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Xero

Paid
accounting

Xero is a leading cloud-based accounting software designed for small businesses and their advisors to manage finances efficiently.

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Online accounting software.

Xero provides a comprehensive suite of online accounting tools including invoicing, bank reconciliation, expense tracking, and payroll. It automates many common accounting tasks, allowing small businesses to gain real-time visibility into their financial health. Its strong emphasis on user-friendly design and extensive integration ecosystem differentiates it from traditional desktop accounting software, promoting collaboration between business owners and their accountants.

Pros

  • Intuitive and user-friendly interface simplifies complex accounting tasks for non-accountants.
  • Extensive marketplace of over 1,000 integrations allows for seamless connectivity with other business tools.
  • Robust bank reconciliation features automate matching transactions, saving significant time.

Cons

  • Can be more expensive than some entry-level accounting software for very small businesses.
  • Payroll functionality can be limited in certain countries, requiring third-party integrations.
  • Reporting can lack the depth and customization options found in enterprise-level software.

Key features

  • Invoicing and quotes
  • Bank reconciliation and feeds
  • Expense management
  • Payroll (in supported regions)
  • Financial reporting

Integrations

StripeShopifyPlaidDear SystemsHubSpotZapier

Target audience

Small to medium-sized businesses (SMBs), freelancers, and their accounting advisors looking for an integrated cloud accounting solution.

Ratings & Reviews

0.0

Based on 0 reviews

Key Metrics

Active Users

3M+

Founded

2006

Headquarters

Wellington, New Zealand

Pricing Tiers

Starter

Essential accounting tools for new businesses, limited invoices/bills.

$15/mo

Standard

Grow your business with unlimited invoices/bills and reconciliation.

$42/mo

Premium

Advanced features including multi-currency and comprehensive analytics.

$78/mo

Frequently Asked Questions

Top Alternatives to Xero

QuickBooks

Popular alternative with overlapping features and a strong user base.

Sage

Well-regarded competitor with similar workflows and integrations.

Wave

Trusted option for teams comparing capabilities and pricing.

Ready to get started?

Join thousands of users and see how Xero can transform your workflow today.

Visit Xero