Xero: NZ’s Favourite Accounting Software

Xero is the winner of Canstar’s Blue’s Most Satisfied Customers Award | Small Business Accounting Software 2021.

If you’re a small business owner, you’ve got a lot to think about. After all, the day-to-day running of a business can be stressful! Staying on top of your invoices, taxes, and banking can be a headache, and the last thing you need to worry about is the growing stack of bills and bank statements on the office desk. But thankfully, managing your accounts can be easier than ever.

Due to modern technology, for small businesses, much of the burden of account keeping has been reduced. Thanks to cloud-based accounting software and mobile apps, it’s never been easier to run your business on the go.

And New Zealand cloud-based accounting software company Xero has once again proven itself the most popular provider for small businesses, winning Canstar Blue’s Most Satisfied Customer Award | Accounting Software for the third year in a row.

Most satisfied customers Xero

To decide which accounting software providers offers the best level of customer satisfaction, each was rated across the following categories:

  • Customer Service
  • Ease of Integration
  • Ease of Use
  • Functionality
  • Reporting
  • Value for Money

Coming out on top for the third year in a row is Xero. The clear winner of Canstar Blue’s award for Most Satisfied Customers | Accounting Software, Xero boasts top marks across all categories, except for Value for Money, for which it earns a respectable 4 Stars.

xero logo

About Xero

Founded in 2006 in New Zealand, Xero is one of the fastest growing software as a service companies globally. It leads the New Zealand, Australian, and United Kingdom cloud accounting markets, and was identified by Forbes as the World’s Most Innovative Growth Company in 2014 and 2015.

Xero is a cloud-based accounting software that connects people with the right numbers anytime, anywhere, on any device. Xero currently has over 2.7 million+ subscribers worldwide.

What does Xero do?

Xero’s cloud-based software streamlines the accounting process, giving you everything you need to run your business. Just some of the features available include:

Track projects

Allows you to easily keep track of all current projects, including the costs and profitability of each project.

Payroll

Pay staff and report payroll details to IR with online payroll software. Automate tax, pay and KiwiSaver calculations.

Inventory

Keep track of what’s in stock with inventory software. Populate invoices and orders with items you buy and sell.

Bank reconciliation

Keep your financials in Xero up-to-date. Categorise your bank transactions each day using Xero’s suggested matches.

What plans does Xero offer?

Xero has three small business plans available to customers.

Starter: $27.50 p/m (ex GST)

Ideal for sole traders, new businesses and the self-employed.

  • Send quotes and 20 invoices
  • Enter five bills
  • Reconcile bank transactions
  • Capture bills and receipts with Hubdoc
  • Short-term cash flow and business snapshot

Optional add-ons

  • Payroll: from $10 per month
  • Track projects: from $10 per user
  • Analytics Plus: free until 31 January 2022

Calculator and pencil

Standard: $60 p/m (ex GST)

Ideal for growing small businesses.

  • Send invoices and quotes
  • Enter bills
  • Reconcile bank transactions
  • Expenses for one person
  • Capture bills and receipts with Hubdoc
  • Bulk reconcile transactions
  • Short-term cash flow and business snapshot

Optional add-ons

  • Claim expenses: from $5 per user
  • Payroll: from $10 per month
  • Track projects: from $10 per user
  • Analytics Plus: free until 31 January 2022

Premium: $75 p/m (ex GST)

Ideal for established businesses of all sizes.

  • Send invoices and quotes
  • Enter bills
  • Reconcile bank transactions
  • Expenses for one person
  • Capture bills and receipts with Hubdoc
  • Bulk reconcile transactions
  • Use multiple currencies
  • Short-term cash flow and business snapshot

Optional add-ons

  • Claim expenses: from $5 per user
  • Payroll: from $10 per month
  • Track projects: from $10 per user
  • Analytics Plus: free until 31 January 2022

Looking to get started?

Whether you are just starting out, or you’re an established business looking to make life easier, great accounting software makes all the difference. Not only does it keep the desk clear of papers and clutter, it also provides a heap of great features at your fingertips.

You can learn more about our Customer Satisfaction Award, and compare providers, by clicking the button below.

Compare accounting software with Canstar Blue

 


author andrew broadley

About the author of this page

This report was written by Canstar Content Producer, Andrew Broadley. Andrew is an experienced writer with a wide range of industry experience. Starting out, he cut his teeth working as a writer for print and online magazines, and he has worked in both journalism and editorial roles. His content has covered lifestyle and culture, marketing and, more recently, finance for Canstar.


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