Uniti vs Xero
A Comprehensive Comparison
Introduction
When it comes to choosing an accounting and ERP solution, businesses have a wide range of options to consider. Two popular solutions that often come up in discussions are Uniti and Xero. Both solutions offer a range of features and benefits, but which one is right for your business? In this comprehensive comparison, we'll dive into the key areas of interest, features, pros, and cons of each solution to help you make an informed decision.
Modular Architecture and Customisation
One of the key differences between Uniti and Xero is their approach to modular architecture and customisation. Uniti's modular architecture allows you to install only the modules you need, reducing costs and complexity. This means you can start with a basic setup and add more features and functionality as your business grows. Uniti's open-source nature and extensive community support also make it easy to customise the solution to meet your unique needs.
Xero, on the other hand, is a cloud-based accounting solution that is designed for small businesses with simple accounting needs. While Xero does offer some customisation options, its proprietary nature limits its flexibility compared to Uniti. Additionally, Xero's customisation options are limited to its own ecosystem, whereas Uniti's customisation options are virtually limitless.
Scalability and Integration
Another key area of interest is scalability and integration. Uniti is designed to scale with your business, handling large volumes of data and users with ease. Its seamless integrations with third-party apps and services, including e-commerce platforms, CRM systems, and more, make it an ideal choice for businesses with complex workflows.
Xero, while scalable in its own right, is better suited for small businesses with simple accounting needs. Its limited integrations with third-party apps and services make it less suitable for businesses with complex workflows. Additionally, Xero's scalability is limited to its own ecosystem, whereas Uniti's scalability is virtually limitless.
Reporting and Analytics
When it comes to reporting and analytics, both Uniti and Xero offer some level of functionality. Uniti's reporting and analytics tools provide real-time insights into your business performance, helping you make data-driven decisions. Its mobile app also allows you to access your data and perform tasks on-the-go.
Xero's reporting and analytics tools are limited, providing less insight into business performance. While Xero does offer some level of reporting and analytics, its mobile app is limited, making it less suitable for businesses that need to access their data on-the-go.
Features and Pros/Cons
Here are some additional features and pros/cons to consider:
Uniti
- Inventory Management: Uniti's inventory management module allows you to track and manage your inventory levels, automate stock replenishment, and optimise your supply chain.
- Project Management: Uniti's project management module enables you to manage projects from start to finish, track progress, and collaborate with team members.
- Pros: Uniti's modular architecture, scalability, and customisation options make it an ideal choice for businesses with complex workflows. Its extensive community support and open-source nature also make it a cost-effective solution.
- Cons: Uniti's steeper learning curve and more complex implementation process may make it less suitable for small businesses with simple accounting needs.
Discover more
Xero
- Cloud-Based Accounting: Xero's cloud-based accounting solution allows you to access your financial data from anywhere.
- Simple Accounting: Xero is designed for small businesses with simple accounting needs, offering a user-friendly interface and automated accounting features.
- Pros: Xero's cloud-based accounting solution and user-friendly interface make it an ideal choice for small businesses with simple accounting needs. Its limited customisation options and scalability also make it a more straightforward solution.
- Cons: Xero's limited integrations with third-party apps and services, limited reporting and analytics tools, and limited scalability make it less suitable for businesses with complex workflows
Uniti vs Xero
A detailed comparison of leading accounting software for SMEs.
Features Comparison
General Accounting
Uniti
Xero
General Scope
Multi-currency
Consolidation
Multi-User
Multiple Journals
Number of Languages
85
1
Supported Countries
80+
5
Access Rights
Access Rights per Screen
Access Rights per Field
Customizable Validation Steps
Third-Party Integration
Availability of an API
Spreadsheet Integration
Import: Excel or CSV
Export: Excel or CSV
Customer Portal
Accounts Receivable
Uniti
Xero
Customer Invoice
Proforma Invoices
Multiple Taxes per Line
Advanced Taxes (fixed, tax of taxes, etc.)
Discounts
Pricelists
Multi-Step Payments Terms
Cash Discounts
Outstanding Payments Reconciliation
Emails Discussion as Attachment
Configurable Email Templates
Send Invoices
Generate a PDF Invoice
Batch Send Invoices by Email
Post Invoices by Standard Mail
Online Payments
Credit Cards
PayPal
SEPA Direct Debit
Customer Statements
Aged Receivable Balance
Customer Statements
Automated Follow-up Letters
Automated Follow-up Actions
Unpaid Fees and Penalties
Third-Party Debits Recovery
Recurring Revenues
Automated Recurring Invoices
Subscription Upsell / Renewal
KPIs: Churn, MRR, Upsells, etc
Alerts for Contract Renewal
Miscellaneous
Automated COGS Entries
Automated Deferred Revenue
Accounts Payable
Uniti
Xero
Vendor Bills
Billing Control (Purchase Orders / Receptions)
Multiple Taxes per Line
Purchase Agreements
Multi-Step Payment Terms
Fleet Bills & Disallow Expenses
Peppol / UBL Support
Artificial Intelligence
Bills OCR Recognition
Learning Intelligence
Payment Data from OCR
Realtime OCR (<10 minutes)
Vendor Payments
Aged Payable Report
Print Checks
Automate Wire Transfer (SEPA)
ACH Transfers
Expenses
Employee Expenses Report
Expenses Validation Flow
Mobile App for Expenses
Miscellaneous
Assets Management
Bank & Cash
Bank Interfaces
Import Statements: QIF
Import Statements: OFX
Import Statements: CSV
Import Statements: Coda
Import Statements: Camt.053
Deposit Tickets
Efficiency
Reconcile while Matching
Misc. Operations while Matching
Automated Rules
Bank Reconciliation Reports
Automated Currencies Rate Update
Extras
Uniti
Xero
Analytic Accounting / Grouping
Analytic / Cost Accounting
Multi-Level Analytic Accounting
Multiple Plans
Budgets
General Budgets
Analytic Budgets
Payroll
Payroll
Valuation
Standard Price
Average Price
FIFO
Perpetual Inventory Valuation
Reporting
Uniti
Xero
Legal Statements
Profit & Loss
Balance Sheet
Cashflow Statement
General Ledger
Tax Reports
Tax Audit Report
Reports
Pivot Table on Multiple Dimensions
Customizable Reports
Customizable Dashboards
Annotate Reports
Customizable KPI’s
Predefined Executive Summary
Perpetual Fiscal Year Closing
Usability, Pricing & Conditions
Uniti
Xero
UI
Full Web Interface
Mobile App
Android App
iPhone App
Market Place
App Store / Add-ons
Other (integrated) solutions
eCommerce
Expenses
Inventory
Manufacturing
Operations (project, timesheet, etc.)
Human Resources
Document Management
Subscriptions
Point of Sale
Purchase
Sales
Subjective Ratings
Navigation and Search
5/5
5/5
Data Entry
5/5
5/5
Reconciliation Tool
5/5
5/5
Mobile App
4/5
5/5
Reports Flexibility
4/5
4/5
Pricing and Conditions
Monthly Pricing
Free
30$
Number of Users
Unlimited
5
Contract Duration
Monthly & Yearly
Monthly
Free Trial
User Satisfaction
Rating on g2Crowd
4.3/5
4.3/5
Rating on GetApp
4.2/5
4.4/5
Rating on Capterra
4.1/5
4.4/5
Brand Exposure
3/5
4/5
Uniti vs Xero
A detailed comparison of leading accounting software for SMEs.
Features Comparison
General Accounting
Uniti
Xero
General Scope
Multi-currency
Consolidation
Multi-User
Multiple Journals
Number of Languages
85
1
Supported Countries
80+
5
Access Rights
Access Rights per Screen
Access Rights per Field
Customizable Validation Steps
Third-Party Integration
Availability of an API
Spreadsheet Integration
Import: Excel or CSV
Export: Excel or CSV
Customer Portal
Accounts Receivable
Uniti
Xero
Customer Invoice
Proforma Invoices
Multiple Taxes per Line
Advanced Taxes (fixed, tax of taxes, etc.)
Discounts
Pricelists
Multi-Step Payments Terms
Cash Discounts
Outstanding Payments Reconciliation
Emails Discussion as Attachment
Configurable Email Templates
Send Invoices
Generate a PDF Invoice
Batch Send Invoices by Email
Post Invoices by Standard Mail
Online Payments
Credit Cards
PayPal
SEPA Direct Debit
Customer Statements
Aged Receivable Balance
Customer Statements
Automated Follow-up Letters
Automated Follow-up Actions
Unpaid Fees and Penalties
Third-Party Debits Recovery
Recurring Revenues
Automated Recurring Invoices
Subscription Upsell / Renewal
KPIs: Churn, MRR, Upsells, etc
Alerts for Contract Renewal
Miscellaneous
Automated COGS Entries
Automated Deferred Revenue
Accounts Payable
Uniti
Xero
Vendor Bills
Billing Control (Purchase Orders / Receptions)
Multiple Taxes per Line
Purchase Agreements
Multi-Step Payment Terms
Fleet Bills & Disallow Expenses
Peppol / UBL Support
Artificial Intelligence
Bills OCR Recognition
Learning Intelligence
Payment Data from OCR
Realtime OCR (<10 minutes)
Vendor Payments
Aged Payable Report
Print Checks
Automate Wire Transfer (SEPA)
ACH Transfers
Expenses
Employee Expenses Report
Expenses Validation Flow
Mobile App for Expenses
Miscellaneous
Assets Management
Bank & Cash
Bank Interfaces
Import Statements: QIF
Import Statements: OFX
Import Statements: CSV
Import Statements: Coda
Import Statements: Camt.053
Deposit Tickets
Efficiency
Reconcile while Matching
Misc. Operations while Matching
Automated Rules
Bank Reconciliation Reports
Automated Currencies Rate Update
Extras
Uniti
Xero
Analytic Accounting / Grouping
Analytic / Cost Accounting
Multi-Level Analytic Accounting
Multiple Plans
Budgets
General Budgets
Analytic Budgets
Payroll
Payroll
Valuation
Standard Price
Average Price
FIFO
Perpetual Inventory Valuation
Reporting
Uniti
Xero
Legal Statements
Profit & Loss
Balance Sheet
Cashflow Statement
General Ledger
Tax Reports
Tax Audit Report
Reports
Pivot Table on Multiple Dimensions
Customizable Reports
Customizable Dashboards
Annotate Reports
Customizable KPI’s
Predefined Executive Summary
Perpetual Fiscal Year Closing
Usability, Pricing & Conditions
Uniti
Xero
UI
Full Web Interface
Mobile App
Android App
iPhone App
Market Place
App Store / Add-ons
Other (integrated) solutions
eCommerce
Expenses
Inventory
Manufacturing
Operations (project, timesheet, etc.)
Human Resources
Document Management
Subscriptions
Point of Sale
Purchase
Sales
Subjective Ratings
Navigation and Search
5/5
5/5
Data Entry
5/5
5/5
Reconciliation Tool
5/5
5/5
Mobile App
4/5
5/5
Reports Flexibility
4/5
4/5
Pricing and Conditions
Monthly Pricing
Free
30$
Number of Users
Unlimited
5
Contract Duration
Monthly & Yearly
Monthly
Free Trial
User Satisfaction
Rating on g2Crowd
4.3/5
4.3/5
Rating on GetApp
4.2/5
4.4/5
Rating on Capterra
4.1/5
4.4/5
Brand Exposure
3/5
4/5
Conclusion
In conclusion, Uniti and Xero are two popular accounting and ERP solutions that cater to different needs. Uniti is a more flexible and scalable solution that is ideal for businesses with complex workflows, while Xero is a cloud-based accounting solution that is better suited for small businesses with simple accounting needs. By considering the key areas of interest, features, pros, and cons of each solution, you can make an informed decision about which solution is right for your business.
Get Now