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Data Quadrant Awards 2021

Accounting - Midmarket


SoftwareReviews names Wave Accounting, TallyPrime, FreshBooks, and Zoho Books as Accounting - Midmarket Data Quadrant Award Winners.


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Accounting - Midmarket

Data Quadrant

Data Quadrants are proudly founded in 100% user review data and are free of traditional "magical" components such as market presence and analyst opinion, which are opaque in nature and may be influenced by vendor pressure, financial or otherwise.

The SoftwareReviews Data Quadrant evaluates and ranks products based on feedback from IT and business professionals. The placement of a software in the Data Quadrant indicates its relative ranking as well as its categorization.

Read The In-Depth Report

A thorough evaluation and ranking of all software in an individual category to compare software across every dimension.

  • user satisfaction rankings
  • |
  • vendor capability comparisons
  • |
  • business value scores
  • |
  • individual feature evaluations
  • |
  • emotional connection to products
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30+ pages

Accounting - Midmarket Data Quadrant

Note The axes ranges are dynamically adjusted based on minimum and maximum values in the dataset

Evaluate the Complete

Software Experience

When distilled down, the software experience is shaped by both the experience with the software and the relationship with the vendor. Evaluating enterprise software along these two dimensions provides a comprehensive understanding of the product and helps identify vendors that can deliver on both.

Product Features and Satisfaction

The satisfaction is captured in the overall satisfaction score, which is driven by the likelihood of users to recommend the software, combined with user satisfaction across top product features.

Vendor Experience and Capabilities

The vendor relationship is calculated in a weighted average of the satisfaction scores tied to vendor capabilities (e.g. software implementation, training, customer support, product roadmap) as well as emotional response ratings toward the vendor (e.g. trustworthy, respectful, fair).

Gold Medalists


Wave App Accounting

Wave Accounting

Wave makes it easy to be your own boss. Focus on what you love, and lean on Wave's intuitive online software to manage your financial and organizational needs. Wave Apps makes your money-related tasks easy with: • Unlimited invoicing, 100% free! • Unlimited accounting, 100% free!

9.2

Composite
Score

Composite
Score

+98

Emotional
Footprint

Emotional
Footprint

92%

Likeliness to
Recommend

Likeliness
to Recommend

Badge Winner
33Reviews

Tally Solutions Private Limited

TallyPrime

TallyPrime enables you to manage multiple companies and incrementally add features such as multiple go-downs, multi-currency, order process, cost centres etc. This helps you get rid of complexities, and in turn, focus on business growth. Tally is designed to be used by people from non-IT and non-accounts background as well. Ease of discovering information, consistent options, navigating without the need to remembering the paths and much more makes you start using TallyPrime right away.

9.0

Composite
Score

Composite
Score

+95

Emotional
Footprint

Emotional
Footprint

93%

Likeliness to
Recommend

Likeliness
to Recommend

Badge Winner
11Reviews

FreshBooks

FreshBooks

FreshBooks is changing the way business owners manage their books. Its owner-first accounting platform, loved by businesses in over 160 countries, takes an easy-to-use approach to managing finances, billing, payments, and client engagement. FreshBooks, known for its 10x Stevie award winning customer support, serves customers of all sizes from offices in Canada, Croatia, Mexico, Netherlands, and the US.

8.9

Composite
Score

Composite
Score

+94

Emotional
Footprint

Emotional
Footprint

90%

Likeliness to
Recommend

Likeliness
to Recommend

Badge Winner
65Reviews

Zoho

Zoho Books

Zoho Books is an intuitive accounting software designed for small businesses to manage their finances and to stay on top of their cash flow.

8.6

Composite
Score

Composite
Score

+93

Emotional
Footprint

Emotional
Footprint

86%

Likeliness to
Recommend

Likeliness
to Recommend

Badge Winner
49Reviews

Vendor Capability Awards


Availability and Quality of Training

Wave Accounting

Badge Winner

Breadth of Features

Wave Accounting

Badge Winner

Business Value Created

Wave Accounting

Badge Winner

Ease of Customization

Wave Accounting

Badge Winner

Ease of Data Integration

Wave Accounting

Badge Winner

Ease of IT Administration

Wave Accounting

Badge Winner

Ease of Implementation

Wave Accounting

Badge Winner

Product Strategy and Rate of Improvement

FreshBooks

Badge Winner

Quality of Features

TallyPrime

Badge Winner

Usability and Intuitiveness

Wave Accounting

Badge Winner

Vendor Support

Wave Accounting

Badge Winner

Vendor Capability Awards


Availability and Quality of Training

Wave Accounting


Breadth of Features

Wave Accounting


Business Value Created

Wave Accounting


Ease of Customization

Wave Accounting


Ease of Data Integration

Wave Accounting


Ease of IT Administration

Wave Accounting


Ease of Implementation

Wave Accounting


Product Strategy and Rate of Improvement

FreshBooks


Quality of Features

TallyPrime


Usability and Intuitiveness

Wave Accounting


Vendor Support

Wave Accounting


Other Evaluated Vendors


Xero Ltd.

Xero

Xero is a global online accounting system for small businesses and their advisors.

8.5

Composite
Score

Composite
Score

+91

Emotional
Footprint

Emotional
Footprint

83%

Likeliness to
Recommend

Likeliness
to Recommend

38Reviews

Intuit

Quickbooks Online

Freedom to work across all your devices. Access QuickBooks from PC, Mac, smartphone, and tablet.

8.4

Composite
Score

Composite
Score

+86

Emotional
Footprint

Emotional
Footprint

85%

Likeliness to
Recommend

Likeliness
to Recommend

80Reviews

Sage Group

Sage 50cloud

Sage Business Cloud will change the way you do business forever. Sage 50cloud is the perfect choice if you want the power and productivity of desktop accounting software, with the freedom and security of the cloud.

7.8

Composite
Score

Composite
Score

+75

Emotional
Footprint

Emotional
Footprint

81%

Likeliness to
Recommend

Likeliness
to Recommend

11Reviews

Accounting Seed

Accounting Seed

Accounting Seed is a full accrual accounting application powered by Salesforce. Our application tracks financial data through the entire business lifecycle; from marketing, project implementation, product sales, back office accounting, to producing financial statements designed by you. It is the complete finance solution.

7.5

Composite
Score

Composite
Score

+72

Emotional
Footprint

Emotional
Footprint

79%

Likeliness to
Recommend

Likeliness
to Recommend

88Reviews

Softrak Systems Inc.

Adagio Accounting

Adagio Accounting is an award-winning accounting system designed for small- and medium-sized businesses. Adagio enables high-volume transaction entry, provides robust financial reporting, and allows for management of large inventories of goods. For companies that find they are impacted by limitations in their entry-level accounting package.

7.5

Composite
Score

Composite
Score

+72

Emotional
Footprint

Emotional
Footprint

79%

Likeliness to
Recommend

Likeliness
to Recommend

11Reviews

Workday, Inc.

Workday Enterprise Management Cloud

Enterprise resource planning (ERP) systems come with limitations. Even cloud-based ERP can slow you down. Workday introduces a new class of solutions—the enterprise management cloud—that is faster, smarter, and more agile. So you can run at your best and deliver extraordinary results.

7.5

Composite
Score

Composite
Score

+73

Emotional
Footprint

Emotional
Footprint

77%

Likeliness to
Recommend

Likeliness
to Recommend

37Reviews

Sage Group

Sage Business Cloud Accounting

Sage Accounting makes small business easy. Now send invoices, receive payments and use our mobile app. to utilize powerful essential capabilities to drive your business.

7.4

Composite
Score

Composite
Score

+78

Emotional
Footprint

Emotional
Footprint

78%

Likeliness to
Recommend

Likeliness
to Recommend

18Reviews

Passport Software Inc

Passport Business Accounting Software

Passport Business Solutions is an integrated software solution designed to help small to medium-sized business owners save time, increase efficiency, and gain greater control over their operations and profitability.

7.4

Composite
Score

Composite
Score

+67

Emotional
Footprint

Emotional
Footprint

76%

Likeliness to
Recommend

Likeliness
to Recommend

10Reviews

For the full press release, click here. For the full list of vendors in this space, click here.

About Gold Medal Awards and Software Reports

SoftwareReviews Gold Medal Awards recognize outstanding vendors in the technology marketplace as evaluated by their users. Gold Medals are the capstone of an in-depth software evaluation report, and awarded using a proprietary, transparent methodology based on a composite satisfaction score that averages four different areas of evaluation: Net Emotional Footprint, Vendor Capabilities, Product Features, and Likeliness to Recommend. The Net Emotional Footprint Score measures user emotional response ratings of the vendor (e.g. trustworthy, respectful, fair).

Software Reports present comprehensive evaluations of software vendors on the above elements. Software buyers can use this data to make more informed, data-driven software purchasing and renewal decisions.

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