Financials Are you prepared to simplify your financial management procedures and move beyond Excel? Explore our compilation of the top accounting software options in India for 2023 and discover the perfect match for your business needs.

• SAP ECC
  

  Enhance your business's adaptability and elevate financial management using SAP ECC software. This powerful tool empowers you and your organization to handle financial planning, tax management, quote-to-cash management, budgeting, and forecasting. With its real-time, versatile reporting capabilities, SAP ECC seamlessly incorporates sustainability metrics while efficiently overseeing risk.

  Highest-rated features:

  • Robust Financial Management
  • Seamless Integration
  • Powerful Reporting
  • Efficient Supply Chain Management
  • Customization and Scalability

  What Users Like Best About SAP ECC:

  • Comprehensive Functionality: Users appreciate ECC's wide-ranging features, covering finance, procurement, and logistics, allowing for integrated and efficient business operations.
  • Data Consistency: The system's data integrity and consistency are highly regarded, ensuring accuracy and reliability across processes.
  •  Powerful Reporting:  SAP ECC offers robust reporting and analytics tools, empowering users to make data-driven decisions and gain real-time insights.
  • Customization:  The ability to tailor ECC to specific business needs is a standout feature, ensuring flexibility and adaptability.

  What Users Dislike About SAP ECC:

  • Complexity: ECC can be complex to implement and manage, leading to high costs and resource demands, particularly for smaller businesses.
  • Upgrade Challenges: Some users find the transition to newer SAP solutions like S/4HANA complex and costly, raising concerns about future compatibility.
  • Learning Curve: ECC's learning curve can be steep, and training can be time-consuming for both staff and IT teams.
  • High Cost: Licensing, maintenance, and customization costs can be substantial, making it less accessible for some organizations.

  Contact Details :

  SAP ECC’s head office is in Bengaluru, with offices in Mumbai, Kolkata, and New Delhi. Address: 6th Floor, RMZ Ecoworld, 8A Campus, Sarjapur-Marathahalli Outer Ring Road Devarabeesanahalli Bengaluru - 560 103 Phone: +91 80 6665 5555

• Tally Prime
  

  TallyPrime software is your all-in-one solution for financial and accounting management. Whether you're handling invoicing, inventory, tax compliance, payroll, reporting, or managing credit and cash flow, TallyPrime offers tailored business solutions. Featuring versatile purchase management, various billing formats, online payment capabilities, and multi-currency support, TallyPrime automates essential accounting tasks, boosting efficiency and capabilities.

  Highest-rated features:

  • Comprehensive Accounting: TallyPrime provides robust accounting functionality, including ledger management, financial statements, and taxation compliance.
  • Inventory Management: It offers advanced inventory management capabilities, including batch tracking and multi-location stock handling.
  • GST Compliance: TallyPrime simplifies GST (Goods and Services Tax) compliance with features for GST billing, return filing, and e-invoicing.
  • Versatile Reporting: The software includes powerful reporting and analytics tools, allowing users to generate custom reports and gain insights into business performance
  • Multi-Currency Support: TallyPrime supports multiple currencies, making it suitable for businesses involved in international trade or dealing with foreign clients.

  What Users Like Best About TallyPrime:

  • Ease of Use: Users appreciate TallyPrime's user-friendly interface and intuitive design, which simplifies financial management tasks.
  • Comprehensive Accounting: TallyPrime is lauded for its robust accounting features, providing a complete solution for financial management needs.
  • GST Compliance: Users value its seamless GST compliance features, making it easier to navigate India's complex tax regulations.
  • Customization: TallyPrime's customization options allow businesses to adapt the software to their specific needs, enhancing flexibility.

  What Users Dislike About TallyPrime:

  • Learning Curve: Some users find the software challenging to learn, especially for newcomers to accounting software.
  • Lack of Advanced Features: Advanced users may find TallyPrime lacking certain advanced features found in more specialized accounting software.
  • Limited Cloud Integration: TallyPrime's cloud integration capabilities are considered limited compared to some modern accounting software solutions.
  • Cost: The cost of licenses, especially for larger organizations, can be a drawback for some users.

  Contact Details :

  TallyPrime is headquartered in Bengaluru and has offices in Mumbai, New Delhi, Tamil Nadu, and multiple cities across the country. Address: AMR Tech Park II, No.23 & 24, Hongasandra, Hosur Main Road, Bengaluru - 560068 Phone: 1800 309 8859 Email: support@tallysolutions.com

• Microsoft Dynamic 365 Business Central
  

  Microsoft Dynamics 365 Business Central software offers finance tools that include analytics, AI-driven insights, and effortless reporting. By integrating accounting software into your core business operations, you can enhance performance and drive financial improvements. It goes beyond transactional management to safeguard revenue, manage risk, and cut costs effectively.

  • Advanced Analytics: Business Central provides robust analytics tools, offering data-driven insights to inform decision-making.
  • AI-Driven Insights: It utilizes artificial intelligence for predictive analysis, helping businesses make informed choices and improve efficiency.
  • Effortless Reporting: Business Central simplifies reporting processes, enabling users to generate reports easily for comprehensive financial analysis.
  • Integration Capabilities: The software seamlessly integrates with other Microsoft products, enhancing collaboration and data sharing.
  • Financial Management: Business Central offers comprehensive financial management features, including accounting, budgeting, and cash flow management.

  What Users Like Best About Microsoft Dynamics 365 Business Central:

  • Integration: Users appreciate the seamless integration with other Microsoft products, streamlining workflows and enhancing productivity.
  • Comprehensive Financial Tools: Business Central's comprehensive financial management features, including accounting and budgeting, are highly regarded.
  • AI-Driven Insights: The software's use of artificial intelligence for predictive analysis and data-driven decision-making is a standout feature.
  • Efficient Reporting: Users find the reporting capabilities of Business Central efficient and valuable for financial analysis.

  What Users Dislike About Microsoft Dynamics 365 Business Central:

  • Complexity: Some users find the software complex to implement and navigate, particularly for businesses without dedicated IT support.
  • Cost: The pricing structure can be prohibitive for smaller businesses, making it less accessible for some organizations.
  • Learning Curve: Business Central's learning curve can be steep, requiring time and resources for training.
  • Limited Cloud Customization: Users have noted limitations in cloud-based customization compared to on-premises versions of the software.

  Contact Details :

  Microsoft has offices in Ahmedabad, Bengaluru, Chennai, Gurugram, Noida, Hyderabad, Kolkata, Mumbai, and Pune. Address: TEC, Floor 7, Salarpuria Knowledge Octave Block, Plot#2, Hi-Tech City, Hyderabad – 500081, Telangana, India Phone: 000-800-440-2008

• BUSY
  

  BUSY is a popular accounting and inventory management software designed to streamline financial processes for businesses of all sizes. With its user-friendly interface and comprehensive features, BUSY simplifies tasks related to accounting, inventory management, taxation, and reporting, making it a preferred choice for many businesses in India.

  Five High-Rated Features of BUSY:

  • Comprehensive Accounting: BUSY offers a complete suite of accounting tools, including ledger management, financial statement generation, and bank reconciliation.
  • Inventory Management: It excels in inventory management, providing features for batch tracking, multi-location handling, and stock valuation.
  • GST Compliance: BUSY simplifies GST compliance with features for GST billing, return filing, and e-way bill generation, crucial for businesses in India.
  • Customizable Reports: BUSY allows users to create customized financial reports, enabling in-depth analysis and decision-making.
  • User-Friendly Interface: Its intuitive interface is praised for ease of use, catering to both novice users and experienced accountants.

  What Users Like Best About BUSY:

  • Comprehensive Functionality: Users appreciate BUSY's extensive features, covering a wide range of accounting and inventory needs.
  • GST Compliance: BUSY simplifies GST-related tasks, a crucial requirement for Indian businesses, helping users stay compliant.
  • User-Friendly: The software's user-friendly design and intuitive interface make it accessible to users of all skill levels.
  • Customization: BUSY's flexibility and customizability allow businesses to adapt it to their unique requirements.

  What Users Dislike About BUSY:

  • Learning Curve: Some users find BUSY challenging to learn, particularly if they are new to accounting software. Cost: The pricing, especially for higher-tier versions, can be a concern for smaller businesses.
  • Updates: Users have reported occasional issues with software updates, which can disrupt workflow.
  • Customer Support: Some users have experienced delays or difficulties in accessing customer support when needed.

  Contact Details :

  BUSY has offices in Agra, Delhi, Ambala , Bengaluru, Chennai, Pune. 91 Springboard, E3, Rani Jhansi Road, Block E-4, Jhandewalan New Delhi, 110055 Phones: +91-11-40964096 | +91-82 82 82 82 82 E-mail: info@busy.in

• ZOHO BOOKS
  

  Zoho Books is a cloud-based accounting software designed to simplify financial management for businesses of all sizes. With its user-friendly interface and a wide range of features, Zoho Books streamlines tasks related to accounting, invoicing, expense tracking, and reporting. It offers automation and customization options, making it a popular choice among businesses seeking efficient and flexible accounting solutions.

  Five High-Rated Features of Zoho Books:

  • Streamlined Invoicing: Zoho Books offers easy invoice creation, sending, and tracking, helping businesses get paid faster.
  • Expense Management: It simplifies expense tracking and approval workflows, ensuring accurate expense records.
  • Bank Reconciliation: Zoho Books automates bank reconciliation, reducing manual data entry and errors.
  • Customizable Reporting: Users can generate custom financial reports, offering insights for informed decision-making.
  • Integration Capabilities: Zoho Books integrates seamlessly with other Zoho products and third-party applications, enhancing collaboration and workflow efficiency.

  What Users Like Best About Zoho Books:

  • Ease of Use: Users appreciate the software's intuitive interface, which simplifies accounting tasks and reduces the learning curve.
  • Affordability: Zoho Books offers cost-effective pricing plans, making it accessible to businesses of all sizes.
  • Automation: Users value the automation features, such as recurring invoices and bank reconciliation, which save time and reduce errors.
  • Customer Support: Zoho Books is praised for its responsive customer support team, assisting users with their inquiries promptly.

  What Users Dislike About Zoho Books:

  • Limited Features in Lower Tiers: Some users find that certain advanced features are only available in higher-tier pricing plans, which may not be suitable for smaller businesses.
  • Integration Challenges: While Zoho Books offers integration capabilities, users have reported occasional difficulties in setting up and configuring integrations with other software.
  • Mobile App Functionality: Users have noted that the mobile app, while convenient, may not offer all the features available in the desktop version.
  • Reporting Customization Complexity: Customizing reports can be complex for some users, particularly those without a strong accounting background.

  Contact Details :

  Zoho Books is based out of Chennai. Address: Zoho Corporation Private Limited Estancia IT Park, Plot No. 140 & 151, GST Road, Vallancheri, Chengalpattu District - 603 202, Chennai, India Phone: 18001031123 Email: support.india@zohobooks.com

• Oracle EBS Financials
  

  Oracle E-Business Suite Financials is a comprehensive financial management solution designed to address the complex financial needs of large and global organizations. It offers a wide array of financial modules and tools that encompass accounting, procurement, revenue recognition, and more. With a strong focus on automation, compliance, and analytics, Oracle EBS Financials helps organizations streamline financial operations, optimize resource allocation, and ensure regulatory compliance.

  Five High-Rated Features of Oracle EBS Financial:

  • Comprehensive Financial Modules: Oracle EBS Financials covers an extensive range of financial modules, including General Ledger, Accounts Payable, Accounts Receivable, Fixed Assets, and Cash Management.
  • Advanced Analytics: It provides robust reporting and analytics capabilities, including customizable financial dashboards, for real-time insights into financial performance.
  • Automation and Workflow: Oracle EBS Financials automates routine financial processes and workflows, reducing manual tasks and enhancing efficiency.
  • Global Capabilities: The software is designed to support the financial needs of multinational organizations, offering multi-currency and multi-language capabilities.
  • Compliance and Security: Oracle EBS Financials emphasizes data security and compliance with regulatory standards, making it suitable for industries with stringent requirements.

  What Users Like Best About Oracle EBS Financial:

  • Scalability: Users appreciate the software's ability to handle the complex financial needs of large enterprises and adapt to their growing requirements.
  • Integration: Oracle EBS Financials seamlessly integrates with other Oracle products and third-party applications, providing a comprehensive enterprise solution.
  • Advanced Analytics: The robust analytics tools offer valuable insights into financial data, aiding in decision-making and strategic planning.
  • Globalization Features: Multinational organizations benefit from its global capabilities, facilitating financial management across diverse regions.

  What Users Dislike About Oracle EBS Financial:

  • Complexity: Some users find Oracle EBS Financials complex to implement and manage, especially for smaller organizations without dedicated IT resources.
  • Cost: The software's licensing and implementation costs can be substantial, making it less accessible for smaller businesses.
  • Learning Curve: Users have reported a steep learning curve, requiring extensive training for users and IT teams.
  • Updates and Customization: Managing updates and customizations can be challenging, potentially disrupting workflows and requiring IT expertise.