Xero vs SlickPie

Last Updated:

Our analysts compared Xero vs SlickPie based on data from our 400+ point analysis of Accounting Software, user reviews and our own crowdsourced data from our free software selection platform.

Product Basics

Xero is a cloud-based accounting software designed for small businesses. It streamlines bookkeeping tasks like invoicing, expense tracking, bank reconciliation, and payroll, all accessible from any device. Xero boasts user-friendly interfaces and automated features, saving time and simplifying financial management. Popular features include online invoicing with reminders, bank feeds for automatic transaction import, and customizable reports for insights into cash flow and profitability. While Xero caters well to various industries, its strengths lie in freelancer/contractor work, startups, and service-based businesses. Pricing scales with business size and complexity, starting at a monthly subscription for basic accounting needs and increasing with additional features and users. Compared to some competitors, Xero offers a robust mobile app, strong integrations with third-party tools, and a focus on user experience. However, it may lack advanced inventory management or complex accounting functions suited for larger enterprises. Ultimately, Xero's value proposition lies in its ease of use, automation, and scalability, making it a popular choice for small businesses seeking a streamlined and efficient accounting solution.

Pros:
  • Cloud-based access anywhere
  • Easy invoicing and expense tracking
  • Automated bank reconciliation
  • User-friendly interface
  • Mobile app for on-the-go use
Cons:
  • Learning curve for new users
  • Limited inventory management
  • No built-in payroll (separate fee)
  • Higher cost for advanced features
  • Limited phone support
read more...
SlickPie is a comprehensive, user-friendly solution designed for small businesses. It offers simple yet innate bookkeeping procedures to keep financial processes headache-free. Access financial data from any location, obtain 24/7 clientele payment management, and execute automatic transactions with recurring invoices and payment reminders.

Its top features include online invoicing and billing, automated data entry, live bank feeds, financial reports, bank reconciliations, multi-currency and quote creation. Access numerous reports from balance sheets and general ledgers to journal reports and more. SlickPie permanently closed in March 2021.
read more...
$15 Monthly
Get a free price quote
Tailored to your specific needs
$39.95 Monthly
Get a free price quote
Tailored to your specific needs
Small 
i
Medium 
i
Large 
i
Small 
i
Medium 
i
Large 
i
Windows
Mac
Linux
Android
Chromebook
Windows
Mac
Linux
Android
Chromebook
Cloud
On-Premise
Mobile
Cloud
On-Premise
Mobile

Product Assistance

Documentation
In Person
Live Online
Videos
Webinars
Documentation
In Person
Live Online
Videos
Webinars
Email
Phone
Chat
FAQ
Forum
Knowledge Base
24/7 Live Support
Email
Phone
Chat
FAQ
Forum
Knowledge Base
24/7 Live Support

Product Insights

  • Affordable Payroll: Take advantage of the free trial to see how much time automated data entry can save and assess if the solution is a good fit for the business. Save countless hours on tracking expenses, calculating payments, processing payroll and more.
  • Better Interoperability: Centralize company processes and handle a wide range of functionality with more than 700 add-ons available through the app marketplace. This includes programs for CRM, e-commerce, inventory, invoicing, job tracking, payroll, time and attendance and more.
  • Centralizes Data and Processes: Organize information and put the primary software that handles day-to-day issues all in one place. Manage files to a document library where users can see originals next to updated versions. Send files to stakeholders to ensure a clear flow of information.
  • Saves Time: Eliminate tedious data entry and ensure better data integrity by cutting down on human error. Provide a clear documentation trail to ensure that the business is running ethically and save time hunting for documents when it’s time to verify the information.
read more...
  • Review Various Reports: Obtain aged receivables and payables, balance sheets, general ledgers, trial balances, journal reports and other accounting reports available through the accounting module. Stay informed about business finances and make reasonable business decisions. 
  • Stay On Top of Bills: Include new bills with appropriate company accounting information like dates, amounts, vendors, products and quantities with the billing tool. Automatically sync data throughout the system to stay in the financial loop.
  • Work With Various Currencies: Leverage the multi-currency module with international clients and vendors by enabling them to send invoices in any currency. Establish a default currency for more accessible conversions. 
  • Generate Automatic Quotes: Construct quotes and estimates in only a few seconds and send them to current and prospective patrons with the amount charged for each good or service for faster payments and acceptances. 
  • Send Payment Reminders: Activate automatic payment reminders to keep customers aware of due and past due compensation. Get paid faster with automatic notifications and little or no extra effort to reach out to customers and clients by hand. 
  • Manage Paperless Receipts and Bills: Save bills and receipts as JPG, PNG, GIF or PDF formats or email them to a Dropbox folder. Upload files to Dropbox folders via mobile devices. Files are promptly read and converted into transactions for evaluation, eliminating manual information inputting.
  • Supervise Real-time Bank Feeds: Review live bank feeds and link to most major banks worldwide. Update feeds automatically to understand balance and cash flow health. 
  • Utilize Intricate Security: Employ military-caliber 256-bit encryption to guarantee user data protection. Log out automatically after no activity for one hour. Allow only authorized users to gain access if invited. Data centers contain biometric systems, video cameras and 24/7 onsite security guards. 
  • Access On Mobile Devices: Implement this system from any iOS, Android and Windows-based phone or tablet to receive real-time data on the go. 
  • Gain an All-digital Database: Attach business documents and financial information to reduce clicks. Create and store specific transaction evidence for audit trails. 
read more...
  • Payroll Processing: Provide payroll across 50 states. See when payments are due, track them and ensure on time payment. Analyze accounts payable with a quick view, schedule advanced payments and make batch payments.
  • Banking: Connect to the right bank to track and facilitate transactions daily. Keep an eye on the flow of money through a secure connection that goes directly into the solution.
  • Expense Management: Seamlessly track and manage expense claims. Access real-time data and reports that provide insight into patterns and trends. Record costs, see and approve claims, view overall spending and dole out reimbursements. Capture receipts to monitor employee spending and verify costs.
  • Project Management: Integrate with other workflows to facilitate financial project management. Provide a quote for client work before you begin to track time, costs, profitability and other variables for an accurate invoice.
  • Customer History: Use smart lists and contacts to contact details, emails, past sales, emails, invoices, past payments and more when working with a partner or client.
  • Mobile App: Let users track bank transactions, send invoices, access supplier details and more, from any mobile device.
  • Inventory Management: Undertake basic inventory management, including taking inventory, seeing what was bought or sold, look at reports on how well items are doing and get invoices and orders.
  • Gusto Integration: Calculate and pay taxes, deductions and employees through an integration with the accounting software Gusto. Simplify compliance and keep on top of industry updates.
  • Other Capabilities: Processes payment in multiple currencies, calculates sales taxes, tracks purchase orders, manages files and does several other administrative tasks.
read more...
  • Invoices: Implement predetermined invoice templates or formats. Install automatic, recurring invoices that send to the same clients with the same conditions, get prompt payments when clients hit the simple payment link, and directly pay with a credit card or PayPal
  • Payment Modes: Compensate invoices with Visa, MasterCard, American Express, PayPal or Stripe for faster online payments and better deadline management. Utilize encrypted data for all transactions for enhanced security.
  • MagicBot and Expense: Input expenses and transactions manually or perform automatic scans. Attach source documents or mark billable fees. Draft personalized payments for all costs. 
  • Sales Tax: Manage municipal, state, regional, provincial, federal and other tax types that apply to company accounts. Create several tax names and connect them to specific products or repeating transactions. 
  • Bank Reconciliation: Import information from bank accounts, credit cards and PayPal transactions to verify current books and accounts. Reconcile all payments made within the last year in minutes instead of hours. 
  • User Management: Add additional users and companies, from accountants and business partners to staff members and external companies, without limitations for effective centralization. 
  • Transactions History: Use detailed purchasing data, such as dates, amounts paid, amounts received, taxes, fees, side notes, credits, interests, client information, chart of account, previous related acquisitions and more, for in-depth monitoring. 
read more...

Product Ranking

#3

among all
Accounting Software

#50

among all
Accounting Software

Find out who the leaders are

Analyst Rating Summary

92
we're gathering data
93
we're gathering data
97
we're gathering data
100
we're gathering data
Show More Show More

Analyst Ratings for Functional Requirements Customize This Data Customize This Data

Xero
SlickPie
+ Add Product + Add Product
Accounts Payable Accounts Receivable Banking And Cash Management Budget And Expense Management Financial Statements And Revenue Management General Ledger And Chart Of Accounts Integration And Extensibility Inventory Management Journal Entries Mobile Support Multi-company Accounting And Asset Management Platform Capabilities Project Accounting Reporting And Analytics Tax Management 93 97 100 89 89 100 100 83 100 100 79 89 100 90 92 0 25 50 75 100
78%
22%
0%
we're gathering data
N/A
we're gathering data
N/A
we're gathering data
N/A
94%
0%
6%
we're gathering data
N/A
we're gathering data
N/A
we're gathering data
N/A
100%
0%
0%
we're gathering data
N/A
we're gathering data
N/A
we're gathering data
N/A
69%
23%
8%
we're gathering data
N/A
we're gathering data
N/A
we're gathering data
N/A
71%
14%
15%
we're gathering data
N/A
we're gathering data
N/A
we're gathering data
N/A
100%
0%
0%
we're gathering data
N/A
we're gathering data
N/A
we're gathering data
N/A
100%
0%
0%
we're gathering data
N/A
we're gathering data
N/A
we're gathering data
N/A
86%
0%
14%
we're gathering data
N/A
we're gathering data
N/A
we're gathering data
N/A
100%
0%
0%
we're gathering data
N/A
we're gathering data
N/A
we're gathering data
N/A
100%
0%
0%
we're gathering data
N/A
we're gathering data
N/A
we're gathering data
N/A
60%
20%
20%
we're gathering data
N/A
we're gathering data
N/A
we're gathering data
N/A
89%
0%
11%
we're gathering data
N/A
we're gathering data
N/A
we're gathering data
N/A
100%
0%
0%
we're gathering data
N/A
we're gathering data
N/A
we're gathering data
N/A
84%
5%
11%
we're gathering data
N/A
we're gathering data
N/A
we're gathering data
N/A
80%
0%
20%
we're gathering data
N/A
we're gathering data
N/A
we're gathering data
N/A

Analyst Ratings for Technical Requirements Customize This Data Customize This Data

33%
0%
67%
we're gathering data
N/A
we're gathering data
N/A
we're gathering data
N/A
100%
0%
0%
we're gathering data
N/A
we're gathering data
N/A
we're gathering data
N/A

User Sentiment Summary

Great User Sentiment 4652 reviews
Excellent User Sentiment 25 reviews
86%
of users recommend this product

Xero has a 'great' User Satisfaction Rating of 86% when considering 4652 user reviews from 5 recognized software review sites.

93%
of users recommend this product

SlickPie has a 'excellent' User Satisfaction Rating of 93% when considering 25 user reviews from 3 recognized software review sites.

4.4 (17)
4.8 (3)
4.3 (339)
4.7 (17)
4.33 (2132)
n/a
4.3 (1877)
n/a
4.3 (287)
4.5 (5)

Awards

SelectHub research analysts have evaluated Xero and concluded it earns best-in-class honors for Integration and Extensibility and Mobile Support.

Integration and Extensibility Award
Mobile Support Award

SlickPie stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award

Synopsis of User Ratings and Reviews

Affordable: Of all the reviews that mentioned price, over 70% felt it was well within their price range and felt satisfied.
Good Customer Service: Over 70% of reviews that mentioned the customer support said they received excellent service, especially from their reps.
Excellent Functionality: In more than 50% of all reviews that mentioned features, users were happy with its capabilities. They especially like the integrations, reconciliation process, invoices and accounting functions.
Simple and intuitive interface: Xero's clean layout and straightforward navigation make it easy for users of all skill levels to manage their finances. In over 80% of reviews that mentioned the UI, users said it was easy to navigate.
Automated tasks: Xero automates repetitive tasks like invoicing, expense tracking, and bank reconciliation, saving users valuable time and reducing errors.
Mobile app for on-the-go access: Manage your finances and stay up-to-date on your business performance anytime, anywhere with Xero's mobile app.
Customizable reports and dashboards: Gain valuable insights into your cash flow, profitability, and other key financial metrics with Xero's customizable reports and dashboards.
Multi-user access and permissions: Collaborate with team members and advisors seamlessly with Xero's secure multi-user access and permission controls.
Show more
Easy Invoicing: Users appreciate the straightforward process of creating and sending invoices, noting that it's simple to customize invoices with their company logo and branding.
Bank Reconciliation: Many users find the bank reconciliation feature helpful, as it allows them to easily match transactions between their bank statements and SlickPie records.
Expense Tracking: Users like the ability to track expenses by category, which helps them gain insights into their spending habits and make informed financial decisions.
Reporting Capabilities: Users find the reporting features useful for generating financial statements, such as profit and loss statements and balance sheets, which provide valuable insights into their business performance.
Show more
Limited inventory management: Xero lacks advanced inventory tracking features, making it less suitable for businesses with complex inventory needs.
Learning curve for complex features: While basic tasks are easy, some advanced features like multi-currency accounting can be challenging for non-accountants to navigate. Though the system was widely popular after implementation, users said it was old-fashioned and had a steep learning curve in 20% of reviews that mentioned the UI.
Higher cost for advanced features: Access to advanced features like payroll processing and multi-currency comes at a higher price point, potentially exceeding budgets for smaller businesses.
Limited phone support: Xero primarily relies on email and live chat for support, which may not be ideal for users seeking immediate assistance with critical issues.
Integration limitations: While offering many integrations, some key business tools may not have seamless integration with Xero, requiring workarounds or data duplication.
Invoices: While around 60% of users felt that the invoicing system worked well, around 40% said they had trouble making changes to them once they were saved.
Downgrading Issues: Around 20% of reviews that mentioned price said they had issues while trying to go to a lower pricing tier and often ended up paying a month or more at a higher rate.
Show more
Limited Customization: Some users have found that SlickPie's customization options are limited, making it difficult to tailor the software to their specific business needs. For example, they may not be able to create custom reports or modify the layout of invoices to match their branding.
Mobile App Limitations: The mobile app, while functional, lacks some of the features available in the desktop version. This can be a drawback for businesses that need to access and manage their finances on the go. For example, users may not be able to create invoices or reconcile bank accounts from their mobile devices.
Integration Challenges: SlickPie's integration capabilities with other business applications can be limited. This can make it difficult to streamline workflows and automate tasks, especially for businesses that rely on multiple software solutions. For example, users may struggle to connect SlickPie with their e-commerce platform or payment gateway.
Customer Support Issues: Some users have reported issues with customer support responsiveness and quality. This can be frustrating for businesses that need quick assistance with technical problems or account-related inquiries. For example, users may experience long wait times or receive unhelpful responses from support staff.
Show more

Xero’s users say it’s easy to use and has good accounting and bookkeeping capabilities. Most found the price to be acceptable, with some complaints about issues they ran into while trying to switch to a lower pricing tier. More than 70% loved the customer service and felt their representatives were extremely helpful. It has a range of features including band feeds, invoice creation, integrations and reconciliation processes. The reconciliation was particularly popular with over 80% of reviewers who mentioned it describing positive experiences. One issue with the system came in making updates to invoices after they’d been saved. Some users said they were sent prematurely to clients or claimed to have difficulties changing the data at a later date. Many also felt that the implementation process for the new platform was difficult, but that once they learned where things were they felt comfortable. This may be a good choice for small and medium businesses. Larger companies should consider a system that’s able to handle a higher volume.

Show more

Is SlickPie the real deal or just a pie in the sky? SlickPie is a free online accounting software that offers a variety of features for small businesses, including invoicing, expense tracking, and financial reporting. While SlickPie is lauded for its free core features, user reviews highlight some key weaknesses. Users often complain about the software's lack of advanced features, such as inventory management and payroll. Some users also find the interface to be clunky and difficult to navigate. SlickPie's free plan is a great starting point for early-stage businesses looking to minimize overhead costs, but as businesses grow, they may need to upgrade to a paid plan or switch to a more robust accounting software. SlickPie's strengths lie in its simplicity and ease of use. Users praise the software's intuitive interface and straightforward features. The software is also highly customizable, allowing users to tailor it to their specific needs. SlickPie's free plan is a major differentiator, as it allows businesses to access core accounting features without any time or user restrictions. This is a significant advantage over other accounting software providers that offer free trials but then require users to pay for a subscription. SlickPie is best suited for small businesses and solopreneurs who are looking for a simple and affordable accounting solution. The software is ideal for businesses that don't require advanced features like inventory management or payroll. However, if a business needs more robust features, they may need to consider a paid plan or a different accounting software altogether.

Show more

Screenshots

Top Alternatives in Accounting Software


Accounting Seed

Acumatica

BQE Core

Dynamics 365 Finance

FreeAgent

Freshbooks

Manager

Odoo Accounting

Oracle Financials Cloud

Patriot Accounting

QuickBooks Online

Sage 50cloud Accounting

Sage Intacct

SAP Business One

SAP S/4 HANA Finance

TallyPrime

Wave Accounting

Workday Financial Management

ZarMoney

Zoho Books

Related Categories

Show more

Head-to-Head Comparison

WE DISTILL IT INTO REAL REQUIREMENTS, COMPARISON REPORTS, PRICE GUIDES and more...

Compare products
Comparison Report
Just drag this link to the bookmark bar.
?
Table settings