Compare The Top Accounting Software Platforms

What Is Accounting Software?

Accounting software allows businesses to automate many key financial and bookkeeping processes, including automating accounts payable/receivable, generating reports, creating purchase orders, billing customers, managing payroll and managing customer and vendor contracts. Accounting software is an increasingly necessary investment for organizations, helping to assess business performance, manage payment orders and invoices, and enable organizations to meet legal compliance when billing and managing accounts payable (money owed to suppliers).

What Are The Key Features Of Accounting Software?

  • Accounts Payable: All accounting software should include basic accounting features, including the management of purchase orders, invoice payment and automated tax management.
  • Accounts Receivable: In addition to managing payments, accounting solutions should also make it easier for you to track and manage receiving payments from customers.
  • Banking: Accounting services should allow you to link your business bank accounts with the software to easily make direct payments and view reporting data.
  • Payroll: The best accounting solutions provide payroll management features which ease the management of employee payments, tax commitments, and more. Budgeting: Budgeting and forecasting are two of the most important features of an accounting solution with a range of reporting capabilities to support this.

Compare Accounting Software Solutions