15 years helping Canadian businesses
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What Is Xero?

Xero is an award-winning online accounting software designed for small business owners and accountants, available on any computer or mobile device with an internet connection. Get your business finances and cash flow updated in real time, import transactions from bank accounts, and integrate with 3rd-party business applications. Xero accounting software allows unlimited user logins and provides access to data through a single ledger, making it easier to collaborate.

Who Uses Xero?

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

Where can Xero be deployed?

Cloud-based
On-premise

About the vendor

  • Xero
  • Founded in 2006

Xero support

  • 24/7 (Live rep)
  • Chat

Countries available

Australia, Canada, Hong Kong SAR China, India, Indonesia and 8 others

Languages

English

Xero pricing

Starting Price:

$15.00/month
  • Yes, has free trial
  • No free version

Xero does not have a free version but does offer a free trial. Xero paid version starts at $15.00/month.

get a free trial

About the vendor

  • Xero
  • Founded in 2006

Xero support

  • 24/7 (Live rep)
  • Chat

Countries available

Australia, Canada, Hong Kong SAR China, India, Indonesia and 8 others

Languages

English

Xero videos and images

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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
  • Audit Trail
  • Automated Quoting
  • Bank Reconciliation
  • Benefits Management
  • Billing & Invoicing
  • Budgeting/Forecasting
  • Calendar Management
  • Case Management Software
  • Cash Management
  • Cataloging/Categorization
  • Check Printing
  • Check Writing
  • Client Management
  • Client Portal
  • Compliance Management
  • Consolidation/Roll-Up
  • Contact Database
  • Contact Management Software
  • Contract/License Management
  • Cross Ledger Posting
  • Customer History
  • Customer Statements
  • Customizable Branding
  • Customizable Invoices
  • Customizable Reports
  • Data Import/Export
  • Data Visualization Software
  • Delivery Management Software
  • Direct Deposit
  • Discount Management
  • Document Management Software
  • Due Date Tracking
  • Dunning Management
  • Duplicate Payment Alert
  • Electronic Payments
  • Expense Claims
  • 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 Legal Professionals
  • For Real Estate
  • For Religious Organizations
  • For Schools
  • For Small Businesses
  • Forecasting
  • Fund Accounting Software
  • Fund Management
  • General Ledger
  • Income & Balance Sheet
  • Inventory Control Software
  • Inventory Management Software
  • Inventory Optimization Software
  • Inventory Tracking
  • Invoice Creation
  • Invoice History
  • Invoice Management
  • Invoice Processing
  • Job Costing Software
  • Mobile Access
  • Mobile App
  • Mobile Payments
  • Monitoring
  • Multi-Channel Management
  • Multi-Currency
  • Online Invoicing
  • Online Payments
  • Order Management Software
  • Order Tracking
  • Payment Collection
  • Payment Processing Software
  • Performance Metrics
  • 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
  • Remote Access/Control
  • Reorder Management
  • Reporting & Statistics
  • Reporting/Analytics
  • Requisition Management
  • Revenue Recognition
  • Search/Filter
  • Self Service Portal
  • Shipping Management
  • Sourcing Management
  • Spend Management Software
  • Status Tracking
  • Supplier Management
  • Task Management Software
  • Tax Calculation
  • Tax Management Software
  • Template Management
  • Third-Party Integrations
  • Time & Expense Tracking
  • Time Tracking Software
  • Transaction Management
  • Trust Accounting Software
  • Vendor Management Software
  • W-2 Preparation
  • Warehouse Management Software

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Reviews of Xero

Average score

Overall
4.4
Ease of Use
4.3
Customer Service
4.0
Features
4.3
Value for Money
4.2

Reviews by company size (employees)

  • <50
  • 51-200
  • 201-1,000
  • >1,001
Rino
Rino
Partner in South Africa
Verified LinkedIn User
Accounting Software, 201–500 Employees
Used the Software for: 2+ years
Reviewer Source

Xero - The Cloud Based Software of the future

5.0 2 years ago

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.

Alternatives Considered: Sage 50cloud Accounting

Reasons for Choosing Xero: The capital development expenditure and size of Xero simply mean that it is outpacing other software in terms of speed of development, effectively future-proofing our practice.

Switched From: Sage 50cloud Accounting

Reasons for Switching to Xero: The main factors were cost and engagement with the Xero South Africa team

Edwina
Owner in New Zealand
Entertainment, 2–10 Employees
Used the Software for: 1+ year
Reviewer Source

Happy user

5.0 last week New

Pros:

The convenience and ease of use and I love how I can make the changes myself.

Cons:

The price is a little high for something I use myself.

Louise
Director in UK
Insurance Software, 2–10 Employees
Used the Software for: 2+ years
Reviewer Source

Xero upgrading from classic is a disaster

1.0 2 months ago New

Comments: Last month has been a nightmare

Pros:

I used to like the Classic

Cons:

Support staff and patronizing responses

Rebekah
Office Manager in UK
Information Technology & Services, 2–10 Employees
Used the Software for: 2+ years
Reviewer Source

Brilliant product

5.0 3 months ago

Comments: Really good, does what it says on the tin (so to speak!), perfect for our use case.

Pros:

Xero is very easy to use, it has a lot of useful features that make it stand out ahead of similar software

Cons:

There isn't much that I don't like, but maybe some more customisation to the interface would be nice, to make things cleared to see when needed or to remove bits I don't want to see.

Alternatives Considered: QuickBooks Online

Reasons for Choosing Xero: Due to local 'making tax digital' regulations in the UK, we had to look at a cloud based solution and Xero came out on top for our use case.

Switched From: Sage Accounting

Reasons for Switching to Xero: Xero was recommended by our accountant, as well as several other people that we deal with.

Nceba
Accountant in South Africa
Staffing & Recruiting, 11–50 Employees
Used the Software for: 2+ years
Reviewer Source

A straightforward and brilliant Accounting and Bookkeeping Tool.

5.0 2 months ago New

Comments: I can easily generate financial reports with Xero.It is simple to create and send invoices with Xero.

Pros:

With Xero, I can easily generate employees payrolls.I can easily execute complex accounting and bookkeeping activities with Xero.It enables me to track and manage expenses.It is simple to pay and track budgets with Xero.

Cons:

Xero simplifies accounting activities hence I lack anything to complain.