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Best Accounting Software in 2024 | FinancesOnline
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FinancesOnline free <img src="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACH5BAEAAAAALAAAAAABAAEAAAICRAEAOw==" data-src="https://financesonline.com/media/themes/fot/dist/img/why_blue.png" data-srcset="https://financesonline.com/media/themes/fot/dist/img/why_blue.png 1x, https://financesonline.com/media/themes/fot/dist/img/why_blue@2x.png 2x" alt="Why FO is free" class="lazyload"> </a> </div> <div class="clearfix"></div> </div> <div id="fo-category-tabs" class="page-category__tabs dynamic-tabs"> <div class="main-container"> <a class="page-category__tab active big-tab" href="/c/accounting-software/" data-target="#top20-tab" data-term="101" data-nojs="true" data-small-cat="true" > <h1>Best Accounting Software in 2024</h1> </a> <a class="page-category__tab " href="/c/accounting-software/?top10" data-target="#top10-tab" data-term="101">Product Comparisons</a> </div> </div> <div id="dynamic-tab-content"> <div id="cat-top20" class="page-category__tab-content"> <div id="category-top20" class="category category--white flex-order" data-cat="101"> <div id="category-what-is" class="main-container order-2 content-visibility"> <div class="category__sections no-border"> <h3><span class="cat-icon cat-icon--what-is"></span>What is Accounting Software?</h3> <p>Accounting software is a suite of computer applications and programs that automate financial management in the corporate environment and help managers handle their accounting activities. Accounting software systems are designed for freelance accountants and accounting teams, based on which they vary from simple single-entry apps to enterprise-grade, double-entry solutions. <a href="#" class="show-more-js">Show more</a><span class="show-more-hidden"><br /> The software helps reduce expenses and report accurately on your financial activities, and improves the quality of your accounting decisions. It can be deployed locally, or in cloud, depending on whether you intend to manage your own updates and security. Start by checking our leader <a href='https://reviews.financesonline.com/p/netsuite-accounting/'>NetSuite ERP</a>, and other recommended solutions in this category.<a href="#" class="show-less-js">Show less</a></span></p> <h3 id="category-how"><span class="cat-icon cat-icon--ranking"></span>How was this ranking made?</h3> <p>To create this list of best Accounting Software we have evaluated 1,732 popular applications currently available on the market, analyzing their features, how easy are they are to learn, customer servive, offered integrations with other systems and mobile device support using our unique <a href="/scoring-methodology/" title="Scoring Methodology">SmartScore<sup>TM</sup></a> rating algorithm. This ranking has been prepared by Nestor Gilbert, our B2B aurhority dedicated to the Accounting Software category.</p> </div> </div> <div class="main-container order-1"> <div class="col col--75 col--sm"> <div class="cats-tabs tabs"> <div class="cats-tabs__content"> <div id="cats-0" class="cats-tabs__content-inner tabs-content active"> <div class="category__rank"> <div class="category__rank-head"> <h3>List of Top 14 Accounting Software</h3> <div class="category__rank-sort"> <a data-modal="#why-fo-free" title="Why FO is free" href="#"> <img src="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACH5BAEAAAAALAAAAAABAAEAAAICRAEAOw==" data-src="https://financesonline.com/media/themes/fot/dist/img/why-smaller.png" data-srcset="https://financesonline.com/media/themes/fot/dist/img/why-smaller.png 1x, https://financesonline.com/media/themes/fot/dist/img/why-smaller@2x.png 2x" alt="Why FO is free" class="lazyload"> </a> Order by: <div class="category__rank-dd nice-dropdown" data-ajax="https://financesonline.com/wp-admin/admin-ajax.php" data-term="101" data-size="small_business" data-count="14" data-taxonomy="category_apps"> <span>Sponsored</span> <ul> <li data-sort="sponsored">Sponsored</li> <li data-sort="score">Score</li> </ul> </div> </div> </div> <div id="small_business_box"> <div class="category__rank-item fo-button-data content-visibility" data-dst="aHR0cHM6Ly9yZXZpZXdzLmZpbmFuY2Vzb25saW5lLmNvbS9wL25ldHN1aXRlLWFjY291bnRpbmcvI2NhdGVnb3J5PWFjY291bnRpbmctc29mdHdhcmU="> <div class="category__rank-thumb"> <div class="category__rank-logo fo-button-get-href"> <img width="186" height="96" src="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACH5BAEAAAAALAAAAAABAAEAAAICRAEAOw==" class="lazyload" alt="NetSuite ERP reviews" sizes="(max-width: 186px) 100vw, 186px" data-srcset="https://s.financesonline.com/uploads/2020/01/vpb5eddfb476d57b86ffa59d24113f494e.png 186w, https://s.financesonline.com/uploads/2020/01/vpb5eddfb476d57b86ffa59d24113f494e-93x48.png 93w" /> </div> <div class="category__rank-compare"> <div class="select-more">Select more products to compare</div> <input id="compare-112811" data-id="112811" type="checkbox"> <span></span> <label for="compare-112811">Compare</label> <a class="btn btn--blue-hover" href="#" data-url="https://financesonline.com/compare/" title="Compare">Compare <span></span> selected products</a> </div> </div> <div class="category__rank-info"> <h4> <a href="https://reviews.financesonline.com/p/netsuite-accounting/" title="NetSuite ERP"> <span>1. </span> NetSuite ERP </a> </h4> <span>Our score: <span class="blue">9.7</span><a href="#" data-modal="#score-modal" data-dynamic="yes" class="icon icon--question"></a></span> <span>User satisfaction: <span class="blue">97%</span><a href="#" data-modal="#user-modal" data-dynamic="yes" class="icon icon--question"></a></span> <p>A scalable cloud ERP solution for growing medium-sized businesses and large enterprises. It offers complete control and automation options in managing financials, billing, orders, inventory, fixed assets, and revenue. It also has different modules to help you embed your accounting with other key business processes.</p> </div> <div class="category__rank-btns"> <button type="button" data-dst="Iw==" class="btn btn--blue-hover fo-button-get-href" >READ REVIEW</button> <button type="button" data-dst="aHR0cHM6Ly9maW5hbmNlc29ubGluZS5jb20vc2VlL25ldHN1aXRlZXJwYWNjb3VudGluZy8=" class=" btn" >VISIT WEBSITE</button> </div> </div> <div class="category__rank-item fo-button-data content-visibility" data-dst="aHR0cHM6Ly9yZXZpZXdzLmZpbmFuY2Vzb25saW5lLmNvbS9wL3RpcGFsdGkvI2NhdGVnb3J5PWFjY291bnRpbmctc29mdHdhcmU="> <div class="category__rank-thumb"> <div class="category__rank-logo fo-button-get-href"> <img width="200" height="104" src="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACH5BAEAAAAALAAAAAABAAEAAAICRAEAOw==" class="lazyload" alt="Tipalti reviews" sizes="(max-width: 200px) 100vw, 200px" data-srcset="https://s.financesonline.com/uploads/2020/04/tipaltismall.png 200w, https://s.financesonline.com/uploads/2020/04/tipaltismall-93x48.png 93w" /> </div> <div class="category__rank-compare"> <div class="select-more">Select more products to compare</div> <input id="compare-14359" data-id="14359" type="checkbox"> <span></span> <label for="compare-14359">Compare</label> <a class="btn btn--blue-hover" href="#" data-url="https://financesonline.com/compare/" title="Compare">Compare <span></span> selected products</a> </div> </div> <div class="category__rank-info"> <h4> <a href="https://reviews.financesonline.com/p/tipalti/" title="Tipalti"> <span>2. </span> Tipalti </a> </h4> <span>Our score: <span class="blue">9.1</span><a href="#" data-modal="#score-modal" data-dynamic="yes" class="icon icon--question"></a></span> <span>User satisfaction: <span class="blue">100%</span><a href="#" data-modal="#user-modal" data-dynamic="yes" class="icon icon--question"></a></span> <p>A cloud-based solution that automates complex global payment processing operations from onboarding to tax compliance. It also helps you stay secure thanks to features such as payment fraud detection and payment risk management. Its end-to-end accounts payable automation service boosts its users’ accounting efficiency, accuracy, and safety. </p> </div> <div class="category__rank-btns"> <button type="button" data-dst="Iw==" class="btn btn--blue-hover fo-button-get-href" >READ REVIEW</button> <button type="button" data-dst="aHR0cHM6Ly9maW5hbmNlc29ubGluZS5jb20vc2VlL3RpcGFsdGkv" class=" btn" >VISIT WEBSITE</button> </div> </div> <div class="category__rank-item fo-button-data content-visibility" data-dst="aHR0cHM6Ly9yZXZpZXdzLmZpbmFuY2Vzb25saW5lLmNvbS9wL3BheWNoZXgvI2NhdGVnb3J5PWFjY291bnRpbmctc29mdHdhcmU="> <div class="category__rank-thumb"> <div class="category__rank-logo fo-button-get-href"> <img width="186" height="96" src="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACH5BAEAAAAALAAAAAABAAEAAAICRAEAOw==" class="lazyload" alt="Paychex reviews" sizes="(max-width: 186px) 100vw, 186px" data-srcset="https://s.financesonline.com/uploads/2020/06/Paychex-logo2.png 186w, https://s.financesonline.com/uploads/2020/06/Paychex-logo2-93x48.png 93w" /> </div> <div class="category__rank-compare"> <div class="select-more">Select more products to compare</div> <input id="compare-59281" data-id="59281" type="checkbox"> <span></span> <label for="compare-59281">Compare</label> <a class="btn btn--blue-hover" href="#" data-url="https://financesonline.com/compare/" title="Compare">Compare <span></span> selected products</a> </div> </div> <div class="category__rank-info"> <h4> <a href="https://reviews.financesonline.com/p/paychex/" title="Paychex"> <span>3. </span> Paychex </a> </h4> <span>Our score: <span class="blue">8.6</span><a href="#" data-modal="#score-modal" data-dynamic="yes" class="icon icon--question"></a></span> <span>User satisfaction: <span class="blue">90%</span><a href="#" data-modal="#user-modal" data-dynamic="yes" class="icon icon--question"></a></span> <p>Paychex is a payroll, HR & Benefits Management System for business owners, entrepreneurs, small to medium businesses and large enterprises.</p> </div> <div class="category__rank-btns"> <button type="button" data-dst="Iw==" class="btn btn--blue-hover fo-button-get-href" >READ REVIEW</button> <button type="button" data-dst="aHR0cHM6Ly9maW5hbmNlc29ubGluZS5jb20vc2VlL3BheWNoZXhtdmYv" class=" btn" >VISIT WEBSITE</button> </div> </div> <div class="category__rank-item fo-button-data content-visibility" data-dst="aHR0cHM6Ly9yZXZpZXdzLmZpbmFuY2Vzb25saW5lLmNvbS9wL2p1c3R3b3Jrcy8jY2F0ZWdvcnk9YWNjb3VudGluZy1zb2Z0d2FyZQ=="> <div class="category__rank-thumb"> <div class="category__rank-logo fo-button-get-href"> <img width="186" height="96" src="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACH5BAEAAAAALAAAAAABAAEAAAICRAEAOw==" class="lazyload" alt="Justworks reviews" sizes="(max-width: 186px) 100vw, 186px" data-srcset="https://s.financesonline.com/uploads/2023/10/Justworks-small-thumbnail-1.png 186w, https://s.financesonline.com/uploads/2023/10/Justworks-small-thumbnail-1-93x48.png 93w" /> </div> <div class="category__rank-compare"> <div class="select-more">Select more products to compare</div> <input id="compare-371609" data-id="371609" type="checkbox"> <span></span> <label for="compare-371609">Compare</label> <a class="btn btn--blue-hover" href="#" data-url="https://financesonline.com/compare/" title="Compare">Compare <span></span> selected products</a> </div> </div> <div class="category__rank-info"> <h4> <a href="https://reviews.financesonline.com/p/justworks/" title="Justworks"> <span>4. </span> Justworks </a> </h4> <span>Our score: <span class="blue">9.0</span><a href="#" data-modal="#score-modal" data-dynamic="yes" class="icon icon--question"></a></span> <span>User satisfaction: <span class="blue">97%</span><a href="#" data-modal="#user-modal" data-dynamic="yes" class="icon icon--question"></a></span> <p>A comprehensive HR and payroll system designed to help small and medium-sized businesses. This cloud-based platform streamlines payroll processing, onboarding, benefits, and tax filing workflows and automates deposits and notifications. Justworks also carries an interactive time tracker, provides HR consulting, and offers round-the-clock support to users. </p> </div> <div class="category__rank-btns"> <button type="button" data-dst="Iw==" class="btn btn--blue-hover fo-button-get-href" >READ REVIEW</button> <button type="button" data-dst="aHR0cHM6Ly9maW5hbmNlc29ubGluZS5jb20vc2VlL2p1c3R3b3Jrcy8=" class=" btn" >VISIT WEBSITE</button> </div> </div> <div class="category__rank-item fo-button-data content-visibility" data-dst="aHR0cHM6Ly9yZXZpZXdzLmZpbmFuY2Vzb25saW5lLmNvbS9wL2ludGFjY3QvI2NhdGVnb3J5PWFjY291bnRpbmctc29mdHdhcmU="> <div class="category__rank-thumb"> <div class="category__rank-logo fo-button-get-href"> <img width="200" height="103" src="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACH5BAEAAAAALAAAAAABAAEAAAICRAEAOw==" class="lazyload" alt="Sage Intacct reviews" sizes="(max-width: 200px) 100vw, 200px" data-srcset="https://s.financesonline.com/uploads/2014/10/sage-Intacct-logo1.png 200w, https://s.financesonline.com/uploads/2014/10/sage-Intacct-logo1-93x48.png 93w" /> </div> <div class="category__rank-compare"> <div class="select-more">Select more products to compare</div> <input id="compare-259" data-id="259" type="checkbox"> <span></span> <label for="compare-259">Compare</label> <a class="btn btn--blue-hover" href="#" data-url="https://financesonline.com/compare/" title="Compare">Compare <span></span> selected products</a> </div> </div> <div class="category__rank-info"> <h4> <a href="https://reviews.financesonline.com/p/intacct/" title="Sage Intacct"> <span>5. </span> Sage Intacct </a> </h4> <span>Our score: <span class="blue">9.4</span><a href="#" data-modal="#score-modal" data-dynamic="yes" class="icon icon--question"></a></span> <span>User satisfaction: <span class="blue">99%</span><a href="#" data-modal="#user-modal" data-dynamic="yes" class="icon icon--question"></a></span> <p>Sage Intacct offers a wide range of out-of-the-box features with customizable functions to fit various conversion funnels and purchase orders. This cloud-based solution empowers users with tools to enhance efficiency to grow their businesses.</p> </div> <div class="category__rank-btns"> <button type="button" data-dst="Iw==" class="btn btn--blue-hover fo-button-get-href" >READ REVIEW</button> <button type="button" data-dst="aHR0cHM6Ly9maW5hbmNlc29ubGluZS5jb20vc2VlL3NhZ2VpbnRhY2N0Lw==" class=" btn" >VISIT WEBSITE</button> </div> </div> <div class="category__rank-item fo-button-data content-visibility" data-dst="aHR0cHM6Ly9yZXZpZXdzLmZpbmFuY2Vzb25saW5lLmNvbS9wL2FpcmJhc2UvI2NhdGVnb3J5PWFjY291bnRpbmctc29mdHdhcmU="> <div class="category__rank-thumb"> <div class="category__rank-logo fo-button-get-href"> <img width="186" height="96" src="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACH5BAEAAAAALAAAAAABAAEAAAICRAEAOw==" class="lazyload" alt="Airbase reviews" sizes="(max-width: 186px) 100vw, 186px" data-srcset="https://s.financesonline.com/uploads/2021/12/Airbase-logo-2.png 186w, https://s.financesonline.com/uploads/2021/12/Airbase-logo-2-93x48.png 93w" /> </div> <div class="category__rank-compare"> <div class="select-more">Select more products to compare</div> <input id="compare-311219" data-id="311219" type="checkbox"> <span></span> <label for="compare-311219">Compare</label> <a class="btn btn--blue-hover" href="#" data-url="https://financesonline.com/compare/" title="Compare">Compare <span></span> selected products</a> </div> </div> <div class="category__rank-info"> <h4> <a href="https://reviews.financesonline.com/p/airbase/" title="Airbase"> <span>6. </span> Airbase </a> </h4> <span>Our score: <span class="blue">9.3</span><a href="#" data-modal="#score-modal" data-dynamic="yes" class="icon icon--question"></a></span> <span>User satisfaction: <span class="blue">94%</span><a href="#" data-modal="#user-modal" data-dynamic="yes" class="icon icon--question"></a></span> <p>Airbase is an expense management platform that permits leaders, managers, and employees to leverage corporate card, bill payment, and reimbursement solutions to build a healthy spend culture. </p> </div> <div class="category__rank-btns"> <button type="button" data-dst="Iw==" class="btn btn--blue-hover fo-button-get-href" >READ REVIEW</button> <button type="button" data-dst="aHR0cHM6Ly9maW5hbmNlc29ubGluZS5jb20vc2VlL2FpcmJhc2Uv" class=" btn" >VISIT WEBSITE</button> </div> </div> <div class="category__rank-item fo-button-data content-visibility" data-dst="aHR0cHM6Ly9yZXZpZXdzLmZpbmFuY2Vzb25saW5lLmNvbS9wL2FkcC13b3JrZm9yY2Utbm93LyNjYXRlZ29yeT1hY2NvdW50aW5nLXNvZnR3YXJl"> <div class="category__rank-thumb"> <div class="category__rank-logo fo-button-get-href"> <img width="186" height="96" src="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACH5BAEAAAAALAAAAAABAAEAAAICRAEAOw==" class="lazyload" alt="ADP Workforce Now reviews" sizes="(max-width: 186px) 100vw, 186px" data-srcset="https://s.financesonline.com/uploads/2019/08/adp-logo22.png 186w, https://s.financesonline.com/uploads/2019/08/adp-logo22-93x48.png 93w" /> </div> <div class="category__rank-compare"> <div class="select-more">Select more products to compare</div> <input id="compare-25315" data-id="25315" type="checkbox"> <span></span> <label for="compare-25315">Compare</label> <a class="btn btn--blue-hover" href="#" data-url="https://financesonline.com/compare/" title="Compare">Compare <span></span> selected products</a> </div> </div> <div class="category__rank-info"> <h4> <a href="https://reviews.financesonline.com/p/adp-workforce-now/" title="ADP Workforce Now"> <span>7. </span> ADP Workforce Now </a> </h4> <span>Our score: <span class="blue">8.9</span><a href="#" data-modal="#score-modal" data-dynamic="yes" class="icon icon--question"></a></span> <span>User satisfaction: <span class="blue">99%</span><a href="#" data-modal="#user-modal" data-dynamic="yes" class="icon icon--question"></a></span> <p>ADP Workforce Now is a web-based human resources application designed especially for midsize businesses. Among its core functions are payroll, time and attendance, benefits administration, and talent management. Organizations can also expect to be compliant with various regulations with the help of this software. </p> </div> <div class="category__rank-btns"> <button type="button" data-dst="Iw==" class="btn btn--blue-hover fo-button-get-href" >READ REVIEW</button> <button type="button" data-dst="aHR0cHM6Ly9maW5hbmNlc29ubGluZS5jb20vc2VlL2FkcG12Zi8=" class=" btn" >VISIT WEBSITE</button> </div> </div> <div class="category__rank-item fo-button-data content-visibility" data-dst="aHR0cHM6Ly9yZXZpZXdzLmZpbmFuY2Vzb25saW5lLmNvbS9wL2dhdml0aS8jY2F0ZWdvcnk9YWNjb3VudGluZy1zb2Z0d2FyZQ=="> <div class="category__rank-thumb"> <div class="category__rank-logo fo-button-get-href"> <img width="186" height="96" src="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACH5BAEAAAAALAAAAAABAAEAAAICRAEAOw==" class="lazyload" alt="Gaviti reviews" sizes="(max-width: 186px) 100vw, 186px" data-srcset="https://s.financesonline.com/uploads/2020/02/Gaviti-logo2.png 186w, https://s.financesonline.com/uploads/2020/02/Gaviti-logo2-93x48.png 93w" /> </div> <div class="category__rank-compare"> <div class="select-more">Select more products to compare</div> <input id="compare-333275" data-id="333275" type="checkbox"> <span></span> <label for="compare-333275">Compare</label> <a class="btn btn--blue-hover" href="#" data-url="https://financesonline.com/compare/" title="Compare">Compare <span></span> selected products</a> </div> </div> <div class="category__rank-info"> <h4> <a href="https://reviews.financesonline.com/p/gaviti/" title="Gaviti"> <span>8. </span> Gaviti </a> </h4> <span>Our score: <span class="blue">8.8</span><a href="#" data-modal="#score-modal" data-dynamic="yes" class="icon icon--question"></a></span> <span>User satisfaction: <span class="blue">97%</span><a href="#" data-modal="#user-modal" data-dynamic="yes" class="icon icon--question"></a></span> <p>Gaviti is an AR collection platform that optimizes processes by automating workflows to accelerate cash flow. It initiates automatic workflows and improves visibility and control by employing key metrics.</p> </div> <div class="category__rank-btns"> <button type="button" data-dst="Iw==" class="btn btn--blue-hover fo-button-get-href" >READ REVIEW</button> <button type="button" data-dst="aHR0cHM6Ly9maW5hbmNlc29ubGluZS5jb20vc2VlL2dhdml0aS8=" class=" btn" >VISIT WEBSITE</button> </div> </div> <div class="category__rank-item fo-button-data content-visibility" data-dst="aHR0cHM6Ly9yZXZpZXdzLmZpbmFuY2Vzb25saW5lLmNvbS9wL2FjdW1hdGljYS8jY2F0ZWdvcnk9YWNjb3VudGluZy1zb2Z0d2FyZQ=="> <div class="category__rank-thumb"> <div class="category__rank-logo fo-button-get-href"> <img width="186" height="96" src="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACH5BAEAAAAALAAAAAABAAEAAAICRAEAOw==" class="lazyload" alt="Acumatica reviews" sizes="(max-width: 186px) 100vw, 186px" data-srcset="https://s.financesonline.com/uploads/2024/08/Acumatica-thumbnail.png 186w, https://s.financesonline.com/uploads/2024/08/Acumatica-thumbnail-93x48.png 93w" /> </div> <div class="category__rank-compare"> <div class="select-more">Select more products to compare</div> <input id="compare-43303" data-id="43303" type="checkbox"> <span></span> <label for="compare-43303">Compare</label> <a class="btn btn--blue-hover" href="#" data-url="https://financesonline.com/compare/" title="Compare">Compare <span></span> selected products</a> </div> </div> <div class="category__rank-info"> <h4> <a href="https://reviews.financesonline.com/p/acumatica/" title="Acumatica"> <span>9. </span> Acumatica </a> </h4> <span>Our score: <span class="blue">8.8</span><a href="#" data-modal="#score-modal" data-dynamic="yes" class="icon icon--question"></a></span> <span>User satisfaction: <span class="blue">97%</span><a href="#" data-modal="#user-modal" data-dynamic="yes" class="icon icon--question"></a></span> <p>Features a future-proof and intuitive interface, which supports business growth by allowing employees to access data anytime and anywhere. It also handles everything from finance management and project accounting to inventory management and payroll processing. </p> </div> <div class="category__rank-btns"> <button type="button" data-dst="Iw==" class="btn btn--blue-hover fo-button-get-href" >READ REVIEW</button> <button type="button" data-dst="aHR0cHM6Ly9maW5hbmNlc29ubGluZS5jb20vc2VlL2FjdW1hdGljYS1hY2NvdW50aW5nLw==" class=" btn" >VISIT WEBSITE</button> </div> </div> <div class="category__rank-item fo-button-data content-visibility" data-dst="aHR0cHM6Ly9yZXZpZXdzLmZpbmFuY2Vzb25saW5lLmNvbS9wL3JhbXAvI2NhdGVnb3J5PWFjY291bnRpbmctc29mdHdhcmU="> <div class="category__rank-thumb"> <div class="category__rank-logo fo-button-get-href"> <img width="186" height="96" src="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACH5BAEAAAAALAAAAAABAAEAAAICRAEAOw==" class="lazyload" alt="Ramp reviews" sizes="(max-width: 186px) 100vw, 186px" data-srcset="https://s.financesonline.com/uploads/2023/05/Ramp-Small-Thumbnail.png 186w, https://s.financesonline.com/uploads/2023/05/Ramp-Small-Thumbnail-93x48.png 93w" /> </div> <div class="category__rank-compare"> <div class="select-more">Select more products to compare</div> <input id="compare-366338" data-id="366338" type="checkbox"> <span></span> <label for="compare-366338">Compare</label> <a class="btn btn--blue-hover" href="#" data-url="https://financesonline.com/compare/" title="Compare">Compare <span></span> selected products</a> </div> </div> <div class="category__rank-info"> <h4> <a href="https://reviews.financesonline.com/p/ramp/" title="Ramp"> <span>10. </span> Ramp </a> </h4> <span>Our score: <span class="blue">8.7</span><a href="#" data-modal="#score-modal" data-dynamic="yes" class="icon icon--question"></a></span> <span>User satisfaction: <span class="blue">97%</span><a href="#" data-modal="#user-modal" data-dynamic="yes" class="icon icon--question"></a></span> <p>A smart expense management and finance automation platform that automates receipt tracking and workflows, simplifies accounting, consolidates spend reporting, and issues unlimited corporate cards. The software is free to use and integrates with a large number of business applications. </p> </div> <div class="category__rank-btns"> <button type="button" data-dst="Iw==" class="btn btn--blue-hover fo-button-get-href" >READ REVIEW</button> <button type="button" data-dst="aHR0cHM6Ly9maW5hbmNlc29ubGluZS5jb20vc2VlL3JhbXAtYWNjb3VudGluZy8=" class=" btn" >VISIT WEBSITE</button> </div> </div> <div class="category__rank-item fo-button-data content-visibility" data-dst="aHR0cHM6Ly9yZXZpZXdzLmZpbmFuY2Vzb25saW5lLmNvbS9wL3pvaG8tYm9va3MvI2NhdGVnb3J5PWFjY291bnRpbmctc29mdHdhcmU="> <div class="category__rank-thumb"> <div class="category__rank-logo fo-button-get-href"> <img width="186" height="96" src="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACH5BAEAAAAALAAAAAABAAEAAAICRAEAOw==" class="lazyload" alt="Zoho Books reviews" sizes="(max-width: 186px) 100vw, 186px" data-srcset="https://s.financesonline.com/uploads/2023/07/Small-Thumbnail-Zoho-Books.png 186w, https://s.financesonline.com/uploads/2023/07/Small-Thumbnail-Zoho-Books-93x48.png 93w" /> </div> <div class="category__rank-compare"> <div class="select-more">Select more products to compare</div> <input id="compare-14326" data-id="14326" type="checkbox"> <span></span> <label for="compare-14326">Compare</label> <a class="btn btn--blue-hover" href="#" data-url="https://financesonline.com/compare/" title="Compare">Compare <span></span> selected products</a> </div> </div> <div class="category__rank-info"> <h4> <a href="https://reviews.financesonline.com/p/zoho-books/" title="Zoho Books"> <span>11. </span> Zoho Books </a> </h4> <span>Our score: <span class="blue">9.6</span><a href="#" data-modal="#score-modal" data-dynamic="yes" class="icon icon--question"></a></span> <span>User satisfaction: <span class="blue">100%</span><a href="#" data-modal="#user-modal" data-dynamic="yes" class="icon icon--question"></a></span> <p>Zoho Books is a comprehensive smart accounting software solution designed for small businesses to better manage their finances and control their cash flow more efficiently. It is also user-friendly, with a clean design yet robust set of features that helps users generate actionable, data-based insights.</p> </div> <div class="category__rank-btns"> <button type="button" data-dst="Iw==" class="btn btn--blue-hover fo-button-get-href" >READ REVIEW</button> <button type="button" data-dst="aHR0cHM6Ly9maW5hbmNlc29ubGluZS5jb20vc2VlL3pvaG9ib29rcy8=" class=" btn" >VISIT WEBSITE</button> </div> </div> <div class="category__rank-item fo-button-data content-visibility" data-dst="aHR0cHM6Ly9yZXZpZXdzLmZpbmFuY2Vzb25saW5lLmNvbS9wL3F1aWNrYm9va3Mtb25saW5lLXNvZnR3YXJlLyNjYXRlZ29yeT1hY2NvdW50aW5nLXNvZnR3YXJl"> <div class="category__rank-thumb"> <div class="category__rank-logo fo-button-get-href"> <img width="186" height="96" src="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACH5BAEAAAAALAAAAAABAAEAAAICRAEAOw==" class="lazyload" alt="QuickBooks Online reviews" sizes="(max-width: 186px) 100vw, 186px" data-srcset="https://s.financesonline.com/uploads/2022/09/Small-Thumbnail-Quickbooks.png 186w, https://s.financesonline.com/uploads/2022/09/Small-Thumbnail-Quickbooks-93x48.png 93w" /> </div> <div class="category__rank-compare"> <div class="select-more">Select more products to compare</div> <input id="compare-144587" data-id="144587" type="checkbox"> <span></span> <label for="compare-144587">Compare</label> <a class="btn btn--blue-hover" href="#" data-url="https://financesonline.com/compare/" title="Compare">Compare <span></span> selected products</a> </div> </div> <div class="category__rank-info"> <h4> <a href="https://reviews.financesonline.com/p/quickbooks-online-software/" title="QuickBooks Online"> <span>12. </span> QuickBooks Online </a> </h4> <span>Our score: <span class="blue">9.3</span><a href="#" data-modal="#score-modal" data-dynamic="yes" class="icon icon--question"></a></span> <span>User satisfaction: <span class="blue">94%</span><a href="#" data-modal="#user-modal" data-dynamic="yes" class="icon icon--question"></a></span> <p>QuickBooks Online is Intuit's comprehensive yet easy-to-use software solution that simplifies accounting tasks for freelancers and small businesses. It offers tools to track expenses, calculate taxes, manage invoices, monitor sales, and more.</p> </div> <div class="category__rank-btns"> <button type="button" data-dst="Iw==" class="btn btn--blue-hover fo-button-get-href" >READ REVIEW</button> <button type="button" data-dst="aHR0cHM6Ly9maW5hbmNlc29ubGluZS5jb20vc2VlL3F1aWNrYm9va3NhY2NvdW50aW5nLw==" class=" btn" >VISIT WEBSITE</button> </div> </div> <div class="category__rank-item fo-button-data content-visibility" data-dst="aHR0cHM6Ly9yZXZpZXdzLmZpbmFuY2Vzb25saW5lLmNvbS9wL2V4cGVydG9wdGlvbi8jY2F0ZWdvcnk9YWNjb3VudGluZy1zb2Z0d2FyZQ=="> <div class="category__rank-thumb"> <div class="category__rank-logo fo-button-get-href"> <img width="186" height="96" src="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACH5BAEAAAAALAAAAAABAAEAAAICRAEAOw==" class="lazyload" alt="ExpertOption reviews" sizes="(max-width: 186px) 100vw, 186px" data-srcset="https://s.financesonline.com/uploads/2018/12/ExpertOption-logo-2.png 186w, https://s.financesonline.com/uploads/2018/12/ExpertOption-logo-2-93x48.png 93w" /> </div> <div class="category__rank-compare"> <div class="select-more">Select more products to compare</div> <input id="compare-130869" data-id="130869" type="checkbox"> <span></span> <label for="compare-130869">Compare</label> <a class="btn btn--blue-hover" href="#" data-url="https://financesonline.com/compare/" title="Compare">Compare <span></span> selected products</a> </div> </div> <div class="category__rank-info"> <h4> <a href="https://reviews.financesonline.com/p/expertoption/" title="ExpertOption"> <span>13. </span> ExpertOption </a> </h4> <span>Our score: <span class="blue">9.0</span><a href="#" data-modal="#score-modal" data-dynamic="yes" class="icon icon--question"></a></span> <span>User satisfaction: <span class="blue">100%</span><a href="#" data-modal="#user-modal" data-dynamic="yes" class="icon icon--question"></a></span> <p>Trading platform based in Vanuatu that is compliant with the country’s financial regulations.</p> </div> <div class="category__rank-btns"> <button type="button" data-dst="Iw==" class="btn btn--blue-hover fo-button-get-href" >READ REVIEW</button> </div> </div> <div class="category__rank-item fo-button-data content-visibility" data-dst="aHR0cHM6Ly9yZXZpZXdzLmZpbmFuY2Vzb25saW5lLmNvbS9wL2hhbmRzaGFrZS8jY2F0ZWdvcnk9YWNjb3VudGluZy1zb2Z0d2FyZQ=="> <div class="category__rank-thumb"> <div class="category__rank-logo fo-button-get-href"> <img width="186" height="96" src="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACH5BAEAAAAALAAAAAABAAEAAAICRAEAOw==" class="lazyload" alt="Handshake reviews" sizes="(max-width: 186px) 100vw, 186px" data-srcset="https://s.financesonline.com/uploads/2019/09/handshake-logo2.png 186w, https://s.financesonline.com/uploads/2019/09/handshake-logo2-93x48.png 93w" /> </div> <div class="category__rank-compare"> <div class="select-more">Select more products to compare</div> <input id="compare-14977" data-id="14977" type="checkbox"> <span></span> <label for="compare-14977">Compare</label> <a class="btn btn--blue-hover" href="#" data-url="https://financesonline.com/compare/" title="Compare">Compare <span></span> selected products</a> </div> </div> <div class="category__rank-info"> <h4> <a href="https://reviews.financesonline.com/p/handshake/" title="Handshake"> <span>14. </span> Handshake </a> </h4> <span>Our score: <span class="blue">8.4</span><a href="#" data-modal="#score-modal" data-dynamic="yes" class="icon icon--question"></a></span> <span>User satisfaction: <span class="blue">98%</span><a href="#" data-modal="#user-modal" data-dynamic="yes" class="icon icon--question"></a></span> <p>Handshake is a software platform that enables you to ditch paper catalogs, order forms, faxes, and data entry. Never write another order by hand.</p> </div> <div class="category__rank-btns"> <button type="button" data-dst="Iw==" class="btn btn--blue-hover fo-button-get-href" >READ REVIEW</button> </div> </div> </div> <div class="category__rank-sort category__rank-sort--mobile-show"> <a data-modal="#why-fo-free" title="Why FO is free" href="#"> <img src="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACH5BAEAAAAALAAAAAABAAEAAAICRAEAOw==" data-src="https://financesonline.com/media/themes/fot/dist/img/why-smaller.png" data-srcset="https://financesonline.com/media/themes/fot/dist/img/why-smaller.png 1x, https://financesonline.com/media/themes/fot/dist/img/why-smaller@2x.png 2x" alt="Why FO is free" class="lazyload"> </a> Order by: <div class="category__rank-dd nice-dropdown" data-ajax="https://financesonline.com/wp-admin/admin-ajax.php" data-term="101" data-size="small_business" data-count="14" data-taxonomy="category_apps"> <span>Sponsored</span> <ul> <li data-sort="sponsored">Sponsored</li> <li 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Business">Payroll Software for Small Business</a><li><a href="/c/time-management-software/" title="Time Management Software">Time Management Software</a><li><a href="/c/time-management-software/free/" title="Free Time Management Software">Free Time Management Software</a> </ul> </div> </div> </div> <div class="order-3 content-visibility"> <div class="main-container"> <div class="col col--75 col--sm"> <div class="category__content"> <img width="1000" height="484" src="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACH5BAEAAAAALAAAAAABAAEAAAICRAEAOw==" class="lazyload toc-img" alt="Accounting Software Guide" sizes="(max-width: 1000px) 100vw, 1000px" data-srcset="https://s.financesonline.com/uploads/2020/04/Accounting-Software-Guide-Regular.png 1000w, https://s.financesonline.com/uploads/2020/04/Accounting-Software-Guide-Regular-300x145.png 300w, https://s.financesonline.com/uploads/2020/04/Accounting-Software-Guide-Regular-768x372.png 768w, https://s.financesonline.com/uploads/2020/04/Accounting-Software-Guide-Regular-93x45.png 93w" /> </div> </div> </div> <div class="main-container"> <div class="col col--75 col--sm"> <h3 class="toc-header margin">Table of contents</h3> </div> <div class="clearfix"></div> </div> <div class="main-container"> <div class="col col--75 col--sm"> <div class="category__sections toggle"> <div class="article-section"> <div class="article-section__text"> <p>Accounting tools are today’s most valuable online asset of finance professionals who wish to automate accounting processes in order to cut costs and boost productivity. Choosing the appropriate programs, however, can be a daunting task, because there are many factors that need to be considered in advance. If you want to find out who the leaders in this category are check out our rankings list of <a href="/c/accounting-software/">top 10 accounting tools</a>. Here are some of the basic stuff you need to know about the best accounting software platforms before you start searching:</p> </div> </div><div class="article-section"> <h3 id="get-to-know-each-product-with-free-trial"><span class="cat-icon cat-icon--free-trial"></span>Get to know each product with free trial</h3> <div class="article-section__text"> <p>Our accounting software reviews show that the diversity of this type of software is just outstanding, and so are the carefully crafted features specialized for a single or multiple industries. This is exactly why choosing the best accounting software can either push your business to the top or be a costly pick that will complicate your financial operations. In order to overcome the challenge, you need to not only realize <a href="/accounting-software-analysis-features-types-benefits-pricing/">what is accounting software</a> and its core features, but also compose a check list of basic requirements and expectations, and consider multiple products that can respond to them. We recommend you to either try out some <a href="/best-free-accounting-software-solutions-consider-2017/">free accounting software</a> tools or to go for at least a few free trials or demo for comparison, starting with some of the top accounting software providers that are currently leading the market: <a href="https://reviews.financesonline.com/p/freshbooks/">FreshBooks reviews</a>, <a href="https://reviews.financesonline.com/p/appsforops-expense-claim/">AppsForOps Expense Claim</a>, <a href="https://reviews.financesonline.com/p/avangate/">Avangate</a>, <a href="https://reviews.financesonline.com/p/stockmarketeye/">StockMarketEye</a>, <a href="https://reviews.financesonline.com/p/float-app/">Float</a>, <a href="https://reviews.financesonline.com/p/nichify-apps/">Nichify Apps</a>, <a href="https://reviews.financesonline.com/p/w3b-management-solutions/">W3B Management Solutions</a>, <a href="https://reviews.financesonline.com/p/e-signlive/">e-SignLive</a>, <a href="https://reviews.financesonline.com/p/netsuite-oneworld/">NetSuite OneWorld</a>, <a href="https://reviews.financesonline.com/p/zoho-invoice/">Zoho Invoice</a>, <a href="https://reviews.financesonline.com/p/chargify/">Chargify</a>, <a href="https://reviews.financesonline.com/p/tipalti/">Tipalti</a>, <a href="https://reviews.financesonline.com/p/xero/">Xero</a>, <a href="https://reviews.financesonline.com/p/workflowmax/">WorkflowMax</a>, <a href="https://reviews.financesonline.com/p/kashflow/">KashFlow</a>, <a href="https://reviews.financesonline.com/p/intacct/">Intacct</a>, and <a href="https://reviews.financesonline.com/p/account-edge/">AccountEdge</a>.</p> </div> </div><div class="article-section"> <h3 id="targeted-businesses"><span class="cat-icon cat-icon--targeted-businesses"></span>Targeted Businesses</h3> <div class="article-section__text"> <ul> <li><strong>Routine small business</strong> – your accounting needs are straightforward. These include: general ledger, accounts payable/accounts receivable, fixed assets, and bank reconciliation. In most cases, you only need the basic plan or core accounting with one or two add-ons to your liking. Vendor support is needed, but very rarely, perhaps only during setup. For a more detailed look on this type of solutions check out our list of <a href="/top-5-accounting-software-small-business-2017/">accounting software for small business</a>.</li> <li><strong>Growing business</strong> – you may have the same accounting needs as a small business now, but you’ll need more robust features in a few months or years. Look for accounting software with scalable options, that is, you can start with a core accounting module and add more modules later.</li> <li><strong>Large enterprise</strong> – you will need more complex and robust accounting modules. For example, instead of getting a core accounting module with bundled budget & forecast or fixed asset features, it’s recommended to get full but integrated modules. Standalone modules can handle multiple data from different departments and consolidate them to get an overall picture. In many instances, vendors need to quote a price based on the large enterprise’ specific processes. If you need some suggestions on this type of tools take a look at our list of <a href="/5-accounting-software-solutions-built-for-the-big-players/">accounting software for enterprises</a>.</li> <li><strong>Specific industries</strong> – some businesses like engineering and construction firms require features that enable them to break down costing and estimation by project or other categories. Software development companies also need features to match the development phases specific to launching new products. Likewise, nonprofits and fundraising entities need accounting solutions that incorporate reporting requirements specific to them. If your business has a specific need, check for accounting solutions that specialize on your field.</li> </ul> </div> </div><div class="article-section"> <h3 id="accounting-software-for-enterprises"><span class="cat-icon cat-icon--enterprises"></span>Accounting Software for enterprises</h3> <div class="article-section__text"> <p>More than SMB assets, accounting software tools are designed for large enterprises in need of robust and complex finance modules that can handle large amount of data. Most of the well-developed accounting & finance systems are built and integrated in accordance with large businesses’ requirements, and provide the full ROI and functionality picture, rather than simply forecasting the budget or handling fixed assets. At the same time, accounting software products are designed to blend within every software architecture, eliminating the need to pay for additional functionality. Most of these product are also priced by quote, so that they will give every business exactly what it needs. For a more detailed overview of the category there is also our <a href="/15-best-accounting-software-systems-business/">top 15 accounting solutions</a> that you can take a look at to do general comparisons of the different programs.</p> </div> </div><div class="article-section"> <h3 id="examples-of-accounting-software"><span class="cat-icon cat-icon--examples"></span>Examples of Accounting Software</h3> <div class="article-section__text"> <ul> <li><strong><a href="https://reviews.financesonline.com/p/freshbooks/">FreshBooks</a>:</strong> A smart cloud solution for small businesses that can streamline client invoicing. Its distinctive features are recurring subscriptions and the possibility to collect payment online (via PayPal, for instance).</li> <li><strong><a href="https://reviews.financesonline.com/p/quickbooks-online/">QuickBooks Online</a></strong>: an ideal accounting software for freelancers and small businesses. This app allows full capabilities to up to five users and limited functionalities to an unlimited number of users.</li> <li><strong><a href="https://reviews.financesonline.com/p/brightpearl/">Brightpearl</a></strong>: A multi-channel retail management system that handles inventory and accounting at a single platform. It is highly recommended because of its strong integrations with major retail platforms (Amazon, eBay, Magento, etc.)</li> <li><a href="https://reviews.financesonline.com/p/intacct/"><strong>Intacct</strong>:</a> A recognized CPA’s financial-related applications provider, suitable mostly for growing businesses that require active financial monitoring.</li> <li><a href="https://reviews.financesonline.com/p/quickbooks-enterprise/"><strong>QuickBooks</strong> <strong>Enterprise</strong>:</a> It has an intuitive and easy-to-read interface, which is why it is perfect for non-accountant users. Together with the basic packages, it offers industry-specific solutions.</li> <li><strong><a href="https://reviews.financesonline.com/p/xero/">Xero</a>:</strong> An online accounting app for small businesses and individual users which features a collaboration section for group financial activities.</li> <li><a href="https://reviews.financesonline.com/p/zoho-books/"><strong>Zoho Books</strong></a>: an intuitive accounting solution designed for small businesses to handle their finances and to remain on top of their cash flow.</li> </ul> </div> </div><div class="article-section"> <h3 id="types-of-accounting-software"><span class="cat-icon cat-icon--types"></span>Types of Accounting Software</h3> <div class="article-section__text"> <p>Accounting software can optimize your business in many different ways, depending on who you are or what you’re looking for. Sometimes it’s better to take a look at the bigger picture first, and define the category you belong to before investing in a product.</p> <ul> <li><strong>Payroll Software.</strong> Payroll programs are standard tools for accounting and drafting reports, which work with drag-and-drop capabilities and are usually easy to understand. Their main feature are cash-flow calculators applied by multiple users, and they are far more industry-specific than other accounting products.</li> <li><strong>Enterprise Resource Management Software (ERP)</strong>. ERP suites include all the standard reports and financial tools, the same as points of sale, inventory control, billing, purchasing, and customer relationship management. They can also be industry-specific, particularly for sectors such as construction and manufacturing.</li> <li><strong>Freemium Software.</strong> The main difference between this type and the other two types is that accounting features are slightly limited, or require paid subscriptions in order to be accessed. Most of them are on-premise, meaning that you have to use your company data or your financial information to download them.</li> </ul> </div> </div><div class="article-section"> <h3 id="key-features-of-accounting-software"><span class="cat-icon cat-icon--key-features"></span>Key Features of Accounting Software</h3> <div class="article-section__text"> <ul> <li><strong>Core accounting </strong>– it’s the basic component of all accounting software, so make sure you’re getting this module. Features include general ledger, accounts payable, accounts receivable, fixed assets, and bank reconciliation. Most vendors offer this as their basic plan, while a few vendor even give it away as a freemium to get you on board for future paid subscriptions.</li> <li><strong>Billing & Invoicing </strong>– this module can be part of the basic module or as a separate component. It lets you to automate routine collections. Billing & Invoicing can vary by industry based on payment methods, industry standards and practices, and scale of operations.</li> <li><strong>Budget & Forecasting </strong>– often packaged as an add-on, this module lets you estimate next year’s budget based on historic data and sales targets. A standalone module can consolidate different departmental budgeting and forecasts for an overall company estimates, while a bundled feature usually only allows a single budget and forecast tool.</li> <li><strong>Fixed asset </strong>– whether as an add-on or bundled with core accounting, fixed asset lets you manage financial information on important company assets. Features include depreciation calculation; audit history; and cost. This module is critical if the business has a lot of assets in different forms. Otherwise, a bundled fixed asset may suffice.</li> <li><strong>Payroll system </strong>– lets you process employee payrolls, print checks, automatically withhold and pay taxes and create legal and tax reports on schedule. The module is often packaged as an add-on or standalone product. A practical feature to look at is an automated reminder when to issue government payments to avoid penalties.</li> <li><strong>Project accounting </strong>– it’s usually packaged as a standalone product targeted at businesses with project-oriented operations like construction and software firms. This product is usually bundled with core accounting on top of costing and estimation of overheads, labor, materials, and equipment, among others. Project accounting solutions range from simple systems that can manage projects one at a time, or complex solutions for multiple and simultaneous but interrelated projects.</li> <li><strong>Fund accounting </strong>– targeted at nonprofits and government agencies, which have a separate set of financial reporting requirements. Features include: tracking donation expenditures; grant management; and Governmental Accounting Standards Board (GASB) regulations.</li> <li><strong>Inventory management</strong>– it’s a specific module to manage inventory. The system allows you to manage the movement of products to avoid over or under stocking. It features tools to track orders, sales, and deliveries. More specific inventory systems have a tool to calculate stock depreciation if your business has a low shelf-life product line.</li> </ul> </div> </div><div class="article-section"> <h3 id="benefits-of-accounting-software"><span class="cat-icon cat-icon--benefits"></span>Benefits of Accounting Software</h3> <div class="article-section__text"> <p>Automating finance and accounting processes is driven by the need to cut costs and to improve productivity, relying on a transparent financial picture to reveal trends and opportunities. These are some of the most important advantages and benefits of accounting software:</p> <ul> <li><strong>Improved productivity</strong>. The role of a proper A&F program is to drill deep into your daily routine and to take over complex processes that take hours to complete. What it does is to collect data, organize it, and analyze it for you, automatically meaning that you can focus on more important tasks in the meanwhile.</li> <li><strong>Savings</strong>. It doesn’t mean that you have to start all over – A&F products are made to be integrated into your existent financial framework, so you don’t have to worry about adjusting them to standards and revenue frameworks. Thinking about it, having an A&F system that will integrate multiple data operations in one platform is more cost-effective than running multiple systems and transferring data manually.</li> <li><strong>Resource Transparency.</strong> The magic of A&F systems is that they make finance management easy, and are usually packed with explanations and simple interfaces for non-accountant users. For you, this would mean that you don’t have to train staff to use them, and that everybody in the company will be familiar with your financial capacity even without explaining.</li> <li><strong>Automatic Production of Documents.</strong> Together with the fact that it wraps data into comprehensive views, an A&F system can also generate reports based on it. Invoices and credit notes will be produced automatically, and the risk of human error will be completely eliminated.</li> <li><strong>Smarter Strategies.</strong> Remember that your intention is not only to have bills clean at the end of the month, but to use your current financial state to develop smarter strategies for the future. A&F systems will enable you to forecast possible scenarios and to follow trends, because they are fast enough to meet the needs of the growing financial markets.</li> </ul> </div> </div><div class="article-section"> <h3 id="latest-trends"><span class="cat-icon cat-icon--latest-trends"></span>Latest Trends</h3> <div class="article-section__text"> <p>Nobody knows what the future will bring, but that’s not a reason to be fraught by close misses and half-truths. Therefore, we can’t expect a huge outbreak in the case of Accounting Software, but rather an extension of what has been happening so far:</p> <ul> <li><strong>Cloud storage will become the only storage</strong>. Yes, local storage is on its way out, and it doesn’t take to be a fortune teller to predict it. That’s the only way mobile technology will make sense for people to access their files on the go, being sure at the same time that they are protected.</li> <li><strong>Smart scanning for less data.</strong> That’s where innovation becomes visible. The introduction of Optical Character Recognition will enable us to transform printed materials into digital data in minimal time, meaning that accountants can forget about manual checks.</li> </ul> </div> </div><div class="article-section"> <h3 id="potential-issues"><span class="cat-icon cat-icon--potential-issues"></span>Potential Issues</h3> <div class="article-section__text"> <ul> <li><strong>General vs. industry-specific accounting</strong> – An accounting software designed for your industry outperforms a general accounting solution. But consider other factors like vendor support, integration, and scalability to ensure the industry-specific software is truly superior.</li> <li><strong>Cross-process integration</strong> – other business processes like CRM, sales software, and project management solutions often work best when integrated with your financials. A reliable accounting software should not be capable of integrating to its own modules, but also across other processes. If the accounting software can export data to standard file formats like CSV, TXT, or PDF, it’s likely compatible with other business solutions.</li> <li><strong>Scalability – </strong>even if you’re a small business, give scalability a serious look. You can never tell if your business needs to expand, along with your financial needs. At the least, the accounting software should let you export data in case you need to get a more robust solution in the future.</li> </ul> </div> </div><div class="article-section"> <h3 id="types-of-deployment"><span class="cat-icon cat-icon--types"></span>Types of Deployment</h3> <div class="article-section__text"> <p><span style="font-weight: 400;">Accounting software can have three deployment types. These are (1) on-premise, (2) cloud-based, and (3) hybrid. Each has its pros and cons. So, you have to carefully consider which one fits your business and culture. </span></p> <p><b>On-Premise.</b><span style="font-weight: 400;"> This classic deployment type requires you to install the software in your office machine. The best pro about this is that you can work offline while the biggest con is an issue of security, related to hardware loss or failure. Also, software products of this deployment type tend to not have collaboration features. Users only pay once for these types, which may last only until the next major upgrade. </span></p> <p><b>Cloud-based.</b><span style="font-weight: 400;"> One great thing about cloud-based accounting software is that you can access your data anytime, anywhere, and on any device. Also, you don’t need costly powerful hardware for this to run. You outsource the computing power to the software provider. One major benefit is that this allows for easier collaboration. There are three major cons: (1) they come in recurring payment plans, (2) you can’t access your data without connecting to the internet, and (3) security/privacy of your information could be at risk.</span></p> <p><b>Hybrid.</b><span style="font-weight: 400;"> Some accounting software products have both an on-premise client and an online portal. This really takes the best of both deployment worlds. You can work offline and you can perform work and store your information securely online. Also, you can collaborate with other users here. However, this deployment type may be costly. </span></p> </div> </div><div class="article-section"> <h3 id="payment-schemes-and-costs"><span class="cat-icon cat-icon--default"></span>Payment Schemes and Costs</h3> <div class="article-section__text"> <p><span style="font-weight: 400;">Cost is a very important factor to consider when choosing the right accounting software system for you. You cannot go overboard and spend on an advanced platform designed to streamline your accounting but will set you back with its price. Also, costs come with payment schemes. Also, different software providers offer different payment options. Here are the most common ones. </span></p> <p><b>Free. </b><span style="font-weight: 400;">Yes, there are free accounting tools out there. You can refer to our FAQ section about them. </span></p> <p><b>One-Time. </b><span style="font-weight: 400;">There are software companies that will give you access to their products for a one-time fee. Usually, prices depend on the number of user licenses. Some companies offer a lifetime license with free updates. Others make customer support and product features obsolete when they roll out new versions. So, watch out for these kinks when you first sign up. </span></p> <p><b>Monthly Subscription. </b><span style="font-weight: 400;">This payment scheme is popular among SaaS providers. It’s perfect for when you are new to a software solution as you can opt-out easily. However, it’s usually more expensive than its yearly counterpart. </span></p> <p><b>Yearly Subscription. </b><span style="font-weight: 400;">This payment plan, as its name suggests, lets you pay for one-year access to a cloud-based accounting software solution. It is usually offered cheaper than the monthly plans. However, it is harder to opt-out. </span></p> <p><span style="font-weight: 400;">One way to ease yourself into a long-term payment plan is to start with a free account first. Or, if a provider doesn’t have a free version, check out their free trial. When you like what you have, you can then test it for a few months more with a months-based subscription. If you think you can go with the product long term, then its time to subscribe to their much cheaper yearly plans. </span></p> </div> </div> </div> </div> <div class="clearfix"></div> </div> </div> <div id="category-related-resources" class="category__related order-4 content-visibility"> <div class="main-container"> <div class="col col--75 col--sm"> <h3>Related Resources</h3> <ul> <li><a href="/list-accounting-software-companies/" title="List of Accounting Software Companies of 2024">List of Accounting Software Companies of 2024</a></li> <li><a href="/accounting-software-startups-use/" title="What Accounting Software Do Startups Use?">What Accounting Software Do Startups Use?</a></li> <li><a href="/accountants-value-accounting-software/" title="What Do Accountants Value Most In An Accounting Software?">What Do Accountants Value Most In An Accounting Software?</a></li> <li><a href="/accounting-software-useful-look-importance-businesses-organizations/" title="Why Accounting Software is Useful; A Look at its Importance to Businesses and Organizations">Why Accounting Software is Useful; A Look at its Importance to Businesses and Organizations</a></li> <li><a href="/much-accounting-software-cost-comparison-pricing-plans-top-solutions/" title="How Much Does Accounting Software Cost in 2024? 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Analysis of Features, Types, Benefits and Pricing in 2024</a></li> </ul> </div> </div> <div class="clearfix"></div> </div> <div class="category category--white order-5 content-visibility"> <div class="main-container"> <div class="category__content category__content--margin col col--75 col--sm"> <h3>List of Accounting Software Companies</h3> <div class="soft__list"> <div class="pull-right"> <p>Order by:</p> <div id="soft-dd" class="soft__list__dd" data-ajax="https://financesonline.com/wp-admin/admin-ajax.php" data-term="101" data-count="15" data-taxonomy="category_apps"> <span>Newest</span> <ul> <li data-sort="newest">Newest</li> <li data-sort="score">Score</li> <li data-sort="user-reviews">User Score</li> </ul> </div> <div class="clearfix"></div> </div> <div id="soft-table" class="soft__table"> <div class="soft__head"> <div class="col col--33 s-name"> Product name: </div> <div class="col col--20 s-cat"> Category: </div> <div class="col col--10 s-ss"> Smart Score: </div> <div class="col col--10 s-price"> Price: </div> <div class="col col--10 s-us"> User Satisf. </div> <div class="col col--16 s-ur"> User reviews: </div> <div class="clearfix"></div> </div> <div id="soft-table-products"> <div class="soft__row"> <a href="https://reviews.financesonline.com/p/openenvoy/" title="OpenEnvoy" class="col col--33 s-name"> <div class="soft__img"> <img width="93" height="48" src="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACH5BAEAAAAALAAAAAABAAEAAAICRAEAOw==" class="lazyload" alt="OpenEnvoy reviews" sizes="(max-width: 93px) 100vw, 93px" data-srcset="https://s.financesonline.com/uploads/2024/11/186-x-96-93x48.png 93w, https://s.financesonline.com/uploads/2024/11/186-x-96.png 186w" /> </div> <p>OpenEnvoy</p> </a> <div class="col col--20 s-cat "> Accounting Software </div> <div class="col col--10 s-ss"> 8.5 </div> <div class="col col--10 s-price"> By quote </div> <div class="col col--10 s-us"> 95% </div> <div class="col col--16 s-ur"> <a href="https://reviews.financesonline.com/p/openenvoy/#user-review" title="User reviews" class="soft__revs"> <span class="soft__stars"> <span ></span> <span ></span> <span ></span> <span ></span> <span ></span> </span> <span>0 user reviews</span> </a> </div> <div class="clearfix"></div> </div> <div class="soft__row"> <a href="https://reviews.financesonline.com/p/paywheel/" title="PayWheel" class="col col--33 s-name"> <div class="soft__img"> <img width="93" height="48" src="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACH5BAEAAAAALAAAAAABAAEAAAICRAEAOw==" class="lazyload" alt="PayWheel reviews" sizes="(max-width: 93px) 100vw, 93px" data-srcset="https://s.financesonline.com/uploads/2024/11/PayWheel-logo-thumbnail-2-93x48.png 93w, https://s.financesonline.com/uploads/2024/11/PayWheel-logo-thumbnail-2.png 186w" /> </div> <p>PayWheel</p> </a> <div class="col col--20 s-cat "> Accounting Software </div> <div class="col col--10 s-ss"> 8.5 </div> <div class="col col--10 s-price"> starts at ₹500/month </div> <div class="col col--10 s-us"> 97% </div> <div class="col col--16 s-ur"> <a href="https://reviews.financesonline.com/p/paywheel/#user-review" title="User reviews" class="soft__revs"> <span class="soft__stars"> <span ></span> <span ></span> <span ></span> <span ></span> <span ></span> </span> <span>0 user reviews</span> </a> </div> <div class="clearfix"></div> </div> <div class="soft__row"> <a href="https://reviews.financesonline.com/p/nuvio/" title="Nuvio" class="col col--33 s-name"> <div class="soft__img"> <img width="93" height="48" src="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACH5BAEAAAAALAAAAAABAAEAAAICRAEAOw==" class="lazyload" alt="Nuvio reviews" sizes="(max-width: 93px) 100vw, 93px" data-srcset="https://s.financesonline.com/uploads/2024/10/nuvio-logo-2-93x48.png 93w, https://s.financesonline.com/uploads/2024/10/nuvio-logo-2.png 186w" /> </div> <p>Nuvio</p> </a> <div class="col col--20 s-cat "> Accounting Software </div> <div class="col col--10 s-ss"> 8.5 </div> <div class="col col--10 s-price"> Starts at $19/month </div> <div class="col col--10 s-us"> 97% </div> <div class="col col--16 s-ur"> <a href="https://reviews.financesonline.com/p/nuvio/#user-review" title="User reviews" class="soft__revs"> <span class="soft__stars"> <span ></span> <span ></span> <span ></span> <span ></span> <span ></span> </span> <span>0 user reviews</span> </a> </div> <div class="clearfix"></div> </div> <div class="soft__row"> <a href="https://reviews.financesonline.com/p/neeyamo/" title="Neeyamo" class="col col--33 s-name"> <div class="soft__img"> <img width="93" height="48" src="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACH5BAEAAAAALAAAAAABAAEAAAICRAEAOw==" class="lazyload" alt="Neeyamo reviews" sizes="(max-width: 93px) 100vw, 93px" data-srcset="https://s.financesonline.com/uploads/2024/10/neeyamo-small-thumbnail-93x48.png 93w, https://s.financesonline.com/uploads/2024/10/neeyamo-small-thumbnail.png 186w" /> </div> <p>Neeyamo</p> </a> <div class="col col--20 s-cat "> Accounting Software </div> <div class="col col--10 s-ss"> 8.5 </div> <div class="col col--10 s-price"> By quote </div> <div class="col col--10 s-us"> 98% </div> <div class="col col--16 s-ur"> <a href="https://reviews.financesonline.com/p/neeyamo/#user-review" title="User reviews" class="soft__revs"> <span class="soft__stars"> <span ></span> <span ></span> <span ></span> <span ></span> <span ></span> </span> <span>0 user reviews</span> </a> </div> <div class="clearfix"></div> </div> <div class="soft__row"> <a href="https://reviews.financesonline.com/p/ramp-garage-management-software/" title="RAMP Garage Management Software" class="col col--33 s-name"> <div class="soft__img"> <img width="93" height="48" src="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACH5BAEAAAAALAAAAAABAAEAAAICRAEAOw==" class="lazyload" alt="RAMP Garage Management Software reviews" sizes="(max-width: 93px) 100vw, 93px" data-srcset="https://s.financesonline.com/uploads/2024/08/ramp-global-small-thumbnail-93x48.png 93w, https://s.financesonline.com/uploads/2024/08/ramp-global-small-thumbnail.png 186w" /> </div> <p>RAMP Garage Management Software</p> </a> <div class="col col--20 s-cat "> Accounting Software </div> <div class="col col--10 s-ss"> 8.6 </div> <div class="col col--10 s-price"> $16.00 </div> <div class="col col--10 s-us"> 96% </div> <div class="col col--16 s-ur"> <a href="https://reviews.financesonline.com/p/ramp-garage-management-software/#user-review" title="User reviews" class="soft__revs"> <span class="soft__stars"> <span class="full"></span> <span class="full"></span> <span class="full"></span> <span class="full"></span> <span class="full"></span> </span> <span>2 user reviews</span> </a> </div> <div class="clearfix"></div> </div> <div class="soft__row"> <a href="https://reviews.financesonline.com/p/erp-peers/" title="ERP Peers" class="col col--33 s-name"> <div class="soft__img"> <img width="93" height="48" src="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACH5BAEAAAAALAAAAAABAAEAAAICRAEAOw==" class="lazyload" alt="ERP Peers reviews" sizes="(max-width: 93px) 100vw, 93px" data-srcset="https://s.financesonline.com/uploads/2024/06/erp-peers-small-thumbnail-93x48.png 93w, https://s.financesonline.com/uploads/2024/06/erp-peers-small-thumbnail.png 186w" /> </div> <p>ERP Peers</p> </a> <div class="col col--20 s-cat "> Accounting Software </div> <div class="col col--10 s-ss"> 8.5 </div> <div class="col col--10 s-price"> By quote </div> <div class="col col--10 s-us"> 95% </div> <div class="col col--16 s-ur"> <a href="https://reviews.financesonline.com/p/erp-peers/#user-review" title="User reviews" class="soft__revs"> <span class="soft__stars"> <span ></span> <span ></span> <span ></span> <span ></span> <span ></span> </span> <span>0 user reviews</span> </a> </div> <div class="clearfix"></div> </div> <div class="soft__row"> <a href="https://reviews.financesonline.com/p/metapro/" title="MetaPro" class="col col--33 s-name"> <div class="soft__img"> <img width="93" height="48" src="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACH5BAEAAAAALAAAAAABAAEAAAICRAEAOw==" class="lazyload" alt="MetaPro reviews" sizes="(max-width: 93px) 100vw, 93px" data-srcset="https://s.financesonline.com/uploads/2024/06/metapro-small-thumbnail-93x48.png 93w, https://s.financesonline.com/uploads/2024/06/metapro-small-thumbnail.png 186w" /> </div> <p>MetaPro</p> </a> <div class="col col--20 s-cat "> Accounting Software </div> <div class="col col--10 s-ss"> 8.5 </div> <div class="col col--10 s-price"> By quote </div> <div class="col col--10 s-us"> 96% </div> <div class="col col--16 s-ur"> <a href="https://reviews.financesonline.com/p/metapro/#user-review" title="User reviews" class="soft__revs"> <span class="soft__stars"> <span ></span> <span ></span> <span ></span> <span ></span> <span ></span> </span> <span>0 user reviews</span> </a> </div> <div class="clearfix"></div> </div> <div class="soft__row"> <a href="https://reviews.financesonline.com/p/rainex/" title="Rainex" class="col col--33 s-name"> <div class="soft__img"> <img width="93" height="48" src="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACH5BAEAAAAALAAAAAABAAEAAAICRAEAOw==" class="lazyload" alt="Rainex reviews" sizes="(max-width: 93px) 100vw, 93px" data-srcset="https://s.financesonline.com/uploads/2024/05/small-93x48.png 93w, https://s.financesonline.com/uploads/2024/05/small.png 186w" /> </div> <p>Rainex</p> </a> <div class="col col--20 s-cat "> Accounting Software </div> <div class="col col--10 s-ss"> 8.7 </div> <div class="col col--10 s-price"> $99 </div> <div class="col col--10 s-us"> 97% </div> <div class="col col--16 s-ur"> <a href="https://reviews.financesonline.com/p/rainex/#user-review" title="User reviews" class="soft__revs"> <span class="soft__stars"> <span ></span> <span ></span> <span ></span> <span ></span> <span ></span> </span> <span>0 user reviews</span> </a> </div> <div class="clearfix"></div> </div> <div class="soft__row"> <a href="https://reviews.financesonline.com/p/insio/" title="Insio" class="col col--33 s-name"> <div class="soft__img"> <img width="93" height="48" src="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACH5BAEAAAAALAAAAAABAAEAAAICRAEAOw==" class="lazyload" alt="Insio reviews" sizes="(max-width: 93px) 100vw, 93px" data-srcset="https://s.financesonline.com/uploads/2024/05/5b7ba41cd55b6148866507065dbc830ea74fc58c-93x48.png 93w, https://s.financesonline.com/uploads/2024/05/5b7ba41cd55b6148866507065dbc830ea74fc58c-300x155.png 300w, https://s.financesonline.com/uploads/2024/05/5b7ba41cd55b6148866507065dbc830ea74fc58c-768x397.png 768w, https://s.financesonline.com/uploads/2024/05/5b7ba41cd55b6148866507065dbc830ea74fc58c-232x120.png 232w, https://s.financesonline.com/uploads/2024/05/5b7ba41cd55b6148866507065dbc830ea74fc58c-281x145.png 281w, https://s.financesonline.com/uploads/2024/05/5b7ba41cd55b6148866507065dbc830ea74fc58c.png 900w" /> </div> <p>Insio</p> </a> <div class="col col--20 s-cat "> Accounting Software </div> <div class="col col--10 s-ss"> 8.5 </div> <div class="col col--10 s-price"> By quote </div> <div class="col col--10 s-us"> 96% </div> <div class="col col--16 s-ur"> <a href="https://reviews.financesonline.com/p/insio/#user-review" title="User reviews" class="soft__revs"> <span class="soft__stars"> <span ></span> <span ></span> <span ></span> <span ></span> <span ></span> </span> <span>0 user reviews</span> </a> </div> <div class="clearfix"></div> </div> <div class="soft__row"> <a href="https://reviews.financesonline.com/p/smart-workforce/" title="Smart Workforce" class="col col--33 s-name"> <div class="soft__img"> <img width="93" height="48" src="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACH5BAEAAAAALAAAAAABAAEAAAICRAEAOw==" class="lazyload" alt="Smart Workforce reviews" sizes="(max-width: 93px) 100vw, 93px" data-srcset="https://s.financesonline.com/uploads/2024/04/smart-workforce-small-thumbnail-93x48.png 93w, https://s.financesonline.com/uploads/2024/04/smart-workforce-small-thumbnail.png 186w" /> </div> <p>Smart Workforce</p> </a> <div class="col col--20 s-cat "> Accounting Software </div> <div class="col col--10 s-ss"> 8.5 </div> <div class="col col--10 s-price"> £100 </div> <div class="col col--10 s-us"> 93% </div> <div class="col col--16 s-ur"> <a href="https://reviews.financesonline.com/p/smart-workforce/#user-review" title="User reviews" class="soft__revs"> <span class="soft__stars"> <span ></span> <span ></span> <span ></span> <span ></span> <span ></span> </span> <span>0 user reviews</span> </a> </div> <div class="clearfix"></div> </div> <div class="soft__row"> <a href="https://reviews.financesonline.com/p/reinvestwealth/" title="ReInvestWealth" class="col col--33 s-name"> <div class="soft__img"> <img width="93" height="48" src="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACH5BAEAAAAALAAAAAABAAEAAAICRAEAOw==" class="lazyload" alt="ReInvestWealth reviews" sizes="(max-width: 93px) 100vw, 93px" data-srcset="https://s.financesonline.com/uploads/2024/04/reinvestwealth-small-thumbnail-93x48.png 93w, https://s.financesonline.com/uploads/2024/04/reinvestwealth-small-thumbnail.png 186w" /> </div> <p>ReInvestWealth</p> </a> <div class="col col--20 s-cat "> Accounting Software </div> <div class="col col--10 s-ss"> 8.5 </div> <div class="col col--10 s-price"> $39 </div> <div class="col col--10 s-us"> 97% </div> <div class="col col--16 s-ur"> <a href="https://reviews.financesonline.com/p/reinvestwealth/#user-review" title="User reviews" class="soft__revs"> <span class="soft__stars"> <span ></span> <span ></span> <span ></span> <span ></span> <span ></span> </span> <span>0 user reviews</span> </a> </div> <div class="clearfix"></div> </div> <div class="soft__row"> <a href="https://reviews.financesonline.com/p/workcube/" title="Workcube" class="col col--33 s-name"> <div class="soft__img"> <img width="93" height="48" src="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACH5BAEAAAAALAAAAAABAAEAAAICRAEAOw==" class="lazyload" alt="Workcube reviews" sizes="(max-width: 93px) 100vw, 93px" data-srcset="https://s.financesonline.com/uploads/2024/04/workcube-small-thumbnail-93x48.png 93w, https://s.financesonline.com/uploads/2024/04/workcube-small-thumbnail.png 186w" /> </div> <p>Workcube</p> </a> <div class="col col--20 s-cat "> Accounting Software </div> <div class="col col--10 s-ss"> 8.5 </div> <div class="col col--10 s-price"> By quote </div> <div class="col col--10 s-us"> 96% </div> <div class="col col--16 s-ur"> <a href="https://reviews.financesonline.com/p/workcube/#user-review" title="User reviews" class="soft__revs"> <span class="soft__stars"> <span ></span> <span ></span> <span ></span> <span ></span> <span ></span> </span> <span>0 user reviews</span> </a> </div> <div class="clearfix"></div> </div> <div class="soft__row"> <a href="https://reviews.financesonline.com/p/conta/" title="Conta" class="col col--33 s-name"> <div class="soft__img"> <img width="93" height="48" src="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACH5BAEAAAAALAAAAAABAAEAAAICRAEAOw==" class="lazyload" alt="Conta reviews" sizes="(max-width: 93px) 100vw, 93px" data-srcset="https://s.financesonline.com/uploads/2024/03/conta-small-thumbnail-93x48.png 93w, https://s.financesonline.com/uploads/2024/03/conta-small-thumbnail.png 186w" /> </div> <p>Conta</p> </a> <div class="col col--20 s-cat "> Accounting Software </div> <div class="col col--10 s-ss"> 8.5 </div> <div class="col col--10 s-price"> Free </div> <div class="col col--10 s-us"> 96% </div> <div class="col col--16 s-ur"> <a href="https://reviews.financesonline.com/p/conta/#user-review" title="User reviews" class="soft__revs"> <span class="soft__stars"> <span ></span> <span ></span> <span ></span> <span ></span> <span ></span> </span> <span>0 user reviews</span> </a> </div> <div class="clearfix"></div> </div> <div class="soft__row"> <a href="https://reviews.financesonline.com/p/synctools/" title="SyncTools" class="col col--33 s-name"> <div class="soft__img"> <img width="93" height="48" src="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACH5BAEAAAAALAAAAAABAAEAAAICRAEAOw==" class="lazyload" alt="SyncTools reviews" sizes="(max-width: 93px) 100vw, 93px" data-srcset="https://s.financesonline.com/uploads/2024/03/synctools-small-thumbnail-93x48.png 93w, https://s.financesonline.com/uploads/2024/03/synctools-small-thumbnail.png 186w" /> </div> <p>SyncTools</p> </a> <div class="col col--20 s-cat "> Accounting Software </div> <div class="col col--10 s-ss"> 8.5 </div> <div class="col col--10 s-price"> $19 </div> <div class="col col--10 s-us"> 97% </div> <div class="col col--16 s-ur"> <a href="https://reviews.financesonline.com/p/synctools/#user-review" title="User reviews" class="soft__revs"> <span class="soft__stars"> <span ></span> <span ></span> <span ></span> <span ></span> <span ></span> </span> <span>0 user reviews</span> </a> </div> <div class="clearfix"></div> </div> <div class="soft__row"> <a href="https://reviews.financesonline.com/p/drivetrain/" title="Drivetrain" class="col col--33 s-name"> <div class="soft__img"> <img width="93" height="48" src="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACH5BAEAAAAALAAAAAABAAEAAAICRAEAOw==" class="lazyload" alt="Drivetrain reviews" sizes="(max-width: 93px) 100vw, 93px" data-srcset="https://s.financesonline.com/uploads/2024/03/small-9-93x48.png 93w, https://s.financesonline.com/uploads/2024/03/small-9.png 186w" /> </div> <p>Drivetrain</p> </a> <div class="col col--20 s-cat "> Accounting Software </div> <div class="col col--10 s-ss"> 8.6 </div> <div class="col col--10 s-price"> By quote </div> <div class="col col--10 s-us"> 96% </div> <div class="col col--16 s-ur"> <a href="https://reviews.financesonline.com/p/drivetrain/#user-review" title="User reviews" class="soft__revs"> <span class="soft__stars"> <span ></span> <span ></span> <span ></span> <span ></span> <span ></span> </span> <span>0 user reviews</span> </a> </div> <div class="clearfix"></div> </div> </div> </div> </div> <div id="pagination" class="fot-pagination"><div class="fot-pagination__inner"><span class="mini-hide">Page 1 of 84</span><span class="fot-pagination__item fot-pagination__item--disabled">1</span><a class="fot-pagination__item" href="?page=2">2</a><a class="fot-pagination__item" href="?page=3">3</a><a class="fot-pagination__item" href="?page=4">4</a><a class="fot-pagination__item" href="?page=5">5</a><a class="fot-pagination__item" href="?page=6">6</a><a class="fot-pagination__item" href="?page=7">7</a><a class="fot-pagination__item" href="?page=8">8</a><a class="fot-pagination__item" href="?page=9">9</a><a class="fot-pagination__item" href="?page=10">10</a><a class="fot-pagination__item fot-pagination__item--last" href="?page=84">Last »</a><div class="clearfix"></div></div></div> <h3>Things to consider when you invest in a SaaS</h3> <p>Infrastructure plays a key role in a SaaS software. If there is downtime, you would not be able to access the platform. So, you should pay good attention to the program’s infrastructure when analyzing SaaS vendors.</p> <p>Many enterprises fail to ask their shortlisted SaaS providers questions about disaster recovery, service level agreements (SLAs), and security. These are key infrastructure elements that need careful consideration when considering a provider. </p> <p>SaaS is easy to subscribe to. All you need to do is go the website and purchase a suitable plan for the required number of users. For this reason, many companies pay attention only to the cost of the package and not to infrastructure considerations. They may also think that in-depth evaluation is not necessary since it is so simple to get started quickly.</p> <p>But you need to be ready for situations as such as the SaaS vendor going out of business or their website going down. You need to have contingency procedures in place to face these situations to ensure they do not have a harmful effect on your firm. It is simple to subscribe to a SaaS product, but think about the effect on your business if the program is withdrawn by the vendor.</p> <div class="fot-faq"> <h3><span class="icon icon--faq"></span>Frequently asked questions about Accounting Software</h3> <div class="fot-faq__item"> <a href="#">What is the best accounting software? <span class="icon icon--arrow-down"></span></a> <div class="fot-faq__answer" id="faq-q1"> <p><a href="https://reviews.financesonline.com/p/freshbooks/"><span style="font-weight: 400;">FreshBooks</span></a><span style="font-weight: 400;"> won our Best Accounting Software Award for 2019. Our expert reviewers find it to be one of the easiest software to use for streamlining invoicing and time-tracking processes. The software is designed to help SMBs by offering them easy accounting tools and automation. With these, users can invest more time, brainpower, and effort into growing their actual business. </span></p> <p><span style="font-weight: 400;">What sets FreshBooks apart is how it values great user experience. The platform is designed for layman use allowing both novices and experts to easily manage complex financial management. Plus, there are many automation tools to make your processes like setting up recurring payments with auto-billing functionalities more accurate. This way, you can save on time and minimize the risk of missed payments. </span></p> <p><span style="font-weight: 400;">Furthermore, FreshBooks is also fitted with collaboration tools for teams. Also, if you are a small business owner, you can create a portal for an accountant on retainer. It has features for project management for centralized conversations and file sharing as well. </span></p> <p><span style="font-weight: 400;">Moreover, all of these functionalities are housed in a very intuitive user interface. It isn’t only very easy to use. The interface makes accounting management quite enjoyable to do too. </span></p> </div> </div> <div class="fot-faq__item"> <a href="#">What are the benefits of accounting software? <span class="icon icon--arrow-down"></span></a> <div class="fot-faq__answer" id="faq-q2"> <p><span style="font-weight: 400;">There are many benefits when it comes to using a dedicated accounting software instead of spreadsheets and word processors. We’ll outline some of them here. </span></p> <p><b>Increased Accuracy.</b><span style="font-weight: 400;"> Accounting software solutions help you maintain and improve the accuracy of your financial information among other records. Decrease the risk brought by human errors. </span></p> <p><b>Easy Communication with Suppliers and Customers. </b><span style="font-weight: 400;">Top accounting applications today have modules for managing and automating invoices. Also, they provide supporting features for these tools like messaging and project management tools. </span></p> <p><b>Simplification. </b><span style="font-weight: 400;">Digital accounting platforms help simplify complex records management by providing vetted and proven workflows right in their systems. They don’t only simplify bookkeeping but also team collaboration and managing other business processes. This includes tax management, invoicing, inventory management, and others. </span></p> <p><b>Easy Compliance.</b><span style="font-weight: 400;"> Many systems today have modules for payroll management and reporting that adhere to government regulations and industry standards. These are usually automated. So, you wouldn’t have to worry about this yourself. </span></p> <p><b>Quick and Accurate Reports. </b><span style="font-weight: 400;">Most accounting solutions include robust reporting modules for forecasting and analysis. Also, they automatically shareable reports to keep their users always on top of their financial operations and record-keeping. </span></p> <p><b>Save Costs. </b><span style="font-weight: 400;">As you outsource most of your computing for accounting not to people but to a program, you get to save costs in terms of the man-hours. </span></p> <p><b>Increase in Security</b><span style="font-weight: 400;">. Top accounting platforms have multiple security protocols embedded to keep your financial data and other records safe. These provide you additional layers of security. </span></p> </div> </div> <div class="fot-faq__item"> <a href="#"> What are the features of accounting software? <span class="icon icon--arrow-down"></span></a> <div class="fot-faq__answer" id="faq-q3"> <p><span style="font-weight: 400;">There are different types of accounting software solutions. Also, there are different specializations. However, there are standard features that top ones have in common. </span></p> <ol> <li><b>Accounting. </b><span style="font-weight: 400;">This is the main component of any accounting software. A platform should provide you with features like a general ledger, accounts payable and receivable, bank reconciliation, and fixed assets management. Other platforms have tax management and compliance as well. </span></li> <li><b>Billing and Invoicing. </b><span style="font-weight: 400;">If you want something that makes your life easier and your records more accurate, you’d want automation tools for billing and invoicing. Better accounting programs out there also allow you to send and receive payments automatically. </span></li> <li><b>Fixed Assets. </b><span style="font-weight: 400;">Top accounting platforms provide users with a module for fixed assets management to better quantify financial health. Features here include depreciation calculation, resource allocation, cost records, and audit history among others.</span></li> <li><b>Budgeting and Forecasting. </b><span style="font-weight: 400;">Accounting solutions help you keep fund spending within your means and budget. And, they show you possible scenarios if you go over or under. Also, you can use the forecasting budget to help you predict income and expenses from various channels as well. This helps you plan and strategize in a data-driven way. </span></li> <li><b>Additional Management Modules. </b><span style="font-weight: 400;">Other platforms include specialized modules to manage other business processes like payroll, projects, and inventory. Some provide these capabilities by integration with other third-party applications. </span></li> </ol> </div> </div> <div class="fot-faq__item"> <a href="#">What is the easiest accounting software to use? <span class="icon icon--arrow-down"></span></a> <div class="fot-faq__answer" id="faq-q4"> <p>There is really no objective answer for what’s the easiest accounting software to use. It really depends on your skill level and the complexity of your financial management needs. However, there are applications that are best known for the intuitiveness of their user interfaces. Here are three examples:</p> <p><a href="https://reviews.financesonline.com/p/sage-one/">Sage Business Cloud Accounting</a>. This is an easy-to-use cloud-based accounting platform designed for freelancers and small businesses. You don’t need to be tech or finance savvy to learn the ropes of this platform.</p> <p><a href="https://reviews.financesonline.com/p/myob-essentials/">MYOB Essentials.</a> This is cloud-based accounting software is designed to help small and growing businesses with core accounting and payroll processes.</p> <p><a href="https://reviews.financesonline.com/p/freshbooks/">FreshBooks</a>. This top accounting platform is also well-known for packaging comprehensive accounting management features in an easy-to-understand solution. Thanks to its easy interface, novices can learn proper accounting faster and experts will find complex financial management simpler.</p> </div> </div> <div class="fot-faq__item"> <a href="#">What is a good free accounting software? <span class="icon icon--arrow-down"></span></a> <div class="fot-faq__answer" id="faq-q5"> <p><span style="font-weight: 400;">For freelancers and micro-business owners, it is best to start out with a good free accounting software solution before jumping into paid plans. Here are three of the best offers out there. </span></p> <p><a href="https://reviews.financesonline.com/p/wave-apps/"><span style="font-weight: 400;">Wave</span></a><span style="font-weight: 400;">. This free accounting software is indeed free for now. Currently, there are no set-up fees, monthly fees, and hidden charges. It helps you manage your accounting, invoicing, and receipts easily as well. </span></p> <p><a href="https://reviews.financesonline.com/p/odoo/"><span style="font-weight: 400;">Odoo</span></a><span style="font-weight: 400;">. This software company currently offers its accounting and invoicing applications for free for virtually unlimited users provided you don’t need more apps or hosting options. The apps are comprehensive, highly-visual, and very easy to use as well. </span></p> <p><a href="https://reviews.financesonline.com/p/zoho-invoice/"><span style="font-weight: 400;">Zoho Invoice</span></a><span style="font-weight: 400;">. A free plan includes five automated workflows for one user. However, it only supports invoicing for up to five customers. This is perfect for small B2B startups and freelancers. However, you may need to upgrade when your operation grows. </span></p> </div> </div> </div> <script type="application/ld+json">{ "@context": "https://schema.org", "@type": "FAQPage", "mainEntity": [ { "@type": "Question", "name": "What is the best accounting software?", "acceptedAnswer": { "@type": "Answer", "@id": "https://financesonline.com/?post_type=acf-field&p=101#faq-q1", "text": "<p><a href=\"https://reviews.financesonline.com/p/freshbooks/\">FreshBooks</a> won our Best Accounting Software Award for 2019. Our expert reviewers find it to be one of the easiest software to use for streamlining invoicing and time-tracking processes. The software is designed to help SMBs by offering them easy accounting tools and automation. With these, users can invest more time, brainpower, and effort into growing their actual business.\u00a0</p>\n<p>What sets FreshBooks apart is how it values great user experience. The platform is designed for layman use allowing both novices and experts to easily manage complex financial management. Plus, there are many automation tools to make your processes like setting up recurring payments with auto-billing functionalities more accurate. This way, you can save on time and minimize the risk of missed payments.\u00a0</p>\n<p>Furthermore, FreshBooks is also fitted with collaboration tools for teams. Also, if you are a small business owner, you can create a portal for an accountant on retainer.\u00a0 It has features for project management for centralized conversations and file sharing as well.\u00a0</p>\n<p>Moreover, all of these functionalities are housed in a very intuitive user interface. It isn\u2019t only very easy to use. The interface makes accounting management quite enjoyable to do too.\u00a0</p>\n" } }, { "@type": "Question", "name": "What are the benefits of accounting software?", "acceptedAnswer": { "@type": "Answer", "@id": "https://financesonline.com/?post_type=acf-field&p=101#faq-q2", "text": "<p>There are many benefits when it comes to using a dedicated accounting software instead of spreadsheets and word processors. We\u2019ll outline some of them here.\u00a0</p>\n<p><b>Increased Accuracy.</b> Accounting software solutions help you maintain and improve the accuracy of your financial information among other records. Decrease the risk brought by human errors.\u00a0</p>\n<p><b>Easy Communication with Suppliers and Customers. </b>Top accounting applications today have modules for managing and automating invoices. Also, they provide supporting features for these tools like messaging and project management tools.\u00a0</p>\n<p><b>Simplification. </b>Digital accounting platforms help simplify complex records management by providing vetted and proven workflows right in their systems. They don\u2019t only simplify bookkeeping but also team collaboration and managing other business processes. This includes tax management, invoicing, inventory management, and others.\u00a0</p>\n<p><b>Easy Compliance.</b> Many systems today have modules for payroll management and reporting that adhere to government regulations and industry standards. These are usually automated. So, you wouldn\u2019t have to worry about this yourself.\u00a0</p>\n<p><b>Quick and Accurate Reports. </b>Most accounting solutions include robust reporting modules for forecasting and analysis. Also, they automatically shareable reports to keep their users always on top of their financial operations and record-keeping.\u00a0</p>\n<p><b>Save Costs. </b>As you outsource most of your computing for accounting not to people but to a program, you get to save costs in terms of the man-hours.\u00a0</p>\n<p><b>Increase in Security</b>. Top accounting platforms have multiple security protocols embedded to keep your financial data and other records safe. These provide you additional layers of security. </p>\n" } }, { "@type": "Question", "name": " What are the features of accounting software?", "acceptedAnswer": { "@type": "Answer", "@id": "https://financesonline.com/?post_type=acf-field&p=101#faq-q3", "text": "<p>There are different types of accounting software solutions. Also, there are different specializations. However, there are standard features that top ones have in common.\u00a0</p>\n<ol>\n<li><b>Accounting. </b>This is the main component of any accounting software. A platform should provide you with features like a general ledger, accounts payable and receivable, bank reconciliation, and fixed assets management. Other platforms have tax management and compliance as well.\u00a0</li>\n<li><b>Billing and Invoicing. </b>If you want something that makes your life easier and your records more accurate, you\u2019d want automation tools for billing and invoicing. Better accounting programs out there also allow you to send and receive payments automatically.\u00a0</li>\n<li><b>Fixed Assets. </b>Top accounting platforms provide users with a module for fixed assets management to better quantify financial health. Features here include depreciation calculation, resource allocation, cost records, and audit history among others.</li>\n<li><b>Budgeting and Forecasting. </b>Accounting solutions help you keep fund spending within your means and budget. And, they show you possible scenarios if you go over or under. Also, you can use the forecasting budget to help you predict income and expenses from various channels as well. This helps you plan and strategize in a data-driven way.\u00a0</li>\n<li><b>Additional Management Modules. </b>Other platforms include specialized modules to manage other business processes like payroll, projects, and inventory. Some provide these capabilities by integration with other third-party applications.\u00a0</li>\n</ol>\n" } }, { "@type": "Question", "name": "What is the easiest accounting software to use?", "acceptedAnswer": { "@type": "Answer", "@id": "https://financesonline.com/?post_type=acf-field&p=101#faq-q4", "text": "<p>There is really no objective answer for what\u2019s the easiest accounting software to use. It really depends on your skill level and the complexity of your financial management needs. However, there are applications that are best known for the intuitiveness of their user interfaces. Here are three examples:</p>\n<p><a href=\"https://reviews.financesonline.com/p/sage-one/\">Sage Business Cloud Accounting</a>. This is an easy-to-use cloud-based accounting platform designed for freelancers and small businesses. You don\u2019t need to be tech or finance savvy to learn the ropes of this platform.</p>\n<p><a href=\"https://reviews.financesonline.com/p/myob-essentials/\">MYOB Essentials.</a> This is cloud-based accounting software is designed to help small and growing businesses with core accounting and payroll processes.</p>\n<p><a href=\"https://reviews.financesonline.com/p/freshbooks/\">FreshBooks</a>. This top accounting platform is also well-known for packaging comprehensive accounting management features in an easy-to-understand solution. Thanks to its easy interface, novices can learn proper accounting faster and experts will find complex financial management simpler.</p>\n" } }, { "@type": "Question", "name": "What is a good free accounting software?", "acceptedAnswer": { "@type": "Answer", "@id": "https://financesonline.com/?post_type=acf-field&p=101#faq-q5", "text": "<p>For freelancers and micro-business owners, it is best to start out with a good free accounting software solution before jumping into paid plans. Here are three of the best offers out there.\u00a0</p>\n<p><a href=\"https://reviews.financesonline.com/p/wave-apps/\">Wave</a>. This free accounting software is indeed free for now. Currently, there are no set-up fees, monthly fees, and hidden charges. It helps you manage your accounting, invoicing, and receipts easily as well.\u00a0\u00a0</p>\n<p><a href=\"https://reviews.financesonline.com/p/odoo/\">Odoo</a>. This software company currently offers its accounting and invoicing applications for free for virtually unlimited users provided you don\u2019t need more apps or hosting options. The apps are comprehensive, highly-visual, and very easy to use as well.\u00a0</p>\n<p><a href=\"https://reviews.financesonline.com/p/zoho-invoice/\">Zoho Invoice</a>. A free plan includes five automated workflows for one user. However, it only supports invoicing for up to five customers. This is perfect for small B2B startups and freelancers. However, you may need to upgrade when your operation grows.\u00a0</p>\n" } } ] }</script> <div class="category__author" style="display: flex;"> <div class="category__avatar"> <img src="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACH5BAEAAAAALAAAAAABAAEAAAICRAEAOw==" data-src="https://sip.financesonline.com/uploads/2020/07/nestor_gilbert.png?width=100&token=6ScUWugJRbB_avxvtDy53A" alt="Nestor Gilbert" class="lazyload"> </div> <div class="category__author__desc"> <h4>By <a href="/author/nestor/" title="Nestor Gilbert">Nestor Gilbert</a></h4> <p>Nestor Gilbert is a senior B2B and SaaS analyst and a core contributor at FinancesOnline for over 5 years. With his experience in software development and extensive knowledge of SaaS management, he writes mostly about emerging B2B technologies and their impact on the current business landscape. However, he also provides in-depth reviews on a wide range of software solutions to help businesses find suitable options for them. Through his work, he aims to help companies develop a more tech-forward approach to their operations and overcome their SaaS-related challenges.</p> </div> <div class="clearfix"></div> </div> </div> <div class="clearfix"></div> <p class="updated">Updated <time datetime="2024-11-26T12:32:32+00:00" title="2024-11-26T12:32:32+00:00">November 26, 2024</time></p> </div> </div> </div> </div> </div> </div> <!-- Why FO Free Modal --> <div id="why-fo-free" class="fot-modal why-fo-free-modal"> <div class="fot-modal__close"><span></span><span></span></div> <h3> <img width="30" height="30" class="why_fo_free_modal_img" alt="Why is FinancesOnline free?" srcset="https://financesonline.com/media/themes/fot/dist/img/information.png 1x,https://financesonline.com/media/themes/fot/dist/img/information@2x.png 2x" src="https://financesonline.com/media/themes/fot/dist/img/information.png"> Why is FinancesOnline free? </h3> <p>FinancesOnline is available for free for all business professionals interested in an efficient way to find top-notch SaaS solutions. 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