Xero

Dashboard enables multiple accounts all in one place

Comments: Over the last 8 years it's been easy to manage my business finances - and that's from someone who doesn't really want to do finance tasks

Pros:

Mobile app enables at a glance view and ease to enter receipts when out

Cons:

Complex reconciliation when currency charges are deducted, sure you can make an adjustment, but it always feels clunky

Alternatives Considered: Sage Accounting

Reasons for Switching to Xero: Accountant recommended it, as it was something they liked working with

Accounts software made simple

Comments: Great and would recommend. My first time using an accounts software and has been like a breeze. Simple to use and cost effective.

Pros:

The API function has been fantastic for managing our office account. The ability to create nominal codes, generate custom invoices and reconcile transactions is so simple.

Cons:

The customisation on reports is not as easy as I would like.

Alternatives Considered: QuickBooks Enterprise

Reasons for Switching to Xero: Recommended by our accountant as the easiest to use and better features

Losing touch with the cusomter.

Comments: It works and accounting isn't the most exciting part of the day. The features and mindless design changes do not justify the constant price increases. Like the huge integration list, they should break up every feature and price by feature rather than base packages.

Pros:

Xero was great when we first signed up. It was a simple small business accounting software.

Cons:

They lost touch with the customers. Developers ruled with poorly thought out features and UI/UX. Tell your early customers how much you are discounting your new customers and then flood the dashboard with price increase notifications. Price goes up and the product gets worse.

Xero review

Comments: Just be aware of the small print. Dont get locked out of your own business software

Pros:

I like the software, it offers just about everything youd need to keep your financials in order and even offers end of year reports for the irs ( very important) and keeps you alerted on your quaterly tax payment schedule, among other thing. You can link your bank and reconcile your spendatures and tuck each transaction into its proper tax-non tax catagory, plus other deductions such as depreciation of your vehicles for tax writeoffs, and many more...

Cons:

.however. the quoted price on the promotion was way far from the price i was charged for this product. Also i missed my payment by two days and all my information, everything i had documented, reconciled, entered, invoices, reports, EVERYTHING was being held for ransome and untouchable till i paid my inflated price. Its was an eye opener. When running a business, be careful what product you choose, for me. I cant be locked out of my accounting software for any length of time when it comes to my business. Just food for thought. I know zoho has been the best alternative app for free even. And it offers the same services xero does for half the price. No gemics

Alternatives Considered: Zoho Invoice

Reasons for Switching to Xero: I did at first but choose zoho instead. I dont need my financial software locking me out of my business account. Zoho doesnt do that. Ever

Xero Review

Comments: Overall it was very good and helped my business

Pros:

Easy to access from any device. The layout is great.

Cons:

Took a while to get used to - a lot to learn

Good value accounting system

Comments: Positive overall experience, it is a good value for the price paid.

Pros:

Easy to use, simple interface that I was able to pick up quickly.

Cons:

Does not appear to be a way to lock a period. Other users have changed revenue from 4 years ago accidentally.

Alternatives Considered: QuickBooks Online

Reasons for Switching to Xero: Better pricing on Xero than Quickbooks and easier install.

My Experience with Xero in a Filled Insight

Pros:

I use Xero on few selected moments mainly through mobile application when on the go. I like that it automates repetitive accounting tasks.

Cons:

Unfortunately, Xero mobile application does not allocate all features available on mobile apps.

Best Accounting Software

Comments: My overall experience with xero has been fantastic. It takes the stress of my workload and its just so seamless. Also my accountant gets all the information from one place so it makes filling out my SA Assessment returns so much easier.

Pros:

As a small business owner who has never used xero before, i like the features it provides. I like how you can connect your bank statements to xero which makes reconciling transactions easier. Its seamless and you dont have to manually go in and pull the transactions across. Also i love how you take a photo of your receipt and input that into xero.

Cons:

Nothing really, I like all features. The only small thing i would say is i wish we didnt have to use the authenticator, but other than that i dont have any cons.

Good in the Asia-Pacific Region

Comments: Great software, good in the asia-pacific region

Pros:

Easy to use, fast to set up, cheap on cost

Cons:

Doesn't have any North American tax integrations

Xero - A quick overview

Comments: Excellent software - we use it for our business and helps reconcile accounts and manage payments to and from multiple accounts.

Pros:

Intuitive accounting software. Easy to add clients/contacts and suppliers and create invoices and reconcile payments.

Cons:

Nothing - it meets our requirements very well.

Xero Accounting Software Review

Comments: Overall, Xero has been excellent at providing an accounting software system for small business clients that is user friendly and has excellent product support.

Pros:

Xero offers excellent support resources and communicates regularly with customers, advising of product updates and features. Using Xero is easy and with the on-screen support Xero Central support feature, help is always at hand.

Cons:

Xero is not scaled for manufacturing clients and lacks stock management capability. Larger clients may be looking for a more scalable solution with stock management and offline access.

Alternatives Considered: MYOB Business, Odoo and QuickBooks Online

Reasons for Switching to Xero: No. I'm an accounting software partner, so the more products I have access to the better.

Easy Accounts

Comments: Easy to gain an understanding of with various help sections, and fully customisable in terms of invoicing and product management.

Pros:

If fully utilised Xero is a very powerful business tool that can encapsulate everything financial - from integrated stock systems and product costing, to sales tracking and customer management.

Cons:

The dashboard can be a little cluttered together - in some instances you need to click through a few hyperlinks to get to where you want to go.

Used for 12 years. This used to be a great product. I feel like it's past the point of no return now.

Comments: Degrading quicker than the US presidency

Pros:

The memory of how good it used to be, and the lessons learned now.

Cons:

New changes are force-fed to customers whilst still in beta or alpha, with no opt-out Prices have gone up repeatedly Features used everyday have been removed The new user interface is bloated and requires more work Keyboard shortcuts/entry have been removed Support don't seem to care and just give canned responses The interface just gets laggier every month

Xero certified

Pros:

Xero is user friendly, easy to navigate things. And they have useful updates quarterly. They make sure they step up their game every now and then.

Cons:

Can't think of any right now cause going back to what I just said, they continuously update the software so it will be useful to their users.

Alternatives Considered: QuickBooks Online

Reasons for Switching to Xero: Xero is user friendly, easy to navigate things. And they have useful updates quarterly. They make sure they step up their game every now and then.

Accounting with Xero is Amazing

Pros:

Xero is the most iconic tool that I have ever used. I like that it offers a wide range of online accounting tools such as AP, AR, GL and payment matching in one place.

Cons:

Whenever I face issues, the vendor technical team is rapid in resolving the bug - currently, there is no daunting aspect.

Xero: AP/AR/GL Automation Program

Comments: Matching payments before sending to vendors has reduced financial errors via early detection of discrepancies.

Pros:

Xero automates over 78% of manual repetitive accounting tasks such as AP,AR and GL which saves time and improve productivity leading to high performance and ROI.

Cons:

The back-up reporting on the previous version wasn’t easy to filter - kudos to the vendor for updating it.

Reliable Tool for Online Accounting

Pros:

Xero for over four years now has been the most vital tool for matching payments, eradicating fraud and handling accounting tasks online.

Cons:

I mainly use the mobile application and it suits all my needs as Senior Partner in Management Consulting industry.

Xero: Fantastic Online Accounts Tool that Merges Well with PayPal

Pros:

Xero allows me to simplify accounting tasks such as billing and invoicing via real-time workflow automation.

Cons:

I have not yet come across the dark side of Xero - it accomplishes all my online accounting needs.

Why I Prefer Xero for AP, AR & GL Automation

Comments: Matching payments with Xero has enabled me to eradicate financial losses when paying vendors.

Pros:

Ever since 2018, Xero has been a remarkable tool for handling complex repetitive accounting tasks such as billing and invoicing.

Cons:

The then drawbacks and bugs which I was experiencing on my iOS mobile app, were rectified when upgraded to version 18.

A versatile accounting tool with low overhead

Comments: I use Xero daily on my job. It is a very flexible tool, especially for startups. You can set up a company in minutes if you know what you are doing. A nice tool overall, up to a mid sized company.

Pros:

Easy to use, company set up is fast, can be used in many different countries, flexible, good for startups in their earliest days. Very flexible chart of accounts allows you to make any kind of setup you like.

Cons:

Regionalization for some countries with complex VAT is not great (Portugal, Serbia). Sometimes it is hard to reconcile invoices with bank statements.

What I Know About Xero

Pros:

Xero for the past three years has been a game changer in AP, AR and GL automation. It integrates with external CRM and ERP tools which advance capabilities.

Cons:

Lack of CRM tools is the only drawback but it integrates with external applications.

Xero: Remarkable Tool for AP and AR Automation GURU

Pros:

I am able to save time by automating accounting tasks with Xero. Paying vendors ahead of time is another great aspect about Xero.

Cons:

Mobile application works perfectly lit but it hangs when it is processing tons of invoices.

J.Lee Views on Xero Based on 3 Yos Usage

Comments: Automating accounts payable and receivable reduce financial losses.

Pros:

Xero mobile application is what I like most since I am able to carry out repetitive accounting tasks such as AP, AR and GL on the go over the internet.

Cons:

I use XERO as QBO alternative and it meets all my needs.

Best for experienced accountants.

Comments: Easy to setup. We never had trouble with Xero. We liked being able to easily customize reports.

Pros:

Easy, simple interface. No multi-layer menus or hard-to-find commands. Easy to find options and customize.

Cons:

The product is meant for more advanced accountants. It doesn't lead you through accounting procedures like QuickBooks. Xero is meant for experienced accountants.

Very simple and intuitive product

Comments: Overall, very pleased with the product and when linked with other 3rd party software like ApproalMax, it makes for a very efficient and robust process.

Pros:

Very simple and intuitive product. I currently use Xero for education. Its biggest strength is how straightforward and easy it is to use and navigate through the various screen.

Cons:

If Xero’s biggest plus point is its simplicity, its downside is also that it is very. Having previously used SAP in the manufacturing environment, Xero doesn’t quite give you the drill down capabilities and cross dimensional analysis. But in my current education setting this isn’t always required.