Accountancy software can make running your business quicker, simpler, and easier, and there are some great free solutions out there. Check out the options here, and find the right fit for your business.
Anyone who’s ever run a business knows what a headache accounting can be.
Knowing how much money is coming in and out is crucial, but keeping track of it all can be stressful and time consuming, especially for the UK’s army of small businesses. It’s no surprise, then, that a raft of accountancy software products is available – all of which promise to make balancing the books a doddle.
Get it right, and you can make big savings. Indeed, a 2018 study by Sage suggested that SMEs save 2.3 days per month by using dedicated accounting software – equivalent to £17,000 a year.
While major players like Sage, QuickBooks and FreshBooks dominate the market, you might not know that there is some great free accounting software out there, perfect for early stage businesses that need to carefully account for every penny.
Using our detailed knowledge of the needs of UK SMEs, we’ve taken a comprehensive look at what’s out there, and picked out five products that we love.
We’ve based our choices on ease of use, features, design, scalability, suitability for the UK taxation system, and suitability for various kinds of businesses.
Read on for detailed insight, and to discover which products could make a real difference to your small business.