Xero vs inDinero Comparison

98% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Xero

Accounting Software

4.2 7,623 user ratings

Get Free Advice

88% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

inDinero

Accounting Software

4 44 user ratings

Get Free Advice

Overview

Description	Xero is an award-winning online accounting software for small scale businesses. Xero offers a variety of features to make your business function smoothly and efficiently. The software handles all the accounting transactions effectively. It permits unlimited users to get online at a time and work in collaboration over data which is accessible through a single ledger. Xero also provides Bank Reconciliation services by importing the various transactions from your bank accounts and matching them with your cash-book. Business finances and cash-flow statements are updated on a real-time basis, helping you to keep a track of all your expenses and transactions. Read more	inDinero is convenient for outsourcing accounting services and CFOs. The accounting services are available for businesses of all sizes. inDinero is a comprehensive platform where client companies can expect both personalised business guidance and powerful financial technology of the utmost quality. The accounting service provided by inDinero grows along with the magnitude of the client organisation. This includes improvement in efficiency and visibility into the business so that clients can make informed decisions. With changing financial needs of the organisations, inDinero provides updated CFO services to enable client organisations to make and implement well-informed decisions for a better and productive future. The fractional CFOs help in preparing financial plans and strategies that are aligned along with the immediate goals of the company in concern. Customised financial reports further make it easier for client companies to figure out what is and what is not working. All these strategies in inDinero are designed to make client companies flexible and informative about their cash flow, fundraising and encashable exits related to their business. Read more
Pricing Options	Free Trial Available Starts at $2.9.	Free Trial Not Available Starts at $750.00. Offers Custom plan.
SW Score & Breakdown	98% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more 100% Reviews 99% Momentum 67% Popularity 97%	88% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more 94% Reviews 76% Momentum 62% Popularity 81%
SaaSworthy Awards	# 2 Most Worthy # 6 Fastest Growing	# 9 Fastest Growing # 19 Most Popular

Features

Total Features	18 Features	14 Features
Common Features for All	Accounts Payable Handling the money owed by a business to its suppliers. Accounts Receivable Handling the money the client owes to the company. Bank Reconciliation Matching the balances of an entity's accounting records with the corresponding information on a bank statement. Billing and Invoicing This feature helps in issuing and handling the invoice and bills. Budget Forecasting Helps to create budgets using past performance and future projections. Forecasting uses data, trends, and analytics to predict revenue, expenses, and cash flow. CPA Firms Offers collaboration with a professional expert for financial and consulting services. Cash Management Collection and management of cash. Collections Recovery of cash from a business or individual. Expense Tracking Keep a count of your day to day expenses as well as allows you to quickly identify where the expense report is in the approval process. Fixed Asset Management Helps in tracking fixed assets for the purposes of financial accounting, preventive maintenance, and theft deterrence. General Ledger Maintaining and recording all the accounting related transactions. Multi-Currency Enables payment and collection in multiple currencies. Payroll Handling the salary payable to the employees Project Accounting Creation of financial reports specifically designed to track the financial progress of projects Purchasing Acquiring goods or services required for the business at minimal cost Revenue Recognition Determining the specific conditions under which revenue is recognized or accounted for Spend Management Managing the expenditure of a business in order to build its product or services Tax Management Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time + 15 More - Show Less	Accounts Payable Handling the money owed by a business to its suppliers. Accounts Receivable Handling the money the client owes to the company. Bank Reconciliation Matching the balances of an entity's accounting records with the corresponding information on a bank statement. Billing and Invoicing This feature helps in issuing and handling the invoice and bills. Budget Forecasting Helps to create budgets using past performance and future projections. Forecasting uses data, trends, and analytics to predict revenue, expenses, and cash flow. CPA Firms Offers collaboration with a professional expert for financial and consulting services. Cash Management Collection and management of cash. Collections Recovery of cash from a business or individual. Expense Tracking Keep a count of your day to day expenses as well as allows you to quickly identify where the expense report is in the approval process. Fixed Asset Management Helps in tracking fixed assets for the purposes of financial accounting, preventive maintenance, and theft deterrence. General Ledger Maintaining and recording all the accounting related transactions. Multi-Currency Enables payment and collection in multiple currencies. Payroll Handling the salary payable to the employees Project Accounting Creation of financial reports specifically designed to track the financial progress of projects Purchasing Acquiring goods or services required for the business at minimal cost Revenue Recognition Determining the specific conditions under which revenue is recognized or accounted for Spend Management Managing the expenditure of a business in order to build its product or services Tax Management Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time + 11 More - Show Less

Technical Details

Organization Types Supported	Freelancers Large Enterprises Medium Business Small Business	Freelancers Large Enterprises Medium Business Small Business
Platforms Supported	SaaS/Web/Cloud Mobile - Android Mobile - iOS	SaaS/Web/Cloud Mobile - Android Mobile - iOS
Modes of Support	24/7 (Live rep) Business Hours Online	24/7 (Live rep) Business Hours Online
API Support	Available	NA

Reviews & Ratings

User Rating	4.2/5 7,623 user ratings	4/5 44 user ratings
Rating Distribution	Excellent 66.1% Very Good 14% Average 4.4% Poor 3.5% Terrible 12%	Excellent 52.3% Very Good 15.9% Average 22.7% Poor 0% Terrible 9.1%
User Sentiments	User Friendly Interface, Extensive Integrations, Automated Bank Feeds, Comprehensive Reporting Unreliable Bank Feeds, Slow Support Response Times, Limited User Permissions, Lack of Phone Support	Knowledgeable and Responsive Customer Service, Easy to Use Interface, Efficient Accounting and Bookkeeping, Comprehensive Financial Reporting High Pricing, Lack of Seamless Third-Party Integrations, Inaccurate Tax Filing, Inadequate Client Support
Review Summary	User reviews of Xero are mixed. While many praise its ease of use, seamless integration with other platforms, and robust features for small businesses, they often express frustration with unreliable bank feeds, slow customer support response times, and lack of essential functionalities. Some users find the new invoicing system cumbersome, while others appreciate the help provided by Xero's support team, especially when it comes to technical issues. Overall, Xero is a powerful accounting software for small businesses but has drawbacks in its customer support and recent feature updates.	Overall, reviewers consider the software to be user-friendly and efficient, with a clean interface and intuitive design. Many users appreciate its comprehensive features, including robust reporting and budgeting capabilities, as well as its ability to streamline financial processes and save time. The software's integration with other business applications is also praised. However, some users have reported issues with the software's stability and customer support, suggesting that improvements in these areas would enhance the overall user experience.
	Read All User Reviews	Read All User Reviews

AI-Generated from the text of User Reviews

Pricing

Pricing Options	Free Trial Available Starts at $2.9.	Free Trial Not Available Starts at $750.00. Offers Custom plan.
Pricing Plans Monthly Plans Annual Plans	Starter $2.90 $2.90 per month Standard $4.60 $4.60 per month Premium $6.90 $6.90 per month	Essential $750.00 $750.00 per month Growth $1,250.00 $1,250.00 per month Executive Custom
	View Detailed Pricing	View Detailed Pricing

Alternatives

	Quickbooks 3.9 24 ratings Xero Vs Quickbooks Sage Accounting (Sage One) 4.6 40 ratings Xero Vs Sage Accounting (Sage One) Freshbooks 4.3 3,302 ratings Xero Vs Freshbooks Zoho Books 4.8 30 ratings Xero Vs Zoho Books Wave 4.1 1,834 ratings Xero Vs Wave	Pilot 4.8 90 ratings inDinero Vs Pilot AccountingSuite 4.4 98 ratings inDinero Vs AccountingSuite AccountsIQ 4.6 60 ratings inDinero Vs AccountsIQ Firm360 5 23 ratings inDinero Vs Firm360 Freshbooks 4.3 3,302 ratings inDinero Vs Freshbooks
	View All Xero Alternatives	View All inDinero Alternatives