Accounting Software Reviews

Xero is a cloud-based accounting software designed to simplify financial management for small businesses, accountants, and bookkeepers worldwide. Founded in New Zealand, Xero has grown into a global leader with over 4.2 million subscribers, trusted for its modern approach to managing finances. Packed with features like automated invoicing, real-time bank reconciliations, and seamless integration with over 21,000 financial institutions, Xero helps businesses stay on top of their numbers with ease. Its collaboration tools make it simple to connect with your accountant, while intuitive expense management, payroll powered by Gusto, and automated sales tax calculation streamline everyday tasks. With Xero, you can centralize your finances, gain valuable insights from smart reports, and focus more on growing your business—all from the comfort of your desktop or mobile app. It’s the all-in-one accounting solution for businesses that want to save time and make smarter decisions.

QuickBooks Online is a small business cloud accounting software that allows users to manage their business anywhere, anytime, and on any device. With over 7 million customers worldwide, QuickBooks provides smart tools to help save time and money. Track business income & expenses with ease, send invoices, accept online payments, manage inventory, run payroll, & more to help you make better business decisions, and take the stress out of tax time. QuickBooks is easy to use and no prior accounting knowledge is necessary. QuickBooks securely backs-up data and keeps users up-to-date with free software updates.

1-800 Bookkeeping offers bookkeeping for small to midsize businesses. The company links to your business bank account and keeps track of all transactions and calculates income/revenue and expenses and payments. 

Founded in 2004 by MIT graduate students, HubSpot is one of the leading global companies for inbound marketing and sales tools. The company offers tools and software that help companies with their inbound marketing and sales efforts, manage and optimize campaigns that attract visitors, convert leads, and close customers. These tools and platforms include a Sales Hub, a Marketing Hub, and a CRM tool. HubSpot’s CRM is one of the most popular choices for companies of various industries, thanks to its simple and easy-to-understand design, and useful features. Seamlessly integrating with HubSpot’s suite of offerings, the CRM for Accounting module extends its functionality to encompass financial data management. This integration empowers businesses to synchronize customer information, sales data, and financial transactions, providing a comprehensive view of customer interactions and financial performance. By leveraging HubSpot’s CRM for Accounting, businesses can streamline their operations, enhance collaboration between sales and finance teams, and gain valuable insights to drive informed decision-making and business growth.

Fincent is a robust tool designed to simplify financial management for small and medium-sized businesses and freelancers, catering specifically to non-accountants. With its user-friendly interface and a suite of features, including effortless and organized bookkeeping, one-click tax-ready reports, effortless invoicing, perennial tax support, and more, Fincent has gained immense popularity in just three years and serves thousands of users.

In 2019, Lilac Bar David initiated Lili, a banking enterprise specifically for freelancers – an expanding, yet inadequately served segment of the workforce. Before establishing Lili, she was the pioneering figure and the chief executive officer of Pepper, a company renowned for its forward-thinking approach in the realm of mobile banking. Lili, a digital-only bank (also known as a neo-bank), provides its banking services through the Choice Financial Group, and every account is safeguarded by the Federal Deposit Insurance Corp, with deposits insured up to a maximum of $250,000.

FreshBooks is one of the leading accounting softwares for freelancers and small businesses. The well-designed interface, myriad of brilliant features, and consumer-friendly pricing model make it a top choice among professionals in various industries. It is accounting software made for those who are not familiar with accounting.

Founded in 2011 as ZenPayRoll by Edward Kim, Joshua Reeves, and Tomer London, Gusto is a complete human resource management platform for small and medium businesses. It’s an end-to-end ecosystem that takes care of payroll and compliance, benefits administration, time tracking, and even onboarding. Together, these tools save businesses countless hours and money through automation and easier regulatory compliance. Gusto has already recently added Gusto Global, which can help SMBs hire, onboard, pay and support international employees.

HoneyBook is an online CRM designed to help businesses handle client interactions, from marketing, lead generation, and conversion to sales, project management, and invoicing. This software is ideal for start-ups, self-employed individuals, entrepreneurs, and small businesses. It provides a comprehensive but user-friendly avenue for business owners to manage their day-to-day activities. HoneyBook was founded towards the end of 2012 by Oz Alon alongside his wife, Naama Alon, and his friend, Dror Shimoni. It is a U.S.-based company with a head office in California. However, entrepreneurs and small businesses in the U.S. and Canada benefit from this software’s services.