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Logo of Xero

Xero

byXero
in
4.5
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

Finance Manager
50M - 250M USD, Media
FAVORABLE

“Centralized Invoice Management and Real-Time Payment Tracking With Xero Software”

5.0
Jan 18, 2026
I have been using Xero for a few months as an Accounts Payable specialist and I must say it has been an awesome addition to my toolbox. It is packed with great features that allow me to carry out both simple and complex accounting tasks without any hassle. I have moved from pen and paper documentation to digital automation, and I really love it.
There are no reviews in this category.
CRITICAL

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

Reviewer Insights for: Xero

Xero Likes & Dislikes

Like

I especially like how I can upload, manage, track and approve invoices all in one place, I also like how can generate comprehensive reports for my management team. I like how simple the dashboard and user interface is designed for ease of access for users. Another feature I really like is the integration with bank accounts that allows me to track payments in real time.

Like

Love how I can access Xero from anywhere because of its cloud based nature, which helps me a lot when I am not at my desk. The user interface feels very friendly and clean which makes sure I can easily understand the accounts.

Like

Now my daily life accounting is much easier and well organized as I don't need to hunt them across the spreadsheets and they are on my eyes. It connects directly with my bank accounts so I don't need to enter the transactions details manually.

Dislike

I don't have any dislike for the application.

Dislike

I have some concerns regarding the support which takes a lot of time to respond to which affects my work sometimes. It has limited options in payroll which misses some of the regions.

Dislike

I noticed that the payroll is available in limited regions and the automation needs a customization to match the work flow.

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Peer Discussions

Xero Reviews and Ratings

Showing data for 7 ratings and reviews for Non-profit Accounting Software market. View all 54 ratings and reviews across markets for a complete picture.

4.5

(7 Ratings)

Rating Distribution

5 Star
57%
4 Star
43%
3 Star
0%
2 Star
0%
1 Star
0%
Why ratings and reviews count differ?

Customer Experience

Evaluation & Contracting

4.1

Integration & Deployment

4.6

Service & Support

4.1

Product Capabilities

4.6

Filter Reviews
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Most helpful
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Star Rating
Reviewer Type
Reviewer's Company Size
Reviewer's Industry
Reviewer's Region
Reviewer's Job Function
  • Finance Manager
    50M-1B USD
    Media
    Review Source

    Centralized Invoice Management and Real-Time Payment Tracking With Xero Software

    5.0
    Jan 18, 2026
    I have been using Xero for a few months as an Accounts Payable specialist and I must say it has been an awesome addition to my toolbox. It is packed with great features that allow me to carry out both simple and complex accounting tasks without any hassle. I have moved from pen and paper documentation to digital automation, and I really love it.
  • Account Clerk
    50M-1B USD
    Banking
    Review Source

    Bank Integration and Cloud Access Enhance Experience With Efficient Invoicing Features

    4.0
    Dec 28, 2025
    I would the experience was good with Xero as it connects smoothly with my banks so it fetches the transaction details automatically so I don't have to look over the transactions manually. The option to create invoices works well as it generates professional looking invoices.
  • Assistant Director Of Accounting
    Gov't/PS/Ed
    Education
    Review Source

    Xero a smooth tool for daily life finance

    4.0
    Jan 24, 2026
    Xero is a practical tool for me which generates impressive reports that are easy to understand and the dashboard provides me a clear image of my finances at a glance. My team can access the same data at the same time securely.
  • DIRECTOR OF FINANCIAL AID
    50M-1B USD
    Banking
    Review Source

    Cloud-Based Access And Accurate Bank Reconciliation Available In Xero Platform

    4.0
    Nov 16, 2025
    Xero has a clean interface also it has wide range of templates which are professional looking also it has real time reports regarding financial.
  • Broker
    <50M USD
    Banking
    Review Source

    Ease of Payroll Processing Highlighted as Key Benefit in Xero Suite Use

    5.0
    Feb 5, 2026
    The xero suite of products makes payroll for our SME very easy.
Showing Result 1-5 of 7

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Gartner Peer Insights content consists of the opinions of individual end users based on their own experiences, and should not be construed as statements of fact, nor do they represent the views of Gartner or its affiliates. Gartner does not endorse any vendor, product or service depicted in this content nor makes any warranties, expressed or implied, with respect to this content, about its accuracy or completeness, including any warranties of merchantability or fitness for a particular purpose.

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