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Xero Logo Award Winner Product Badge
Xero

Xero

8.6 /10
Category
Xero
8.6 /10

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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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

95 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?

4% Negative
4% Neutral
92% Positive

Pros

  • Reliable
  • Respectful
  • Saves Time
  • Transparent

Feature Ratings

Average 84

Accounts Receivable Invoicing

87

Reconciliation

85

Expense Management

84

Accounts Payable Purchase Orders

83

Dashboards, Analytics and Reporting

83

General Ledger Chart of Accounts

83

Cost Revenue Tracking

82

Cash Flow Management

82

Integration APIs

81

Project Accounting

80

Budgeting Forecasting

80

Vendor Capability Ratings

Average 81

Usability and Intuitiveness

85

Ease of IT Administration

85

Quality of Features

84

Ease of Implementation

84

Business Value Created

82

Ease of Data Integration

82

Breadth of Features

81

Vendor Support

79

Product Strategy and Rate of Improvement

78

Ease of Customization

78

Availability and Quality of Training

78

Xero Reviews

Charles M.

  • Role: Information Technology
  • Industry: Media
  • Involvement: End User of Application
Validated Review
Verified Reviewer

Submitted Sep 2023

Organizes the accounting of our entire company

Likeliness to Recommend

10 /10

What differentiates Xero from other similar products?

In the vast majority of nations, Xero offers live streaming with lenders, so you don't have to worry about missing any financial transactions. Aside from the issues discussed in this review, my reason for upgrading this product is that Xero's usability and the constant updates offered by the company make the software even easier for businesses. So, the software generates brand devotion among consumers.

What is your favorite aspect of this product?

Xero relates admirably to the totality of its add-ons. To illustrate, an add-on called Receipt-Bank, this program automates expense payments by extracting the fundamental information from your payment voucher, then sends it to Xero, where a business professional will approve and charge it to you. With Xero's outstanding mobile app, you have the capacity to keep track of your earnings and payments, no need to sit in front of a computer to do so.

What do you dislike most about this product?

Xero can likewise increase freedom and tools with respect to annual accounts, which would result in more freedom and possibilities for altering common balance sheet layouts, form and presentations. It may take a bit of time for people in the rest of the planet to adapt the output of Xero to the needs of their local government.

What recommendations would you give to someone considering this product?

Across the organization, Xero is used as an accounting and finance tool, i.e. Futurebooks. With Xero, we can keep track of our users' billing account, as well as all the expenses we have made. Xero is increasingly being used to generate future strategies for the company, since the different financial statements that are generated from Xero give a very clear, brief and readable explanation of the financial position of Futurebooks.

Pros

  • Helps Innovate
  • Performance Enhancing
  • Efficient Service
  • Inspires Innovation

Dominik B.

  • Role: Operations
  • Industry: Finance
  • Involvement: Business Leader or Manager
Validated Review
Verified Reviewer

Submitted Aug 2023

very efficient and feature rich

Likeliness to Recommend

10 /10

What differentiates Xero from other similar products?

integration with banks, other software and unique hubdoc software developed by xero that we use every day

What is your favorite aspect of this product?

hubdoc for managing invoices

What do you dislike most about this product?

payroll and holiday management system - needs more features and customisation

What recommendations would you give to someone considering this product?

definitely consider this option but carefully review what payroll options you require

Pros

  • Helps Innovate
  • Reliable
  • Performance Enhancing
  • Enables Productivity

Jogendra Singh R.

  • Role: Finance
  • Industry: Finance
  • Involvement: Business Leader or Manager
Validated Review
Verified Reviewer

Submitted Jul 2023

Simple to use.

Likeliness to Recommend

9 /10

What differentiates Xero from other similar products?

Easy to use and great service.

What is your favorite aspect of this product?

Shortcut keys and useful features.

What do you dislike most about this product?

Nothing such.

What recommendations would you give to someone considering this product?

Small business must try this.

Pros

  • Helps Innovate
  • Continually Improving Product
  • Reliable
  • Enables Productivity

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