Xero vs WinTeam

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

WinTeam Software Tool

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
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WinTeam is a business administration solution intended to systemize operations, harmonize accounting practices and offer transparent understandings of profitability. Users can employ WinTeam to integrate with other departments throughout an organization such as human resources, payroll and analytics to create a cohesive experience. WinTeam also integrates with TeamTime and eHub to optimize attendance management and provide a self-sufficient portal for employees and clients. Other key features include analytics, accounting and KPI overview.
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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.
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  • Cohesive Gauging: WinTeam offers a concise holistic system to measure finances, workforce management, daily operations and more. 
  • Paperless Time Sheets: Employees can clock in and out with WinTeam's mobile app, eliminating paper time sheets with the TimeTeam integrations. TimeTeam automatically converts timekeeping metrics into usable data for payroll, invoicing and reporting. 
  • HR-Friendly: This solution assists any HR team with tracking time off, absences, experience, certifications and revenue. There's also an insurance benefits management tool that assists employees in meeting the proper health insurance requirements. 
  • Variety of Reports: Users have more than 100 reports to choose from and a robust dashboard that measures performance within an organization. Users can also use filters to find specific information. 
  • Operate with Ease: WinTeam enables users to efficiently perform operations such as importing schedule data, processing deductions and editing batches of checks. 
  • Helpful Customer Service: If problems arise, WinTeam's helpful customer service efficiently solves issues and steers users in the right direction. 
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  • 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.
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  • Overview of Funds: The general ledger module enables users to track and document every financial transaction performed within the business. 
  • Smooth Out Accounting Methods: Users can employ the accounts payable accessory to save and store data so it can automate the accounting processes with recurring payments, payroll integration and vendor management.  
  • Valuable Company Data: The insights tool displays key performance indicators (KPIs) in understandable graphs and charts. Users can also review employee overtime, budgets, revenue and customer information. 
  • Intricate Analytics: Users can utilize report templates and dashboards in the business intelligence analytics module to get real-time analytics. This accessory is powered by SAP BusinessObjects and a WinTeam data warehouse to generate shareable schedules or custom reports.  
  • Create Checkpoints: The quality assurance feature allows users to create checkpoints. Checkpoints are utilized with customers or stakeholders to create and respond to questions, perform tasks based on responses and share outcomes. 
  • Employ a Master Schedule: Users can utilize a master schedule in the work and employee accessory to plan ahead and identify overtime opportunities. Filters and notifications enable users to swiftly schedule work to the ideal employee. 
  • Cohesive Payroll: The work and employee component supports blends AR and payroll so users can produce productive workflows and hassle-free paychecks and billing methods. 
  • Track Labor Costs: Users can use the operations and workforce management module to connect labor materials and other operational costs to a specified work location, permitting them to review which accounts are driving profits. 
  • Evaluate Inventory Needs: The inventory accessory provides building service and security contractors with the essential tools needed to monitor inventory demands. These tools include supply and revenue management, resale options, payroll integration for uniform and equipment costs and equipment tracking tools.  
  • Ensure the Best Quality: Users can implement cleaning inspections, resolve deficiencies, study trends and address clients' needs with the inspections and quality assurance accessory.  
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Product Ranking

#3

among all
Accounting Software

#172

among all
Accounting Software

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Analyst Rating Summary

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Analyst Ratings for Functional Requirements Customize This Data Customize This Data

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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
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User Sentiment Summary

Great User Sentiment 4652 reviews
Great User Sentiment 234 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.

88%
of users recommend this product

WinTeam has a 'great' User Satisfaction Rating of 88% when considering 234 user reviews from 2 recognized software review sites.

4.4 (17)
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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

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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.
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Streamlined Invoicing: Users praise WinTeam's intuitive interface for creating and sending invoices, simplifying the billing process.
Efficient Expense Tracking: The software allows for easy tracking of expenses, which is essential for maintaining accurate financial records.
Robust Reporting Features: WinTeam provides comprehensive reporting tools that enable users to generate insightful financial reports for analysis and decision-making.
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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.
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Limited Reporting Functionality: Users have expressed frustration with the software's limited reporting capabilities, particularly when it comes to generating customized reports for specific needs.
Steep Learning Curve: Many users have reported that WinTeam has a steep learning curve, making it challenging for new users to quickly adapt and utilize the software effectively. The interface is not considered intuitive, and navigating through the various features can be cumbersome.
Occasional Bugs and Glitches: While not widespread, some users have reported encountering occasional bugs and glitches within the software, leading to frustration and potential data inaccuracies. These issues can range from minor inconveniences to more significant problems that disrupt workflow.
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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.

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Is WinTeam a win for your team? User reviews for WinTeam are largely positive, with users praising its user-friendly interface, adaptability, and cost-effectiveness. These features are critical for businesses seeking accounting software that is easy to learn, can be customized to their specific needs, and doesn't break the bank. However, some users have reported occasional bugs, which can be frustrating and disrupt workflow. WinTeam's unique job-centric approach, where every transaction is linked to a specific job or site, is a major differentiator. This allows for detailed budgeting and cost tracking, enabling businesses to accurately assess the profitability of individual projects. For example, a cleaning company can use WinTeam to track labor, material, and other costs associated with each cleaning contract, providing valuable insights into which jobs are most profitable. This granular level of detail is essential for making informed decisions and maximizing profit margins. While WinTeam offers robust features for managing finances, some users have reported that the software can be glitchy at times. Overall, WinTeam is best-suited for small to medium-sized businesses, particularly those in the cleaning and security industries, that require a comprehensive and affordable accounting solution. Its job costing capabilities make it particularly valuable for businesses that need to track costs at a granular level. However, potential users should be aware of the reported bugginess and weigh it against the software's strengths before making a decision.

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