TechDogs-"Top 5 Accounting Software Of 2022"

Financial Technology

Top 5 Accounting Software Of 2022

By TechDogs Editorial Team

TechDogs
Overall Rating

Overview

Most of us remember Ben Affleck's unique portrayal of Batman, even giving rise to the popular term "Batfleck." However, not many might remember the 2016 movie, The Accountant, where he plays an accountant and part-time assassin for criminal organizations. Talk about a diverse set of skills!

His character, Christian Wolff, is trained in martial arts and lives alone. Furthermore, after his father is killed during his childhood, Wolff becomes involved in the criminal underworld. Hold up - don't these two storylines sound incredibly similar?! Heck, J.K Simmons even plays the director of financial crimes in The Accountant and Commissioner Gordon in the Batman franchise! What we are saying is, Christian Wolff is Bruce Wayne before he became Batman - yes, this is indeed a crossover episode!

Our point is that if Batman were an accountant, even his futuristic gadgets, cutting-edge technology and Alfred wouldn't be much help! He needs an advanced Accounting Software - so let's jump into the Batmobile and check out the best Accounting Software of 2022!
Techdogs-Heroes Can Be Anyone-"Top 5 Accounting Software Of 2022"
"And yes, Mr. Wayne, it does come in black."


You might remember this iconic dialogue from The Dark Knight Rises when Lucius Fox introduces Bruce Wayne to the Tumbler, a prototype armored tank that goes on to become The Batmobile. Apart from that, Lucius also helps him design his bike (The Batcycle), his plane (The Batwing) and an awesome winged vehicle (The Bat) - the next one will be a spacecraft, we bat!

Now, think of all the money it must have taken to design, test and develop these vehicles - not to forget the cost of painting them all black! Bruce must have had to siphon out millions of dollars from Wayne Enterprises' bank accounts. Had he gone overboard funding his vigilante lifestyle, he could have bankrupted his company. #BillionaireVigilanteProbelms

So, what kept Bruce in check? No, not Alfred - it was an Accounting Software that helped The Dark Knight keep tabs on his expenses, streamline transactions and make sound monetary decisions. Just as he keeps Gotham safe, Accounting Software protects your business from poor financial decision-making by simplifying the tracking, evaluation and analysis of all monetary issues.

So, join us as we explore the top 5 Accounting Software in Gotham, umm, we mean the market!


Top 5 Accounting Software Of 2022


Accounting Software is a tool that helps businesses streamline financial management through intelligent automation of processes. It ensures accurate bookkeeping and robust governance while increasing the overall operational efficiency of financial functions and transactions.
If you want to keep track of every dollar and cent, here are the top Accounting Software to help you do just that!

Please note that the products are in random order!
 
Xero
Xero
Intuit QuickBooks
Intuit QuickBooks
FreshBooks
FreshBooks
Oracle NetSuite
Oracle NetSuite
ZOHO Books
ZOHO Books
 

Tool 1: Xero


Xero (pronounced zee-ro) is a financial technology firm founded in New Zealand in 2006, with offices in Australia, Europe and the United States. It was named as Top Performer in the "Trust Accounting Software" and "Financial Reporting Software" categories by Capterra in their 2021 shortlist.

TechDogs-"Tool 1: Xero"-A Screenshot Of The Google Cloud Platform Showing Various Dashboards And Functions
Xero's accounting tool allows business owners to track transactions and cash flow along with inventory tracking in real-time. The tool imports transactional data from all associated bank account into a single ledger, allowing accountants and business managers to collaborate and strategize instantaneously. If your business deals with global clients, Xero has your back as it supports various currencies and their real-time conversions.

Moreover, just as Batman has an unlimited supply of Batarangs, the software supports unlimited user logins. Yes, you read that right - no more asking your colleague to "sign out for 5 minutes please!" Xero's software can also integrate over a thousand third-party business software, so your financial data can be easily analyzed, visualized or exported in a way that's convenient to you.
 

Tool 2: Intuit QuickBooks


Intuit is an American firm specializing in financial technology software. It was founded in 1983 when founder Scott Cook realized that computers would soon take over pen-and-paper-based finances for accounting processes. With such foresighted leaders, no wonder Intuit was ranked 13th on the Fortune 100 "Best Companies To Work" list in 2017!

TechDogs-"Tool 2: Intuit QuickBooks"-A Screenshot Of The Intuit Quickbooks Accounting Software Finance Dashboard
Intuit's QuickBooks is their flagship financial management software, boasting features such as inventory management, customizable reporting, job costing, real-time financial dashboards, etc., to streamline accounting processes. Pre-built tools also allow users to visualize their financial data conveniently, improving the budgetary decision-making of an organization. What's more, the software has three variants; one for freelancers, small businesses and enterprises, each tailored to the specific needs of each group. Yeah, being a freelance vigilante, Batman might find QuickBooks quite helpful!

The software has over 200 third-party API (Application Programming Interface) integrations to improve collaboration and improve user experience. However, the standout feature is the Virtual Bookkeeper, wherein a dedicated expert is available for bookkeeping, creating detailed reports, updating ledgers, etc., so you don't have to! Oh, did we mention the tool has Fraud Detection, User Access control and Forecasting features too!
 

Tool 3: FreshBooks


FreshBooks is an accounting software designed especially for small and medium-sized enterprises and is operated by 2ndSite Inc, founded in 2003 in Toronto, Canada. FreshBooks is considered as one of the best in the market, reflected by its inclusion as a "Top Performer" in the categories of "Financial Reporting Software" and "Accounting Software" in Capterra's Shortlist 2021.

TechDogs-"Tool 3: FreshBooks"-A Screengrab Of The Freshbooks Accounting Software'S Expenses Tab
FreshBooks is a cloud-based Accounting Software provided on a software-as-a-service (SaaS) model and is accessible through every mobile device. Now that's a helpful feature for someone who's always on the move - Batman approves! Thanks to its easily customizable dashboard and user-friendly interface, FreshBooks is a favorite amongst service-based businesses for their day-to-day finances.

Another highlight of this software is its incredible array of integration options, including Shopify, Gusto, Stripe, G Suite and more! Furthermore, it offers an advanced Automated Bank Reconciliation feature that automatically imports transactions from various sources, categorizes them and creates a personalized summary report for your convenience - we bet even Lucius Fox can't do all that!
 

Tool 4: Oracle NetSuite


We're sure if you know who Batman is, you have heard of Oracle, one of the most well-known computer technology firms. We mean, they are the world's second-largest software company by revenue in the world! Oracle NetSuite is held in high regard for Enterprise Resource Planning - pretty sure even Bruce Wayne uses it to manage Wayne Enterprises’ finances!

TechDogs-"Tool 4: Oracle NetSuite"-An Image Of The Oracle Netsuite'S Finance Booking Breakdown Tab Showing Interactive Charts
Oracle's NetSuite is a comprehensive business management tool, including a module that helps organizations gain complete visibility into their financials through prebuilt, intelligent capabilities for accounting task. The accounting solution also enables easy tracking and reporting of your company's fixed assets (think of long-lived business assets such as equipment, manufacturing plants or The Batmobile!).

We would like to emphasize that NetSuite supports multi-currency, multi-language and multi-tax capabilities, a boon for global enterprises. Moreover, it gives users 24/7 access to resources from any browser or mobile device - so your accountant can work on the move or while he's riding the Batcycle on the way to fight crime!
 

Tool 5: Zoho Books


Zoho is an Indian multinational technology company founded in 1996 with its corporate headquarters in California. In 2017, peer-to-peer review site G2 gave Zoho Books a "Great User Experience Award," while in 2018, FinancesOnline recognized it as "Supreme Software, Expert's Choice, and Great User Experience." That's some high praise!

TechDogs-"Tool 5: Zoho Books"-An Image Of The Zoho Books Accounting Software Showing All Customer Transaction
Zoho Books is a cloud-based Accounting Software that helps business owners manage their accounts, stay tax-compliant and collaborate across various departments on financial decisions. It streamlines business transactions, records income and expenses and automates accounting features and processes to enhance budgeting and forecasting capabilities. Could it have forecasted the insane plot twist at the end of The Dark Knight Rises, we wonder?

Plus, the tool integrates with enterprise tools such as CRM, inventory management, etc., across various platforms (iOS, Android and Windows). For businesses dealing with international clients (looking at you Mr. Fox), the tool easily connects to several payment services such as PayPal, Payflow Pro and Square - do we need to say more about this fantastic tool!
 

Conclusion


TechDogs-"Conclusion"-A Meme Of Batman About Financial Management And How Accounting Software Help With It
Let's be honest for a minute - from individuals to global corporations, everyone understands the need to keep track of their expenses and income. Heck, even Bruce Wayne relied on Lucius Fox to help him with Wayne Enterprise's finances - and if Batman can't do it alone, can we? Accounting tools help enhance the ability to track transactions, analyze spending and forecast for better budgeting. We hope this article has helped you shortlist the most suitable Accounting Software that can support your critical financial activities.

Enjoyed what you've read so far? Great news - there's more to explore!

Stay up to date with the latest news, a vast collection of tech articles including introductory guides, product reviews, trends and more, thought-provoking interviews, hottest AI blogs and entertaining tech memes.

Plus, get access to branded insights such as informative white papers, intriguing case studies, in-depth reports, enlightening videos and exciting events and webinars from industry-leading global brands.

Dive into TechDogs' treasure trove today and Know Your World of technology!

Disclaimer - Reference to any specific product, software or entity does not constitute an endorsement or recommendation by TechDogs nor should any data or content published be relied upon. The views expressed by TechDogs' members and guests are their own and their appearance on our site does not imply an endorsement of them or any entity they represent. Views and opinions expressed by TechDogs' Authors are those of the Authors and do not necessarily reflect the view of TechDogs or any of its officials. While we aim to provide valuable and helpful information, some content on TechDogs' site may not have been thoroughly reviewed for every detail or aspect. We encourage users to verify any information independently where necessary.

Join The Discussion

- Promoted By TechDogs -

IDC MarketScape: Worldwide Modern Endpoint Security for Midsize Businesses 2024 Vendor Assessment