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Proposal & Quote · head to head

Prospect vs Xero

Prospect logo

Prospect

Proposal & Quote

VR for architectural visualization

From
$225/month
Rated
-
Full reviewWebsite
Xero logo

Xero

All industries

Beautiful accounting software

From
$13/month
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: Prospect no longer available as a standalone product; has been discontinued and replaced by other solutions; Xero the Early plan caps you at 20 invoices and 5 bills per month, and the invoice limit counts both approving and sending
  • They diverge on capability: Prospect covers BIM visualization, Xero covers Bank reconciliation.

Where they differ

Only the attributes on which Prospect and Xero actually diverge.

Attributes where Prospect and Xero differ
AttributeProspectXero
Starting price$225/month$13/month
Pricing modelUnknownsubscription
PlatformsVR Headsets (Oculus Rift, HTC Vive, Meta Quest)Web, Ios, Android, Api
CategoryProposal & QuoteAll industries
Founded20142006

Identical on both: free tier (No), user rating (Not yet rated).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Prospect

  • BIM visualization
  • Real-scale viewing
  • Collaboration
  • Annotations
  • Revit
  • SketchUp
  • Rhino
  • Navisworks

Only in Xero

  • Bank reconciliation
  • Invoicing
  • Bill payment
  • Expense claims
  • Financial reporting
  • Inventory tracking
  • Project tracking
  • Mobile apps

What people use each for

The jobs each tool is most often brought in to do.

Prospect

  • VR Gamingnot Xero
  • AR Marketingnot Xero
  • Virtual Trainingnot Xero
  • 3D Visualizationnot Xero
  • Immersive Experiencesnot Xero

Xero

  • Small business bookkeeping, invoicing and bank reconciliationnot Prospect
  • Bill payment and purchase order managementnot Prospect
  • Sharing books with an accountant or bookkeepernot Prospect

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Prospect

  • No longer available as a standalone product; has been discontinued and replaced by other solutions
  • Acquisition by The Wild in 2021 resulted in product discontinuation and transition to Workshop XR
  • No ongoing development, bug fixes, or feature updates since acquisition

Xero

  • The Early plan caps you at 20 invoices and 5 bills per month, and the invoice limit counts both approving and sending
  • Invoices created by connected app partners count against the Early plan invoice limit
  • Multiple currencies, project time and cost tracking, employee expense and mileage claims and industry benchmarking are restricted to the top Established plan at $90 per month
  • Cash flow forecasting is capped at 30 days on Early and 60 days on Growing, with 180 days only on Established
  • Payroll is not included in any plan and costs an extra $36 a month plus $6 per employee or contractor through Gusto
  • Inventory Plus is a paid optional add-on rather than part of any plan
  • The advertised 90% off applies only to the first 6 months, after which the regular $25, $55 or $90 monthly price auto-renews
  • The introductory discount excludes add-ons, usage charges and payment fees
  • Payment fees apply to online invoice payments and to bill payments other than standard domestic ACH, and are billed on top of the subscription
  • Subscriptions are billed monthly with no annual payment option, and after upgrading you must wait one month before downgrading to a cheaper plan
  • Xero states subscription prices are increasing from October 1, 2026

Pricing, plan by plan

Prospect

$225/month
  • Team$350/month
    • Multiuser VR collaboration
    • Design review tools
    • Voice communication

Xero

$13/month
  • Early$13/month
    • Send 20 invoices
    • Enter 5 bills
    • Reconcile bank transactions
  • Growing$37/month
    • Unlimited invoices & bills
    • Bulk reconcile transactions
    • Short-term cash flow
  • Established$70/month
    • Everything in Growing
    • Use multiple currencies
    • Track projects

Which should you pick?

Choose Prospect if

  • You need bim visualization.
  • You work on VR Headsets (Oculus Rift, HTC Vive, Meta Quest).
  • You also want real-scale viewing.
Prospect review

Choose Xero if

  • You need bank reconciliation.
  • You work on Web, Ios, Android, Api.
  • You also want invoicing.
Xero review

Questions people ask

Is Prospect or Xero better?
Neither clearly leads. Prospect starts at $225/month and Xero at $13/month, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Prospect or Xero?
Prospect starts at $225/month and Xero at $13/month.
Does Prospect or Xero run on more platforms?
Prospect runs on VR Headsets (Oculus Rift, HTC Vive, Meta Quest). Xero runs on Web, Ios, Android, Api.
What is Prospect best used for?
Prospect is most often used for vr gaming, ar marketing, virtual training, 3d visualization. Of those, vr gaming and ar marketing are not what Xero is typically brought in for.
What can Prospect do that Xero cannot?
Prospect covers BIM visualization, Real-scale viewing, Collaboration, Annotations. Xero covers Bank reconciliation, Invoicing, Bill payment, Expense claims.

Answered from the vendors’ own pages

Prospect: What is Prospect by IrisVR?

Prospect was an immersive VR application that converted 3D design files from Revit, Rhino, SketchUp, and Navisworks into virtual reality walkthroughs with one click. It enabled AEC teams to conduct design reviews, collaborate in VR, and present projects to clients immersively.

Source
Prospect: Is Prospect still available?

No. Prospect by IrisVR was acquired by The Wild in February 2021 and has been discontinued. Autodesk Workshop XR is now the recommended successor for AEC teams migrating from Prospect.

Source
Prospect: How was Prospect priced?

Prospect's Team plan cost approximately $350 per workstation per month when billed annually. Earlier pricing information from 2020 showed starting prices around $225. Custom enterprise pricing was available.

Source
Prospect: What VR headsets did Prospect support?

Prospect was compatible with major VR headsets including Oculus Rift, HTC Vive, and later Meta Quest. Support depended on the runtime and connection method available.

Source
Prospect: What was Prospect's biggest advantage?

Prospect's one-click conversion from native design files (Revit, Rhino, SketchUp) into immersive VR experiences was its primary value proposition, enabling non-VR specialists to easily create compelling design reviews and client presentations.

Source
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