Top 3 Integrated Accounting Software Solutions

By: on July 30, 2020

When selecting accounting software, it’s important to consider the integration function. That’s because accounting integration lets you pull data from any billing and invoicing, payroll, or tax management systems you already have in place. An integrated accounting system will save you the trouble of reentering data from one system to another, thus reducing the chances of accounting errors and saving valuable time.

In this piece, we’ve analyzed the sentiment scores of integrated accounting software featured on Software Advice to identify products users have appreciated the most for their integration capability.

What is a sentiment score?
Think of the sentiment score as a numerical representation of how real users of a product rate and review it. It’s a rating of how positive the comments for or the features of an integrated accounting system are. Rave reviews get a high score, lukewarm reviews a midrange score, and poor reviews get a low score—all on a scale of one (positive) through 10 (negative).

Top 3 integrated accounting software solutions

Product
Integration sentiment score (out of 10)

Zoho Books

6.41

FreshBooks

6.36

Xero

6.34

To read our complete product selection methodology, click here.

1. Zoho Books

  • Sentiment score: 6.41 (out 10)
  • Mentions of “integration” in reviews: 31
  • Percentage of positive mentions: 65%

Zoho Books is a cloud-based accounting solution that features invoice processing, payment management, accounts payable, bookkeeping, general ledger reporting, time tracking, bank reconciliation, and inventory management.

Its key highlight is banking integration, which allows users to sync their bank account with the software so they can make online payments directly from Zoho Books without having to log in to their banking partner’s portal.

According to user reviews on Software Advice, following are the key integrations of Zoho Books reviewers like the most:

Zoho Books’ integration sentiment score analysis

Of the reviews that mention “integration,” 65% are positive, and only 5% are negative.

Distribution of positive, negative, and neutral reviews for Zoho Books' integration function

Zoho Books’ integration sentiment score is 6.41 against a category average of 6.13. Its score is 4.5% higher than the average score of all other accounting software featured on Software Advice.

Zoho Books' sentiment score for integration function


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2. FreshBooks

  • Sentiment score: 6.36 (out of 10)
  • Mentions of “integration” in reviews: 74
  • Percentage of positive mentions: 74%

FreshBooks is a cloud-based accounting solution that helps users automate accounting tasks such as invoicing, expense management, billing, and time tracking. The software also lets users generate various types of accounting and financial reports, including profit and loss, sales tax summary, invoice details, and expense reports.

FreshBooks’ key highlight is its invoicing feature, which offers predefined invoice templates that users can customize as per their needs. Users can also set up automated thank you emails that are sent to customers on successful completion of payment transactions.

According to user reviews on Software Advice, following are the key integrations of FreshBooks buyers like the most:

FreshBooks’ integration sentiment score analysis

Of the reviews that mention “integration,” 74% are positive, and only 5% are negative.

Distribution of positive, negative, and neutral reviews for FreshBooks' integration function

FreshBooks scores 6.36 in user sentiment for its integration function against an average category score of 6.13. Its score is 3.8% higher than the average score of other products listed on Software Advice’s accounting software directory.

FreshBooks' sentiment score for integration function


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3. Xero

  • Sentiment score: 6.34 (out of 10)
  • Mentions of “integration” in reviews: 99
  • Percentage of positive mentions: 65%

Xero is a cloud-based accounting tool that allows users to manage accounting processes such as invoicing, fixed asset and inventory management, payment processing, and purchase order creation.

Xero’s key highlight is its expense management functionality, which allows users to record receipts, track mileage claims, reconcile expense reports, and monitor spending in real time. The tool also offers the payment management function, which lets users make bulk payments for product invoices.

According to user reviews on Software Advice, following are the key integrations of Xero buyers like the most:

Xero’s integration sentiment score analysis

Of the reviews that mention “integration,” 65% are positive, and only 2% are negative.

Distribution of positive, negative, and neutral reviews for Xero' integration function

Xero has a higher sentiment score for the integration function than other products listed under Software Advice’s accounting software category. It scores 6.34 against a category average score of 6.12.

Xero's sentiment score for integration function


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Next steps: Selecting the best integrated accounting software for your business

In this article, we’ve listed the top three integrated accounting software tools with the most positive user sentiment for their integration functionality. Follow these steps to select the one that best caters to your needs:

  • List all the software applications that you need to integrate with the accounting software.
  • Narrow down your software shortlist by checking which of these three products fulfill all of your integration requirements.
  • Read user reviews on Software Advice to understand what real buyers have to say about the software you’ve selected.
  • To compare other integrated accounting tools, check out our Accounting Software FrontRunners report, which lists the top players in the accounting market.

Software selection can be an overwhelming process. If you want personalized help, call our advisors at 844-847-3290 or book an appointment for a free, no-obligation consultation.


Methodology

For this report, we analyzed user reviews for each integrated accounting system on Software Advice that touched upon the ability to integrate. To be considered for inclusion in this report, we required 20 or more unique reviews mentioning integration-related terms.

The integrated accounting software tools listed in this report have the highest percentage of positive mentions for the integration function among eligible products.

To calculate the sentiment score, we looked at the specific mentions of integration in each review and analyzed the terms used to describe integration. We then scored each term on a scale of 1 to 10, with 10 being the most positive. The score for each snippet was the sum of all descriptive terms in the snippet. Snippet scores were then averaged for the product to determine the average sentiment score for the product.

When comparing the average sentiment score of a software solution to the average score for the entire category, the product’s score was removed for accuracy.

To identify user feedback trends, we performed sentiment analysis of reviews left for each product in the 24 months previous to the creation of this report. Reviews data may have changed since publication and may not reflect current conditions.

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