Small business owners need to leverage technology to remain competitive or get ahead of their main competitors. Accounting software provides you with plenty of advantages that allow you to improve company efficiency because your team no longer has to do everything manually. However, certain software works best depending on your company’s needs.

Here are the top accounting software for small businesses.

Xero

If you’re a micro to small business owner, Xero is an ideal choice for accounting software. Its clean interface makes it easy to navigate. It also allows users to integrate it with a third-party app. Your company can collect payments online with this system. You can store your data in the cloud and access it anywhere and anytime. Its simple inventory management allows you to organise and find data easily. The tiered plans give you different options on features. This enables you to upgrade or stay in your subscription depending on your needs and the trajectory of your business.

QuickBooks Online

This accounting software has high ratings from users. It is an ideal option for small business owners who want an easy to use system. It also provides users with resources and forums to learn more about the system or get support. This cloud-based software is accessible through the app or a browser, which makes it convenient to use. Like Xero, QuickBooks online allows you to integrate it with third-party apps. This software is the go-to option of many accounting professionals because of the advantages it provides. You have the option to upgrade your subscription as your company grows and your needs change.

FreshBooks

This accounting software allows users to customise their invoices. FreshBooks focuses on sending, printing, receiving and paying invoices for users. It also lets small businesses track projects, request deposits and receive payments among other features. Some of the advantages that have made FreshBooks a viable option are its advanced invoicing features, easy to use interface and cloud-based system.

These are just three of the accounting software options you can choose from. Each has benefits that solve certain problems. The main factors that determine the choice of many small businesses is a system’s scalability, price and features.

We can discuss what you need and how we can help you. Our team of professionals have industry experience and knowhow in accounting and bookkeeping to let you focus on achieving your company’s goals. If you’re looking for a firm to help you install and implement the software of your choice, contact us.