1. Xero
- Founders: Rod Drury, Hamish Edwards
- Founded Year: 2006
- Headquarters: Wellington, New Zealand
- Product Categories: Accounting Software, Financial Management, Payroll Solutions
- Description: Xero is a cloud-based accounting platform designed for small and medium-sized businesses. It simplifies financial management by automating accounting tasks and streamlining workflows, offering seamless integration with thousands of apps.
- Key Features:
- Cloud-based software for easy access
- Automated bank feeds and invoicing
- Customizable dashboard
- Collaboration with team members and accountants
- Integration with 800+ apps
- Multi-currency support
- Real-time financial insights
2. FreshBooks
- Founders: Mike McDerment, Joe Sawada
- Founded Year: 2003
- Headquarters: Toronto, Canada
- Product Categories: Accounting Software, Invoicing, Payments, Time Tracking
- Description: FreshBooks is a user-friendly accounting software solution that offers tools for invoicing, expense tracking, time management, and financial reporting. It’s particularly popular among freelancers and small businesses for its simplicity and ease of use.
- Key Features:
- Easy invoicing and expense tracking
- Time tracking for projects
- Client management and CRM features
- Online payments integration
- Mobile app for on-the-go use
- Automatic billing and payment reminders
- Detailed financial reports
3. Wave
- Founders: Kirk Simpson, James Lochrie
- Founded Year: 2010
- Headquarters: Toronto, Canada
- Product Categories: Accounting Software, Payroll, Invoicing, Financial Reports
- Description: Wave offers free accounting software for small businesses, including tools for invoicing, accounting, and receipt scanning. It also provides optional paid services for payroll and credit card processing.
- Key Features:
- Free accounting, invoicing, and receipt scanning
- Payroll and payment processing (paid)
- Financial reporting tools
- Cloud-based platform
- Integration with bank accounts
- Unlimited invoicing for businesses
- Multi-currency and tax management
4. Zoho Books
- Founders: Sridhar Vembu, Tony Thomas
- Founded Year: 1996
- Headquarters: Pleasanton, California, USA
- Product Categories: Accounting Software, Invoicing, Financial Management
- Description: Zoho Books is an online accounting software designed for small businesses. It offers features like invoicing, expense tracking, project management, and financial reporting, with seamless integration with other Zoho applications.
- Key Features:
- Automated workflows and invoice creation
- Real-time financial reports
- Multi-currency support
- Client portal for payments and communication
- Bank reconciliation
- Expense and project tracking
- Integration with Zoho suite of apps
5. Sage Business Cloud Accounting
- Founders: David Goldman
- Founded Year: 1981
- Headquarters: Newcastle upon Tyne, UK
- Product Categories: Accounting Software, Payroll, Payment Processing
- Description: Sage Business Cloud Accounting provides small businesses with easy-to-use cloud accounting software. It includes essential tools like invoicing, expense management, and bank reconciliation, along with payroll and payment features.
- Key Features:
- Invoicing and expenses management
- Payroll and employee management
- Financial forecasting and budgeting
- Cloud access anywhere, anytime
- VAT tracking and tax compliance
- Multi-currency support
- Collaboration with accountants
6. Kashoo
- Founders: Jim Secord, Michael McKean
- Founded Year: 2008
- Headquarters: Vancouver, Canada
- Product Categories: Accounting Software, Invoicing, Reporting
- Description: Kashoo is a simple cloud-based accounting software that caters to small businesses and freelancers. It offers essential accounting features with a focus on ease of use and automation.
- Key Features:
- Automatic data syncing
- Invoice and expense tracking
- Tax and VAT management
- Bank reconciliation
- Multi-user collaboration
- Real-time reporting
- Receipt capture via mobile app
7. Wave Accounting
- Founders: Kirk Simpson, James Lochrie
- Founded Year: 2010
- Headquarters: Toronto, Canada
- Product Categories: Accounting Software, Invoicing, Payments, Payroll
- Description: Wave is a free accounting software platform with optional paid features. It is ideal for freelancers and small businesses, providing tools for bookkeeping, invoicing, payments, and payroll.
- Key Features:
- Free accounting, invoicing, and receipt scanning
- Payroll processing (paid feature)
- Financial reporting and dashboards
- Integrates with credit cards and bank accounts
- Multi-currency support
- Real-time transaction syncing
- No hidden fees
8. BQE Core
- Founders: Shafat Qazi
- Founded Year: 1995
- Headquarters: Los Angeles, USA
- Product Categories: Project Management, Billing Software, Accounting
- Description: BQE Core is a robust cloud-based platform that integrates accounting and project management. It is tailored for professional services firms, offering tools for time tracking, project billing, and resource management.
- Key Features:
- Integrated time and expense tracking
- Project-based billing and invoicing
- Budget and financial management
- Customizable dashboard for project tracking
- Reporting and analytics tools
- Cloud-based and mobile-enabled
- Client and vendor management
9. Intacct (Sage Intacct)
- Founders: David G. B. and Jeff Atwood
- Founded Year: 1999
- Headquarters: San Jose, California, USA
- Product Categories: Cloud Financial Management, Accounting Software, ERP
- Description: Sage Intacct is an advanced cloud financial management software solution designed for small to mid-sized businesses. It offers robust accounting, financial reporting, and ERP functionalities, with a focus on automation and compliance.
- Key Features:
- Real-time financial reporting and dashboards
- Multi-currency and multi-entity support
- Customizable workflows
- Project accounting and billing
- Integration with other business systems
- Revenue recognition and contract management
- Advanced tax reporting
10. FreeAgent
- Founders: Roan Lavery, Ed Molyneux
- Founded Year: 2007
- Headquarters: Edinburgh, Scotland
- Product Categories: Accounting Software, Invoicing, Time Tracking, Project Management
- Description: FreeAgent is an online accounting software for freelancers, small businesses, and accountants. It simplifies tax returns, invoicing, and expense management, designed to help businesses keep track of their finances easily.
- Key Features:
- Time tracking and project management
- Automated invoicing and reminders
- Simple tax calculation tools
- Bank integration for automatic transaction tracking
- Real-time reporting and insights
- Multi-currency support
- Mobile app for on-the-go access
