However, the downside of traditional accounting apps is that they can be expensive and require technical infrastructure and resources. In addition, on-premise accounting applications are hard to interface with applications from other departments, making data transfer and communication difficult.
Cloud-based accounting solutions
, however, are setting a new paradigm in accounting. Because they are based on the cloud, such accounting solutions are free of expensive installation costs. They are accessible anywhere and their open API ensures that they are not only able to interface with applications from within their organizations but, also, with the larger Internet ecosystem.
At GetApp, we are focused on providing the best experience for our business customers. Along those lines, here are some of the best accounting apps that you might find interesting.
Zoho Books helps you manage finances in real-time. This means that you can record diverse transactions from your dealings with customers, to tracking expenses for your small business. It is scalable; this means you can also perform complex transactions such as reconciling your bank accounts and transactions and collaborating with your accountants.
This award-winning software has garnered major praise from users and reviewers alike for its simple no-nonsense approach to accounting. It is an intuitive solution that does away with most accounting-related jargon to simplify the task. For example, the dashboard provides you with a snapshot of “Money coming in” and “Money going out.” This does not mean, however, that the application scrimps on functionality. Xero enables you to generate sophisticated reports and statistics about your accounts and, also, make important decisions.
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