Best Enterprise Accounting Software

Accounting software is a collection of tools that carry out repetitive responsibilities such as general ledger balancing, bank reconciliation, reporting generation, accounts payable and receivable, invoice generation and more while maintaining data integrity and compliance.

Buyer's Guide

Last updated on October 17th, 2023
Accounting Software Is All About Automating Bookkeeping Tasks

Accounting Software Buyer's Guide

Performing accounting tasks as a non-account can be as excruciating as an inexperienced dentist pulling teeth — you have no idea what you're doing and one wrong move could jeopardize your business. You could go one of two ways to alleviate this burden. One option is to hire a full-time accounting department. The other option is to invest in enterprise accounting software that streamlines your bookkeeping practices.

These tasks include organizing your account payables and receivables, performing accurate bank reconciliations, invoicing your clients and more. This buyer's guide will provide you with a detailed rundown of an accounting ERP's benefits, essential features, trends, pricing considerations, a list of SelectHub's top bookkeeping programs and more.

Executive Summary

  • Enterprise accounting software can automate routine tasks to reduce the amount of time spent on day-to-day functions.
  • Implementation goals are essential as you begin to install or change your software portfolio. These goals should include general budgetary concerns and workflow considerations.
  • Some basic corporate accounting software accessories include accounts payable, accounts receivable, reporting, payroll and more. However, many software companies offer more advanced functions such as fixed asset management, budgeting and forecasting, bank reconciliation and inventory management.
  • If you realize that an accounting solution is an ideal fit for your firm, you should develop a list of questions and factors to consider when looking at potential companies. Elements such as industry experience, cost and installation methods could make or break an accounting software option.
  • Benefits of an accounting ERP include detailed reporting for wiser business decisions, enhanced data accuracy to reduce human errors and simplified tax filing and compliance to ensure your financial practices align with IRS regulations.

What is Accounting Software?

Accounting software carries out repetitive responsibilities such as general ledger balancing, bank reconciliation, reporting generation and more. Bookkeeping programs come in various formats - including options like open-source, online, free and budgeting — and aids specific industries such as churches, small businesses and SMEs.

There’s likely a solution on the market that will meet your business' unique needs. Most accounting ERP is available on the cloud and on-premise and is even available as an app for your iOS or Android devices.

Deployment Methods

Typically, vendors offer various deployment options. The main two deployment options include on-premise and cloud. Each has its advantages and disadvantages. The idea is to choose the deployment that best fits your company's requirements and priorities. Let's examine the pros and cons of each.

On-Premise

The on-premise method almost has a self-explanatory name. It essentially means that your program is tethered to one specific computer or worksite. If you own a small business or a company that doesn't take many business trips, this solution is likely the best deployment. One downside is you can only store your data on one computer or access information in one location.

If your business or computer experiences a natural disaster, is stolen or damaged in any way, there's no way to retrieve the data (unless you backed it up on an external hard drive). Another downside is you can't manage data on mobile devices unless you pay additional licensing fees.

The Cloud

The cloud deployment option enables you to store your information on an internet-based server through your vendor so you can access it from practically any location on any device with an internet connection. If you're always on the go to conferences, other worksites or oversea partners, the cloud option would be your best method.

Some vendors even offer security measures, including two-step or multi-factor authentication, data encryption, access controls and more. One downside of the cloud is storing information on a third-party's server. If that server were to crash or experience an outage, your data is inaccessible. Another downside is if your internet connection isn't working properly, you could have problems accessing or saving critical data.

Primary Benefits

Accounting Software Benefits

Simplifies Tax Compliance

Filing taxes can be as painful as pulling teeth if you don't know what you're doing. The proper accounting software aids in ensuring you stay compliant with local, state and federal tax regulations. It can also prepare and file the appropriate tax forms.

Simple and Fast Data Entry

Most programs enable you to input data once, and it syncs across your company in real time. If errors due arise, you can correct them swiftly.

Automates Reporting/Analyses

The ideal accounting application can provide you with elaborate financial reports on critical KPIs so you never miss a beat on the financial health of your enterprise automatically. Some of the noteworthy KPI reports include profit and loss reports, balance sheets, income statements and more. Analytical tools also enable you to make better business choices.

Enhances Security

Most cloud systems offer numerous cybersecurity tactics to safeguard information. Two-step or multi-factor authentication enables you to input a password and answer security questions or receive codes via text messages to log into the system.

Data encryption also scrambles information into unreadable language that can only be clarified with a decryption key. This tool stops hackers and other cybercriminals from reading sensitive information.

Provides Real-Time Access

Access accounting software on mobile devices such as phones, tablets and laptops for immediate data gathering and to receive alerts as they occur. Imagine, for example, that you own multiple fast-food chains across the world. You can review North American profits and losses on your plane ride to your Italian or Chinese branches without backtracking or making unnecessary stops.

Real-time access keeps you up to speed even when you're away from the office.

Offers Automation

Accounting automation no longer exists in just science fiction novels or movies. It's a part of the future, and the future is now. Instead of crunching numbers by hand with a calculator, pencil and paper, bookkeeping software handles it automatically with AI technology.

Automation allows accountants to focus on client-based, partner and adviser roles within their companies. They leverage analytical tools to help executives and customers make vital financial decisions.

Reduces Costs

Thanks to automation, companies can save money because it boosts productivity and reduces human errors. It can also allow accountants to push for partnership and client-based duties, roles that AI can't perform.

Enterprise Accounting Software Report

Expert recommendations and analysis on the top solutions

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Implementation Goals

Goal 1

Create a budget plan and stick to it

One common mistake that companies make when implementing new software is that they bite off more than they can chew financially. Sure, the base price might be the right cost, but as more features are added, the price can be significantly elevated. Ensure that the accounting software vendor you choose meets your capital and functional needs.

Goal 2

Train employees on new workflow processes

A vital step to success is making sure your employees understand the new workflow associated with the implementation of new software.

For effective use of the automated processes, employees need suitable training on their role in the workflow. Depending on the employee’s role, they might need to understand the broader picture of the software's tools and the processes it will complete.

Goal 3

Allocate IT resources

When introducing new software, it is helpful to have your IT department on hand to assist with data migration and training processes. Typical software companies will provide some training and support, but having knowledgeable people on your IT team can help ensure a smooth and successful implementation.

Goal 4

Make sure users are happy

It’s a good idea to survey the needs of the employees who will be primarily using the enterprise accounting system to make sure that the solution effectively meets their needs.

Before, during and after deployment, you should check in with your employees to see how they are liking the software and if it is working effectively. If you are receiving persistent negative feedback, you may wish to change the functionality included in your specific software package or even go with a different accounting software vendor.

Goal 5

Perform Test-Runs

Assessing how your software works is always a must. You don't want to enter your company's busiest period or tax season and your accounting platform doesn't record the right values or individual modules lag in performance.

Accounting Software Report

Expert recommendations and analysis on the top solutions

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Key Features & Functionality

Not all accounting systems are alike, but they do contain standard modules such as payroll, accounts payable and receivable, billing and invoicing and reporting.

Accounts Payable

Accounts payable are the expenses that a company owes to creditors, employees, other businesses and more. The monthly rent is an example of an accounts payable column. Some software allows you to make payments directly through the program.

Accounts Receivable

Accounts receivable is the money that is owed to your company. Therefore, you may classify a customer purchase as accounts receivable.

Accounts payable and accounts receivable go hand-in-hand with one another and are a packaged deal when obtaining accounting software because you wouldn’t have one without the other.

Payroll

At its most basic, the payroll feature can help you calculate how much money is owed to your employees. The system may also be able to assist in the maintenance of employee records and tracking PTO.

Billing and Invoicing

Develop customized invoices, send them directly to patrons and receive various forms of online payments such as credit card and automated clearing house (ACH) transfers with this accessory. Some tools enable you to obtain notifications of when a client receives, views and pays invoices.

Reporting and Analytics

The ideal reporting tool offers various accounting reports such as balance sheets, profit and loss and more. It also offers elaborate reports that gauge crucial KPIs like revenue, cash flow and more so you're never in the dark about your enterprise's weekly, monthly, quarterly or yearly performance.

Bank/Account Reconciliation

A proper bank/account reconciliation tool permits you to import bank statements while automatically ensuring all of your bank transactions match.

Inventory Management

Implement this tool to keep tabs on merchandise and stock items in real time. Establish minimum quantities and receive updates when these amounts are met to avoid stockouts. You may purchase an add-on module or standalone system.

Tax Administration

Maintain taxes and stay on top of new or modified tax codes. Some solutions even allow you to complete and file taxes in one centralized system.

Basic Accounting

Managing general ledgers, accounts payable and receivable, and calculating profits and losses are part of the basic bookkeeping package. There are other tools like invoicing, billing and bank reconciliation.

Fixed Asset Management

Upkeep and supervise numerous machinery, trucks, computers and other company assets in one hub.

Accounting Software Report

Expert recommendations and analysis on the top enterprise accounting software

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Advanced Features and Functionality

Mobile Access Most people use their mobile devices to check social media, emails, notifications and other things in their personal lives. Why not leverage this technology for your company? You may review paid bills, sent invoices, budgets and more on the go instead of at a desktop computer.
Business Intelligence (BI) You can invest in a BI add-on or separate BI software to track various KPIs such as real-time inventory and sales management, CRM data, client numbers and more.
General Ledger Typically part of basic accounting tools, this module enables you to chronicle expenses, profits, losses, cash flow and more in a centralized hub.
Security and Compliance Ensure data and sensitive information are protected. You can also keep up with industry regulations like income from operations (IFO), generally accepted accounting principles (GAAP) and more.
Integrated Modules Link your accounting system with other systems like ERP, CRM, BI and other modules for a streamlined, centralized hub.
Accounting Software Report

Expert recommendations and analysis on the top solutions

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Trends to Consider

As you peruse various accounting ERP, there are a few accounting trends to keep in mind. These trends can enhance the productivity and overall client satisfaction of your enterprise.

Artificial Intelligence (AI) and Automation

Automation and AI in accounting are sweeping trends that free you and your accounting team from tedious tasks so you can refocus your attention on client-facing matters. Automation enables you to perform several simple tasks automatically so you can focus on higher priorities. MarketsandMarkets predicts the AI market will hit $309.6 billion in 2026.

AI Stat

Cloud-Based

Cloud software is changing the way industries operate and review their data. Accounting is no exception. Cloud-based software permits users to access data from any computer or internet-based device whether they're in or out of the office. Research and Markets forecast the cloud services market value at $927.51 billion by 2027.

Cloud Software Stat

Data Analytics

Believe it or not, accountants will tackle more analytics tasks for firms and companies. In addition to crunching numbers, they will have to review and analyze them with BI accessories, helping them and their organizations make wiser business choices. According to Mordor Intelligence, the BI market could hit $40.5 billion by 2026.

Data Analytics BI Stat

Software

Whether you get cloud or on-premise solutions, accounting software is becoming the norm for most companies. Research and Markets forecast that the bookkeeping software market will reach $19.5 billion by 2026.

Relying on a legacy system or Excel spreadsheets alone is no longer an option if you want your business to thrive financially. This program facilitates operations, monitors your financial health and ensures you make the right choices.

Accounting Software Stat

Accountants Evolving in Their Roles

Instead of simply crunching numbers, accountants are considered financial advisors and analysts. They'll also take on leadership positions and interact with clients more to give them the best financial options.

It's natural to think that robots and automatic software could replace accountants, but it's vital for accountants to step up their game and open themselves up to consulting and partnership roles to stay relevant.

Adopting AI, BI, cloud accounting software, remote work and other technological trends have never been imperative in staying relevant and competitive. Adopting at least one or two of these trends along with an accounting solution could streamline your bookkeeping practices and provide you with the right data needed to keep your company afloat.

Accounting Software Report

Expert recommendations and analysis on the top solutions

Get free access now

Software Comparison

Whether you need business accounting software for enterprise operations or a simple solution for your small business, there are numerous options. There are hundreds of enterprise accounting software vendors on the market, which makes it exceedingly difficult to choose the right one for you.

That’s why we’ve developed a tool to help you compare the best financial software to find your perfect fit. With our in-depth comparison report, you can look at how accounting companies compare across dozens of software features.

Cost & Pricing Considerations

Pricing amongst various accounting software is similar to pricing in an ice cream shop. If you want a decadent sundae with sprinkles aplenty, overflowing chocolate sauce and other toppings, be prepared to spend a pretty penny for it compared to a simple one-scoop vanilla ice cream cone. When it comes to software, there are various pricing considerations to mull over including company size, budgets and more.

How Big is My Company?

First, you have to consider the size of your organization and the features you want. If you're a mom-and-pop corner store, then you'll likely want to invest in a solution dedicated to small businesses with a modest amount of features.

If you're an entrepreneur or freelancer, you might be interested in free accounting software, which often comes with valuable features without requiring you to spend an arm or a leg for it while still conducting accounting tasks.

If you have an enterprise, you'll most likely have a hefty price tag because your business requires more features to cover every aspect of your operations whether your business is on a national or global scale. But the idea is to fully understand your business' needs and wants so you can choose the best solutions.

Do I Have a Reasonable Budget?

Defining a budget with a cut-off price is the best way to go when browsing for new software. You want to ensure this program has all of the required features and preferred deployment methods without completely wiping out your wallet. Ask vendors if they offer subscription plans for an ERP or if you're making one-time or annual payments to get an idea of how much you'll be spending.

What Do I Do with My Current Software?

If you already own BI, CRM or other software types, you should take time to consider if you want to keep these solutions and ask vendors if their bookkeeping solution integrates with your current platforms. You could also decide to get rid of your existing platforms and invest in a financial solution that covers your needs BI, CRM and other needs.

Accounting Software Report

Expert recommendations and analysis on the top solutions

Get free access now

The Best Accounting Software

At SelectHub, we've found and narrowed the top accounting software to construct an elaborate leaderboard to give you a snapshot of some of the best enterprise accounting software around.

Accounting Software Leaderboard

QuickBooks Online

Leverage this solution for small businesses that serve diverse sectors such as professional and field services, nonprofits, product sellers and new businesses. Income and expense tracking, invoicing, estimations, reporting and receipt sorting are its top accessories.

QuickBooks Online

A preview of QuickBooks Online.

Acumatica

Acumatica is an accounting ERP that consolidates transactions so users may evaluate their organization's financial health in real time. Designed to meet small and medium-sized businesses' needs, it's available for on-premise and cloud deployment. General ledger, accounts receivable and payable, cash management and tax management are some of Acumatica's quintessential features.

Acumatica Cash Management Tool

An example of Acumatica.

Zoho Books

Govern all financial data, expedite company protocols and permit users to collaborate across several departments seamlessly. Its top modules are purchase orders, online payments, sales orders, reporting, automation and mobility.

Zoho Books

A preview of Zoho Books.

Accounting Seed

Accounting Seed is a cloud-based bookkeeping program hinged on SalesForce to simplify back-office practices. Billing, revenue recognition, recurring payments, paying vendors, bank reconciliation and sales order management are its top features.

Accounting Seed

An example of Accounting Seed.

Xero

Utilize this cloud-based solution to facilitate small business requirements. It enables users to collaborate with third-party advisors and services to boost cooperation. Its notable features are payroll processing, banking, expense management, customer history, project management, sales tax calculations and purchase order tracking.

Xero

A preview of Xero.

Accounting Software Report

Expert recommendations and analysis on the top solutions

Get free access now

Questions to Ask Yourself

Use these questions as a starting point for internal conversations:

  • How many hours per day does my team spend on accounting processes that could be automated?
  • What specific accounting functions do I need and is there a software solution that contains all the necessary features?
  • What kind of deployment (on-premise or cloud) is right for my organization?
  • How big is my organization (small, medium or large)? How many people will need to access the system?
  • Am I willing to give up my current system (i.e., BI, CRM, and others) or find an accounting program that integrates with them?
  • How much am I willing to spend on a new solution?

Questions to Ask Vendors

Top Questions to Ask About Accounting Software

About the Software

  • How many users can access the software? Is there a fee per user?
  • How much does your solution cost? Is it subscription-based?
  • Is the software available for on-site installation or is it cloud-based accounting software?
  • What are some of the basic and advanced features that are included in your software?
  • Can you add updates to this software as I need them?
  • Does your software have a user-friendly interface?
  • Do you offer free trials or demos for your solution?

About the Vendor

  • What business sizes does your solution cater to?
  • Do you have experience working with companies in my specific industry?
  • Is it easy for me to get in touch with you or customer support if I run across any problems or if I have additional questions?
  • How long does it take to install your solution? Do you offer implementation support?
  • Do you have comprehensive training material for your solution?

Moving Forward

Finding an accounting system that aligns with your operations can be as difficult as finding a new dress. You want an accounting ERP that accentuates your needs and meets your list of features and requirements such as accounts receivable and payable, payroll, financial reporting and more.

You also want enterprise accounting software with cloud-based or on-premise deployment as well as a vendor that can tailor your software just right – not too tight and not too loose – so your business can look its best when meeting the demands of its clients.

Accounting Software Report

Expert recommendations and analysis on the top corporate accounting software

Get free access now

QuickBooks Online

User Sentiment:
User satisfaction level icon: great

QuickBooks Online is an accounting software dedicated to serve organizations in a variety of industries, including professional and field services, product selling, nonprofits and is best suited for small businesses. It streamlines recurring processes so users can easily get back to what matters most.Bill management, inventory management, project profitability tracking, invoice and expense management, business analytics and time tracking are some of its quintessential features.

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Freshbooks

User Sentiment:
User satisfaction level icon: excellent

FreshBooks is an all-in-one invoicing and accounting software dedicated to small businesses. It automates routine tasks, such as invoicing or scanning receipts, so users can swiftly return to their high-priority duties.Accounting, invoicing, time tracking estimating and reporting are only some of its quintessential accessories.

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Xero

User Sentiment:
User satisfaction level icon: great

Xero is an online accounting software designed to meet the needs of small businesses. The easy-to-use interface helps companies visualize their financial position and monitor performance based on real-time data. The solution is designed to connect businesses with third-party advisors and services in order to increase collaboration. This vendor offers a variety of integrations, making the platform capable of handling a variety of tasks associated with accounting.

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Wave Accounting

User Sentiment:
User satisfaction level icon: great

Wave Accounting is a simple yet robust system that enables entrepreneurs and freelancers to link their bank accounts, sync expenses across all devices, conduct accurate bookkeeping and prepare everything for tax time. It's easy to use, secure and trustworthy.Some of its other key capabilities include bill and invoice reminders, searchable transaction descriptions, adjustable sales taxes and infinite income and expense tracking.

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NetSuite Accounting

User Sentiment:
User satisfaction level icon: good

Netsuite Accounting assists financial leaders in designing and modifying operations by pairing bookkeeping with robust compliance management to increase business performance and close proficiency. Immediate access to information offers users full visibility to study all the nooks and crannies and expeditiously fix issues. This visibility enables users to draft thorough statements and disclosures that conform to ASC 606, GAAP, SOX and other compliance requirements.Its key accessories include tax management, general ledger, accounts receivable and payable and cash management.

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Skyward

User Sentiment:
User satisfaction level icon: great

Skyward is a prominent software solution that ranks 44 among all ERP Software according to our research analysts and 283 crowd-sourced reviews from 3 sources. Starting from $30000, Skyward is priced on the high side and is most suitable for businesses large and small. Skyward can be deployed in the cloud and on-premise and is accessible from a handful of platforms including Windows devices.

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Zoho Books

User Sentiment:
User satisfaction level icon: great

Zoho Books is an accounting solution that governs all of its users' finances, streamlines company operations and enables users to collaborate throughout various departments effectively. Estimates, invoicing, banking, billing, project management and inventory management are just some of its popular features. It's also available for iOS and Android devices.

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Deltek Vision

User Sentiment:
User satisfaction level icon: great

Deltek Vision is an enterprise planning solution that helps users streamline the complete project lifecycle and increase profitability. It enables critical business processes via Deltek Cloud. It has project lifecycle support and manages pre-awards, handles project close-outs, onboards new clients and projects and keeps projects on-budget and on-time. It also identifies the right talent, delivers against compliance and financial imperatives and measures KPIs across clients and projects. It is secure, flexible and scales with users’ businesses.

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Sage Intacct

User Sentiment:
User satisfaction level icon: great

Sage Intacct gives users control over more basic accounting aspects such as general ledger, accounts payable and accounts receivable. However, it also includes more advanced capabilities that allow customers to individualize the ERP product based on specific needs. The program enables the creation of configurable dashboards and customized reports. This software is available for deployment both on-premise and through the cloud, making it an effective ERP application for a variety of companies. It offers role-based functionality to protect the security of information and to ensure that employees only access information that is relevant to them and that they should be privy to.

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SAP S/4 HANA Finance

User Sentiment:
User satisfaction level icon: great

SAP S/4HANA Finance executes financial planning and accounting, risk management and accounts payables and receivables and other bookkeeping tasks via cloud or on-premise deployment.It extends a conventional view of financial and operational data, straight-forward consumable reporting and automated processes. Capabilities include research and development, supply chain management and real-time financing.

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Tipalti

User Sentiment:
User satisfaction level icon: excellent

Tipalti is an accounting solution that automates payables and invoice-to-pay-to-reconciliation procedures, allowing companies to adapt and thrive with updated practices while keeping payables hassle-free, safe and more efficient. Its scalability enables users to pay a large population of suppliers for digital goods and services.Supplier and invoice management, payment reconciliation, tax and value-added tax (VAT) compliance and self-billing are its top features.

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Oracle Financials Cloud

User Sentiment:
User satisfaction level icon: great

Oracle Financials Cloud offers in-depth modern financial management tools that easily integrate with and scales alongside businesses. It gives companies real-time insight to minimize costs and increase productivity.Essential capabilities include collections overview, quick receivables, expense report generation, revenue management, an accounting hub and more.

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Odoo

User Sentiment:
User satisfaction level icon: great

Odoo offers more than 10,000 integrated business applications for website building, sales, business operations management and employee productivity. It’s available for deployment through the cloud or on-premises, and they offer implementation services. It’s suitable for businesses of all sizes and budgets. Its open-source model and strong technical foundation is developer-friendly and allows users to customize to meet their specific needs. With that being said, it's good for businesses that may have unique requirements. It’s fairly low cost of ownership and ability to centralize all business processes provides ample opportunity for reducing costs. Its integration capabilities allows the user to work from one centralized location, which ultimately can save an organization time.

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Mint

User Sentiment:
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Mint is a one-stop-shop to manage financial life with one app. Powered by Inuit, it simplifies spending, credit scores, balances, budgets and more in one application. It offers a wide range of easy-to-use financial planning and tracking tools. In terms of personal finance, it provides helpful tools like budgeting, transaction tracking, and categorization.A free online personal finance service, access it via a browser or any mobile device. Every time the customer visits the site, the financial data gets updated automatically, making budgeting and expense tracking, paying easy and also helps in tracking credit scores. It syncs the bank accounts, credit cards and retirement accounts to track income, purchases and savings.

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QuickBooks Pro

User Sentiment:
User satisfaction level icon: great

QuickBooks Pro is a program designed to efficiently execute bookkeeping processes such as invoicing, cost tracking, receipt scanning and more while offering users a third eye on their finances by displaying the most current information in comprehensive dashboards and reports. Inventory and sales tax tracking, accounts payable management and bill management are some of its quintessential features.

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Express Accounts

User Sentiment:
User satisfaction level icon: great

Express Accounts is a small business bookkeeping program, suitable for organizations in all industries. It facilitates tasks such as report generation, sales documentation, integration and more.In addition to compatibility with both Windows and iOS, it offers mobile capabilities, providing on-the-go access to its users. It is an affordable option that helps businesses to streamline workflows and save both time and money. Sales, accounts receivable, reporting and business management are some of its accessories.

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Vena

User Sentiment:
User satisfaction level icon: great

Vena Solutions offers financial planning and analysis that stores orthodox spreadsheets, templates and models in one database operated by a workflow engine. It leverages accurate calculations, robust data modeling and a controlled environment. Traditional spreadsheet abilities have intense IT consulting, high cost of ownership and flawed audit trailing.It provides spreadsheets with real-time updates and the capability to roll back to previous versions to view and analyze changes over time. Its insightful analysis ensures smarter and faster decision making.

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Xledger

User Sentiment:
User satisfaction level icon: excellent

Xledger is a cloud-based financial management platform that combines multi-dimensional reporting and devolved budgeting in a single unified module. It automates processes such as bookkeeping, invoicing, asset management and bank reconciliation. It supports multi-entity, multi-currency transactions, consolidating data for all the entities in the user’s enterprise.For charities and nonprofits, it combines donor management and fund accounting. It helps professional services organizations automate and streamline processes through the entire project lifecycle, starting from workflow and ending with payment processing. Users can grow without limits by tracking costs and maximizing profits.

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Sage 300 Cloud

User Sentiment:
User satisfaction level icon: good

Sage 300cloud (formerly known as Sage ERP Accpac) helps businesses manage their finance and bookkeeping needs. It offers handy accounts receivable, accounts payable and general ledger accessories to ease routine processes. Its general ledger accessory has robust consolidation features and easily ciphers intercompany transfers, making it suitable for companies with intricate corporate structures like multi-entities, franchises and companies with international subsidiaries. Its application programming interface (API) and software development kit (SDK) components make it an effective option. It can scale and extend its capabilities to customers in several industries.

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Amilia

User Sentiment:
User satisfaction level icon: great

Amilia is an accounting and recreation management solution that enables users to market, supervise and expand businesses such as community centers, camp facilities, dance studios and more.Its noteworthy modules include recurring payments, attendance, reports, client database, activity calendars, memberships, online registrations and more.

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Infor CloudSuite Financials

User Sentiment:
User satisfaction level icon: good

Infor CloudSuite Financials is a cloud accounting ERP that works with Amazon Web Services (AWS) and Infor OS, enabling businesses to experience the latest advancements in enterprise functionality such as artificial intelligence (AI). AI enables users to keep up with updates, diminish the total cost ownership and capital investment and equalize analytics to make better business decisions.Global general ledger, close management, receivables and billing, cash management, reconciliation management and asset accounting are some of its idiosyncrasies.

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Epicor Accounting

User Sentiment:
User satisfaction level icon: good

Epicor Accounting aids users in scaling their business as well as meeting all of their accounting needs and staying true to driving growth for its clients. It practices teamwork, passion, excellence, innovation, service and integrity values. Although it's not a standalone solution, it's available as a module within Kinetic, Prophet 21 and Eclipse.Core financial management (i.e., general ledger, accounts payable and accounts receivable), reporting, global business management and payment processing are some of its quintessential attributes.

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Costpoint

User Sentiment:
User satisfaction level icon: good

Deltek’s Costpoint management suite is designed to serve government contractors of all sizes. It includes support for the entire life cycle of a project and includes accounting, manufacturing, business intelligence and materials management inclusions. It maintains high levels of compliance to ensure government contractors are within successful operational parameters. It is available with both cloud-based and on-premise deployment options and adheres to the ever-growing list of government regulations required of contractors. It helps users streamline daily tasks and complex accounting processes and provides users with valuable visibility into company metrics.

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Divvy

User Sentiment:
User satisfaction level icon: excellent

Divvy is a free cloud-based accounting and expense management solution. It provides businesses with a secure financial platform to manage payments, subscriptions and eliminate the requirements of expense reports. The swipe to books functionality helps make well-informed cash flow decisions, cut down on the losses before they happen and frees businesses from the worry of saving receipts ever again.

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Zoho Invoice

User Sentiment:
User satisfaction level icon: excellent

Zoho Invoice is an accounting ERP for small and medium-sized companies as well as freelancers. Users can craft sophisticated invoices, send payment reminders to patrons instantly and receive payments faster via the internet.It specializes in template personalization, workflow automation and seamless collaboration. Expenses, time tracking, estimates and payments are some of its prominent features.

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Accountmate

User Sentiment:
User satisfaction level icon: great

AccountMate, owned by the AccountMate Software Corporation, helps medium and small-scale businesses by providing them with flexible and robust business accounting management. It can be locally installed or used as a SaaS. It handles modular, financial, ERP and business management functions to help SMEs grow their traditional accounting methods.

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QuickBooks Enterprise

User Sentiment:
User satisfaction level icon: excellent

QuickBooks Enterprise is an accounting ERP that enables users to hold one million patrons, vendors and inventory items, 100,000 classes, 45 custom fields and no more than 40 users. Users can manage bookkeeping, inventory, reporting, pricing rules, job costing,time tracking and more.Its noteworthy features include pricing, job costing, hosting, field service management, order management and more.

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Acumatica

User Sentiment:
User satisfaction level icon: great

Acumatica software enables users to centralize transactions and to view a company’s financial status in real-time. It connects features such as the general ledger, accounts payable, accounts receivable and tax management to ensure that information is portrayed across all accounting aspects. It can be configured for needs ranging from distribution, manufacturing and point of sale to construction and retail-commerce. Available for deployment both on-premise and in the cloud, it’s especially beneficial for small and medium businesses.

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Tallie

User Sentiment:
User satisfaction level icon: great

Tallie is a mobile and online expense management tool built specifically for smaller businesses. It’s easy-to-use and minimizes the possibility of duplicate entry or manual error. A global provider — it makes the process simpler to navigate.Integrations seamlessly connect with core accounting systems like Xero, QuickBooks Online, QuickBooks Desktop, Sage Intacct or NetSuite. The vendor partners with bill.com to ensure that sending money goes smoothly. It helps businesses stay ahead while managing funds and reconciling credit cards with rapid receipt scanning, automatic report generation, duplicate de-duping and on-the-go mileage tracking.

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Concur

User Sentiment:
n/a

SAP Concur is a Software-as-a-Service company that provides travel and expense management solutions. Created by a merger of the two companies in 2014, it effortlessly guides employees through every trip by populating charges into expense reports and automating invoice reports.It automates data capture and accounts payable, uses real-time data and AI to audit transactions. It helps businesses keep an eye on what they are spending and there are no blind spots in the budget.

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GnuCash

User Sentiment:
User satisfaction level icon: excellent

GnuCash is a free accounting software licensed under the GNU GPL. It’s open-source and provides personal financial management as well. Start-ups and micro-businesses find this free option helpful, especially for those on a limited budget. Developed as an alternative to Quicken, it’s been translated into 21 languages and works well for small- and medium-scale companies who want to conduct business globally.

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Bill.com

User Sentiment:
n/a

Bill.com is a cloud-based software solution provider that automates financial processes for small and medium-scale businesses. It streamlines accounts payable and receivable management and uses AI and machine learning to reduce tedious data entry and manual errors. As an end-to-end option, it connects businesses with suppliers and clients to assist them in managing cash inflows and outflows.

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ZipBooks

User Sentiment:
User satisfaction level icon: excellent

ZipBooks is a cloud-based accounting and invoicing platform designed for entrepreneurs and small businesses. It works independently or with certified accountants who will prepare monthly financial statements for a user's business.It's also available as an iOS app with credit card processing, chart of accounts, business listings, machine learning, time tracking, team management and other capabilities that are specifically designed for the app.

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Xsolla

User Sentiment:
n/a

Xsolla is a reputable software system that ranks 26 among all eCommerce Platforms according to our research analysts. Starting from $0, Xsolla is priced initially at no cost, offers a free trial on occasion and is most suitable for all company sizes. Xsolla can be deployed online and on-premise and is accessible from a limited number of platforms including Windows and Linux devices.

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AvidXchange

User Sentiment:
User satisfaction level icon: excellent

AvidXchange is an accounts payable software company that helps mid-market-sized companies automate invoice and payment processing. Instead of replacing the existing system, it digitizes and transforms all systems electronically without letting the business lose control over the process. It automates all the payable processes and allows the accounting team to electronically review and direct the invoices based on rules and alerts set by the company.

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Adaptive Insights

User Sentiment:
n/a

Adaptive Insights is an enterprise planning SaaS solution that enables companies to effectively manage their finances, more accurately prepare for the future and make better decisions. It can pull source data from multiple sources to ensure that insights are accurate and remain up-to-date. It can visualize KPIs and create reports for easy sharing and distribution. It empowers collaborative financial, workforce and sales planning with business agility throughout any enterprise. Following its acquisition by Workday in 2018, it has rebranded to Workday Adaptive Planning. The vendor offers flexible pricing options for organizations of various sizes, with three types of role-based licenses or “seats” available: Full, Contributor and View.

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