Shoeboxed Vs Xero (Jun 2021)

Shlomi LaviShlomi Lavi / Jun 12, 2021

We publish unbiased reviews, our opinions are our own and are not influenced by payments from advertisers. Learn more in our advertiser disclosure.

Bottom Line: Which is Better - Shoeboxed or Xero?

Shoeboxed is more expensive to implement (TCO) than Xero, Xero is rated higher (94/100) than Shoeboxed (85/100). Xero offers more features (13) to their users than Shoeboxed (5). There is a clear winner in this case and it is Xero!

Looking for the right Expense Management 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 Shoeboxed compares with Xero ?

Shoeboxed : Shoeboxed is the easiest way to streamline accounting, bookkeeping and tax prep, allowing users to spend less time on paperwork and more time doing what they love.Go paperless and send us documents in one of our prepaid envelopes, through our free online and desktop uploaders, via email or with one of our free mobile apps.Your data is secured by SS...

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? Shoeboxed or Xero?

The real total cost of ownership (TCO) of Expense Management 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 Shoeboxed and Xero.

Shoeboxed price starts at $18 per month , on a scale between 1 to 10 Shoeboxed is rated 2, which is much lower than the average cost of Expense Management software. Xero price starts at $20 per month , when comparing Xero to their competitors, the software is rated 2 - much lower than the average Expense Management software cost.

Bottom line: Shoeboxed 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 Shoeboxed Vs. Xero based on some of the most important and required Expense Management features. Shoeboxed: Tax compliance, Core Accounting, Accounting & Finance, Document Management, Expense Management. Xero: Accounts Payable, Accounts Receivable, Billing & Invoicing, Budgeting & Forecasting, Fixed-Assets.

Target customer size

The software is most suitable for small businesses and is equipped enough to regulate all the financial issues of small business managers. Xero is best for small businesses, freelancers and non-profit organizations.

Shoeboxed

ITQlick rating
(4.3/5)

starts at $18 per month

The fastest way to turn a pile of receipts into digital data for effortless expense reporting, accounting, bookkeeping, and tax preparation.send Shoeboxed your receipts, business cards, bills and other document...

Categories: Accounting & Finance, Financial reporting, Fund Accounting, Tax Preparation.

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

Shoeboxed: 5 Features

Tax compliance
Core Accounting
Accounting & Finance
Document Management
Expense 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
Shoeboxed
ITQlick rating
4.3/5
Score
85/100
Pricing
2.4/10
License pricing
$18 per month
Functionality
13
Compare
Xero
ITQlick rating
4.3/5
Score
94/100
Pricing
2/10
License pricing
$20 per month
Functionality
46
Review
Expensify
ITQlick rating
4.4/5
Score
86/100
Pricing
2.8/10
License pricing
$15 per user/month
Functionality
5
SpringAhead
ITQlick rating
5/5
Score
85/100
Pricing
6.6/10
License pricing
$125 per month
Functionality
3
Fyle
ITQlick rating
4.5/5
Score
85/100
Pricing
2.8/10
License pricing
$4.99 per user/month
Functionality
3
Review
Author

Shlomi Lavi

Website Linkedin Facebook Twitter

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.