Shlomi Lavi /
Aug 23, 2022
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Bottom Line: Which is Better - AccountMate SQL or Xero?
AccountMate SQL is more expensive to implement (TCO) than Xero, and Xero is rated higher (94/100) than AccountMate SQL (81/100). Xero offers users more features (13) than AccountMate SQL (7). There is a clear winner in this case and it is Xero!
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:
AccountMate Software Vs. Xero
AccountMate Software: AccountMate offers unique accounting solutions for your growing business.AccountMate has provided customers with powerful and flexible
accounting and business management software that meets the exact needs of their businesses.
Many other accounting solutions require you to make changes to your core business
processes in order to utilize their so...
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...
Who is more expensive? AccountMate SQL or Xero?
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 AccountMate SQL and Xero.
AccountMate SQL price starts at $4,000 per license , On a scale between 1 to 10 AccountMate SQL Software is rated 4, which is lower than the average cost of Core Accounting software. Xero price starts at $12 per month , When comparing Xero to its competitors, the software is rated 2 - much lower than the average Core Accounting software cost.
Bottom line: AccountMate SQL is more expensive than Xero.
Which software includes more/better features?
We've compared AccountMate SQL Vs. Xero based on some of the most important and required Core Accounting features.
AccountMate SQL: Accounts Payable, Accounts Receivable, Billing & Invoicing, Cash Flow, Fund-Accounting, Purchase Orders, Payroll Tax Management.
Xero: Accounts Payable, Accounts Receivable, Billing & Invoicing, Budgeting & Forecasting, Fixed-Assets.
Target customer size
AccountMate SQL's typical customers include: SMBs, Xero is best for small businesses, freelancers and non-profit organizations.