Enterprise Accounting Software

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Showing 1 - 20 of 315 products
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Showing 1 - 20 of 315 products

NetSuite

NetSuite is a business management software suite offered as a service that performs enterprise resource planning (ERP) and customer relationship management (CRM) functions. It is a horizontal package designed for an extensive rang...Read more

42 recommendations

Sage Intacct

Sage Intacct is a provider of cloud-based financial management and accounting software. Sage Intacct's software solution is suitable for small to midsize accounting firms and can provide financial reporting and operational i...Read more

26 recommendations

Multiview ERP

Multiview Financials is the flagship ERP system developed, sold, implemented, and supported by Multiview Financial Software. Multiview is designed for organizations ranging in size from rapidly growing small businesses to large en...Read more

4.40 (10 reviews)

25 recommendations

Striven

Striven is a cloud-based enterprise resource planning (ERP) solution suitable for many industries and organizations of all sizes. It offers features for accounting, inventory management, human resources, customer relationship mana...Read more

4.84 (19 reviews)

22 recommendations

Adaptive Planning

Workday Adaptive Planning, founded in 2003, provides a web-based system for budgeting, forecasting and reporting. The solution is suitable for a wide variety of company sizes. Delivered over the Web in a software-as-a-service (Saa...Read more

17 recommendations

BQE Core Suite

BQE Core Legal is a cloud-based solution that offers integrated accounting, time tracking, and billing and invoicing. It can support the operations of a variety of law firms including litigation, corporate, family, tax, immigratio...Read more

15 recommendations

Planning Maestro

Centage’s Planning Maestro is a cloud-native planning & analytics platform that delivers year-round financial insight, transforming how companies budget, forecast and report performance. Centage delivers a level of sophistica...Read more

3.98 (41 reviews)

15 recommendations

DataRails

DataRails is an FP&A solution made to help FP&A departments revolutionize their manual, excel-based processes, and provide driver-based insights into all aspects of the business. The DataRails cloud-based solution allows you ...Read more

5.00 (16 reviews)

15 recommendations

AccuFund Accounting Suite

AccuFund is an online accounting and financial reporting solution designed specifically for the nonprofit industry. Integrated into one, AccuFund's Accounting suite helps nonprofit organizations and government agencies report fund...Read more

4.33 (43 reviews)

14 recommendations

Blackbaud Financial Edge NXT

Financial Edge NXT is a cloud accounting solution from Blackbaud that provides transparency across teams, security, compliance, and reduces the need for manual processes. The system is a fund accounting solution that provides a ge...Read more

12 recommendations

Software pricing tips

Read our Enterprise Accounting Software Buyers Guide

Subscription models

  • Per employee/per month: This model allows you to pay a monthly fee for each of your employees.
  • Per user/per month: Users pay a monthly fee for users—normally administrative users—rather than all employees.

Perpetual license

  • This involves paying an upfront sum for the license to own the software and use it indefinitely.
  • This is the more traditional model and is most common with on-premise applications and with larger businesses.

Rated best value for money

Limelight

Limelight is a cloud-based accounting solution which caters to businesses in manufacturing, insurance, higher education, healthcare and telecom. The solution allows users to manage orders, track failed transactions, manage billing...Read more

4.50 (20 reviews)

12 recommendations

OnPlan

OnPlan is a sales forecasting and budgeting solution that helps businesses create financial models using what-if scenarios and SaaS benchmarks. Features include rolling financial forecasts, template management, scenario planning, ...Read more

4.92 (12 reviews)

12 recommendations

Tipalti

Tipalti is a cloud-based accounting management solution that helps users automate their accounts payable process. It offers a variety of features, including invoice automation, payment remittance, regulatory compliance management,...Read more

4.64 (70 reviews)

11 recommendations

Divvy

Divvy is a free cloud-based accounting and expense management solution for businesses. Key features include managing payments and subscriptions, building strategic budgets, automated expense reports and virtual cards. Divvy t...Read more

10 recommendations

Asset4000

Series4000 is an on-premise and cloud-based fixed asset accounting solution for small, mid-sized and large enterprises. It caters to commercial, education, government, healthcare and not for profit industries. Primary features inc...Read more

4.55 (47 reviews)

10 recommendations

AvidXchange

AvidXchange is an accounts payable solution for midsize companies in industries including real estate, HOA, construction and financial services. AvidXchange’s cloud-based solutions automate accounts payable processes including pur...Read more

4.49 (35 reviews)

10 recommendations

Vena

Vena is a complete planning platform that helps business leaders and finance and operations professionals plan to grow their businesses. Vena leverages the familiarity and flexibility of an Excel interface within the Vena Growth E...Read more

4.39 (14 reviews)

10 recommendations

Petrofly

Petrofly is a modern, flexible, and advanced software company that primarily focuses on the Oil and Gas industry. Petrofly offers, but is not limited to, production management, accounting, interest partner management, analytics, o...Read more

No reviews yet

10 recommendations

Budgyt

Budgyt simplifies the budgeting process for both businesses and non-profits. It is a user-friendly interface hosted on the cloud so that multiple users can work on the same budget, at the same time, using the same format. Administ...Read more

4.84 (19 reviews)

9 recommendations

Canopy

Canopy is a cloud-based practice management and tax resolution platform for accounting firms, tax professionals, tax attorneys, and enrolled agents. It provides an integrated suite with various tools to help enhance efficiency whi...Read more

8 recommendations

Popular Enterprise Accounting Software Comparisons

Buyers Guide

Last Updated: June 17, 2021

Enterprise accounting software differs from normal accounting software in terms of the extended capabilities (that are in addition to the core accounting functions) the former provides to manage larger business requirements. These requirements can include inventory management, project management, customer relationship management, and support for multiple currencies, regulations, and tax systems.

These capabilities make the software specifically useful for enterprises that typically deal with multiple regulations and markets across subsidiaries and countries. However, small or midsize businesses that want an integrated view of their operations while managing financial aspects can also benefit from this type of tool.

We’ve prepared this buyers guide to help you understand enterprise accounting software and its key features.

Here’s what we’ll cover:

What is enterprise accounting software?

Enterprise accounting software is a tool that goes beyond core accounting functionalities to support other business requirements such as inventory management, customer relationship management, and procurement.

These additional capabilities are supported by modules that are either part of the tool or available as add-ons.

Inventory reports in QuickBooks Enterprise (Source)

Common features of enterprise accounting software

The range of enterprise accounting software features varies with vendors. However, some common features remain largely consistent across solutions.

Accounting and financial consolidation Manage core accounting functions such as journal entries, accounts receivables, and profit and loss statements in multiple currencies. Prepare consolidated or subsidiary-specific financial statements in the applicable currencies.
Taxation and regulatory compliance Manage taxes and comply with regulations across the different legislations/jurisdiction applicable to operations.
Reporting and analytics Generate consolidated as well as subsidiary-specific operational reports by collating data from multiple sources. Run analytics on available data to identify trends or predict business scenarios.
Integrated modules Leverage industry- or process-specific modules, such as customer relationship management, purchasing, and marketing, to handle non-accounting functions.
Payments Manage payments across business units/subsidiaries over multiple channels.

What type of buyer are you?

There are two broad types of buyers that enterprise accounting software caters to:

  • Enterprises looking to manage geographically scattered operations: Enterprises typically operate in multiple markets/jurisdiction, which could be across states or countries. This exposes them to varied currencies, tax systems, and accounting standards. The software’s extended capabilities in handling these requirements make it ideal for such buyers.
  • Non-enterprise buyers looking for a unified business view: These buyers could be small or midsize businesses that don’t necessarily operate in multiple markets/jurisdiction but want a single software platform that provides for consolidated management of business operations. The software’s non-accounting modules for handling other business functions serve this purpose.

Benefits of enterprise accounting software

Let’s look at some key benefits that will be of value to you.

  • Data-rich reports: The tool helps generate reports that cover more than standalone balance sheets, profit and loss statements, and income statements. Enterprise accounting software can help generate cash flow projections based on inventory levels, orders in the pipeline, and accounts receivables aging. Instead of merely informing about the financial position of a business, the software provides broader insights into multiple business functions.
  • Reduced data duplication: Using disparate tools to handle various functions creates silos that lead to data duplication (the same data stored in multiple systems). The software solves this via its additional modules that can be integrated to eliminate data silos. This also helps improve productivity by reducing the effort required for feeding redundant data to multiple tools.

Key considerations for selecting enterprise accounting software

Since the software cuts across business functions, customizability is the key consideration while selecting the right product. It’s a broad aspect so we have broken down the customization areas interested buyers can look into.

  • Industry of operation: The kind of industry you operate in will decide the specific modules you may need in addition to the accounting module. For example, a manufacturing business will require inventory management capabilities while a marketing agency will need a customer relationship management module.
  • Additional capabilities: These requirements are not industry-specific and depend on the unique needs of a business. Some examples are multilingual support, crypto-currency integration, and role-based access to users.

If you wish to further understand the features and benefits of enterprise accounting software, you may fill out this form for a no-obligation, free consultation. We have helped numerous businesses avoid costly mistakes and pick software that is best for them. Our advisors will understand your requirements and guide you in shortlisting the most suitable options for your business.

 

Note: The applications selected in this article are examples to show a feature in context and are not intended as endorsements or recommendations. They have been obtained from sources believed to be reliable at the time of publication.

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