Cloud Solution: Access anytime, from anywhere, on any device | Yes | – | – |
Desktop solution – Limited access, Remote Desktop required | – | Yes | Yes |
Additional monthly cost required for ICT & server management | – | Yes | Yes |
Number of Users and Guests (Maximum Allowed) | Unlimited | 3 | 5 |
Software End User License Agreement and Payment Terms | Monthly | Annual License | Annual License |
Annual software license cost (Xero monthly subscription $ 30 pm) | $ 360.00 | $ 299.95 | $ 499.95 |
Number of days – funds held by Software Vendor | 0 days | 7 days | 7 days |
Best Practise Project Management | Yes | – | – |
Mobile Application | Yes | – | – |
Expense Management – Desktop and Mobile | Yes | – | – |
Automated Daily Bank Feeds | Yes | – | – |
Accounts Payable Automation | Yes | – | – |
Real Time Reporting | Yes | – | – |
Easy Report Editor App – as and when required | Yes | – | – |
Real Time Financial and KPI Performance Dashboards | Yes | – | – |
Automated Fixed Asset Register | Yes | – | – |
Automated Monthly Depreciation Journals – Various Rates | Yes | – | – |
API Integration to Marketplace Apps (750 +) | Yes | – | – |
Unlimited Fixed Asset Types | Yes | – | – |
IFRS and USA GAAP Fixed Asset and Annual Reporting | Yes | – | – |
Automated Data Backups | Yes | – | – |
Automated Software Upgrades – no downtime | Yes | – | – |
Invite Auditors and Advisors to view your data real-time | Yes | – | – |
Automated Month-end Close procedures | Yes | – | – |
Real-Time Budget Management | Yes | – | – |
2 x Additional Analytical Tracking code analysis of all transactions | Yes | – | – |
200 x Additional Analytical Tracking options analysis of all transactions | Yes | – | – |
24/7 Product and “How To” Support available | Yes | – | – |
Import and Export functionality – Unlimited data and documents | Yes | – | – |
Schedule and Automate Vendor Bill Payments | Yes | – | – |
Approval Workflow – Unlimited rules and management levels | Yes | – | – |
Automated Contacts Management | Yes | – | – |
Payroll Integration | Yes | Import | Import |
Unlimited Self-Paced Online Video Training – No additional cost | Yes | – | – |
SMART Reporting | Yes | – | – |
Automated Bank Reconciliation from Bank Feeds | Yes | – | – |
Bank Coding to Activate Machine Learning | Yes | – | – |
Payment Services Integration – PayPal, STRIPE, Autorize.Net, Square | Yes | – | – |
Sales Tax and VAT Management | Yes | Yes | Yes |
Integration to Avalara TrustFile | Yes | – | – |
Credit Card Processing and 1099 Reports Management | Yes | Yes | Yes |