Xero

What differentiates Xero from other similar products?

The accounting service offered by Xero for our company has been positively beneficial due to the amount of options it offers, from online bookkeeping, bank reconciliations and a wide range of options that facilitate and develop the work in the accounting area of our company, while maintaining great security in our data and accounting books. Xero is a very complete package for all those who wish to automate their company's accounting.

What is your favorite aspect of this product?

The accounting is taken directly from the bank database resulting in a greater flow of information automating from sense the entry and exit of money. Allows you to manage employee payroll making the process much more effective. It has a large number of integrations making it much easier to use the tool.

What do you dislike most about this product?

It could be simplified much more the area of reports giving more relevant data and not extending so much in terms of information not so vital at the moment. The add-ons are usually a bit expensive and take a long time to arrive after being requested causing delays. The dashboard could improve and be more interactive, the truth is a little obsolete at first glance, it should be improved.

What recommendations would you give to someone considering this product?

Xero can greatly improve its service to small businesses that are affected by the various failures or lack of complements that may have the software, however, in general the software works very well, they should only provide a little better customer service as it leaves much to be desired at times, in addition to long waits to be served, they are not available 24/7. The improvement of important reports is also vital for the constant development of this tool and the companies that use it on a daily basis.

What differentiates Xero from other similar products?

Xero is very easy to navigate and easy to use. Even a non-financial employee can use Xero. The product can integrate seamlessly with a school management system by importing invoices and contacts that are managed in the school management system. Xero has been beneficial because it has allowed me to organize and manage all the financial affairs of the branch I work in without the need for a full time accountant in the branch by allowing me to prepare financial statements, pay invoices and organize dates.

What is your favorite aspect of this product?

Xero is a really powerful software that eliminated the fear of dealing with bookkeeping and reconciliation and made it quite simple. The accounting process can be effectively handled by anyone, which is quite refreshing. With the software tied to your desired account, you can easily reconcile all incoming and outgoing payments and expenses to a given account. Once set up, you can literally log in right after making a purchase to reconcile your accounts.

What do you dislike most about this product?

The issue of dealing with recurring payments doesn't work as expected, as sometimes you have to do the paperwork manually. Sometimes bank feeds are disconnected for no apparent reason. Could provide graphical charts in addition to numerical reports to make it more visual. There are duplicate reports and the difference is not clear.

What recommendations would you give to someone considering this product?

Xero is responsive and easy to use for everyone, as it does not require much prior experience. Once connected to the Internet, the user will be able to connect to all his bank accounts, both those through which he wishes to make payments and those to which he wishes to transfer money, and monitor and track them accurately and professionally, as well as track and report on them.

What differentiates Xero from other similar products?

You can easily start with Xero in a company with no Financial Systems

What is your favorite aspect of this product?

You can easily start with Xero in a company with no Financial Systems

What do you dislike most about this product?

Some limitations but I can live with that

What recommendations would you give to someone considering this product?

If you are starting a company and need good software - this is reliable and affordable and does the job you need.