Business owners deliberating on whether to opt for a computerized accounting software program would be keen to know the advantages of such an application. This article aims to help them by detailing a few pitfalls that can be overcome by using a good quality B2B accounting software solution.
You can save plenty of time by switching over to a B2B accounting software tool. Important calculations for functions like billing and payroll can be done quickly and correctly with such a program. It will also allow you to access accounting information quickly without having to browse through papers. Thus, businesses would be able to focus more on marketing functions and working with clients.
Manual accounting is vulnerable to human errors which can prove costly to a company. Computerized accounting minimizes calculation errors. It provides accurate accounting information to help you file correct tax reports and avoid problems with the tax officials.
Computerized accounting systems take out the human-error factor and ensure data is available at all times. You can use power backup systems and invest in an accounting tool that offers greater functionalities to ensure its reliability.
A good accounting program can create complex analyses of transactions and reports. Manual accounting may not offer this advantage. You can use the accounting solution to create sophisticated analyses of accounting issues to gain valuable insight into this aspect of your business.
Computerized accounting delivers complex reports quickly. You can use the accounting software tool to produce purchase orders, invoices and other files in a jiffy. These reports are automatically updated and are available for instant perusal.
To help you select a suitable accounting software application for your business, we list five top products in this category along with their main use.
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If you are a vendor and have an interesting B2B product that hasn’t yet been listed on our review platform feel free to let us know about it. You can add your product to the listing here. Our experts will be happy to prepare a detailed review of your product free of charge. Here’s an example of a accounting software review by us.
Main Use: Payroll, human resources, and accounting software
CYMA is an online accounting software offers useful modules for sales order, human resources, purchase order, payroll, job costing, inventory control, general ledger, billing, bank reconciliation, accounts receivable, and accounts payable. Nonprofits can use a Gantt tracking module, while project-based companies can use CYMA’s project-tracking module. All modules can be accessed through the control center.
CYMA SmartScore and Customer Satisfaction
Our B2B experts reviewed CYMA features, user experience, customer support and other key elements of the service. Final results as summarized by the SmartScore system gave CYMA a score of 6.5/10, while the results provided by the Customer Satisfaction Algorithm place the overall user satisfaction rating at 99%.
Main Use: Commerce, billing, and finance management
Zuora is a leading accounting software for commerce, billing, and finance management designed for subscription businesses. It is a fast-growing on-demand subscription billing and payment tool. Zuora helps subscription businesses manage and sell efficiently to customers, and enables them to launch new products effortlessly.
Zuora SmartScore and Customer Satisfaction
Our B2B experts reviewed Zuora accounting software features, user experience, customer support and other key elements of the service. Final results as summarized by the SmartScore system gave Zuora a score of 7.2/10, while the results provided by the Customer Satisfaction Algorithm place the overall user satisfaction rating at 100%.
Main Use: Virtual accounts receivable management
ZenCash offers an easy and cost-effective method to handle unpaid invoices. It is a cloud-based software program that helps businesses with receivables and collections management.
ZenCash SmartScore and Customer Satisfaction
Our B2B experts conducted a review of ZenCash functionalities, user experience, customer support and other key elements of the service. Final results as summarized by the SmartScore system gave ZenCash a score of 8.4/10, while the results provided by the Customer Satisfaction Algorithm place the overall user satisfaction rating at 95%.
Main Use: Robust accounting software for small businesses
AccountEdge automates daily business processes to help companies manage contacts, bill for time, monitor and handle inventory, manage payroll, and makes sales and purchases. The tool can also be used to track your company’s financial information.
AccountEdge SmartScore and Customer Satisfaction
Our B2B experts made a detailed review of AccountEdge features, user experience, customer support and other key elements of the service. Final results as summarized by the SmartScore system gave AccountEdge a score of 6.5/10, while the results provided by the Customer Satisfaction Algorithm place the overall user satisfaction rating at 100%.
Main Use: Makes accounting simple
Express Accounts is a web-based accounting software produces basic reports including balance sheets, invoices, cash flow statements, and income statement analysis. It offers more than 20 preconfigured reports that can be saved as CSV or PDF files. Users can directly fax or email reports through the software.
Express Accounts SmartScore and Customer Satisfaction
A full review of Express Accounts features, user experience, customer support and other key elements of the service was conducted by our B2B experts. Final results as summarized by the SmartScore system gave Express Accounts a score of 6.5/10, while the results provided by the Customer Satisfaction Algorithm place the overall user satisfaction rating at 98%.
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