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Showing 41 - 60 of 151 Products

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 61%
  • 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

Nimble Staffing logo
A Staff Accounting Software 5 Based on 1 Ratings
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What is Nimble Staffing and how does it work?

Nimble Staffing is an All-in-one staffing solution to manage your business operations. The software offers tools to process your timesheets, invoices, commissions, and reconciliation. Track your sales team performance and analyze all your corporations’ revenue & expenses with alerts. Generate customized reports to monitor business’s financial status in a transparent manner. Small, Medium companies 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 95%
  • Reviews 63%
  • Momentum 60%
  • Popularity 75%

Nimble Staffing Pricing

  • Free Trial Not Available
  • Nimble Staffing 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

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 61%
  • 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

M3 logo

M3

One stop solution for all your accounting and financial analysis 4.8 Based on 8 Ratings
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What is M3 and how does it work?

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.

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

  • Features 90%
  • Reviews 64%
  • Momentum 62%
  • Popularity 78%

M3 Pricing

  • Free Trial Not Available
  • M3 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

Botkeeper logo
Revolutionize the way your firm serves clients 4.4 Based on 85 Ratings
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What is Botkeeper and how does it work?

Botkeeper is an AI-powered bookkeeping software, developed to help you expand your firm by bringing in more money without the need for more staff. It cuts overhead expenses by half, allowing your company to expand 10 times faster, and delivers bank-grade security. Botkeeper uses 256-bit encryption along with various additional best-in-class security processes, such as broad permissions, biometrics, and background checks, to secure your data. It combines the expertise of expert accountants with artificial intelligence, machine learning, and robotic process automation to provide the best user experience. It enables accounting businesses to offload the day-to-day blocking and tackling of bookkeeping (classifications, reconciliations, and data input) and focus on higher-level client advising services. The platform offers tools and assistance for partners with their own personalized branding and totally automates your bookkeeping department with human-assisted AI and machine learning that has been exposed to millions of financial transactions. Additionally, you can benefit from reduced manpower and overhead expenses, improved reporting and 24/7 real-time data input, and the ability to observe and verify the health of your company's outcomes.

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

  • Features 91%
  • Reviews 73%
  • Momentum 61%
  • Popularity 80%

Botkeeper Pricing

  • Free Trial Not Available
  • Starts at $79.00. 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

Easy Accountax logo
Effortlessly manage all of the company finances 4.5 Based on 13 Ratings
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What is Easy Accountax and how does it work?

Easy Accountax is a robust business finance management software that simplifies VAT for USA businesses. It supports standard and composition tax, making team performance easy and competitive. Easy Accountax allows organizations to have more visibility on the business finances with a real-time dashboard. To save time and assist companies in managing their finances, the software also helps companies get access to instant professional invoicing techniques as per their needs. It can generate comprehensive financial reports while calculating tax and liabilities at the same time. Also, Easy Accountax comes as a complete White Label solution to help brands expand their business. A multi-currency feature within the same is capable of generating invoices and bills in various currencies, making exchange rate management less uncomplicated. Easy Accountax’s inclusive CRM functionality enables appropriate email campaigning, facilitating seamless communication between admins and clients. Apart from asset management, depreciation and comprehensive financial reports, Easy Accountax offers timely upgrades, professional online quotes and an easy corporation tax estimation facility as well.

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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 72%

Easy Accountax Pricing

  • Free Trial Available
  • Starts at $8.00.

83% 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

BuKu logo
Best Invoice and Billing Software Write a Review
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What is BuKu and how does it work?

BuKu is an accounting and business management app that provide companies with an easy and effective way to manage various business processes. Some of these processes are related to sale/purchase, cash/wallet/bank and payables/receivables. It is a simple and easy to use app that does not require users to undergo any training operations. Further, Buku keeps users updated and informed all the time with its real-time analytics. It is capable of tracking all the key insights like cash in hand, net worth, bank/wallet balance, profit and loss, today’s reminders, total payables/receivables/expenses and budget overruns. With Buku, companies can create sales invoices, manage taxes and inventory on the go. It also provides users with insightful reports that help them to make better decisions and keep their business in full control. NBFC, AMC and other finance companies can also use the app for tracking loan records and opening new accounts. Furthermore, unmatched support is provided via mobile call, email and WhatsApp chat.

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

  • Features 92%
  • Reviews 68%
  • Momentum 64%
  • Popularity 72%

BuKu Pricing

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

83% 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

Sunrise logo
Manage your accounts with utmost ease using Sunrise 4.2 Based on 169 Ratings
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What is Sunrise and how does it work?

Sunrise is a smart account and transaction management software that facilitates easy and simple finance management for businesses, individuals, and enterprises. Sunrise is used for making business transactions easier, and so does the business. Sunrise aims at automating what you can and set up interrogations that allow you to see your full financial picture at once. As the name suggests, Sunrise makes transacting brighter and safer. It reminds you of your upcoming payments, bills, etc. Its unique software offers a better way for accepting payments, streamlining billing, and managing your database. If you own a small business then you definitely understand that accounting on your own is burdensome, but at Sunrise, they make this task easier and help you manage your accounts and finances quickly with efficiency. Sunrise integrates all of your financial systems into one flow; automates your invoices to free up time; and puts financial visibility in your inbox with recurring reports. Sunrise is user-friendly, it provides 24*7 customer assistance, and also provides a trial for new users along with a variety of premium plans to choose from.

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

  • Features 92%
  • Reviews 74%
  • Momentum 60%
  • Popularity 63%

Sunrise Pricing

  • Free Trial Not Available
  • Starts at $99.00. Offers Free-forever plan.

82% 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

Roger logo
Automated Workflows for Redundant Financial Tasks Write a Review
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What is Roger and how does it work?

Roger is an automation layer for financial accounting that lives on top of the existing accounting software of users and enables them to set up automation workflows for mundane financial tasks. Users can set up simple rules that can automate functions such as purchases, vendor management, and billing cycles. The tool comes with an inbox that holds the details of all purchases. Users can simply click pictures of bills and receipts, upload them to Roger, and it will automatically scan them to send relevant data to the accounting system. Roger creates automated workflows with multi-step approvals based on variables such as amounts, vendors, and much more. Consequently, the tool can even automatically pay bills by following custom user-defined rules. Users can also connect leading apps and services with Roger, such as Slack, Dropbox, Google Drive, and Quickbooks. And all user-data is securely protected by in-built AES-256 encryption, 2-factor authentication, and fraud detection.

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

  • Features 96%
  • Reviews 60%
  • Momentum 60%
  • Popularity 69%

Roger Pricing

  • Free Trial Available
  • Starts at $19.00. Offers Custom plan.

82% 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

Halon Tax logo
Accounting and Tax Services by Professional CPAs 4.2 Based on 65 Ratings
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What is Halon Tax and how does it work?

Halon Tax offers multiple accounting & tax services including tax returns, bookkeeping review & more. The focus of the services is to minimize tax for which both business and personal returns are analyzed for deductions. Users can also connect with one of its in-house CPA's to ask questions, review returns, and for any clarifications on tax options and the strategies recommended. It's team reviews user books and looks for missing deductions and then works with users to get everything ready for tax time. Users can also rely on Halon Tax to prepare returns such as Form 1120S, Form 1065 and Form 1040. Users can receive K-1's, state tax returns, and any other form the IRS requires and once the return is finished, it can be stored in Halon's secure servers for up to 7 years. The returns can also be e-filed, and direct bank account deposit of the returns can also be ensured.

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

  • Features 91%
  • Reviews 68%
  • Momentum 65%
  • Popularity 71%

Halon Tax Pricing

  • Free Trial Not Available
  • Starts at $39.00.

82% 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

MTDsorted logo
Switch to Digital Tax Easier With Secure Accounting and Bridging Platform 5 Based on 17 Ratings
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What is MTDsorted and how does it work?

MTDsorted is an HMRC compliant accounting software that takes care of the digital tax process in a secure way. The tools are built for businesses that are looking for a new way of submitting their tax filings and returns. Users can see their submission history and add their purchases to automatically calculate their VAT return. It’s built on a secured framework with SSL enabled to give users the most secured experience. Users can use their existing software and create their VAT returns through the software. The tools provided can be used to track their sales and automatically generate tax returns. Quarterly self-assessment can be completed digitally with ease. Saving and editing returns can be done whenever needed. VAT returns can be submitted directly to HMRC without leaving the software. Users can keep using their existing software and MTDsorted as a digital link to HMRC free. Entire finance teams can be invited to the platform to make submitting tax easier.

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

  • Features 96%
  • Reviews 67%
  • Momentum 61%
  • Popularity 65%

MTDsorted Pricing

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

82% 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

QuickBooks Desktop Pro logo
An Accounting Software 4.2 Based on 677 Ratings
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What is QuickBooks Desktop Pro and how does it work?

QuickBooks Desktop Pro software is a platform used to manage transactions workflows. The software offers receipt management tools to capture receipt data, expenses and record multiple transactions. Schedule statement emails and customize payments across your customer communications. Small, Medium companies 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 96%
  • Reviews 73%
  • Momentum 60%
  • Popularity 60%

QuickBooks Desktop Pro Pricing

  • Free Trial Not Available
  • Starts at $199.99.

82% 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

Upflow logo
Follow-up invoices from Recovery to Payment 4.8 Based on 116 Ratings
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What is Upflow and how does it work?

Upflow helps to finish up with your unpaid invoices and maintain a seamless transaction and paying experience. It helps you to manage the follow-ups of the invoices starting from the process of recovery until the payment. It enhances the management of the business using a real-time view at the receivables. It has optimised billing tracking with an all-inclusive dashboard, financial indicators and average payment time alerts. It has a systematic client recovery system that defines stimulus action so that there will not be any unpaid invoice. It contains custom recovery plans that are capable of adapting stimulus channels with the involvement of good interlocuters. By using the services provided by Upflow, the customers can adopt new methods of payment to make sure the payment is done quickly and conveniently. It enables simplified payment method for customer convenience by providing diversified payment modes and automatic banking reconciliation. It is very easy to integrate the software with the environment. It keeps your existing billing and accounting tools connected with each other and successfully revolutionises the management of receivables in minutes.

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

  • Features 87%
  • Reviews 67%
  • Momentum 65%
  • Popularity 75%

Upflow Pricing

  • Free Trial Available
  • Starts at $99.00.

82% 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

Tangicloud logo
Your complete fund accounting & ERP solution Write a Review
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What is Tangicloud and how does it work?

Tangicloud Fundamentals is their organization's gateway to the Microsoft cloud, simplifying their journey towards modernization, transparency, and efficiency. As a trusted Industry Solution Vendor for Microsoft Dynamics 365 Business Central, Tangicloud brings over 20 years of experience in delivering enhancements that empower their organization to thrive in today's digital landscape. Unlock the full potential of Microsoft Dynamics 365 Business Central with Tangicloud Fundamentals. Join the countless organizations worldwide who have harnessed the power of this comprehensive solution. Transform their operations, drive growth, and achieve unparalleled efficiency with Tangicloud by their side. Tangicloud seamlessly integrates with Microsoft Dynamics 365 Business Central, enhancing its capabilities and providing a comprehensive solution tailored to their organization's unique needs. This integration allows for real-time data sharing, eliminating the need for manual data transfers and reducing the risk of errors. With Tangicloud, their organization can streamline its accounting processes by automating tasks such as accounts payable and receivable, bank reconciliations, financial reporting, and more. This not only saves time but also improves accuracy.

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

  • Features 94%
  • Reviews 60%
  • Momentum 60%
  • Popularity 65%

Tangicloud Pricing

  • Free Trial Not Available
  • Tangicloud Offers Custom plan.

82% 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

Moneypex logo
The all-in-one financing solution for your small business 4.8 Based on 6 Ratings
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What is Moneypex and how does it work?

Moneypex is an accounting software designed for small businesses that helps you to manage your business accounts in an effective and cost-efficient way. Users can create and generate unlimited invoices and even auto-create them from your photos. This GDPR Compliant platform ensures you of high-level security and is recognised by HMRC. Right from bookkeeping, invoicing, filing tax returns, generating financial and expense reports to scanning bills, this software can assist you in managing your accounts affordably and swiftly. With Moneypex, users can migrate all their accounting data from other platforms like QuickBooks, Zoho, Excel, Xero and others. You can even scan and extract all relevant data from your invoices, create professional ones and automate you invoicing procedures through OCR technology. You can set recurring invoices to save time on creating bills for your recurring customers. You can view your reports anytime from any device and even customise them according to your brand personality. By setting payment reminders, you can make sure not to miss out any deadlines. You can link your bank accounts to automate your daily imports and create accurate reports.

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

  • Features 86%
  • Reviews 72%
  • Momentum 61%
  • Popularity 77%

Moneypex Pricing

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

82% 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

Oracle EBS Financials logo
Smart and secure approach of handling finance 3.9 Based on 2701 Ratings
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What is Oracle EBS Financials and how does it work?

Oracle E-Business Suite Financials aims at increasing efficiency of your business and reducing the back-office costs. The centralized architecture for accounting, taxes, payments, and banks allows the business to increase ‘Shared Services Efficiency’. The E-Business suite also helps in saving crucial time during decision making by providing seamless integration with business intelligence and offering market-leading planning and consolidation solutions. The software also ensures to manage enterprise risk and reduce compliance costs with end-to-end processes for governance, risk, and compliance.

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

  • Features 90%
  • Reviews 76%
  • Momentum 60%
  • Popularity 62%

Oracle EBS Financials Pricing

  • Free Trial Not Available
  • Oracle EBS Financials Offers Custom plan.

82% 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

Yendo logo
All-in-one Business Management Solution 5 Based on 5 Ratings
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What is Yendo and how does it work?

Yendo is a tool used to automate professional services to optimize your business solutions. The software manages modules of Sales, Projects, Financials, Services, and Payments. Small, Medium 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 89%
  • Reviews 61%
  • Momentum 65%
  • Popularity 65%

Yendo Pricing

  • Free Trial Available
  • Starts at $29.00.

82% 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

TRAVERSE logo
All-in-one ERP System Software 4.2 Based on 18 Ratings
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What is TRAVERSE and how does it work?

Traverse is an Accounting Software and Integrated ERP for your business. Manage your cash flow, and analyze performance and trends with Dashboards. Small, Medium and Large companies 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 94%
  • Reviews 64%
  • Momentum 60%
  • Popularity 62%

TRAVERSE Pricing

  • Free Trial Available
  • TRAVERSE Offers Custom plan.

82% 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

Susan One logo
Financial accounting that meets your criteria Write a Review
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What is Susan One and how does it work?

Susan One, designed for the Philippine market, as a fast accounting software understands how important it is to stay ahead of time. This fast accounting software helps small and medium businesses to grow and innovate. Susan One ensures payrolls are calculated as per the requirements of a country. With this accounting software, companies can indulge in financial reporting and accounting. Furthermore, Susan One conducts clear and simple recording of employee working hours. It will generate the relevant reports while taking into consideration overtime and vacation rates according to the nation in which your organisation is located. From inventory management, account payable, and fixed assets to balance sheets, and accounts receivable and billing- Susan One takes care of everything. One can generate SSS, PAG-IBIG, and BIR reports in a few seconds with this accounting software. Susan One offers payroll, accounting as well as POS products for companies to grow their businesses in the competitive market.

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

  • Features 91%
  • Reviews 60%
  • Momentum 62%
  • Popularity 68%

Susan One Pricing

  • Free Trial Available
  • Starts at $41.70.

82% 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

Imprezz logo
Simplify your business operations with Imprezz Write a Review
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What is Imprezz and how does it work?

Imprezz is an advanced invoicing and billing software specially designed for Indian businesses to generate quotations, manage inventory, send invoices and comply with related accounting standards. The software helps businesses to create standardized quotations for customers, share them via eMail and get notifications on acceptance. Users can convert quotations into GST compliant invoices within a click and receive payments via an integrated payment gateway in real-time. Imprezz also helps companies with article-wise movement and delivery, besides enabling them to set automated reminders for individual stock levels as per convenience. As an accounting software, Imprezz helps out businesses with customer ledgers for a specific time period as well as their GST filing processes. For accountants can also depend on the same to keep track of customer wise payments, besides sending out automated payment reminders to pre-existing clients in an efficient manner. Moreover, Imprezz helps bands to offer multiple payment options to individual customers and share receipts via SMS, eMails, and WhatsApp as proof of payments. Large teams can also depend on the platform to facilitate seamless collaboration among related members.

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

  • Features 92%
  • Reviews 60%
  • Momentum 60%
  • Popularity 73%

Imprezz Pricing

  • Free Trial 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
ZarMoney ZarMoney 84 4.8
Nimble Staffing Nimble Staffing 84 5
TopNotepad TopNotepad 84 4.8
M3 M3 84 4.8
Botkeeper Botkeeper 84 4.4
Easy Accountax Easy Accountax 84 4.5
BuKu BuKu 83 0
Sunrise Sunrise 83 4.2
Roger Roger 82 0
Halon Tax Halon Tax 82 4.2

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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