Overview
Xero is cloud-based accounting software offering invoicing, bank reconciliation, and payroll, built cloud-native from the start (unlike QuickBooks' desktop origins) and particularly strong in the UK, Australia, and New Zealand markets.
Available On
WebIosAndroidMobile AppAPI
Key Features
Bank feed reconciliation
Invoicing & quotes
Multi-currency accounting
Payroll (region-dependent)
App marketplace (1,000+ apps)
Pros
- Clean, modern interface built for the cloud from day one
- Strong multi-currency support for international businesses
- Large marketplace of accounting-adjacent app integrations
Cons
- Less dominant in the US market than QuickBooks
- Payroll availability and depth varies significantly by country
- Some advanced reporting requires add-ons
Pricing Plans
StarterPAID
$20/mo
- 20 invoices/month
- Bank reconciliation
- Bill capture
StandardPAID
$47/mo
- Unlimited invoicing
- Payroll for up to 5 people
- Multi-currency
User Reviews
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Integrations
StripeShopifyGustoHubdoc
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Quick Info
Websitewww.xero.com
CategoryFinance & Payments
Team SizeENTERPRISE
ReleasedJanuary 1, 2006
Last UpdatedJune 1, 2026
Monthly Visits20.0M
API AvailableYes
Open SourceNo
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Best For
FinanceSMBAccounting