Using an accounting and finance software for your business, is truly a helpful way to get things done faster and easier. Thanks to this kind of technology, we could now say goodbye to those time-consuming, draining, and tiring tasks of dealing with endless paperwork, files, folders, and financial records.

But if you consider yourself a newbie in this technology, and you’re just considering migrating to cloud accounting, we can’t blame you if you’re currently overwhelmed with all the softwares, platforms, and products available in the market. As they offer numerous variations in terms of reliability, cost, technical support, and app integration, it makes the task of choosing the best tool much harder than it seems.

Well don’t worry, that’s what we’re here for. Your experts here at Enterprise Global ought to give you the low-down on everything you need to know about two of the most popular platforms in finance and accounting serice singapore today: Xero and SAP.

Read up and find essential information about the two so you could see which one would perfectly suit your business’ requirements:

Info on the Service Provider

Let’s first take a look at the developers, founders, and the companies that provide these amazing softwares:

XERO: Xero’s mother company, a sole proprietorship, was founded in July 2006 by a small business accountant named Hamish Edwards and a technology entrepreneur, Rod Dury. It is a fast-growing company listed on the New Zealand Stock Exchange and Australian Stock Exchange. They now have teams in Wellington, Auckland, Melbourne, Sydney, UK, and San Francisco.

SAP: SAP is one of the largest software companies in the whole world to date. They are a German software company that makes enterprise software to manage business operations as well as customer relations. Their most famous products include the SAP-ERP (Enterprise Resource Planning) Application and the SAP-BW (Business Warehouse), an enterprise data warehouse solution, SAP-HANA an in-memory computing appliance, and the Sybase mobile products.

User Popularity

What kind of companies have been using SAP and Xero? In which countries are they more popularly known and used?

XERO: Most of Xero’s users are small to medium enterprises, entrepreneurs, freelancers, and professional accountants. It is widely used in New Zealand, Canada, USA, Singapore and many other countries in Asia and Europe.

SAP: Almost 75% of SAP users are large corporations and multinational companies – those with more than a thousand employees deployed all over the world.  It’s widely used all over the world such as in USA, Germany, India, Canada, Japan, France, and many more. Renowned companies that use SAP include Serco, Ruralco, Accenture, and VINCI Energies.


If you are just thinking of migrating to a finance and accounting software for your business, one of the first things you’ll probably consider is the budget. Let’s see how these two differ in terms of pricing their services.

XERO: Xero offers its clients a 30-day Free Trial and you may choose from 3 kinds of subscription plans (Starter, Standard, and Premium) starting from $9 per month per user.

SAP: Because SAP has already established its brand many years back, it now doesn’t offer free trial to interested users. To purchase, you would have to buy its licenses with prices starting from $1,000 per license. Plus, monthly subscription fees are tailored according your company’s needs. You would have to directly contact their company for more details.

General Features

Naturally, if you’re looking to get a business software solution, you would consider all its features and functionalities. Based on the kind of business you have, the tool that you’ll eventually choose should very well fit your operations, workflow, and processes that matter most to your trade. So here is a summary of what Xero and SAP could do for your business:

XERO: This online/cloud accounting application is designed to meet the needs of small and medium sized businesses in almost all industries. With it, you can: manage Accounts Receivables & Payables, do billing and invoicing, do budgeting and forecasting, monitor bank accounts, do financial reports, keep track of clients and suppliers, attach files and documents to financial data, track operations and cash flow, and many more.

SAP: This software platform provides complete solutions and management tools to accelerate and automate almost all your business processes. Apart from financial and accounting tasks, it can also help with human resource management, customer relations management, purchasing and procurement, warehouse and production management, sales reporting, business intelligence, analytics, and integration solutions, among others.

Software Integration & Compatibility

If your business already uses other kinds of softwares and programs for your operations, you would have to consider if these would be compatible with the accounting/financial application you’re about to choose. Plus, if you are a hands-on business owner, you may also want to know if the software is mobile-friendly and if it’s compatible with the operating system you use.

XERO: Xero can be used in cloud, SaaS, Standalone. It is compatible with almost all operating systems like Mac, Windows, Android, and even your mobile phones. The best thing about using Xero is that it’s partnered with more than 400 app integrations to make sure that you do your business more efficiently with it.

SAP: SAP is used in cloud, On Premise, and Standalone. It is also compatible to use with all mobile and computer operating systems including Linux. But since SAP is mostly used for large-scale projects, they have just limited app integrations that total to just less than 10 which includes Mulesoft, SFTP, itterbit, and Dell Boomi.

Customer Service & Tech Support

Especially when you are a first-time user, technical assistance and support is always vital. Let’s see who these two fare in terms of customer service and support for their users.

XERO: When it comes to user assistance, Xero truly takes it to a whole new level. Users can easily get support through phone, email, ticket, and live chat. They even provide training for new subscribers and partners. Email support is totally free and unlimited. You can even get a response from the Xero Support Team within 24 hours.

SAP: SAP’s support team can also be reached through email and live chat. However, there are some users and subscribers that complain on the length of time it needs to launch and implement. As most would think it’s not really user-friendly, the need for a more dedicated support team is always impending.

Our Verdict:

As you may notice, these two softwares are almost incomparable as their usage and popularity really varies from one another. Their distinct capabilities are indeed designed for the business size they cater to. Xero concentrates on mostly accounting and financial tasks, whereas SAP provides you tools for all kinds of business processes.

Hence, even though we are advocates of Xero cloud accounting software, we say that the choice between Xero and SAP definitely relies on what you truly need for your business. If yours is a startup in a Singapore or even an already established SME, and you just need an efficient tool for your financial and accounting processes, go for Xero. It’s more sensible to avoid paying for numerous and more complex capabilities that you might not really have the chance to use.

But if your company already has more than 100 employees (and is continuously growing in size), you have branches in some parts of the world, and you need a software platform that would assist all your staff better in managing manpower, production, sales, and finances, then we would suggest that you consider investing in SAP Business One.

If you’re setting up your corporation in Singapore and you need expert assistance on choosing the kind of software that’s perfect for your business, don’t hesitate to seek help from Enterprise Global. Our team of experts is more than willing to assist you with all your business formation and consulting needs.


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