Syft Analytics vs Xero (2026): which should you pick?

Pick Syft Analytics if

• Fits if you want dashboards from Xero or QuickBooks without paying
• Works for an accountant who needs consolidated reports across a few client entities

Look elsewhere if

• Too light for bookkeeping: it reads data from other software and keeps no ledger
• Pricey if you have many entities, as each one is charged and more than 10 means contacting sales
• Tight if you stay on the free plan, since reports, multi-currency and consolidation are paid
• Watch out: the pricing page does not show whether the monthly prices need a longer commitment

Pick Xero if

• Fits if your accountant already works in Xero
• Works for businesses where several staff and advisers need to be in the books, as users are unlimited

Look elsewhere if

• Tight if you send more than 20 invoices or enter more than 5 bills, since that's where Early stops
• Watch out: the advertised prices are 80% off for 3 months only, then $27, $59 or $97 a month
• Pricey if you need US payroll, at $36 a month plus $6 a person on top
• Pricey if you bill in other currencies, which need Established at $97, or want auto-reconcile on Early, a $5 add-on
• Skip it if you want a free plan to start on, as there isn't one, and taking the free month costs you the discount

Syft Analytics

• Plans are assigned per entity, so cost grows with the number of businesses connected; the pricing page links to contact for more than 10 entities.
• Multi-currency support starts at Plus, and advanced consolidations are on Advanced.
• The pricing page does not show whether the monthly figures need a longer billing commitment; the upgrade help page mentions a commitment option.
• It reports on data from other software; it is not a ledger of its own.

Xero

• The advertised prices are 80% off for the first 3 months; plans then renew at $27, $59 or $97 a month.
• Early stops at 20 invoices and 5 bills, and its graphs and cash flow forecast are the basic ones.
• US payroll costs $36 a month plus $6 per employee or contractor, and is not offered to Xero's US mobile-only subscribers.
• These are US prices; Xero sells in other countries, including New Zealand, Australia and the UK, on separate regional sites.

Syft Analytics

Reports and financial statements

Pre-built and custom financial reports, with financial statements usable from compilation to audit for IFRS and GAAP.

Dashboards and scorecards

Live dashboards, KPI scorecards and benchmarking across sales, costs and cash, available on the free Basic plan for dashboards and graphs.

Consolidations

Combine entities into one report and budget. A consolidation takes the features of the lowest plan among its entities.

Forecasts and cash manager

Budgets and multi-year forecasts, plus a Cash Manager view of expected cash.

Spreadsheet Link

Link data to Excel and Google Sheets, and upload a trial balance or transaction list from software without a direct connection.

Xero

Bank reconciliation

Match bank transactions to invoices and bills. Auto-reconcile is part of Growing and Established, and a $5 a month add-on on Early.

Invoices, quotes and online payments

Send invoices and quotes with a payment service attached, and take card payments in person with Tap to Pay on iPhone and Android.

Bills and Smart Document Capture

Bills and receipts are pulled into Xero from documents, and standard ACH bill payments in US dollars are included on every plan.

Cash flow forecasts and analytics

Forecasts run 30, 60 or 180 days ahead depending on the plan, and Syft analytics, dashboards and health scorecards are built in.

JAX assistant

Xero's AI assistant answers questions about the business's numbers and handles routine bookkeeping tasks.

Xero Payroll, powered by Gusto

Full-service payroll that calculates, files and pays federal and state taxes across all 50 states, without leaving Xero.

Syft Analytics

• Basic$0

  Free forever: unlimited users, dashboards and graphs, and access to Syft Campus.

• Standard$23

  per month, per entity; billing commitment not shown

  Visualize financial performance and build reports.

• Plus$47

  per month, per entity; billing commitment not shown

  Deeper insights, more report customization and multi-currency support.

• Advanced$95

  per month, per entity; billing commitment not shown

  Advanced consolidations, merged financial and operational insights, and tailored onboarding help.

Xero

• Early$27

  per month, billed monthly

  Advertised at $5.40 a month for the first 3 months. Quotes, 20 invoices, 5 bills, bank reconciliation, sales tax and a 30-day cash flow forecast.

• Growing$59

  per month, billed monthly

  Advertised at $11.80 a month for the first 3 months. No invoice or bill limits, auto-reconcile, dashboards, budgets and a 60-day forecast.

• Established$97

  per month, billed monthly

  Advertised at $19.40 a month for the first 3 months. Adds multiple currencies, project time and costs, expense claims and a 180-day forecast.

Syft Analytics

No public discounts listed.

Xero

• Other savings

  80% off the first 3 months

  New US customers buying their first organization pay 20% of the base plan price for 3 months, then the regular monthly price. Add-ons are not discounted.

• Other savings

  Two months of Xero Payroll free

  Xero's payroll page offers two months free to try Xero Payroll, which then costs $36 a month plus $6 per employee or contractor.