Compare Xero and MoneyDesktop - Mar 2022
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Bottom Line: Which is Better - Xero or MoneyDesktop?
MoneyDesktop is more expensive to implement (TCO) than Xero, and Xero is rated higher (94/100) than MoneyDesktop (92/100). Xero offers users more features (13) than MoneyDesktop (3). 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. MoneyDesktop
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...
MoneyDesktop: MoneyDesktop, Inc. develops technologies that facilitate the clear understanding of personal finances and debt management. MoneyDesktop, Inc. is a privately-held company and is headquartered in Provo, Utah. We're a team of developers, designers, marketers and professional problem solvers working around the clock to make MoneyDesktop products t...
Who is more expensive? Xero or MoneyDesktop?
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 MoneyDesktop.
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. MoneyDesktop 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 Core Accounting software.
Bottom line: MoneyDesktop is more expensive than Xero.
Which software includes more/better features?
We've compared Xero Vs. MoneyDesktop 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.
MoneyDesktop: Data Import/Export, Basic Reports, Online Customer Support.
Target customer size
Xero is best for small businesses, freelancers and non-profit organizations. and MoneyDesktop's target customer size include: SMBs.
MoneyDesktop
MoneyDesktop is a cloud-based financial management software. Money desktop offers personal financial management tools directly from online banking. This software makes money management easier as a user can aggr...
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 |
MoneyDesktop Specifications
ITQlick Score: | 92/100 |
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ITQlick Rating: |
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Pricing: | 4/10 - average cost |
Category: | Accounting & Finance -> MoneyDesktop review |
Company: | MoneyDesktop |
Typical customers: | SMBs |
Platforms: | Desktop |
Links: | MoneyDesktop review, MoneyDesktop pricing, MoneyDesktop alternatives |
Compare features
Xero: 13 Features
MoneyDesktop: 3 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.