Shlomi Lavi /
Feb 23, 2023
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Bottom Line: Which is Better - Xero or PracticePanther?
PracticePanther is more expensive to implement (TCO) than Xero, and PracticePanther is rated higher (97/100) than Xero (94/100). Xero offers users more features (13) than PracticePanther (7).
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. PracticePanther
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...
PracticePanther: Using the latest technology, PracticePanther is one of the fastest and easiest websites you’ve ever used. We are not a massive Forbes 500 company. We are a team of dedicated account managers who pour their heart and soul into helping you automate your practice. If you save only 1 hour a month at $250/hour, the software will pay for itself many time...
Who is more expensive? Xero or PracticePanther Legal Case 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 PracticePanther Legal Case 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. PracticePanther Legal Case Management price starts at $49 per user/month , When comparing PracticePanther Legal Case Management to its competitors, the software is rated 2 - much lower than the average Core Accounting software cost.
Bottom line: Xero cost is around the same cost of PracticePanther Legal Case Management.
Which software includes more/better features?
We've compared Xero Vs. PracticePanther 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.
PracticePanther Legal Case Management: Document Management, Task Management, Time and Expense Tracking, Billing & Invoicing, Contract Management.
Target customer size
Xero is best for small businesses, freelancers and non-profit organizations.
PracticePanther Legal Case Management software is a versatile tool that can be used by a wide range of legal professionals, including lawyers, paralegals, and legal secretaries.