Pennylane
Cheaper for 10 people
From$8.12/mo
10 people: $8.12 a month · $97.44 a year
- No free plan
- No yearly discount listed
- No startup credits listed
- 4 plans · priced per plan
Pennylane vs Xero: pricing compared
Plans, list prices and what a team of 5, 10 or 25 pays on each, from Surba's catalog of Finance tools. Updated for 2026.
At a glance
Side by side
Pennylane starts at $8.12/mo (Starter) and Xero at $27/mo (Early). For 10 people that's $8.12 vs $27 a month: Pennylane is $18.88 a month (70%) cheaper than Xero on list price.
Xero
Finance
From$27/mo
10 people: $27 a month · $324 a year
- No free plan
- No yearly discount listed
- No startup credits listed
- 3 plans · priced per plan
Plans
Pennylane and Xero plans
Every plan with a public price, in US dollars.
Pennylane
Starter
E-invoicing compliant invoices · One-click supplier payments · Virtual and physical cards
$8.12/mo
Basique
Deposit and partial invoices · Purchase orders and delivery notes · Supplier payment terms
$16.24/mo
Essentiel
Automated payment reminders · E-signature on quotes · Expense reports
$27.84/mo
Premium
Accounting module · Approval workflows · EDI tax filing
$91.64/mo
Prices for independents (1 user) in EUR ex. VAT (€7/€14/€24/€79 per month) converted at 1 EUR = 1.16 USD. 15-day free trial. TPE and PME (SME) offers are custom-priced - contact sales.
Prices from Pennylane's pricing page, checked 26 Oct 2026.
Xero
Early
Quotes and 20 invoices · 5 bills · 30-day cash flow forecast
$27/mo
Growing
60-day cash flow forecast · Auto-reconcile transactions
$59/mo
Established
180-day cash flow forecast · Multiple currencies · KPI analysis
$97/mo
US pricing. Promo: 90% off first 6 months for new US customers (ends Nov 2, 2026).
Prices from Xero's pricing page, checked 26 Oct 2026.
Team cost
What each costs your team
Entry paid plans, per month and per year at list price.
| Team | Pennylane (Starter) | Xero (Early) | Difference |
|---|---|---|---|
| 5 people | $8.12/mo$97.44/yr a year | $27/mo$324/yr a year | Pennylane $18.88 less a month |
| 10 people | $8.12/mo$97.44/yr a year | $27/mo$324/yr a year | Pennylane $18.88 less a month |
| 25 people | $8.12/mo$97.44/yr a year | $27/mo$324/yr a year | Pennylane $18.88 less a month |
Pennylane is priced per plan. Xero is priced per plan. Per-user prices are multiplied by the team; per-plan prices aren't. Before tax; yearly discounts not applied.
FAQ
Pennylane vs Xero: questions
Which is cheaper, Pennylane or Xero?
Pennylane starts at $8.12/mo (Starter) and Xero at $27/mo (Early). For 10 people that's $8.12 vs $27 a month: Pennylane is $18.88 a month (70%) cheaper than Xero on list price. Compare features too: the cheaper plan isn't always the closer match.
Do Pennylane and Xero have free plans?
Pennylane has no free plan in Surba's catalog. Xero has no free plan in Surba's catalog.
More comparisons
Other Finance comparisons
Paying for Pennylane or Xero? Track it in Surba.
Surba reminds you before every renewal, shows your whole software spend in your currency, and flags tools that overlap — like these two.