What Is Xero?

Award-winning online accounting software designed for small business owners and accountants. Available on any computer or mobile device with an internet connection. Business finances and cashflow are updated in real time. Imports transactions from bank accounts. Unlimited user logins. Integrates with over 1,000 3rd-party business applications. Supports multiple currencies. Data is accessible through a single ledger, allowing accountants and clients to collaborate around finances.

Who Uses Xero?

All small and medium sized businesses and accounting & bookkeeping practices.

Where can Xero be deployed?

Cloud, SaaS, Web-based, Android (Mobile), iPhone (Mobile), iPad (Mobile)

About the vendor

  • Xero
  • Founded in 2006
  • 24/7 (Live rep)
  • Chat

Countries available

Australia, Brazil, Canada, China, Germany and 9 others

Languages

English

About the vendor

  • Xero
  • Founded in 2006
  • 24/7 (Live rep)
  • Chat

Countries available

Australia, Brazil, Canada, China, Germany and 9 others

Languages

English

Xero videos and images

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Compare Xero pricing with similar products

$15.00/month
Free Version
Free Trial
N/A
Free Version
Free Trial
US$12.00/month
Free Version
Free Trial

Features of Xero

  • "What If" Scenarios
  • ACH Payment Processing
  • Access Controls/Permissions
  • Accounting Software
  • Accounts Payable Software
  • Accounts Receivable Software
  • Activity Dashboard
  • Alerts/Notifications
  • Approval Process Control
  • Approval Workflow
  • Asset Accounting
  • Automated Quoting
  • Bank Reconciliation
  • Billing & Invoicing
  • Budgeting/Forecasting
  • Calendar Management
  • Case Management Software
  • Cash Management
  • Check Printing
  • Check Processing
  • Check Writing
  • Client Management
  • Client Portal
  • Compliance Management
  • Consolidation/Roll-Up
  • Contact Database
  • Contact Management Software
  • Contract/License Management
  • Core Accounting
  • Cost Tracking
  • Cross Ledger Posting
  • Customer Statements
  • Customizable Branding
  • Customizable Invoices
  • Customizable Reports
  • Data Import/Export
  • Direct Deposit
  • Discount Management
  • Document Management Software
  • Drag & Drop
  • Due Date Tracking
  • Dunning Management
  • Duplicate Payment Alert
  • Electronic Payments
  • Expense Management
  • Expense Tracking
  • Fee Calculation & Posting
  • Financial Analysis
  • Financial Management Software
  • Financial Reporting Software
  • Fixed Asset Management Software
  • For AEC Industry
  • For Accountants
  • For Religious Organizations
  • Forecasting
  • Fund Accounting Software
  • General Ledger
  • Income & Balance Sheet
  • Inventory Control Software
  • Inventory Management Software
  • Inventory Optimization Software
  • Invoice Creation
  • Invoice History
  • Invoice Management
  • Invoice Processing
  • Mobile Access
  • Mobile App
  • Mobile Payments
  • Multi-Currency
  • Online Invoicing
  • Online Payments
  • Order Management Software
  • Overpayment Processing
  • Partial Payments
  • Payment Processing Software
  • Payroll Management
  • Payroll Reporting
  • Price / Margin Management
  • Pricing Management
  • Pricing and Cost Calculations
  • Product Identification
  • Profit/Loss Statement
  • Project Accounting Software
  • Project Management Software
  • Purchase Order Management
  • Quotes/Estimates
  • Real Time Data
  • Real Time Reporting
  • Receipt Management
  • Receivables Ledger
  • Recurring Invoicing
  • Recurring/Subscription Billing
  • Reimbursement Management
  • Reorder Management
  • Reporting/Analytics
  • Requisition Management
  • Search/Filter
  • Self Service Portal
  • Shipping Management
  • Sourcing Management
  • Spend Management Software
  • Status Tracking
  • Supplier Management
  • Task Management Software
  • Tax Calculation
  • Tax Compliance
  • Tax Management Software
  • Template Management
  • Third Party Integrations
  • Time & Expense Tracking
  • Time Tracking Software
  • Transaction History
  • Vendor Management Software
  • W-2 Preparation

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Reviews of Xero

Average score

Overall
4.3
Ease of Use
4.3
Customer Service
3.9
Features
4.2
Value for Money
4.2

Reviews by company size (employees)

  • <50
  • 51-200
  • 201-1,000
  • >1,001
Samuel
Samuel
Financial Analyst in Kenya
Verified LinkedIn User
Financial Services Software, 51-200 Employees
Used the Software for: 2+ years
Reviewer Source

Xero Review

5.0 2 months ago New

Comments: Purchase order management. Budgeting and invoice customization.

Pros:

Xero makes it seamless to carry out accounting procedures through automation.

Cons:

Xero has never disappointed even on a single instance while using it.

Rino
Rino
Partner in South Africa
Verified LinkedIn User
Accounting Software, 201-500 Employees
Used the Software for: 2+ years
Reviewer Source

Alternatives Considered:

Xero - The Cloud Based Software of the future

5.0 2 months ago New

Comments: Fantastic product with fantastic support and really meaningful input from the actual company staff

Pros:

Xero's main benefit to us as a mid tier accounting firm is the ease of importing information. It supports multiple bank feeds on a reliable basis and its open API allows for the support of many add in apps

Cons:

Being a non-technical software, it does sometimes give the impression of not being as robust in terms of ease of change of prior information. This can be overcome by locking down periods, one just has to remember to do this though.

Alison
Accountant in Australia
Accounting Software, Self Employed
Used the Software for: 2+ years
Reviewer Source

Average Accounting Software

3.0 2 weeks ago New

Comments: I like the idea of Xero - being from New Zealand - and it does have a few good features but overall its not the best software out there. I know some people rave about it but to me it is definitely not one I recommend to my clients. If my clients are using it and they are happy then so be it, I will continue to assist them.

Pros:

I do like the BAS return function and the Payroll function. When we've had errors in the year end reporting, it has been easy to look back and find those entries & fix them up.

Cons:

Can be hard to navigate in finding the right reports and retrieving the right information I need from the software. I also find it hard to review SUpplier & Customer Accounts History. I'm used to seeing other softwares having a tab labelled 'Suppliers' / 'Customers' and you can view altogether - I'm just not finding this easy to do in Xero.

Cody
Controller in U.S.
Entertainment, 51-200 Employees
Used the Software for: 2+ years
Reviewer Source

Alternatives Considered:

Easy to Implement and Manage Global Business, Low Customization Options

4.0 3 months ago

Comments: Kanopy has found Xero to serve its needs well, but ultimately we moved on and migrated to NetSuite years later. We still keep Xero though for 1 international subsidiary that we found to be advantageous not to migrate. The mature business with complex operations may not find all needs are met with Xero, especially if the desire is to integrate many other tools/software with the ERP in a bi-directional data flow.

Pros:

Xero serves well as an "out of the box" accounting system, not unlike Quickbooks. It also has more functionality and use internationally, making it a superior choice to QB if your business operates on a global, multicurrency basis. There are some solid automations which can be implemented with Xero as well, and the canned reporting generally suffices for the majority of basic financial needs.

Cons:

Xero lacks the open customization options that software like Netsuite or Dynamics offers. For a small business this will often be fine, but a scaling operation looking to automate many functions based on unique business needs may someday find they have outgrown Xero and need to undergo an (often painful) ERP migration.

Scott
CFO in U.S.
Marketing & Advertising, 2-10 Employees
Used the Software for: 2+ years
Reviewer Source

Alternatives Considered:

Best Account Software for the Money

5.0 2 months ago New

Comments: I would recommend this to all small businesses, best value for the money.

Pros:

Low cost, connections to banks, and credit cards are where it really shines.

Cons:

The reposts need work. More customization, more options. Get down to more details.