Xero Inc

Xero

8.7 /10

100 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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2024 Emotional Footprint Champion

Latest Award, 2024

2023 Data Quadrant Gold Medalist

2023

5 Top Rated Capabilities

4 Top Rated Features

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.

85 Likeliness to Recommend

1
Since last award

95 Plan to Renew

1
Since last award

84 Satisfaction of Cost Relative to Value

1
Since last award

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Emotional Footprint Overview

+87 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

3% Neutral

94% Positive

Pros

Reliable
Saves Time
Respectful
Trustworthy

Feature Ratings

Average 84

Accounts Receivable Invoicing

Accounts Payable Purchase Orders

Expense Management

General Ledger Chart of Accounts

Reconciliation

Dashboards, Analytics and Reporting

Integration APIs

Cost Revenue Tracking

Cash Flow Management

Project Accounting

Budgeting Forecasting

Vendor Capability Ratings

Average 82

Ease of IT Administration

Ease of Implementation

Usability and Intuitiveness

Quality of Features

Ease of Data Integration

Business Value Created

Breadth of Features

Vendor Support

Ease of Customization

Availability and Quality of Training

Product Strategy and Rate of Improvement

Xero Reviews

Role: Vendor Management
Industry: Communications
Involvement: End User of Application

Validated Review

Anonymous Reviewer

Submitted Mar 2022

Good user interface but Pricey

Likeliness to Recommend

6 /10

Pros

Reliable
Enables Productivity
Includes Product Enhancements
Helps Innovate

Cons

Less Generous
Vendor's Interest First
Less Efficient Service

Catherine G.

Role: Industry Specific Role
Industry: Other
Involvement: Business Leader or Manager

Validated Review

Verified Reviewer

Submitted Feb 2022

Ease of use isn't great for numberphobes

Likeliness to Recommend

5 /10

What differentiates Xero from other similar products?

Not as intuitive for those with no sense of numbers or accounting jargon

What is your favorite aspect of this product?

The fact such functionality is available to everyone

What do you dislike most about this product?

Ease of use and intuitivity and lack of plain English for those not from a bookkeeping or accounting background

What recommendations would you give to someone considering this product?

This might not be for you if you're stressed by your accounts

Pros

Reliable
Caring
Respectful
Client's Interest First

Estela R.

Role: Information Technology
Industry: Finance
Involvement: IT Development, Integration, and Administration

Validated Review

Verified Reviewer

Submitted Feb 2022

Xero, the most reliable way for your company

Likeliness to Recommend

9 /10

What differentiates Xero from other similar products?

We have a small company where the whole administrative area had become complicated, because we had not found a good software that was friendly, easy to use and that encompassed everything we needed. With Xero it became much easier for us to keep the accounts payable and receivable, make all administrative reports and payments to banks and suppliers.

What is your favorite aspect of this product?

This program has been very useful for us because it makes us keep in an orderly manner all the invoices and all the accounting area, plus it synchronizes perfectly with the bank accounts. The templates that brings to customize the invoices, is an additional plus that we love.

What do you dislike most about this product?

Their technical support is not easily accessible, so you have to wait to get a response from them. We have had some failures with the bank links, but everything was solved in a couple of attempts.

What recommendations would you give to someone considering this product?

We could say with all certainty, that Xero is the most complete, intuitive and easy to use software that we have used in the company and that has helped us in a great way with all the accounting and administrative area, so we highly recommend it.

Pros

Helps Innovate
Continually Improving Product
Reliable
Performance Enhancing

Xero

What is Xero?

Company Details

Book a Free Demo Today!

Awards & Recognition

2024 Emotional Footprint Champion

2023 Data Quadrant Gold Medalist

Xero Ratings

85 Likeliness to Recommend

1 Since last award

95 Plan to Renew

1 Since last award

84 Satisfaction of Cost Relative to Value

1 Since last award

Emotional Footprint Overview

+87 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

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

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

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

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

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

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

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.

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

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.

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

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.

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.

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.

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.

Xero Reviews

Good user interface but Pricey

Likeliness to Recommend

Pros

Cons

Catherine G.

Ease of use isn't great for numberphobes

Likeliness to Recommend

Pros

Estela R.

Xero, the most reliable way for your company

Likeliness to Recommend

Pros

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1
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Feature Ratings

Accounts Receivable Invoicing

Accounts Payable Purchase Orders

Expense Management

General Ledger Chart of Accounts

Reconciliation

Dashboards, Analytics and Reporting

Integration APIs

Cost Revenue Tracking

Cash Flow Management

Project Accounting

Budgeting Forecasting

Vendor Capability Ratings

Ease of IT Administration

Ease of Implementation

Usability and Intuitiveness

Quality of Features

Ease of Data Integration

Business Value Created

Breadth of Features

Vendor Support

Ease of Customization

Availability and Quality of Training

Product Strategy and Rate of Improvement