The best alternatives to Xero
Xero users in Europe often look for alternatives when they need EU-based data hosting or a tool with stronger local compliance support. Others switch because they want simpler pricing or a solution built for smaller teams with fewer integrations. FreeAgent is a common pick for freelancers and micro-businesses that prioritise clarity over complexity.
European alternatives
Frequently asked questions
Why do European businesses switch from Xero?
The main reasons are data residency outside the EU, pricing that scales poorly for small teams, and a feature set that can feel bloated for simpler needs. Some also prefer tools with native support for local tax rules.
Are there Xero alternatives with EU data hosting?
Yes. FreeAgent, Reviso, Collmex, and sevDesk all store and process data within the EU or EEA, meeting GDPR requirements for data residency.
How hard is it to migrate from Xero to another tool?
Most European alternatives offer import tools for chart of accounts, contacts, and invoices. FreeAgent, for example, provides step-by-step guides and CSV templates to simplify the process.
Which European Xero alternative is best for freelancers?
FreeAgent is often the top choice for freelancers due to its straightforward interface, clear pricing, and focus on small business needs. It also handles multi-currency invoicing and expense tracking well.
Do these alternatives support GDPR compliance?
Yes. Tools like FreeAgent, Reviso, and sevDesk are designed with GDPR in mind, offering features such as data processing agreements and EU-based hosting to meet compliance needs.
How does pricing compare to Xero?
Many European alternatives offer a cheaper entry tier for small teams or freelancers. FreeAgent, for instance, has a simpler pricing model that can be more cost-effective for businesses with basic accounting needs.