Juuli vs. Xolo Go: Why Juuli Is the Superior Choice for Freelancers

In the world of freelancing, efficient invoicing and financial management are keys to success. Freelancers often find themselves comparing various platforms to find the best fit for their needs. In this comprehensive comparison, we will examine Juuli and Xolo Go, focusing on how Juuli stands out as the more advantageous choice for freelancers.

Overview of Juuli and Xolo Go

Juuli and Xolo Go are platforms designed to simplify the invoicing process for freelancers, but they offer different features and benefits.

Juuli: Simplifying Freelance Invoicing

Juuli is a user-friendly invoicing platform tailored to the needs of freelancers. Key features include:

• Hassle-free invoicing with no company setup required.
• Open a Juuli account in just 5 minutes and start getting paid in as little as 10 minutes.
• First invoice is free. %0 commission on your first invoice.
• Dedicated multi-currency IBAN, enabling easy handling of transactions in various currencies.
• Pay-as-you-go model with competitive commission rates (6% on most invoices and 2% on TRY invoices).
• No need for an overseas bank account.
• Enhanced security and compliance with tax laws.
• Designed to be intuitive, Juuli allows freelancers to create and manage invoices without complex procedures.

Xolo Go: A Different Approach

Xolo Go offers a unique approach, providing freelancers with:

• A portion of their company for legal invoicing.
• Business bank account (IBAN).
• Instant invoice generator and automated VAT calculator.
• Real-time business dashboard.
• Charges of 5.9% on withdrawals to personal bank accounts.

Detailed Comparison

1. Ease of Use and Accessibility

• Juuli: Designed for simplicity, Juuli's platform allows freelancers to create and send invoices effortlessly without needing to understand complex financial systems.
• Xolo Go: Offers a real-time dashboard and automated tools, but requires understanding of more complex features like VAT calculations.

2. Financial Management

• Juuli: Streamlines the invoicing process, making financial management more accessible for freelancers who may not have extensive accounting knowledge.
• Xolo Go: Provides a detailed business dashboard, which can be more suitable for those comfortable with in-depth financial monitoring.

3. Global Reach and Currency Support

• Juuli: Offers freelancers a dedicated Multi-Currency IBAN, ensuring effortless transaction handling in various currencies and providing seamless payment support for both local and international clients.
• Xolo Go: Also supports multiple currencies but is more focused on the European market with its IBAN feature.

4. Commission Rates and Pricing

• Juuli: Your first invoice is completely free, irrespective of its amount, allowing you to enjoy Juuli's invoicing services without any initial cost.After that, offers a straightforward pay-as-you-go model with transparent commission rates that are among the lowest in the market.
• Xolo Go: Charges 5.9% on withdrawals, which may not be as cost-effective for freelancers who frequently withdraw smaller amounts.

5. Security and Compliance

• Juuli: Places a strong emphasis on security and compliance, ensuring freelancers' invoicing aligns with current regulations and tax laws.
• Xolo Go: Offers standard security features but with a focus more on the business side of freelancing.

6. Integrations

Juuli: 

VAT Integration

When it comes to giving clients the most streamlined fintech and invoicing tool, Juuli takes a flexible approach, allowing freelancers to connect their workflow with the most universal tools and platforms. Juuli’s VAT automation allows freelancers to create accurate invoices where reverse tax and company verification is taken care of for them through enhanced KYB tools Juuli has in its arsenal.

Debit card 

Juuli’s one other integration is about the recent financial tools Juulians love to use. Recent debit cards (ATM cards) and Juuli.io provides a dedicated debit card that freelancers can use for their business-related transactions.The debit card is linked directly to the freelancer's Juuli.io account, allowing for easy access to funds earned through freelancing activities. Users can make purchases, withdraw cash, or conduct other financial transactions using the Juuli.io debit card, offering flexibility and convenience in managing their finances.

Credit Line

Juuli.io understands the periodic nature of freelancing income and the need for financial flexibility. As a solution, it offers credit line integrations. Freelancers can access a credit line based on their earnings and financial history on the Juuli.io platform. This credit line can be used for various purposes, such as covering business expenses, managing cash flow during lean periods, or seizing new opportunities without immediate funds.

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Xolo Go:

Xolo’s Value Added Tax (VAT) automation involves the use of software tools to automate the calculation, reporting, and filing of VAT. For freelancers, this can be particularly helpful in ensuring compliance with tax regulations and reducing the administrative burden associated with VAT obligations.

Why Juuli Is the Preferred Choice

Juuli is not just an invoicing tool; it's a comprehensive solution designed specifically for freelancers. It excels in areas where Xolo Go falls short:

First Invoice is completely FREE: Kickstart your Juuli journey with an absolutely free first invoice, no matter the total – a perfect way to dive into hassle-free invoicing without dipping into your wallet!

User-Friendliness: Juuli's platform is designed for ease of use, ensuring that even freelancers new to financial management can navigate it with ease.

Transparent and Lower Costs: With its competitive commission rates, Juuli ensures that freelancers retain a larger portion of their earnings.

Global Flexibility: Juuli’s support for multiple currencies and no requirement for an overseas bank account makes it ideal for freelancers working with a diverse, international client base.

Security and Compliance: Juuli’s focus on security and staying up-to-date with tax laws provides peace of mind, allowing freelancers to focus on their work without worrying about the intricacies of financial compliance.

In conclusion, while Xolo Go offers a unique set of tools for freelancers, Juuli stands out as the more versatile, cost-effective, and user-friendly option. Its commitment to simplicity, security, and global reach makes it the superior choice for freelancers looking to manage their invoicing and payments efficiently.

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Join Juuli today and experience the difference in managing your freelance finances!