Xero

Xero - The Cloud Based Software of the future

Comments: Fantastic product with fantastic support and really meaningful input from the actual company staff

Pros:

Xero's main benefit to us as a mid tier accounting firm is the ease of importing information. It supports multiple bank feeds on a reliable basis and its open API allows for the support of many add in apps

Cons:

Being a non-technical software, it does sometimes give the impression of not being as robust in terms of ease of change of prior information. This can be overcome by locking down periods, one just has to remember to do this though.

Alternatives Considered: Sage 50cloud Accounting

Reasons for Choosing Xero: The capital development expenditure and size of Xero simply mean that it is outpacing other software in terms of speed of development, effectively future-proofing our practice.

Switched From: Sage 50cloud Accounting

Reasons for Switching to Xero: The main factors were cost and engagement with the Xero South Africa team

To keep track of finances, Xero is a small business' best friend

Comments: We've suggested Xero to a few clients and even forced them to switch from their current accounting software because of how much superior it is than its competitors.

Pros:

If you're not an accountant, Xero is still simple and straightforward to use. Daily operations are based on the straightforward processes of making payments to suppliers and receiving money. It's the best option for a company of that size. It's simple and straightforward to use this accounting software to keep track of your company's money. This program is something I use constantly.

Cons:

Xero is designed for small businesses, therefore it has basic restrictions (journal approvals, etc.). As a company's billing operations reach a certain mass, they outgrow a single Xero instance and require the use of many instances running in parallel to process all of the bills.

Very stable and reliable 'Point of Truth'

Comments: We started using this in 2014 and this has just got better and better. very stable

Pros:

So intuitive, stable and easy to use and integrates well with our other software.

Cons:

Lack of inbuilt AI at the moment though I understand JAX is coming.

All hat and no cowboy.

Comments: Didn't have one really. I was looking forward to it.

Pros:

I didn't get to really use this program. The trial company was as far as I got.

Cons:

They say that they can convert your old Quickbooks file to xero but after starting the process they turn around and say they couldn't do it. Then I had to look at another convert firm to do it. Very expensive.

Alternatives Considered: Zoho CRM

Reasons for Choosing Xero: Not happy with QBO. It does not work without pro help.

Switched From: QuickBooks Online

Reasons for Switching to Xero: Price and good reviews were the only thing going for them. Being headquartered in New Zealand was going to be a challenge.

Xero certified

Pros:

Xero is user friendly, easy to navigate things. And they have useful updates quarterly. They make sure they step up their game every now and then.

Cons:

Can't think of any right now cause going back to what I just said, they continuously update the software so it will be useful to their users.

Alternatives Considered: QuickBooks Online

Reasons for Switching to Xero: Xero is user friendly, easy to navigate things. And they have useful updates quarterly. They make sure they step up their game every now and then.