Free Invoicing Software vs Xero

Struggling to choose between Free Invoicing Software and Xero? Both products offer unique advantages, making it a tough decision.

Free Invoicing Software is a Business & Commerce solution with tags like invoicing, billing, payments, accounting, finance, free.

It boasts features such as Create and send professional-looking invoices, Track invoice statuses and payments, Customize invoice templates, Manage customers and contacts, Generate reports and financial statements and pros including Completely free to use, Easy to set up and use, Suitable for small businesses and freelancers, Provides basic invoicing and billing features.

On the other hand, Xero is a Business & Commerce product tagged with accounting, invoicing, expense-tracking, bank-reconciliation, financial-reporting, small-business.

Its standout features include Online invoicing, Expense claims, Bank reconciliation, Financial reporting, Automatic updates, Inventory management, Payroll management, Multi-currency support, and it shines with pros like User-friendly interface, Mobile access, Automates tasks, Integrates with many apps, Detailed reporting, Scales with business growth.

To help you make an informed decision, we've compiled a comprehensive comparison of these two products, delving into their features, pros, cons, pricing, and more. Get ready to explore the nuances that set them apart and determine which one is the perfect fit for your requirements.

Free Invoicing Software

Free Invoicing Software

Free invoicing software allows businesses to create, send, and track invoices without paying for a subscription. These free tools provide basic invoice templates and features to manage billing and payments.

Categories:
invoicing billing payments accounting finance free

Free Invoicing Software Features

  1. Create and send professional-looking invoices
  2. Track invoice statuses and payments
  3. Customize invoice templates
  4. Manage customers and contacts
  5. Generate reports and financial statements

Pricing

  • Free

Pros

Completely free to use

Easy to set up and use

Suitable for small businesses and freelancers

Provides basic invoicing and billing features

Cons

Limited functionality compared to paid invoicing software

May have limited integration options

Lacks advanced features like recurring invoices or project management


Xero

Xero

Xero is an online accounting software for small businesses. It offers features like invoicing, expense claims, bank reconciliation, financial reporting, and more. Xero seamlessly syncs with bank accounts and has mobile apps for on-the-go access.

Categories:
accounting invoicing expense-tracking bank-reconciliation financial-reporting small-business

Xero Features

  1. Online invoicing
  2. Expense claims
  3. Bank reconciliation
  4. Financial reporting
  5. Automatic updates
  6. Inventory management
  7. Payroll management
  8. Multi-currency support

Pricing

  • Subscription-Based

Pros

User-friendly interface

Mobile access

Automates tasks

Integrates with many apps

Detailed reporting

Scales with business growth

Cons

Can be pricey for large businesses

Limited customization options

Lacks some advanced accounting features

Third-party apps cost extra

Steep learning curve