G2 Crowd Mid-Market Grid® Report for Accounting | Spring 2019
Accounting Software Definition
Accounting software helps businesses streamline and automate finance management processes. This helps companies ensure their books are accurate and cuts down on the time it takes for recurring processes such as invoicing and reconciliation.
Accounting software products vary in complexity and the features offered; many products are optimized for use by companies of a certain size, such as enterprise-level businesses or SMBs (small to medium sized businesses). Depending on the scale of the product, they can include features for payroll processing, as well as time and expense cost tracking. Some accounting solutions include industry-specific features such as project accounting for professional services companies and fund accounting for not-for-profit organizations.
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