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95% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Xero logo
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93% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

PocketSmith logo
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Featured

84% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

MileIQ logo

MileIQ

Expense Management Software

4.2 44 user ratings

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Featured

90% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Quicken Simplifi logo

Quicken Simplifi

Personal Finance Software

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Overview

Description Xero is an award-winning online accounting software for small scale businesses. Xero offers a variety of features to make your business function smoothly and efficiently. The software handles all the accounting transactions effectively. It permits unlimited users to get online at a time and work in collaboration over data which is accessible through a single ledger. Xero also provides Bank Reconciliation services by importing the various transactions from your bank accounts and matching them with your cash-book. Business finances and cash-flow statements are updated on a real-time basis, helping you to keep a track of all your expenses and transactions. Read more PocketSmith is a personal finance software that comprises various useful tools, helping people shape their own financial path. The platform lets users know their transaction history, generate insights over it and suggests the key areas where money can be saved. The software assures absolute freedom to users, enabling them to create their own customised plans that work best for them. PocketSmith is safe and secure and it doesn’t ask users to share their personal information while using it. The highly active customer service team of PocketSmith offers assistance in every possible way, enabling users to take full control of their money. The software categorises, labels and annotates the way users spend their money. It also works with multiple currencies and automatically converts them based on the daily rates. PocketSmith provides a budget calendar to schedule upcoming bills. It also allows users to see their daily bank balances up to 30 years into the future. Read more MileIQ simplifies mileage tracking for deductions and expenses with its automatic, user-friendly, and highly accurate app. Whether a self-employed professional seeking mileage deductions or a large business managing expense reports, MileIQ has the needs. Available on iOS and Android, the app tracks the miles seamlessly while one can stay focused on driving. With a swipe, one can classify trips as personal or business and generate custom reports with a tap. Use tax-compliant mileage rates or set custom rates to match the requirements. MileIQ allows one to set work hours, automatically categorizing business drives for added convenience. Easily name frequent locations to streamline trip classification and reporting. Designed to track every mile for every vehicle, MileIQ makes managing mileage simple, efficient, and stress-free. Read more Simplifi is a finance management app created by Quicken that helps individuals reach their money goals. Users can see, plan, and navigate their finances anywhere and can also customize their finance categories and tags. The app provides useful insights about everyday changes that can help users achieve their financial goal in the future. Individuals can get a consolidated snapshot of their credit cards, investments, recurring bills and subscriptions, and upcoming bills and transactions to understand how it affects their balance. They can also be in control of their spendings and manage their bills using simple graphs and personalized categories. Simplifi analyses the user’s income and bills, and creates a customized spending plan which ensures a consistently positive account balance. It also helps them to set up savings goals for different milestones, track the progress, and understand how to reach those goals. All these features make it possible for individuals to set and achieve homeownership goals, family savings goals, vacation goals, and many others. Read more
Pricing Options
  • Free Trial Available
  • Starts at $29.00.
  • Free Trial Not Available
  • Starts at $9.99. Offers Free-forever plan.
  • Free Trial Available
  • Starts at $6.67. Offers Free-forever plan.
  • Free Trial Not Available
  • Starts at $2.99.
SW Score & Breakdown

95% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

  • Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more
    100%
  • Reviews
    60%
  • Momentum
    60%
  • Popularity
    70%

93% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

  • Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more
    94%
  • Reviews
    60%
  • Momentum
    60%
  • Popularity
    68%

84% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

  • Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more
    81%
  • Reviews
    60%
  • Momentum
    60%
  • Popularity
    68%

90% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

  • Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more
    98%
  • Reviews
    60%
  • Momentum
    60%
  • Popularity
    64%
SaaSworthy Awards # 2 Most Worthy # 6 Fastest Growing # 7 Fastest Growing
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Technical Details

Organization Types Supported
  • Freelancers
  • Large Enterprises
  • Medium Business
  • Small Business
  • Freelancers
  • Large Enterprises
  • Medium Business
  • Small Business
  • Freelancers
  • Large Enterprises
  • Medium Business
  • Small Business
  • Freelancers
  • Large Enterprises
  • Medium Business
  • Small Business
Platforms Supported
  • SaaS/Web/Cloud
  • Mobile - Android
  • Mobile - iOS
  • Installed - Windows
  • Installed - Mac
  • SaaS/Web/Cloud
  • Mobile - Android
  • Mobile - iOS
  • Installed - Windows
  • Installed - Mac
  • SaaS/Web/Cloud
  • Mobile - Android
  • Mobile - iOS
  • Installed - Windows
  • Installed - Mac
  • SaaS/Web/Cloud
  • Mobile - Android
  • Mobile - iOS
  • Installed - Windows
  • Installed - Mac
Modes of Support
  • 24/7 (Live rep)
  • Online
  • 24/7 (Live rep)
  • Online
  • 24/7 (Live rep)
  • Online
  • 24/7 (Live rep)
  • Online
API Support
  • Available
  • Available
  • NA
  • NA

Reviews & Ratings

User Rating
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4.2/5 44 user ratings
Not Available
Rating Distribution
Not Available
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  • Excellent

    56.8%
  • Very Good

    25%
  • Average

    6.8%
  • Poor

    4.5%
  • Terrible

    6.8%
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User Sentiments

    User Friendly Interface, Extensive Integrations, Automated Bank Feeds, Comprehensive Reporting

    Unreliable Bank Feeds, Slow Support Response Times, Limited User Permissions, Lack of Phone Support

    Not Available
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Review Summary

User reviews of Xero are mixed. While many praise its ease of use, seamless integration with other platforms, and robust features for small businesses, they often express frustration with unreliable bank feeds, slow customer support response times, and lack of essential functionalities. Some users find the new invoicing system cumbersome, while others appreciate the help provided by Xero's support team, especially when it comes to technical issues. Overall, Xero is a powerful accounting software for small businesses but has drawbacks in its customer support and recent feature updates.

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User reviews of MileIQ highlight its effectiveness as an automated mileage tracker, particularly for business expenses. Users praise its simplicity, seamless background tracking, and ability to differentiate personal and business miles. However, some users express concerns about the free version's limited trip tracking, occasional GPS inaccuracies, and difficulty manually adding drives. While some find the price reasonable for its benefits, others feel the cost outweighs its shortcomings, particularly in light of similar free products.

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Pros & Cons
  • User-friendly interface and seamless integrations
  • Real-time financial data and robust reporting capabilities
  • Efficient financial management and streamlined business operations
  • Pricing concerns and occasional technical difficulties
  • Limited customization options
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  Read All User Reviews

AI-Generated from the text of User Reviews

Pricing

Pricing Options
  • Free Trial Available
  • Starts at $29.00.
  • Free Trial Not Available
  • Starts at $9.99. Offers Free-forever plan.
  • Free Trial Available
  • Starts at $6.67. Offers Free-forever plan.
  • Free Trial Not Available
  • Starts at $2.99.
Pricing Plans
Monthly Plans Annual Plans

Starter $29.00 $29.00 per month

Standard $46.00 $46.00 per month

Premium $69.00 $69.00 per month

Free Free

Foundation $9.99 $14.95 per month

Flourish $16.66 $24.95 per month

Fortune $26.66 $39.95 per month

Free Free

Unlimited (For Individuals) $7.50 $8.99 per month

Teams Lite $6.67 $8.00 per user / month

Teams $7.50 $9.00 per user / month

Teams Pro $8.33 $10.00 per user / month

Quicken Simplifi $2.99 $2.99 per month

Quicken Business and Personal $3.99 $3.99 per month

 
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Screenshots & Videos

Screenshots Pasted image
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Create bank feeds
+ 2 More
Automatic Tracking
+ 2 More
Accounts screenshot
+ 8 More
Videos Video Thumbnail
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Vendor information

Company Details Located in: Wellington, New Zealand Located in: Dunedin, New Zealand Founded in: 2008 Located in: San Francisco, California Founded in: 2012 Located in: Menlo Park, CA
Contact Details

Not available

https://www.xero.com/

Not available

https://www.pocketsmith.com/

Not available

https://mileiq.com/

Not available

https://www.quicken.com/simplifi/

Social Media Handles

FAQs

What are the key features of Xero?

Xero offers features like online accounting, bank reconciliation, real-time financial data, and collaboration for multiple users.

What are the alternatives to Xero?

Some alternatives to Xero include Zoho Books, Sage Accounting (Sage One), Quickbooks, QuickBooks Online Advanced, and Sage Business Cloud Accounting.

What are the key features of PocketSmith?

PocketSmith offers features like transaction tracking, insights generation, customized financial planning, multi-currency support, and a budget calendar.

What are the alternatives to PocketSmith?

Some alternatives to PocketSmith include PocketGuard, Buxfer, Pockett, Mint, and Simplifi.

How does Xero handle collaboration?

Xero allows multiple users to collaborate online simultaneously, accessing data through a single ledger.

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