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Xero

Cloud accounting software with bank feeds, invoicing, payroll and AI tools for small businesses

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About Xero

Xero offers cloud accounting with project tracking, inventory, and multi-currency features popular among growing businesses. It supports advisor networks for tax and bookkeeping. Relative to inDinero, Xero provides greater software flexibility and lower base cost but shifts more responsibility for compliance and financial strategy onto the business or external partners rather than delivering inDinero-style dedicated CFO services.

What Xero does

Xero is online accounting software for small businesses that connects users to their bank, accountant, bookkeeper and other apps. It includes automated invoicing, bank reconciliation, payroll, expense claims, payments and real-time reporting plus JAX, an AI financial superagent for insights and task automation. Xero offers cloud-based record keeping and industry-specific tools with subscription plans starting at discounted rates for the first months.

Key features

  • Bank connections and reconciliation
  • Online invoicing and payments
  • Payroll and expense claims
  • Real-time reporting and dashboards
  • JAX AI financial superagent
  • App Store integrations

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