Compare Toolhound and Xero - Mar 2022

Shlomi Lavi

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Bottom Line: Which is Better - Toolhound or Xero?

Toolhound is more expensive to implement (TCO) than Xero, and Xero is rated higher (94/100) than Toolhound (92/100). Xero offers users more features (13) than Toolhound (3). There is a clear winner in this case and it is Xero!

Looking for the right Inventory Management 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:

Toolhound Vs. Xero

Toolhound: ToolHound provides a powerful Tool and Equipment Management System that allows construction, maintenance and repair organizations to gain control of their tool and equipment inventory. ToolHound helps companies of all sizes maximize tool and equipment utilization and improve productivity by ensuring the right tool is in the right place when it is n...

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? Toolhound or Xero?

The real total cost of ownership (TCO) of Inventory Management 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 Toolhound and Xero.

Toolhound accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 Toolhound is rated 4, which is lower than the average cost of Inventory Management software. Xero price starts at $12 per month , When comparing Xero to its competitors, the software is rated 2 - much lower than the average Inventory Management software cost.

Bottom line: Toolhound is more expensive than Xero.

Which software includes more/better features?

We've compared Toolhound Vs. Xero based on some of the most important and required Inventory Management features.

Toolhound: Data Import/Export, Basic Reports, Online Customer Support.

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 wide range of types. Xero is best for small businesses, freelancers and non-profit organizations.