18 Best Logistics Accounting Software Reviewed In 2024
Best Logistics Accounting Software Shortlist
Here’s my shortlist of the best logistics accounting software:
Our one-on-one guidance will help you find the perfect fit.
Managing finances in the logistics sector is no small feat—especially when it comes to juggling cost tracking, invoicing, and maintaining compliance all at once. But thankfully, logistics accounting software can help ease these burdens by automating tasks and providing real-time insights.
I've spent years reviewing and testing these tools independently, ensuring you get an unbiased view of what's out there. In this article, I'll share my top picks, focusing on solutions that improve efficiency and accuracy for your team.
Below, you'll find a detailed comparison of features, pros and cons, and pricing to help you make an informed decision. Let's dive in and discover the best logistics accounting software for your needs.
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Best Logistics Accounting Software Summary
This comparison chart summarizes pricing details for my top logistics accounting software selections to help you find the best one for your budget and business needs.
| Tools | Price | |
|---|---|---|
| Shipthis | From $89/user/month | Website |
| Account-Trak | Pricing upon request | Website |
| Logistiqo | From $8.99/user/month (billed annually) | Website |
| Logisuite Financials | Pricing upon request | Website |
| Linbis | From $150/user/month | Website |
| FleetRunnr | From $168/month (billed annually) | Website |
| Tyms | From $120/year | Website |
| Logi-Sys | Pricing upon request | Website |
| Xero | From $1.42/month | Website |
| OnAccount | Pricing upon request | Website |
Compare Software Specs Side by Side
Use our comparison chart to review and evaluate software specs side-by-side.
Compare SoftwareHow to Choose a Logistics 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:
| Factor | What to Consider |
| Scalability | Ensure the software can grow with your business, handling increased transactions without a hitch. |
| Integrations | Check if it connects with your existing systems like ERP or CRM for faultless data flow. |
| Customizability | Look for options that let you tailor reports and dashboards to fit your operations. |
| Ease of Use | Pick software that's intuitive for your team, reducing the learning curve. |
| Budget | Evaluate if the cost aligns with your financial plan and offers value for its features. |
| Security Safeguards | Confirm it meets industry standards to protect sensitive financial information. |
| Customer Support | Reliable support can save time and resolve issues quickly. Consider the software’s availability, customer channels, and forums for additional assistance. |
| Compliance | Check if it adheres to relevant accounting standards and regulations in your region. |
Best Logistics Accounting Software Reviews
Below are my detailed summaries of the best logistics accounting software that made it onto my shortlist. My reviews offer an inside look at the key features, pros & cons, integrations, and ideal use cases of each tool to help you find the best one for you.
Shipthis is a logistics accounting software designed for freight forwarding companies, focusing on freight and shipment management. It provides tools for rate management and customer relationship management to improve business operations.
Why I picked Shipthis: Shipthis’ specialization in freight forwarding sets it apart from other logistics accounting systems. Its customer engagement portal allows clients to request quotes and track shipments easily, while the software supports multi-modal shipments and trade compliance, ensuring you meet industry standards. You can also manage invoices and roles through its advanced CRM, making it ideal for freight operations.
Standout features & integrations:
Features include real-time shipment tracking, automated workflows, and customizable reports. You can manage multiple branches from a single platform, making it easier to oversee operations. The software also supports eAWB submissions and trade compliance, which helps you stay compliant with industry regulations.
Integrations include QuickBooks, Xero, Microsoft Dynamics, Oracle NetSuite, SAP, Salesforce, Mailchimp, Google Workspace, Slack, and Microsoft Teams.
Pros and cons
Pros:
- Multi-modal shipment support
- Customizable reports and analytics
- Advanced trade compliance features
Cons:
- Limited customization for some features
- Might be complex to set up
Account-Trak is a logistics accounting software tailored for freight forwarding companies, focusing on tracking shipments and managing financial transactions. It provides tools for efficient freight tracking and accounting processes to support logistics businesses.
Why I picked Account-Trak: Account-Trak’s focus on freight tracking makes it ideal for logistics firms. The software offers real-time tracking capabilities that let you monitor shipments closely, while its advanced accounting features ensure accurate financial management. You can also generate detailed reports within the platform to keep track of your business's financial health.
Standout features & integrations:
Features include advanced freight management tools that simplify tracking shipments from origin to destination, and an invoicing system that allows you to create and manage invoices efficiently. The software also provides customizable reporting options to help you generate insights tailored to your business needs.
Integrations include SAP, Oracle NetSuite, QuickBooks, Microsoft Dynamics, Salesforce, Xero, Google Workspace, Dropbox, Slack, and Mailchimp.
Pros and cons
Pros:
- Supports detailed financial management
- Efficient invoicing system
- Real-time shipment tracking
Cons:
- Limited customization for niche needs
- Requires technical setup knowledge
Logistiqo is a logistics accounting software tailored for European businesses, focusing on transport and logistics industry management. It offers advanced solutions for freight forwarding, billing, and fleet management.
Why I picked Logistiqo: Logistiqo caters specifically to the European market, ensuring compliance with regional regulations. The software’s advanced scheduling features help you manage freight efficiently, accommodating different transport modes. It also supports detailed billing and invoicing processes, which is vital for European companies. Overall, Logistiqo’s fleet management capabilities let you oversee vehicles and drivers from one platform.
Standout features & integrations:
Features include a dynamic scheduling engine that adapts to changes in transport demands. You can track fleet utilization and maintenance to optimize vehicle use. The billing system also accommodates multiple currencies, which is essential for cross-border operations.
Integrations include SAP, Microsoft Dynamics, QuickBooks, Xero, Salesforce, Oracle NetSuite, Google Workspace, Slack, Dropbox, and HubSpot.
Pros and cons
Pros:
- Advanced freight scheduling tools
- Supports multiple transport modes
- Tailored for European regulations
Cons:
- Requires frequent updates
- Steep learning curve for new users
Logisuite Financials is an integrated accounting solution designed for logistics companies, particularly those based in Miami. It handles accounting, freight management, and financial reporting to improve logistics operations.
Why I picked Logisuite Financials: Logisuite Financials’ tailored to meet the needs of Miami-based logistics firms. The software provides advanced financial management tools, enabling you to handle billing and invoicing efficiently. Its freight management capabilities also let you track shipments and manage logistics tasks seamlessly. Additionally, detailed financial reporting tools offer insights into your business performance, allowing you to make informed decisions based on your company needs.
Standout features & integrations:
Features include an inventory management system that helps you keep track of stock levels and movements. The software also supports multiple currencies, essential for businesses operating internationally and offers customizable dashboards to view key performance indicators quickly.
Integrations include QuickBooks, Xero, SAP, Oracle NetSuite, Microsoft Dynamics, Salesforce, Slack, Google Workspace, Dropbox, and HubSpot.
Pros and cons
Pros:
- Customizable dashboard for quick insights
- Supports multiple currencies
- Tailored for Miami-based logistics firms
Cons:
- May have a steep learning curve
- Requires technical setup knowledge
Linbis is a logistics accounting software designed for small logistics companies, focusing on freight management and accounting functions. It helps businesses handle shipping, warehousing, and invoicing tasks efficiently.
Why I picked Linbis: Linbis is tailored for small logistics firms, providing features that cater to their unique needs. The software offers a user-friendly interface that simplifies freight tracking and management. Its inventory management system also helps you keep track of stock levels and purchase orders. Additionally, teams can successfully generate detailed reports to aid in decision-making, making it a stand out fit for smaller operations.
Standout features & integrations:
Features include a freight calculator that estimates costs accurately, enabling better financial management, a document management system that allows you to store and access important freight documents easily, and real-time shipment tracking to keep you updated on the status of goods in transit.
Integrations include QuickBooks, Xero, SAP, Microsoft Dynamics, Oracle NetSuite, Salesforce, Google Workspace, Dropbox, Slack, and Mailchimp.
Pros and cons
Pros:
- Real-time shipment updates
- Effective inventory management
- Detailed reporting capabilities
Cons:
- Basic customization options
- Limited features for larger firms
FleetRunnr offers a logistics management platform tailored to optimize fleet and logistics operations. It supports businesses in managing shipping workflows and tracking financial data effectively.
Why I picked FleetRunnr: FleetRunnr focuses on delivering an all-in-one solution that simplifies fleet tracking and logistics processes. Its real-time tracking keeps you updated on shipments, while automation tools help you handle repetitive tasks effortlessly. You can also manage billing and invoicing through an integrated system, reducing manual errors.
Standout features & integrations:
Features include tools for fleet tracking, automated workflow management, and financial reporting. You’ll have access to a dashboard that consolidates your logistics and financial data, giving you a clear view of your operations. Its user-friendly design also means you can get started without extensive training.
Integrations include QuickBooks, Xero, Salesforce, SAP, Oracle NetSuite, FreshBooks, Microsoft Dynamics, Zoho Books, and Sage.
Pros and cons
Pros:
- Detailed performance analytics
- Manages complex shipping workflows
- Clear and customizable dashboards
Cons:
- Lack of mobile app for some features
- Limited offline functionality
Tyms is a modern, AI-powered accounting software designed for businesses seeking efficient financial management. Its main features include automated bank reconciliation, expense tracking, and real-time financial reporting, catering to both accountants and non-accountants.
Why I picked Tyms: Tyms’ real-time update capability is crucial for businesses needing timely financial insights. The platform offers automated invoicing and expense management, reducing manual workloads significantly. It also supports multiple currencies, making it suitable for global operations, while its KPI dashboard provides valuable analytics for decision-making.
Standout features & integrations:
Features include inventory valuation that helps manage stock efficiently and fixed asset management to track and depreciate assets accurately. It also automates prepayment processes, streamlining financial operations further.
Integrations include QuickBooks, Xero, SAP, Oracle NetSuite, Microsoft Dynamics, Salesforce, Google Workspace, Dropbox, Slack, and HubSpot.
Pros and cons
Pros:
- Comprehensive KPI dashboard
- Supports multiple currencies
- Real-time financial updates
Cons:
- Regular updates could be needed
- Initial setup may be complex
Logi-Sys is an advanced logistics accounting software aimed at businesses wanting integrated solutions for their operations. It provides functionalities like financial accounting, freight management, and performance tracking to ensure effective logistics management.
Why I picked Logi-Sys: Logi-Sys’ ability to integrate various logistics functions within one platform is key. The financial accounting module offers tools for accurate billing and invoicing, reducing manual errors, while its freight management capabilities let you track shipments and optimize logistics processes. Additionally, the software’s performance tracking features provide insights into operational costs and efficiency, offering users dedicated integrated solutions.
Standout features & integrations:
Features include a customizable dashboard that provides a real-time overview of logistics operations, and an inventory management system that helps your team keep track of stock levels and movements. The software’s document management also ensures easy access and organization of critical business documents.
Integrations include SAP, Oracle NetSuite, Microsoft Dynamics, QuickBooks, Salesforce, Xero, Google Workspace, Dropbox, Slack, and HubSpot.
Pros and cons
Pros:
- Advanced freight management features
- Customizable dashboard for real-time insights
- Effective performance tracking capabilities
Cons:
- Requires consistent updates
- Initial setup could be complex
Xero is a cloud-based accounting software designed for small businesses, including those in the logistics sector. It provides functionalities like invoicing, expense tracking, and financial reporting to support business operations.
Why I picked Xero: Xero’s cloud-based nature makes it accessible from anywhere, ideal for logistics businesses needing flexibility. The platform offers automatic bank reconciliation to keep your accounts accurate. You can also generate invoices quickly, helping you maintain cash flow.
Standout features & integrations:
Features include inventory management that allows you to track stock levels effectively, and a budgeting tool to help you plan and allocate resources wisely. Xero also supports multi-currency transactions, which is beneficial for international logistics operations.
Integrations include Stripe, PayPal, Square, HubSpot, Shopify, Salesforce, Mailchimp, Google Workspace, Dropbox, and Slack.
Pros and cons
Pros:
- Effective inventory management
- Automatic bank reconciliation
- Accessible from any location
Cons:
- May require initial setup assistance
- Limited features for large enterprises
OnAccount is a supply chain and logistics accounting software designed for businesses in New Zealand. It provides features for managing financial transactions, supply chain operations, and logistics tasks efficiently.
Why I picked OnAccount: OnAccount caters specifically to the needs of New Zealand businesses, aligning with local regulations and practices. The software offers efficient financial management tools that help you keep track of expenses and revenues. Its supply chain management features also ensure smooth logistics operations. Additionally, you can generate reports that provide insights into your business performance, allowing you to strategically plan and predict upcoming shipments.
Standout features & integrations:
Features include automated expense tracking that helps you manage business costs effectively, and an inventory management system to ensure that your team can keep tabs on stock levels and reorder points. The software also offers advanced reporting tools that let you analyze your financial health.
Integrations include Xero, MYOB, QuickBooks, SAP, Oracle NetSuite, Microsoft Dynamics, Salesforce, Slack, Google Workspace, and Dropbox.
Pros and cons
Pros:
- Effective inventory management system
- Comprehensive financial reporting capabilities
- Automated expense tracking features
Cons:
- Regular updates may be needed
- Limited customization for international use
Other Logistics Accounting Software
Here are some additional logistics accounting software options that didn’t make it onto my shortlist, but are still worth checking out:
- Logestechs
For mobile access
- Sage Intacct
For medium-sized enterprises
- CargoNet
For freight forwarding
- Netgain
For cloud-based flexibility
- Keeper
For small bookkeeping teams
- Alvys
For TMS integration
- Access Financials
For UK transport companies
- LeaseQuery
For lease accounting
Logistics Accounting Software Selection Criteria
When selecting the best logistics accounting software to include in this list, I considered common buyer needs and pain points like managing complex billing processes and ensuring 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 billing and invoicing
- Track expenses and financial transactions
- Generate financial reports
- Support multi-currency transactions
- Integrate with existing logistics systems
Additional Standout Features (25% of total score)
To help further narrow down the competition, I also looked for unique features, such as:
- Real-time shipment tracking
- Advanced compliance tools
- Customizable dashboards
- Automated reconciliation processes
- Predictive analytics capabilities
Usability (10% of total score)
To get a sense of the usability of each system, I considered the following:
- Intuitive user interface
- Easy navigation and accessibility
- Minimal learning curve
- Clear and concise instructions
- Responsive design for mobile access
Onboarding (10% of total score)
To evaluate the onboarding experience for each platform, I considered the following:
- Availability of training videos
- Interactive product tours
- Access to templates and resources
- Supportive webinars and chatbots
- Comprehensive user guides
Customer Support (10% of total score)
To assess each software provider’s customer support services, I considered the following:
- Availability of live chat support
- 24/7 customer service access
- Comprehensive knowledge base
- Responsive email support
- Dedicated account managers
Value For Money (10% of total score)
To evaluate the value for money of each platform, I considered the following:
- Competitive pricing structures
- Range of features offered
- Flexibility in subscription plans
- Transparency in pricing
- Cost-benefit ratio
Customer Reviews (10% of total score)
To get a sense of overall customer satisfaction, I considered the following when reading customer reviews:
- Overall satisfaction ratings
- Feedback on customer support
- Ease of implementation experiences
- Consistency of positive reviews
- Specific feature praises or complaints
Trends In Logistics Accounting Software
In my research, I sourced countless product updates, press releases, and release logs from different logistics accounting software vendors. Here are some of the emerging trends I’m keeping an eye on:
- Blockchain Integration: Companies are starting to use blockchain for secure and transparent transactions. This technology ensures data integrity and can help reduce fraud in logistics accounting.
- AI-driven analytics: Artificial intelligence is being used to provide advanced insights and predictive analytics. This helps businesses make data-driven decisions and optimize their financial strategies.
- Sustainability Tracking: As businesses focus on sustainability, there's a growing demand for software that tracks carbon footprints and resource usage. This trend helps companies align with eco-friendly practices and comply with regulations.
- Dynamic Pricing Models: Vendors are offering flexible pricing based on usage patterns, allowing companies to scale their costs with their operations. This approach makes logistics accounting software more accessible to various business sizes and needs.
- Enhanced Data Visualization: Improved data visualization tools are helping users quickly interpret financial data through intuitive charts and graphs. These features make it easier to spot trends and anomalies, aiding in faster decision-making.
What Is Logistics Accounting Software?
Logistics accounting software is a tool designed to manage the financial aspects of logistics operations, including billing, expense tracking, and financial reporting. They are typically used by financial professionals, logistics managers, and small business owners to enhance financial accuracy and efficiency.
Key features like automated invoicing, real-time tracking, and data visualization help with managing complex transactions, making informed decisions, and ensuring compliance with regulations. Overall, these tools provide significant value by improving financial oversight and operational efficiency in logistics businesses.
Features of Logistics Accounting Software
When selecting logistics accounting software, keep an eye out for the following key features:
- Automated Invoicing: Saves time by automatically generating and sending invoices to clients, reducing manual errors.
- Expense Tracking: Monitors and categorizes expenses to help manage cost efficiency and financial planning.
- Real-Time Tracking: Provides up-to-date information on financial transactions and logistics activities, aiding in quick decision-making.
- Financial Reporting: Generates detailed reports that offer insights into business performance and financial health.
- Multi-Currency Support: Facilitates international operations by handling transactions in different currencies, ensuring accurate financial management.
- Data Visualization: Uses charts and graphs to present financial data clearly, making it easy to spot trends and anomalies.
- Inventory Management: Helps track stock levels and movements, ensuring efficient logistics operations.
- AI-Driven Analytics: Offers predictive insights and advanced analytics to support strategic financial decisions.
- Blockchain Integration: Ensures secure and transparent transactions, enhancing data integrity and reducing fraud.
- Compliance Tools: Assists in meeting industry regulations and standards, minimizing risks, and ensuring legal compliance.
Benefits of Logistics Accounting Software
Implementing logistics accounting software provides several benefits for your team and your business. Here are a few you can look forward to:
- Time Savings: Automated processes like invoicing and reconciliation reduce manual work, freeing up time for your team.
- Improved Accuracy: Real-time tracking and expense management minimize errors, ensuring precise financial records.
- Better Decision-Making: Data visualization and AI-driven analytics provide insights that help you make informed business decisions.
- Enhanced Compliance: Compliance tools ensure you meet industry regulations, reducing the risk of legal issues.
- Cost Efficiency: Expense tracking and financial reporting help you identify areas to cut costs and improve profitability.
- Global Reach: Multi-currency support allows you to handle international transactions smoothly, expanding your market potential.
- Increased Transparency: Blockchain integration offers secure and transparent transactions, building trust with stakeholders.
Costs and Pricing of Logistics Accounting Software
Selecting logistics 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 logistics accounting software solutions:
Plan Comparison Table for Logistics Accounting Software
| Plan Type | Average Price | Common Features |
| Free Plan | $0 | Basic invoicing and expense tracking. |
| Personal Plan | $10-$30/user/month | Automated invoicing, real-time tracking, and limited reporting. |
| Business Plan | $40-$70/user/month | Multi-currency support, advanced reporting, and inventory management. |
| Enterprise Plan | $80-$150/user/month | Customizable dashboards, AI-driven analytics, compliance tools, and blockchain integration. |
Logistics Accounting Software FAQs
Here are some answers to common questions about logistics accounting software:
Why should I choose cloud-based logistics accounting software?
Cloud-based logistics accounting software offers flexibility and accessibility, allowing you to access data from anywhere with an internet connection. This can be particularly useful if your team is remote or frequently on the move. Cloud solutions often provide automatic updates, ensuring you always have the latest features without manual intervention.
How do logistics accounting tools integrate with existing systems?
Most logistics accounting tools offer integrations with popular ERP and CRM systems, making it easier to sync data across platforms. This integration helps assemble workflows and reduces data duplication, ensuring that your financial data remains consistent and accurate. When evaluating software, check for compatibility with the systems you already use.
What are the security features of logistics accounting software?
Security features often include data encryption, user authentication, and regular security audits to protect sensitive financial information. These tools also provide role-based access controls, ensuring only authorized personnel can access certain data. It’s crucial to choose a solution that complies with industry standards and regulations to safeguard your business data.
Can logistics accounting software handle multiple currencies?
Many logistics accounting solutions support multi-currency transactions, which is vital for businesses operating internationally. This feature allows you to manage finances in different currencies, automatically converting amounts using up-to-date exchange rates. It simplifies global operations and ensures accurate financial reporting.
How do these tools help with compliance?
Logistics accounting software often includes compliance tools that help you adhere to industry regulations and standards. This can include automated tax calculations, audit trails, and reporting features that ensure your financial practices meet legal requirements. Compliance tools minimize the risk of penalties and enhance your business’s credibility.
What kind of reporting capabilities are available?
Advanced reporting capabilities in logistics accounting software provide detailed insights into your financial health. These tools often include customizable dashboards, real-time data visualization, and the ability to generate various reports, such as profit and loss statements or cash flow analyses. This helps you make informed business decisions based on accurate data.
What’s Next?
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