Shlomi Lavi /
Jul 25, 2022
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Bottom Line: Which is Better - Xero or Visual AccountMate?
Visual AccountMate is more expensive to implement (TCO) than Xero, and Xero is rated higher (94/100) than Visual AccountMate (81/100). Xero offers users more features (13) than Visual AccountMate (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. AccountMate Software
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...
AccountMate Software: AccountMate offers unique accounting solutions for your growing business.AccountMate has provided customers with powerful and flexible
accounting and business management software that meets the exact needs of their businesses.
Many other accounting solutions require you to make changes to your core business
processes in order to utilize their so...
Who is more expensive? Xero or Visual AccountMate?
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 Visual AccountMate.
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. Visual AccountMate price starts at $4,000 per license , When comparing Visual AccountMate to its competitors, the software is rated 4 - lower than the average Core Accounting software cost.
Bottom line: Visual AccountMate is more expensive than Xero.
Which software includes more/better features?
We've compared Xero Vs. Visual AccountMate 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.
Visual AccountMate: Data Import/Export, Basic Reports, Online Customer Support.
Target customer size
Xero is best for small businesses, freelancers and non-profit organizations. The software is a viable solution for businesses of all sizes and a wide range of types.