Xero Inc

Xero

8.6 /10

87 Reviews Write a Review

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What is Xero?

Xero is a global online accounting system for small businesses and their advisors.

Company Details

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Awards & Recognition

Xero won the following awards in the Accounting - Small Business category

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2023 Data Quadrant Gold Medalist

Latest Award, 2023

5 Top Rated Capabilities

4 Top Rated Features

Latest Award, 2023

4 Top Rated Capabilities

3 Top Rated Features

2022

Xero Ratings

Real user data aggregated to summarize the product performance and customer experience.
Download the entire Product Scorecard to access more information on Xero.

84 Likeliness to Recommend

93 Plan to Renew

1
Since last award

83 Satisfaction of Cost Relative to Value

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Emotional Footprint Overview

+86 Net Emotional Footprint

The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.

How much do users love Xero?

3% Negative

5% Neutral

92% Positive

Pros

Reliable
Saves Time
Respectful
Transparent

Feature Ratings

Average 83

Accounts Receivable Invoicing

Expense Management

Reconciliation

Accounts Payable Purchase Orders

Dashboards, Analytics and Reporting

General Ledger Chart of Accounts

Cost Revenue Tracking

Cash Flow Management

Integration APIs

Project Accounting

Budgeting Forecasting

Vendor Capability Ratings

Average 81

Usability and Intuitiveness

Quality of Features

Ease of IT Administration

Ease of Implementation

Business Value Created

Ease of Data Integration

Breadth of Features

Vendor Support

Product Strategy and Rate of Improvement

Ease of Customization

Availability and Quality of Training

Xero Reviews

Dennys C.

Role: Human Resources
Industry: Other
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted Nov 2020

CONTROL IN OUR FINANCES.

Likeliness to Recommend

8 /10

What differentiates Xero from other similar products?

Xero is a powerful financial platform which is wonderful and provides a quality service in terms of financial processes, it offers its users the opportunity and ease of working regardless of their location or operating system, in a very secure way. Xero is professional and offers exceptional features, offers a visually pleasing interface and with total simplicity and ease of use, understandable at first glance. There are many my favorite aspects of this platform since in general everything that it offers me I love with Xero everything is possible.

What is your favorite aspect of this product?

I love Xero and it offers me excellent features, maximum functionality, coverage, safe and gives me the opportunity to obtain a unique experience, it is a very helpful software for me and of great benefit, I love everything about this platform but one of my My favorite aspects are their professionalism and the ease with which everything is developed on the platform, it is absolutely fabulous.

What do you dislike most about this product?

So far there is no aspect that I dislike about Xero since all the time that I have used it, it works perfectly, with total security, ease and coverage. It is a platform that I love and I have nothing bad to limit about it, it is heading in the right direction.

What recommendations would you give to someone considering this product?

I want to recommend this wonderful Xero program to any organization or person in particular who needs to keep an absolute control of their accounts payable, accounts receivable and billing, Expense claims. Keeping complete control of your movements, it is a tool that works efficiently and safely providing infinite tools that are of great help to go to the goal and achieve success, It also has mobile applications such as Xero Touch for IOS and Android devices, Allowing users to work from anywhere and comfortably.

Pros

Helps Innovate
Continually Improving Product
Reliable
Performance Enhancing

Madhu K.

Role: Information Technology
Industry: Technology
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted Sep 2020

My overall experience with Xero

Likeliness to Recommend

9 /10

What differentiates Xero from other similar products?

Xero is the best fit for small businesses that are looking to simplify accounting in the cloud at an affordable price.

What is your favorite aspect of this product?

The best thing about Xero is availability of both SaaS and on-premises programs. Managing cash flows, AP and AR Automation are among the things that I give kudos.

What do you dislike most about this product?

I do not like that Xero needs me to always stay connected to the internet to use it.

What recommendations would you give to someone considering this product?

Tutorials and documentations are available online, i would suggest reading them in case they face issues on customization.

Pros

Friendly Negotiation
Helps Innovate
Continually Improving Product
Reliable

Andrea R.

Role: Finance
Industry: Finance
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted Sep 2020

Accounting made perfect by Xero

Likeliness to Recommend

9 /10

What differentiates Xero from other similar products?

Xero is a great accounting tool for mid sized to global enterprise corporations.

What is your favorite aspect of this product?

I am able to view and manage due bills for payments with Xero. Managing cash flows is another thing that i cannot forget to mention.

What do you dislike most about this product?

Xero however is hectic to customize without IT skills.

What recommendations would you give to someone considering this product?

First read tutorials or request trainings from the vendor.

Pros

Generous Negotitation
Appreciates Incumbent Status
Helps Innovate
Continually Improving Product

Xero

What is Xero?

Company Details

Need Assistance?

Awards & Recognition

2023 Data Quadrant Gold Medalist

Xero Ratings

84 Likeliness to Recommend

93 Plan to Renew

1 Since last award

83 Satisfaction of Cost Relative to Value

Emotional Footprint Overview

+86 Net Emotional Footprint

How much do users love Xero?

Pros

Feature Ratings Average rating of all product features, some of which may not be shown below

Accounts Receivable Invoicing Record of claims for payment for goods or services provided. Usually includes a customer invoicing capability

Expense Management Includes all aspects of expense forms design, completion, submission, limits and compliance, and reporting.

Reconciliation Functionality that ensures that two sets of records (usually the balances of two accounts) are in agreement.

Accounts Payable Purchase Orders Record of debts owing for an organization. Sometimes includes a purchase order capability

Dashboards, Analytics and Reporting Includes historical & real-time dashboard visualizations, detailed & summary reporting, forecasting & easy data extraction for data analysis.

General Ledger Chart of Accounts The general ledger contains the organization’s accounts for recording assets, liabilities, revenue, and expenses.

Cost Revenue Tracking The process of recording, classifying, analyzing, summarizing, and allocating costs associated with a process

Cash Flow Management Includes income and expense tracking, as well as cash flow monitoring.

Integration APIs Ability of the software to interface with legacy and other third party applications.

Project Accounting Ability to track, report and analyse financial results and implications at an individual project level

Budgeting Forecasting Functionality allowing users to create and maintain budgets and develop forecasts, “what-if” scenarios, etc

Vendor Capability Ratings Average rating of all vendor capabilities, some of which may not be shown below

Usability and Intuitiveness End user learning curves cost the organization money. Pay attention to your end users' technical ability to determine how important UX is in your purchase.

Quality of Features Feature quality is just as important as quantity. Use this data to determine if this product will do what you're purchasing it to do, easily, intuitively, reliably, and effectively.

Ease of IT Administration This data indicates whether IT personnel will be able to resolve issues and perform configurations efficiently and effectively.

Ease of Implementation Successfully implementing new software is necessary to realize its full value and promote end user adoption. This data indicates whether or not the product is easy to implement.

Business Value Created Software needs to create value for employees, customers, partners, and, ultimately, shareholders. This data expresses user satisfaction - or lack thereof - with the product's business value.

Ease of Data Integration Use this data to determine whether the product will cause headaches or make data integration easy.

Breadth of Features Users prefer feature rich software that enables them to perform diverse series of tasks. This data expresses user satisfaction with the product's breadth of features.

Vendor Support The importance of vendor support will vary for each organization depending on internal capabilities, but there will always be issues that only the vendor can resolve.

Product Strategy and Rate of Improvement Vendors who don't stay on top of emerging needs and trends won't enable you to meet your business goals. Use this data to separate innovators from imposters.

Ease of Customization Don't get bogged down in a difficult customization; use this data to make sure you can easily achieve the functionality you need for your particular situation.

Availability and Quality of Training Effective and readily available training enables users to get the most out of the software you've chosen. Use this section to make sure your vendor's training programs and materials measure up.

Xero Reviews

Dennys C.

CONTROL IN OUR FINANCES.

Likeliness to Recommend

Pros

Madhu K.

My overall experience with Xero

Likeliness to Recommend

Pros

Andrea R.

Accounting made perfect by Xero

Likeliness to Recommend

Pros

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1
Since last award

Feature Ratings

Accounts Receivable Invoicing

Expense Management

Reconciliation

Accounts Payable Purchase Orders

Dashboards, Analytics and Reporting

General Ledger Chart of Accounts

Cost Revenue Tracking

Cash Flow Management

Integration APIs

Project Accounting

Budgeting Forecasting

Vendor Capability Ratings

Usability and Intuitiveness

Quality of Features

Ease of IT Administration

Ease of Implementation

Business Value Created

Ease of Data Integration

Breadth of Features

Vendor Support

Product Strategy and Rate of Improvement

Ease of Customization

Availability and Quality of Training