Compare Xero and Synchroteam - Mar 2022

Shlomi Lavi

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Bottom Line: Which is Better - Xero or Synchroteam?

Synchroteam is more expensive to implement (TCO) than Xero, and Xero is rated higher (94/100) than Synchroteam (75/100). Xero offers users more features (13) than Synchroteam (10). 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. Synchroteam

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...

Synchroteam: The history of Synchroteam starts with mobile terminals, called "personal assistants" at the time, with one objective: to make business data available to mobile users when they are away from their computer. Since the creation of Synchroteam in 2000, we have earned the confidence of many large companies through our ability to manage information...

Who is more expensive? Xero or Synchroteam?

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 Synchroteam.

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. Synchroteam price starts at $24 per user/month , When comparing Synchroteam to its competitors, the software is rated 4 - lower than the average Core Accounting software cost.

Bottom line: Synchroteam is more expensive than Xero.

Which software includes more/better features?

We've compared Xero Vs. Synchroteam 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.

Synchroteam: Billing & Invoicing, Time Tracking, Scheduling, Custom User Interface, Customizable Fields.

Target customer size

Xero is best for small businesses, freelancers and non-profit organizations. Synchroteam offers its incredible features-including Scheduling and Tracking; among others to businesses.