1 vote

Xero Reviews (2024): Pricing, Pros & Cons

A popular cloud-based accounting software, Xero can manage end-to-end accounting processes.

0%
Ease of Use
92%
Features
94%
Value For Money
92%
Customer Support
92%

What is Xero?

Xero is an accounting software that provides a wide range of features, including bookkeeping, payroll, workforce management, and more.

Even with a little knowledge of accounting, one person can use Xero without any difficulty. They have a user-friendly interface that can make things easy for you.

Xero supports streamlined workflows that can automate admin tasks to increase efficiency level.

The software has a centralized working system in which all the tools and data are kept in one place. One of the key strengths of Xero is its collaboration feature which allows multiple users to access it.

Let’s look at the software in detail.

Xero Company Details

Xero is an online accounting software launched in 2006 by Rod Drury and Hamish Edwards in Wellington. Now Xero has 3.7 million subscribers all around the world and it is one of the leading cloud accounting software in New Zealand, Australia, and the United Kingdom. Xero provides a range of features that helps you to streamline your finances.

Company Name: Xero Limited

CEO Name: Sukhinder Singh Cassidy

Year Founded: 2006

Employees: 1001-5000

HQ Location: Willington, New Zealand

Sukhinder Singh Cassidy
Sukhinder Singh Cassidy
CEO @Xero

Xero Screenshots and Media

Pros and Cons of Xero

Pros of Xero

  • Free 30-day trial
  • User-Friendly
  • Reasonable pricing
  • Unlimited Users
  • Automatic Currency conversion

Cons of Xero

  • Involves learning curve
  • Limited telephone support

Xero Features

Easy to Navigate

Using Xero, you can manage all your finances from one place, including invoices, balances, contacts, financial information and more.

Pay Bills

With Xero you can track and pay your bills on time; it provides you with an option to schedule your payments in advance.

Accounting App

You can run your business from anywhere using the Xero app facility, thus, you can remain productive throughout.

Manage Fixed Asset

Using Xero, you will be able to track your fixed asset at one place easily without any hassle.

Accounting Dashboard

Xero provides you with an accounting dashboard where you can keep an eye on your finances daily.

Analytics

Xero provides you with real-time analytics that you can use to track your short-term cash flow, check financial health, etc…

Multicurrency

With Xero, you can pay and get paid in more than 160 currencies using the multicurrency accounting.

Inventory

Xero keeps track of the stock level using Xero’s inventory software.

Reporting

Using Xero you can keep track of your finances with the accurate accounting reports.

Bank Reconciliation

With Xero, you can keep up to date with your account balances and financials up to date.

Xero Pricing

Xero offers simple and transparent pricing plans and you will get a 30-day complete free trail so that you may try the software before you signup for any paid plan.

PlanStarterStandardPremium
Monthly Price$25$40$54
Features
Send invoices and quotesYesYesYes
Send invoices and quotesYesYesYes
Enter billsYesYesYes
Reconcile bank transactionsYesYesYes
Capture bills and receipts with HubdocYesYesYes
Short-term cash flow and business snapshotYesYesYes
Bulk reconcile transactionsNoYesYes
Use multiple currenciesNoNoYes

Xero Price Comparison

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What Kind of Support Does Xero Offer?

Xero has a dedicated support portal where you can find some helpful content to understand more about the platform. The team offers 24X7 support in case you come across any issue.
Email Support
Forum & Ticket
Tutorial Videos & Documentation

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Frequently Asked Questions About Xero (FAQs)

Xero is a cloud-based accounting software that allows businesses to manage all your finances processes, tracking expenses, invoicing, payroll, and more.
No, Xero is not a free software. However, you may try the software completely free to 30 days.
Yes, Xero is a popular accounting software used by many big business and it is completely safe to use.
Yes, you may connect your bank account with Xero to reduce manual tasks.

System Requirements and Supported Platforms

Review Method

At Begindot, we go through each product in detail so that we can prove the most authentic information to our audience. We try the products, go through documentation, do research in user sentiments before adding our final recommendation. 

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