Xero vs Kashoo
When it comes to accounting software, Xero and Kashoo are two of the most popular options available. Both platforms offer a range of features and benefits designed to help small business owners manage their finances more effectively. However, there are some key differences between Xero and Kashoo that may make one a better fit for your business needs. In this comprehensive comparison, we’ll take a closer look at the key features, pricing, user experience, mobile app, integrations, security and data protection, customer support, and pros and cons of each platform.
Feature Comparison: Xero vs Kashoo
One of the first things to consider when comparing Xero and Kashoo is the range of features each platform offers. Both software provides basic accounting features like invoicing, expense tracking, and bank reconciliation. However, Xero does have some more advanced features that can be useful for businesses with more complex needs, such as project management and inventory tracking. Kashoo, on the other hand, focuses primarily on simplicity, offering a streamlined set of features designed to make accounting as easy and accessible as possible for business owners who aren’t accounting experts.
Another important factor to consider when comparing Xero and Kashoo is their pricing models. Xero offers a tiered pricing system based on the number of users and features needed, while Kashoo offers a flat monthly fee for unlimited users and features. This can make Kashoo a more cost-effective option for small businesses or those with a limited budget. However, for larger businesses with more complex needs, Xero’s tiered pricing system may offer more flexibility and customization options.
Pricing Comparison: Xero vs Kashoo
Pricing is also an important consideration for small business owners. Xero offers a variety of pricing plans ranging from $9 to $60 per month depending on your needs, while Kashoo offers a single pricing plan at $19.99 per month. Both platforms offer a free trial so you can test out the software before making a purchase. In terms of value for money, Xero’s more advanced features may be worth the additional cost for businesses with more complex accounting needs.
It’s important to note that while Kashoo may have a lower monthly cost, it may not offer the same level of customer support as Xero. Xero has a reputation for excellent customer service, with a dedicated support team available via phone, email, and live chat. Kashoo, on the other hand, offers support primarily through email and online resources. Depending on your business’s needs and level of comfort with accounting software, this may be an important factor to consider when choosing between the two platforms.
User Experience Comparison: Xero vs Kashoo
The user experience is another key factor to consider. Xero is known for its user-friendly interface and intuitive design, making it easy for business owners to manage their finances without extensive accounting knowledge. Kashoo also prides itself on its simplicity and ease of use, providing a sleek and minimalist interface that is easy to navigate.
However, when it comes to customization and flexibility, Xero takes the lead. It offers a wide range of customization options, allowing users to tailor the software to their specific needs. Kashoo, on the other hand, has limited customization options, which may not be suitable for businesses with unique accounting requirements.
Another aspect to consider is the availability of customer support. Xero offers 24/7 customer support via phone, email, and live chat, ensuring that users can get help whenever they need it. Kashoo, on the other hand, only offers customer support during business hours, which may not be convenient for businesses that operate outside of regular business hours.
Mobile App Comparison: Xero vs Kashoo
In today’s mobile-driven world, having a mobile app for accounting software is important to many business owners. Both Xero and Kashoo offer mobile apps for iOS and Android devices, allowing you to manage your finances on the go. Xero’s app is more feature-rich, with access to more advanced features like inventory tracking, while Kashoo’s app is more streamlined, focusing on basic accounting tasks like invoicing and expense tracking.
Another important factor to consider when comparing Xero and Kashoo’s mobile apps is their user interface. Xero’s app has a more complex interface, which may take some time to get used to, but offers more customization options. On the other hand, Kashoo’s app has a simpler interface, making it easier for users to navigate and complete basic accounting tasks quickly.
It’s also worth noting that Xero’s mobile app is more expensive than Kashoo’s. While both apps offer free trials, Xero’s pricing plans start at $20 per month, while Kashoo’s plans start at $16.99 per month. Depending on your business’s needs and budget, this price difference may be a deciding factor in which app you choose.
Integrations Comparison: Xero vs Kashoo
Integration with other key software tools is also an important consideration when selecting an accounting software. Xero offers integration with over 700 third-party tools and services including CRM, inventory management, and payment processing. Kashoo, on the other hand, offers a more limited selection of integrations.
However, it’s worth noting that Kashoo does offer direct integration with popular payment processors such as Stripe and Square, which can be a major advantage for businesses that rely heavily on online payments. Additionally, Kashoo’s integrations with Google Drive and Dropbox make it easy to store and share important financial documents with team members and clients.
Security and Data Protection Comparison: Xero vs Kashoo
Data protection is a major concern for all businesses, regardless of size. Both Xero and Kashoo are designed with security in mind, using SSL encryption and two-factor authentication to protect your data. Xero also has ISO 27001 certification, which ensures that the company has implemented strict information security management systems.
However, there are some differences in the way Xero and Kashoo handle data protection. Xero offers a feature called “file-only access,” which allows you to grant access to specific files without giving full access to your entire account. This can be useful if you need to share sensitive information with a third party, such as an accountant or auditor. Kashoo does not currently offer this feature.
Another important factor to consider is data backup. Xero automatically backs up your data every day, and stores it in multiple locations to ensure that it is safe and secure. Kashoo also offers daily backups, but they are stored in a single location. This means that if there is a problem with that location, your data could be lost.
Customer Support Comparison: Xero vs Kashoo
When you experience any issues with your accounting software, you’ll want to know that you have reliable customer support to turn to. Xero offers 24/7 support via email, phone, and live chat, as well as an extensive knowledge base and online community. Kashoo offers email support during business hours and a knowledge base as well.
However, it’s important to note that Xero’s customer support team has won multiple awards for their exceptional service, including the 2020 Stevie Award for Customer Service Department of the Year. This indicates that Xero’s support team is not only available around the clock, but also highly skilled and dedicated to providing top-notch assistance to their customers.
On the other hand, while Kashoo’s support team may not have won any awards, they do offer personalized onboarding sessions for new customers. This means that if you’re new to accounting software or just new to Kashoo specifically, you can receive one-on-one guidance to help you get started and feel confident using the software.
Which is Best for Small Business Owners: Xero or Kashoo?
Ultimately, the question of which accounting software is best for small business owners largely depends on your specific needs and preferences. If you are looking for advanced features and integrations, Xero may be the better option. If you are looking for ease of use and simplicity, Kashoo may be the better choice.
However, it is important to note that Xero can be more expensive than Kashoo, especially if you require multiple user accounts or access to their more advanced features. On the other hand, Kashoo offers a free trial period, which can be a great way to test out the software before committing to a subscription.
Another factor to consider is customer support. Xero offers 24/7 customer support via phone, email, and live chat, while Kashoo only offers email support during business hours. If you anticipate needing frequent assistance, Xero may be the better choice for you.
Pros and Cons of Using Xero for Your Business
Pros: robust features; extensive integrations; user-friendly interface; excellent customer support. Cons: higher pricing plans; may be more complicated than necessary for some small businesses.
One of the major advantages of using Xero for your business is its ability to automate many of your financial processes. This can save you a significant amount of time and reduce the risk of errors. Additionally, Xero’s cloud-based platform allows you to access your financial data from anywhere, making it easy to manage your business on-the-go.
However, it’s important to note that Xero may not be the best fit for every business. While it offers a wide range of features, some businesses may find that they don’t need all of them and may be paying for more than they need. Additionally, some users have reported that the software can be slow to load, which can be frustrating for those who need to access their financial data quickly.
Pros and Cons of Using Kashoo for Your Business
Pros: affordable pricing plan; user-friendly interface; streamlined feature set; good customer support. Cons: fewer advanced features and integrations; may not be suitable for businesses with more complex accounting needs.
How to Choose Between Xero and Kashoo for Your Business
When choosing between Xero and Kashoo, consider your specific business needs and budget. Additionally, consider how each platform’s features and integrations will fit into your existing workflows, and whether you prefer a more advanced or more streamlined approach to accounting software.
Top Alternatives to Xero and Kashoo for Accounting Software
While Xero and Kashoo are both excellent accounting software, there are several other options available that may better fit your business needs. Some popular alternatives include QuickBooks, Wave Accounting, and FreshBooks.
Common Problems Faced by Users of Both Xero and Kashoo
While both Xero and Kashoo are generally reliable and effective accounting software tools, some users have experienced issues with bugs, glitches, and customer support response times.
Tips for Maximizing the Benefits of Using Either Xero or Kashoo
To get the most out of your accounting software, consider investing in training or hiring a professional accountant who can help you manage your finances more effectively. Additionally, be sure to regularly review your data to identify and address any issues or concerns.
Case Studies: Businesses That Use Either Xero or Kashoo Successfully
There are countless businesses across a broad range of industries that have successfully implemented both Xero and Kashoo to manage their finances. For example, Xero is praised by many small business owners for its cloud-based accessibility, while Kashoo is known for its affordable and user-friendly approach.
Overall, both Xero and Kashoo offer a range of effective accounting tools and features designed to help small business owners manage their finances more effectively. By considering the key differences outlined in this article, you can make an informed decision about which of these platforms is the best choice for your business.