Powerful 5 Accounting Platforms for Small & Medium Businesses in 2023

Accounting software makes it simple for small company owners to maintain tabs on their finances, manage their revenue and spending, and prepare for tax season. For many small companies, using software to manage their accounting, tax preparation, and payroll is a more cost-effective option than employing an accountant or a big company.

But with so many alternatives available today, picking the best one may be difficult. To assist, we have focused on the top choices for a range of small enterprises.

Here, started to address the pains that came with building and maintaining accounting integrations. We have created a list of the top 5 accounting Integration since they are some of the most well-liked and important integrations in the B2B, SaaS sector. Let’s check out them!

1) Quickbooks

QuickBooks is available. The current concept of cloud accounting software is synonymous with QuickBooks, which has a market share in the United States and Canada much in excess of any of its rivals.

Small to medium-sized businesses, from a one-person contracting business to a 100-person consulting firm, are the target market for QuickBooks. Because of this, not many significant brands or businesses utilize QuickBooks for their accounting requirements and get custom QuickBooks API Integration services.

With over 5.3 million customers globally, QuickBooks, this link is essential if you’re going for small- to medium-sized enterprises.

2) XERO

The most widely used accounting software in New Zealand and Australia is Xero, which is frequently mentioned as QuickBooks’ main rival. Additionally, Xero holds an important portion of the market in the United Kingdom and has a modest market share in the United States.

Xero Integration services mostly serve small firms, that rely on automation of interconnections to keep things operating smoothly because they don’t have significant accounting or operations teams. The sheer amount of billing system interfaces that Xero provides is perhaps one of its most alluring features, making day-to-day invoicing for small businesses and solo contractors quite easy.

If you are trying to reach businesses with fewer than 50 workers or freelancers that use Xero, which has more than 3 million customers, this connectivity is crucial.

3) Oracle Netsuite

One of the most widely used ERPs in the world, Oracle NetSuite, is frequently utilized to assist large enterprises in streamlining their accounting. The platform, which has been in use for 24 years, pioneered the move of ERP to the cloud.

The main selling point of NetSuite is its incredible capacity to automate crucial financial operations for massive businesses. ChannelAdvisor, for instance, uses NetSuite to automate and power all of its accounting requirements.

NetSuite states that over 31,000 businesses from 217 nations use its platform, including some of the top corporations in the world. NetSuite is a vital integration if you are targeting large businesses, especially those that sell hardware or keep stock.

4) Dynamics 365 Business Central

The best part about Microsoft Dynamics is that it functions well as an all-purpose ERP. Microsoft Dynamics Business Central API Integration may be used by both small and large businesses, however, it is best suited for those that only want the fundamental accounting features. Microsoft Dynamics 365 Finance, on the other hand, is designed for larger enterprises that need a more distinctive and potent feature set. MS Dynamics 365 Finance is used by businesses like Coca-Cola and Hitachi to handle their financial requirements.

Looking for Dynamics 365 Business Central API Integration Services?

Microsoft Business Central is used by more than 15,000 businesses, while Microsoft Dynamics 365 Finance and Operations is used by more than 700 big firms.

5) Sage Intacct

One of the most widely utilized cloud ERPs with an accounting focus is called Sage Intacct. Sage Intacct is one of the most popular products in the US, despite the fact that the Sage family of products includes several others (Sage 50, Sage 100, Sage 300, and so on).

For non-profits, Intacct particularly succeeds as an ERP or accounting platform because of its financial management tools. Sage Intacct is used by some of the top firms in the world, including Grubhub, Marketo, and Kayak.

Sage Intacct helps over 14,000 (mainly mid-market) businesses assist their accounting staff. Sage Intacct is an integration that you should unquestionably provide if you’re going for small to mid-market business clientele.

Conclusion

The process of providing accounting connections can be difficult and filled with risks. By applying our Custom Integration and our single architecture for accounting and ERP interfaces, Satva Solutions enables you to provide all these integrations.