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Xero Reviews & Product Details
Xero is a cloud-based accounting software designed to streamline financial management for small to medium businesses and accountants. Offering real-time visibility of financial positions with features like invoicing, payroll, and expense tracking, it simplifies day-to-day operations by integrating with a multitude of third-party apps. Xero's intuitive interface and powerful analytics tools help users make informed decisions, ensuring financial health and growth. By automating key processes, it allows businesses to focus more on strategy and less on manual tasks.
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| Segment |
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|---|---|
| Ease of use |
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| Deployment | Cloud / SaaS / Web-Based |
| Support | Email/Help Desk, FAQs/Forum, Knowledge Base |
| Training | Documentation |
| Languages | English |
Xero Pros and Cons
- Xero has 24/7 online support
- There is a mobile app for on-the-go accounting
- It simplifies inventory management
- Reporting feature is limited
- Payroll feature costs an additional $39/month
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Xero streamlines workflows and boosts productivity by integrating with a variety of third-party apps and services, including payroll software, CRM software, and payment processors. Numerous accounting processes, including bank reconciliations, invoicing, and spending tracking, are automated by Xero, which saves users time and lowers the possibility of mistakes.
Even though Xero has some basic reporting features, some users might think that it doesn't have as many possibilities as more sophisticated accounting software. It's important to remember that not all users will experience these drawbacks, and many companies still find Xero to be a really useful and efficient accounting solution in spite of these difficulties.
Xero produces tax reports, streamlines electronic filing, and automates tax computations to assist businesses in adhering to tax laws and regulations. This guarantees that companies fulfill their regulatory responsibilities and lowers the possibility of non-compliance penalties.Financial report generation, including balance sheets, cash flow predictions, and profit and loss statements, is made easier with Xero. Users may quickly generate reports that are customized to match their unique requirements, giving them valuable information about how their organization is performing and where they can make improvements.All things considered, Xero may help firms by enhancing the effectiveness, precision, cooperation, and compliance of financial management procedures by tackling these typical accounting issues.
User Friendly Easy accounting Auto fill options
Can't set off a creditor against a debtor with a journal
we dont have to print supplier invoices,can link them to the expense Makes auditing process easier as well
Xero is understandable as a progrma, offers a lot of facilities through tips and tricks. Can easily generate reports upon neccesity. It can be easily integrated with banks and other applications. You can access from everywhere and whenever.
Customer service through tickets. I personally would prefer a straight contact number
Xero at the moment solves all of our problems. I used to have difficulties in project tracking costs but through tracking categories I can even track the project phases too.
I am more exposed to Xero because most of are clients are migrating from another accounting software to Xero. I am the one who set up the Xero account of our new client and the process of migrating data.
I have nothing to dislike about Xero because this is the main platform I am using everyday.
It solves a lot especially when you can import file in a bulk order.
it`s easyand fast, and has ecxelent reports.
It`s not that good with timesheets in payroll
Everything is inside, tidy, and easy to find
Ease of use. And the reduction to the needed and essential but keeping flexibility. Reminds me of MacOS in that sense.
Not much. It's not cheap, especially in the multicurrency version.
Above all I'd say it saves time and workload in accounting.
That it integrates with my Powered Now software and I can run all my companies financials through it, with ease.
I haven't come across anything I dislike
Allowing me to do the large majority of the accounts for my business, saying me time and money
It is very easy to use, and it also offers a lot of options to connect to other apps for more accessible accounting activities
There is nothing special that I disliked when using Xero
It is easy-to-use accounting software, and it also offers a variety of reports that can be downloaded directly from the app.
Ease of use for non-accountants, including reporting and business analysis.
There could be improved integrations and support for other country payroll and taxation systems. Cash flow forecasting isn't really possible in Xero, so improvements in this area would be welcome.
Efficent and cost effective accounting platform, and ability to have users remotely access the platform.
Easy to apply for leave and see any payment details.
All my payslips are already there, so I sometimes wonder why there is no feature to bulk export payslips when I need them to provide for some applications.
Payrolling is seamless