Xero

Business & Finance Verified

Cloud accounting for small businesses with invoicing, automated bank reconciliation, bill payments, cash-flow reports, and app integrations.

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Overview

Xero is cloud accounting software for small businesses and their advisors. It supports bank feeds and reconciliation, invoicing and online payments, bill management, financial reporting, and integrations with third-party business apps. Key capabilities include: Connect bank feeds and reconcile transactions; Create invoices with online payment options and reminders; Manage bills and review cash-flow and financial reports; Connect with third-party apps through the Xero App Store. Common uses include: Keep small-business books current with bank reconciliation; Send invoices and track customer payments; Review business cash flow and share accounts with an advisor.

Key Capabilities

  • Connect bank feeds and reconcile transactions
  • Create invoices with online payment options and reminders
  • Manage bills and review cash-flow and financial reports
  • Connect with third-party apps through the Xero App Store

Ideal Use Cases & Goals

  • “Keep small-business books current with bank reconciliation”
  • “Send invoices and track customer payments”
  • “Review business cash flow and share accounts with an advisor”

Direct Alternatives

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