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PaidYET vs Xero: Which is a better fit?

Updated on February 10th, 2025
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Summary
Key features rated by users
Features selected based on 1,998 reviews from Accounts Receivable users.
% Fit
Missing features
Not enough reviews
Feature ratings
Accounting
--
Profit/Loss Statement
NA
Third-Party Integrations
NA
Billing & Invoicing
--
General Ledger
--
% Fit
High performer
Feature ratings
Accounting
4.6
Profit/Loss Statement
4.7
Third-Party Integrations
4.4
Billing & Invoicing
4.6
General Ledger
4.4
User satisfaction
4.7
User reviews51
Ease of use
4.8
Functionality
4.6
Value for money
4.6
Customer support
4.6
4.4
User reviews3,121
Ease of use
4.3
Functionality
4.3
Value for money
4.2
Customer support
4.0
Price starts from
Monthly subscription
Free version
Free trial
Monthly subscription
Free version
Free trial
Best for

Any size software, B2B SaaS, and Marketplace looking for a way to collect payments quickly, easily, and securely.

Xero is an accounting software that caters to small businesses across multiple sectors, such as agriculture, construction, education, healthcare, hospitality, and more.

User reviews
pros & cons
1 / 4
View Reviews
1 / 4
View Reviews
Video reviews
No video reviews yet
video-02a459cb-ea7a-40f7-82fc-08dbcf6d3658
Nigel E
Managing Director
5.0

Nigel: My name is Nigel. I'm the Managing Director of my own company, D13 Solutions. We are a consultant company using Xero, which I'm rating five out of five. Xero was recommended to us by our accountants. They had options for products like Sage and some other products as well. They showed us two or three of those products, and we chose Xero from that list. We chose Xero because Xero was the most usable of the products. So the interface was very simple, but it also suited the way we work. So inability to do what we needed to do in the shortest possible time, in the easiest way. Xero gave us the best options out of all of the things we looked at. So we switched to Xero from our previous package. That was really straightforward. But for everything we use it for, which is invoicing, quotes, purchase orders, it's all really good. It's really straightforward and simple to use. We use it in multiple currencies as well, and it supports that very well indeed. But we've integrated things like the company credit cards, so everybody's credit card is integrated into the system, so it really works nice and simple. So things like my month end when I'm doing all my reconciliations, those take a matter of a couple of hours, not a couple of days. Xero has been a game changer for us. It's made my life more simple. It's kept my costs down. This means I haven't got to go and find someone external to my bookkeeping because it's all simple and easy to use within the app. I would recommend anybody to try Xero. It may not be for everyone, but it's certainly worth trying. And with a free trial available, why would you not?

How Capterra sources reviews
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User interface
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120109 video thumbnail}
1 Video
144105
3 screenshots
120109
3 screenshots

PaidYET

26/44
  • Aging Tracking
  • Approval Process Control
  • Audit Trail
  • Customizable Templates
  • Document Management
  • Expense Tracking
  • Forecasting
  • Multi-Currency
  • Overpayment Processing
  • Profit/Loss Statement
  • Purchase Order Management
  • Receipt Management
  • Receivables Ledger
  • Sales Tax Management
  • Task Management
  • Third-Party Integrations
  • User Management
  • Workflow Management
  • Accounting
  • ACH Payment Processing
  • Activity Dashboard
  • Alerts/Notifications
  • API
  • Bank Reconciliation
  • Billing & Invoicing
  • Cash Flow Management
  • Check Processing
  • Contact Database
  • Credit Card Processing
  • Customer Statements
  • Customizable Reports
  • Data Import/Export
  • Discount Management
  • Financial Management
  • General Ledger
  • Invoice Processing
  • Online Payments
  • Partial Payments
  • Payment Collection
  • Real-Time Data
  • Recurring/Subscription Billing
  • Reminders
  • Reporting & Statistics
  • Self Service Portal
See All features
Hide Accounts Receivable Software Features -

Xero

Top Features
40/44
Show Accounts Receivable Software Features +
PaidYET
Deployment
  • Cloud, SaaS, Web-Based
  • Desktop - Mac
  • Desktop - Windows
  • Desktop - Linux
  • Desktop - Chromebook
  • On-Premise - Windows
  • On-Premise - Linux
  • Mobile - Android
  • Mobile - iPhone
  • Mobile - iPad
Support
  • Email/Help Desk
  • FAQs/Forum
  • Knowledge Base
  • Phone Support
  • 24/7 (Live rep)
  • Chat
Training
  • In Person
  • Live Online
  • Webinars
  • Documentation
  • Videos
Xero
Deployment
  • Cloud, SaaS, Web-Based
  • Desktop - Mac
  • Desktop - Windows
  • Desktop - Linux
  • Desktop - Chromebook
  • On-Premise - Windows
  • On-Premise - Linux
  • Mobile - Android
  • Mobile - iPhone
  • Mobile - iPad
Support
  • Email/Help Desk
  • FAQs/Forum
  • Knowledge Base
  • Phone Support
  • 24/7 (Live rep)
  • Chat
Training
  • In Person
  • Live Online
  • Webinars
  • Documentation
  • Videos
PaidYET
  • By PaidYET
  • Located in United States
  • Founded in 2013
Xero
  • By Xero
  • Located in New Zealand
  • Founded in 2006
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