Digits vs Xero
Digits
Business owners and accountants: solopreneurs and early-stage businesses, small and growing companies, scaling businesses with finance teams, and accounting firms
Xero
Small businesses, accountants and bookkeepers
2006; Wellington, New Zealand
Digits and Xero both sell cloud accounting to small businesses and the accountants who serve them.
Digits is an AI-native general ledger with automated bookkeeping, month-end close, bill pay and invoicing, used by 7,000+ accountants and business owners; Xero, founded in Wellington in 2006 and listed on the ASX, is an accounting, payroll and payments platform with 5 million customers in more than 180 countries.
Digits vs Xero: side by side
“Not published” means the vendor does not state it.
| Digits | Xero | |
|---|---|---|
| What it does | AI-native general ledger with automated bookkeeping and reconciliation, month-end close, bill pay, invoicing and real-time financial reporting | Cloud accounting, payroll and payments platform for small businesses, with tools for accountants and bookkeepers |
| Best for | Business owners and accountants: solopreneurs and early-stage businesses, small and growing companies, scaling businesses with finance teams, and accounting firms | Small businesses, accountants and bookkeepers |
| Founded and HQ | Not published | 2006; Wellington, New Zealand |
| Ownership and funding | Venture-backed; US$65m Series C (Mar 2022) led by SoftBank Vision Fund 2 with 20VC Growth; earlier backers include Benchmark and GV | Listed on the ASX; CEO Sukhinder Singh Cassidy |
| Customers or users | 7,000+ accountants and business owners | 5 million customers in more than 180 countries |
| Pricing | Essentials US$65 a month, Core US$100; Pro US$250 (coming soon); 30-day free trial | UK from £18 a month (Ignite) to £70 (Ultimate), excluding VAT; US from US$27 (Early) to US$97 (Established) |
| Deployment and markets | Cloud, with native iPhone and iPad apps; bank, card and payroll feeds from 12,000+ financial institutions | Cloud; customers in 180+ countries; offices in New Zealand, Australia, the UK, the US, Canada, Singapore and South Africa |
Main differences
Digits costs US$65 or US$100 a month, with Pro at US$250 coming soon; Xero costs US$27 to US$97 a month in the US and £18 to £70 in the UK.
Xero includes payroll and payments; Digits runs 24/7 AI bookkeeping, reconciliation and month-end close in the ledger.
Xero has 5 million customers in 180+ countries; Digits has 7,000+ accountants and business owners.
Xero is listed on the ASX; Digits is venture-backed, with a US$65m Series C led by SoftBank Vision Fund 2.
Which to choose
Choose Digits if
- You want an AI-run ledger with automated close and reconciliation
Choose Xero if
- You need payroll and payments alongside accounting, or published prices in both the UK and the US
Compare further
Common questions
What is the difference between Digits and Xero?+
Digits is an AI-native general ledger that automates bookkeeping and reconciliation and covers month-end close, bill pay, invoicing and real-time financials. Xero is a cloud accounting, payroll and payments platform for small businesses, with tools for accountants and bookkeepers.
Is Digits or Xero cheaper?+
Xero costs from US$27 (Early) to US$97 (Established) a month in the US, and from £18 (Ignite) to £70 (Ultimate) in the UK, excluding VAT. Digits costs US$65 (Essentials) or US$100 (Core) a month, Pro at US$250 is coming soon, and there is a 30-day free trial.
Can accountants use Digits and Xero?+
Yes. Digits is built for business owners and accountants, with an offer for accounting firms. Xero includes tools for accountants and bookkeepers.
Part of Accountio’s accounting technology coverage.
