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Showing 121 - 140 of 151 Products

76% 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

Denali Business logo
Seamless bookkeeping and accounting Write a Review
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What is Denali Business and how does it work?

Denali Business is a powerful accounting solution designed to meet the needs of small to mid-sized businesses. It offers advanced accounting and reporting features, allowing users to easily manage their books and accounts. The interface is intuitive and user-friendly, enabling businesses to quickly and easily navigate the system. Additionally, Denali can be scaled up or down depending on the needs of the business, giving users the flexibility to choose the right modules for their needs. Furthermore, businesses can generate custom reports for unique analyses, helping to maximize the value of their data. Denali Business is the perfect accounting solution for small to mid-sized businesses looking for a comprehensive system with advanced features and scalability.

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

  • Features 81%
  • Reviews 60%
  • Momentum 61%
  • Popularity 62%

Denali Business Pricing

  • Free Trial Not Available
  • Denali Business Offers Custom plan.

76% 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

ReconArt logo
Easy to adopt and grows with your business 3.5 Based on 4 Ratings
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What is ReconArt and how does it work?

ReconArt is a single-solution technology company providing a modern, enterprise-class, fully web-based reconciliation platform to a diverse, global client base of all industries and sizes. ReconArt’s integrated functionality supports all aspects of the reconciliation lifecycle. ReconArt was built from the ground up with scalability in mind. This is both in terms of the user base, accounts, and data & reconciliation volumes as well as underpinning technology. The matching engine provided in ReconArt’s solution is a critical tool in reconciliation productivity and accuracy.

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

  • Features 70%
  • Reviews 60%
  • Momentum 69%
  • Popularity 78%

ReconArt Pricing

  • Free Trial Not Available
  • Starts at $1500.00. Offers Custom plan.

76% 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

TimePay logo
Manage your accounts easily with TimePay Write a Review
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What is TimePay and how does it work?

Timepay is an advanced accounting software ideally suited to medium and small-size businesses for maintaining and monitoring their finances and accounts efficiently to promote growth and lessen the workload. It enables the users to maintain their finance and money with their customers along with monitoring various operations related to their account management. TimePay is a smart platform that facilitates sending of automatic reminders before the due date to your clients via SMS or email to prevent them from overrunning the deadlines. It assists you in generating reports for analyzing, forecasting, and measuring the team performance of your employees. Users can handle account receivables, which is the money that the customer owes to the company very easily with this software. Users can additionally manage and track their taxes, cash, and collections with TimePay. Users can also generate and manage their bills and invoices using TimePay. It is a smart solution that can be integrated with Tally, Quickbooks, and more to increase efficiency. They offer a free trial version to test and try their features along with a wide variety of premium plans that are affordable and fit every type of requirement.

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

  • Features 79%
  • Reviews 60%
  • Momentum 61%
  • Popularity 69%

TimePay Pricing

  • Free Trial Available

76% 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

Seamless logo
Solution for multiple asset classes, currencies and fee structures Write a Review
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What is Seamless and how does it work?

Seamless is an invaluable asset to fund managers around the world. The proprietary software is designed by experienced industry veterans with countless man-hours put into minimizing any overhead risks, cost optimizations, and systematic errors. At Seamless we focus on two core principles: automation and accessibility. Their platform automates many aspects of the fund administration process, reducing manual input errors whilst also streamlining customer experience. Managers can easily view their portfolios with real-time updates on investor balances, P&L, exposure reports, and more via a secure web browser. Furthermore, we offer a built-in portal for investors to gain a better understanding of their resources. From viewing balances to tearsheets; allowing clients greater access than ever before over multiple asset classes with varying currencies as well as any fund structure imaginable. Seamless offers each of these services in one simple package that works across and beyond industry boundaries ensuring efficiency for our customers is never hindered due to worry about compatibility or errors in operation over multiple platforms or configurations.

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

  • Features 80%
  • Reviews 60%
  • Momentum 61%
  • Popularity 64%

Seamless Pricing

  • Free Trial Not Available
  • Seamless Offers Custom plan.

76% 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

UA Business Software logo
Accounting and ERP Software Write a Review
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What is UA Business Software and how does it work?

Business Accounting in the cloud, UA Business Software is a complete accounting system. UA Human Resources handles all aspects of managing your most valuable assets your people. UA Wholesale Distribution module is a complete inventory control system. Manage multiple warehouses, stock, reorder levels, valuations, pricing, physical counts. UA Maintenance module allows you to track maintenance of assets, tools, and machinery you own, or for which you perform maintenance as a service to others.

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

  • Features 81%
  • Reviews 60%
  • Momentum 61%
  • Popularity 64%

UA Business Software Pricing

  • Free Trial Not Available
  • UA Business Software Offers Custom plan.

76% 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

Anrok logo
The leading sales tax platform for SaaS companies Write a Review
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What is Anrok and how does it work?

Anrok automates the entire process of sales tax compliance, making it easier for SaaS businesses to scale quickly and efficiently. They synchronize financial platform to track the nexus of remote hiring and sales, and accurately match products and services to their respective tax categories. They take away the burden of monitoring and calculation, and handle all registration, filing, and payment for user. As a result, can rest assured that sales tax compliance is taken care of, and business can grow in any market without worrying about tax-related complications.

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

  • Features 73%
  • Reviews 60%
  • Momentum 65%
  • Popularity 71%

Anrok Pricing

  • Free Trial Not Available
  • Starts at $400.00. Offers Free-forever and Custom plan.

76% 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

accurants logo
Running a business is hard work 4.8 Based on 12 Ratings
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What is accurants and how does it work?

Introducing accurants the ultimate business platform for small to medium-sized businesses! With accurants, all the features users need to make their business run smoothly come together in one seamlessly integrated platform. This innovative software platform and services allow users to manage their business efficiently and cost-effectively, without the need for separate software packages or integrations. This scalability means users can start small and grow their business without worrying about sacrificing performance or features. This affordability guarantees their wallet won’t be stretched too thin. Plus, their software is completely customizable so users can design the perfect interface for their unique business needs. Say goodbye to stress and complexity and start optimizing their business with accurants! With their platform and services, streamlined operations will be just the beginning of their success. Invest in accurants and watch their business thrive anytime, anywhere, and from any device!

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

  • Features 77%
  • Reviews 60%
  • Momentum 61%
  • Popularity 68%

accurants Pricing

  • Free Trial Available
  • Starts at $15.00. Offers Free-forever plan.

75% 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

ZipBooks logo
Transforming Economy and Bringing Transparency 4.8 Based on 76 Ratings
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What is ZipBooks and how does it work?

ZipBooks is an emerging cloud based accounting & inventory management solution which provides its end users a real time visibility of the finance, sales, purchase and inventory in simple and secure manner. ZipBooks in a simple way can be described as online, safe, backed-up and up to date solution for small and medium businesses.

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

  • Features 72%
  • Reviews 70%
  • Momentum 60%
  • Popularity 70%

ZipBooks Pricing

  • Free Trial Not Available
  • Starts at $69.69.

75% 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

Skyclerk logo
Accounting And Bookkeeping for freelancers Write a Review
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What is Skyclerk and how does it work?

Skyclerk will change the way you look at bookkeeping and accounting forever. Upon login, all you need is one quick glance to know how well your business is doing. Keep track of how much you are making right on your ledger dashboard. Keep the tax man happy by attaching a copy of every receipt. Share your Skyclerk account with as many people as you would like for no extra charge. Add bookkeepers, employees, and business partners. The ability to generate graphs of your entire financials with just a few clicks is priceless. That’s why they have dedicated an entire section to it.

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

  • Features 72%
  • Reviews 63%
  • Momentum 62%
  • Popularity 69%

Skyclerk Pricing

  • Free Trial Available
  • Starts at $5.00.

75% 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

easybook.io logo
A simple bookkeeping software for your business Write a Review
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What is easybook.io and how does it work?

easybook.io is a cloud accounting solution for managing accounting activities. It allows you to create professional invoices, recurring invoices, total billing, replication of previous accounts, and stock items. The bookkeeping software enables you to manage cash flow with visual data display and optimize your sales process in addition to Follow-up of the development of the activities via your dashboard. The application is compatible with desktops, and smartphones, as well as freelancers, can make use of it. With this accounting software, you can create professional invoice accounts in seconds and send them directly to customers. It helps users to reduce repetitive data entry and accelerate your invoicing such as recurring billing, total billing, previous bill replication, and stock items. You can even create and send invoices directly from your phone or tablet when you finish the job.

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

  • Features 76%
  • Reviews 60%
  • Momentum 61%
  • Popularity 66%

easybook.io Pricing

  • Free Trial Available
  • Starts at $1.02.

74% 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

HappyAR logo
Collect invoices faster with HappyAR 5 Based on 11 Ratings
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What is HappyAR and how does it work?

HappyAR helps companies get their invoices paid faster. It provides a smarter way to collect invoices that includes better visibility for the team, promises integration with the most adequate accounting and ERP platforms, besides automating workflows. Companies of all sizes use this platform. Business owners who have launched and operated professional service providing companies in the past, now take the help of HappyAR to boost performance. It eliminates the guesswork by providing better visibility across different communication channels. Furthermore, HappyAR helps configure proven workflows and can copy, activate and move the company’s attention to higher-value initiatives. Not only can this platform be used to boost the performance of the finance department but also can be used to set visibility access to sales and executive teams. Company owners, sales teams, members within the finance team and outsourced accounting professionals can rely on the same with their day to day tasks. HappyAR also offers powerful analytics and guidance alongside audit trail protection.

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

  • Features 74%
  • Reviews 60%
  • Momentum 62%
  • Popularity 68%

HappyAR Pricing

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

74% 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

Chipax logo
Finances under control for your company Write a Review
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What is Chipax and how does it work?

All the information of your business, Banco + SII in the same place. All the control and vision you need in real time, without payroll and without errors. Chipax thinking of you, so that you have control and vision with indicators that serve you. The accountant will have all the info ordered and on time.

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

  • Features 76%
  • Reviews 60%
  • Momentum 61%
  • Popularity 73%

Chipax Pricing

  • Free Trial Not Available

74% 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

Softera.bankfeed logo
Payment Management Solution Software Write a Review
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What is Softera.bankfeed and how does it work?

Softera.Bankfeed is an innovative software tool designed to save businesses time and energy while preventing mistakes. The customer can count on Softera.Bankfeed to provide reliable and accurate automated import of bank statements and reconciliation of payments. This helps streamline and automate the financial data for professionals, improving the accuracy and efficiency of payments. Softera.Bankfeed makes light work of a laborious and time-consuming process; all have to do is set up the software and can say goodbye to the tedious manual task of reconciling payments. The customer can get a real-time overview of the company's financial position, helping to make better decisions, quicker. The software also offers user-friendly navigation and a highly secure platform for businesses to better manage their finances.

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

  • Features 79%
  • Reviews 60%
  • Momentum 60%
  • Popularity 61%

Softera.bankfeed Pricing

  • Free Trial Not Available
  • Softera.bankfeed Offers Custom plan.

74% 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

ConnectBooks logo
eCommerce accounting software Write a Review
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What is ConnectBooks and how does it work?

Introducing ConnectBooks the ultimate solution for their accounting and inventory management needs. Say goodbye to the hours spent manually checking every line of their books, and hello to perfect reconciliation to the penny. With ConnectBooks, every transaction, fee, return, adjustment, expense, and loss is captured with precision and accuracy in just one click. So they can rest easy knowing their books are absolutely error-free. But ConnectBooks is more than just a bookkeeping tool - it's a comprehensive platform that gives they real-time insights into their financials. With this instant updates, they can see their profits as they happen and make well-informed decisions, without having to wait for monthly or yearly reports. ConnectBooks provides they with a third-party perspective, giving they a clear understanding of their numbers and helping they manage their business like a true professional. And that's not all this stock forecast and reorder alerts ensure that they're always on top of their inventory. No more overstocking or understocking, no more missed sales opportunities, just a streamlined inventory management process. With ConnectBooks, they can track every sale, bundle, kit, variation, return, and even lost or unsellable items - all in real-time. So why wait? Close their books in just a few clicks, and gain instant clarity on their gross and net profit, orders, units sold, ad spend, fees, returns, margins, and ROI. With ConnectBooks, they'll have a complete overview of what they're making and where, empowering they to make strategic business decisions and achieve even greater success. Don't just take this word for it - try ConnectBooks today and see the difference it can make for their business.

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

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

ConnectBooks Pricing

  • Free Trial Available
  • Starts at $14.0.

74% 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

Sturppy logo
Redefining Accounting Technology 5 Based on 2 Ratings
Lifetime Deal 🚀 + Add to Compare

What is Sturppy and how does it work?

Sturppy is an advanced accounting software using which you can replace unsteady spreadsheets and templates with a modern software platform that's simple to use and precise.Spreadsheet templates become obsolete as soon as they are published. Sturppy is consistently adding new features, updating benchmark data, and giving Live support.Its vast list of features includes – 24/7 live support, their team of experts are always available to answer questions and resolve any issues via live-chat. You can create down-side and upside-scenarios for your work models with a single click and customize them individually using their scenario planning feature. You can add your company logo, practise your pitch with actual questions from top VCs, and share your concept with investors in one click.One of its most beneficial features is Sturppy has a variety of charts and visualisations, and the great majority of them can be customised to offer the information you need in the style you want. The navigation and modification principles are the same throughout the board.You can generate gorgeous charts and visualisations without any prior finance or accounting training.

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

  • Features 67%
  • Reviews 60%
  • Momentum 65%
  • Popularity 71%

Sturppy Pricing

  • Free Trial Available
  • Starts at $15.00. Offers Custom plan.

74% 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

FuelGauge logo
Cash Forecasting Software Write a Review
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What is FuelGauge and how does it work?

FuelGauge is a cloud-based cash flow projection software that puts your past, present and future revenues and expenses at your fingertips, giving you 24/7 online, on-the-go access to revenue forecasting and project capacity planning. FuelGauge gives you the insight you need to make key business decisions whenever and wherever you are. Set monthly financial goals and measure your billing progress with a simple visual meter your whole team can understand. FuelGauge simplifies project adjustments with drag-and-drop simplicity, helping you maintain peace of mind.

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

  • Features 71%
  • Reviews 60%
  • Momentum 62%
  • Popularity 68%

FuelGauge Pricing

  • Free Trial Available
  • Starts at $49.00.

74% 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

ProfitBoard logo
A complete suite for accounting software Write a Review
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What is ProfitBoard and how does it work?

SlickAccount's ProfitBoard is a complete tool for Accounting software. It lets you analyze your marketing performance to enhance the simple cash flow level for small business. Receive notifications to manage and monitor all your budgets, expenses, and annual incomes. The software is used by entrepreneurs, designers, and developers of small businesses.

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

  • Features 74%
  • Reviews 60%
  • Momentum 60%
  • Popularity 72%

ProfitBoard Pricing

  • Free Trial Available
  • Starts at $1.40.

73% 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

Accountza logo
Invoicing made easy Write a Review
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What is Accountza and how does it work?

Accountza is a powerful invoicing tool built specifically for small businesses, freelancers, and startups. It makes invoicing quick and easy by saving products and services so you never have to remember how much you charged. Accountza puts your business on auto-pilot with recurring invoice templates and sends your invoices on time, every time! It also gives your customers a way to approve estimates that automatically turn into invoices, making your work-flow automated and professional. There is no need for double-entry or expensive mistakes. Estimates are perfectly copied into invoices with one click.

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

  • Features 75%
  • Reviews 60%
  • Momentum 61%
  • Popularity 61%

Accountza Pricing

  • Free Trial Not Available
  • Accountza Offers Custom plan.

73% 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

Reserved.ai logo
AI-Based Tool to Optimize Amazon Web Services Costs Write a Review
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What is Reserved.ai and how does it work?

Reserved.ai is an Artificial Intelligence-based program designed to optimize users' AWS costs. Reserved.ai is said to reduce the AWS costs by up to 35% apart from the finance teams' manual efforts. All the users need to do is link each segment's net pricing for once with its infrastructure, and the rest is managed by the tool. It helps users track AWS costs and control, plan, and forecast them in advance. Reserved can be easily installed on an organization's AWS with the help of its wizard. Once installed, reserved starts monitoring the cloud usage in the background and making necessary changes to generate AWS savings. All this is done without any impact on the running infrastructure. Reserved.ai assumes a third-party IAM role in the account with read-only access to the organization's AWS. The program does not need any kind of access to underlying data or infrastructure in the organization to run effectively.

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

  • Features 71%
  • Reviews 60%
  • Momentum 60%
  • Popularity 68%

Reserved.ai Pricing

  • Free Trial Not Available
  • Reserved.ai Offers Custom plan.

73% 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

Emagia Credit Automation logo
Simplified credit automation management software Write a Review
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What is Emagia Credit Automation and how does it work?

With an end-to-end digital credit process, Emagia's AI-powered Credit Automation is a smart solution that gives businesses more leverage. Businesses can automate credit judgments and quicken customer onboarding by using the technology. The standard B2B credit process' delays are reduced by the AI solution. With the most recent credit bureau reports and credit scoring, businesses can utilize it to check their customers' credit profiles in real-time and expedite the credit application process. The company's credit departments may execute any task relating to credit on a single workbench thanks to this cloud-based solution's seamless integration with top ERP and other enterprise systems. With Emagia AI-powered B2B Credit Automation, you may overcome a variety of challenges, like checking the credit profiles of clients, lowering bad debts, speeding up order processing, continuously analyzing your business risk, and automating credit decisions. Emagia's Credit Automation solution assists businesses in managing their credit by giving them a better understanding of client payment patterns, boosting steady revenue, and reducing the risk associated with accounts receivable (AR). The AI-powered system offers a real-time 360-degree view of consumers and information about their credit risk.

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

  • Features 73%
  • Reviews 60%
  • Momentum 60%
  • Popularity 62%

Emagia Credit Automation Pricing

  • Free Trial Not Available
  • Emagia Credit Automation Offers Custom plan.

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
Denali Business Denali Business 76 0
ReconArt ReconArt 76 3.5
TimePay TimePay 76 0
Seamless Seamless 76 0
UA Business Software UA Business Software 76 0
Anrok Anrok 76 0
accurants accurants 76 4.8
ZipBooks ZipBooks 75 4.8
Skyclerk Skyclerk 75 0
easybook.io easybook.io 75 0

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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