Top 15 Accounting Software Report

2018 EDITION TOP 15 ACCOUNTING SOFTWARE REPORT

Comparison of the Leading Accounting Software Vendors Overview of Accounting Software Solutions

Accounting software is a foundational technology for many companies, and as a business grows having a powerful, effective accounting solution becomes increasingly critical. Most accounting software packages offer the same basic features necessary for managing finances: accounts receivable, accounts payable, general ledger, billing and invoicing, purchase and sales orders, and reporting. Beyond basic functionality, the top accounting solutions offer additional features to give users more power, flexibility and customization. Oftentimes, accounting solutions are closely integrated with other key software solutions; most ERP solutions include an extensive accounting module, but buyers should also consider best-of- breed, standalone accounting software.

While accounting solutions have traditionally been packaged as insulated, on-premise software, many providers now offer cloud-based solutions. SaaS accounting software solutions usually include all the features of more traditional systems, with the added benefit of ‘anytime, Features & Deployment Key anywhere’ accessibility and seamless updating. SaaS solutions tend to be more cost-effective Reporting & AP/AR analytics functionality and easier to implement, and are a great option

for small businesses. Businesses in certain General Time & expense sectors with unique financial requirements, ledger management including construction and non-profit work, Invoicing & Muilti- should look for industry-specific solutions that billing currency cater to their specific needs.

Read on to browse leading accounting systems and discover which will be a great fit for your SaaS On-premise SaaS and company in our Top 10 Accounting Software platform platform on-premise Comparison report.

About Business-Software.com

Business-Software.com is your go-to source for business software reviews, expert advice, in-depth articles and product white papers to meet all of your software needs. We’re the most comprehensive online resource for buyers and vendors, catering to more than 300,000 members who trust us to connect them with the right software.

We offer exclusive comparison reports for 80+ business software segments, enabling you to efficiently research and review highly rated software products. Download our free reports to discover top business solutions for Accounting, CRM, ERP, CMS, Manufacturing, HR and more.

NetSuite ERP & FinancalForce Sage Intacct Epicor Sage 100c & Small Business Financial Management Financial Management Sage 300c

Ideal for: Ideal for: Ideal for: Ideal for: Ideal for: Smaller businesses Consolidating all Multi-entity companies Customizing chart of Companies requiring requiring an integrated departmental activities into with multiple locations. accounts to match specifc comprehensive ERP system. a single dashboard. business needs. compliance capabilities.

Business size Business size Business size Business size Business size

$$ $$$ $$$ $$$$ $

Key Features Key Features Key Features Key Features Key Features

Additional Features Additional Features Additional Features Additional Features Additional Features • Order management and • Workflow sharing and • Purchasing, cash and • Transactional and • Inventory and pricing fulfillment process approval tools order management tools analytic inquiries management • Integrated FedEx and • Customer self-service • Automated backup and • Cash and asset • Metrics graphing and UPS online shipping access to invoices and disaster recovery management tools data customization tools payment history • Project and fund • Advanced payment • Vendor management • Purchasing and • Mobile accessibility accounting processing tools inventory management

Select Customers Select Customers Select Customers Select Customers Select Customers Oakland Athletics, NC Blue Shield of California, Mozilla, Guidewire, Medex Global Group, Grandall Distributing Co, State University College, Seagate, US News & Great Books Foundation, Visioneer, InVision Benner-Nawman, Halgo CaseCentral World Report, BRG Prokarma Technologies, TruServ PEC, Etnia Barcelona

Deployment Deployment Deployment Deployment Deployment

Interested in learning more? Please click here to request additional information.

Intuit QuickBooks Unit4 Financials Oracle ERP Cloud SYSPRO ERP Infor Enterprise Financial Management

Ideal for: Ideal for: Ideal for: Ideal for: Ideal for: Companies seeking a Industries including Providing solution for Tracking activity-based Standardizing company- solution that provides business services, organizations of all sizes costing and actual costing. wide business practices access to multiple transportation and who want to thrive in the and processes. employees at one time. logistics, retail and leisure. digital community.

Business size Business size Business size Business size Business size

$ $$$ $$$$ $$$$ $$$$

Key Features Key Features Key Features Key Features Key Features

Additional Features Additional Features Additional Features Additional Features Additional Features • Industry-specific editions • Real-time financial • General Ledger and • Inventory and sales • Negotiation and contract available visibility and control analytics procurement models management tools • Purchasing and vendor • Budgeting, planning and • Payables and assets • ‘What-if’ financial data • Business exception and management forecasting tools • Receivables analysis tools anomaly identification • Sales and expense • Business intelligence • Collections • Inventory costing • Built-in workflows, alerts forecasting tools functionalities • Expenses including standard, FIFO and notifications • Cash management and LIFO

Select Customers Select Customers Select Customers Select Customers Select Customers Don Shula’s Steak Fashion Institute of Design Lloyd’s Bank, Boingo TriStar Plastic Corp, AstraZeneca, Chicago Houses, South Bay Boat and Merchandising, Maher Wireless, Payscout, Crosby Molasses, Mac Tube & Iron, World Vision, Yard, Lil’ Guys Food Terminals, IKEA, GSO Carbon, Orange Paper Inc Raymond James

Deployment Deployment Deployment Deployment Deployment

Interested in learning more? Please click here to request additional information.

FreshBooks Xero Microsoft Dynamics GP Wave Acumatica Financial Management Suite

Ideal for: Ideal for: Ideal for: Ideal for: Ideal for: Tracking client activity Tracking fixed asset Automating accounts Connecting to bank Maintaining separate and set recurring payment depreciation schedules. payable and receiveable accounts, PayPal and budgets for individual schedules. tasks. other integral data company branches. sources.

Business size Business size Business size Business size Business size

$ $ $$$ $ $$$$

Key Features Key Features Key Features Key Features Key Features

Additional Features Additional Features Additional Features Additional Features Additional Features • Automated expense • SSL encryption and • Multi-currency, multi- • Billing and invoice • Tax, deferred revenue data import capabilities SOC 1 Type II audited company and multi- reminder settings and fixed asset • Employee timesheet security features location capabilities • Automated data backup management tools management tools • Third-party integration • Production cost and functionality • Inter-company • Unbilled time tracking with existing CRM, POS work order tracking and • Customizable chart of accounting capabilities tools and payroll systems management accounts and reports • Employee self-sevice • Contact management • Self-service portal capabilities portal

Select Customers Select Customers Select Customers Select Customers Select Customers Contact vendor directly for CEP, Blue Chair Fruit Pandora, RushCard, City Contact vendor directly for Aimtec, Ixcaan, Sentio case studies. Company, Paper Tiger Havest NYC, Bancroft, case studies. Engineering, S&S Marketing LLC EMIT Technologies Activewear, AME Corp

Deployment Deployment Deployment Deployment Deployment

Interested in learning more? Please click here to request additional information.

Business-Software.com recommends that organizations looking for accounting solutions also explore related software segments. Review the following products as a supplement to your chosen solution.

Great for making more informed decisions!

Kempinski Hotels case study Select Customers Infor Dynamic Enterprise Performance Management Key Features • Financial consolidations • Single source of truth (Infor d/EPM) delivers business • Budgeting and planning • Built-in collaboration and financial performance • Strategy management • Proactive monitoring management applications with • Decisions in context support tools that allow users • Predictive analytics to centralize data, build plans • Insights on the go tailored to their business, forecast • Pre-packaged content more accurately and analyze the • Better investment decisions business more effectively.

Ideal for project-oriented managers and teams!

General Dynamics, Leidos, Woods Hole Oceanographic Institute, Select Customers Array Information Technology, iNovex Information Systems Unanet Financials is a single, integrated system for managing Key Features • Resource requesting and • Workforce collaboration projects, people and financials. management • CRM Designed for project-driven • Project budgeting and forecasting • Financials (AR, AP, GL) with organizations, Unanet Financials • Project management integrated cost pool (allocation) includes robust capabilities for • Timesheets calculations project oversight and provides • Expense reports comprehensive management of • Project accounting financials. • Billing and revenue recognition