Xero Overview
What is Xero?
Xero is a powerful and intuitive cloud-based accounting platform renowned for its strong double-entry accounting foundation and excellent cash flow management tools. It provides a real-time view of financials, making it easy to create and send invoices, track outstanding receivables, and manage accounts payable. A standout feature is its efficient bill management, allowing users to schedule payments, batch process supplier payments, and always know what's due, helping to avoid late fees and maintain good vendor relationships. Xero boasts a vast marketplace of over 1,000 third-party app connections, offering exceptional flexibility to tailor the software to specific business needs.
Who it's for:
Xero is an excellent fit for growing small businesses, startups, and accounting practices that serve them. It appeals to business owners and advisors who value robust accounting capabilities, real-time collaboration features (allowing multiple users including accountants to work simultaneously), and a highly extensible platform through its extensive app ecosystem.
Our verdict:
Our verdict is that Xero is a top-tier cloud accounting solution that successfully balances advanced functionality with usability. Its real-time data, superior cash flow tools, and unparalleled integration network make it a highly adaptable and professional choice for businesses planning for growth and seeking a collaborative accounting environment.
Xero Details
Xero Platforms supported
Cloud, SaaS, Web-Based
Mobile Android
Mobile iPad
Mobile iPhone
Desktop Chromebook
Desktop Linux
Desktop Mac
Desktop Windows
On-Premise Linux
On-Premise Windows
Xero Support options
24/7 Live Rep
Chat
Email Help Desk
FAQ Forum
Knowledgebase
Xero Training options
Documentation
In-Person
Live Online
Videos
Webinars
Xero Related Categories
Xero Typical customers
Freelancers
Small Businesses
Small to Mid size businesses
Mid size businesses
Mid to Large size enterprises
Large enterprises
Very Large enterprises
Xero Pricing
Tiered pricing system
Xero Features
Most valued Xero features by users
Billing Portal
Contact Database
Contingency Billing
Customizable Invoices
Dunning Management
Hourly Billing
Mobile Payments
Multi-Currency
Online Invoicing
Online Payments
Payment Processing
Project Billing
Recurring/Subscription Billing
Tax Calculation
Accounts Receivable
Bank Reconciliation
Billing & Invoicing
CPA Firms
Expense Tracking
Fixed Asset Management
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