Pennylane vs Xero
Pennylane and Xero are both accounting & finance tools aimed at small businesses.
| Pricing | Paid | Paid · $27 |
| Starting price | Not published | $27/mo |
| Free plan | No | No |
| Free trial | 15 days | 30 days |
| Built for | Small businesses | Small businesses |
| Platforms | web | web, ios, android |
| Country | FR · 2020 | NZ · 2006 |
| Rating | — | — |
Choose Pennylane if
French SMEs and accountants.
- Shared workspace with accountants
- Modern UI
- Strong French compliance
Look elsewhere if: Businesses outside France (yet).
Choose Xero if
Small businesses outside the US and teams with many users who need books access.
- Unlimited users on all plans
- Excellent reconciliation experience
- Strong in UK, ANZ and international markets
Look elsewhere if: Very small freelancers (Wave, FreshBooks) or Turkish e-invoice compliance (Paraşüt).
Pennylane vs Xero pricing
Pennylane
- Starter€7/moExcl. VAT, 1 user, freelancers; Pro account required
- Basique€14/moExcl. VAT, 1 user (freelancer price)
- Essentiel€24/moExcl. VAT, 1 user (freelancer price)
- Premium€79/moExcl. VAT, 1 user, includes accounting module
Xero
- Early$27/mo20 invoices, 5 bills; 90% off first 6 months until Nov 2 2026
- Growing$59/moUnlimited invoices and bills
- Established$97/moMulti-currency, projects, analytics
Pennylane · Key features
- Invoicing and quotes
- Bank and payment sync
- Receipt capture and matching
- Pre-accounting and accounting
- Accountant collaboration
- Cash flow dashboards
Cons
- Primarily France
- Pricing varies by tier
- Limited international features
Xero · Key features
- Bank reconciliation with smart matching
- Invoices, quotes and online payments
- Bills, expenses and Hubdoc document capture
- Multi-currency accounting (Established)
- Projects, inventory and fixed assets
- Analytics, short-term cash flow and reporting
Cons
- Early plan limits are tight
- US payroll requires integrations
- Multi-currency only on the top plan
Pennylane vs Xero: FAQ
Do Pennylane and Xero have a free plan?
Pennylane has no free plan, a 15-day free trial. Xero has no free plan, a 30-day free trial.