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Xero Reviews & Product Details - Page 5

Xero Overview

What is Xero?

Xero is a global small business platform designed to help users manage their accounting and financial operations efficiently. With a subscriber base of 4.4 million, Xero offers a comprehensive suite of features that includes core accounting solutions, payroll, workforce management, expense tracking, and project management. This platform is particularly tailored for small businesses, providing them with the tools necessary to streamline their financial processes and enhance overall productivity. Targeted primarily at small business owners and accounting professionals, Xero serves as a versatile solution that addresses various financial management needs. The platform is particularly beneficial for businesses seeking to automate their accounting tasks and improve compliance with financial regulations. Additionally, Xero supports accounting and bookkeeping practices by offering efficient compliance tools and smart practice management software, all within a cloud-based environment that consolidates client information in one accessible location. One of the standout features of Xero is its automatic data entry capability, which significantly reduces the time spent on manual input. By pulling records directly from banks, invoicing applications, point-of-sale systems, e-commerce sites, and receipt scanners, Xero minimizes the potential for human error and enhances data accuracy. The platform also facilitates secure bank connections, allowing business transactions to be automatically imported into the system, thereby eliminating the need for manual data entry altogether. Xero's smart bank reconciliation feature further simplifies financial management by learning how users categorize their expenditures and offering suggestions for classification. This functionality transforms the often tedious bank reconciliation process into a straightforward click-to-confirm operation. Additionally, Xero provides online billing capabilities, enabling users to send invoices and offer multiple payment options, including credit/debit cards and direct debit. Automatic payment reminders for overdue invoices help businesses maintain cash flow and reduce late payments. The platform also excels in automated financial reporting, allowing users to generate balance sheets and financial statements with ease. In certain regions, tax returns can even be pre-populated, streamlining the tax filing process. Xero's business dashboards present vital financial statistics in real-time, giving users a clear overview of their financial health, including money in, money out, money due, and money owed. Furthermore, Xero's extensive ecosystem of integrations with third-party applications enables businesses to customize their experience, addressing unique industry challenges in areas such as inventory management, cash flow, project management, and customer relationship management. This adaptability makes Xero a valuable tool for small businesses aiming to optimize their financial operations.

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Product Description

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.

How do you position yourself against your competitors?

Many of our competitors are legacy desktop software providers that moved over to the cloud as an after-thought. Xero has been built ground-up for the cloud to meet the increasing needs of the real-time business world.

Each Xero subscription comes with unlimited logins. Other software providers cap the number of logins per subscription. This thinking is leftover from the desktop era when software had to be licensed for multiple computers. A major advantage of the cloud is that it’s easy to access and facilitate collaboration between different people and teams – like a small business owner and their accountant. Requiring a business to pay for extra users doesn’t promote collaboration, it actually hinders it.

Xero’s integration partnership also sets us apart. We integrate with 800+ third-party software providers, including Square, Constant Contact and ADP. You can build a best-in-breed business solution that is completely automated, with Xero at the center.


Seller

Xero

Description

Xero is a cloud-based accounting software platform for small businesses with over 3.5 million subscribers globally. Through Xero, small business owners and their advisors have access to real-time financial data any time, anywhere and on any device. Xero offers an ecosystem of over 1,000 third-party apps and 300 plus connections to banks and other financial partners. In 2020 and 2021, Xero was included in the Bloomberg Gender-Equality Index and in 2020, Xero was recognised by IDC MarketScape as a leader in its worldwide SaaS and cloud-enabled small business finance and accounting applications vendor assessment.

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Recent Xero Reviews

Aizhan Z.
AZ
Aizhan Z.Small-Business (50 or fewer emp.)
5.0 out of 5
"Game-Changer for Small Business Accounting"
Xero has been an absolute game-changer for our business. The interface is clean, intuitive, and user-friendly, even for those without a strong acco...
Jatinder k.
JK
Jatinder k.Small-Business (50 or fewer emp.)
5.0 out of 5
"10 Years with xero (simple and easy to use)"
The most liked part about Xero is it is very simple and easy to use, sometime I ask my wife to post invoices with csv or post bills with hubdoc eve...
Maha S.
MS
Maha S.Small-Business (50 or fewer emp.)
5.0 out of 5
"Very user friendly platform"
Its very easy to understand for beginners and has a diverse range of functions for all types of users to access.

Xero Pricing

Exclusive savings on Xero through G2 Deals

Xero also has an extensive ecosystem of connected apps and connections to banks and other financial institutions helping small businesses access a range of solutions from within Xero’s open platform. Get 75% off for six months when you sign up now!

How to claim this offer

Claim your offer by completing sign up through to purchase directly through our landing page. This offer is only available to organisations new to Xero.

Deals
75% off

Xero Media

Xero Demo - invoice-with-cc.png
Xero invoice with credit card
Xero Demo - Business-Performance-Dashboard.jpg
Business performance dashboard
Xero Demo - Projects---Task-&-Expenses-(prof.-services).png
Xero Projects Task and Expenses
Xero Demo - Dashboard-mobile IOS.png
Xero's mobile IOS sales dashboard
Xero Demo - Desktop--to-review.png
Expenses desktop - to review
Xero Demo - Screen-Shot-2019-05-22-at-3.39.09-PM.png
Reporting - chart of accounts
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741 Xero Reviews

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741 Xero Reviews
4.3 out of 5
741 Xero Reviews
4.3 out of 5

Xero Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons
G2 reviews are authentic and verified.
Verified User in Accounting
UA
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Xero?

Xero is so intuitive and not only is great for accounting buinesses, but also easy to use by anybody running a business. The app market place has a huge variety of apps depending on what you need for your industry and they are easy to integrate with. Review collected by and hosted on G2.com.

What do you dislike about Xero?

Nothing off the top of my head springs to ming Review collected by and hosted on G2.com.

What problems is Xero solving and how is that benefiting you?

Xero solves all your bookkeeping problems and helps to make processes as effeicient as posisble. The fixed asset module is great and posts monthly depreciation seamlessly. VAT returns are a doddle and it's easy to adjust the boxes if needed. We use this across our practice and is the number acocunts software we recommend to clients. Easy to callborate with other accountants and clients. Review collected by and hosted on G2.com.

Verified User in Marketing and Advertising
UM
Small-Business(50 or fewer emp.)
Validated Reviewer
Review source: Organic
What do you like best about Xero?

It does it all, profit and loss, VAT returns, bookkeeping etc. Review collected by and hosted on G2.com.

What do you dislike about Xero?

Slightly idiosyncratic menu system but it's just part of the learning curve. Review collected by and hosted on G2.com.

What problems is Xero solving and how is that benefiting you?

Well the digital VAT return is useful (and now mandatory) and automatic income and expenses sorting directly from a bank feed is a huge time saver. Review collected by and hosted on G2.com.

MB
Senior Technician
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Organic Review from User Profile
What do you like best about Xero?

Cloud based, no software installation for computers or servers Review collected by and hosted on G2.com.

What do you dislike about Xero?

The user permissions are all or nothing, could do with modular permissions for users.

I.e would be nice to see the product cost but not necessarily the payroll. Review collected by and hosted on G2.com.

What problems is Xero solving and how is that benefiting you?

Don't need a server or PC to have it installed on. Review collected by and hosted on G2.com.

SS
Senior Accountant
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
What do you like best about Xero?

That all the accounting info is in the one place. I also appreicate how easy Xero has made balancing the bank accounts (especially compared to systems like MYOB) Review collected by and hosted on G2.com.

What do you dislike about Xero?

Aesthetic changes that make my job harder. For example, the new layouts of the GST returns, are really hard to read. They are too big, there is not enough contrast and they are way too busy. There are some good new aspects to the reports, but why did you have to overhaul the way we read them? Review collected by and hosted on G2.com.

What problems is Xero solving and how is that benefiting you?

Xero lets me keep all info in the one place, and sort process quickly. Review collected by and hosted on G2.com.

ZE
Systems Operations
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Xero?

Ease of use to create Purchase Orders and track them. Review collected by and hosted on G2.com.

What do you dislike about Xero?

not much really. everything is likable in xero Review collected by and hosted on G2.com.

What problems is Xero solving and how is that benefiting you?

We are now keeping track of all funds in and out of the business. Review collected by and hosted on G2.com.

John J.
JJ
Hertford Accountant
Small-Business(50 or fewer emp.)
Validated Reviewer
Review source: Organic
What do you like best about Xero?

Flexible for reporting and easy to use for the team and our clients.

We have implemented for many clients now and are comfortable to do this.

Custopmer support is online but responsive tomost enquiries.

We use the software daily and happy to recommend to other users. Review collected by and hosted on G2.com.

What do you dislike about Xero?

Somtimes difficult to keep up to date with new features - but great that it is regularly updated. Review collected by and hosted on G2.com.

What problems is Xero solving and how is that benefiting you?

Maintaining up to date financial informatiuon for us and our clients. Review collected by and hosted on G2.com.

SG
Small-Business(50 or fewer emp.)
Validated Reviewer
Review source: Organic
What do you like best about Xero?

It's fairly well designed and easy-to-use software but it's not worth the very high price anymore Review collected by and hosted on G2.com.

What do you dislike about Xero?

Last few years there have been price rises every year, at least 5-10%. Some years there have been two! Meanwhile, very little actual product improvement happens. The user interface gets little refreshes but long-standing bugs are not fixed and long-standing feature requests are not implemented.

Now (from 1st July 2024), they have removed payroll completly from the starter plan, so you have to go on to a plan that costs (quite literally) more than double to retian it. Same story for the higher plans, the number of payroll users has halved so you have to go on to a much more expensive plan to get what you have before. They claim "most features get more for what they pay" but seems to me every teir has only had features removed, as well as a 10% increase, Review collected by and hosted on G2.com.

What problems is Xero solving and how is that benefiting you?

I need accounting software and Xero is accounting software! Just unfortunately it's not good value anymore for what you get. Review collected by and hosted on G2.com.

Chandan P.
CP
Office
Small-Business(50 or fewer emp.)
Validated Reviewer
Review source: Organic Review from User Profile
What do you like best about Xero?

There are lots of things I like but best part is it's user friendly interface and to do bulk of work in minutes via rule making process and that Blue and white interface combo is icing on the cake. It generates various financial report like AP, AR and for 1099 Forms special features which is useful to analyse the things. Review collected by and hosted on G2.com.

What do you dislike about Xero?

As analysist or Supervisor purpose if we reclassify entries idone via bank statement features at a bulk than then there are no tracking back for the changes if we have data in thousand. Other wise it is good to go. Review collected by and hosted on G2.com.

What problems is Xero solving and how is that benefiting you?

As supervisor in a company I have to supervise the work of many. In a season time of 1099 we have only 1 month to file the return per due date and Xero has that inbuilt feature of 1099 report which help us to submit the more and more return and generate the revenue. Review collected by and hosted on G2.com.

Ryan V.
RV
Senior Manager
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about Xero?

Xero doesn't restrict you like QBO with users, gl limits, chart of accounts limits, etc. They even throw in Hubddocs for free. Their find and recode tool is great and much easier to use than QBO's reclassify's txns. The implementation is also great and you can always go back and change the opening trial balances. Review collected by and hosted on G2.com.

What do you dislike about Xero?

Usability on mobile app feature. Also would be nice to have late fee and interest calculations on overdue invoices. Customer support is still lacking without any real ability to call them by phone. Review collected by and hosted on G2.com.

What problems is Xero solving and how is that benefiting you?

They are solving the interaction between bookkeeper and client, providing customized reporting, and creating efficiencies when reviewing and looking at transactions and the journal entries. Review collected by and hosted on G2.com.

Lazaros D.
LD
Treasurer
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Xero?

XERO IS EASY TO USE AND MAKES ACCOUNTING INTERESTING Review collected by and hosted on G2.com.

What do you dislike about Xero?

Difficulty in running a some reports without having to do excel manipulation Review collected by and hosted on G2.com.

What problems is Xero solving and how is that benefiting you?

Multi currency accounting Review collected by and hosted on G2.com.