Ratings and Reviews 5,952 Ratings
Ratings and Reviews 45 Ratings
What is Xero?
What is Gravity Software?
Integrations Supported
Integrations Supported
API Availability
API Availability
Pricing Information
Early: $20/month
Growing: $47/month
Established: $80/month
Pricing Information
5-pack multi-entity module $100/month
Annual Subscription Contract Required
Supported Platforms
Supported Platforms
Customer Service / Support
Customer Service / Support
Training Options
Training Options
Company Facts
Organization Name
Xero
Date Founded
2006
Company Location
New Zealand
Company Website
xero.com
Company Facts
Organization Name
Gravity Software, LLC
Date Founded
2013
Company Location
United States
Company Website
www.gogravity.com
Categories and Features
Accounting
Xero is an advanced cloud-based accounting solution designed specifically for small enterprises. With Xero, users can effectively oversee their cash flow, monitor expenditures, process online payments, and access a variety of other features, all seamlessly integrated within the platform.
Accounts Payable
Xero's expense management solution streamlines the accounts payable workflow by eliminating the hassle of extensive paperwork and allowing you to complete tasks with just a few clicks. Effortlessly reimburse expenses, monitor expenditures, and oversee your financial activities from any location with Xero's robust Cloud-based technology.
Accounts Receivable
Xero’s invoicing solution streamlines the billing process, allowing you to generate, dispatch, and monitor invoices with ease. This lets you minimize administrative tasks and focus more on your passions. Whether you choose the desktop version or the mobile app, you'll benefit from features like automated reminders, personalized templates, and various digital payment methods.
AI Accounting
Xero's cloud-enabled accounting platform simplifies the integration of AI functionalities such as Xero Analytics, bank reconciliation, accounts payable, and additional features, allowing you to effectively harness the potential of AI for your clients.
Auto Dealer Accounting
Optimize your workflow with Xero’s user-friendly accounting platform. Manage your financial tasks at your convenience, tailored specifically for your auto dealership. With its cloud-based system, Xero enables you to track expenses, establish bank connections, and work alongside your accountant, bookkeeper, or team members—all through an online interface.
Billing and Invoicing
Xero's invoicing solution simplifies the billing process, ensuring a seamless and polished experience for your clients via both the desktop and mobile invoice applications. Key functionalities encompass customized invoices, electronic payment methods, automated notifications, and additional features to enhance efficiency.
Bookkeeping
Xero is a cloud-based accounting solution tailored specifically for bookkeepers. This platform allows you to streamline administrative and compliance duties, freeing up valuable time to focus on client support, promoting your bookkeeping business, and expanding your operations. Moreover, Xero’s practice management tools and data collaborate effortlessly, providing a cohesive solution for managing your accounting practice effectively.
Church Accounting
Optimize your efficiency with Xero's user-friendly accounting platform. Manage your financial tasks at your convenience and according to your church's schedule. With its cloud-based design, Xero enables you to submit expenses, establish bank connections, and work alongside your accountant, bookkeeper, or team members — all in a seamless online environment.
Construction Accounting
With Xero's specialized accounting software for the construction industry, you can effortlessly send quotes, generate invoices, monitor expenses, and oversee projects directly from your mobile device. Simplify your daily tasks with this builder-friendly accounting solution.
Distribution Accounting
Xero offers cloud-based accounting solutions designed to assist wholesale distributors in optimizing their financial operations and achieving instant access to their financial status. Featuring a user-friendly interface and a range of tailored functionalities for the industry, Xero reduces the burden of cumbersome paperwork and manual data entry, allowing distributors to concentrate on their primary business activities.
Farm Accounting
Effortlessly handle your farm's financial planning and budgeting with Xero's specialized accounting software designed for agriculture. Stay updated with real-time access to your financial data, allowing you to oversee your farming activities from any location.
Financial Close
Xero transforms the year-end financial closing process, turning what can be a laborious task into a swift and straightforward experience. It allows for automated reconciliations, report generation, and workflow optimization, all while maintaining accuracy and adherence to regulations. With Xero's up-to-the-minute data and effortless integration capabilities, you can confidently and efficiently finalize your financial records.
Fund Accounting
Xero's online fund accounting platform ensures that all transactions are accurately documented and assigned to the appropriate fund. Our intuitive software streamlines the processes of budgeting, forecasting, and financial analysis, enabling you to effectively manage your financial resources while providing essential insights into your organization's economic health.
Invoice Generators
Reduce administrative workload and expedite your payments with Xero’s cloud-enabled invoicing solution. Generate, dispatch, and monitor your invoices effortlessly using the Xero desktop or mobile app. Tailor your invoices to your needs and efficiently handle online transactions with features like automated reminders, personalized templates, and options for online payments.
Law Firm Accounting
Xero’s accounting solution is designed to make financial management effortless for legal practices. With its user-friendly interface, you can quickly generate invoices, monitor expenditures, and handle bills all in one convenient location. By using Xero, you can optimize your cash flow, enhance client payment processes, and retrieve financial information anytime, anywhere, allowing you to dedicate more time to your legal work.
Lease Accounting
Xero offers a comprehensive cloud-based accounting solution that simplifies the management of rental properties. Monitor your financial activities in real time, encompassing rent transactions, expenditures, and deposits, all conveniently centralized. Enhance your rent collection process and simplify payment handling with GoCardless, while efficiently overseeing tenant information and correspondence. Thanks to Xero's user-friendly features and online platform, you gain complete oversight of your lease accounting, streamlining your daily operations and improving organization.
Medical Accounting
Xero's online accounting platform enhances the financial oversight for your hospital, offering features like automated invoicing and straightforward compliance monitoring. Its user-friendly tools and effortless app connections enable your team to operate more efficiently and effectively.
Mileage Tracking
Xero offers a convenient mileage tracking functionality that simplifies the handling of travel-related expenses for businesses. By using the Xero Me application, users can effortlessly monitor their mileage, record trips, and file expense claims while on the move. The app takes care of calculating distances, removing the need for manual entries and ensuring precise documentation. Whether you're overseeing your personal expenses or processing reimbursements for staff, Xero enhances efficiency, allowing you to conserve time and maintain order.
Payroll
Xero's payroll solution, enhanced by its integration with Gusto, simplifies the payroll process for small enterprises. It automatically computes tax obligations, manages payroll tax submissions, and facilitates employee payments, all while ensuring adherence to federal, state, and local laws. Xero seamlessly connects to your financial accounts, allowing for real-time synchronization of payroll information, which aids in precise accounting. With functionalities such as next-day direct deposits and automated tax filings, Xero optimizes payroll management, helping you save valuable time and minimizing administrative overhead.
Project Accounting
Xero's tools for project accounting simplify and streamline the management of your projects. Effortlessly monitor time, expenses, and progress to keep everything on track and within budget. With features like automated tracking, job costing, and invoicing, you can handle numerous projects without hassle. Gain real-time visibility into your project's profitability and costs, enabling you to make well-informed choices and maintain smooth operations from beginning to end.
Real Estate Accounting
Xero's online accounting solution enhances property management by making financial tracking easy and efficient. It allows you to oversee your finances, keep track of expenses, and access client information all from a single platform. Thanks to its cloud infrastructure and smooth app integrations, Xero optimizes processes such as invoicing, payroll, and client relations, leading to a more organized and effective real estate business.
Receipt Scanner
Xero is a robust web-based accounting solution. With the Xero Me App, you can easily take a picture, scan your receipts, and automatically populate your expense reports with essential information.
Reconciliation
Xero simplifies the bank reconciliation process, making it both efficient and straightforward. It automatically aligns your bank transactions with your accounting records, minimizing the need for manual input and enhancing precision. Thanks to Xero, you can reconcile your accounts instantly, which not only saves you time but also helps prevent mistakes. The smooth connection with your bank feeds ensures that your financial information remains current and precise, allowing you to concentrate on managing your business with assurance.
Recurring Billing
Xero is an online accounting platform designed to streamline the process of recurring billing. Its feature for automated billing lets you effortlessly handle regular payments for things like subscriptions, rent, utilities, and other ongoing expenses. Additionally, Xero provides the flexibility to set up custom billing schedules and works smoothly with your existing financial information. Simplifying your bookkeeping has never been more straightforward!
Restaurant Accounting
Enhance your efficiency with Xero's user-friendly cloud-based accounting solution designed specifically for the restaurant industry. This software enables you to manage expenses, establish bank feeds, and work seamlessly with your accountant or bookkeeper, all from the convenience of an online platform.
Sales Tax
Xero is a comprehensive cloud-based accounting solution that facilitates the management and calculation of sales tax. With the ability to automatically compute sales tax on transactions and create an unlimited number of custom sales tax rates, you can easily generate reports to assist in preparing your sales tax returns.
School Accounting
Optimize your efficiency with Xero's user-friendly accounting platform. Manage your financial tasks at your convenience, tailored to suit your school's schedule. With its cloud-based infrastructure, Xero enables you to submit expenses, establish bank connections, and work collaboratively with your accountant, bookkeeper, or staff — all from an online environment.
Trucking Accounting
Optimize your efficiency with Xero’s user-friendly online accounting platform. Manage your financial tasks at your convenience, perfectly suited for your trucking enterprise.
Trust Accounting
Xero streamlines the process of managing trusts with ease and effectiveness. Utilizing its cloud-based accounting platform, you can effortlessly manage trust finances, monitor distributions, and generate precise reports. It aids in adhering to tax compliance requirements while offering a transparent view of trust funds. With its intuitive features and smooth integration with your financial information, Xero simplifies trust management, allowing you to save time and minimize complications.
Categories and Features
Accounting
Gravity Software is a cloud-based accounting solution tailored for expanding organizations and those with multiple entities that require enhanced financial oversight, automation, and insight. Developed on the Microsoft Power Platform, Gravity integrates general ledger, accounts payable, accounts receivable, budgeting, multi-currency management, allocations, inventory, procurement, and financial reporting into a unified platform. With Gravity, you can manage various entities within a single database, automate intercompany transactions and consolidations, streamline approval processes, and evaluate financial and operational outcomes using Microsoft Power BI. Power Automate facilitates customizable workflows, while Microsoft 365 Copilot enables authorized users to inquire about real-time Gravity financial data in natural language and access accounting details through familiar Microsoft applications like Outlook and Teams.
Accounts Payable
Gravity Software offers a cloud-based solution for managing accounts payable, specifically designed for organizations that are growing or operate across multiple entities. Developed on the Microsoft Power Platform, Gravity enables finance teams to automate the processing of vendor invoices, manage approvals, and execute payments, all while providing real-time insights into payables and cash flow. With AI-driven accounts payable automation, the solution minimizes manual data entry and reduces the likelihood of errors. Customizable workflows allow invoices to be routed for approval based on various criteria, such as entity, program, project, or monetary amount. Approvers can conveniently access and respond to approvals through Microsoft Outlook or Teams, which enhances efficiency and alleviates delays in the AP process. Advanced dashboards offer clear visibility into pending invoices and approaching due dates. Users can choose from a variety of payment methods, including direct ACH, standard and remote check printing, as well as integration with Bill.com.
Accounts Receivable
Gravity Software offers a cloud-based solution for accounts receivable management tailored for expanding organizations and those with multiple entities. Streamline your billing and collections processes, oversee customer invoices and payments, and achieve immediate insights into your receivables and cash flow. With automated workflows, you can easily send reminders and alerts for overdue payments, while dynamic dashboards and aging reports empower finance teams to monitor pending invoices, payment patterns, and collection efforts. Integrated credit card and ACH processing accelerates customer payments. For organizations with multiple entities, Gravity facilitates the automation of intercompany billing, enabling a single customer payment to be distributed across various invoices, thus minimizing duplicate data entry and simplifying manual reconciliation while maintaining precise records at the entity level.
AP Automation
Gravity Software offers AI-driven automation for accounts payable, specifically designed for expanding organizations and those with multiple entities. Built directly on the Microsoft Power Platform, Gravity enables finance departments to streamline the processing of vendor invoices, minimizing manual data entry errors and expediting approvals from the moment an invoice is received until payment is completed. The platform features customizable workflows that can direct invoices according to various factors such as entity, program, project, vendor, or invoice amount, accommodating multiple levels of approval. Approvers can conveniently review, modify coding or dimensions as needed, reassign tasks, and either approve or decline transactions through Microsoft Outlook or Teams, which alleviates approval delays and reduces unnecessary back-and-forth with the accounts payable department. Once approved, invoices seamlessly integrate into Gravity’s accounting system, ensuring transparency and audit trails while assisting finance teams in enhancing precision, control, and operational efficiency.
Inventory Control
Gravity Software offers a cloud-based inventory management solution tailored for expanding organizations with multiple locations and business entities. Developed on the Microsoft Power Platform, Gravity delivers instant visibility of inventory across various sites, including warehouses, offices, retail spaces, and on-the-go inventory locations, seamlessly linking inventory management with accounting and financial reporting. With Gravity, users can oversee inventory across different legal entities, monitor quantities, costs, valuations, transfers, serialized items, and lot tracking, while also ensuring comprehensive transaction histories and audit trails are maintained. The software accommodates various costing methods, including Standard, FIFO, LIFO, Weighted Average, and Specific ID, and supports adaptable units of measurement. The inventory module integrates smoothly with purchasing processes, sales order management, and Bill of Materials. Additionally, Microsoft Power BI facilitates real-time insights and analytics across financial and operational aspects.
Multi-Entity Accounting
Gravity Software is a cloud-based accounting solution tailored for organizations that operate multiple entities, such as companies, subsidiaries, or locations. Developed on the Microsoft Power Platform, Gravity unifies financial operations within a single, centralized accounting framework. With this software, finance teams can efficiently handle various entities without the need for separate databases, automate intercompany transactions along with due-to/due-from entries, and produce consolidated financial reports with detailed visibility. Users can also evaluate performance through dimensions and custom entity groupings. Additionally, Gravity accommodates multi-currency accounting and enforces entity-level security. The integration of Microsoft Power BI facilitates real-time business insights across different entities, while connections with Teams, Outlook, SharePoint, and Excel enhance financial workflows, enabling organizations to scale seamlessly as they expand.