Business Intelligence tools have become crucial for businesses to get valuable insights and reports to make better decisions. However, it is challenging for startups to select the right BI tool for their ventures.

Therefore, we are sharing the top BI tools for startups with their core properties and pricing models.

The use of accounting software or tools is always beneficial for startups to improve and track the financial health of their businesses. But it is also challenging for young firms to shortlist a single or few accounting tools in this regard.

That is why this article shares one of the best accounting tools for startups with their features and pricing details.

Top 5 Accounting Tools for Startups

Here are the top accounting tools that startups can consider using:

1. FreshBooks

FreshBooks is an eminent cloud-based accounting tool that was made public in 2003. This accounting software is the primary choice of small and medium-sized businesses because of its smart financial properties.

Features

• This accounting software enables businesses to generate invoices rapidly, send emails and online payment invoices. Indeed, companies can also receive online payments and track them through this software.

• The double-entry accounting system of this tool shows all analytics from profit & loss to tax predictions.

• Entrepreneurs can give platform access to accountants, contractors, basic employees and business partners.

• Automated bank reconciliation, transaction tracking and third-party app integration are also some advantages of using FreshBooks.

Pricing

It offers three paid plans: Lite, Plus and Premium. The charges of its Lite plan start from $15/month.

2. QuickBooks

QuickBooks is another reliable accounting tool for startups that permits users to create invoices or conduct other accounting tasks from any device. Yes, this is cloud-based accounting software, and more than 4.5 million worldwide customers trust it.

Features

• Startups can organize all of their expenses in a single place to evaluate the taxes. Moreover, GST and VAT could also be evaluated with this tool.

• This tool keeps entire data secure through its bank-level security and cloud storage.

• Multi-currency support, inventory management and detailed insight reports are also credible features of this accounting software.

Pricing

QuickBooks offers a free trial, but Simple Start is the primary one that only costs you $16 per month.

3. Xero

With 3 million global users, Xero is an ideal accounting tool for startups. This software offers a variety of financial tools to meet the different needs of your businesses.

Features

• Young companies can create quotes for their customers in a very professional manner with this tool. These quotes could be issued from both web and mobile applications.

• It supports around 160 currencies of the world, so you can efficiently deal with your international clients and suppliers.

• This cloud-based platform could seamlessly manage inventory, files, contracts, and bank connections.

Pricing

The monthly fee of its Starter program begins from $22. However, Standard is its most popular plan that costs the users $35/month.

4. Zoho Books

Zoho is also a big name that aids businesses in several online activities, and Zoho Books is one of them. This accounting software confers a complete financial toolkit to SMEs and startups to perform accounting-related tasks.

Features

• With Zoho Books, startups can generate 50+ business reports to support different ventures.

• This tool also enables businesses to categorize and set up bank transactions. For sure, when companies import their bank data with this tool, they don’t need to add banking data manually.

• You can conveniently integrate this software with apps like PayPal, Stripe and Square to rapidly perform transactions.

Pricing

If your business revenue is more than 50k USD per year, then you can utilize Zoho Books’ features free of cost. Withal, the monthly fee of its Standard plan is $10.

5. NetSuite

Although NetSuite is a complete package that confers ERP, HR, and CRM support to startups, but its accounting features are very reliable. It is an all-in-one accounting tool that complies with GAAP, ASC 606, SOX and many other compliances.

Features

• To enhance efficiency, it eliminates all unnecessary spreadsheets and repeated data. This function improves the financial data accuracy while using this software.

• With the help of its General Ledger, startups can approach excellent visibility about audits and transactions. Similarly, its tax management characteristics provide all details about the sales, VAT and consumption taxes.

• SuiteAccountants, real-time metrics and cash management are also exciting features of this accounting tool.

Pricing

This platform provides annual licensing, and startups would probably have to pay these fees. However, this yearly licensing fee varies from company to company. You can contact the NetSuite sales team to know about their pricing structure.

Conclusion

This article discusses one of the best startup accounting tools with their core features and pricing models. Though this guide shares the regular pricing structure of these accounting tools but many of them are also offering end of the year discounts nowadays.

Ready to discover more startups tools? Please read Top 60+ Tools For Your Startup.

FAQ

HR services and operations are significant for startups to attain and retain talented staff. Probably, HR tools and different software applications help businesses to conduct HR duties more efficiently. That is why this guide presents one of the top HR tools for startups.

Resource planning is crucial for young businesses even though they are commencing their startup journey with insufficient funds and staff. Therefore, to efficiently administer and label company resources, startups can consider using the following resource planning tools.

While there are several programming languages to learn and implement, some are more popular than others. The choice of programming language for a project depends on the complexity, scalability, budget, development time, app security, and several similar factors.

Ruby is one of the most popular, primarily selected due to its flexibility, security, and relatively shorter development cycles.

Ruby is gaining popularity among new developers because some popular companies are built using Rails’ platform and framework. Continue reading as we discuss some of the top startups built worldwide utilizing the programming language.

Whether you dream of being a startup founder or already one, you will need funding for your business. Thus, you will need to find ways to catch the attention of potential investors.

Some examples include joining an incubator, joining a startup competition, and scheduling a pitch straight to a VC.

Here’s the thing: Investors do these events because they are always looking for the next great startup idea. That said, it is likely that they are scouring the World Wide Web for startups worth investing in. The question is, will your website be included in the search result?

If you are doubtful about it, now is the right time to optimize your startup website. Here are 14 web optimization tips that can help you get started:

The scope of web development is increasing day by day, and newer features and requirements are needed to be fulfilled with every passing day. It means that the tools and technologies must be good enough to meet all the needs.

With the help of the right tools and technologies, any developer can create websites and web pages to meet modern-day requirements. Most websites need dynamic pages controlled by server-side applications, and Asp.Net is the framework that comes in handy when developing such web pages.

Developing a well-functioning website is a long process involving development, testing, designing, and other technical work.

While it seems to be very hectic for the developers, different web development frameworks are available that make the whole thing pretty simple and easy for the developers.

In this way, the hard work for developers is eased beneficially. Laravel is the framework that helps in this regard.

When a platform is based on the web, it opens many doors for several possibilities. These benefits are for every user and for the platform itself, but the best thing among all of the other things is that it makes the platform run on every device with a browser and an internet connection that everyone has these days. 

The only confusion here is that there are a lot of frameworks and technologies that can be used for developing web-based platforms. While selecting the right one can be difficult for you, setting your requirements straight will help you a lot.

Marketing is conventionally considered the heart of any business. Although it is equally helpful for companies on all stages but startups can’t access potential customers without an appropriate marketing approach.

Indeed, startups should pick the best marketing strategies to boost sales, enhance brand awareness, attain and retain customers and much more.

However, it is challenging for young companies to decide about using distinct marketing tools. That is why we are sharing one of the best marketing tools for startups with their essential features and pricing policies.