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Xenett

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Company health

Employee growth
21% increase in the last year
Web traffic
27% increase in the last quarter

Xenett description

Xenett is cloud-based accounting workflow and financial close management software designed for bookkeepers, accounting firms, CPA & tax firms, and controllers/CFOs. It offers automated review and error detection, client collaboration tools, 1099 processing, reporting, file management, and task management features within a single platform. Xenett integrates with QuickBooks Online and Xero. It focuses on increasing efficiency and accuracy in financial close processes, promising to reduce review time, improve accuracy, and speed up the closing process. A 14-day free trial is available.


Who is using Xenett?


Who is Xenett best for

We find that Xenett is a great tool, particularly if you're a bookkeeper, accounting firm, or controller/CFO. It helps automate accounting workflows, improve accuracy, and speed up the financial close. From what we've seen, users particularly value the automated reviews, client collaboration tools, and reporting.

  • Great for accounting teams at small to medium-sized businesses seeking workflow automation. (1-1000 employees).

  • Perfect for finance, banking, insurance, and professional services looking to streamline financial close processes and reporting.


Xenett features

Supported

Auto-detect errors: Automatically detects errors in accounting workflows to ensure accuracy and compliance.

Supported

Close and Finalization: Simplifies the process of closing and finalizing financial records, ensuring accuracy and compliance.

Supported

Client Collaboration: Enables seamless collaboration between clients and accounting professionals for efficient financial management.

Supported

1099: Automates 1099 form creation and filing to ensure compliance and reduce manual effort.

Supported

Journal Entries: Streamlines the creation, approval, and tracking of journal entries for accurate financial reporting.

Supported

Task Management: Offers a centralized workspace for managing tasks, communications, and document sharing within accounting workflows.

Supported

Reporting: Offers customizable dashboards and reporting tools for real-time insights into financial performance and key metrics.

Supported

Flux Analysis: Helps analyze financial data by comparing actual results against budgeted figures.


Xenett pricing

See the Xenett pricing page.

  • Xenett has a free trial.

Quality Check
$6 per client/month

Essentials you need to keep your books error-free. Includes: 25+ Quality Checks; Create your own Custom Checks; Internal Staff Communication; Comprehensive Close; Task Management; Time Tracking.

Comprehensive Close
$9 per client/month

Get everything you need for a error-free and faster close. Includes: 25+ Quality Checks; Create your own Custom Checks; Internal Staff Communication; Closing Task; Reconciliation; Review Note; Link Working Papers; Task Management; Time Tracking; Client Portal; 1099; File Management; Comprehensive Close.


Xenett alternatives

  • Logo of FloQast
    FloQast
    Close faster, reconcile smarter, automate accounting.
    Read more
  • Logo of BlackLine Financial Close Management
    BlackLine Financial Close Management
    Automates and streamlines the monthly financial close process.
    Read more
  • Logo of NetClose by Netgain
    NetClose by Netgain
    Automates NetSuite financial close, boosting accuracy and efficiency.
    Read more
  • Logo of Karbon
    Karbon
    Accounting firm workflow, communication, and client management streamlined.
    Read more
  • Logo of SAP S/4HANA Cloud
    SAP S/4HANA Cloud
    Simplifies business management using cloud, AI, and best practices.
    Read more
  • Logo of Workiva
    Workiva
    Connected reporting and compliance platform for streamlined data and teams.
    Read more

Xenett FAQ

  • What is Xenett and what does Xenett do?

    Xenett is a cloud-based accounting workflow and financial close management software. We find that it helps bookkeepers and accounting firms automate tasks, improve accuracy, and collaborate with clients. It integrates with QuickBooks Online and Xero.

  • How does Xenett integrate with other tools?

    Xenett integrates with QuickBooks Online and Xero, allowing for seamless data flow between these platforms. This integration streamlines accounting processes and reduces manual data entry for a more efficient workflow.

  • What the main competitors of Xenett?

    We find that FloQast, BlackLine, Karbon, SAP S/4HANA Cloud, Workiva, and Keeper are the main competitors of Xenett. These alternatives offer similar features for financial close management, accounting workflow automation, and client collaboration.

  • Is Xenett legit?

    Xenett's positive growth and focus on automation make it a promising option. We find that features like automated error detection and client collaboration tools are valuable for accounting professionals. A free trial lets you explore its suitability for your needs.

  • How much does Xenett cost?

    Xenett's Quality Check plan is $6 per client/month. The Comprehensive Close plan is $9 per client/month. They offer a 14-day free trial and discounts for firms with under 10 clients. Custom pricing is available for larger firms.

  • Is Xenett customer service good?

    There are no customer service reviews available at the moment. Therefore, we can't offer insights into the quality of Xenett's customer service.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.