Established in 2006, Xero is a web-based accounting system designed for small and growing businesses. Xero connects small businesses with their trusted advisors and provides business owners with instant visibility of their financial position.
As a web-based solution, Xero can be accessed from any device with an active Internet connection. With Xero's robust accounting features, small businesses can view their cash flows, transactions and account details from any location. Bank transactions are all automatically imported and coded. Online bill pay helps keep track of spending and stay on top of bills due, improving relationships with the vendors that provide critical business materials.
With Xero, personal expenses can also be managed with mobile review and approval of each receipt. Xero offers unlimited user support and integration with a variety of systems, including ADP, Bill.com and Vend. The solution comes with 30-days free trial period for product testing and feature evaluation.
Adam H. Secteur: Logiciels Nombre d'employés: 13-50 employés
Xero has allowed us to get a real, detailed view on the financial situation within our company from one place. With a comprehensive setup, it can provide real value from day one.
Xero has transformed our financial management and provides us with all the real time data we could imagine, and where it lacks, integrations take over. While more "accountancy" friendly than some of the more simple products, once you work with your accountants to get this right, you won't regret it. The detail, features and holistic approach to managing company finances means that we are using this every day and with pleasure.
The interface is being updated, and it is needed as it is a little old fashioned in its design. That said, it is clean and clear and otherwise we love everything about Xero.
Gene M. Secteur: Comptabilité Nombre d'employés: 2-10 employés
Xero give me, an accountant, a tool to provide my clients with that effectively gives them a tool for keeping their daily records in an orderly fashion make my job easier at the end of each month.
Xero have been designed to be used by non-account business folks. However, once the data has been listed an accountant has a great tool to use to finish the company financial records (Monthly, Quarterly & Annually). It is also priced at a rate that works for most business owners.
I really do not know of any areas within the software that I can list as "Least" liked. I do not know of any significant problems which I believe need correcting.
Peter L. Secteur: Services et technologies de l'information Nombre d'employés: 13-50 employés
A few features I would love to have, but frankly the price and features are excellent. Makes it so easy to start a business.
Pretty, easy to use.
Love the bank reconciliation and VAT and PAYE submission.
Love being able to quickly generate P&L and Balance Sheets.
A few rough edges especially in allocating payments, inherited I think from originally trying to abstract away the accounting functionality.
The UK Payroll feature can get complex, but frankly not sure how they can make it any easier.
Miss an easy way of generating a remittance advice when paying .
Ryan K. Secteur: Comptabilité Nombre d'employés: 2-10 employés
Not much to say here anymore, they pretty much used to be good and totally lost faith.
As an accounting firm I would be very cautious with using Xero or recommending it to clients. Outside of Xero billing for things that were supposed to be free, which after complaining they claim they will reconcile but I had to threaten with a lawyer to get that reaction. As an accounting firm it is a very risky move to partner with the Xero software platform. As a firm Your clients will know your using Xero and as a result will likely start to follow Xero using social media. When this happen your clients will receive advertisements about other Accounting firms partnered with Xero. The problem isn’t that you will loose your clients, but this makes you look really bad in front of your clients that you are recommending a software that recommends other accountants outside your firm. This actually happened to me in Canada, and the response of the Canadian Xero team was simply that they didn’t intend on these promotions to be received by the clients of my firm. They didn’t care, they didn’t apologize, they didn’t even acknowledge what they did was wrong, it was evident that they prioritized their growth over their existing partners, at least in Canada. Even The Canadian director of Xero comments where limited to telling me ” I understand that you need to make important decisions in the best interest of your firm”. To me this was a clear message that he doesn’t care. As a small business the software was historically leading, recently, many clients are having issues logging in
Mark T. Secteur: Comptabilité Nombre d'employés: 2-10 employés
All business functions and reporting including payroll and budgeting, invoicing and Key Performance Indicators on hand.
Xero is very user-friendly, and a dream to use.
There is nothing to not like about this product. It is constantly improving and evolving.