trulysmall Review: Pros, Cons, Features, and Pricing
trulysmall is an accounting software designed to simplify financial tasks for small businesses. It's ideal for freelancers, startups, and truly small business owners who need straightforward, streamlined accounting without complexity. trulysmall offers easy invoicing, expense tracking, payment processing, and financial reporting, and it includes a free companion app, which is compatible with both Android mobile devices and iOS for iPhones.
trulysmall addresses common pain points, such as time-consuming bookkeeping, and ensures accurate financial tracking for small businesses. In this article, I'll cover trulysmall's features, pros and cons, use cases, pricing, and more so you can decide whether this software aligns with your financial management needs and goals.
TrulySmall Evaluation Summary
- From $89.99/year
- 14-day free trial
Why Trust Our Software Reviews
TrulySmall Overview
In my opinion, trulysmall is a solid choice for small businesses or freelancers looking for easy-to-use accounting software. Its standout feature is its simplicity, making it accessible to users who don't have a deep accounting background. And while it lacks some advanced functionalities found in more complex software, it compensates with its intuitive interface and affordability. trulysmall is best suited for those who require simple accounting processes, including invoice creation, expense management, credit card payment processing, and basic sales tax handling.
pros
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Financial reports are easy to generate.
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It simplifies invoice management and expense tracking for your team.
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You can quickly learn the software due to its user-friendly interface.
cons
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Customer support may not always be as responsive as you'd like.
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Some advanced options offered by competitors aren't available.
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A lack of third-party integrations may affect practicality and workflow.
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How We Test & Score Tools
We’ve spent years building, refining, and improving our software testing and scoring system. The rubric is designed to capture the nuances of software selection and what makes a tool effective, focusing on critical aspects of the decision-making process.
Below, you can see exactly how our testing and scoring works across seven criteria. It allows us to provide an unbiased evaluation of the software based on core functionality, standout features, ease of use, onboarding, customer support, integrations, customer reviews, and value for money.
Core Functionality (25% of final scoring)
The starting point of our evaluation is always the core functionality of the tool. Does it have the basic features and functions that a user would expect to see? Are any of those core features locked to higher-tiered pricing plans? At its core, we expect a tool to stand up against the baseline capabilities of its competitors.
Standout Features (25% of final scoring)
Next, we evaluate uncommon standout features that go above and beyond the core functionality typically found in tools of its kind. A high score reflects specialized or unique features that make the product faster, more efficient, or offer additional value to the user.
We also evaluate how easy it is to integrate with other tools typically found in the tech stack to expand the functionality and utility of the software. Tools offering plentiful native integrations, 3rd party connections, and API access to build custom integrations score best.
Ease of Use (10% of final scoring)
We consider how quick and easy it is to execute the tasks defined in the core functionality using the tool. High scoring software is well designed, intuitive to use, offers mobile apps, provides templates, and makes relatively complex tasks seem simple.
Onboarding (10% of final scoring)
We know how important rapid team adoption is for a new platform, so we evaluate how easy it is to learn and use a tool with minimal training. We evaluate how quickly a team member can get set up and start using the tool with no experience. High scoring solutions indicate little or no support is required.
Customer Support (10% of final scoring)
We review how quick and easy it is to get unstuck and find help by phone, live chat, or knowledge base. Tools and companies that provide real-time support score best, while chatbots score worst.
Customer Reviews (10% of final scoring)
Beyond our own testing and evaluation, we consider the net promoter score from current and past customers. We review their likelihood, given the option, to choose the tool again for the core functionality. A high scoring software reflects a high net promoter score from current or past customers.
Value for Money (10% of final scoring)
Lastly, in consideration of all the other criteria, we review the average price of entry level plans against the core features and consider the value of the other evaluation criteria. Software that delivers more, for less, will score higher.
Core Features
Invoicing
Easily create and send professional invoices to save time on billing. Enjoy simple yet professional, customizable templates that you can tailor to your brand.
Expense Tracking
Track your expenses effortlessly with trulysmall's intuitive interface. You'll find it easy to categorize and manage your expenses, ensuring your finances are in check.
Financial Reporting
Generate straightforward financial reports that give you a clear view of your business's health and provide essential insights into your financial performance.
Bank Reconciliation
Match the transactions from your bank account with your business's accounting records using bank feeds, transaction files, or receipts to spot any cash flow discrepancies and keep your accounts balanced.
Tax Management
Stay on top of your tax obligations with trulysmall's tax management tools, which simplify tax calculations and help you prepare for tax season without stress.
Mobile App
Navigate your accounting tasks with the easy-to-use dashboard and practical companion mobile app, which provide quick access to vital information and help you manage your finances efficiently.
Ease of Use
trulysmall stands out for its straightforward design, making it easy for your team to navigate and use daily. The intuitive dashboard, simple setup process, and quick access to essential tools, such as invoicing and expense tracking, mean you won't waste time learning complex functions.
Integrations
trulysmall appears to have no integration with other popular accounting tools or third-party applications based on available information. trulysmall does not currently offer an API or connect with third-party integration tools.
TrulySmall Specs
- 2-Factor Authentication
- Accounts Payable
- Accounts Receivable
- API
- Balance Sheet
- Billing/Invoicing
- BitCoin
- Budgeting
- Calendar Management
- Contact Management
- CRM Integration
- Customer Management
- Dashboard
- Data Export
- Data Import
- Data Visualization
- Expense Tracking
- External Integrations
- Forecasting
- General Account Ledger
- Inventory Tracking
- Multi-Currency
- Multi-User
- Notifications
- P&L
- PayPal
- Payroll
- SAP Integration
- Stripe
- Supplier Management
- Tax Management
