About Xero
Xero is a cloud-based small business accounting software with tools for managing invoicing, bank reconciliation, inventory, purchasing, expenses, bookkeeping and more. Xero is an alternative to QuickBooks. It is a modern, small business accounting software that lives in the cloud. It's accessible from any computer or mobile device, making for a smarter and easier accounting process, with features including cash flow tracking, payment processing, bank reconciliation, expense tracking, inventory management, financial reporting, and more.
The Xero dashboard presents users with a clear and concise overview of their financial situation. It provides small business owners with a greater understanding of their cashflow by highlighting bank balances, outstanding invoices, upcoming bills and expense claims in a visually appealing way. Daily bank and credit card transactions are automatically imported into Xero and matched to their corresponding accounting transaction. Doing bank reconciliation is as easy as confirming the match is corrected and clicking "OK."
Xero integrates with over 1,000 third-party apps commonly used by small businesses including Stripe, PayPal, Capsule, HubSpot, and more in order to streamline workflows and synchronize data such as sales invoices, client data, cashflow reports, payroll data, and more. Data flows directly into the Xero ledger, removing the time and effort required for manual data entry. Every Xero plan comes with unlimited users, so there's no need to pay for extra licenses. Collaborate with colleagues or invite financial advisors to view data remotely and get valuable real-time advice.
Key benefits of Xero
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- Industry: E-Learning
- Company size: 11–50 Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Xero is changing the landscape of cloud accounting
Reviewed on 28/08/2022
My experience with Xero can be described as fulfilling, it has simplified my workflow and saved me...
My experience with Xero can be described as fulfilling, it has simplified my workflow and saved me a lot of time and effort, I no longer spend long hours at the office. This has also impacted positively on my health. I would recommend this software to everyone.
Pros
“It’s so clean to apply, even for non-financial human beings”
My financial institution transactions are robotically connect to Xero so I don’t have to manually input them myself.
I get my Financial statements the first week after the year end
Another charming issue of this software is that it is a great idea if a corporation is unfolded across a couple of places with personnel operating in various locations. The accountants from every location can get admission to the financial data of all branches at any moment irrespective of their vicinity or time.
As a world main provider of online accounting software program, Xero utilizes world-elegance cloud safety. Your data is appropriately saved in the cloud, and guarded from both Cyber criminals and perils like fire or flood.
Cons
The expenses tracking can be formatted to allow multiply currencies to be easily uploaded in batches or real time.
No integrated ‘Debtor Chasing’ function so companies will have to manually follow up on their unpaid invoices.
- Industry: Dairy
- Company size: 201–500 Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 9.0 /10
Xero is a mastermind for all accounting needs.
Reviewed on 26/10/2023
Xero is a so helpful financial management tool that helps us run our cash flow very effectively and...
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.
- Industry: Cosmetics
- Company size: 2–10 Employees
- Used Daily for 1-5 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 4.0 /10
XERO
Reviewed on 27/10/2023
Pros
Xero is a user-friendly accounting software with a robust set of features suitable for small and medium-sized businesses
Cons
Xero software is its complexity and the learning curve
- Industry: Printing
- Company size: 2–10 Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Love It
Reviewed on 31/07/2023
Love it. I have tried the other big one & hated it.
Love it. I have tried the other big one & hated it.
Pros
Easy yo use, things make sense and there's plenty of support via help forums, you tube or customer services.
Cons
Bank feeds stop working & don't work in real time.
Alternatives Considered
Sage 50cloud AccountingReasons for Choosing Xero
Hated it & already used Xero in another business.Switched From
Quickbooks OnlineReasons for Switching to Xero
Was recommended by a friend- Industry: Warehousing
- Company size: Self Employed
- Used Daily for 1+ year
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Saves hours once you put the work in to learn
Reviewed on 27/10/2023
Pros
Xero has been an absolute game-changer for my business, and I can't imagine managing my financial tasks without it. I use it daily, and it has become an indispensable tool that streamlines my financial processes. Furthermore, the seamless integration with Link My Books has made it even more powerful and time-saving.
Cons
You need to put in some work to learn the process which is hard but trust me long term will pay off 100 times over.
Alternatives Considered
Sage Fixed AssetsXero FAQs
Below are some frequently asked questions for Xero.Q. What type of pricing plans does Xero offer?
Xero offers the following pricing plans:
- Starting from: £10.00/month
- Pricing model: Subscription
- Free Trial: Available
Starter: £10/month Standard: £24/month Premium: £30/month
Q. Who are the typical users of Xero?
Xero has the following typical customers:
Self Employed, 2–10, 11–50, 51–200, 201–500, 501–1,000
Q. What languages does Xero support?
Xero supports the following languages:
English
Q. Does Xero support mobile devices?
Xero supports the following devices:
Android (Mobile), iPhone (Mobile), iPad (Mobile)
Q. What other apps does Xero integrate with?
Xero integrates with the following applications:
Accelo, Actionstep, ActiveCollab, Acuity Scheduling, Administrate Training Management, Adobe Commerce, Agile CRM, ApprovalMax, AroFlo, AutoEntry, Batchbook, BigCommerce, BlueFolder, BookingBug, Buildertrend, Capsule, Chargebee, Chargify, Chaser, Checkfront, Checkmybooks, Chrometa, Cin7 Core, Cin7 Omni, ClicData, Clio, CollabSpot, Constant Contact, Copper, Corecon, CreditorWatch Collect, Current RMS, CustomerSure, Cyfe, Datamolino, Deputy, Dext Prepare, Dryrun, EZRentOut, Ecwid, Emburse Tallie, Entryless, Epos Now, Everhour, Expensify, Exsalerate CRM, FUTRLI, Fathom, Fergus, FieldAware, Financial Driver, Fishbowl, Float, Float Cash Flow, FreshBooks, Freshdesk, GeoOp, Google Workspace, Grow, Handshake, Harvest, Hike, Hotelogix, Hubdoc, Ignition, Insightly, InvoiceSherpa, JobAdder, Kickserv, Klipfolio, Lightspeed POS, LivePlan, MRPeasy, Mailchimp, Manu Online, Microsoft 365, Microsoft Power BI, Mindbody, MinuteDock, MyBuys, Nexonia Expenses, Nobly, OnePageCRM, OneSaas, Onsight, Operations Hub, Panalitix, PandaDoc, PayPal, Payment Evolution, Payoneer, Pepperi, Plooto, Podio, ProWorkflow, ProfitSee, Proposify, QuickBooks Time, QuickBooks eCommerce, Quickbooks Online, Quoter, Quotient, Qvinci, Qwilr, RESULTS.com, Re-Leased, Really Simple Systems CRM, Rydoo, Sage 50cloud Accounting, Sage Accounting, SalesSeek, Sapaad, Satago, ServiceM8, Shoeboxed, Shopify, Simple Salon, Simpro, Solve CRM, Spotlight Reporting, Square Point of Sale, Starshipit, Streamtime, Stripe, SugarCRM, Synchroteam, Synergy, Tabology EPOS, Tidy, Time Tracker, TimeCamp, Timely, Tradify, Trigger, Unleashed, Veeqo, Vend, WORKetc, WooCommerce, Workato, WorkflowMax, XEDI Web EDI, XO Cashflow, ZENOTI, Zahara, Zapier, Zendesk Sell, Zoho Analytics, Zoho Books, Zoho CRM, authorize.net, ezyCollect, ezyVet, vWorkApp, webexpenses
Q. What level of support does Xero offer?
Xero offers the following support options:
Email/Help Desk, FAQs/Forum, Knowledge Base, 24/7 (Live rep), Chat
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