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Xendoo Review: Pros, Cons, Features and Pricing

Xendoo is a cloud-based online accounting software and bookkeeping solution designed to simplify financial management for small businesses. It's particularly beneficial for retail and service-based businesses needing real-time financial insights and streamlined bookkeeping. Xendoo offers efficient bookkeeping and reporting solutions, ensuring small businesses stay financially organized.

Xendoo addresses common pain points like time-consuming bookkeeping and lack of financial clarity, serving finance teams and small business owners. In this article, I'll cover Xendoo's features, pros and cons, use cases, and pricing to help you decide if this software aligns with your financial management needs and goals.

Xendoo Evaluation Summary

Xendoo handles bookkeeping and accounting with real-time financial insights.
Rating
5 /5
Pricing
  • From $395/month (billed annually)
  • Free consultation available

Why Trust Our Software Reviews

Xendoo Overview

In my opinion, Xendoo is a solid choice for online accounting, especially for small to medium-sized businesses. It offers a straightforward interface and essential features that are easy to navigate. While it's not the most feature-rich option, it does a decent job with what it offers, such as bookkeeping and financial reporting. You might find its onboarding process smooth but not exceptional. Customer support is reliable, though not outstanding. Compared to some competitors, Xendoo is priced reasonably, making it a good value for money. It suits teams looking for an affordable, no-frills accounting solution without the bells and whistles of more complex platforms. If you're seeking advanced integrations or extensive customization, you might want to explore other providers.

How We Test & Score Tools

We’ve spent years building, refining, and improving our software testing and scoring system. The rubric is designed to capture the nuances of software selection and what makes a tool effective, focusing on critical aspects of the decision-making process.

Below, you can see exactly how our testing and scoring works across seven criteria. It allows us to provide an unbiased evaluation of the software based on core functionality, standout features, ease of use, onboarding, customer support, integrations, customer reviews, and value for money.

Core Functionality (25% of final scoring)

The starting point of our evaluation is always the core functionality of the tool. Does it have the basic features and functions that a user would expect to see? Are any of those core features locked to higher-tiered pricing plans? At its core, we expect a tool to stand up against the baseline capabilities of its competitors.

Standout Features (25% of final scoring)

Next, we evaluate uncommon standout features that go above and beyond the core functionality typically found in tools of its kind. A high score reflects specialized or unique features that make the product faster, more efficient, or offer additional value to the user.

We also evaluate how easy it is to integrate with other tools typically found in the tech stack to expand the functionality and utility of the software. Tools offering plentiful native integrations, 3rd party connections, and API access to build custom integrations score best.

Ease of Use (10% of final scoring)

We consider how quick and easy it is to execute the tasks defined in the core functionality using the tool. High scoring software is well designed, intuitive to use, offers mobile apps, provides templates, and makes relatively complex tasks seem simple.

Onboarding (10% of final scoring)

We know how important rapid team adoption is for a new platform, so we evaluate how easy it is to learn and use a tool with minimal training. We evaluate how quickly a team member can get set up and start using the tool with no experience. High scoring solutions indicate little or no support is required.

Customer Support (10% of final scoring)

We review how quick and easy it is to get unstuck and find help by phone, live chat, or knowledge base. Tools and companies that provide real-time support score best, while chatbots score worst.

Customer Reviews (10% of final scoring)

Beyond our own testing and evaluation, we consider the net promoter score from current and past customers. We review their likelihood, given the option, to choose the tool again for the core functionality. A high scoring software reflects a high net promoter score from current or past customers.

Value for Money (10% of final scoring)

Lastly, in consideration of all the other criteria, we review the average price of entry level plans against the core features and consider the value of the other evaluation criteria. Software that delivers more, for less, will score higher.

Core Features

Monthly Financial Reports

Xendoo provides monthly reports, including your balance sheet, that give you a clear snapshot of your financial health. These reports help you make informed decisions at a glance.

Bookkeeping Automation

Automate your bookkeeping tasks, saving you time on manual entry. This feature ensures your financial records are always up-to-date.

Cash Flow Tracking

Keep an eye on your cash flow with straightforward tracking tools. You’ll know exactly where your money is going and coming from.

Expense Categorization

Automatically categorize your expenses for easier management. This helps you quickly identify spending patterns and areas to cut costs.

Tax Preparation Support

Xendoo assists in preparing your taxes with organized financial data and accurate financial statements. It simplifies the process, reducing stress during tax season.

User-Friendly Dashboard

The simple dashboard makes navigating your finances easy. You can quickly find the information you need without hassle.

Ease of Use

Xendoo's straightforward interface makes it easy for you and your team to manage finances without prior accounting knowledge. The user-friendly dashboard lets you quickly access reports and track cash flow, eliminating the need for complex navigation. Its automation features reduce manual work, allowing you to focus on your business. However, if you need advanced features or detailed analytics, you might find its simplicity limiting compared to other options.

Integrations

Xendoo integrates with Xero, QuickBooks Online, Gusto, Stripe, and ADP, among others.

Xendoo also provides an API and connects with third-party integration tools to enhance its functionality and streamline your accounting processes.

Xendoo Specs

  • 2-Factor Authentication
  • Accounts Payable
  • Accounts Receivable
  • API
  • Balance Sheet
  • Billing/Invoicing
  • BitCoin
  • Budgeting
  • Calendar Management
  • Contact Management
  • CRM Integration
  • Customer Management
  • Dashboard
  • Data Export
  • Data Import
  • Data Visualization
  • Expense Tracking
  • External Integrations
  • Forecasting
  • General Account Ledger
  • Inventory Tracking
  • Multi-Currency
  • Multi-User
  • Notifications
  • P&L
  • PayPal
  • Payroll
  • SAP Integration
  • Stripe
  • Supplier Management
  • Tax Management

Xendoo FAQs

Bradley Clifford
By Bradley Clifford

I have 15+ years of experience helping growth-stage companies build finance infrastructure, forecasting tools, and decision-support frameworks. I'm VP of Finance at Black & White Zebra, and previously Senior Director of Finance at Rewind, where I helped cut cash burn from $11M to $2M. I also spent 6 years at Stack Overflow, supporting growth from $20M to $100M through its $1.8B acquisition. I hold an FCCA designation and an MSc in Professional Accountancy.