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Software Guide: Xero

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This is the cornerstone stage two text (delete me later).

Published on
October 17, 2022
software overview of Xero with logo

Xero is cloud accounting software designed for small businesses. Launched in 2006, Xero pioneered or popularised many concepts that have become standard features in all cloud accounting software.

Xero first gained recognition and a loyal following because of its appealing interface and design, which makes it easy for non-accountants to use. 

Xero has also invested heavily in building a strong network of bank connections. It can automatically pull bank statements as a daily feed and apply rules to automate a large part of the reconciliation process.

Xero’s expense claims module is another example of its focus on automating data capture. Users can take a photo of receipts and Xero will extract information required for expense claims. 

While Xero is designed with small businesses in mind, it can handle a high number of daily transactions and is used by a number of larger businesses. However, this can cause timeouts with reports at the upper end. Xero also limits the number of staff in its payroll module to 200 employees.

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Sections
Name
Xero
Parent company
Xero
ERP tier
From 1 to 5, based on price and features
A
Launched
2006
Delivery
Multi-tenant or Private cloud.
SaaS
HQ
HQ, Wellington, NZ
No. of customers
3,000,000
Multi-entity
Is the platform built for a single entity or multiple?
No
Company URL
Strongest industries
Retail, Professional Services, Hospitality
Five large customers
Five small customers
No. of case studies
No. of Partners
No. of integrations
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