Shlomi Lavi /
Mar 29, 2022
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Bottom Line: Which is Better - ClearCheckbook or Xero?
ClearCheckbook is more expensive to implement (TCO) than Xero, and Xero is rated higher (94/100) than ClearCheckbook (88/100). Xero offers users more features (13) than ClearCheckbook (3). 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:
Clear Check Book Vs. Xero
Clear Check Book: ClearCheckbook began as a simple solution to a frustrating problem - an application developed by a web-savvy college kid, in order to manage his finances and balance his checkbook. Brandon O'Brien created a website that ran locally on his computer, so that he could differentiate between what money he thought he had in his checking account, and what...
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? ClearCheckbook 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 ClearCheckbook and Xero.
ClearCheckbook price starts at $2.49 per month , On a scale between 1 to 10 Clear Check Book Personal Finance is rated 4, which is 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: ClearCheckbook is more expensive than Xero.
Which software includes more/better features?
We've compared ClearCheckbook Vs. Xero based on some of the most important and required Accounting & Finance features.
ClearCheckbook: Data Import/Export, Basic Reports, Online Customer Support.
Xero: Accounts Payable, Accounts Receivable, Billing & Invoicing, Budgeting & Forecasting, Fixed-Assets.
Target customer size
Customers of the software include businesses of all sizes and a wide range of types. Xero is best for small businesses, freelancers and non-profit organizations.