FinancialForce ERP Vs Xero (Apr 2021)

Shlomi LaviShlomi Lavi / Apr 29, 2021

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Bottom Line: Which is Better - FinancialForce ERP or Xero?

FinancialForce ERP is more expensive to implement (TCO) than Xero, Xero is rated higher (94/100) than FinancialForce ERP (84/100). FinancialForce ERP offers more features (16) to their users than Xero (13).

Looking for the right ERP solution for your business? buyers like you are primarily concerned about the real total implementation cost (TCO), full list of features, vendor reliability, user reviews, pros and cons. In this article we compare between the 2 software products:

How Financial Force compares with Xero ?

Financial Force: FinancialForce.com is the cloud applications company. We focus 100% on building business applications for Force.com, the world’s leading cloud computing platform from salesforce.com. Our applications include Accounting, Billing, Professional Services Automation (PSA) and Services Resource Planning (SRP). We serve fast-growing organizations as well...

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's more expensive? FinancialForce ERP or Xero?

The real total cost of ownership (TCO) of ERP software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance & support and other related services. When calculating the TCO it's important to add all of these "hidden cost" as well. We prepared a TCO calculator for FinancialForce ERP and Xero.

FinancialForce ERP price starts at $9,000 per year , on a scale between 1 to 10 FinancialForce ERP is rated 2, which is much lower than the average cost of ERP software. Xero price starts at $20 per month , when comparing Xero to their competitors, the software is rated 2 - much lower than the average ERP software cost.

Bottom line: FinancialForce ERP cost is around the same cost of Xero.

Which software includes more/better features?

As with any business software solutions, it’s important to consider the features & functionality. The tool should support the processes, workflows, reports and needs that matter to your team. To help you evaluate this, we've compared FinancialForce ERP Vs. Xero based on some of the most important and required ERP features. FinancialForce ERP: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Budget & Expense Management, Project Management, Resource Management, Project Portfolio Management, Expense Management, Time Tracking, Accounts Payable, Accounts Receivable. 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 variety of types. Xero is best for small businesses, freelancers and non-profit organizations.

FinancialForce ERP

ITQlick rating
(3.3/5)

starts at $9,000 per year

FinancialForce ERP is an enterprise resource planning solution for businesses of all sizes. Its services include supply chain management, service automation, order and billing, financial management, and ...

Categories: Budgeting & CPM, Time and Attendance, Procurement, Project Management.

Xero

ITQlick rating
(4.3/5)

starts at $20 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

Xero Specifications

ITQlick Score: 94/100
ITQlick Rating: (4.3/5)
Pricing: 2/10 - low cost
Category: Core Accounting -> Xero
Company: Xero
Pricing: starts at $20 per month
Typical customers: Small businesses and start ups
Platforms: Desktop, Mobile, Cloud
Links: Xero review, Xero pricing, Xero alternatives

Compare features

FinancialForce ERP: 16 Features

Budget & Expense Management
Project Management
Resource Management
Project Portfolio Management
Expense Management
Time Tracking
Accounts Payable
Accounts Receivable
Billing & Invoicing
Budgeting & Forecasting
Purchase Orders
Financial reporting
Payment Management
Recurring Invoices
Time and Expense Tracking
Fixed Asset Management

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
FinancialForce
ITQlick rating
3.3/5
Score
84/100
Pricing
3/10
License pricing
$9,000 per year
Functionality
41
Compare
Xero
ITQlick rating
4.3/5
Score
94/100
Pricing
2/10
License pricing
$20 per month
Functionality
46
Review
SAP
ITQlick rating
4/5
Score
97/100
Pricing
10/10
License pricing
$94 per user/month
Functionality
44
Review
NetSuite
ITQlick rating
3.8/5
Score
93/100
Pricing
4.6/10
License pricing
$499 per month
Functionality
18
Global
ITQlick rating
4.2/5
Score
93/100
Pricing
4.6/10
License pricing
Pricing not available
Functionality
67
Review
Author

Shlomi Lavi

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Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.