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Logo of Xero

Xero

byXero
in
4.2
Market Presence: Accounting Practice Management Software (APMS), Accounting Engines

Overview

Product Information on Xero

Updated 13th October 2025

What is Xero?

Xero is an accounting software designed to streamline financial management for businesses by offering features such as invoicing, expense tracking, bank reconciliation, payroll processing, and financial reporting. The software enables users to manage transactions, monitor cash flow, and automate regular accounting tasks. By providing integration with various third-party applications and financial institutions, the software facilitates efficient collaboration between business owners, accountants, and bookkeepers. Xero addresses the business need for accurate, accessible, and timely financial data, supporting decision-making and compliance with financial regulations.

Xero Pricing

Xero software uses a subscription-based pricing model with tiered plans determined by the features and levels of usage required, such as invoice limits, multi-currency capabilities, and advanced accounting tools; the software charges a recurring monthly fee per organization with additional costs for optional services like payroll and expenses.

Overall experience with Xero

Associate Dean Of Finance
Gov't/PS/ED <5,000 Employees, Education
FAVORABLE

“Cloud-Based Access and Simple Dashboard Improve Daily Financial Management Experience”

4.0
Mar 31, 2026
This text serves as a placeholder and does not reflect the user’s review responses or opinions. This text serves as a placeholder and does not reflect the user’s review responses or opinions. This text serves as a placeholder and does not reflect the user’s review responses or opinions.
IT ENABLEMENT LEAD
<50M USD, Software
CRITICAL

“Xero Offers Easy Cloud-Based Access But Faces U.S. Payroll Limitations”

3.0
Aug 27, 2025
This text serves as a placeholder and does not reflect the user’s review responses or opinions. This text serves as a placeholder and does not reflect the user’s review responses or opinions. This text serves as a placeholder and does not reflect the user’s review responses or opinions.

About Company

Company Description

Updated 7th December 2023

Xero, a global platform, offers comprehensive services to small businesses including a primary accounting solution, payroll management, workforce regulation, expense tracking and project management. Through its vast ecosystem of affiliated apps, Xero provides connectivity with various banks and financial institutions. This feature allows small businesses to conveniently access a multitude of solutions integrated within Xero’s open platform, aiding them in effectively conducting their operations and handling their finances. Xero is also associated with women's football.

Company Details

Updated 26th February 2025
Company type
Public
Year Founded
2006
Head office location
Te Aro, New Zealand
Number of employees
1001 - 5000
Website
http://www.xero.com

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Key Insights

A Snapshot of What Matters - Based on Validated User Reviews

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Peer Discussions

Xero Reviews and Ratings

4.2

(19 Ratings)

Rating Distribution

5 Star
42%
4 Star
37%
3 Star
21%
2 Star
0%
1 Star
0%
Why ratings and reviews count differ?
  • Associate Dean Of Finance
    Gov't/PS/Ed
    Education
    Review Source

    Cloud-Based Access and Simple Dashboard Improve Daily Financial Management Experience

    4.0
    Mar 31, 2026
    My experience with Xero has been good as it connects with bank smoothly so its saves me a lot of time and effort and the invoicing is pretty quick and professional looking.
  • Associate Dean Of Finance
    Gov't/PS/Ed
    Education
    Review Source

    Cloud-Based Access and Simple Dashboard Improve Daily Financial Management Experience

    4.0
    Mar 31, 2026
    My experience with Xero has been good as it connects with bank smoothly so its saves me a lot of time and effort and the invoicing is pretty quick and professional looking.
  • Read All 19 Reviews

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Reviewer Insights for: Xero
Performance of Xero Across Market Features

Xero Likes & Dislikes

Like

I like how simple to use Xero is even it works great for basic accounting tasks. The dashboard provides complete image of my finances also it is cloud based tool which means it is accessible from anywhere.

Like

I like how simple to use Xero is even it works great for basic accounting tasks. The dashboard provides complete image of my finances also it is cloud based tool which means it is accessible from anywhere.

Like

I like how simple to use Xero is even it works great for basic accounting tasks. The dashboard provides complete image of my finances also it is cloud based tool which means it is accessible from anywhere.

Dislike

1. Limited support for U.S. payroll compliance: Some tax updates and reporting requirements don't roll out as quickly as they should. 2. Integration with third-party benefits providers can be a bit clunky or require manual workarounds. 3. Customer support can be a bit slow to respond so it's not ideal when we are in an urgent situation that requires immediate support.

Dislike

1. Limited support for U.S. payroll compliance: Some tax updates and reporting requirements don't roll out as quickly as they should. 2. Integration with third-party benefits providers can be a bit clunky or require manual workarounds. 3. Customer support can be a bit slow to respond so it's not ideal when we are in an urgent situation that requires immediate support.

Dislike

1. Limited support for U.S. payroll compliance: Some tax updates and reporting requirements don't roll out as quickly as they should. 2. Integration with third-party benefits providers can be a bit clunky or require manual workarounds. 3. Customer support can be a bit slow to respond so it's not ideal when we are in an urgent situation that requires immediate support.