17 years helping British businesses
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What is Xero?

Know your numbers with Xero financial reports. Track how specific areas of your business are performing. You decide what to track ¿ it could be departments, regions, rental properties or sales staff. You can use lock dates to close off your accounts at the end of reporting periods such as tax time and the end of financial year. You can export reports as a PDF, or export data to a spreadsheet with the formatting and formulas kept intact.

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 9 others

Languages

English

Xero pricing

Starting Price:

£10.00/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 £10.00/month.

Pricing plans 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 9 others

Languages

English

Xero videos and images

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Features of Xero

  • ACH Payment Processing
  • Access Controls/Permissions
  • Accounting
  • Accounts Payable
  • Accounts Receivable
  • 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
  • Cash Management
  • Check Printing
  • Check Writing
  • Client Management
  • Client Portal
  • Compliance Management
  • Consolidation/Roll-Up
  • Contact Database
  • Contact Management
  • Contract/License Management
  • Cross Ledger Posting
  • Customer Statements
  • Customisable Branding
  • Customisable Invoices
  • Data Import/Export
  • Data Visualisation
  • Delivery Management
  • Direct Deposit
  • Discount Management
  • Document Management
  • Due Date Tracking
  • Dunning Management
  • Duplicate Payment Alert
  • Electronic Payments
  • Expense Management
  • Expense Tracking
  • Fee Calculation & Posting
  • Financial Analysis
  • Financial Management
  • Financial Reporting
  • Fixed Asset Management
  • For Real Estate
  • For Small Businesses
  • Forecasting
  • Fund Accounting
  • General Ledger
  • Income & Balance Sheet
  • Inventory Control
  • Inventory Management
  • Invoice Creation
  • Invoice History
  • Invoice Management
  • Invoice Processing
  • Job Costing
  • Mobile Payments
  • Monitoring
  • Multi-Currency
  • Online Invoicing
  • Online Payments
  • Order Management
  • Order Tracking
  • Payment Collection
  • Payment Processing
  • Payroll Management
  • Payroll Reporting
  • Performance Metrics
  • Pricing Management
  • Profit/Loss Statement
  • Project Accounting
  • Project Management
  • Purchase Order Management
  • Quotes/Estimates
  • Real-Time Data
  • Receipt Management
  • Receivables Ledger
  • Recurring Invoicing
  • Reimbursement Management
  • Reorder Management
  • Reporting & Statistics
  • Reporting/Analytics
  • Revenue Recognition
  • Self Service Portal
  • Shipping Management
  • Sourcing Management
  • Status Tracking
  • Supplier Management
  • Task Management
  • Tax Calculation
  • Tax Compliance
  • Tax Management
  • Third-Party Integrations
  • Time & Expense Tracking
  • Time Tracking
  • Transaction Management
  • Trust Accounting
  • Vendor Management
  • W-2 Preparation
  • Warehouse Management

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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
Harry
Harry
Head of Creative in UK
Verified LinkedIn User
Information Services, 11–50 Employees
Used the Software for: 1+ year
Reviewer Source

A straight-forward system for managing business finances

5.0 3 weeks ago New

Comments: An easy-to-use finance system that meets multiple requirements in a simplistic and user-friendly way.

Pros:

How easy it is to manage expenses in their various statuses - it's transparent with helpful notifications and also easy to upload new recipets and details.

Cons:

Creating a login requires a seperate phone app for verification which is understandable from a security perspective but does slow down the setup process.

Monika
Finance and Support Manager in UK
Construction, 11–50 Employees
Used the Software for: 2+ years
Reviewer Source

Amazing at efficiency

5.0 4 weeks ago New

Comments: Overall I can't imagine using different software. We briefly used Sage for payroll and it was too detailed and clunky, with Xero it was an easy setup and efficient process each time.

Pros:

Simplicity and ease of use. You don't have to be a qualified accountant to be able to use it, but if you are, the whole system is very helpful and you can automate so much!

Cons:

The support takes time to get your ticket answered but when it is, any follow-ups are quick.

Marquerette
Professional Accountant in South Africa
Accounting, Self Employed
Used the Software for: 2+ years
Reviewer Source

Do ot use Xero acciunt if you will need support

2.0 3 weeks ago New

Comments: Fairly satisfactory, I had an issue with updating my payment details but there was an issue and support was useless.

Pros:

REDUCED TIME-RELATED TO DATA CAPTURING and cloud-based - no backup needed or software updates

Cons:

The support is very basic and no real solutions are provided. If you have an issue with Xero - you are on your own!!!!

Alternatives Considered: Sage 300cloud

Reasons for Choosing Xero: Xero is expensive and support in pretty useless

Switched From: Sage Accounting

Reasons for Switching to Xero: I like the option that capturing is easy

Jesse
Managing Director in Australia
Events Services, 2–10 Employees
Used the Software for: 2+ years
Reviewer Source

Xero is a Team Player

5.0 4 months ago

Pros:

Xero has helped us reduce the amount of admin time we used to spend by automating and simplifying some of the most time consuming daily tasks. We love the ability to connect and reconcile our accounts, easily process payroll, sign up new staff and process credit card payments for better cashflow.

Cons:

There's nothing I don't like about Xero. I'm just looking forward to more features and the ability to integrate with more external software in the future, increasing automation wherever possible.

Adeem
Director in UK
Import & Export, 2–10 Employees
Used the Software for: 1+ year
Reviewer Source

Timesaver!

5.0 4 weeks ago New

Comments: Very good, nice and snappy. Paired with Hubdoc it is a fantastic tool.

Pros:

The best thing about Xero, or any decent accounting package, is just how time saving they can be when used properly. As the owner of a growing and busy small business, Xero has taken a massive load off my mind when it comes to invoicing and tracking what we are owed. I wouldn't be without it now.

Cons:

We switched to Xero from Quickbooks and the only thing I miss is that Quickbooks had a feature in the search where you can search individual line items on invoices, very useful to find out what a specific customer was charged.