Saturday, February 21, 2015

5 Robust Accounting Software Systems Fit For Your Business / Quickbooks, WorkFlowMax, Financial Force, FreeAgent, Kashflow

Finances Online writes: Small businesses usually start with manual accounting systems and then add programs such as QuickBooks or Microsoft Excel as their business expenses become harder to monitor. However, it is always best to plan ahead of time. Your organization’s accounting software system must be able to handle your current needs and quickly adapt to future growth.
 
Look for a robust system that can quickly grow along with your business. The system you select should well integrate with many of the business processes your businesses uses to save time and reduce data entry errors.

Data storage

When selecting a software-based accounting system, you have to make sure the system would encrypt your confidential financial information. That software system should also have the capacity to schedule backups so important information cannot be simply lost during a computer crash. Consider your organization’s physical storage needs, such as having file cabinets to lock up confidential documents and fireproof cabinets so you can have software backups. You can likewise store a copy of a recent data backup off-site that you can retrieve in case there is a catastrophic event that happened at your main office. However, you should also sure the location not too far away to get if you need to swiftly restore the information.

Reporting

Detailed accounting reports can help your managers make better informed decisions. For instance, printing a daily cash report can help you decide when to switch funds to your company checking account to handle payroll checks or even bill payments. Make sure the accounting system has the capacity to generate an entire package of financial statements including an income statement, balance sheet, cash flows statement as well as statement of owner’s equity. In addition, you may want to generate customized reports using the rich information located in your software’s database, such as cost of goods sold, inventory reports, accounts receivable aging, budget variance reports, open accounts payable for your company’s cash flow management, as well as tax reports for the CPA.

Internal Controls

For security purposes, the accounting system you should be getting should offer the choice of limiting permissions by user. The same user should not be allowed to handle deposits as well as reconcile bank accounts. If the system has the capacity to print the person’s initials or provide identification number on reports, this information can be used when auditing incorrect transactions. Your company’s supervisors should be able to have hard copies of reports to ensure the work of their employees. The organization should also have a process for checking out unusual journal entries as well as keep documentation in the accounting files.

Accuracy

The usefulness of an accounting software system would mainly depend on the data accuracy it contains. Start by getting professionals whom you trust to provide the information perfectly the first time. Do not try to save money by shortchanging your data entry personnel because you think any person can do the job correctly. Saving money by giving low wages may even cost much more in terms of accounting fees especially if you need to correct financial statements. Periodic review by your company’s supervisors can also catch various errors before they can have an effect in your company’s period-end closing numbers.
Do you have a B2B product you’d like to add to our listing?
If you are a vendor and have an interesting B2B product that hasn’t yet been listed on our review platform feel free to let us know about it. You can add your product to the listing here. Our experts will be happy to preapre a detailed review of your product free of charge. Here’s an example of accounting software review by us.
Here are five robust accounting software systems and their solutions.

1. Quickbooks Pro

Quickbooks-pro
QuickBooks Pro is established on the simplicity as well as popularity of Intuit’s QuickBooks, which is regarded as the entry-level software system for many small businesses. It brings additional features to the table, specifically by enabling business accounting to become easier by providing windows you use to track common business transactions, including invoices, check writing, and purchase orders. It integrates with a number of third-party products, scalable, and expandable.
QuickBooks Pro SmartScore and Customer Satisfaction
Our B2B experts reviewed QuickBooks Pro features, user experience, customer support and other key elements of the service. Final results as summarized by the SmartScore system gave QuickBooks Pro a score of 9.0/10 while the results provided by the Customer Satisfaction Algorithm place the overall user satisfaction rating at 98%.

2. WorkflowMax

Workflowmax
WorkflowMax is a project management solution that has been built to handle all your business management needs, which includes project tracking, invoicing, job monitoring, timesheets, reporting, and all various aspects of project management. It flaunts a seamless integration with Xero’s business software as well as systems, including Xero Accounting software.
It is a wide set of project management tools that works perfectly with companies from different industries. It has an extensive list of applications designed to boost the potential of any enterprise.
WorkflowMax SmartScore and Customer Satisfaction
Our B2B experts reviewed WorkflowMax functionalities, user experience, customer support and other key elements of the service. Final results as summarized by the SmartScore system gave WorkflowMax a score of 7.3/10 while the results provided by the Customer Satisfaction Algorithm place the overall user satisfaction rating at 100%.

3. FinancialForce Accounting

Financial Force Accounting
FinancialForce Accounting for Salesforce is quite easy to learn, use, as well as maintain. It is a simple yet powerful cloud accounting system. FinancialForce provides an an end-to-end solution that is ideal for small and large sales as well as service-oriented companies that are looking for ways to make their business operations more effective at less cost.
It has the Salesforce Accounting app, leveraging the power as well as the flexibility of the efficient Force.com cloud platform. FinancialForce Accounting also integrates with Salesforce CRM to enable your employees to work as one team.
FinancialForce Accounting SmartScore and Customer Satisfaction
Our B2B experts prepared a detailed review of FinancialForce describing its features user experience, customer support and other key elements of the service. Final results as summarized by the SmartScore system gave FinancialForce Accounting a score of 6.7/10 while the results provided by the Customer Satisfaction Algorithm place the overall user satisfaction rating at 98%.

4. FreeAgent

Freeagent
FreeAgent is a web-based accounting and financial management tool that is well suited for those thatve small businesses and with up to 10 employees. Whether you are new to the business or are already successful in your business, this system is for you.
FreeAgent was created to respond to the difficulties of handling financial matters for those with small businesses as well as freelancers. It is currently being used by over 35,000 small businesses as well as freelancers in up to 80 countries who realized the tool is an easy and efficient method to handle their books and invoicing.
All your system data is backed up a lot of times every hour to the company’s secure server.
FreeAgent SmartScore and Customer Satisfaction
Our B2B experts made a full review of FreeAgent listing its features, user experience, customer support and other key elements of the service. Final results as summarized by the SmartScore system gave FreeAgent a score of 6.7/10 while the results provided by the Customer Satisfaction Algorithm place the overall user satisfaction rating at 98%.

5. KashFlow

KashFlow
Considered the top accounting and bookkeeping software solution in the United Kingdom, this tool has been giving topnotch online accounting software platforms for small business companies since 2005.
KashFlow is a top, cloud-based, and user-friendly accounting software solution designed to help small business owners really make sense of their business accounts. However, it has options for various businesses, full of automated features and well integrated with add-ons such as DropBox, PayPal, and many more.
KashFlow clients can generate quotes quickly, produce invoices that are fully customizable invoices, balance books, and check out their expenses.
KashFlow SmartScore and Customer Satisfaction
Our B2B experts reviewed KashFlow accounting software detailing its features, user experience, customer support and other key elements of the service. Final results as summarized by the SmartScore system gave KashFlow a score of 7.0/10 while the results provided by the Customer Satisfaction Algorithm place the overall user satisfaction rating at 93%.

36 comments:

  1. Nice Article!!!!! If you have Construction Business ERP software is more important and good benefits for construction Industry.....Learn More Here

    ReplyDelete
  2. It is really great stuff. I just visited this blog today and I got a shock how beautifully content written and shared at best Quality. Thank you so much for sharing such great stuff.
    Tax Return Services in Barking

    ReplyDelete
  3. It’s really valuable for me, waiting for more new post. Keep Blogging! check out Cogxim's full information of Auto Finance Software.

    ReplyDelete
  4. Excellent article to read. feel free to visit our site. If you want an IT Company and solution provider that provides Quickbook software solution, feel free to visit us. We are QBM IT Services, aside from quickbooks, we offer also different it services, like cuztomized web-base sytem, responsive website, payroll system, networking, and we can supply computer with specs that you want to request.

    ReplyDelete
  5. View employees location software is best for a company which has employees who gives door to door service. One can view employee location using the View employee location software provided by us .Call us for more. http://smartmanager.com.qa

    ReplyDelete
  6. Excellent Post...I must thank you for this informative news....
    This is my first time go to see at here and i am really pleassant to read
    all at one place
    Packers and Movers Mumbai

    ReplyDelete
  7. When selecting an accounting software, you have to make sure the system would encrypt your confidential financial information. That software should also have the capacity to schedule backups so important information cannot be simply lost during a computer crash. Consider your organization’s physical storage needs, such as having file cabinets to lock up confidential documents and fireproof cabinets so you can have software backups.

    ReplyDelete
  8. Business-ready UBER CLONE SCRIPT to start your Ride hailing business instantly. This advanced

    Taxi booking software comes with 100% Source code. Loved by 700+ real businesses worldwide
    Car rental Software
    uber clone script
    uber clone

    ReplyDelete
  9. Our Partnership Packages are designed for tax preparers who have not obtained their own EFIN. tax business software

    ReplyDelete
  10. Thank you for this information, I hope you will share some more content.There are many invoice app with helps to generate instant invoices and track the business records.

    ReplyDelete
  11. Hey My Self Will Jonshon, You write an awesome blog on this topic. It is useful for us and clear my all concept.
    If you required a QuickBooks Customer service phone number to resolve the QuickBooks accounting error. Our QuickBooks Customer Support Team is considered one of the best across the United State of America because of the quality of our services.
    QuickBooks Customer Service Phone Number
    QuickBooks Customer Support

    ReplyDelete
  12. You are unable to work with the QuickBooks accounting software due to an error message or if you are facing any type of error code like 1328. Dial us (+1)-877-756-9341 customer support to resolve instantly. Visit: Quickbooks Error 1328

    ReplyDelete
  13. Get in touch with us at our toll-free Canon Printer Support Number to get instant and accurate technical support services for tech issues of Canon Printer.

    Canon printer toll free number

    ReplyDelete
  14. Packers and Movers Gurgaon Provide Reliable, Safe and Certified Service Provider list, Get Free ***Best Price Quotaition and Compare Charges. ???Hassle free Household Shifting Services, High Quality packing Material, Office Relocation, Car Transportaion, ###Local and Domestic Shifting Service @
    Packers And Movers Gurgaon

    ReplyDelete
  15. Anytime & from anywhere you can avail effective solutions. Need is to just call on QuickBooks Phone Number Support 1-833-780-0086. For More Visit: https://g.page/qb-support-number-hawaii

    ReplyDelete
  16. Excellent Blog. I really want to admire the quality of this post. I like the way of your presentation of ideas, views and valuable content. No doubt you are doing great work. I'll be waiting for your next post. Thanks .Keep it up!

    QuickBooks is a popular accounting software that helps in reducing paperwork and saves a lot of your time on bookkeeping.
    QuickBooks Online Support phone number
    QuickBooks Self-Employed
    QuickBooks Point Of Sale
    QuickBooks Desktop Pro
    QuickBooks Desktop Premier
    QuickBooks Desktop Enterprise
    Find a QuickBooks ProAdvisor

    ReplyDelete
  17. A very good and informative article indeed . It helps me a lot to enhance my knowledge, I really like the way the writer presented his views. I hope to see more informative and useful articles in future.polaris rzr door bags can am x3 front windshield can am x3 side mirrors umbrella bougerv

    ReplyDelete
  18. Packers and Movers Chennai Give Safe and Reliable ***Household Shifting Services in Chennai with Reasonable ###Packers and Movers Price Quotation. We Provide Household Shifting, Office Relocation, ✔✔✔Local and Domestic Transportation Services, Affordable and Reliable Shifting Service Charges @ Packers And Movers Chennai

    ReplyDelete
  19. Get Shifting/Relocation Quotation from ###Packers and Movers Delhi. Packers and Movers Delhi 100% Affordable and Reliable ***Household Shifting Services. Compare Transportation Charges and Save Time, Verified and Trusted Packers and Movers in Delhi, Cheap and Safe Local, Domestic House Shifting @ Packers And Movers Delhi

    ReplyDelete
  20. Your site is truly cool and this is an extraordinary moving article. @ Packers And Movers Chennai

    ReplyDelete
  21. Is your business looking for efficient, accurate bookkeeping services? Our proven approach and world-class service will meet all of your needs. Our main goal is to take the pressure off by providing a reliable and quick tax filing service.

    ReplyDelete
  22. This is really amazing, it is a great list of robust accounting software. I would also love to add RealBooks accounting software to this list as another robust online accounting software that is capable of handling millions of transactions along with a multitude of accounting features for small and medium enterprises to large businesses.

    ReplyDelete
  23. Amazing article. Your blog helped me to improve myself in many ways thanks for sharing this kind of wonderful informative blogs in live. I have bookmarked more article from this website. Such a nice blog you are providing ! Kindly Visit Us Packers And Movers Chennai

    ReplyDelete
  24. I am highly impressed with your study on this topic. Really very interesting blog post you have shared here. Click here for more: Bookkeeping services

    ReplyDelete
  25. This is really interesting post, You're a very skilled blogger. Also, I've shared your site in my social networks! @ Packers and Movers Ahmedabad

    ReplyDelete
  26. Thank you so much for this blog. I really got useful news. First, I appreciate you for wrote this blog for us. I got best money manage app from Timelybills App. You people also try this app.

    ReplyDelete
  27. Great information, Thank you for sharing and keep posting. I just visited this blog today and I got a shock how beautifully content written and shared at best Quality.

    salesforce consultancy

    custom salesforce development

    accounting seed salesforce
    salesforce custom development

    Self relationship in salesforce

    ReplyDelete
  28. QuickBooks Customer Service can be reached 24 hours a day, 7 days a week, 365 days a year through phone, chat or email for any questions or concerns. Quickbooks is the simplest and most user-friendly accounting software that can be used by virtually anyone. It has been in use for over 25 years and has never failed to meet expectations. The software is easy to learn and users can interface with it in no time.

    ReplyDelete