Top 10 Accounting Solution Companies - 2020
Accounting Seed: An Accounting Solution That Adapts To Your Business

Top 10 Accounting Solution Companies - 2020

With the advent of new technologies and innovations around the world, the global economic environment continues to evolve and thrive. Change, therefore, has become the new constant. As change becomes a necessity for growth, organizations that continue to reshape their business processes and business model also need to be aware of the latest accounting solutions. With the emergence of cloud computing, and the prevalence and acceptability of electronic documentation in place of traditional paper-based vouchers, invoices, or receipts, accountants are now increasingly more mobile. Accounting standards are continually being revised and updated to keep up with the times. As a result, the accountants are always in search of accounting solution providers who can help them provide timely, accurate, and relevant information for decision making to the customers.

In the wake of these technology transitions, CFO Tech Outlook has compiled a list of top 10 accounting solution providers and top 10 accounting consulting/ services companies 2020 to guide organizations in the finance sector in harnessing the power of technology. We are glad to feature Accounting Seed, an innovative, robust financial software solution that transforms the way you do accounting. The company has developed a full accrual accounting and ERP application powered by Salesforce. This application tracks financial data through the entire business lifecycle, from marketing, project implementation, product sales, back-office accounting, to producing financial statements designed by accountants.

We hope the issue of CFO Tech Outlook helps you build the partnership you and your firm needs to enable technology-driven accounting management.

We present to you CFO Tech Outlook’s “Top 10 Accounting Solution Providers - 2020.

Top Accounting Solution Companies

Aatrix simplifies the efiling of payroll reports by providing a single process for any form or payment, the agency being filed to, the format required, or compliance requirements. Aatrix offers one process for any unemployment, wage withholding, new hire report, or payment regardless of the government agency filing requirements. A single comprehensive process completes all W-2/1099/1095 filings in a fraction of the time it takes to complete in-house. Aatrix prints and mails employee/recipient copies, hosts employee W-2s/1099s/1095s online for instant access from anywhere, files W-2/W3s, 1094/1095s, and 1099s/1096s for the federal government, and completes all state filings including reconciliation forms required

www.aatrix.com

A premier NetSuite provider with in-depth knowledge and proven experience in both business processes and technology infrastructures for active NetSuite systems integrations. From an enterprise growth standpoint, a noteworthy advantage of using NetSuite is its limitless ability to process and analyze untapped data, all the while fostering integration with other data management systems such as Adaptive Insights or Salesforce.com

abaci-us.com

Offers an innovative accounting solution that lets businesses run their entire back office in one environment by tapping into the power of the Salesforce Platform. One of the Top Accounting Solution Providers, Accounting Seed's platform provides clients with a 360-degree view of their financial data. The platform reduces data redundancy, ineffective reporting, and business inefficiencies resulting from the use of siloed systems deployed across various departments. Besides simplifying back-office workflows and allowing clients to automatically connect with various app partners through the cloud, Accounting Seed is renowned for providing an unprecedented number of customization options.

www.accountingseed.com

Offers Core Cloud Systems and TimberScan, an AP approval processing and content management solution to streamline operations across construction companies. Core Cloud Systems (CCS comprise of numerous cloud-based applications for project-intensive businesses including the construction industry. These applications can be seamlessly integrated with the customers’ ERP and other back-office solutions. They help automate time-consuming processes such as credit card reconciliations and provide easy to use, web-based interfaces.

www.core-assoc.com

Designed for modern businesses operating in today’s subscription based economy, with TrueRev thousands of small and growing companies can have full control and visibility of their customers’ orders, billing, revenue recognition and subscription analytics for the entire customer lifecycle on a single platform; eliminating manual spreadsheets, errors and version control so they can save time and money.

truerev.com

Visual Lease’s best-in-breed lease accounting and management software helps companies simplify lease accounting compliance.The Visual Lease platform automates otherwise complex calculations and also provides a simple way to integrate necessary lease financial data into third-party systems, such as general ledger, accounts payable and accounts receivable

visuallease.com

Yooz is a cloud-based solution leverages optical character recognition (OCR), AI, and robotics process automation (RPA) to deliver automation, simplicity, and traceability of the invoice and payment processes. Yooz accounts payable automation platform combines high-performance technologies with simplicity and affordability so that users can unleash the creative and innovative powers of their team. Over the years, the Yooz platform has grown to provide seamless integrations with more than 200 ERPs, with individual modules ranging from purchasing to bill payment

www.getyooz.com

ZenLedger is a cryptocurrency ledger analytics company that enables investors, certified professional accountants (CPAs), and organizations to quickly and easily get tax forms and financial reports. The company offers a web-based tax tool that delivers automated procedures for an end-to-end crypto tax management. The tax tool works with all the major cryptocurrencies, exchanges, and fiat currencies such as Bitcoin, Ethereum, Litecoins, Dollars, Euros, Pounds Sterling, Yen, and several others that allows the investors to import cryptocurrency transactions, calculate gains and income, and auto-fill tax forms like 8949 and Schedule D in a single tool. Besides, the company also offers professional advice anytime via phone, email, or chat to enhance customer service and experience

zenledger.io

AvidXchange

AvidXchange

AvidXchange is one of the best companies in automating invoice and payment processes for mid-market businesses. Founded in the year 2000, AvidXchange processed 9.5 million payments last year across its network of more than 500,000 suppliers, transforming the way 5,500 customers in North America pay their bills. AvidXchange is distinguished as a global fintech unicorn and one of the fastest-growing technology companies in the U.S. with 1,300 employees in seven office locations. Invoice management, payables automation, industry leader, electronic invoicing, accounts payable, accounting, visibility, best practices, portfolio, automation, paperless, change management, workflow, AP, payables process, AP automation are the services provided by AvidXchange

LeaseAccelerator

LeaseAccelerator

Founded in 2003, LeaseAccelerator is headquartered in Reston, Virginia. LeaseAccelerator is the world’s first software application designed specifically for Enterprise Lease Accounting. They help Fortune 500 companies in three areas, including Lease Sourcing, Lease Accounting, and Lease Performance. LeaseAccelerator is a Software-as-a-Service provider in the fast-growing Enterprise Lease Accounting software sector. Companies lease much of the real estate (offices, warehouses, factories) and equipment (computers, vehicles, forklifts, furniture). The average Fortune 500 Company leases between 1000 and 10,000 leases representing between $100M and $1B of obligations. Recently they raised $30M in their Series B funding round from Insight Venture Partners after a record-breaking year in 2017