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Xero Inc

Xero

Composite Score
8.8 /10
CX Score
9.0 /10
Category
Xero
8.8 /10

What is Xero?

Xero is a global online accounting system for small businesses and their advisors.

Company Details


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Awards & Recognition

Xero won the following awards in the Accounting - Small Business category

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Xero Ratings

Real user data aggregated to summarize the product performance and customer experience.
Download the entire Product Scorecard to access more information on Xero.

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

87 Likeliness to Recommend

1
Since last award

96 Plan to Renew

83 Satisfaction of Cost Relative to Value


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Emotional Footprint Overview

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

+90 Net Emotional Footprint

The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.

How much do users love Xero?

2% Negative
4% Neutral
94% Positive

Pros

  • Reliable
  • Respectful
  • Saves Time
  • Performance Enhancing

Feature Ratings

Average 84

Accounts Receivable Invoicing

88

Expense Management

85

Accounts Payable Purchase Orders

85

General Ledger Chart of Accounts

84

Dashboards, Analytics and Reporting

83

Integration APIs

83

Reconciliation

83

Cash Flow Management

82

Cost Revenue Tracking

82

Budgeting Forecasting

78

Project Accounting

77

Vendor Capability Ratings

Average 82

Usability and Intuitiveness

85

Ease of Implementation

84

Quality of Features

84

Ease of Data Integration

84

Ease of IT Administration

84

Business Value Created

82

Breadth of Features

81

Ease of Customization

81

Vendor Support

80

Availability and Quality of Training

80

Product Strategy and Rate of Improvement

79

Xero Reviews

Eli H.

  • Role: Sales Marketing
  • Industry: Technology
  • Involvement: End User of Application
Validated Review
Verified Reviewer

Submitted May 2024

Very easy to user and intuitive, does the job!

Likeliness to Recommend

10 /10

What differentiates Xero from other similar products?

We he not use any other product because we evaluated other solutions and made the decision to move forward with Xera

What is your favorite aspect of this product?

Complete overview of client accounts and invoicing

What do you dislike most about this product?

nothing to tell you the truth

What recommendations would you give to someone considering this product?

If you are starting a business, then this is the best fit

Pros

  • Trustworthy
  • Saves Time
  • Respectful
  • Client Friendly Policies

Natalie M.

  • Role: C-Level
  • Industry: Technology
  • Involvement: End User of Application
Validated Review
Verified Reviewer

Submitted Dec 2023

Easy to use and implement, reporting needs work

Likeliness to Recommend

10 /10

What differentiates Xero from other similar products?

Ease of use

What is your favorite aspect of this product?

The intuitiveness, makes training new staff very easy

What do you dislike most about this product?

Bespoke reports are not easy to set up and access

What recommendations would you give to someone considering this product?

Make sure your bank will link with Xero.

Pros

  • Reliable
  • Respectful
  • Caring
  • Saves Time

Cons

  • Security Frustrates
  • Commodity Features
  • Charges for Enhancements

Charles M.

  • Role: Information Technology
  • Industry: Media
  • Involvement: End User of Application
Validated Review
Verified Reviewer

Submitted Sep 2023

Organizes the accounting of our entire company

Likeliness to Recommend

10 /10

What differentiates Xero from other similar products?

In the vast majority of nations, Xero offers live streaming with lenders, so you don't have to worry about missing any financial transactions. Aside from the issues discussed in this review, my reason for upgrading this product is that Xero's usability and the constant updates offered by the company make the software even easier for businesses. So, the software generates brand devotion among consumers.

What is your favorite aspect of this product?

Xero relates admirably to the totality of its add-ons. To illustrate, an add-on called Receipt-Bank, this program automates expense payments by extracting the fundamental information from your payment voucher, then sends it to Xero, where a business professional will approve and charge it to you. With Xero's outstanding mobile app, you have the capacity to keep track of your earnings and payments, no need to sit in front of a computer to do so.

What do you dislike most about this product?

Xero can likewise increase freedom and tools with respect to annual accounts, which would result in more freedom and possibilities for altering common balance sheet layouts, form and presentations. It may take a bit of time for people in the rest of the planet to adapt the output of Xero to the needs of their local government.

What recommendations would you give to someone considering this product?

Across the organization, Xero is used as an accounting and finance tool, i.e. Futurebooks. With Xero, we can keep track of our users' billing account, as well as all the expenses we have made. Xero is increasingly being used to generate future strategies for the company, since the different financial statements that are generated from Xero give a very clear, brief and readable explanation of the financial position of Futurebooks.

Pros

  • Helps Innovate
  • Performance Enhancing
  • Efficient Service
  • Inspires Innovation

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