Compare Xero vs Canopus EpaySuite

Let our Accounting & Finance Software Experts help you find the right Software for your business!

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)
Hosting
Functionality score
Fit small business
Fit medium business
Fit large business
Software review
Compare
Xero
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
94/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
2/10
License pricing license pricing (if provided by the software vendor)
$27.50 per month
Hosting
On premise and Cloud
Functionality score
46
Fit small business
Fit medium business
Fit large business
Software review
Canopus
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
91/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
4.8/10
License pricing license pricing (if provided by the software vendor)
Pricing not available
Hosting
On premise
Functionality score
5
Fit small business
Fit medium business
Fit large business
Software review
QuickBooks
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
97/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
3.2/10
License pricing license pricing (if provided by the software vendor)
$17.50 per month
Hosting
On premise and Cloud
Functionality score
20
Fit small business
Fit medium business
Fit large business
Software review
FreshBooks
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
95/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
2/10
License pricing license pricing (if provided by the software vendor)
$15 per month
Hosting
On premise and Cloud
Functionality score
28
Fit small business
Fit medium business
Fit large business
Software review
Denali
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
93/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
2.6/10
License pricing license pricing (if provided by the software vendor)
$99 per month
Hosting
On premise and Cloud
Functionality score
16
Fit small business
Fit medium business
Fit large business
Software review

Xero Vs. Canopus EpaySuite: Which is better?

Shlomi Lavi / Oct 31, 2019

Looking for the right Accounting & Finance 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:

Vendor comparison

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 (UK). 

Canopus Innovative Technologies: CANOPUS Innovative Technologies deals with innovative solutions in the financial services industry. Since its inception in 1992 Canopus Innovative Technologies has been a software supplier and IT service provider to banks and payment institutions across the world. With more than 150 successful IT projects worldwide, we have extensive knowledge and experience to share and make your business prosper. We bring technology, efficiency and peace of mind. Today we offer our financial platform Canopus FS for: Offshore banks Payment systems and payment institutions Corporate treasuries and holdings Forex providers Despite long history and wide experience we avoided the transformation into a cumbersome corporate machine. That means that we offer flexible and effective solutions for various categories of clients – from reputable banks with wide business history to promising financial companies at startup stage. Flexible pricing and various deployment options allow us to offer solutions for different categories of customers without compromising on quality of the software and support. Our goal is to create the IT infrastructure for our clients that enables them to obtain maximum efficiency with optimum investment. Our mission is to promote innovative solutions at the financial services industry.

Pricing/cost comparison

The real cost of Accounting & Finance software includes the software license, subscription fees, software training cost, customization cost, required hardware, and the cost of maintenance & support and other related services. It's critical that you account for all of these costs to gain an understanding of the system's "total cost of ownership". We prepared a total cost calculator for Xero TCO and Canopus EpaySuite total cost to help with the total cost of ownership calculation.

Xero price Starting from $27.50 per month , on a scale between 1 to 10 Xero is rated 2, which is much lower than the average cost of Accounting & Finance software. Canopus EpaySuite accurate pricing info is available upon request (they don't share it publicly), however , on a scale between 1 to 10 Xero is rated 2, which is much lower than the average cost of Accounting & Finance software.

Bottom line:Canopus EpaySuite is more expensive than Xero.

Features and functionality

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 Xero Vs. Canopus EpaySuite based on some of the most important and required Accounting & Finance features.
Xero: Accounts Payable, Accounts Receivable, Billing & Invoicing, Budgeting & Forecasting, Fixed-Assets, Purchase Orders, Analytics, Forecasting, ..
Canopus EpaySuite list of features include the following: We are still working to collect the list of features of Canopus EpaySuite.

Target customer size

Xero is best for small businesses, freelancers and non-profit organizations. Customers of the software include business of all sizes from all over the world.

Xero

ITQlick rating
(4.3/5)

Starting from $27.50 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, Asset management, Bank reconciliation, Billing & Invoicing, Budgeting & Forecasting.

Canopus EpaySuite

ITQlick rating
(3.1/5)

Canopus ePaySuite is a cloud-based accounting and business process automation solution designed for small and midsize banks and payments institutions. It helps automate as well as streamline operations of a pay...

Categories: Accounting & Finance, Bank reconciliation, Payment gateway Integration, Payment Processing, Finance.

Compare screenshots

Compare specifications

Xero Specifications

Name: Xero
Company: Xero
Address Xero Accounting Software, Wellington, New Zealand
Website:https://www.xero.com/us/
Platforms: Desktop, Mobile, Cloud

Compare features

Xero: 8 Features

Accounts Payable
Accounts Receivable
Billing & Invoicing
Budgeting & Forecasting
Fixed-Assets
Purchase Orders
Analytics
Forecasting

Canopus EpaySuite: 0 Features

We are working to collect the information