Shlomi Lavi /
Mar 09, 2022
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Bottom Line: Which is Better - AME Accounting or Xero?
AME Accounting is more expensive to implement (TCO) than Xero, and Xero is rated higher (94/100) than AME Accounting (76/100). Xero offers users more features (13) than AME Accounting (6). There is a clear winner in this case and it is Xero!
Looking for the right Accounting & Finance 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:
AME Software Products, Inc. Vs. Xero
AME Software Products, Inc.: AME Software Products, Inc. is a fast growing company offering accounting software since 1992. Being in the business for more than 17 years, we know the needs of our customers! Our prices and services are hard to beat, while the support that we provide our customers is totally unique! Our continued success has helped us grow to include a nationwide...
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? AME Accounting or Xero?
The real total cost of ownership (TCO) of Accounting & Finance 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 AME Accounting and Xero.
AME Accounting price starts at $299 per license , On a scale between 1 to 10 AME Accounting Software is rated 2, which is much lower than the average cost of Accounting & Finance software. Xero price starts at $12 per month , When comparing Xero to its competitors, the software is rated 2 - much lower than the average Accounting & Finance software cost.
Bottom line: AME Accounting cost is around the same cost of Xero.
Which software includes more/better features?
We've compared AME Accounting Vs. Xero based on some of the most important and required Accounting & Finance features.
AME Accounting: Accounts Payable, Accounts Receivable, Billing & Invoicing, Budgeting & Forecasting, Fund-Accounting, Tax compliance.
Xero: Accounts Payable, Accounts Receivable, Billing & Invoicing, Budgeting & Forecasting, Fixed-Assets.
Target customer size
Customers of the software mainly include small and medium businesses of a variety of types. Xero is best for small businesses, freelancers and non-profit organizations.