Compare FC Custom Reports and Xero - Mar 2022

Shlomi LaviShlomi Lavi / Mar 30, 2022

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Bottom Line: Which is Better - FC Custom Reports or Xero?

FC Custom Reports is more expensive to implement (TCO) than Xero, and Xero is rated higher (94/100) than FC Custom Reports (88/100). Xero offers users more features (13) than FC Custom Reports (0). 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:

FundCount Vs. Xero

FundCount: FundCount is a privately-owned company started in 1999. FundCount solutions have evolved to serve single and multi-family offices, fund administrators, hedge funds, FOFs, asset managers, and private equity funds. From offices in New York and Moscow,

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? FC Custom Reports 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 FC Custom Reports and Xero.

FC Custom Reports price starts at $499 per month , On a scale between 1 to 10 FC Custom Reports 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: FC Custom Reports is more expensive than Xero.

Which software includes more/better features?

We've compared FC Custom Reports Vs. Xero based on some of the most important and required Accounting & Finance features.

FC Custom Reports: We are still working to collect the list of features for FC Custom Reports.

Xero: Accounts Payable, Accounts Receivable, Billing & Invoicing, Budgeting & Forecasting, Fixed-Assets.

Target customer size

FC Custom Reports's typical customers include: Small, medium and large size businesses, Xero is best for small businesses, freelancers and non-profit organizations.



FC Custom Reports

ITQlick rating
(3.9/5)

starts at $499 per month

FC Custom Reports is an accounting and finance software designed for businesses to enhance investment management, integrate accounting processes, automate organizational tools, and create reports.

Categories: Core Accounting.

Xero

ITQlick rating
(4.3/5)

starts at $12 per month

Xero is a cloud-based accounting and finance software for small, start-up, and growing enterprises. It has invoice management, purchasing, bank reconciliation, and bookkeeping features which help businesses boo...

Categories: Accounting & Finance, Fixed Asset Management, Recurring Billing, Billing & Invoicing, Budgeting & CPM.

Compare specifications

Compare features

FC Custom Reports: 0 Features

We are working to collect the list of features

Xero: 13 Features

Accounts Payable
Accounts Receivable
Billing & Invoicing
Budgeting & Forecasting
Fixed-Assets
Purchase Orders
Data Analysis Tools
Forecasting
Fixed Asset Management
Inventory Optimization
Supplier Management
Warehouse Management
Inventory Management
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
FC Custo...
ITQlick rating
3.9/5
Score
88/100
Pricing
4.4/10
License pricing
$499 per month
Functionality
3
Compare
Xero
ITQlick rating
4.3/5
Score
94/100
Pricing
2/10
License pricing
$12 per month
Functionality
46
Review
Compare
Denali B...
ITQlick rating
4.1/5
Score
93/100
Pricing
2.6/10
License pricing
$1,999 per license
Functionality
16
Compare
MoneyDesktop
ITQlick rating
4.7/5
Score
92/100
Pricing
5.2/10
License pricing
Pricing not available
Functionality
4
MultiCHAX
ITQlick rating
3.4/5
Score
92/100
Pricing
7/10
License pricing
$99 per license
Functionality
5

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.