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IconCMO Fund Accounting vs Xero

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Updated February 10, 2026

IconCMO Fund Accounting vs Xero: Which is best for you?

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55+ software advisors
1 million+ businesses helped
2 million+ verified software reviews
Starting Price
$35.00

per month

$25.00

per month

Free Trial
Free Version
Screenshots
and Demo
Product Screenshot
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Product Screenshot
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Top Rated
  Features
See All
Multi-Country
4.83
Tax Compliance
4.79
Calendar Management
4.78
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Integrations
Constant Contact
Constant Contact
Text-Em-All
Text-Em-All
Worldline
Worldline
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ActiveCollab
ActiveCollab
ApprovalMax
ApprovalMax
Capsule
Capsule
See All
Pros / Cons
  • The getting started guides are well written and very helpful (you don't have to be an accountant to understand them), and as you use different screens the Help guide for each screen is also a great resource.
  • The payroll piece isn't as robust as some other software programs, but only from a standpoint of automatically producing some of the federal and state tax forms.
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  • Even though Xero lack global enterprises accounting features it has a robust integration capability that allows me to connect with external tools such as SAP Concur.
  • It is not great for multi-company businesses as you cannot be logged into more than 1 at once, you have to chop and change between them and to make intercompany transactions, you need to post separately in both entities.
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Ease-of-Use
4.3/ 5
Highest performing feature
in the comparison
4.4/ 5
Value for Money
Highest performing feature
in the comparison
4.7/ 5
4.2/ 5
Customer Support
Highest performing feature
in the comparison
4.8/ 5
4/ 5
Functionality
4.2/ 5
Highest performing feature
in the comparison
4.3/ 5
Support Options
Email/Help Desk
FAQs/Forum
Knowledge Base
Phone Support
24/7 (Live Rep)
Chat
Email/Help Desk
FAQs/Forum
Knowledge Base
Phone Support
24/7 (Live Rep)
Chat
Training Options
In Person
Live Online
Webinars
Documentation
Videos
In Person
Live Online
Webinars
Documentation
Videos
FrontRunners
N/A
FrontRunners 2026
Advisor
  Recommendations
N/A
N/A
Ideal Customer Size
Small
Medium
Large
Small
Medium
Large
Deployment Options
Cloud, SaaS, Web-Based
Desktop - Mac
Desktop - Windows
Desktop - Linux
Desktop - Chromebook
On-Premise - Windows
On-Premise - Linux
Mobile - Android
Mobile - iPhone
Mobile - iPad
Cloud, SaaS, Web-Based
Desktop - Mac
Desktop - Windows
Desktop - Linux
Desktop - Chromebook
On-Premise - Windows
On-Premise - Linux
Mobile - Android
Mobile - iPhone
Mobile - iPad