We take pride in building long-term relationships with clients and providing ongoing support whenever needed. This dedication to customer satisfaction is reflected in their positive reviews and high client retention rate. Get ready to discover how these contenders can elevate your financial management experience while keeping your bottom line healthy. Let us help your business find the best tools and solutions to thrive and grow. Businesses seeking a long-term partner may want to carefully evaluate whether relying on a platform like ClientBooks aligns with their need for independence and access to their financial information.
Whether you prefer hands-on support or a DIY approach, here are the key factors to consider to make an informed choice.
Top Bench Accounting Alternatives
- As a seasoned SaaS expert, I’ve spent countless hours reviewing and testing various accounting tools to help businesses streamline their financial operations.
- While Bench Accounting is primarily for bookkeeping, it may not meet the needs of businesses that require accrual-based bookkeeping since it is much more suitable for cash-based accounting.
- The average cost of accounting software for small businesses ranges from $7 to $300 per month, with base plans running around $50 monthly.
- For businesses that require accrual basis accounting, Pilot offers an advanced platform to support growth.
- Among them, my top pick is QuickBooks Live due to its robust feature set, scalability, and competitive pricing.
- If you have historical financial data in Bench, look for an alternative that offers migration services to transition your records.
Evaluate small business accounting services to find the right solution for tracking money, analyzing profitability, and organizing financial transactions for tax time. The best accounting software offers affordable pricing tiers and has a clean, user-friendly layout. Additionally, several options provide free accounting apps for startups and freelancers with advanced versions available as your company grows. While some providers focus solely on basic bookkeeping or transactional tasks, CoCountant handles your financial operations end-to-end. Businesses can choose between cash-basis or accrual-basis accounting, with services customized to meet their specific needs. Services include bookkeeping (cash or accrual), payroll, invoicing, bill payments, and detailed financial reporting.
With simpler bookkeeping solutions, you may need to import bank data and manually match transactions. Conversely, automated reconciliation features match bank activities to general ledger entries and flag discrepancies. Most use double-entry accounting, which complies with generally accepted accounting principles (GAAP). Explore the top small business accounting services and an in-depth guide to choosing bookkeeping software for your budget, business model, and needs. Several business owners told us that they used Wave in their business’s early stages but pivoted to another program (usually QuickBooks) when their needs increased.
AccountsIQ
You can use its time tracking tools to record your hours worked, then use its billing function to generate invoices and automatically accept card payments. Since everything is recorded in one central location, you get a complete overview of the financial health of your business. Whether you’re a startup looking for streamlined solutions or an established business aiming for enhanced performance, exploring alternatives could unlock new possibilities tailored just for you.
Why doola Is the Best Fit for Your Business?
It’s time to move beyond the uncertainty and find a bookkeeping partner you can trust. Let CoCountant show you what dependable, personalized financial management looks like. With no hidden fees or hourly rates, their transparent, fixed pricing gives you the confidence to plan your finances without surprises. QuickBooks Live 2 , an add-on service from Intuit, complements QuickBooks Online by offering professional bookkeeping support. It’s a practical choice for small business owners who already use QuickBooks Online and need help managing their books.
Best Bench Accounting Alternatives in 2025
The Vancouver-based start-up’s notice of closure left businesses that use its software scrambling for solutions, right as year-end and tax season loomed. But by the following Monday, payroll and onboarding tech company Employer.com announced its acquisition of Bench in a last-minute deal, and customer logins were restored. Most bookkeeping platforms offer flexible pricing plans tailored according to business size and needs – making it a cost-effective choice compared to traditional accounting services.
Our best expert advice on how to grow your business — from attracting new customers to keeping existing customers happy and having the capital to do it. However, like Xero and QuickBooks, Zoho might be too unwieldy for smaller businesses that plan to stay small. Follow these steps to ensure a seamless migration and set your business up for success with your new bookkeeping solution. For a more detailed comparison of Pilot and Bench features, pricing, and reviews, check out this Pilot vs Bench comparison.
Bench and the Bench alternatives listed above all charge flat monthly rates based on your monthly expenses, using various tiered subscription plans. Use your must-have features list (see tip in the migration guide below) to help you compare pricing models and find the best value for your business. VC-backed bookkeeping platform Bench Accounting caused widespread panic among its customers after abruptly shutting down on Friday, December 27, 2024, locking thousands out of their accounts.
By the time they are ready, the information will become outdated and not useful for decision-making. Tax laws are constantly changing, and failing to keep up with them can lead to penalties and fines for businesses. However, these bookkeeping platforms help businesses stay updated with changing tax laws, making it easier to file accurate and timely tax returns. Service-based business owners and freelancers may want accounting apps that let them bench accounting competitors send estimates, quotes, and invoices. It’s also convenient to snap and send photos of receipts or other financial documents, view key financial metrics, and track time or miles.
However, simple reporting tools may lack advanced options for analyzing trends over time or filtering by project, account, or location. But choosing accounting services that meet your needs and budget can be challenging. This guide explores cloud-based accounting software costs and goes through what to look for, whether you’re a contractor with basic bookkeeping skills or an owner with several entities. “Zoho Books is leaner but still powerful,” says Zarina Bahadur, the founder and CEO of subscription service 123 Baby Box. I can manage invoicing and expense tracking along with automation features for only $20/month without extra unnecessary features.
Whether you’re a startup, solopreneur, or established small business, there’s a Bench alternative out there for you. Know their technology stack, contract renewal date, top decision-makers, hiring trends, and top company news in one place. The top three geographies of Bench for accounting are the United States with 166(46.24%), Australia with 79(22.01%), United Kingdom with 27(7.52%) customers respectively. Unify your business back office with doola—an all-in-one platform that handles LLC Formation, Bookkeeping, Taxes, and E-commerce Analytics. It is costly compared to Bench but can be useful for those who also need CFO services.
The best accounting software and tools for content creators
Also, factor in time and wages for backing up your files, training, and implementation. If you’ve landed here, chances are you’re already aware of the disruption Bench’s sudden shutdown caused for over 11,000 small business owners. Read reviews from verified users on third-party sites like Capterra and G2 to see how each Bench alternative stacks up in terms of features, ease of use, customer service and value for money.
Make sure to read both the pros and cons to get a realistic view of the software in regular use. One of the best alternatives to Bench, doola Bookkeeping is an all-in-one solution that handles your back-office needs, including bookkeeping, accounting and tax filings. So you get more time to concentrate on scaling your business instead of being buried under endless paperwork. Instead of providing real-time updates like most accounting software, Bench finalizes books for a given month at least a month later.
- Whether you’re a startup looking for streamlined solutions or an established business aiming for enhanced performance, exploring alternatives could unlock new possibilities tailored just for you.
- These concerns may have you looking for the best alternatives to Bench Accounting.
- While Bench Accounting has carved out its niche as a trusted name in online bookkeeping services, it’s not the only player in the field.
- Consider Bookkeeper360 for your business if you value real-time, comprehensive financial insights at your fingertips.
- Evaluate small business accounting services to find the right solution for tracking money, analyzing profitability, and organizing financial transactions for tax time.
- With its wide range of features and user-friendly interface, it has become a popular choice for businesses of all sizes.
These concerns may have you looking for the best alternatives to Bench Accounting. Among them, my top pick is QuickBooks Live due to its robust feature set, scalability, and competitive pricing. Find the perfect blend of affordability, functionality, and simplicity for your business needs. This happened once before and it wasn’t until I filed a complaint with Trustpilot that they jumped on it to resolve it. This list explores the top 5 alternatives to Bench, catering to a diverse range of needs. Finding the right replacement for Bench starts with understanding your business’s needs.
Look for a Bench alternative that automates manual tasks like data entry, invoicing, and reporting. Chief among these is the impact of layoffs during the shutdown, which raises concerns about Bench’s service quality and platform reliability both during the transition and in the long term. Our team of highly trained bookkeepers and accountants supports you every step of the way, ensuring compliance with all financial requirements.
A bookkeeping platform provides you with a centralized and efficient solution for recording, organizing, and analyzing financial transactions. They will help you stay on top of your finances by creating monthly or quarterly reports that outline all profits, losses, and cash flow. Consider Xendoo over Bench for its more personalized service, including a dedicated accountant and CPA consultation, coupled with real-time access to financial data and reports. If you want to set up more users and need more advanced features, go with their advanced plan costing $117 per month.