Compare Xero and Shoeboxed - Oct 2022

Shlomi Lavi

We publish unbiased reviews. Our opinions are our own and are not influenced by payments from advertisers. This content is reader-supported, which means if you leave your details with us we may earn a commission. Learn why ITQlick is free .

Bottom Line: Which is Better - Xero or Shoeboxed?

Shoeboxed is more expensive to implement (TCO) than Xero, and Xero is rated higher (94/100) than Shoeboxed (85/100). Xero offers users more features (13) than Shoeboxed (5). 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. Shoeboxed

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...

Shoeboxed : Shoeboxed is the easiest way to streamline accounting, bookkeeping and tax prep, allowing users to spend less time on paperwork and more time doing what they love.Go paperless and send us documents in one of our prepaid envelopes, through our free online and desktop uploaders, via email or with one of our free mobile apps.Your data is secured by SS...

Who is more expensive? Xero or Shoeboxed?

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 Shoeboxed.

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. Shoeboxed price starts at $18 per month , When comparing Shoeboxed 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 Shoeboxed.

Which software includes more/better features?

We've compared Xero Vs. Shoeboxed 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.

Shoeboxed: Tax compliance, Core Accounting, Accounting & Finance, Document Management, Expense Management.

Target customer size

Xero is best for small businesses, freelancers and non-profit organizations. The software is most suitable for small businesses and is equipped enough to regulate all the financial issues of small business managers.