3 Best Accounting Systems Backed by User Reviews 3 Best Accounting Systems Backed by User Reviews In this guide, we’ll highlight three top-rated products from our accounting FrontRunners, using reviews from verified software users to determine the top software products in the North American market. Software Advice developed FrontRunners to help software buyers make confident purchase decisions and find the ideal solution for their organization. All accounting software FrontRunners must meet a minimum user rating with at least 20 published reviews within the past 18 months. These systems must also offer the following set of core features: a general ledger, accounts payable, accounts receivable, bank reconciliation, and financial reporting. In other words, the following systems have these five functionalities and, in many cases, an abundance of additional features. Here’s what we’ll cover: 1. Denali Business 2. Manager 3. TopNotepad Next Steps 3 Best Accounting Systems Backed by User Reviews | Learn more at softwareadvice.com 2 1. Denali Business Product overview: Denali Business (rated third in FrontRunners) is a full-service accounting solution for small businesses, available either on-premise or through the cloud. Users can customize any of its 10 integrated modules, making it one of the more flexible pieces of software on the accounting market. In addition to its core functionality, Denali also features a variety of add-ons, including advanced analytics, inventory management, and time tracking. Pricing: Denali doesn’t publish specific pricing data on its website, but will put together a quote based on your specific needs. Other features include: • User rights for individuals • Unlimited accounts • Customizable and specialized reporting • Freedom to add or subtract modules • 5-year fiscal calendar • Secure audit trail 3 Best Accounting Systems Backed by User Reviews | Learn more at softwareadvice.com 3 2. Manager Product overview: This cloud-based accounting solution—which took top billing in FrontRunners—offers both a feature-limited free version and a feature-rich paid option. Users who opt for the latter can access Manager via any device with a web browser, including tablets and smartphones. There’s also an on-premise deployment option, available after a single payment with no monthly fees. The lengthy features list includes what you’d expect from such a decorated piece of software— everything from balance sheets and profit and expense claims to custom fields and email templates. It’s a versatile, robust system suitable for all types of businesses. Pricing: Manager’s cloud option costs $39 per month or $390 per year, and the on-premise option is available for a single payment of $390. The free version is, well, free. Other features include: • Unlimited businesses, users, and data storage • Stock and inventory management • Time and service billing • Remittance advice letters • Departmental accounting • Customizable invoices 3 Best Accounting Systems Backed by User Reviews | Learn more at softwareadvice.com 4 3. TopNotepad Product overview: The second highest-rated FrontRunner (and the highest among small vendors), TopNotepad is a simple yet intuitive accounting solution for small businesses. The cloud-based system features a clean user interface and a boatload of tools. Whether you’re creating invoices or managing expenses, TopNotepad’s straightforward approach to accounting makes more tedious processes seem effortless. But the benefits don’t end there— users have access to advanced functionality and insights, whether it’s linking expenses to invoices or digging deep into dashboard data. Pricing: TopNotepad offers monthly and yearly plans, and pricing varies based on the number of users and amount of storage desired. Users can sign up for free, but must subscribe after setting up the first four clients, invoices, or estimates in the system. Other features include: • Automatic quote/estimate generation and invoice conversion • Payment reminders • Export data as PDF or Excel files • Tax reporting • Attach documents to invoices • PayPal and Stripe integration 3 Best Accounting Systems Backed by User Reviews | Learn more at softwareadvice.com 5 Next steps After evaluating what these vendors have to offer, you should have a good idea of what you’re looking for in an accounting system. But if you’re overwhelmed or intimidated by the number of and variance between software types and vendors, take a deep breath and find solace in knowing there are things you can do right now to set your search in motion. Define your functionality requirements Before you even evaluate any vendors, put together a list of must-have and nice-to-have features. Then, use this criteria to shorten your list. Be sure to get input from your business leaders and accounting department heads to address your most important business needs and challenges. Read our vendor evaluation guide With your functionality wishlist in tow, start assessing which vendors best meet your criteria and address your business needs. But don’t do so before reading this Ultimate Software Vendor Evaluation Guide, which takes a market-agnostic look at important characteristics to evaluate, pricing models, and more. Give us a call If you need help choosing a specific accounting system, our advisors are here for you. Advisors provide free, fast, and personalized software recommendations, helping companies of all sizes find products that meet their business needs.Schedule an appointment with an advisor here. 3 Best Accounting Systems Backed by User Reviews | Learn more at softwareadvice.com 6.