Run an Accounting Company? These are the Best Business Software Options for You

Photo by Mario Gogh on Unsplash
4 years ago

These are our top recommendations for the best business software services for Accounting firms. Using effective software can streamline your business, so don’t hesitate to take a look below.


This product was recommended by Erico Franco from Agencia de Marketing Digital

Quickbooks is the leading accounting software for any kind of businesses. You have instant access to customer, supplier and employee information. It also has an online version that integrates very well with your online store like Shopify so you can manage your store finances. You can evaluate it for free for 30 days.


This product was recommended by Mathias Mikkelsen from Memory

Timely automatically tracks all your accounting work in the background, producing an infallible record of all client time. It allows you to work naturally – moving between clients without the hassle of manual timers – and ensures everyone is billed accurately. It’s the easiest way to get paid for all your work and streamline your own bookkeeping.


This product was recommended by Ian Wright from N/A

Xero makes accounting really easy and simple. It’s fast to load and UX is great which makes it easy to navigate. It also syncs with your bank account saving you time. Finally, you can use Zapier and Xero to automate workflows. Only problem is that it’s not the cheapest solution, especially if you have have customers paying in different currencies. That said given the value you get it’s been a no-brainer.

Fresh Books

This product was recommended by Ali Rizvi from Dream Superhero

The all-new FreshBooks is accounting software that makes running your small business easy, fast and secure.

Sage Intacct

This product was recommended by Shelley Stevens from Beyond Pennies

I recommend Sage Intacct, a cloud-based accounting and reporting software. I’ve installed Sage Intacct at 3 companies I’ve worked for because its the most flexible, user-friendly accounting software I’ve used.

Bench Accounting

This product was recommended by Ben Sibley from Compete Themes

For the first five years of running my business, I did all my own bookkeeping. It was a Saturday morning ritual for me that often resulted in a lot of stress and confusion. I honestly don’t know why I kept at it for so long. After some expensive mistakes, I accepted the reality that I am not a professional accountant and I signed up for Bench. Now all of my bookkeeping is handled for me and I can have complete confidence in my reports. I would recommend Bench to any other business owners who want to save time and hand off their accounting to a team of professionals instead of doing it all on their own.


This product was recommended by Jessica Rose from Copper H2O

We are a 100% female run e-commerce social enterprise in the health and wellness industry. We have tested many different accounting systems over the years. One of our favorites is Bkper, which is a free service and based on your Google GSuite account. It has a surprisingly significant number of features for a free tool, and we think its interface is very clean and intuitive. It permits you to submit electronic copies of your records, such as receipts and invoices, which can then be attached to the data entered into the system. It also has a handy function which automatically scans submitted documents and fills in as much of the record data as it can (i.e. price). This is a great option for those online businesses starting out that want to keep their costs to a minimum.

Pabbly Subscription

This product was recommended by Zhen Tang from AILaw.Inc

Pabbly subscription is a cloud-based accounting solution that caters to small and medium-sized businesses. It is the Cheapest software which offers both Subscription Billing & Payment Analytics features under a single dashboard. Pabbly helps users to automate and manage their subscription billing tasks as accepting one-time and recurring payments creating and sending invoices. The good thing about Pabbly Subscription Billing is that it is the only software that does not charge any extra fees on the basis of per transaction.


This product was recommended by Ilya Radzinsky from TaxDome

TaxDome is the top rated Tax Practice Management software on Capterra offering all-in-one solution for tax and accounting professionals to manage their business, including Project Management, Invoicing, Client Portal, Mobile App, Unlimited E-Signatures, Website Builder, Secure Document Storage, etc. Aside from integration and having everything in one place, what separates TaxDome is the user experience — firm owners, their employees, and their end-clients find it very easy to use. Especially in the wake of COVID, the ability to conduct business remotely has been a lifesaver for many firms.


This product was recommended by Karl Armstrong from EpicWin App

The best selling point of SlickPie for me is having premium features for free. With the free version of SlickPie, you’ll basically get all the premium features the paid version has. The difference is the usage possibility. However, the free version’s limit (10) is still relatively high for small businesses, so the free version of SlickPie is still an excellent choice for your accounting needs. Features include online invoices and recurring invoices, expenses tracking, bills management, creating quotes and estimates, sending late payment reminders, among other things. SlickPie is the best free accounting solution for your company.

Wave app

This product was recommended by Dušan Goljić from DealsOnHealth

My personal favorite is Wave app both because it’s free for majority of its features, and because it enables users to track their business as well as personal finances in one place. Wave app is a good option for freelancers and small businesses because it doesn’t offer in-depth services more expensive software usually have. What users do pay is payment processing and payroll services which are tuned with competitor’s prices. I would recommend this app to anyone, at least to try, because there’s nothing to lose – literally.

ZOHO Books

This product was recommended by Noman Asghar from Fan Jackets

ZOHO books is the best software for small businesses to maintain employee data, salaries,etc. It comes with superb clean dashboard, graphs and one click solution for your desired data. Easy to use and available at monthly as low as $9/month.

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Dedicated Team Model Balances fixed-price and time & material models, employing specialized teams for adaptable project scopes, ensuring reliability and flexibility in long-term delivery. The Importance of Dedicated Teams in Agile Development Agile development relies on dedicated teams, diverging from traditional project management methods. These teams prioritize frequent collaboration and communication to swiftly adjust requirements and task priorities. Comprised of professionals fully committed to the project, dedicated development teams collaborate to deliver innovative solutions and top-tier results. This section explores their crucial role in agile development and essential strategies for effective team management. Success in agile development depends on the expertise and cooperation of dedicated teams. Efficient communication, coordination, and excellence from every member are crucial for timely results, highlighting the necessity of dedicated software developers. Clear alignment with core business goals and expectations is essential for project success. The Advantages of Employing a Dedicated Team in Agile Development Using a dedicated development team in agile projects has many benefits. Firstly, their commitment ensures excellent results, boosting project success. Secondly, their teamwork increases productivity. Lastly, having a dedicated team improves oversight and control over the project's progress, aiding in accurate outcome estimation. Improved Collaboration and Communication Engaging a dedicated development team in agile projects also yields enhanced collaboration and communication advantages. This dedicated group fosters close cooperation among remote team members, bolstering comprehension of roles and responsibilities and accelerating progress towards business objectives. Establishing dedicated software development teams helps alleviate miscommunication and ensures alignment towards shared goals. Employing a dedicated team also fosters transparency, encouraging open expression of thoughts, seeking advice, and addressing concerns. Quality Assurance and Timely Delivery A dedicated development team in agile development leads to enhanced quality assurance, expedited delivery times, and early issue detection. Collaborative efforts enable swift and effective resolution of such matters, facilitating prompt progress to subsequent tasks. Implementing a dedicated software development team helps minimize delays and ensures alignment with quality expectations. Furthermore, dedicated teams operate with heightened productivity, enabling swift completion of development tasks and adherence to project deadlines. Flexibility and Scalability By enlisting a dedicated development team, projects become more adaptable and scalable. This enables easy adjustment to changes in market conditions or requirements. Businesses can readily modify the team size to match project needs without interrupting ongoing work, ensuring projects remain on schedule and are delivered punctually. Comparing In-House and Outsourced Development Teams In-House Development Team: An in-house dedicated team comprises full-time employees working solely for one company. They have deep knowledge of the company's culture, practices, and technology, smoothly handling projects from start to finish. However, there are challenges with in-house teams: Cost Concerns: Maintaining an in-house team can be expensive, including expenses like recruitment, training, salaries, and benefits, which may strain smaller companies or startups with limited budgets. Expertise Limitations: Internal teams may lack specialized knowledge, technical skills, or industry-specific expertise compared to external teams, particularly in niche industries or specific skill sets. Scalability Issues: In-house teams may struggle to adjust their capacity swiftly to meet changing project demands or priorities. Flexibility Constraints: Internally-based teams may find it challenging to accommodate varying working hours, meet project deadlines, or adapt to different methodologies compared to outsourced teams. Outsourced Development Team: External dedicated development teams, sourced from third-party providers, focus solely on the organization's projects. These professionals offer numerous advantages: Cost Savings: Outsourced teams often provide competitive pricing, reducing expenses on infrastructure, technology, and overhead costs. Access to Expertise: Engaging with a software outsourcing company grants access to specialists from a global talent pool with the required skills and experience. Scalability: Outsourced teams can adjust their workforce to match fluctuations in project scope and priorities, making them valuable for businesses. Flexibility: Remote outsourcing allows for greater flexibility in working hours, project deadlines, and delivery processes. Outsourced development team offers benefits despite challenges like language barriers and time zones. Good communication and teamwork can help overcome these issues. Leaders should consider these advantages when deciding on the best approach for their company's goals. Wrapping Up Having a dedicated team is crucial for success in agile development. Consider the pros and cons of internal versus outsourced teams. While internal teams offer control, they can be more expensive, whereas outsourcing provides expertise at lower costs. If you decide to go with an outsourced dedicated team, VT Labs can provide skilled engineers to meet your agile development requirements.

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