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98% 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
Accounting Software

4.2 7,623 user ratings

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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

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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 Sage Accounting software aims at providing information, insight and tools to small and medium businesses around the world which would help them grow their businesses. With its secure cloud and mobile accessibility features, this software brings in more flexibility at affordable prices offering the right value for your business. It gives online support and a live representative is present round the clock to solve any query that may arise. This multi-purpose software assists the business in different sections of accounting from cash sales to bank reconciliation to payroll. The software also ensures safe and secure handling of your accounts. Read more
Pricing Options
  • Free Trial Available
  • Starts at $4.5.
  • Free Trial Available
  • Starts at $10.00.
SW Score & Breakdown

98% 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
    98%
  • Momentum
    69%
  • Popularity
    97%

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
    100%
  • Reviews
    99%
  • Momentum
    68%
  • Popularity
    68%
SaaSworthy Awards # 2 Most Worthy # 6 Fastest Growing # 8 Fastest Growing # 8 Highly Rated

Features

Total Features
16 Features
17 Features
Common Features for All
    Accounts Payable Handling the money owed by a business to its suppliers.
    Accounts Receivable Handling the money the client owes to the company.
    Bank Reconciliation Matching the balances of an entity's accounting records with the corresponding information on a bank statement.
    Billing and Invoicing This feature helps in issuing and handling the invoice and bills.
    CPA Firms Offers collaboration with a professional expert for financial and consulting services.
    Cash Management Collection and management of cash.
    Collections Recovery of cash from a business or individual.
    Expense Tracking Keep a count of your day to day expenses as well as allows you to quickly identify where the expense report is in the approval process.
    Fixed Asset Management Helps in tracking fixed assets for the purposes of financial accounting, preventive maintenance, and theft deterrence.
    General Ledger Maintaining and recording all the accounting related transactions.
    Multi-Currency Enables payment and collection in multiple currencies.
    Payroll Handling the salary payable to the employees
    Project Accounting Creation of financial reports specifically designed to track the financial progress of projects
    Purchasing Acquiring goods or services required for the business at minimal cost
    Revenue Recognition Determining the specific conditions under which revenue is recognized or accounted for
    Spend Management Managing the expenditure of a business in order to build its product or services
    Tax Management Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time
  • + 13 More - Show Less
    • Accounts Payable Handling the money owed by a business to its suppliers.
      Accounts Receivable Handling the money the client owes to the company.
      Bank Reconciliation Matching the balances of an entity's accounting records with the corresponding information on a bank statement.
      Billing and Invoicing This feature helps in issuing and handling the invoice and bills.
      CPA Firms Offers collaboration with a professional expert for financial and consulting services.
      Cash Management Collection and management of cash.
      Collections Recovery of cash from a business or individual.
      Expense Tracking Keep a count of your day to day expenses as well as allows you to quickly identify where the expense report is in the approval process.
      Fixed Asset Management Helps in tracking fixed assets for the purposes of financial accounting, preventive maintenance, and theft deterrence.
      General Ledger Maintaining and recording all the accounting related transactions.
      Multi-Currency Enables payment and collection in multiple currencies.
      Payroll Handling the salary payable to the employees
      Project Accounting Creation of financial reports specifically designed to track the financial progress of projects
      Purchasing Acquiring goods or services required for the business at minimal cost
      Revenue Recognition Determining the specific conditions under which revenue is recognized or accounted for
      Spend Management Managing the expenditure of a business in order to build its product or services
      Tax Management Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time
  • + 14 More - Show Less
  • Technical Details

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

    Reviews & Ratings

    User Rating
    4.2/5 7,623 user ratings
    4.7/5 16,858 user ratings
    Rating Distribution
    • Excellent

      66.1%
    • Very Good

      14%
    • Average

      4.4%
    • Poor

      3.5%
    • Terrible

      12%
    • Excellent

      84.8%
    • Very Good

      8.2%
    • Average

      1.2%
    • Poor

      0.7%
    • Terrible

      5.1%
    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

      Excellent Customer Support, Knowledgeable Support Staff, User Friendly Software, Comprehensive Reporting

      Two Factor Authentication Issues, Software Updates/Upgrade Issues, Bank Feeds Issues, Limited Functionality in Specific Modules

    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.

    Overall, users appreciate the software's user-friendliness, comprehensive features, and strong customer support. However, some users have expressed concerns regarding occasional technical glitches, limited customization options, and the need for improved reporting capabilities. Many users find the software easy to navigate and appreciate the wide range of features that cater to their accounting needs. The responsive customer support team is also frequently praised for their helpfulness and efficiency in resolving issues.

      Read All User Reviews Read All User Reviews

    AI-Generated from the text of User Reviews

    Pricing

    Pricing Options
    • Free Trial Available
    • Starts at $4.5.
    • Free Trial Available
    • Starts at $10.00.
    Pricing Plans
    Monthly Plans Annual Plans

    Early $4.50 $4.50 per month

    Growing $12.60 $12.60 per month

    Established $23.40 $23.40 per month

    Sage Accounting Start $10.00 $10.00 per month

    Sage Accounting $10.00 $10.00 per month

     
    View Detailed Pricing
    View Detailed Pricing

    Screenshots & Videos

    Screenshots Pasted image
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    Not Available
    Videos Video Thumbnail
    + 1 More
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    Vendor information

    Company Details Located in: Wellington, New Zealand Located in: Atlanta, Georgia
    Contact Details

    Not available

    https://www.xero.com/

    +1 866-996-7243

    https://www.sage.com/en-us/accounting-software/

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