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Xero Guide – Read our In-Depth Xero Review

Xero Rating: 8.6 / 10

This page contains an independent review of Xero. It is intended for educational purposes only and you are advised to fully investigate Xero beyond the contents of this review to ensure it fits your needs before parting with any money.

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This Xero review has been updated for 2022 by industry experts with years of business experience across multiple industries and disciplines.

Please note that the content in this Xero review is provided on an as is basis and you should always check with the company to make sure you have the latest information.

Xero Ratings

Overall Rating
86%
Ease Of Setup Rating
80%
Ease Of Use Rating
87%
Customer Support Rating
75%

Xero Guide for 2022 – Quick Summary

Xero Telephone Number: None
Xero Email Address:
Xero Address:
Year Founded: 2006
Xero Highlights: Share access to your latest business numbers with your team and your accountant so everyone is up to speed with Xero. From work, home or on the go.
Hedquarters: Wellington, New Zealand
Xero Revenue (USD Millions) $295
Languages Supported English
Xero LinkedIn: https://www.linkedin.com/company/50780/
Xero Employee Count (On LinkedIn): 3,011
Xero Top Features: Reconciliations - Accounting, AR Automation - Accounting, Performance and Reliability - Accounting,
Xero Twitter: @Xero
Xero Twitter Followers: 74,197

Xero Location

Xero Pricing & Costs

Plan Name Price Duration

Our entire Xero Guide covers everything you will need to learn about implementing Xero. Good accounting software can not only help your business to become more efficient and thrive but also provide you a platform that can give you favourable profits. If you want to make profits, you should ensure you are using a good piece of accounting software.

There is no sure-fire way to guarantee profits; thus, you must carefully assess your accounting software before you select it. It is a frequent misconception that all accounting software is exactly the same, but that is not correct. Wrong judgment, in the beginning, can set your business at risk.

Xero is a piece of accounting software which has found its way successfully. Within this review of Xero, we have attempted to collate a number of the vital aspects. This review will allow you to understand whether Xero is a good match for your business or not. We've tried to breakdown all of the qualities and charges for your advantage.

Choosing The Best Accounting Software For You

When deciding whether Xero is the best accounting software for your business there are 5 things to consider and do to make the right choice:

  1. Decide what you need to achieve from using Xero
  2. Does Xero suit your needs as a full Accounting platform?
  3. Fully research the Xero accounting platform and tools. Do the Xero tools and resources align with your business needs?
  4. Decide the budget available to implement a new Accounting solution and do the offerings from Xero offer the features you need within the budget.
  5. Sign up for a account with Xero. Ask for a callback and demo to finally check that the software is right for you.

What is Xero?

Xero is a complete suite of accounting software created by Xero Ltd and is aimed at small to enterprise sized organisations.

Xero Ltd was started in 2006 in Wellington, New Zealand

Share access to your latest business numbers with your team and your accountant so everyone is up to speed with Xero. From work, home or on the go.

Does Xero Offer A Free Trial?

Unfortunately Xero does not offer a free trial.

While creating this Xero review we found that it offers a lot of advanced accounting features with its paid plans. You can learn more about some of the Xero Accounting features further on in this Xero review.

Is Xero A Leading Accounting Solution Available?

Accounting providers range from 1 man bands to giant multinationals; There is a lot out there. But, when it comes to choosing a reputable accounting solution, there are numerous considerations that you must factor in. In order to make sure that Xero is the right accounting solution to your business, take a look at our guide below.

Main Features Of Xero

Xero offers professional accounting features like:

  • Reconciliations - Accounting
  • AR Automation - Accounting
  • Performance and Reliability - Accounting

Xero Review - General Ledger Features & Rating

General Ledger Features Rating
Journal Entries
85%
Tags / Dimensions
82%
Audit Trail
85%

Xero Review - Accounts Receivable Features & Rating

Accounts Receivable Features Rating
Invoice Customization
88%
Collections Automation
84%

Xero Review - Accounts Payable Features & Rating

Accounts Payable Features Rating
Payment Processing
87%
Purchase Orders
87%

Xero Review - Other Functionality Features & Rating

Other Functionality Features Rating
Inventory Tracking / Ordering
79%
Inventory Pricing and Costing
80%
Inventory Reporting
84%
Multi-Entity / Consolidation
80%
Recognition Rules
85%
Reconciliations
91%
Payroll
77%
Time and Expense
79%

Xero Review - Reporting & Analytics Features & Rating

Reporting & Analytics Features Rating
Financial Statements
88%
Custom Reporting
86%
Dashboards
88%

Xero Review - Platform Features & Rating

Platform Features Rating
Customization
77%
Workflow Capability
80%
User, Role, and Access Management
87%
Internationalization
82%
Performance and Reliability
89%
Output Document Generation
88%

Xero Review - Integration Features & Rating

Integration Features Rating
Data Import and Export Tools
83%
Breadth of Partner Applications
83%

Xero Review - Cash Flow Features & Rating

Cash Flow Features Rating

Xero Review - Budgeting & Forecasting Features & Rating

Budgeting & Forecasting Features Rating

Xero Review - Revenue Features & Rating

Revenue Features Rating

Alternatives To Xero

Looking for an alternative to Xero?

Many companies want accounting software to help with business goals. What is difficult is finding out whether or not the software you choose is right for your business. We have compiled a list of other accounting solutions that our reviewers voted best overall compared to Xero. Based on thousands of datapoints, you can see how Xero matches up to their competitors, and find the best fit for your business.

The Top Xero Alternatives Are Listed Below