6 Quickbooks Alternatives to Consider

Accounting plays a pivotal role in any business. Keeping accurate records allows companies to manage their cash flow and measure their overall financial health. 

Why is this important?

Because 82% of small businesses fail due to poor cash flow management. 

You can either manually handle your financial data using spreadsheets or turn to accounting software to manage your general ledger.

With accounting software, you can manage accounts and even automate specific tasks like invoicing and bill payments, all with just a few clicks.

You may already know about QuickBooks — a leading cloud-based accounting software geared toward small to medium-sized businesses.

But is it the right choice for your business? Does it come with the features your business needs?

If not, then what are the best QuickBooks alternatives?

In this guide, we’ve put together a comprehensive resource that compiles a list of the leading QuickBooks alternatives, including everything you need to make an informed decision. 

Quickbooks Alternatives: 

Free Report: Compare the best Accounting Software Solutions with our Vendor Comparison Guide – Download Here

Introduction to Quickbooks

quickbooks logo

What the Vendor Says: “Track your finances with QuickBooks and save an average of $500 per year.”

About Quickbooks

QuickBooks is a cloud-based accounting solution that makes it easier for small to medium-sized businesses to manage routine accounting tasks.

What’s Offered by Quickbooks?

QuickBooks offers an online and on-premise version of its accounting software. A centralized dashboard enables businesses to track expenses, manage bills and create customized reports.

QuickBooks offers seamless integration with QuickBooks Online Payroll. Users can also import data from third-party sources, such as American Express and PayPal to track incoming and outgoing transactions.

Additional features include:

  • Contractor management
  • Time tracking
  • Inventory management
  • Invoicing and payment

Dashboard at a glance:

dashboard view of quickbooks dashboard view of quickbooks dashboard view of quickbooks

How Much Does Quickbooks Cost?

QuickBooks offers four pricing plans with monthly subscriptions. Each plan has a different set of features and an allotted number of users.

The Simple Start plan starts at $12 a month for one user and includes features like income tracking, invoicing and more.

The Essentials plan starts at $20 a month for up to three users and includes features like bill management, time tracking and more.

The Plus plan starts at $35 a month for up to five users and includes features project profitability tracking, inventory tracking and more.

The Advanced plan starts at $45 a month for up to 25 users and includes features like business insights, invoice batching, automated workflows and more.

Here’s a snapshot of QuickBooks’ pricing:

quickbooks pricing

There’s also a 30-day free trial for interested businesses. 

Pros and Cons of Quickbooks

Pros: Attractive user interface and customizable report templates. Bank syncing makes it easy to track income and expenses.

Cons: Inability to sync QuickBooks Online with QuickBooks Desktop. Limited reporting formats and unable to add multiple businesses.

Check out our comprehensive review of QuickBooks to learn more.

Quickbooks Alternative #1: AccountingSuite

accoutingsuite logo

What the Vendor Says: “Cloud-based accounting software to help you make smarter decisions faster with convenient retrieval of your critical business data from anywhere at anytime.”

Introduction to AccountingSuite

AccountingSuite is a cloud-based accounting solution that integrates inventory management into a single platform. The software is designed for businesses of all sizes.

What’s Offered by AccountingSuite?

AccountingSuite offers an integrated solution. Companies can purchase the required modules and add more as their needs grow. AccountingSuite connects to over 9,000 bank and credit card institutions, so companies can sync and reconcile transactions automatically with the central system.

AccountingSuite also integrates with ShipStation (a shipping software) and helps e-commerce businesses manage their inventory, sales, shipping and accounting from a single platform.

Additional key features of the software include:

  • Cloud banking
  • Accounting and reporting
  • Sales
  • Inventory management
  • Purchasing
  • Project and time tracking

Dashboard at a glance:

dashboard view of accountingsuitedashboard view of accountingsuitedashboard view of accountingsuite

How Much Does AccountingSuite Cost?

AccountingSuite offers four plans from $19 a month to $129 a month with various features.

Here’s a snapshot of AccountingSuite’s pricing:

accountingsutie pricing

Interested businesses can sign up for a free trial to test drive the software.

Pros and Cons of AccountingSuite

Pros: Cloud banking feature automatically syncs and reconciles transactions. Users note excellent customer support.

Cons: Some features may require additional training to use fully. Some users note software bugs can make it difficult to update information. 

Check out our comprehensive review of AccountingSuite for more information.

Quickbooks Alternative #2: FlexiFinancials

flexifinancials logo

What the Vendor Says: “Simplify accounting processes.”

Introduction to FlexiFianancials

FlexiFinancials is a robust financial management solution built to handle the complex accounting needs of businesses in the banking, insurance, healthcare and service industries.

What’s Offered by FlexiFinancials?

FlexiFinancials offers a full suite of accounting software solutions that can adapt to a company’s growing needs. Features like automated workflow-driven processes reduce manual data entry and improve productivity throughout the company. 

The software can be deployed on-premise, in the cloud or in a hybrid environment. Companies can purchase the entire suite of products or choose from the specific modules they need. 

There are eight core modules available:

  • FlexiLedger
  • FlexiPayables
  • FlexiReceivables
  • FlexiPurchasing
  • FlexiAssets
  • FlexiProjects
  • Flexi Financial Report Writer
  • FlexiAnalysis

Dashboard at a glance:

dashboard view of flexifinancialsdashboard view of flexifinancials dashboard view of flexifinancials

How Much Does FlexiFinancials Cost?

FlexiFinancials doesn’t publicly display pricing information on its product page. Interested businesses are encouraged to reach out directly to the company for a quote.

Pros and Cons of FlexiFinancials

Pros: Scalable design with flexible deployment options. Modular design allows companies to purchase what they need. 

Cons: FlexiFinancials targets larger companies in specific industries, so it’s not intended for small organizations. Payroll functionality isn’t available.

Be sure to check out our comprehensive review of FlexiFinancials.

Quickbooks Alternative #3: Xero

xero logo

 

What the Vendor Says: “Xero is online accounting software for your small business.”

Introduction to Xero

Xero is a cloud-based accounting solution built to help small and growing businesses efficiently manage their cash flows, account details and more.

What’s Offered by Xero?

Xero is built as a cloud-based platform that enables users to access their details from any device. Quick bank reconciliation and online invoicing make it easier for businesses to get paid faster. 

Xero integrates with over 800 third-party apps for payments, time tracking, payroll, HR and CRM. Companies can also use the platform to create purchase orders, schedule payments with their suppliers and track time and expenses on projects. 

Additional key features include:

  • Customizable accounting dashboard
  • Accounts payable
  • Bank reconciliation
  • Invoicing
  • Inventory management
  • Expenses management

Dashboard at a glance:

dashboard view of xero dashboard view of xero dashboard view of xero

How Much Does Xero Cost?

Xero offers three monthly subscription plans for its software: Starter, Standard and Premium. 

Each plan offers 24/7 support, regular product updates, a mobile app and secure SSL encryption. The main difference lies in how many invoices you can send and the number of bank transactions you can reconcile. 

Here’s a snapshot of Xero’s pricing:

xero pricing

Pros and Cons of Xero

Pros: User-friendly platform that makes invoicing and bank reconciliation easy. Accessible from any device with an internet connection.

Cons: Some users note limited reporting customization and an initial learning curve on setting everything up.

To learn more, check out Better Buys’ comprehensive review of Xero.

Quickbooks Alternative #4: Sage Intacct

sage intacct logo

What the Vendor Says: “Accounting software that lets you do more and do it better.”

Introduction to Sage Intacct

Sage Intacct is a cloud-based accounting software that automates common finance tasks and provides real-time financial insights.

What’s Offered by Sage Intacct?

Sage Intacct offers an array of modules that companies can purchase to suit their requirements. Key features include built-in reporting and dashboards, integration with different payroll and project management systems and user collaboration within the platform itself.

Core financial modules include:

  • General ledger
  • Accounts payable
  • Account receivable
  • Purchasing
  • Order management
  • Cash management
  • Reporting and dashboards
  • Collaboration

Sage Intacct also offers additional modules:

  • Multi-entity management and global consolidation
  • Project accounting
  • Time and expense management
  • Inventory management
  • Contract revenue management
  • Contract and subscription billing
  • Sales and use tax

Dashboard at a glance:

dashboard view of sage intacctdashboard view of sage intacctdashboard view of sage intacct

How Much Does Sage Intacct Cost?

Sage Intacct follows a subscription model for its accounting software, which includes product upgrades and support. Pricing information isn’t publicly displayed on the vendor’s website. Prospective clients can contact them directly for a quote.

Pros and Cons of Sage Intacct

Pros: Built-in reporting tools with BI (business intelligence) functionality. Team members can easily collaborate with each other within the platform.

Cons: Some users note that creating custom reports can be time-consuming. Additional training may be required for users to learn the software’s more robust features.

To learn more, check out this comprehensive review of Sage Intacct.

Quickbooks Alternative #5: Rydoo

rydoo logo

What the Vendor Says: “Rydoo is a mobile, cloud solution that helps you streamline your corporate travel and expense flow for more control, better insights and happier employees.”

Introduction to Rydoo

Rydoo is a cloud-based solution that allows companies to streamline and automate the expense management process with only a few clicks.

What’s Offered by Rydoo?

Rydoo offers a user-friendly interface that makes it easy for companies to automate the expense management and reimbursement process. The platform is accessible from the web and a mobile app.

Key features include mileage tracking via Google Maps, real-time access to employee spending and integration with other accounting and ERP (enterprise resource planning) solutions. Rydoo also offers a booking platform called Rydoo Travel, which allows users to book all their travel needs, such as airfare, rentals and hotels in one location.

Dashboard at a glance:

dashboard view of rydoo

dashboard view of rydoodashboard view of rydoo

How Much Does Rydoo Cost?

Rydoo offers three pricing plans. The Team plan costs $7 a month per user, and the Growth plan costs $9 a month per user. Each plan is billed annually. Rydoo also offers an Enterprise plan – prospective clients will need to reach out directly to their sales team for a quote.

Here’s a snapshot of Rydoo’s pricing:

rydoo pricing

Pros and Cons of Rydoo

Pros: Robust platform that automates the expense management process. Integrates with different ERP, HR, payroll and accounting systems.

Cons: Some users note that uploading receipts via the mobile app is cumbersome. Primarily built as an expense management platform, but it can integrate with other accounting solutions.

Check out the in-depth review of Rydoo for more information.

Quickbooks Alternative #6: Financial Edge NXT

financial edge nxt logo

What the vendor says: “Move your mission forward with Blackbaud Financial Edge NXT®.”

Introduction to Financial Edge NXT

Financial Edge NXT is a cloud-based accounting software from Blackbaud. The platform is primarily intended for nonprofit and public service organizations and aims to streamline financial processes with less manual effort.

What’s Offered by Financial Edge NXT?

Financial Edge NXT offers an accounting solution that enables nonprofits and government entities to manage their financial reports, accounts payable, fixed assets, fundraising efforts and more. The software aims to increase transparency across teams by including internal controls that can be used to prevent fraud and reduce wasteful spending.

Financial Edge NXT offers real-time reporting, so teams can make data-driven decisions. Users can closely monitor key metrics with personalized dashboards and customizable views.

Additional key features include:

  • Core accounting
  • Purchasing and expense management
  • Budget management
  • Grant management
  • Reporting and analytics

Dashboard at a glance:

dashboard view of financial egde NXTdashboard view of financial egde NXT dashboard view of financial egde NXT

How Much Does Financial Edge NXT Cost?

Blackbaud doesn’t display pricing information for its accounting software. Prospective clients can reach out directly to the vendor for a quote.

Pros and Cons of Financial Edge NXT

Pros: Robust accounting software with tons of customizable features. Integrates with other Blackbaud systems like Raiser’s Edge for fundraising.

Cons: Financial Edge NXT is primarily intended for nonprofits. Some users have noted that running some queries can take a long time. 

Check out our comprehensive review of Financial Edge NXT for more information.

Free Report: Compare the best Accounting Software Solutions with our Vendor Comparison Guide – Download Here

Conclusion

Accounting software can help businesses of all sizes keep accurate records, manage their budgets and create financial reports. 

QuickBooks is a leading accounting software solution that many companies around the world use to handle their accounting needs.

But there are other solutions available that may be a better fit for your business. If you’re looking for QuickBooks alternatives or considering upgrading from QuickBooks, Better Buys has several resources available to help you make an informed decision.

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