--- description: Review of Xero Software: system overview, features, price and cost information. Get free demos and compare to similar programs on Software Advice New Zealand. image: https://gdm-localsites-assets-gfprod.imgix.net/images/software_advice/og_logo-55146305bbe7b450bea05c18e9be9c9a.png title: Xero | Reviews, Pricing & Demos - SoftwareAdvice NZ --- Breadcrumb: [Home](/) > [Lease Accounting Software](/directory/3971/lease-accounting/software) > [Xero](/software/2976/xero) # Xero Canonical: https://www.softwareadvice.co.nz/software/2976/xero Page: 1 / 134\ Next: [Next page](https://www.softwareadvice.co.nz/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 3306 users. Top-rated for **Likelihood to recommend**. ----- ## Quick Stats & Ratings | Metric | Rating | Detail | | **Overall** | **4.4/5** | 3306 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**: $3.50 - **Pricing model**: Flat Rate (Free Trial) - **Pricing Details**: Starter: $3.50/month Grow: $7.50/month Comprehensive: $9.80/month Ultimate: $11.30/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 - [Lease Accounting Software](https://www.softwareadvice.co.nz/directory/3971/lease-accounting/software) ## Related Categories - [Accounts Receivable Software](https://www.softwareadvice.co.nz/directory/1843/accounts-receivable/software) - [Accounts Payable Software](https://www.softwareadvice.co.nz/directory/1851/accounts-payable/software) - [Billing and Invoicing Software](https://www.softwareadvice.co.nz/directory/263/billing-invoicing-software/software) - [Real Estate Accounting Software](https://www.softwareadvice.co.nz/directory/311/real-estate-accounting-software/software) - [Financial Reporting Software](https://www.softwareadvice.co.nz/directory/1904/financial-reporting/software) ## Alternatives 1. [QuickBooks Online](https://www.softwareadvice.co.nz/software/393202/quickbooks-online) — 4.3/5 (8475 reviews) 2. [QuickBooks Enterprise](https://www.softwareadvice.co.nz/software/49801/qb-enterprise) — 4.5/5 (20658 reviews) 3. [QuickBooks Desktop](https://www.softwareadvice.co.nz/software/17316/quickbooks-pro) — 4.4/5 (2564 reviews) 4. [NetSuite](https://www.softwareadvice.co.nz/software/25483/netsuite-wholesale-distribution-edition) — 4.2/5 (2051 reviews) 5. [Sage Intacct](https://www.softwareadvice.co.nz/software/1710/sage-intacct) — 4.3/5 (711 reviews) ## Reviews ### "Used Xero for 15+ years" — 4.0/5 > **Richard** | *26 June 2026* | Information Technology & Services | Recommendation rating: 8.0/10 > > **Pros**: It's mostly reliable and easy to use, has all the functionality that we need and is fairly customisable. > > **Cons**: The cost. There have been so many price rises in recent years, yet we haven't seen relevant feature additions to justify it. 2026 price rise for us was 21.5% so we downgraded. Search is also fairly poor, presenting results in a useless order. > > Although we have mixed feelings about the cost and some features, generally it feels as though it's the best fit for us still. Support is generally excellent too. ----- ### "Solid accounting software" — 5.0/5 > **Verified Reviewer** | *25 June 2026* | Legal Services | Recommendation rating: 9.0/10 > > **Pros**: Easy to use, good access restrictions in place, great reporting features, team is constantly developing new features and updating UI. > > **Cons**: Can be quite expensive for a small business. Bank integrations can be a bit fiddly at times and don’t work properly on occasion. > > I use Xero for two of my businesses and very happy with it. The reporting is top notch, it’s intuitive to use and generally it is just a solid software. ----- ### "Solo business using enterprise accountancy software" — 5.0/5 > **Andrew** | *15 May 2026* | Computer Software | Recommendation rating: 8.0/10 > > **Pros**: Covers all my needs and more for a solo business. Useful as it's one of the gold standards for accountants > > **Cons**: Overly complex for a solo business owner and therefore too expensive for what I am using it for, but locked in as everything is in there now. ----- ### "A fresh and vibrant accounting software package" — 5.0/5 > **Sharelle** | *27 April 2026* | Construction | Recommendation rating: 9.0/10 > > **Pros**: The sheer beauty of the user experience - it has grown and changed but always maintained a fresh and vibrant look and feel - as easy as apple pie ;-) > > **Cons**: The subscription cost for lower end users - they don't really do a 'minimal entry' platform that doesn't hurt your pocket if you're having a rough month. Like all platforms, they have to decide which features that users request will be implemented, and that left some users feeling ignored and out in the cold. It just cant be perfect for everyone, but its damn close\! > > For the times i was running a multi-million dollar construction company - to when I branched out into a solo world, Xero was there to hold my hand every step of the way. Faster payments, smoother transactions - hosts of plug-in software to make Xero as unique as your own business. Easy to teach to newbies - fantastic at handling high-level accounting. ----- ### "Intuitive, well-connected and time-saving accounting software" — 4.0/5 > **Ben** | *2 July 2026* | Food & Beverages | Recommendation rating: 9.0/10 > > **Pros**: It loads quickly, information is set out in an easy to access manner. It integrates very well with other platforms and makes reconciliation very quick and easy. > > **Cons**: Sometimes you have to dig too deep into more unusual locations to find the information required. There is a tendency to drop connections to bank accounts from time to time and the process for reconnecting can take a little while. > > It has greatly improved my bookkeeping process and helped me keep track of our company finances. It's rare that I need help but when I've reached out to the customer support team the responses have been quick and helpful. ----- Page: 1 / 134\ Next: [Next page](https://www.softwareadvice.co.nz/software/2976/xero?page=2) ## Links - [View on SoftwareAdvice](https://www.softwareadvice.co.nz/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