Accounting - Small Business Software

Accounting - Small Business

What is Accounting - Small Business Software?

Accounting software automates finance management processes, ensuring the accuracy of financial transactions and facilitating reconciliation. Successful accounting software deployments will enable better cash flow management, streamlined invoicing, more effective cost management, and easier compliance and audit reporting. Finance, accounting, and IT professionals will evaluate accounting solutions that ensure support for accounting practices, reporting regulations, and currencies within all required countries. The best accounting software implementations provide enhanced business capabilities to core financial operations. Examples include quote to cash process support that improves profitability, flexible pricing that increases sales win rates, and integrated analytics to increase company financial health.

Data collected from reviewers in: organizations with 1 - 10 Employees​ and organizations with 11 - 500 Employees​.

Common Features

  • General Ledger Chart of Accounts
  • Accounts Receivable Invoicing
  • Accounts Payable Purchase Orders
  • Dashboards, Analytics and Reporting
  • Cash Flow Management
  • Expense Management
  • Budgeting Forecasting
  • Reconciliation
  • Cost Revenue Tracking
  • Integration APIs
  • Project Accounting

Top Accounting - Small Business Software

2023 Data Quadrant Awards

2024 Emotional Footprint Awards

At SoftwareReviews, we take pride in recognizing excellence. Each year, we present the Data Quadrant Awards to top-performing software products based solely on authentic user reviews, without any paid placements or analyst opinions. These awards highlight software products that excel in terms of features, vendor capabilities, and customer relationships, earning them the highest overall rankings.

At SoftwareReviews, we take pride in recognizing excellence. Each year, we present the Emotional Footprint Awards to top-performing software products based solely on authentic user reviews, without any paid placements or analyst opinions. These awards shine a spotlight on software vendors who excel in crafting and nurturing strong customer relationships.

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Products: 10
Next Award: Dec 2024

Top Accounting - Small Business Software 2024

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Xero Inc

Xero

Composite Score
8.6 /10
CX Score
8.8 /10

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

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Pros

  • Reliable
  • Saves Time
  • Respectful
  • Trustworthy
Badge Winner
Badge Winner
Composite Score
8.3 /10
CX Score
8.5 /10

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!

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Pros

  • Helps Innovate
  • Continually Improving Product
  • Reliable
  • Performance Enhancing
Badge Winner
Badge Winner
Tally Solutions

TallyPrime

Composite Score
8.3 /10
CX Score
8.5 /10

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.

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Pros

  • Efficient Service
  • Inspires Innovation
  • Respectful
  • Fair
Badge Winner
Badge Winner
Composite Score
8.3 /10
CX Score
8.5 /10

Zoho Books is a powerful financial platform designed to help businesses streamline their finances, automate business workflows, and help them securely collaborate with accountants online. It simplifies day-to-day business transactions, provides real-time financial reporting and ensures compliance with local tax laws. With its intuitive UI and fully functional mobile apps, Zoho Books will help businesses grow faster, smarter and scale more efficiently.

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Pros

  • Transparent
  • Respectful
  • Trustworthy
  • Fair
Badge Winner
Badge Winner
Composite Score
8.2 /10
CX Score
8.2 /10

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

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Pros

  • Reliable
  • Performance Enhancing
  • Enables Productivity
  • Transparent
Badge Winner
FreshBooks

FreshBooks

Composite Score
8.1 /10
CX Score
8.3 /10

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.

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Pros

  • Respectful
  • Performance Enhancing
  • Effective Service
  • Saves Time
Badge Winner
Badge Winner
Composite Score
7.5 /10
CX Score
7.7 /10

SAP Business One is a world class award winning business management software product created by the German multinational software corporation SAP SE. It allows small and medium sized companies to automate their sales, purchase, financial, CRM, banking, production and service processes, including project and resource management. All the areas are tightly integrated and easy to use, complemented by deep industry solution capability from SAP partners and leveraging the revolutionary SAP HANA database as an in-memory platform for users to be competitive and innovative in the digital economy.

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Pros

  • Continually Improving Product
  • Reliable
  • Performance Enhancing
  • Enables Productivity
Badge Winner
Composite Score
6.7 /10
CX Score
6.8 /10

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.

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Pros

  • Respectful
  • Client's Interest First
  • Transparent
  • Acts with Integrity

Cons

  • Slower Product Innovation
  • Less Inspiring

Products below are ineligible for awards due to insufficient recent reviews

Composite Score
8.5 /10
CX Score
8.5 /10

TrulySmall Accounting is ideal for owner-operators, contractors, freelancers, digital professionals, and any truly small businesses.

Pros

  • Helps Innovate
  • Continually Improving Product
  • Reliable
  • Performance Enhancing
AccountingSuite

AccountingSuite

Composite Score
8.3 /10
CX Score
8.0 /10

AccountingSuite is a powerful, all-in-one business application for accounting, cloud banking, order management, inventory management, project and time tracking into one cloud-driven platform.

Pros

  • Helps Innovate
  • Continually Improving Product
  • Reliable
  • Performance Enhancing