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The right enterprise accounting software can transform how you manage finances, giving you better insights, automation, and room to grow. But sticking with outdated tools? Well, now that’s a recipe for inefficiencies and missed opportunities.

As a financial controller, I’ve experienced the challenges of managing complex financial systems. That experience helped me uncover the top enterprise accounting tools that are practical, powerful, and built for busy professionals like you.

If you’re a CFO or financial pro looking for tools to streamline workflows, improve reporting, or handle multi-entity management with ease, this list has you covered. Let’s find the perfect fit for your needs!

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Best Enterprise Accounting Software Summary

This comparison chart summarizes pricing details for my top enterprise accounting software selections to help you find the best one for your budget and business needs.

Tool Best For Trial Info Price
1
FloQast

FloQast simplifies accounting workflows for faster month-end close processes.

Best for closing books quickly

Free demo available

Pricing upon request Website
2
Acumatica

Acumatica is a cloud ERP for managing mid-sized business operations remotely.

Best for cloud-based access

Free demo available

Pricing upon request Website
3
Tradogram

Tradogram is a cloud tool for improving business procurement processes.

Best for procurement features

Free plan + demo available

From $198/month Website
4
SAP S/4HANA Cloud

SAP S/4HANA Cloud is an ERP solution for global enterprises' core functions.

Best for global enterprises

Free demo available

Pricing upon request Website
5
Certinia

Certinia is a financial tool for managing compliance and accurate records.

Best for compliance needs

Free demo available

Pricing upon request Website
6
Odoo

Odoo offers customizable business solutions for small to medium enterprises.

Best for open-source flexibility

Free plan + trial available

From $25/user/month (billed annually) Website
7
QuickBooks Enterprise

QuickBooks Enterprise simplifies financial management for large teams and businesses.

Best for large teams

Free trial + demo available

From $550/month Website
8
Multiview

Multiview is ERP software for financial management in mid to large businesses.

Best for financial reporting

Free demo available

Pricing upon request Website
9
Xero

Xero helps small businesses manage finances and track financial health.

Best for small businesses

30-day free trial

From $1/month (for 6 months, then $20/month) Website
10
Dynamics 365 Business Central

Dynamics 365 Business Central is an ERP for SMBs, managing operations easily.

Best for integration with Microsoft

30-day free trial

From $8/user/month Website

Best Enterprise Accounting Software Review

Below are my detailed summaries of the best enterprise accounting software that made it onto my shortlist. My reviews offer an in-depth look at the key features, pros & cons, integrations, and ideal use cases of each tool to help you find the best one for you.

Best for closing books quickly

  • Free demo available
  • Pricing upon request
Visit Website
Rating: 4.7/5

FloQast is an accounting workflow automation tool aimed at finance teams looking to speed up their month-end close process. It helps streamline reconciliation, collaboration, and documentation tasks.

Why I picked FloQast: FloQast is designed to help your team close the books quickly and accurately. The software offers key features like automated checklists and centralized documentation to reduce the time spent on manual tasks. You can also monitor your team's progress with real-time dashboards. These features, combined with FloQast's focus on enhancing the closing process, makes it a valuable tool for finance departments.

Standout features & integrations:

Features include automated checklist management that ensures all tasks are completed. It also offers centralized documentation storage for easy access, and real-time dashboards to track close progress.

Integrations include NetSuite, QuickBooks, Sage Intacct, Microsoft Dynamics, Xero, SAP, Workday, BlackLine, and Coupa.

Pros and cons

Pros:

  • Enhances team collaboration
  • Real-time tracking capabilities
  • Centralized document storage

Cons:

  • Not ideal for very small teams
  • Limited customization options

Best for cloud-based access

  • Free demo available
  • Pricing upon request
Visit Website
Rating: 4.4/5

Acumatica is a cloud-based ERP solution created to support mid-sized businesses, enabling easy management of essential business operations remotely.

Why I picked Acumatica: Acumatica is perfect for businesses needing cloud-based access to their data. With features like mobile access and a user-friendly interface, you can ensure your team can work from anywhere. The tool also provides flexible deployment options, allowing on-premise or cloud hosting. Overall, Acumatica's scalable architecture supports growing businesses and dynamic needs.

Standout features & integrations:

Features include mobile access to manage your business on the go. The software also offers a user-friendly interface that simplifies navigation, and flexible deployment options for cloud or on-premise hosting.

Integrations include Salesforce, Shopify, Avalara, BigCommerce, Microsoft Dynamics, HubSpot, Magento, Adobe Commerce, Docusign, and PayPal.

Pros and cons

Pros:

  • Flexible deployment options
  • Supports multiple industries
  • Cloud access from any device

Cons:

  • Limited offline capabilities
  • May require an initial setup time

Best for procurement features

  • Free plan + demo available
  • From $198/month
Visit Website
Rating: 4.5/5

Tradogram is a cloud-based procurement management tool designed for businesses of various sizes looking to enhance their purchasing processes.

Why I picked Tradogram: Tradogram focuses on optimizing procurement processes, which is vital for businesses aiming to manage costs effectively. With key features like supplier management and purchase order management automation, you can streamline your procurement activities. You can also set and monitor budgets with ease, ensuring financial control. Along with these notable features, Tradogram’s emphasis on procurement efficiency makes it a valuable asset for businesses aiming to optimize their purchasing workflows.

Standout features & integrations:

Features include advanced supplier management that helps track and evaluate suppliers. It also offers automated purchase orders to simplify buying processes, and budget control tools that ensure spending stays on track.

Integrations include QuickBooks, Xero, SAP, Microsoft Dynamics, Oracle NetSuite, Sage, Zoho, FreshBooks, and ADP.

Pros and cons

Pros:

  • Simplifies budget tracking
  • Streamlines purchase order processes
  • Efficient supplier management tools

Cons:

  • May need integration support
  • May require setup time

Best for global enterprises

  • Free demo available
  • Pricing upon request

SAP S/4HANA Cloud is an enterprise resource planning (ERP) solution designed for large global enterprises. It supports various business functions like finance, supply chain, and manufacturing.

Why I picked SAP S/4HANA Cloud: SAP S/4HANA Cloud is tailored for global enterprises, offering features that support international operations and compliance. The tool provides real-time data processing, which helps you make quick business decisions. You can also manage complex supply chains with its integrated planning and execution tools. Additionally, SAP S4/HANA Cloud provides the ability to handle multiple currencies and languages, which only further adds to its global appeal.

Standout features & integrations:

Features include real-time data analytics that enhance decision-making. Plus, it offers integrated supply chain management to ensure smooth operations, and multi-language support for international teams.

Integrations include Microsoft Azure, Google Cloud, Amazon Web Services, Salesforce, Ariba, SuccessFactors, Concur, Qualtrics, SAP BusinessObjects, and SAP Analytics Cloud.

Pros and cons

Pros:

  • Handles multi-currency transactions
  • Integrated supply chain tools
  • Multi-language capabilities

Cons:

  • Requires significant IT resources
  • High complexity for new users

Best for compliance needs

  • Free demo available
  • Pricing upon request

Certinia is a compliance-focused financial management tool aimed at businesses that need to meet strict regulatory requirements. It assists in maintaining accurate records and fulfilling compliance obligations across various industries.

Why I picked Certinia: Certinia is designed for businesses where compliance is a top priority, offering features that simplify regulatory adherence. The software’s tools for real-time auditing and reporting ensure you meet industry standards efficiently. It also provides detailed record-keeping and transaction tracking to help you avoid compliance pitfalls. 

Standout features & integrations:

Features include real-time auditing tools that help maintain compliance. Additionally, the software offers detailed transaction tracking to ensure accurate records and advancded reporting capabilities to support regulatory needs.

Integrations include Salesforce, Microsoft Dynamics, QuickBooks, SAP, Oracle NetSuite, Sage Intacct, Workday, ADP, and Xero.

Pros and cons

Pros:

  • Real-time auditing capabilities
  • Detailed transaction tracking
  • Comprehensive reporting features

Cons:

  • Complex setup process
  • Requires ongoing maintenance

Best for open-source flexibility

  • Free plan + trial available
  • From $25/user/month (billed annually)

Odoo is a suite of open-source business applications designed for small to medium-sized enterprises. It offers a range of solutions that provide flexibility and customization to fit various business needs.

Why I picked Odoo: Odoo offers open-source flexibility, allowing you to customize it to meet your business requirements. It offers modular design features to enable you to add or remove applications as needed. You can also tailor the software to suit specific processes with its customizable workflows. Overall, Odoo’s adaptability makes it a versatile choice for businesses looking for more tailored solutions.

Standout features & integrations:

Features include a modular design that lets you choose the applications you need. The software also provides customizable workflows to fit your business processes, and a user-friendly interface that simplifies navigation.

Integrations include Shopify, WooCommerce, Amazon, eBay, PayPal, Stripe, FedEx, UPS, QuickBooks, and DHL.

Pros and cons

Pros:

  • Open-source flexibility
  • Supports multiple business functions
  • Highly customizable modules

Cons:

  • Complexity increases with more modules
  • May need additional support

Best for large teams

  • Free trial + demo available
  • From $550/month

QuickBooks Enterprise is a powerful accounting solution tailored to support the needs of large teams and expanding businesses, helping manage essential financial processes with ease.

Why I picked QuickBooks Enterprise: QuickBooks Enterprise is built to accommodate large teams, making collaboration easy across departments. The software offers key features like advanced inventory management and customizable reporting to help cater to complex business needs. With QuickBooks Enterprise, you can also manage payroll and track expenses efficiently, while its strong toolset aids in scalability and flexibility.

Standout features & integrations:

Features include advanced pricing control to manage pricing rules. QuickBooks Enterprise also provides industry-specific reporting tailored to your field, and a dedicated customer support team to assist with complex queries.

Integrations include Salesforce, Shopify, PayPal, Square, HubSpot, Bill.com, Expensify, TSheets, Method CRM, and Webgility.

Pros and cons

Pros:

  • Industry-specific tools
  • Advanced inventory features
  • Supports multiple users

Cons:

  • Requires regular updates
  • Complex setup process

Best for financial reporting

  • Free demo available
  • Pricing upon request

Multiview is an enterprise resource planning (ERP) software designed for mid-to large-sized businesses focusing on financial management and reporting.

Why I picked Multiview: Multiview’s strong financial reporting capabilities make it ideal for companies needing detailed insights. The software offers customizable reports and dashboards to provide you with the flexibility to view financial data in various formats. It also provides budgeting tools that help you plan and allocate resources effectively, as well as the ability to generate detailed financial analysis to support strategic decision-making.

Standout features & integrations:

Features include customizable dashboards that allow you to view financial data in real time. Multiview also provides budgeting tools for effective resource allocation, and detailed financial analysis capabilities to support decision-making.

Integrations include Salesforce, Microsoft Excel, QuickBooks, ADP, SAP, Concur, Sage, Workday, and Oracle NetSuite.

Pros and cons

Pros:

  • Supports strategic decision-making
  • Customizable data visualization
  • Strong financial reporting tools

Cons:

  • May need technical support
  • Requires training for optimal use

Best for small businesses

  • 30-day free trial
  • From $1/month (for 6 months, then $20/month)

Xero is a tool created to help small business owners handle their financial tasks effectively and maintain a clear view of their financial well-being.

Why I picked Xero: Xero stands out for its focus on small businesses, offering features like easy invoicing, bank reconciliation, and expense management. These features make it straightforward for you to handle everyday financial tasks. It also provides a dashboard with real-time data to help you monitor financial performance with ease.

Standout features & integrations:

Features include a mobile app for accounting on the go. The software also provides customizable invoices to fit your brand and a simple dashboard that shows your financial status at a glance.

Integrations include PayPal, Stripe, HubSpot, Gusto, Square, Shopify, Expensify, Mailchimp, Bill.com, and Vend.

Pros and cons

Pros:

  • Real-time financial dashboard
  • Customizable invoices
  • Mobile app for easy access

Cons:

  • Limited payroll support in some regions
  • Complex for larger businesses

Best for integration with Microsoft

  • 30-day free trial
  • From $8/user/month

Dynamics 365 Business Central is an advanced ERP solution tailored to meet the needs of small and medium-sized businesses, offering tools to manage various aspects of operations while ensuring compatibility with Microsoft platforms.

Why I picked Dynamics 365 Business Central: Dynamics 365 Business Central is ideal for businesses already using Microsoft tools, ensuring smooth data entry flow and integration. It provides key features like financial reporting and inventory management to help you streamline business processes. You can also enhance productivity with its project management capabilities and easily integrate your processes with other Microsoft products.

Standout features & integrations:

Features include advanced financial reporting that provides deep insights into your business performance. Dynamics 365 Business Central also offers inventory management tools to keep track of stock levels, and project management capabilities to improve productivity.

Integrations include Microsoft Office 365, Power BI, Outlook, Excel, Word, SharePoint, Dynamics 365 for Sales, Microsoft Teams, LinkedIn, and Azure.

Pros and cons

Pros:

  • Scalable for growing businesses
  • Enhances project management
  • Supports inventory management

Cons:

  • Requires Microsoft ecosystem familiarity
  • Initial setup can be complex

Other Enterprise Accounting Software

Here are some additional enterprise accounting software options that didn’t make it onto my shortlist, but are still worth checking out:

  1. BlackLine Studio 360

    For automation

  2. Sage Intacct

    For real-time insights

  3. Workday

    For financial management

  4. Planful

    For budgeting and forecasting

  5. Vena

    For Excel integration

  6. Deacom ERP

    For batch manufacturing

  7. NetSuite Enterprise Resource Planning System

    For integrated business processes

  8. BillingPlatform

    For complex billing needs

Enterprise Accounting Software Selection Criteria

When selecting the best enterprise accounting software to include in this list, I considered common buyer needs and pain points like scalability for growing businesses and compliance with industry regulations. I also used the following framework to keep my evaluation structured and fair: 

Core Functionality (25% of total score)
To be considered for inclusion in this list, each solution had to fulfill these common use cases:

  • Manage financial reporting and bookkeeping
  • Handle accounts payable and accounts receivable
  • Track budgeting and forecasting for cash flow
  • Ensure compliance with regulations and permissions
  • Support multi-currency transactions

Additional Standout Features (25% of total score)
To help further narrow down the competition, I also looked for unique features, such as:

  • Customizable dashboards
  • Advanced data analytics
  • Real-time integration capabilities
  • AI-driven automation
  • Industry-specific modules

Usability (10% of total score)
To get a sense of the usability of each system, I considered the following:

  • Intuitive interface design
  • Easy navigation
  • Minimal learning curve
  • Customizable user settings
  • Consistent performance across devices

Onboarding (10% of total score)
To evaluate the onboarding experience for each platform, I considered the following:

  • Availability of training videos
  • Access to interactive product tours
  • Comprehensive user manuals
  • Presence of chatbots for assistance
  • Regular webinars for deeper understanding

Customer Support (10% of total score)
To assess each software provider’s customer support services, I considered the following:

  • Availability of 24/7 support
  • Access to a knowledge base
  • Responsiveness of the support team
  • Options for live chat assistance
  • Quality of troubleshooting guides

Value For Money (10% of total score)
To evaluate the value for money of each platform, I considered the following:

  • Competitive pricing models
  • Availability of flexible payment plans
  • Inclusion of essential features in the base plan
  • Cost-benefit ratio compared to competitors
  • Discounts for long-term commitments

Customer Reviews (10% of total score)
To get a sense of overall customer satisfaction, I considered the following when reading customer reviews:

  • Feedback on software reliability
  • Satisfaction with customer service
  • Ease of integration with other tools
  • Overall user satisfaction
  • Frequency of updates and improvements

How To Choose Enterprise Accounting Software

It’s easy to get bogged down in long feature lists and complex pricing structures. To help you stay focused as you work through your unique software selection process, here’s a checklist of factors to keep in mind:

FactorWhat to Consider
ScalabilityEnsure the software can grow with your business and accounting needs. Look for solutions that accommodate increasing users and transactions without compromising performance.
IntegrationsCheck if the software integrates with your existing tools. Easy connectivity with CRM, payment gateways, and other accounting features and systems is crucial for efficiency.
CustomizabilityAssess the level of customization available to tailor the enterprise accounting platform to your specific processes. This helps in meeting unique business requirements.
Ease of UseLook for intuitive interfaces that simplify navigation. Your team should be able to pick it up quickly without extensive training.
BudgetConsider the total cost of ownership, including licensing fees, support, and potential add-ons. Make sure it fits within your financial plans.
Security SafeguardsVerify the software’s security measures to protect sensitive financial data. Look for features like encryption, multi-factor authentication, and regular updates.
Reporting FeaturesEnsure the software offers strong reporting capabilities to generate accurate financial insights. For example, customizable reports can aid in strategic decision-making.
Customer SupportEvaluate the availability and quality of support services. Responsive and knowledgeable customer service can be a lifesaver when issues arise, regardless whether you’re in ecommerce, retail, or a corporate setting.

In my research, I sourced countless product updates, press releases, and release logs from different enterprise accounting software vendors. Here are some of the emerging trends I’m keeping an eye on:

  • AI and Machine Learning: These technologies are being used to enhance data analytics and predictive insights. They help identify patterns and anomalies in financial data, aiding in quicker decision-making. Some vendors are even integrating AI to automate complex tasks like fraud detection.
  • Blockchain for Security: Blockchain technology is gaining traction for its ability to provide secure and transparent transaction records. This trend is particularly useful for industries requiring high levels of data integrity and security. 
  • Cloud-First Development: Now, more vendors are prioritizing cloud deployment over on-premise solutions. This approach offers scalability and remote access, which is essential for modern businesses adapting to flexible work environments.
  • Sustainability Reporting: As businesses focus on environmental impact, accounting software is starting to include sustainability metrics. This trend helps companies track and report on their carbon footprint and resource usage, aligning financial strategies with sustainability goals.
  • Real-Time Data Processing: The demand for immediate insights is pushing software to offer real-time data processing capabilities. This feature allows businesses to access up-to-date financial information, facilitating more agile and informed decision-making processes.

What Is Enterprise Accounting Software?

Enterprise accounting software is a suite of tools designed to manage and automate the financial processes of large organizations. Typically used by finance professionals, accountants, and CFOs, it provides users with the ability to manage complex financial tasks efficiently. 

These tools generally offer key features like real-time data and payment processing, AI-driven insights, and blockchain security to help with decision-making, compliance, and data integrity. Overall, enterprise accounting software provides businesses with the ability to maintain financial accuracy and visibility.

Features of Enterprise Accounting Software

When selecting enterprise accounting software, keep an eye out for the following key features and professional services:

  • Real-Time Data Processing: Offers immediate access to financial data, aiding quick decision-making.
  • AI-Driven Insights: Uses artificial intelligence to analyze trends and provide predictive analytics.
  • Blockchain Security: Ensures secure and transparent transaction records, enhancing trust and integrity.
  • Customizable Dashboards: Allows users to tailor their view with relevant financial metrics for better monitoring.
  • Multi-Currency Support: Facilitates transactions in various currencies, essential for global operations.
  • Sustainability Reporting: Tracks environmental metrics to align financial strategies with sustainability goals.
  • Advanced Financial Reporting: Provides detailed financial reports for insights into business performance for asset management and audit trails.
  • Scalable Architecture: Grows with your business, accommodating a larger number of users and data as needed.
  • Cloud-First Development: Offers remote access and flexibility, crucial for distributed teams.
  • Integration Capabilities: Connects easily with other business tools, improving efficiency and data flow for accounting processes.

Benefits of Enterprise Accounting Software

Implementing enterprise accounting software provides several benefits for your team and your business. Here are a few you can look forward to:

  • Improved Financial Accuracy: Real-time data processing helps reduce errors and ensures precise accounting for financial reports and general ledgers.
  • Enhanced Decision-Making: AI-driven insights offer predictive analytics, aiding strategic planning, especially for small business accounting processes.
  • Increased Data Security: Blockchain security provides secure and transparent transaction records.
  • Scalability: Scalable architecture allows the software to grow with your business, accommodating more users and data.
  • Global Operations Support: Multi-currency support enables smooth financial transactions across different countries.
  • Sustainability Tracking: Sustainability reporting aligns financial goals with environmental impact objectives.
  • Efficient Workflow Integration: Integration capabilities connect the software with other business tools, enhancing overall efficiency.

Costs and Pricing of Enterprise Accounting Software

Selecting enterprise accounting software requires an understanding of the various pricing models and plans available. Costs vary based on features, team size, add-ons, and more. The table below summarizes common plans, their average prices, and typical features included in enterprise accounting software solutions:

Plan Comparison Table for Enterprise Accounting Software

Plan TypeAverage PriceCommon Features
Free Plan$0Basic invoicing, expense tracking, and limited reporting.
Personal Plan$10-$30/ user/monthEnhanced reporting, budgeting tools, and multi-currency support.
Business Plan$30-$60/ user/monthAdvanced financial reporting, integration capabilities, and customizable dashboards.
Enterprise Plan$60-$120/ user/monthReal-time data processing, AI-driven insights, blockchain security, and scalability features.

Enterprise Accounting Software FAQs

Here are some answers to common questions about enterprise accounting software:

What is the difference between an ERP and an accounting system?

An ERP system offers a broader range of business process management capabilities than a traditional accounting system. While accounting systems focus on financial management, ERP systems integrate more robust financial features with extensive operational functionalities, covering areas like supply chain and human resources.

How does enterprise accounting software support business growth?

Enterprise accounting software supports growth by offering scalability and advanced financial management tools. It can handle increasing data loads and user numbers, helping businesses manage complex financial operations efficiently. Plus, added features like multi-currency support and real-time data processing aid in expanding to global markets.

Can enterprise accounting software integrate with existing tools?

Yes, many enterprise accounting software solutions offer integration capabilities with existing tools like CRMs, payment gateways, and inventory management systems. This integration is crucial for maintaining data consistency and streamlining workflows across different departments in your business.

How do AI-driven insights benefit enterprise accounting software users?

AI-driven insights analyze large data sets to identify trends and forecast future financial scenarios. This capability helps users make informed decisions by highlighting potential risks and opportunities. For example, AI can automate anomaly detection, reducing the time spent on manual data checks.

What's Next?

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Drew Robertson
By Drew Robertson

Drew currently works as the Financial Controller for Black & White Zebra, leading the finance department for the company. Prior to BWZ, he was at EY for six years, including two as a manager.

He received his undergraduate degree at the Ivey Business School in Canada and MBA from Oxford University.