Accounting systems are used by financial administrators to control firm accounts. Non-professional users may on the other hand use straightforward, single-entry tools, while large businesses should invest in advanced double-entry apps that are capable of processing accounts payable, accounts receivable, inventory, and payroll, as well as many different tasks. An accounting system minimizes accounting costs, and provides time-efficient and adequate financial reporting which businesses may trigger to pursue improved financial decisions. Small businesses most often invest in off-the-shelf accounting solutions, while larger companies invest their time to develop personalized software to deal with their accounting targets. Accounting tools are either desktop-based or cloud-based. Cloud accounting platforms are becoming more and more popular as these applications are easier to operate in and businesses can cut updating expenses.
Choosing a suitable SaaS product from the numerous good quality platforms out there can be a difficult task. To help you, we have prepared this quick primer. Find out if the SaaS provider offers the following benefits:
Reduced Cost: Most SaaS systems are pay as you go, and you don’t need to worry about additional expenses for software maintenance or IT resources, upfront licensing fees, or in-house IT employees.
Fast Set-up Time and Minimized Risk: You should be able to implement the SaaS software quickly and easily. Make use of the free trial to understand if the system fits your requirements. If you pick a wrong system, you can bail out easily with minimum losses.
Customization and Integration: Select a provider that offers a wide range of software packages and modules. You should be able to pay only for the tools you use to meet the current requirements of your organization.
Security and Control: The solution should offer robust security. Choose a provider whose databanks are more secure than those in your office to maximize the advantages.
The Infrastructure: The provider should offer the needed infrastructure so that you need not host anything in-house or need the support of internal IT resources.
Web Access: Your staff members should be able to access data anywhere, anytime. To assist them be productive on the go, choose a provider that offers mobile apps that are compatible with popular operating systems.
Consider all the six important factors mentioned above to pick the perfect system for your requirements.
We use our unique SmartScore™ system to evaluate all the products listed to help you get the best possible application. The total score comprises of the following elements (% show how much each component affects the final score):
Hover over the element to learn more about our ratings.
Main Functionality – rates the software’s ability to meet its main promise or USP.
Customization - Rates the software’s customization tools that allow the business to match the software’s functions to the business’ specific processes and current needs. Tools to watch include: custom reports; custom fields; custom business processes; logo insertions; and color palette choice.
Collaboration Features – rates the software’s functionalities that allow team members to work together, share documents, ideas and best practices. Includes tools such as: communication platforms (IM chat, VoIP, email, social media, phone); real-time features; attachment and association capabilities; and automatic task and contact associations.
Integration – rates the ability of the software to assimilate third-party applications and formats, especially popular productivity tools like Google Apps, Microsoft Office and Outlook and proprietary email apps. Also include connector apps that integrate the software to even more apps and APIs that allow developers to integrate their own apps to the software. May also include integration to older versions of the software.
Mobility – rates if the software has a mobile platform and which mobile OS it supports. Attributes to watch include: apps for iOS, Android, Windows Mobile, BlackBerry; mobile browser version; and specific mobile modules.
Ease-of-use – rates the level of difficulty in learning and using the software. Features to watch include: self-help tutorials; quick lookups; dashboard; drag-and-drop tools; intuitive behavior; search and data retrieval; formats and templates; and steps to perform a task.
Help & Support – rates the level of technical and customer support by vendor. Attributes to measure include: live support (chat); tickets; free and freemium support services; knowledge base support (PDF, recorded webinars, forum); and paid support plans.
Security – rates the software’s security infrastructure including the following features: enable/disable data access; password encryption; data backup; and official seals from reputable organizations that vouch for the software’s security.
Media Rating - averages the ratings by major review sites, such as: CNET, Gartner Vendor, MacWorld and PCMag.
We use our behavior-based Customer Satisfaction Algorithm™ to gather customer reviews, comments and opinions across a wide range of social media sites to help you make an informed buying decision.
Hover over the shapes to learn more
Our algorithm performs a wide-spectrum scan through all the most popular social media as well as blogs and websites to find customer reviews relevant to a specific product.
The behavior-based system collects all reviews that discuss a selected product filtering out comments and posts that do not feature a customer’s opinion about the product.
All gathered customer reviews are processed with a set of filters to extract key data from each review relevant to customer’s satisfaction including: detailed keywords analysis, social response signals and various meta data.
Collected data about users’ experience with the product are thoroughly analyzed using an algorithm that evaluates each processed factor as either positive or negative response from the customer.
After all partial data are analyzed and evaluated the system assigns a single customer satisfaction score to a product. It allows our users an easy and quick access to information on how many clients are satisfied with a product at the moment.