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Showing 21 - 40 of 151 Products

86% 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

OkCredit logo
Transactions Made Safe with Bahi Khata Write a Review
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What is OkCredit and how does it work?

OkCredit software is a platform used to track receivables and payables in minutes. The software offers timely reminders via free SMS and WhatsApp to make instant payments. Monitor transactions with reports and statements on any device. It supports Mobile Android and iOS. Small business make use of the software.

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SW Score Breakdown The SW Score breakdown shows individual score for product features.Read More

  • Features 85%
  • Reviews 76%
  • Momentum 65%
  • Popularity 92%

OkCredit Pricing

  • Free Trial Not Available
  • OkCredit Offers Free-forever plan.

86% 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

Reckon One logo
Get your finances organised accordingly 4.3 Based on 31 Ratings
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What is Reckon One and how does it work?

Reckon One is an intuitive accounting software, helping out small businesses manage accounting-related processes on the go. It can be used to monitor cash flow, employee wise payments and invoices/expenses alike. The software also helps users to monitor their day-to-day income, cash flow and expenses with the help of real-time reporting facilities. Businesses can create and send professional looking online invoices that help them to get paid faster. Further, businesses can also depend on this software to streamline payroll for an unlimited number of employees as per convenience. They can even connect individual bank account with Reckon One and monitor transactions, which can also be reconciled. Apart from accounts management, this particular system also turns out to be of great help in terms of timesheets monitoring, project & job-wise progress tracking and employee expense reimbursements. Moreover, Reckon One also provides real-time integrations with external platforms like BetterHQ, FundTap, Dext Prepare, Halaxy and more.

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SW Score Breakdown The SW Score breakdown shows individual score for product features.Read More

  • Features 95%
  • Reviews 63%
  • Momentum 64%
  • Popularity 85%

Reckon One Pricing

  • Free Trial Available
  • Starts at $5.00.

86% 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

AccountingSuite logo
For your ever-evolving accounting needs and business development skills 4.5 Based on 134 Ratings
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What is AccountingSuite and how does it work?

Accounting Suite is a personalised cloud accounting software, that helps out companies scale their growing business. The platform keeps information floating between business advisors, employees, accountants and investors alike. It also makes transactions automated, eliminating manual entries and time-related hassles all the while. Detailed inventory management features are made available within AccountingSuite, which are of great help when it comes to monitoring activities from scratch. For project admins, contractor time tracking and employee active hours monitoring features are made available. They can make a shift from orders to cash using real-time inventory data, one-step sales orders and e-invoices as per need. Zapier, Paya, Bill.com, Gusto, Square, Zoho, Stripe and Avalara are some of the external platforms with which AccountingSuite can be integrated. Other functionalities involved are sales and purchase order monitoring, different tabs for seamless multitasking, cloud-based payables, project-based time tracking and more.

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SW Score Breakdown The SW Score breakdown shows individual score for product features.Read More

  • Features 97%
  • Reviews 70%
  • Momentum 61%
  • Popularity 77%

AccountingSuite Pricing

  • Free Trial Available
  • Starts at $19.00.

86% 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

Saasu logo
A Accounting for Small Business 3.7 Based on 25 Ratings
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What is Saasu and how does it work?

Saasu software is an Online accounting software used to manage accounting data on private cloud servers.Design Professional Quotes, invoices to gain real-time data with business performance and cashflow with built-in reports. Collaborate with your team and track expenses to measure the workflow of business. Sole traders,Startups and Small businesses make use of the software.

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SW Score Breakdown The SW Score breakdown shows individual score for product features.Read More

  • Features 98%
  • Reviews 64%
  • Momentum 60%
  • Popularity 79%

Saasu Pricing

  • Free Trial Available
  • Starts at $15.00.

86% 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

RealBooks logo
Plan well and analyse closely with RealBooks Write a Review
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What is RealBooks and how does it work?

RealBooks is accurate online accounting software that provides the required business intelligence to let clients keep up with the pace. RealBooks enables clients to analyse, plan and manage their business and finances like a well-established company. This platform provides clients with the edge that is required to make informed decisions, especially while working remotely. Clients can stay updated about their deliverables, receivables, payables and cash flow from anywhere, anytime. The document management feature enables accounting to happen without hassles, retaining every bit of information that is in store. GST filing allows clients to lodge their branches and generate the GSTIN bills almost immediately, as RealBooks works simultaneously for each branch. This saves on a lot of time that would have otherwise been invested in generating the bills manually or individually. The perfectly accurate GST calculations enable seamless accounting procedures and thereafter, smooth uploads to the GSTN. The GST portal is further integrated with cost-effective compliance to allow clients to generate invoices with zero additional charges.

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SW Score Breakdown The SW Score breakdown shows individual score for product features.Read More

  • Features 98%
  • Reviews 60%
  • Momentum 65%
  • Popularity 80%

RealBooks Pricing

  • Free Trial Available
  • RealBooks Offers Free-forever plan.

86% 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

Kashoo logo
Get your account-related data at your fingertips 4.6 Based on 401 Ratings
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What is Kashoo and how does it work?

Kashoo is a compact accounts management software, specially built for small businesses to simplify their accounting processes in real-time. Thus enabling teams to focus more on their businesses’ core processes and doings alike. A variety of reports offered by the software covering metrics like Cash flow, Accounts Receivables & Payable, Income Statement & Balance Sheet, etc, enable businesses to get all the information they need with ease. Also, Kashoo helps users to send payment links with invoices to individual clients and customers in real-time and get paid much faster. Businesses can even add a convenience fee to the invoices, ensuring that they have covered all the expenses. It automatically categorises every transaction, facilitating easy finds and tracking. In the case of transactions from new clients, contact information gets generated automatically. Kashoo comes with free invoice templates that can be customised to the needs of individual users. These invoices can also be converted into PDF, Excel or Word files and sent to clients.

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SW Score Breakdown The SW Score breakdown shows individual score for product features.Read More

  • Features 94%
  • Reviews 77%
  • Momentum 60%
  • Popularity 79%

Kashoo Pricing

  • Free Trial Available
  • Starts at $30.00.

86% 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

Sage Business Cloud Accounting logo
Maintain your accounts properly and get paid faste 4.3 Based on 156 Ratings
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What is Sage Business Cloud Accounting and how does it work?

Sage Business Cloud Accounting is an accounts management software that helps small businesses to streamline their accounts and bookings easily, besides enhancing their cash flow. The software enables users to automate their workflow and related tasks like invoicing, access controls and payment processing directly from integrated accounts. Through these automation processes, users can even share real-time access with their teammates or accountants, facilitating easy collaboration. Further, with Sage Business Cloud Accounting, companies can automatically create, send and track invoices, which makes it easier to receive payment on time and maintain a healthy cash flow. The software can be easily integrated with Stripe that offers a ‘Pay Now’ button on invoices, allowing customers to make payments quickly. It also includes an insightful dashboard where brands can see how much revenue is coming in and what are the expenses of each month. Sage Business Cloud Accounting also offers online support via live chat, free training and 1-on-1 sessions with accounting experts.

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SW Score Breakdown The SW Score breakdown shows individual score for product features.Read More

  • Features 92%
  • Reviews 78%
  • Momentum 62%
  • Popularity 70%

Sage Business Cloud Accounting Pricing

  • Free Trial Available
  • Starts at $7.50.

86% 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

Countingup logo
Mind Mapping and Ideation Tool 4.5 Based on 751 Ratings
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What is Countingup and how does it work?

Plectica is a niche tool for businesses and sole practitioners to map their ideas in real time. This allows them to access them in the future and even share with team members for efficient collaboration and synced brainstorming sessions. This makes it perfect for users such as strategists, educators, technologists, designers, policy makers, and innovators of all types. Users can create a database schema to depict how data will be handled and saved in the backend. They can even create mind maps to document their thought process for the most optimum outputs. Other modes, such as the ability to create customer journey maps, allows marketers to understand and collaboratively brainstorm about concepts. Moreover, Traffic Flow creation enables web managers to reach conclusions about the most optimum flow to handle traffic through the website. The tool comes with a free forever plan where users can start mapping with up to 250 cards.

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SW Score Breakdown The SW Score breakdown shows individual score for product features.Read More

  • Features 87%
  • Reviews 74%
  • Momentum 70%
  • Popularity 82%

Countingup Pricing

  • Free Trial Not Available
  • Countingup Offers Free-forever plan.

86% 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

QuickFile logo
Get your accounts under a single roof with QuickFile. 4.8 Based on 520 Ratings
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What is QuickFile and how does it work?

QuickFile is a cloud accounting software with a thoughtfully designed user-friendly interface. It is useful for small-scale investors to large-scale organizations, helping them to streamline their accounting related tasks with ease and manage customers on a fully automated system. Admins can put their invoice reminders on autopilot besides providing access to a completely branded portal, enabling seamless self-service on the go. The API of this software has been thoughtfully programmed to fit in with the various backend systems of an individual organization. Categories like Online payments, Rich Reporting, Bank Feeds, Backups, Estimates and Orders, Multicurrency etc are also of great help. This software even allows the creation of customised invoices for each of its clients, all of which are stored in the cloud and are easily accessible. The remote backup system runs every 15 minutes to ensure that no data is lost due to unforeseen technical disruptions.

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SW Score Breakdown The SW Score breakdown shows individual score for product features.Read More

  • Features 88%
  • Reviews 84%
  • Momentum 62%
  • Popularity 75%

QuickFile Pricing

  • Free Trial Not Available
  • QuickFile Offers Free-forever plan.

86% 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

OneUp logo
An all-in-one platform for all of your business needs 4.3 Based on 27 Ratings
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What is OneUp and how does it work?

OneUp is a multi-functional platform developed specifically for small businesses in order to reduce their cost and increase their revenue. It is an accounting software, an inventory management software, a CRM software, and a billing and invoicing software, all in one. It provides smart tools to the users to manage their financial accounts, inventory, expenses and CRM, and their invoices and bills- everything in a single platform. The platform enables creation, customization and sending of invoices with just a few clicks. It also assists the user in monitoring their inventory level, managing their opportunities and leads, and in setting reminders for timely planned follow ups. The platform’s accounting features include bank reconciliation, cash management, expense tracking, collections, purchase management, and tax management. Its inventory management features include multi-location access, inventory overview, purchase order management, and shipping management. Users can enjoy its CRM features as well that include contact management, call logging, list management, and marketing automation. Other than that, the platform also offers invoicing and billing features like customizable invoices, mobile payments, and online invoicing. The platform further allows multi-currency usage for easy operation and handling. Users additionally get a free trial version for testing its features before buying the premium plans.

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SW Score Breakdown The SW Score breakdown shows individual score for product features.Read More

  • Features 92%
  • Reviews 72%
  • Momentum 64%
  • Popularity 74%

OneUp Pricing

  • Free Trial Available
  • Starts at $9.00.

85% 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

AccountsIQ logo
Realize your full potential with AccountsIQ Financial Management Software 4.7 Based on 42 Ratings
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What is AccountsIQ and how does it work?

Accounting transaction collection, processing, and reporting are made easier using AccountsIQ. They specialize in assisting multi-entity and developing firms who want to automate their procedures and reporting. AccountsIQ collaborates with over a hundred nonprofits, most of which have more complicated accounting and reporting requirements. AccountsIQ is a cloud accounting software that makes financial data collection, processing, and reporting a breeze. It has simple tools for automating consolidation, budgeting, auditing, filing digital VAT forms, and managing cash flow. It is built primarily for commercial contexts where several entities require access to a single platform and is appropriate for small to medium-sized businesses in all industries. AccountsIQ allows for extensive and granular reporting and performance benchmarking throughout a group network thanks to its customizable 3-tier General Ledger and 6-dimension BI coding structure. There are 250 reports, management reporting packs, and dashboards included, as well as an Excel Add-In and a Power BI link for customized analysis. Their cloud-based smart accounting software was created on the cloud. It allows you to automate a variety of financial operations, work more effectively with your team, and complete month-end tasks faster.

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SW Score Breakdown The SW Score breakdown shows individual score for product features.Read More

  • Features 93%
  • Reviews 60%
  • Momentum 69%
  • Popularity 79%

AccountsIQ Pricing

  • Free Trial Not Available
  • AccountsIQ Offers Custom plan.

85% 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

Akounto logo
Keep track of your company's finances while on the go 5 Based on 6 Ratings
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What is Akounto and how does it work?

Akounto is a cloud-based accounting and bookkeeping software that helps organizations organize and manage their financial information. Enjoy seamless management of all transaction data, assuring tax preparation for books, with simple features like bank account linkage, invoicing, and real-time profit tracking. Can always rely on Akounto to keep your books in good shape! Akounto is a free, device-agnostic app that allows to keep track of books on the road. Designed for small business owners, startups, e-commerce businesses, and self-employed professionals. Enjoy seamless management of all transaction data, assuring tax preparation for books, with simple features like bank account linkage, invoicing, and real-time profit tracking.Furthermore, Akounto is a complete device-agnostic and free-to-use software that allows to keep track of finances on the move and make smart business decisions.

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SW Score Breakdown The SW Score breakdown shows individual score for product features.Read More

  • Features 92%
  • Reviews 72%
  • Momentum 66%
  • Popularity 74%

Akounto Pricing

  • Free Trial Not Available
  • Starts at $4.08.

85% 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

Multiview logo
Your all-rounder guide! 4.5 Based on 53 Ratings
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What is Multiview and how does it work?

Multiviewcrop is an influential, data-centric financial application software in combination with an empathetic team that will always be there to assist you in your success journey. They work with five core values, namely: people first, stronger together, Believe in better, Client obsessed and work smart. At Multiview, they believe in treating humans the way they deserve and not like machines. They believe in growing together as a stronger team for when every member wills to utilize their potential to their limit it will undoubtedly bring success. They are patron-obsessed. Their foremost oath is to provide customer satisfaction; they can be easily reached, are responsive, and are active in working for their goals. In addition, to stop their clients successful enough to stop chasing numbers they also work to evaluate and help them improve and grow soulfully. They work for their clients not just professionally but personally too. They are not a mere technology-based company, but are a “people’s company”, for their clients as well as their employees.

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SW Score Breakdown The SW Score breakdown shows individual score for product features.Read More

  • Features 97%
  • Reviews 69%
  • Momentum 60%
  • Popularity 74%

Multiview Pricing

  • Free Trial Not Available
  • Multiview Offers Custom plan.

85% 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

ActivityHD logo
Accounting software with diverse features Write a Review
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What is ActivityHD and how does it work?

A single platform with the ultimate features of accounting. Tracks all the expenses for your business, handle invoices, and schedule payments in a module to enhance development. Manage contracts, and work orders to improve good customer service. General Ledgers is available for maintaining and organizing tax. An integrated Payroll module lets you pay and manage all records in a dashboard. A self-serve website is available for employees and managers.

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SW Score Breakdown The SW Score breakdown shows individual score for product features.Read More

  • Features 95%
  • Reviews 65%
  • Momentum 67%
  • Popularity 65%

ActivityHD Pricing

  • Free Trial Not Available
  • ActivityHD Offers Custom plan.

85% 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

SlickPie logo
Track your invoices 4.6 Based on 134 Ratings
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What is SlickPie and how does it work?

A software which provides a number of features that can help small businesses, freelancers, entrepreneurs and not-for-profit organization to issue invoices and accept payments online. With SlickPie, you can customize your invoice and issue it to your customers anytime. You can also keep a track of these invoices as to when your clients have viewed it and paid it. For making sure that you receive your payment in time, SlickPie offers your customers a number of payment platforms like PayPal, Stripe and credit card processing, so that your customers can make the payment using their preferred platform.

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SW Score Breakdown The SW Score breakdown shows individual score for product features.Read More

  • Features 92%
  • Reviews 78%
  • Momentum 61%
  • Popularity 72%

SlickPie Pricing

  • Free Trial Not Available
  • Starts at $39.95. Offers Free-forever plan.

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

TopNotepad logo
A quick and cost-effective solution for Invoicing 4.8 Based on 238 Ratings
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What is TopNotepad and how does it work?

A cloud-based online software which provides small businesses and freelancers with features to ensure efficient and effective handling of their invoicing procedures. TopNotepad allows you to issue invoices to your clients in one click and invest your all-important time on the core activities of your business. It also enables your customers to make quick payments through a number of online payment gateways so that you get paid in time. Additional features like hand crafted reports and dashboards lets you keep a check on your business from anywhere. TopNotepad is an affordable and efficient tool for handling all your invoicing needs.

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SW Score Breakdown The SW Score breakdown shows individual score for product features.Read More

  • Features 88%
  • Reviews 71%
  • Momentum 66%
  • Popularity 77%

TopNotepad Pricing

  • Free Trial Available
  • TopNotepad Offers Custom plan.

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

Enerpize logo
Manage your organization’s processes effectively 5 Based on 1 Ratings
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What is Enerpize and how does it work?

Enerpize is an all-in-one Enterprise Resource Planning (ERP) software that helps small and medium businesses to access and manage their organizational processes effectively. It provides smart and industry-tailored solutions that open new opportunities to facilitate efficient production. Enerpize helps in sales by creating and sending online quotations and invoices, tracking sales, monitoring staff performance and syncing all product-related details. For companies’ accounting systems, it can be used to manage cash flow purchases, profits and loss, taxes, sales, charts of accounts, balance sheet and more. Enerpize helps to create and manage work orders, add expenses, assign clients and employees and schedule appointments. For the HR team, the software can be utilised to set up an organizational structure, add employees, create contacts, manage shifts, payrolls and other services. It simplifies the processes of managing products in different warehouses and issues purchase orders to suppliers. The software also works as an intuitive CRM tool helping in overall management tasks.

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SW Score Breakdown The SW Score breakdown shows individual score for product features.Read More

  • Features 97%
  • Reviews 63%
  • Momentum 63%
  • Popularity 68%

Enerpize Pricing

  • Free Trial Available
  • Starts at $9.99.

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

ZarMoney logo
Experience optimised accounting and financial management related tasks 4.8 Based on 75 Ratings
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What is ZarMoney and how does it work?

ZarMoney is a robust accounting and online bookkeeping solution for businesses of all sizes. This platform helps organizations maintain and streamline their finances along with inventory in an effortless way, fostering growth. It delivers a host of powerful features that ensure businesses thrive by automating busywork. Customers and Account Receivables facility help brands create and send invoices in an instant. Also, a convenient "pay now" option lets customers pay directly via invoices to save time. Businesses also get to provide accurate estimates and quotes online using product-wise predefined parameters and a dedicated dashboard as per their individual needs. Moreover, ZarMoney makes payments easy by enhancing transaction processes. Businesses get to manage bills and expenses, track purchase orders, print checks all from one platform. Detailed analytics and customizable reports enable organizations to manage their profits and losses, take care of balance sheets and extract profound insights, facilitating real-time improvement and growth.

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SW Score Breakdown The SW Score breakdown shows individual score for product features.Read More

  • Features 93%
  • Reviews 70%
  • Momentum 62%
  • Popularity 80%

ZarMoney Pricing

  • Free Trial Available
  • Starts at $15.00.

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

Fincent logo
The financial management platform Write a Review
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What is Fincent and how does it work?

Introducing Fincent: the comprehensive financial management platform designed to streamline the way they do business. Get ready to discover a powerful suite of tools that make managing their finances easier than ever. From expert bookkeeping and secure invoicing and payments, to tax-ready financial reports and automatic expense tracking they'll have everything they need to keep up with their finances and scale up with confidence. With Fincent, they can enjoy an effortless cloud-based experience that automates the tedious tasks associated with running a business. ATM reconciliation, sales tax tracking, and detailed financial statements are all available at the click of a button. Plus, Fincent’s secure invoicing and payment features ensure they get paid promptly and without hassle. No more spreadsheets or accounting softwares! With Fincent, they can seamlessly manage their finances with confidence, so they can focus on what really matters their business. Get up-to-date financial insights and have peace of mind knowing that all of their financial information is secure. Take control of their finances today with Fincent and experience an entirely new approach to financial management.

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SW Score Breakdown The SW Score breakdown shows individual score for product features.Read More

  • Features 93%
  • Reviews 60%
  • Momentum 68%
  • Popularity 73%

Fincent Pricing

  • Free Trial Not Available
  • Starts at $278.00.

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

Firm360 logo
Get accounting processes simplified 4.9 Based on 11 Ratings
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What is Firm360 and how does it work?

Firm360 is an all in one firm management solution for accountants and CPA businesses. The software can be used to monitor workflows, track time and communicate with clients in real-time. Firms get to manage sensitive documents using the software besides facilitating active collaboration between members within a particular team. It also ensures that the documents get transferred in a secure way. An automated workflow monitoring mechanism offered by Firm360, facilitates greater levels of control besides enhanced efficiency. Enterprises get to monitor the present condition of an ongoing project and send timely notifications to the dedicated staff. Advanced scheduling features offered by the software facilitates better time tracking and multiple project monitoring in a simultaneous manner. A friendly user interface offered by the particular enables greater scalability and flexibilities as well. Firm360 is hosted on Amazon AWS infrastructure and ensures that the data in transit is encrypted using SSL. Data stored within the particular gets backed up in separate regions of the US and can be recovered as per users’ business needs.

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SW Score Breakdown The SW Score breakdown shows individual score for product features.Read More

  • Features 94%
  • Reviews 66%
  • Momentum 64%
  • Popularity 73%

Firm360 Pricing

  • Free Trial Not Available

Pricing Insights for Accounting Software

  • The Average Cost of a basic Accounting Software plan is $19 per month.

  • 44% of Accounting Software offer a Free Trial Allows users to try out the software for a limited period before making a purchase decision. , while 21% offer a Freemium Model Allows users to access basic features at no cost..

List of Accounting Software

PRODUCT NAME SW SCORE AGGREGATED RATINGS
OkCredit OkCredit 86 0
Reckon One Reckon One 86 4.3
AccountingSuite AccountingSuite 86 4.5
Saasu Saasu 86 3.7
RealBooks RealBooks 86 0
Kashoo Kashoo 86 4.6
Sage Business Cloud Accounting Sage Business Cloud Accounting 86 4.3
Countingup Countingup 86 4.5
QuickFile QuickFile 86 4.8
OneUp OneUp 86 4.3

Overview

An Accounting Software is designed to provide an online platform to manage all the accounting activities of a business. This software helps an organization by integrating various data from different departments and allowing accountants to work in collaboration. The main services provided by these software include accounts handling, general ledger, bank reconciliation, billing & invoicing, and tax management. This software is very beneficial for any organization as it helps them save crucial time and money.

What is Accounting Software?

Accounting software is a well-developed computer program that helps bookkeepers and accountants in recording and keeping a track of the company or the firm’s financial transactions. Usually, the working of the accounting software depends on the type of product that you will use. Most important firms choose to use a customized solution that allows the integration of a large amount of data and records. Smaller firms, however, choose to work with account software that is available to them from the internet.

Why use Accounting Software?

Efficient:

If you would like your business to work efficiently, you will have to take up the most efficient accounting software out there, based on the job you are required to do. Most accounting software allows you to complete your bookkeeping in a few clicks. All that you will require is an internet connection. It will also store all your information in one place, so you will not have to refer through previous transactions. There will be no waste of time digging through spreadsheets and unnecessary paperwork.

Auto-accounting:

Automatic accounting can really make your life a lot easier. Auto-accounting software can add, add statements, generate invoices, etc. This can save you a lot of time and provide you with an accurate calculation, as compared to accounting done by hand. With accounting software like this, the platform for errors is minimal and you can get your job done faster.

Tax filing made easy:

Accounting can be tough at times, especially when you find yourself surrounded by disorganized receipts. This can get you into all sorts of trouble like fines and penalties and in worse scenarios, even legal action. Accounting software can help you avoid these mishaps. It helps in keeping your business transactions in an organized manner. Your receipts can be stored in one place and will be easily accessible. What’s more, when it comes to returns, your tax preparer can gain easier access to your books. Thus, you will be spending less time and fewer risks in your work.

Audit protection:

The job of auditors is to check your books for the correct information that you record. If you slip, they may reprimand you and you will have to deal with heavy casualties. This can be avoided easily through Accounting Software. There will barely be any errors that can get you into trouble. This software helps in preventing IRS red flags, thus avoiding auditors on the go.

Pre-planning made easy:

Accounting software helps you in planning ahead by tracking your financial history. You can track your previous income and compare it with your present income and savings, therefore setting up financial and business milestones for yourself to overcome.

Top Features of Accounting Software

Accounting software comes with features that will help you in keeping track of your records with ease. Listed below are the top features that you must look to when picking your accounting software.

Core Accounting:

Accounting Software must contain the basic functions- general ledger, account payable and receivable, fixed assets, and bank reconciliation.

Invoice and Billing generator:

Good accounting software must not be the one that just prepares invoices, but also does a complete round of tasks that will help you get through the accounts and finance.

Budget preparation and result forecast:

A common feature offered by Account Software is the ability to calculate and interpret finance performance for the current year all the while managing and estimating the budget for the upcoming year, using the data of the previous years. This is very helpful for the company to pre-plan its finances.

Managing salaries and payments:

Employee payrolls are important and Accounting Software will help you through it by preparing the cheques for their payments. It will also help you through the legal and tax commitments without silly errors.

Top Use Cases for Accounting Software

Industry-level use cases

Retail Industry:

If you choose to work in the retail industry, you will have to prepare yourself for frequent auditors and data updates on a daily basis. You are going to have to check and re-check your work every time you leave your workplace. Keeping the revenue and expenses to the tee is very important to the retailer, so to overcome the stress that comes with this job you may choose to rely on accounting software. These will keep track of your receipts and expenses.

Hospitality Industry:

It is no news that the hospitality industry has to keep track of its accountants and books. Submissions of financial reports to the managers and sudden auditors are the usual thing. The industry work on thousands and thousands of transactions each and every day. It is in cases like these where accounting software is a must to keep track of billings, payrolls, revenue, and daily expenses.

Educational Industries:

Colleges, Universities, and Schools have a large amount of staff and hence keeping a track of the payroll can be rather tedious. It is in this case that Accounting Software comes in handy. It keeps track of the salaries and wages, and also maintains the funding and the revenue of the institutions.

Functional level use cases

Accounting software helps in the billing and invoicing of various business sectors, as it is less tedious and accurate. Moreover, it does it within a short amount of time hence helping the business company with more time to gain more profits. It helps out in banking work, and in keeping track of expenses. Accounting Software also offers other methods of payment like credit card payments, online bank transfers, and Net banking. It helps the retailers in maintaining the billing and revenue of the store and keeping track of the staff payrolls.

Buying Considerations

Pre-tests:

Accounting Software allows a one-month trial period to test out the software before you make the purchase. Take advantage of this to get to know your software better.

Check out the features:

Check out the features before you make the purchase. Make sure that the software provides you with the features they have guaranteed in the advertisements.

Attains to your work:

Make sure that the features you opt for are the ones that will make your work easier in the workspace. The features you set out for, must be the ones that come in handy while accounting.

Making the final decision- Choosing the right Accounting Software

Always keep the required features in mind while taking up the test period. It is at this time you will get to decide if this is the right accounting software for you. Accounting software is very useful when it comes to the world of billing and bookkeeping, but life becomes so much easier when you’re working with the right software.

Features

Typical Features

Tax Management

Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time

Spend Management

Managing the expenditure of a business in order to build its product or services

Revenue Recognition

Determining the specific conditions under which revenue is recognized or accounted for

Purchasing

Acquiring goods or services required for the business at minimal cost

Project Accounting

Creation of financial reports specifically designed to track the financial progress of projects

Payroll

Handling the salary payable to the employees

Multi-Currency

Enables payment and collection in multiple currencies.

General Ledger

Maintaining and recording all the accounting related transactions.

Fixed Asset Management

Helps in tracking fixed assets for the purposes of financial accounting, preventive maintenance, and theft deterrence.

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.

CPA Firms

Offers collaboration with a professional expert for financial and consulting services.

Collections

Recovery of cash from a business or individual.

Cash Management

Collection and management of cash.

Billing and Invoicing

This feature helps in issuing and handling the invoice and bills.

Bank Reconciliation

Matching the balances of an entity's accounting records with the corresponding information on a bank statement.

Accounts Receivable

Handling the money the client owes to the company.

Accounts Payable

Handling the money owed by a business to its suppliers.

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