---
description: Compare Forecast 5 vs Xero to learn about each of the product's price, benefits and disadvantages. Choose the best software for your business in New Zealand.
image: https://gdm-localsites-assets-gfprod.imgix.net/images/capterra/og_logo-e5a8c001ed0bd1bb922639230fcea71a.png?auto=format%2Cenhance%2Ccompress
title: Forecast 5 vs Xero Comparison - Capterra New Zealand 2026
---

Breadcrumb: [Home](/) > [Financial Reporting Software](/directory/30050/financial-reporting/software) > [Forecast 5 \<span\>vs\</span\> Xero](https://www.capterra.co.nz/compare/163479/169561/forecast-5/vs/xero)

# Compare Forecast 5 vs Xero

Canonical: https://www.capterra.co.nz/compare/163479/169561/forecast-5/vs/xero

> Detailed comparison between Forecast 5 and Xero. Check ratings, reviews, pricing, and features to make the best decision for your business.

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## At a Glance

| Metric | Forecast 5 | Xero |
| **Overall rating** | 3.8/5 | 4.4/5 |
| **Total Reviews** | 20 | 3273 |
| **Starting Price** | $1,600.00 | $3.50 |
| **Free Trial** | Yes | Yes |
| **Free Version** | No | No |
| **Deployment** | Windows (Desktop) | Cloud, SaaS, Web-based, Android (Mobile), iPhone (Mobile), iPad (Mobile) |
| **Support** | Email/Help Desk, Knowledge Base, Phone Support, Chat | Email/Help Desk, FAQs/Forum, Knowledge Base, 24/7 (Live rep), Chat |
| **Training** | In Person, Live Online, Webinars, Documentation, Videos | In Person, Live Online, Webinars, Documentation, Videos |

## Best for

### Forecast 5

Forecast 5 is a purpose-built budgeting and forecasting product utilised by Chartered Accountants, Not-For-Profits and Corporations to ease the burden of the budgeting process.

### Xero

Xero is an accounting software that caters to small businesses across multiple sectors, such as agriculture, construction, education, healthcare, hospitality, and more.

## Key features

### Forecast 5

- "What If" Scenarios
- Accounting
- Budgeting/Forecasting
- Cash Management
- Consolidation/Roll-Up
- Data Import/Export
- Expense Tracking
- Forecasting
- General Ledger
- Income & Balance Sheet
- Multi-Company
- Multi-Currency
- Profit/Loss Statement
- Reporting/Analytics
- Third-Party Integrations

### Xero

- "What If" Scenarios
- Accounting
- Budgeting/Forecasting
- Cash Management
- Consolidation/Roll-Up
- Data Import/Export
- Document Templates
- Expense Tracking
- For Religious Organizations
- Forecasting
- Fund Management
- General Ledger
- Hourly Billing
- Income & Balance Sheet
- Multi-Company
- Multi-Currency
- Pricing Management
- Profit/Loss Statement
- Reporting/Analytics
- Third-Party Integrations

## Links

- [View Forecast 5 Profile](https://www.capterra.co.nz/software/163479/forecast-5)
- [View Xero Profile](https://www.capterra.co.nz/software/169561/xero)
- [View Original Comparison](https://www.capterra.co.nz/compare/163479/169561/forecast-5/vs/xero)

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