Xero
Xero Reviews
& Product DetailsWhat 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.
Found in these Categories
Best For
- 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
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Company Name
Xero
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Located In
New Zealand
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Website
xero.com
Starting from:
$25 /month
Pricing Model: Subscription
- Free Trial
- Free Version
Pricing Details:
Xero offers three pricing plans: Starter, Standard, and Premium. Starter is for solopreneurs and freelancers with limited features and 20 invoices per month. Standard is for small businesses and startups with no invoice limitations and more features. Premium is for established businesses of all sizes with full features. All plans come with a 30-day free trial.
- 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
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User-Friendly Interface
Many users have praised Xero for its clean, intuitive interface, making it accessible even to those with minimal accounting experience.
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Comprehensive Features
Xero covers a broad spectrum of accounting needs, from basic functions to more complex tasks like fixed asset management.
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Cloud-Based
Being cloud-based allows users to access their financial data securely from anywhere, facilitating remote work.
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Integration Ecosystem
Xero’s extensive app marketplace enables businesses to extend functionality by integrating with other tools they use.
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Customer Support
Historically, Xero has been commended for its responsive customer support and extensive self-help resources.
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Cost
Some users have mentioned that Xero can be expensive, especially for very small businesses or freelancers.
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Complexity in Advanced Features
While its comprehensive features are an asset, some users find the more advanced functions a bit complex to use.
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Reporting Limitations
A few users have noted that while Xero offers a wide range of reports, customization options can be limited.
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Performance Issues with Large Data Sets
Users managing a large volume of transactions have occasionally reported slowdowns.
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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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