Compare Xero and FinancialForce - Jul 2022
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Bottom Line: Which is Better - Xero or FinancialForce?
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:
Xero Vs. Financial Force
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...
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...
Who is more expensive? Xero or FinancialForce?
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 Xero and FinancialForce.
Xero price starts at $12 per month , On a scale between 1 to 10 Xero is rated 2, which is much lower than the average cost of Core Accounting software. FinancialForce price starts at $9,000 per year , When comparing FinancialForce to its competitors, the software is rated 8 - higher than the average Core Accounting software cost.
Bottom line: FinancialForce is more expensive than Xero.
Which software includes more/better features?
We've compared Xero Vs. FinancialForce based on some of the most important and required Core Accounting features.
Xero: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Accounts Payable, Accounts Receivable, Billing & Invoicing, Budgeting & Forecasting, Fixed-Assets, Purchase Orders, Data Analysis Tools, Forecasting.
FinancialForce: We are still working to collect the list of features for FinancialForce.
Target customer size
Xero is best for small businesses, freelancers and non-profit organizations. and FinancialForce's target customer size include: Medium and large size businesses.
FinancialForce
starts at $9,000 per year
Financial Force is a cloud-based professional services automation software that’s built to help companies manage their finances, sales as well as services optimally. The software enables multiple departments in...
Compare PricingCompare specifications
Xero Specifications
ITQlick Score: | 94/100 |
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ITQlick Rating: |
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Pricing: | 2/10 - low cost |
Category: | Core Accounting -> Xero review |
Company: | Xero |
Pricing: | starts at $12 per month |
Typical customers: | Small businesses and start ups |
Platforms: | Desktop, Mobile, Cloud |
Links: | Xero review, Xero pricing, Xero alternatives |
FinancialForce Specifications
ITQlick Score: | 82/100 |
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ITQlick Rating: |
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Pricing: | 8/10 - high cost |
Category: | Core Accounting -> FinancialForce review |
Company: | Financial Force |
Pricing: | starts at $9,000 per year |
Typical customers: | Medium and large size businesses |
Platforms: | Cloud |
Links: | FinancialForce review, FinancialForce pricing, FinancialForce alternatives |
Compare features
Xero: 13 Features
FinancialForce: 0 Features
Auditor - Shlomi Lavi
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.