Qonto vs M3 in June 2026

Remove All

89% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Qonto

Accounting Software

4.3 1,998 user ratings

View Details

84% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

M3

Accounting Software

View Details

Featured

98% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Xero

Accounting Software

4.1 7,154 user ratings

Visit Website

Featured

95% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Zoho Books

Accounting Software

4.4 4,924 user ratings

Visit Website

Overview

Description	Qonto is an easy business banking solution for entrepreneurs and startups. This all-in-one online business accounting platform helps SMEs and freelancers create business accounts as per convenience. Thus getting access to simplified accounting flow and transparent solutions. The services and features delivered by this platform are trusted widely by over 2,00,000 businesses located in different parts of the globe. Organizations are provided with a secure platform that safeguards the funds through FGDR (a French financial crises operator) services. Also, access to MasterCard business cards, with SEBA and SWIFT transfers enabled, is available with a subscription to Qonto. Furthermore, users can enjoy facilities like automated bookkeeping and team expense management besides streamlining and optimizing their work effectively. Also, integration with top third-party applications like Slack, Accountable, AXA, Pennylane, Zettle, etc makes user-wise task management a lot simpler to handle. Beyond this, users can also depend on the same to create multiple accounts with dedicated IBANs for organized management of expense items, activities, and team budgeting. Read more	M3 is an accounting and analytics platform specifically built for the hospitality industry. The solution provides powerful accounting and financial analysis with basic accounting modules, customizable dashboards, centralized data with information modules, and time tracking with modules. Time management. M3 works with systems and tool providers for talent, payroll and wealth management for end-to-end hotel management.The M3's Core Accounting Module allows users to streamline accounting capabilities and improve the financial performance of the company's entire portfolio with over 16 easy-to-use components. Accounting functions include accounts receivable and payments, centralized financial data for all financial transactions, bank reconciliation, and cash management. For financial analysis and management, Accounting Core provides daily reports with PMS charts, budgets and financial forecasts, and the ability to import and export financial data.The M3 Insight Module allows users to visualize and leverage financial and customer data with customizable dashboards and reports from a variety of systems. Insight allows users to uncover key data points and key trends, thereby optimizing business intelligence. Insight provides a seamless self-service experience for managing and reporting financial and customer data through automated collection, normalization, and reporting.M3 provides additional resources for training and implementation support, as well as customer support through the online help desk. Read more	Xero is an award-winning online accounting software for small scale businesses. Xero offers a variety of features to make your business function smoothly and efficiently. The software handles all the accounting transactions effectively. It permits unlimited users to get online at a time and work in collaboration over data which is accessible through a single ledger. Xero also provides Bank Reconciliation services by importing the various transactions from your bank accounts and matching them with your cash-book. Business finances and cash-flow statements are updated on a real-time basis, helping you to keep a track of all your expenses and transactions. Read more	Zoho Books is an easy-to-use and affordable accounting software designed to streamline the business finances. It helps track cash flow, expenses, and income with ease. Perfect for businesses operating globally, it features multi-currency support, making international transactions seamless. Zoho Books also offers professional invoice services and a tax filing portal, allowing to file returns directly without hassle. Additional features include Bank Reconciliation and efficient management of general and accounts, ensuring the finances are always in order. With its comprehensive tools, Zoho Books minimizes the time spent on accounting tasks, letting to focus on the core business activities. Whether managing day-to-day transactions or handling complex financial tasks, Zoho Books delivers everything required to stay on top of the finances. It’s the ideal solution for businesses looking for a reliable, all-in-one accounting platform that supports growth and efficiency.. Read more
Pricing Options	Free Trial Available Offers Custom plan.	Free Trial Not Available Offers Custom plan.	Free Trial Available Starts at $29.00.	Free Trial Available Starts at $15.0. Offers Free-forever plan.
SW Score & Breakdown	89% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more 94% Reviews 86% Momentum 63% Popularity 84%	84% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more 89% Reviews 73% Momentum 64% Popularity 77%	98% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more 100% Reviews 99% Momentum 69% Popularity 97%	95% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more 100% Reviews 89% Momentum 72% Popularity 87%
SaaSworthy Awards	# 11 Fastest Growing # 8 Most Popular	Not Available	# 2 Most Worthy # 6 Fastest Growing	# 15 Fastest Growing # 10 Most Popular

Features

Total Features	13 Features	11 Features	18 Features	18 Features
Common Features for All	Accounts Payable Handling the money owed by a business to its suppliers. Accounts Receivable Handling the money the client owes to the company. Bank Reconciliation Matching the balances of an entity's accounting records with the corresponding information on a bank statement. Billing and Invoicing This feature helps in issuing and handling the invoice and bills. Budget Forecasting Helps to create budgets using past performance and future projections. Forecasting uses data, trends, and analytics to predict revenue, expenses, and cash flow. CPA Firms Offers collaboration with a professional expert for financial and consulting services. Cash Management Collection and management of cash. Collections Recovery of cash from a business or individual. Expense Tracking Keep a count of your day to day expenses as well as allows you to quickly identify where the expense report is in the approval process. Fixed Asset Management Helps in tracking fixed assets for the purposes of financial accounting, preventive maintenance, and theft deterrence. General Ledger Maintaining and recording all the accounting related transactions. Multi-Currency Enables payment and collection in multiple currencies. Payroll Management Helps in automating the employee payment process, reduces incorrect data input and keep at bay paystub confusion Project Accounting Creation of financial reports specifically designed to track the financial progress of projects Purchasing Acquiring goods or services required for the business at minimal cost Revenue Recognition Determining the specific conditions under which revenue is recognized or accounted for Spend Management Managing the expenditure of a business in order to build its product or services Tax Management Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time + 10 More - Show Less	Accounts Payable Handling the money owed by a business to its suppliers. Accounts Receivable Handling the money the client owes to the company. Bank Reconciliation Matching the balances of an entity's accounting records with the corresponding information on a bank statement. Billing and Invoicing This feature helps in issuing and handling the invoice and bills. Budget Forecasting Helps to create budgets using past performance and future projections. Forecasting uses data, trends, and analytics to predict revenue, expenses, and cash flow. CPA Firms Offers collaboration with a professional expert for financial and consulting services. Cash Management Collection and management of cash. Collections Recovery of cash from a business or individual. Expense Tracking Keep a count of your day to day expenses as well as allows you to quickly identify where the expense report is in the approval process. Fixed Asset Management Helps in tracking fixed assets for the purposes of financial accounting, preventive maintenance, and theft deterrence. General Ledger Maintaining and recording all the accounting related transactions. Multi-Currency Enables payment and collection in multiple currencies. Payroll Management Helps in automating the employee payment process, reduces incorrect data input and keep at bay paystub confusion Project Accounting Creation of financial reports specifically designed to track the financial progress of projects Purchasing Acquiring goods or services required for the business at minimal cost Revenue Recognition Determining the specific conditions under which revenue is recognized or accounted for Spend Management Managing the expenditure of a business in order to build its product or services Tax Management Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time + 8 More - Show Less	Accounts Payable Handling the money owed by a business to its suppliers. Accounts Receivable Handling the money the client owes to the company. Bank Reconciliation Matching the balances of an entity's accounting records with the corresponding information on a bank statement. Billing and Invoicing This feature helps in issuing and handling the invoice and bills. Budget Forecasting Helps to create budgets using past performance and future projections. Forecasting uses data, trends, and analytics to predict revenue, expenses, and cash flow. CPA Firms Offers collaboration with a professional expert for financial and consulting services. Cash Management Collection and management of cash. Collections Recovery of cash from a business or individual. Expense Tracking Keep a count of your day to day expenses as well as allows you to quickly identify where the expense report is in the approval process. Fixed Asset Management Helps in tracking fixed assets for the purposes of financial accounting, preventive maintenance, and theft deterrence. General Ledger Maintaining and recording all the accounting related transactions. Multi-Currency Enables payment and collection in multiple currencies. Payroll Management Helps in automating the employee payment process, reduces incorrect data input and keep at bay paystub confusion Project Accounting Creation of financial reports specifically designed to track the financial progress of projects Purchasing Acquiring goods or services required for the business at minimal cost Revenue Recognition Determining the specific conditions under which revenue is recognized or accounted for Spend Management Managing the expenditure of a business in order to build its product or services Tax Management Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time + 15 More - Show Less	Accounts Payable Handling the money owed by a business to its suppliers. Accounts Receivable Handling the money the client owes to the company. Bank Reconciliation Matching the balances of an entity's accounting records with the corresponding information on a bank statement. Billing and Invoicing This feature helps in issuing and handling the invoice and bills. Budget Forecasting Helps to create budgets using past performance and future projections. Forecasting uses data, trends, and analytics to predict revenue, expenses, and cash flow. CPA Firms Offers collaboration with a professional expert for financial and consulting services. Cash Management Collection and management of cash. Collections Recovery of cash from a business or individual. Expense Tracking Keep a count of your day to day expenses as well as allows you to quickly identify where the expense report is in the approval process. Fixed Asset Management Helps in tracking fixed assets for the purposes of financial accounting, preventive maintenance, and theft deterrence. General Ledger Maintaining and recording all the accounting related transactions. Multi-Currency Enables payment and collection in multiple currencies. Payroll Management Helps in automating the employee payment process, reduces incorrect data input and keep at bay paystub confusion Project Accounting Creation of financial reports specifically designed to track the financial progress of projects Purchasing Acquiring goods or services required for the business at minimal cost Revenue Recognition Determining the specific conditions under which revenue is recognized or accounted for Spend Management Managing the expenditure of a business in order to build its product or services Tax Management Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time + 15 More - Show Less

Technical Details

Organization Types Supported	Individuals Freelancers Large Enterprises Medium Business Small Business	Individuals Freelancers Large Enterprises Medium Business Small Business	Individuals Freelancers Large Enterprises Medium Business Small Business	Individuals Freelancers Large Enterprises Medium Business Small Business
Platforms Supported	SaaS/Web/Cloud Mobile - Android Mobile - iOS	SaaS/Web/Cloud Mobile - Android Mobile - iOS	SaaS/Web/Cloud Mobile - Android Mobile - iOS	SaaS/Web/Cloud Mobile - Android Mobile - iOS
Modes of Support	24/7 (Live rep) Business Hours Online	24/7 (Live rep) Business Hours Online	24/7 (Live rep) Business Hours Online	24/7 (Live rep) Business Hours Online
API Support	Available	NA	Available	Available

Reviews & Ratings

User Rating	4.3/5 1,998 user ratings	Not Available	4.1/5 7,154 user ratings	4.4/5 4,924 user ratings
Rating Distribution	Excellent 78.6% Very Good 5.5% Average 0.9% Poor 1.3% Terrible 13.9%	Not Available	Excellent 67.2% Very Good 8.6% Average 3.4% Poor 3.1% Terrible 17.6%	Excellent 73.9% Very Good 13% Average 1.6% Poor 1.3% Terrible 10.2%
User Sentiments	Easy Account Setup, Efficient Customer Service, User-Friendly Interface, Fast Transaction Speed Check Deposit Processing Delays, Account Closures, Lack of Physical Branches, Limited International Transfer Options	Not Available	User Friendly Interface, Extensive Integrations, Automated Bank Feeds, Comprehensive Reporting Unreliable Bank Feeds, Slow Support Response Times, Limited User Permissions, Lack of Phone Support	User-Friendly Interface, Extensive Integrations, Comprehensive Features, Excellent Invoicing Capabilities Limited Customization Options, Occasional Bugs or Glitches, Bank Feed Syncing Issues, Limited Reporting Capabilities
Review Summary	Review analysis indicates that users generally appreciate Qonto's user-friendly interface, efficient customer support, and innovative features for managing finances. Many users highlight the convenience of integrating their business accounts, categorizing transactions, and tracking expenses. However, some reviewers express concerns regarding occasional technical glitches, limited customization options, and high fees associated with specific services. Overall, users acknowledge Qonto's effectiveness in simplifying financial management but suggest improvements in stability, flexibility, and pricing transparency.	Not Available	User reviews of Xero are mixed. While many praise its ease of use, seamless integration with other platforms, and robust features for small businesses, they often express frustration with unreliable bank feeds, slow customer support response times, and lack of essential functionalities. Some users find the new invoicing system cumbersome, while others appreciate the help provided by Xero's support team, especially when it comes to technical issues. Overall, Xero is a powerful accounting software for small businesses but has drawbacks in its customer support and recent feature updates.	Zoho Books is a popular accounting software praised for its user-friendly interface, making it accessible to both beginners and experienced users. Users appreciate its comprehensive features, including invoicing, expense tracking, bank reconciliation, and inventory management. Zoho Books also integrates seamlessly with other Zoho products, streamlining workflows and data sharing. While some users find limitations in customization options and reporting capabilities, overall, Zoho Books stands out as a cost-effective and versatile accounting solution for small businesses.
	Read All User Reviews		Read All User Reviews	Read All User Reviews

AI-Generated from the text of User Reviews

Pricing

Pricing Options	Free Trial Available Offers Custom plan.	Free Trial Not Available Offers Custom plan.	Free Trial Available Starts at $29.00.	Free Trial Available Starts at $15.0. Offers Free-forever plan.
Pricing Plans Monthly Plans Annual Plans	Basic Pack (Company Creators) Others Smart Pack (Company Creators) Others Essential Pack (Company Creators) Others Basic (Self-Employed) Others Smart (Self-Employed) Others Premium (Self-Employed) Others Essential (Micro-businesses (1-9 Employees)) Others Business (Micro-businesses (1-9 employees)) Others Enterprise (Micro-businesses (1-9 Employees)) Others Business (SMEs (10-250+ employees)) Others Enterprise (SMEs (10-250+ Employees)) Others Build Your Own (SMEs (10-250+ Employees)) Custom	M3 Custom	Starter $29.00 $29.00 per month Standard $46.00 $46.00 per month Premium $69.00 $69.00 per month	Free Free Standard $15.00 $20.00 per month Professional $40.00 $50.00 per month Premium $60.00 $70.00 per month Elite $120.00 $150.00 per month Ultimate $240.00 $275.00 per month
	View Detailed Pricing	View Detailed Pricing	View Detailed Pricing	View Detailed Pricing

Have Questions? We can help!

Get personalized recommendations from our experts on call

✔ Trusted by more than 5 Million users across the globe.

Alternatives

	Finmap QuickFile 4.7 2,842 ratings Qonto Vs QuickFile Clear Books 4.2 324 ratings Qonto Vs Clear Books easybook.io Qonto Vs easybook.io BlackLine 4.7 279 ratings	Hotelier Books M3 Vs Hotelier Books AccountingSuite M3 Vs AccountingSuite ActivityHD M3 Vs ActivityHD Sage Intacct 4.3 4,517 ratings AccountsIQ M3 Vs AccountsIQ
	View All Qonto Alternatives	View All M3 Alternatives