Shlomi Lavi /
Mar 22, 2022
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Bottom Line: Which is Better - Xero or Oracle Fusion Financial?
Oracle Fusion Financial is more expensive to implement (TCO) than Xero, and Xero is rated higher (94/100) than Oracle Fusion Financial (90/100). Xero offers users more features (13) than Oracle Fusion Financial (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. Oracle Corporation
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...
Oracle Corporation: Oracle Corporation is a computer technology corporation that specializes in developing and marketing computer hardware systems and enterprise software products – particularly database management systems. Employing approximately 113,644 people worldwide as of 30 June 2012,it has enlarged its share of the software market through organic growth and th...
Who is more expensive? Xero or Oracle Fusion Financial Management?
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 Oracle Fusion Financial Management.
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. Oracle Fusion Financial Management price starts at $600 per user/month , When comparing Oracle Fusion Financial Management to its competitors, the software is rated 4 - lower than the average Core Accounting software cost.
Bottom line: Oracle Fusion Financial Management is more expensive than Xero.
Which software includes more/better features?
We've compared Xero Vs. Oracle Fusion Financial 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.
Oracle Fusion Financial Management: Data Import/Export, Basic Reports, Online Customer Support.
Target customer size
Xero is best for small businesses, freelancers and non-profit organizations. Oracle Fusion Financial Management is an extensive suite of applications that can be deployed in any business regardless of size and type.