Pros and Cons:
3 Reviews of Popular Cloud Accounting Software
We know accounting software.
Which software is right for your firm? Find out below.
Pros
Xero’s largest appeal to small businesses is its affordability. Along with the price point, thorough record and transaction forms, approval levels, and inventory tracking are highlights of Xero. It also provides customizable reports, online quotes, smart lists, and an updated expense tracking feature. Xero also provides exceptional online support.
Cons
Currently, payroll is not available for all states. While they provide great online support, they lack phone and chat support. Their mobile applications are also lackluster.
Our Take
Xero is a great small business accounting software for payroll, inventory tracking, and mission-critical business functions.
Pros
Quickbooks has a top-notch user interface. Expansive additions and integrations make it the most comprehensive small business accounting software.
Cons
The price is the highest of any accounting software. Their online documentation is also lacking.
Our Take
Quickbooks is über flexible and user-friendly. It is the industry standard for a reason. Unfortunately, they seem to know that.
Sage excels in inventory and project tracking. They offer automated sales tax which is a huge perk for small businesses. Sage mobile applications are also pretty good.
Cons
Sage misses out on some common features of the others on this list like time tracking, payroll and others. In addition, it also feels much slower and more dated than it’s competitors.
Our Take
Sage Cloud Accounting is a great budget option if it meets your needs, and if you can deal with its dated appearance and responsiveness.
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