Compare MineralTree and Xero - Jun 2022

Shlomi LaviShlomi Lavi / Jun 26, 2022

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Bottom Line: Which is Better - MineralTree or Xero?

MineralTree is more expensive to implement (TCO) than Xero, and Xero is rated higher (94/100) than MineralTree (83/100). Xero offers users more features (13) than MineralTree (0). There is a clear winner in this case and it is Xero!

Looking for the right Accounts Payable 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:

MineralTree Vs. Xero

MineralTree: MineralTree makes the easiest-to-use mobile and online AP automation software for finance professionals like you at growing organizations. Whether you’re a controller, AP manager, CFO, or other payment approver, MineralTree’s invoice payment processing solution streamlines AP, giving you significant cost savings and unparalleled control in an affor...

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? MineralTree or Xero?

The real total cost of ownership (TCO) of Accounts Payable 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 MineralTree and Xero.

MineralTree price starts at $200 per month , On a scale between 1 to 10 MineralTree is rated 4, which is lower than the average cost of Accounts Payable software. Xero price starts at $12 per month , When comparing Xero to its competitors, the software is rated 2 - much lower than the average Accounts Payable software cost.

Bottom line: MineralTree is more expensive than Xero.

Which software includes more/better features?

We've compared MineralTree Vs. Xero based on some of the most important and required Accounts Payable features.

MineralTree: We are still working to collect the list of features for MineralTree.

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

Target customer size

MineralTree's typical customers include: SMBs, Xero is best for small businesses, freelancers and non-profit organizations.

MineralTree

ITQlick rating
(4.3/5)

starts at $200 per month

MineralTree software is a cloud-hosted Accounts Payable & Payment Automation solution that serves small & medium-sized enterprises. The platform integrates with NetSuite, Microsoft Dynamics GP, Intacct, and Qui...

Categories: Accounting & Finance, Payment Processing, Accounting Practice Management, Medical 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

MineralTree: 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
MineralTree
ITQlick rating
4.3/5
Score
83/100
Pricing
4.8/10
License pricing
$200 per month
Functionality
4
Compare
Xero
ITQlick rating
4.3/5
Score
94/100
Pricing
2/10
License pricing
$12 per month
Functionality
46
Review
iPayable...
ITQlick rating
3.2/5
Score
91/100
Pricing
3.6/10
License pricing
$3 per license
Functionality
4
Accounts...
ITQlick rating
4.4/5
Score
88/100
Pricing
6.6/10
License pricing
$595 per license
Functionality
5
AvidXcha...
ITQlick rating
4.5/5
Score
88/100
Pricing
2/10
License pricing
$5,000 per license
Functionality
4

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.