Accounting is a key point of business management. It allows you to have control over income, expenses and financial flows, ensuring proper functioning. Thanks to the technological advances management programs in this area are increasingly powerful, accessible and increasingly automate and simplify tasks.
Below, we present some of the most used worldwide along with the aspects that make them most interesting.
QuickBooks, developed by Intuit, is the world's leading accounting program for SMEs. It allows billing, expenses, taxes, bank reconciliation and reporting. Its cloud version, Quickbooks Online, offers secure remote access and automatic updates.
This tool is especially aimed at aFreelancers, startups and small and medium-sized enterprises (SMEs) who are looking for software that is simple to implement and manage, that has the necessary functionalities for adequate daily accounting management.
Xero It is very popular in the United Kingdom, Australia and New Zealand. It is cloud-based and stands out for its excellent usability and integration with external applications, allowing accounting information to be updated in real time.
The Xero program is mainly aimed at SMEs, accountants and advisors, and it also offers different tools that facilitate collaboration between internal teams and external consultants.
SAP S74HANA Finance is an integrated accounting and financial solution within the SAP ERP. It is a powerful, scalable tool used by large global corporations.
It is focused on large companies and multinationals, where a tool is expected to provide global control with other areas, deep integration and financial consolidation.
Oracle NetSuite ERP is an ERP that is completely cloud-based and that includes advanced accounting modules, real-time reporting and multi-company consolidation. Its cloud approach makes it easy to work in real time and remote.
It is a tool more focused on companies medium and large, who need scalable software that can be adapted to different subsidiaries and international environments.
Microsoft Dynamics 365 Finance is an accounting and financial system that is part of the Microsoft ecosystem. It integrates Business Intelligence, Power Platform and CRM, offering highly advanced analysis and automation of accounting processes.
It is also aimed at medium and large companies who are looking for a tool within the Microsoft ecosystem, facilitating collaboration with others that are also part of this system.
FreshBooks has a particular focus on billing and expense control. It is especially easy to use thanks to its simple and intuitive interface and makes it easy to manage finances without the need for advanced accounting knowledge.
It is aimed at freelancers, consultants and small agencies who don't need very complex functions and who are looking for a tool with a small learning curve.
Wave Accounting is a tool part of the H&R Block system. It is free and widely used in the United States and Canada due to its simplicity and basic but very effective features.
It is focused on self-employed and microenterprises, offering accessible and functional software for basic functions.
The tool Zoho Books is part of the Zoho ecosystem. It offers online accounting, invoicing, inventory control and automation of processes related to the financial world. Its cloud platform allows these functions to be integrated with other Zoho applications.
It is aimed at small and medium-sized businesses who are looking for a solution with which to manage their finances in an efficient manner.
When choosing accounting software, there are several fundamental aspects to consider to ensure efficiency, scalability and security:
Accounting programs are a strategic ally of any company since the task automation, improving financial accuracy and decision-making based on real-time data they make processes much easier and guarantee improved results.
The choice of the program depends on many factors to consider, but, after an internal analysis, each company will find the one that best suits their needs and specifications.
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