--- description: Review of Xero Software: system overview, features, price and cost information. Get free demos and compare to similar programs. image: https://gdm-localsites-assets-gfprod.imgix.net/images/software_advice/og_logo-55146305bbe7b450bea05c18e9be9c9a.png title: Xero | Reviews, Pricing & Demos - SoftwareAdvice GB --- Breadcrumb: [Home](/) > [Inventory Management Software](/directory/4490/inventory-management/software) > [Xero](/software/2976/xero) # Xero Canonical: https://www.softwareadvice.co.uk/software/2976/xero Page: 1 / 132\ Next: [Next page](https://www.softwareadvice.co.uk/software/2976/xero?page=2) > Xero is a cloud-based accounting platform designed to assist small and midsize businesses with financial operations management, financial visibility and business performance optimization and more. The platform helps automate accounting tasks and maintain accurate financial records. It offers expense management tools that enable users to track and manage business expenses. Key features include invoicing, quoting, making and collecting payments, tax payment, employee and workforce management, bank reconciliation, expense management, projects handling, reporting and analytics and security measures. Users can capture receipts, categorize expenses and submit them for approval. Xero also supports expense claims, allowing employees to submit their expenses for reimbursement. It provides detailed expense reports, helping businesses monitor spending and identify cost-saving opportunities. One of the core features of Xero is its invoicing capability. The solution allows accountants and bookkeepers to create and send professional invoices to clients, track their status and receive payments online. Users can customize invoice templates to align with their brand identity and set up automated reminders for overdue payments. It supports multi-currency invoicing, making it suitable for businesses with international clients. Xero's bank reconciliation feature is designed to streamline the process of matching bank transactions with accounting records. The tool automatically imports bank transactions and suggests matches based on historical data. Users can also create custom bank rules to automate the categorization of recurring transactions. Xero also provides real-time updates on cash flow, helping businesses maintain accurate financial records. Xero includes payroll management functionalities that assist businesses in managing employee payroll and compliance. It allows users to process payroll, calculate taxes and generate payslips. It also supports direct deposit, enabling businesses to pay employees electronically. Additionally, Xero provides tools for managing employee leave and tracking work hours, ensuring accurate payroll processing and compliance with labor regulations. Xero complies with the Payment Card Industry Data Security Standard, and produces Service Organization Control (SOC 2) reports. It also offers a range of reporting and analytics tools that provide valuable insights into business performance. Users can generate custom financial reports, such as profit and loss statements, balance sheets and cash flow statements. Xero's dashboard provides a real-time overview of key financial metrics. The tool supports budgeting and forecasting, enabling businesses to plan for future growth and manage financial risks. Xero integrates with several third-party applications, including CRM systems, eCommerce platforms and payment gateways. Xero’s integrated practice management software includes Xero HQ, Xero Practice Manager, Xero Workpapers and Xero Tax. It connects businesses with their bank, their advisor, accounting tools, payment services and more. These integrations facilitate data synchronization and optimize overall operational. Data is protected by multiple layers of security, including encryption and the platform is subject to strict privacy controls as it uses multi-factor authentication. > > Verdict: Rated **4.4/5** by 3278 users. Top-rated for **Likelihood to recommend**. ----- ## Quick Stats & Ratings | Metric | Rating | Detail | | **Overall** | **4.4/5** | 3278 Reviews | | Ease of Use | 4.4/5 | Based on overall reviews | | Customer Support | 4.0/5 | Based on overall reviews | | Value for Money | 4.2/5 | Based on overall reviews | | Features | 4.3/5 | Based on overall reviews | | Recommendation percentage | 80% | (8/10 Likelihood to recommend) | ## About the vendor - **Company**: Xero - **Founded**: 2006 ## Commercial Context - **Starting Price**: £10.00 - **Pricing model**: Flat Rate (Free Trial) - **Pricing Details**: Starter: £10/month Standard: £24/month Premium: £30/month - **Target Audience**: Self Employed, 2–10, 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000, 5,001–10,000, 10,000+ - **Deployment & Platforms**: Cloud, SaaS, Web-based, Android (Mobile), iPhone (Mobile), iPad (Mobile) - **Supported Languages**: English - **Available Countries**: Australia, Canada, Hong Kong SAR China, India, Indonesia, Ireland, Malaysia, New Zealand, Philippines, Singapore, South Africa, United Kingdom, United States ## Features - "What If" Scenarios - 401(k) Tracking - ACH Payment Processing - API - Access Controls/Permissions - Accounting - Accounts Payable - Accounts Receivable - Accrual Accounting - Activity Dashboard - Activity Tracking - Ad hoc Reporting - Alerts/Notifications - Approval Process Control - Approval Workflow - Asset Accounting - Asset Tracking - Audit Trail - Automated Quoting - Automatic Backup ## Integrations (147 total) - A2X - Accelo - Actionstep - ActiveCollab - Acuity Scheduling - Administrate Training Management - Adobe Commerce - Agile CRM - ApprovalMax - AroFlo - AutoEntry - BigCommerce - BlueFolder - Buildertrend - Capsule ... and 132 more integrations ## Support Options - Email/Help Desk - FAQs/Forum - Knowledge Base - 24/7 (Live rep) - Chat ## Category - [Inventory Management Software](https://www.softwareadvice.co.uk/directory/4490/inventory-management/software) ## Related Categories - [Accounts Receivable Software](https://www.softwareadvice.co.uk/directory/1843/accounts-receivable/software) - [Accounts Payable Software](https://www.softwareadvice.co.uk/directory/1851/accounts-payable/software) - [Billing and Invoicing Software](https://www.softwareadvice.co.uk/directory/263/billing-invoicing-software/software) - [Real Estate Accounting Software](https://www.softwareadvice.co.uk/directory/311/real-estate-accounting-software/software) - [Financial Reporting Software](https://www.softwareadvice.co.uk/directory/1904/financial-reporting/software) ## Alternatives 1. [QuickBooks Online](https://www.softwareadvice.co.uk/software/393202/quickbooks-online) — 4.3/5 (8405 reviews) 2. [QuickBooks Enterprise](https://www.softwareadvice.co.uk/software/49801/qb-enterprise) — 4.5/5 (20617 reviews) 3. [QuickBooks Desktop](https://www.softwareadvice.co.uk/software/17316/quickbooks-pro) — 4.4/5 (2553 reviews) 4. [NetSuite](https://www.softwareadvice.co.uk/software/25483/netsuite-wholesale-distribution-edition) — 4.2/5 (2004 reviews) 5. [Sage Intacct](https://www.softwareadvice.co.uk/software/1710/sage-intacct) — 4.3/5 (608 reviews) ## Reviews ### "Still a pretty good accounting software for small to medium companies\!" — 4.0/5 > **Rhys** | *8 April 2026* | Biotechnology | Recommendation rating: 7.0/10 > > **Pros**: Xero is a pretty good invoicing/accounting platform which integrates well into our business. I like the email templates and ability to send quotes/invoices with custom messages, feels personal but is simple to set up. Works well for the amount of invoices we handle (200 a year ish). > > **Cons**: There are certain little things which I have found a little difficult. For example, I can't just paste an address in and it auto-fill the City/Street/Zip code, you have to individual paste in each field. Also, once you have send and invoice, you can't then add automatic email reminders. I also thing the overdue invoice page UI could be improved to help our finance department be a bit more organise, e.g. AI features could work well here (flag invoices which are unlikely to be paid based on past experience or due dates). > > For our business, Xero works well. It's relatively easy to use, but perhaps lacks some features which could make life a bit easier. ----- ### "A time saver which has formalised out processes, but minor concerns over functionality and fees" — 4.0/5 > **Thomas** | *1 March 2026* | Accounting | Recommendation rating: 7.0/10 > > **Pros**: With Xero we can automate recurring quarterly billing, speeding up the process vs manual invoicing. For audited entities it is very easy to give read only access to Xero to the audit team, which is a significant time saver. It is very easy to link Barclays bank accounts - transactions feed into Xero regularly making it easy to reconcile transactions without the manual process of logging into the bank portal. > > **Cons**: No in house consolidation between companies. Slight concerns over pricing prices / frequent price increases, for most entities Xero is reasonable value for money, but we have an entity we are not migrating to Xero as it has a USD bank account which would require a premium (more expensive) Xero package. Xero's budgeting / forecasting functions doesn't work correctly for us (changes not saved and budgets not populating correctly) and so we still maintain budgets on spreadsheets. > > We have leveraged Xero to speed up and formalise the controls around finances and accounts preparation. For smaller entities with few transactions it can be a challenge to justify the fees, but having cloud based software is very handy where we have multiple infrequent users vs manging installed software. ----- ### "Xero makes accounting easy" — 5.0/5 > **Bernard** | *19 March 2026* | Photography | Recommendation rating: 10.0/10 > > **Pros**: The tax filing service is very reliable and new features make it easier to use. I use it for three separate small companies so it’s convenient to have all in one place > > **Cons**: I’m a light user but with three accounts so the costs mount up. It’s would be good if there was a multi company version for users like me. > > Easy to use, reliable, secure. The reporting and tax filing is intuitive and flexible so I’m very happy overall. ----- ### "Xero application fees are a hidden 2.9 - 4.4% fee on when providing a payment gateway for stripe." — 2.0/5 > **Bryce** | *7 February 2026* | Marketing & Advertising | Recommendation rating: 0.0/10 > > **Pros**: Payment gateway set up was easy. Initial set up was fairly simple. I like that invoicing customers is simple enough. As a consultant, I found that valuable. The dashboard was complicated though and getting specifically to my customer payments not intuitive. > > **Cons**: I feel I was cheated by them. They were charging anywhere from 2.92 - 4.42% in "xero application fees" on top of the stripe fees for stripe's payment processing. I only saw these fees once I went into my stripe portal to process a refund after a month. It's not even a standard rate and the variance isn't based on dollar amount, it doesn't make any sense. This means in order to process a client's payment through xero and stripe, I'm paying anywhere from 6-10% in fees with stripe and xero combined. None of these fees were explained up front from Xero's end though stripe's certainly were. Just googling "xero application fees on stripe" I find I'm not the first or even the first dozen to raise this problem and none of the raised responses on their message boards lead to a resolution. I'm now being forced to research another payment portal provider in the middle of the month because I refuse to send this last month's invoices and pay 10% in fees to xero for it. As I look into other applications like quickbooks, they don't charge fees for payment portal, I've gotten no explanation from xero as to why they do. Furthermore, stripe allows payment processing fees to be passed onto the client, this fee is yours as a xero customer whether you like it or not. > > I feel as if I've been scammed by xero out of 3-4% of my income on top of their monthly fee as a hidden surcharge for doing business using them. I am upset by having to look for an alternative solution in the middle of my work month after stumbling on this and seeing no effort to rectify from xero's side or justification for the fees they're just there without notice, recourse or warning. ----- ### "Complete Accounts Package" — 5.0/5 > **Sam** | *2 April 2026* | Food Production | Recommendation rating: 10.0/10 > > **Pros**: We have used Xero for several years to do our accounting. We moved over from Sage. What I like about Xero is it is simple. Everything is laid out sensibly and it is easy to navigate. There are access to many different pre-made reports as well as the ability to customise and favourite as well. We have this software linked to our Cybake account and send over invoices from there daily. We also raise invoices within Xero itself. We also use it for bills. I use this everyday and have never encountered an issue. When there is something I don't know how to do i have never needed to contact customer support. I just search online to find the answer quickly. > > **Cons**: Some of the pre-made reports have very similar names. Which can be confusing at first until you learn them but that is similar to other software we use or have used in the past. Just means sometimes I click a few different ones before I land on the one I want. Not a big issue. > > It is a complete accounts package and does everything you could need it to do. It is simple and easily navigable and if there is something you don't know how to do it is often simple to find out how. ----- Page: 1 / 132\ Next: [Next page](https://www.softwareadvice.co.uk/software/2976/xero?page=2) ## Links - [View on SoftwareAdvice](https://www.softwareadvice.co.uk/software/2976/xero) ## This page is available in the following languages | Locale | URL | | de | | | en | | | en-AU | | | en-GB | | | en-IE | | | en-NZ | | | fr | | ----- ## Structured Data