Our Verdict: 5/5
Xero is a cloud-based accounting software designed to meet the requirements of small businesses.
The smart online accounting is user friendly and functional, making it possible to streamline your business management with increased efficacy.
Xero was designed with the average small business in mind, however, the accounting software is suited to most business types, including non-profit.
The innovative software makes it easy for businesses monitor their sales, send out invoices and stay on top of their cash flow.
Xero also boasts impressive inventory and contact management features, all of which ultimately help you save precious time. In using Xero it is possible to create extensive records for employee, suppliers, customers and items.
Moreover, Xero is user-friendly. The interface is well designed and easy to use, and the website provides online tutorials and guides so that it is possible to use Xero without prior training.
Xero makes managing your businesses financials easy, as it can be accessed from any device with internet connection. You can view transactions, account details and cash flow from any location through the Xero app which is supported by both iOS and Android devices.
Why Choose Xero Accounting
If you want to see if the beautiful Xero software is good for your business – look no further. To make your choice easier here are the reasons why to choose Xero.
Xero connects people with the right numbers. The software enables businesses to send electronic invoices that customers can pay online. The system can be scheduled to automatically send recurring invoices so that no time is in wasted chasing payments. If your business provides customers with quotes, they can easily be converted to invoices.
Additionally, the accounting software includes inventory management tools and can track items in real time. This allows you to see how many items you have in stock when creating invoices or estimates. Xero helps you identify your best-selling and most profitable items, helping inform strategic purchasing decisions.
Furthermore, Xero can be used by those with no prior accounting knowledge. It transforms complex financial concepts into something of an enjoyable journey. Paired with this, Xero makes itself user friendly through its variety of self-help options on its website as well as free, 24/7 customer support by email or live chat.
Xero’s interactive dashboard provides you with a snap shot all your businesses key formation in one place. The dashboard displays graphs and charts with key information on bank balances, invoices and bills. This means that you can track specific parts of your business, from transactions to contacts.
Safety is always a concern in an expanding digital world, however, Xero addresses this issue head on, and all data is stored safely in one place. This both ensures safety of your finances and makes it easy to get a snap shot of how your business is tracking.
Xero makes online accounting beautifully simple. The software has features to run every part of your business smoothly and manage your numbers effortlessly, giving you the time to focus your strategic business goals. Although Xero can be seen as a more basic accounting software, its intuitive, user-friendly interface make it easy to navigate without extensive training.
Xero is available for a free 30-day trail and thereafter there are three plans, varying in price. The three plans are Starter, Standard and Premium and discounts are offered for the first three months of use. Xero is pay-as-you-go so you can pay for the service that your business needs. There are no contracts, so users can change or cancel their plans at any time.
- Starter is $20 per month
- Standard is $30 per month
- Premium $40 per month
All plans can send invoices and quotes, enter bills and reconcile projects. However, only the standard and premium include payrolls, and only the premium package can handle multiple currencies.
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- You can easily track all your businesses important information using Xero’s dashboard.
- The software has excellent contact management, making use of contact groups and smart lists – both of which act as marketing, tools as certain groups of contacts can be targeted.
- Xero’s default emails can be sent for almost anything which acts as a huge time saver as emails don’t have to be generated manually.
- The mobile app allows you to accomplish accounting tasks on the go. Your business financial affairs can always be at your fingertips as the app is supported by iOS and Android
- Using Xero software you can easily create purchase orders and track inventory.
- Xero securely and automatically imports your bank transactions every business day. This ensures that you have daily updates on the financial state of your business and you save hours on admin.
- Xero is able to generate customized reports and the software includes budgeting tools
Xero’s small business accounting software is functional as well as easy to use. The dashboard makes it easy to keep track of your business income and expenses, and stock can be managed easily through Xero’s simple inventory management tools.
The software makes managing invoices and contacts easy. Invoices can be sent electronically and customers can pay them online and contacts are managed efficiently through groups and smart lists. This ensure complete visibility of the business done with suppliers and customers, making it easier to grow relationships.
Lastly, Xero simple yet innovative interface makes it user friendly. The online tutorials and guides make self-help uncomplicated and you can easily stay on top of your businesses financial assets.