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Xero Overview

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Xero is an accounting software company that provides small and medium-sized businesses with cloud-based bookkeeping and accounting software for users to automate business tasks and manage the money side of things from anywhere.

Founded in 2006, Xero currently has over 5,080 employees and 3.7 Million subscribers across New Zealand, Australia, Canada, and the United Kingdom.

Xero features

The first feature of Xero is Pay Bills: with this feature, you can use Xero to track and pay bills at the appropriate time and to get a clear view of cash flow and payable accounts. This feature also helps you accept payment straight from your Xero invoice by credit or debit card.

This allows customers to make payments the way they want, and it increases the likelihood of getting paid on time.

The next feature is Bank Connections, a feature that lets you upload your bank data into Xero from over 21,000 acceptable financial institutions worldwide. With this feature, you also get to keep your bank transactions and finances up to date in your business financial records with the Xero Bank Accounting Software.

The next feature is Analytics: this feature helps you see future cash flow and check financial health and cash metrics. This helps you manage fixed assets by making it easy to track them, manage them, and keep your books up to date.

xero brand - comparewise

The next feature is Xero’s Accounting Dashboard: this is easily accessible using your Xero login; it is there to help you keep an eye on your finances and to track bank balances, bills, invoices, and more. This helps youto integrate apps, choose apps, and financial service offerings that can connect to Xero to help run your business better.

The fifth feature is its ability to Track Projects: this helps keep track of costs and profitability while helping you get paid for jobs as well. You can use this to accurately track your finances and also to collaborate with your advisors online in real-time.

Another feature of Xero is Online Invoicing, with which you can use the Xero accounting software to send invoices, automate reminders, and do so much more at your convenience. With this feature, you can create and send professional online Quotes instantly.

Another feature of Xero is Pay Runs: With this feature, you can keep payment records online and run payroll reports, too.

Next is Files: this can be used to store information online and to manage and share documents, data, contacts, bills, and receipts from anywhere at any time. It helps you store documents and data automatically in Xero, and this makes securing data easy.

The next feature is Multi-Currency: this allows you to make and receive payments in over 160 currencies.

xero platform - comparewise

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Service Areas

Alberta, British Columbia, Canada, Manitoba, New Brunswick, Newfoundland and Labrador, Northwest Territories, Nova Scotia, Nunavut, Online, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon


  • Accounting
  • Software

Year in Business

Since 2006





FAQs about Xero

Xero vs Quickbooks, which is better?

Xero offers all the services of QuickBooks and even more. The extra features of Xero give it a massive hedge.

Where is the head office of Xero located?

The headquarters of Xero is in Wellington, New Zealand.

Who is the founder or owner of Xero?

Xero was founded by Rod Drury Hamish Edwards in 2006. He acted as CEO until 2018, when he resigned and remained on the board as a Nonexecutive director.

What is Xero?

Xero is an online accounting software that helps you run your business with ease by connecting you to your bank, bookkeeper, accountant, and other business apps.

Does Xero charge service fees?

You can get free trials on the Xero app. However, these free trials are limited to just a few Xero features. Full access to all Xero features will require a subscription fee.

Xero Products

Per Month
For sole traders
and the self-employed
Per Month
Good for growing
small businesses
Per Month
Good for
established businesses

Xero Offices

Phone Number
Office Hours
19-23 Taranaki Street Te Aro 6011 New Zealand
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Xero Details
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    19-23 Taranaki Street Te Aro 6011 New Zealand
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