BEST ACCOUNTING SOFTWARE FOR SMALL BUSINESS IN SINGAPORE

Accounting Software Small Business

BEST ACCOUNTING SOFTWARE FOR SMALL BUSINESS

Online accounting is a necessary tool for running a financially successful business. They simplify data, organize your vital information, provide reports and allows accountants more access to important financial information about many important aspects of the business. For space , money , time and organizational reasons, the purchase of a cloud based accounting software is worth the investment.

Choosing an accounting software can be very challenging. Each program has a different set of features and most offer multiple pricing, number of users or other factor. The main aspects to be kept in mind while choosing a software are cost, usability and features.

REACH ACCOUNTING SOFTWARE

Reach is a cloud based software which helps to increase the sales, productivity, enhance customer experience and multiply profits.

FEATURES

Order Management

Receive Job orders or Sales Orders and convert them into Invoices once ready

Manufacturing Management

Manage your Production process, Purchase approvals and Raw material Conversions and extract Finished Goods Reports

Warehouse

Godown Management,Raw materials, Packing Materials,Work-in-Progress,Finished Goods,Miscellaneous Stock, Stock-pointwise management

Point of Sale

Touch and Keyboard Billing counters. Works even when the Internet connection is cut. Separate Cash and delivery counters.

Lots and Barcode Management

Create Lots/ Batches, Auto-generate codes and print barcode labels. Read them automatically using a barcode scanner

Project

Cost Management, Order Management

Accounting

Income & Expense Grouping, Accounting Ledgers, Tax Heading Creations & Operations, Bank & Cash Creation & Operations,AssetLiability Creation & Operations,Income & Expense Recording, Journal Entries & Contra Transactions,etc

Invoicing

Create Invoices with your own branding or choose from over 20 templates (includes contractor Invoices). Generate Invoices or convert quotes to Invoices. Automatically convert invoices raised in foreign currency to INR. Raise recurring Invoices. Email, print or extract Invoices to pdf. Get reminded every time an Invoice is due. Send reminder sms or emails.

Multi Branch

Create multiple Branch and give an option to manage each of them individually business by the Owner.

Purchases

Purchase Orders/Estimates, Purchase Bills, Purchase Return, Vendor Outstanding Management.

Sales

Quotes,Multi Product Operation,Sales Invoice, Sales Return, Recurring Invoices on one attempt, Customer Balance.

Access

Multi-User operation with restriction menus, Auto Back up, Accounting Period Auto change, Any Location operation, Easy to handle, No hard accounting process and buttons, Auto conversion to accounting formats

Multi Company

Create multiple Companies and give an option to manage each of them individually from the comfort of your smart phone

Auditor View

Full Financial Report availability,Read process by Auditor,Tax Reports,VAT Report with e-filing options,PF & ESI Reports,Tax Consulting Modules

Mobile Application

Access across tabs, iPads, iPhones and android phones, pick photos of expense vouchers and attach to expenses, raise invoices, check cash and bank balances, daily profitability and other key reports on phone.

Business Automation

Leads from all sources,Leads extractions via mail server,Converting leads to appointments,Quotes,Converting quotes to Invoices,Email-SMS update,Delivery status update,Work pending strategy

Operations and Process

Product & Service Grouping,Customised Invoice with Logo,Small, Medium or Large scale operations,Retail or Whole sale enabled,Product service and maintenance,Godown & Showroom wise operations etc..

Loyalty Management

Assign points for every sale and redeem them whilst billing next time

Addons

E-stores, Google docs, Google calander, Project management tools, SMS gateways, Payment Gateways and many others.

Tally Import

Easily import excel files taken from Tally and import it into our Software for various time periods and manage accounts with ease 

ACCOUNTING SOFTWARE MODULES

Accounting Management

All functions pertaining to Accounts are inbuilt in the software. Helps in maintaining and Managing the Accounting Ledgers, Expense Management, Purchases & Sales, Warehouse Management, Financial Reports etc.

Tax Management

Reach software automatically calculates taxes on every bill created.Any number of taxes relevant to your business can be added in the software. In case of any change in the tax structure, the same can be incorporated in the software.The taxes will be calculated automatically. The multiple tax scheme can be applied to multiple products on a single purchase

Income Management

Quotations can be created and the same can be converted to Sales order or Invoice . From the Invoice Receipts can be generated. Accountants will be able to know what payments have been received and what are the pending payments. Reminders can also be set for the pending payments.

Expense Management

Similar to Income Management, Purchase orders can be created and the same can be converted to Bills or payments. Accountants can get a clear idea on what bills have been Paid and what bills are pending. Reminders can be set for the pending payments.

 BENEFITS OF USING REACH

Run Your Business Online

Reach gives you the freedom to control your business from anywhere and at anytime.Business information can be checked at any time. Employees can log in and work at the same time sharing data and information online

No Investment in Expensive Hardware

Since the software is cloud based, it just needs a basic computer connected to the internet. No investment is required on the LAN and servers

Data Theft

Data can be protected and you can access control on the users of the software.

NETSUITE SOFTWARE

NetSuite enables businesses to handle major business operations in one, integrated software program, consisting of customer relationship management; order management and completion; managing inventory; finance; ecommerce as well as Website management; and employee efficiency.  Financial information through NetSuite can be accessed through a Web browser or mobile device.

FEATURES

NetSuite Accounts Payable

Audit Trail Visibility

NetSuite Accounts Receivable

Tax Preparation

Balance Sheets

Cash Flow Statement

Custom Reports

Profit & Loss Statement

Budgeting & Forecasts

Depreciation

Sales Reportst

Sales Tax Report

ADVANTAGES

  • There are a lot of features
  • Financials is its core strength
  • Integration
  • Flexibility

DISADVANTAGES

  • The inability to add more than one email address into the default emailis a drawback
  • Renewal is more
  • Poor implementation from reseller
  • Sales team overcharge
  • Reporting is a little tough
    Order processing part is a little cumbersome
  • Implementation
  • UI
  • Cost
  • Overhead

SAGELIVE

  • Sage Live is a cloud-based and mobile ready accounting platform for small and mid-sized businesses. Key features include multi-company, multi-currency, and multi-legislation support, personalization based on user role, bank integration, and accountant online access. The suite includes a core accounting module with integrated applications to manage billing & invoicing, fund accounting, expenses, work orders, budgeting, forecasting, and reporting. Third party applications are also available for time tracking, job management, and project accounting, and the system integrates with Salesforce CRM for no additional charge. 

ADVANTAGES

  • Multi-Company consolidation
  • Inter-Company transactions
  • Dimensional accounting
  • Multi-Currency
  • Multi-Language
  • Purchase Requisition/Approvals and Workflow
  • Easy setup

 DISADVANTAGES

  • it’s not as fully developed
  • The job costing feature is too complicated
  • Users that are not accountants tend to have a hard time navigating

Multiview Software

Multiview is a financial management solution that includes financial reporting and analytics, general ledger with budgeting, A/R, A/P, POs with requisitions, as well as inventory, order entry with invoicing and fixed assets. Alerts with dashboards, WorkFlow.In addition to financials, Multiview also offers a reporting and analytics environment with the ViewPoint tool.

ADVANTAGES

  • Good sales team who have good knowledge of accounts
  • This software has fantastic functionality
  • It is highly customizable and able to suit the specific nuances of our business.

DISADVANTAGES

  • It is not user friendly
  • It can get a little problematic at times.

 

Cougar Mountain DENALI Software

Cougar Mountain Software offers a business accounting software for manufacturing, nonprofits and public services organizations. Denali is a core accounting solution with applications for general ledger, accounts payable and accounts receivable, inventory management and order entry. Denali Business accounting software offers accounting functionalities including auditing, reporting, data analysis and muli-location inventory management.Denali is offered as both cloud-based and on-premise solution 

ADVANTAGES

 Customer history

Multi level pricing for inventory

Cougar Mountain Denali software was user-friendly and able to access at any level

Manages an unlimited amount of inventory and concurrent users

Support is awesome 

DISADVANTAGES

 Some of the features cost extra money

Reports is not very effective

Many features costs extra money, even after purchasing the separate module

to use this software you need high speed internet for the frequent updates and code fixes

WHY REACH OVER OTHER SOFTWARE

  • Free cloud server advantage
  • All documents in one place
  • Even if you have multiple businesses, All accounts are docked in a single account
  • Easily import from Tally and Excel
  • Localised personally for all your business·
  • Personalised billing system·
  • Manage your customer, Supplier Management, Product Management
  • Unlike traditional software, our products are hosted on the cloud and
  • Allows all your employees to work at the same time
  • Custom made to suit your business·
  • Captures your leads from Emails and websites directly
  • Tracks your orders
  • Raises invoices
  • Converts Invoices raised in Foreign Currency to Indian Rupees
  • Imports from Excel and Tally
  • Gives Multi-User access
  • Allows to view reports on Mobile Phone
  • Manages your inventory
  • Shows your branchwise/sitewise profitability·
  • Securely backs up your data online
  • Free cloud server
  • All business data in one place

 CONCLUSION

Reach accounting software is simple accounting software that helps you in managing your sales, CRM, billing, manufacturing, accounting, and inventory. You can track expenses, income and profits branch wise. You can manage your business efficiently and improve your business to increased profit level. It helps you in improving your customer circle.

Feel free to chat with us

 

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©2020 reachautoerpsg

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