Shlomi Lavi /
Jul 14, 2022
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Bottom Line: Which is Better - FinancialForce or Xero?
FinancialForce is more expensive to implement (TCO) than Xero, and Xero is rated higher (94/100) than FinancialForce (82/100). Xero offers users more features (13) than FinancialForce (0). 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:
Financial Force Vs. 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 is more expensive? FinancialForce 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 FinancialForce and Xero.
FinancialForce price starts at $9,000 per year , On a scale between 1 to 10 FinancialForce is rated 8, which is higher 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: FinancialForce is more expensive than Xero.
Which software includes more/better features?
We've compared FinancialForce Vs. Xero based on some of the most important and required Core Accounting features.
FinancialForce: We are still working to collect the list of features for FinancialForce.
Xero: Accounts Payable, Accounts Receivable, Billing & Invoicing, Budgeting & Forecasting, Fixed-Assets.
Target customer size
FinancialForce's typical customers include: Medium and large size businesses, Xero is best for small businesses, freelancers and non-profit organizations.