Which cloud accounting provider is best for your small or medium business? We’re here to help you make the best informed decision. This review will help you understand the following:
What is cloud accounting
What are the trends in cloud accounting
The top 2 best for small and medium business
One platform that seamlessly integrates with multiple business tools.
First and foremost, let’s understand what the word Cloud is all about. Cloud simply means the internet. Thus cloud accounting is the act of using an accounting software that is web-based or online to process all our tedious financial reports without the need to hire an accounting expert or financial manager. Due to the huge drive towards cloud technology, cloud accounting has quickly become a mainstream tool for all small and medium sized businesses to securely access their financial records on the go, through any device and without any technical or mathematical skill.
This huge and rapid market shift is due to a number of obvious reasons which includes:
The increased dependence on other cloud based technologies like mobile banking or internet banking, ecommerce, online payment gateways like PayPal, HR payroll softwares like Gusto and the emergence of AI, among others. Literally, every successful business in our time depends greatly on cloud based services to succeed and cloud accounting is just one of those mainstream cloud services that integrates with the rest solutions mentioned above.
The top 2 best cloud accounting providers for small businesses
As Gmail is the leader in online mailing, Linkedin in professional networking and Facebook in social media, so it is in the cloud accounting field. We have big players which are designed for large companies, while there are those that are tailored in functionality and affordability to best suit small and medium businesses.
While there are several cloud accounting softwares out there, it is quite difficult and confusing to choose a software that can deliver exactly what you want or even better. So, we have helped in narrowing this long list to just the best so you can make a much clearer decision
Freshbooks is one of the best all-in-one small business cloud invoicing and accounting software provider. Their newly upgraded cloud accounting software makes creating professional looking invoices very easy and makes running your small business finances fast and secure. They also integrate seamlessly with renowned apps like Shopify, Stripe, GSuite, Hubspot, Fundbox and many others. In addition to the above, their software also provides automated invoice reminders, payment collections and robust financial reports. Visit Freshbooks to view their packages or take advantage of their free trial today.
Zarmoney made it to our top 3 cloud accounting software for small businesses cause they offer some of the simplest platforms for even the most non-techy entrepreneur. This simplicity is reflected right from their website homepage through signup process and the personal dashboard area. Similar to Freshbooks, they also make it easy for you to create professional invoices in seconds and also enables customers to pay you with credit card through your invoice. They also provide very concise and clear reports for you to understand, adjust and share with others.
Platforms they integrate seamlessly with includes: PayPal, Authorize.Net. Stripe, Wepay, Gusto Payroll, Mailchimp, Zapier and others. Visit Zarmoney to view their packages or take advantage of their free trial today.
Both of these softwares are in the cloud, all you need to do is link your accounts and the magic happens behind the scenes. This also allows you to choose your favorite payment provider or email automation system to integrate to your accounting system for even a smoother experience.
So there you have it, the top 2 best cloud accounting softwares for small businesses. Hope you got value from this article and are certain of which cloud accounting software to use for your business. Please help us by sharing this article with your friends and colleagues. Thanks!