Oracle NetSuite
Cloud ERP unifying procurement/production/inventory/finance for manufacturers
Xero
Cloud accounting software for small businesses, sole traders, and accountants
- Deployment
- Cloud
- Pricing
- Subscription
- Target size
- small plants
Updated · By Oleksii Bilokamenskyi, Founder, MetaProject · How we rank
About Xero
Xero is cloud accounting software covering invoicing, quotes, expense tracking, and cash flow monitoring. The vendor's site describes an AI assistant called JAX that handles routine tasks and provides real-time financial insights. Invoices and quotes can be sent through the platform, WhatsApp, SMS, and email. The vendor's site states the product connects with more than 1,000 third-party apps.
The vendor's site describes plans for sole traders, new and growing businesses, and established businesses of all sizes, spanning industries such as construction and trades, real estate, and retail. It is delivered as a cloud product, accessed online rather than installed locally. The site also describes a dedicated offering for accountants and bookkeepers, allowing them to collaborate with clients and access records remotely.
Pricing is tiered into Starter, Standard, and Premium plans, each listed with a discounted monthly rate for the first three months followed by a standard monthly rate. A 30-day free trial is offered, requiring no credit card, with the ability to cancel at any time. The site does not specify per-user pricing, contract terms, or how the 1,000+ app integrations are technically implemented, and it does not describe an on-premise deployment option.
Xero screenshots
Dashboard with bank account, account watchlist, and invoices owedScreenshot: Xero, from xero.com 
Bills list with status tabs and due dates for accounts payableScreenshot: Xero, from xero.com 
Quote record with line items, totals, and options menuScreenshot: Xero, from xero.com
Screenshots belong to Xero and are taken from its public website. To have one removed, email info@shopfloorindex.com.
Xero at a glance
| Founded | 2006 |
|---|---|
| Headquarters | New Zealand |
| Deployment | Cloud |
| Pricing model | Subscription |
| Price | From $25 / month |
| Pricing (as reported) | $25/mo (Growing $55) |
| Target size | small manufacturers |
| Industries | Construction and trades, Real estate, Retail, Accounting and bookkeeping |
| Integrations | WhatsApp, SMS, Email |
Pricing and facts as reported by the vendor or public listings, checked when this profile was researched. Source: xero.com.
Pros and cons
What works
- Supports sending invoices and quotes via WhatsApp, SMS, and email in addition to the platform itself
- Connects with more than 1,000 third-party apps according to the vendor's site
- Offers tiered plans (Starter, Standard, Premium) to suit different business sizes
- Includes an AI assistant (JAX) for routine tasks and financial insights, as described by the vendor
What does not
- Cloud only; no on-premise deployment option described
- Per-user or per-transaction pricing details beyond the three listed plans are not specified
- Discounted introductory pricing reverts to a higher standard rate after three months
Who Xero is best for
Sole traders, small businesses, and accountants or bookkeeping practices needing cloud-based invoicing and accounting tools.
Compared in
- Best Accounting Software for Manufacturing
Cloud accounting ledger paired with manufacturing inventory apps like Katana, Unleashed and Cin7
Alternatives to Xero
Microsoft Dynamics 365 Business Central
Cloud ERP for small and midsize businesses covering finance, sales, service, and operations
Acumatica Manufacturing Edition
Cloud ERP module for discrete and process manufacturers
Sage X3
Cloud ERP for product-centric manufacturers and distributors
Sage Intacct
Cloud accounting and financial management software for growing and mid-sized organizations
SAP S/4HANA
Cloud ERP covering finance, supply chain, HR, and sales for core business processes
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