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Xero

Tekpon Score
8.9

Xero Reviews

& Product Details

What is Xero?

Xero is a cloud-based accounting platform with tools tailored to the needs of small and medium-sized businesses. Automatic data entry, bank connections, smart bank reconciliation, online billing, and automated financial reporting are among the features available.

The business dashboards provide real-time financial data, and their integration with third-party apps assists businesses in managing their specific requirements. It also provides unlimited logins, making it simple for accountants and team members to collaborate.

Its ecosystem of connected apps and partnerships with banks and financial institutions enable small businesses to manage their finances from within the platform. It is an excellent choice for accounting and bookkeeping practices due to its compliance tools and smart practice management software.

Xero’s benefits include increased efficiency, reduced accounting time, better cash flow visibility, and improved collaboration.

Best For

Accounting software for everyday business.
  • StartUps
  • Freelancers
  • Small Business
  • Medium Business
  • Large Enterprise
  • Non-profit Organization
  • Personal
  • Cloud, SaaS, Web-Based
  • Mobile - Android
  • Mobile - iPhone
  • Mobile - iPad
  • Desktop - Mac
  • Desktop - Windows
  • Desktop - Linux
  • Desktop - Chromebook
  • On-Premise - Windows
  • On-Premise - Linux
  • Company Name

    Xero

  • Located In

    New Zealand

  • Website

    xero.com

Starting from:

$15 /user/month

Pricing Model: Subscription

Pricing Details:

Xero offers three pricing plans: Early at $15/month, Growing at $42/month, and Established at $78. Each plan includes essential accounting features, with more advanced capabilities available in higher tiers. Discounts are available for the first three months, and a 30-day free trial is offered.

  • Account Reconciliation
  • Accounts Payable
  • Accounts Receivable
  • ACH Payment Processing
  • Activity Dashboard
  • Approval Process Control
  • Asset Tracking
  • Audit Trail
  • Billing & Invoicing
  • Budgeting/Forecasting
  • Cash Flow Management
  • Client Management
  • Compliance Management
  • Contact Database
  • Contract/License Management
  • Core Accounting
  • Direct Deposit
  • Electronic Payments
  • ERP
  • Estimating
  • Expense Tracking
  • Financial Management
  • Forecasting
  • Fraud Detection
  • Integration APIs
  • Inventory Tracking
  • Invoice Management
  • Mobile Access
  • Multi-Currency
  • Online Payments
  • Payroll Management
  • Profit/Loss Statement
  • Project Management
  • Purchasing & Receiving
  • Quotes/Estimates
  • Recurring/Subscription Billing
  • Reporting & Statistics
  • Self Service Portal
  • Sales Orders
  • Smart and Automated Systems
  • Scheduling
  • Tax Management
  • Workflow Management
4.3
Global Average Score
Score4.31/5
Reviews35,802
  • User-Friendly Interface

    Many users have praised Xero for its clean, intuitive interface, making it accessible even to those with minimal accounting experience.

     

  • Comprehensive Features

    Xero covers a broad spectrum of accounting needs, from basic functions to more complex tasks like fixed asset management.

  • Cloud-Based

    Being cloud-based allows users to access their financial data securely from anywhere, facilitating remote work.

  • Integration Ecosystem

    Xero’s extensive app marketplace enables businesses to extend functionality by integrating with other tools they use.

  • Customer Support

    Historically, Xero has been commended for its responsive customer support and extensive self-help resources.

  • Cost

    Some users have mentioned that Xero can be expensive, especially for very small businesses or freelancers.

     

  • Complexity in Advanced Features

    While its comprehensive features are an asset, some users find the more advanced functions a bit complex to use.

  • Reporting Limitations

    A few users have noted that while Xero offers a wide range of reports, customization options can be limited.

  • Performance Issues with Large Data Sets

    Users managing a large volume of transactions have occasionally reported slowdowns.

  • Limited Payroll Functionality in Certain Regi

    The payroll feature is highly valued, but its availability and functionality vary by region, which can be a drawback for some users.

Disclaimer

Here at Tekpon's Global Buzz, we blend AI smarts with a human touch to offer a snapshot of user reviews from the web. While we carefully craft these summaries, please remember they reflect diverse user views and experiences, not Tekpon’s own opinions.

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