Shlomi Lavi /
Jun 07, 2022
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Bottom Line: Which is Better - Xero or PlanGuru?
PlanGuru is more expensive to implement (TCO) than Xero, and Xero is rated higher (94/100) than PlanGuru (87/100). PlanGuru offers users more features (15) than Xero (13).
Looking for the right Core Accounting solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:
Xero Vs. PlanGuru
Xero : Xero was founded in July 2006 by successful technology entrepreneur Rod Drury and specialist small business accountant Hamish Edwards. Xero is listed on the New Zealand Stock Exchange and the Australian Securities Exchange and is a fast growing company with teams in Wellington, Auckland, Melbourne, Sydney, Brisbane, San Francisco, and Milton Keynes...
PlanGuru: PlanGuru is budgeting and forecasting software designed to help businesses and nonprofits make better decisions. Whether it’s a high level forecast for the bank or a detailed multi-departmental operating budget, PlanGuru can enable you (or your team) to produce a more accurate analysis in less time.
Who is more expensive? Xero or PlanGuru?
The real total cost of ownership (TCO) of Core Accounting software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for Xero and PlanGuru.
Xero price starts at $12 per month , On a scale between 1 to 10 Xero is rated 2, which is much lower than the average cost of Core Accounting software. PlanGuru price starts at $99 per month , When comparing PlanGuru to its competitors, the software is rated 2 - much lower than the average Core Accounting software cost.
Bottom line: Xero cost is around the same cost of PlanGuru.
Which software includes more/better features?
We've compared Xero Vs. PlanGuru based on some of the most important and required Core Accounting features.
Xero: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Accounts Payable, Accounts Receivable, Billing & Invoicing, Budgeting & Forecasting, Fixed-Assets, Purchase Orders, Data Analysis Tools, Forecasting.
PlanGuru: Accounts Payable, Accounts Receivable, Balance Sheet, Budgeting & Forecasting, Cash Flow.
Target customer size
Xero is best for small businesses, freelancers and non-profit organizations. PlanGuru was first developed with financial professionals in mind and was oriented towards CPAs, CFOs and other types of financial advisors.