Bloom vs Xero

Bloom vs Xero

Bloom vs Xero is a crucial choice for businesses seeking a comprehensive accounting environment and a simplified invoicing platform due to their different features, costs and scalability.

Although their features differ, Bloom and Xero both provide invoicing capabilities like expense tracking, recurring billing and custom templates. While Xero provides complete accounting, mileage tracking and cloud-based backup systems, Bloom concentrates on project management workflows, instant booking.

While Xero provides a range of premium options with a 30-day trial period that are suited to various target markets, Bloom offers cost-effective plans with both free and paid levels.

Bloom offers robust integration options with QuickBooks, Xero and Zapier, with API availability for custom integrations and competitive payment processing through Stripe and Square.

Bloom provides mobile functionality and a stylish design for client communication and project management but it does not offer round-the-clock customer service. Xero provides businesses with online support around-the-clock.

Both Bloom and Xero are cloud-based file management systems. Bloom caters to companies that work on a lot of projects, while Xero offers freelancers and SMBs scalability and thorough reporting.

For independent contractors, consultants or small businesses looking for affordable invoicing with project management capabilities, Bloom is perfect. It has reasonable prices and a free plan. Xero is a comprehensive business management solution with excellent reporting, round-the-clock support and numerous integrations.

Side-by-Side Comparison

Bloom Xero
Core Features
Custom Templates Multiple portfolio and invoice templates available Customizable invoice templates with branding alignment
Send Estimates/Quotations Yes Yes
Recurring Billing Automation Yes Yes
Expense Tracking Yes Yes
Time Tracking Yes Yes
Mileage Tracking No Yes
Automated Payment Reminders Yes Yes
Project-Based Billing Yes Yes
Tax Handling Yes Yes
User Permissions/Role Management Yes Yes
File Uploads Yes Yes
Pricing and Plans
Free Plan Availability Yes No
Pricing Range Starter: $9/month
Standard: $22/month
Plus: $39/month
Early: $2.50/month
Growing: $5.50/month
Established: $9/month
Trial Period 7 days 30-day free trial available
User Limits Starter: 1 user
Standard: 1 user
Plus: unlimited users
Varies by plan – Early plan supports basic users
Client Limits Not explicitly limited Plan-specific limits
Storage Limits Starter: 100 GB/month
Standard: 1 TB/month
Plus: 2 TB/month
No specific limits mentioned
Payment Processing Fees Credit Card (Stripe): 2.9% + $0.30
American Express: 3.4% + $0.30
ACH: 0.8%
Standard payment gateway fees apply
Ease of Use
User Interface Simple and elegant design Simple – One of the most user-friendly accounting solutions
Onboarding Experience Yes Yes
Mobile App Availability Yes Available for iOS and Android
Mobile App Functionality Project Management, Workflows, Instant Booking, Client Communication Core invoicing and accounting features supported
Integration
Payment Gateways Supported Stripe, Square, Alternative Payment Methods Multiple gateways including Stripe, PayPal, GoCardless
Accounting Software Compatibility QuickBooks, Xero Yes – Broader range of integration options
CRM Integration Zapier Integration, Direct Integrations, Calendar Sync, Website Embeds Multiple CRM integrations available
API Availability Yes Yes
Reporting & Analytics
Bank Connections No Yes
Pre-Built Financial Reports No Yes
Custom Report Creation No Yes
Security & Compliance
Dashboard Metrics Yes Yes
Data Encryption Yes Yes
GDPR Compliance Yes Yes
Backup Options No Automatic – Cloud-based backup system
Customer Support
Support Channels Chat, Email 24/7 online support
Help Center/Knowledge Base Yes Yes
24/7 Support No Yes
Adaptability
Multi-Currency Support Yes Yes
Localization Yes Yes
Industry-Specific Customization Yes Yes
Scalability Freelancers to Small-Medium Agencies Freelancers to SMBs – Designed for small businesses and solopreneurs with room to grow
Read Bloom Review Read Xero Review
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