Import/Export
  • Depreciation 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
  • Email Templates
  • Employee Engagement
  • Employee Profiles
  • Enrollments/Onboarding
  • Expense Claims
  • Expense Management
  • Expense Tracking
  • Fee Calculation & Posting
  • Feedback Management
  • Financial Analysis
  • Financial Management
  • Financial Reporting
  • Fixed Asset Management
  • For CPA Firms
  • For Government
  • Forecasting
  • Fraud Detection
  • Fund Accounting
  • Gamification
  • General Ledger
  • Goal Setting / Tracking
  • Hourly Billing
  • Income & Balance Sheet
  • Instructor-Led Courses
  • Interaction Tracking
  • Interactive Content
  • Interactive Learning
  • Inventory Control
  • Inventory Management
  • Inventory Optimization
  • Inventory Tracking
  • Invoice History
  • Invoice Management
  • Invoice Processing
  • Job Costing
  • Kitting
  • Landing Pages/Web Forms
  • Learner Portal
  • Learning Management
  • Learning Paths/Tracks
  • Match & Merge
  • Media Import
  • Mobile Access
  • Mobile Learning
  • Mobile Payments
  • Monitoring
  • Multi-Channel Management
  • Multi-Company
  • Multi-Country
  • Multi-Currency
  • Multi-Language
  • Multi-State
  • Multiple Format Support
  • Nonprofits
  • Online Forums
  • Online Invoicing
  • Online Payments
  • Order Management
  • Order Processing
  • Order Tracking
  • Overpayment Processing
  • Overrun Reporting
  • PCI Compliance
  • Partial Payments
  • Payment Processing
  • Payroll Management
  • Payroll Reporting
  • Performance Metrics
  • Price / Margin Management
  • Pricing Management
  • Product Configurator
  • Product Identification
  • Profit/Loss Statement
  • Progress Reports
  • Progress Tracking
  • Project Accounting
  • Project Billing
  • Project Management
  • Promotions Management
  • Purchase Order Management
  • Purchasing & Receiving
  • Quizzes
  • Quotes/Estimates
  • Real Time Data
  • Real Time Monitoring
  • Real Time Reporting
  • Receipt Management
  • Receivables Ledger
  • Recurring/Subscription Billing
  • Reimbursement Management
  • Reorder Management
  • Reporting & Statistics
  • Reporting/Analytics
  • Requisition Management
  • Retail Inventory Management
  • Revenue Recognition
  • Sales Reports
  • Sales Tax Management
  • Search/Filter
  • Secure Data Storage
  • Self Service Portal
  • Self-Learning
  • Self-Paced Courses
  • Self-Service Content Curation
  • Shipping Management
  • Single Sign On
  • Social Learning
  • Sourcing Management
  • Spend Management
  • Staff Management
  • Status Tracking
  • Stock Management
  • Supplier Management
  • Survey/Poll Management
  • Surveys & Feedback
  • Synchronous Learning
  • Tax Calculation
  • Tax Compliance
  • Tax Management
  • Template Management
  • Tests/Assessments
  • Third Party Integrations
  • Time & Expense Tracking
  • Time Tracking
  • Transaction History
  • URL Customization
  • Vacation/Leave Tracking
  • Vendor Management
  • Video Conferencing
  • Video Management
  • Video Streaming
  • Video Support
  • W-2 Preparation
  • Wage Garnishment