Compare MoneyWorks and Xero 
At a Glance
Market Segments
Small-Business (49.0% of reviews)
Small-Business (78.2% of reviews)
Entry-Level Pricing
$499.00
$13.00 Per Month
MoneyWorks
Star Rating
(52)4.3 out of 5
Market Segments
Small-Business (49.0% of reviews)
Entry-Level Pricing
$499.00
Browse all 4 pricing plansXero
Star Rating
(720)4.3 out of 5
Market Segments
Small-Business (78.2% of reviews)
Entry-Level Pricing
$13.00 Per Month
Free Trial is available
Browse all 3 pricing plansSummary
AI Generated Summary
AI-generated. Powered by real user reviews.
- Users report that Xero excels in "Bank / Credit Card Integration" with a score of 8.7, making it easier for small businesses to manage their finances seamlessly. In contrast, MoneyWorks, while still functional, has a lower score of 8.3 in this area, which may lead to more manual entry and potential errors.
- Reviewers mention that Xero's "Digital Invoices" feature is highly rated at 8.5, allowing for efficient invoice generation and delivery. MoneyWorks, however, has a slightly lower score of 8.4 for "Invoice Customization," which could limit flexibility in tailoring invoices to specific business needs.
- G2 users highlight Xero's superior "Expense Reports" functionality, particularly in "Ease of Creating Expense Reports" with a score of 7.9. MoneyWorks does not have a comparable feature that stands out, which may hinder users looking for streamlined expense management.
- Users on G2 report that Xero's "Recurring Invoices" feature scores 8.6, making it easier for businesses to automate billing processes. MoneyWorks, while offering similar functionality, scores slightly lower at 8.3, which may affect user satisfaction in managing recurring payments.
- Reviewers say that Xero's "Inventory Management" capabilities, particularly in "Inventory Tracking" with a score of 8.5, provide robust tools for businesses to monitor stock levels effectively. MoneyWorks, on the other hand, has a lower score of 8.4 in "Inventory Pricing and Costing," which could impact businesses that require detailed inventory management.
- Users report that Xero's "Quality of Support" is rated at 7.8, which some find lacking compared to MoneyWorks' higher score of 8.3. This difference may influence users who prioritize responsive customer service and support in their software choice.
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Pricing
Entry-Level Pricing
Xero
Starter / Early
$13.00
Per Month
Good for sole traders, new businesses, and the self-employed.
- Send quotes and 20 invoices
- Enter 5 bills
- Reconcile bank transactions
Free Trial
MoneyWorks
No trial information availableXero
Free Trial is available
Ratings
Meets Requirements
8.6
46
8.5
572
Ease of Use
9.0
46
8.7
588
Ease of Setup
7.6
7
8.3
291
Ease of Admin
8.3
7
8.6
242
Quality of Support
8.3
43
7.8
512
Has the product been a good partner in doing business?
8.1
7
8.4
236
Product Direction (% positive)
8.0
46
8.2
558
Features by Category
Expense Reports
Not enough data
7.9
66
Not enough data
8.7
64
Not enough data
7.8
57
Not enough data
8.2
61
Not enough data
7.8
60
Not enough data
7.9
57
Not enough data
8.3
58
Travel Management
Not enough data
7.5
57
Not enough data
6.2
53
Not enough data
5.6
51
Not enough data
7.2
54
Client Invoicing
Not enough data
8.8
63
Not enough data
8.5
59
Not enough data
7.8
60
Mobile
Not enough data
7.7
61
Not enough data
6.6
50
Not enough data
6.0
50
Platform
Not enough data
6.8
52
Not enough data
6.7
54
Administration
Not enough data
7.1
47
Administration
Not enough data
7.9
66
Not enough data
7.8
64
Not enough data
7.7
65
Not enough data
7.6
59
Not enough data
8.3
66
Platform
Not enough data
8.3
69
Not enough data
8.3
60
Not enough data
7.8
57
Not enough data
8.8
67
Not enough data
7.6
58
Not enough data
5.7
54
General Ledger
8.9
40
|
Verified
8.4
302
|
Verified
8.2
39
|
Verified
7.9
268
|
Verified
8.7
39
|
Verified
8.3
280
|
Verified
Accounts Receivable
8.4
40
|
Verified
8.5
316
|
Verified
8.1
39
|
Verified
8.0
231
8.4
38
|
Verified
7.9
254
|
Verified
Accounts Payable
8.3
39
|
Verified
8.1
229
8.7
38
|
Verified
8.4
286
|
Verified
8.6
37
|
Verified
8.2
264
|
Verified
Other Functionality
8.4
35
|
Verified
7.3
215
8.3
36
7.4
219
8.3
37
|
Verified
7.5
211
|
Verified
8.1
39
|
Verified
7.5
237
|
Verified
8.2
38
|
Verified
8.2
266
|
Verified
8.3
40
|
Verified
8.8
311
|
Verified
8.5
39
|
Verified
7.9
248
|
Verified
8.5
41
|
Verified
7.9
255
Reporting & Analytics
8.7
41
|
Verified
8.7
322
|
Verified
8.4
37
|
Verified
8.4
307
|
Verified
8.5
40
|
Verified
7.8
230
|
Verified
8.3
40
|
Verified
8.5
322
|
Verified
Platform
8.3
38
|
Verified
7.8
277
|
Verified
8.4
39
|
Verified
7.8
267
8.8
39
|
Verified
8.5
310
|
Verified
8.0
37
|
Verified
8.0
235
|
Verified
8.5
40
|
Verified
8.7
316
|
Verified
8.6
37
|
Verified
8.4
280
|
Verified
Integration
8.3
38
|
Verified
8.4
297
|
Verified
7.7
37
|
Verified
8.4
222
Feature Not Available
8.2
260
|
Verified
Cash Flow
7.6
9
|
Verified
8.3
190
|
Verified
8.1
9
|
Verified
8.7
211
|
Verified
8.3
8
|
Verified
8.4
192
|
Verified
Budgeting & Forecasting
8.5
40
|
Verified
7.8
230
|
Verified
7.9
8
|
Verified
8.3
188
|
Verified
7.7
8
|
Verified
7.9
159
|
Verified
7.9
8
|
Verified
8.2
185
|
Verified
Revenue
8.1
7
|
Verified
8.5
198
|
Verified
7.3
8
|
Verified
8.3
192
|
Verified
8.1
8
7.7
169
|
Verified
Payroll
Feature Not Available
7.8
153
|
Verified
Not enough data
7.3
145
|
Verified
7.7
5
|
Verified
8.1
179
|
Verified
8.1
6
|
Verified
8.6
190
|
Verified
AI
Not enough data
6.2
25
Not enough data
6.3
25
Not enough data
6.3
25
Not enough data
5.8
25
Not enough data
6.2
26
Not enough data
5.4
24
Not enough data
7.4
25
Not enough data
7.0
23
Not enough data
6.0
24
Not enough data
6.3
24
Mobile Applications - Accounting
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
General Ledger
8.9
40
|
Verified
8.4
302
|
Verified
8.2
39
|
Verified
7.9
268
|
Verified
8.7
39
|
Verified
8.3
280
|
Verified
Accounts Receivable
8.4
40
|
Verified
8.5
316
|
Verified
8.1
39
|
Verified
8.0
231
8.4
38
|
Verified
7.9
254
|
Verified
Accounts Payable
8.3
39
|
Verified
8.1
229
8.7
38
|
Verified
8.4
286
|
Verified
8.6
37
|
Verified
8.2
264
|
Verified
Invoice Generation
Not enough data
7.9
75
Not enough data
8.6
74
Not enough data
8.6
71
Invoice Processing
Not enough data
7.9
70
Not enough data
8.0
71
Not enough data
7.4
71
Not enough data
8.5
78
Analytics
Not enough data
8.4
73
Not enough data
8.0
73
Not enough data
7.5
67
Not enough data
8.3
75
Integration
Not enough data
8.9
79
Not enough data
8.4
74
Not enough data
7.4
67
Not enough data
8.1
76
Multichannel inventory management
Not enough data
7.9
23
Not enough data
8.3
23
Not enough data
7.7
23
3PL inventory management
Not enough data
8.6
24
Not enough data
8.0
24
Not enough data
8.1
23
Inventory Management
Not enough data
8.5
24
Not enough data
8.1
24
Not enough data
8.2
23
Not enough data
8.0
23
Not enough data
8.8
23
Inventory Management Platform Features
Not enough data
8.3
24
Not enough data
8.6
25
Not enough data
7.9
25
Not enough data
7.8
23
Not enough data
7.8
23
Not enough data
8.3
26
Not enough data
8.0
24
Not enough data
8.6
23
Not enough data
8.9
25
Not enough data
9.1
25
Bill Generation
Not enough data
7.5
71
Not enough data
8.1
73
Not enough data
8.2
74
Bill Processing
Not enough data
7.2
73
Not enough data
7.8
72
Not enough data
8.0
73
Integration
Not enough data
8.6
82
Not enough data
8.2
76
Not enough data
7.1
66
Categories
Categories
Shared Categories
MoneyWorks and Xero are categorized as Accounting
Unique Categories
MoneyWorks has no unique categories
Xero is categorized as Invoice Management, Inventory Control, Expense Management, Billing, and Nonprofit Accounting
Reviews
Reviewers' Company Size
MoneyWorks
Small-Business(50 or fewer emp.)
Mid-Market(51-1000 emp.)
Enterprise(> 1000 emp.)
Xero
Small-Business(50 or fewer emp.)
Mid-Market(51-1000 emp.)
Enterprise(> 1000 emp.)
Small-Business
(50 or fewer emp.)
Mid-Market
(51-1000 emp.)
Enterprise
(> 1000 emp.)
Reviewers' Industry
Financial Services
19.6%
Accounting
17.6%
Banking
5.9%
Retail
3.9%
Real Estate
3.9%
Other
49.0%
Accounting
24.9%
Computer Software
8.8%
Information Technology and Services
7.7%
Marketing and Advertising
5.8%
Financial Services
3.3%
Other
49.5%
Most Helpful Reviews
MoneyWorks
Most Helpful Favorable Review
Douglas P.
Verified User in Electrical/Electronic Manufacturing
It makes my job easier, fast and efficient. No more overtime in doing payroll of over 1000 employees. this is a software that every company must have
Most Helpful Critical Review
Sanjeev K.
Verified User in Legal Services
Not very trustworthy. I am not getting confidence here
Xero
Most Helpful Favorable Review
Dave O.
Verified User in Telecommunications
I switched from Quickbooks because Xero is online. Since then I've grown to love many other things compared to Quickbooks. Bank feeds make data entry minimal and bank recs easy. Xero is rapidly growing and improving. Some features were limited a few years...
Most Helpful Critical Review
Dimitri S.
Verified User in Broadcast Media
As business grew I noticed most features felt unpolished and were lacking functionality that would make them feel complete. To add the functionality that you expect would have been built in required several apps each with their own monthly fee. Some...
Douglas P.
Verified User in Electrical/Electronic Manufacturing
It makes my job easier, fast and efficient. No more overtime in doing payroll of over 1000 employees. this is a software that every company must have
Dave O.
Verified User in Telecommunications
I switched from Quickbooks because Xero is online. Since then I've grown to love many other things compared to Quickbooks. Bank feeds make data entry minimal and bank recs easy. Xero is rapidly growing and improving. Some features were limited a few years...
Sanjeev K.
Verified User in Legal Services
Not very trustworthy. I am not getting confidence here
Dimitri S.
Verified User in Broadcast Media
As business grew I noticed most features felt unpolished and were lacking functionality that would make them feel complete. To add the functionality that you expect would have been built in required several apps each with their own monthly fee. Some...
Alternatives
Discussions
MoneyWorks has no discussions with answers
We run almost everything on Xero ourselves but can you recommend a remote bookkeeper who understands UK tax issues who I can consult occasionally to sort things out for me in the system.
2 comments
IC
Xero's advisor directory can help you find an accountant nearby.Read more
What is Xero software used for?
2 comments
BA
The process of recording financial transactions and managing financial records.Read more
Is XERO a good accounting software?
2 comments
RB
Xerox is user-friendly accounting software. Read more
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