QuickBooks Enterprise vs e-conomic
Last Updated:Our analysts compared QuickBooks Enterprise vs e-conomic based on data from our 400+ point analysis of Accounting Software, user reviews and our own crowdsourced data from our free software selection platform.
Product Basics
Product Assistance
Product Insights
- Maintain Order Fulfillment: Handle every aspect of the order fulfillment process from beginning to end via advanced inventory management, barcode scanning and strengthened picking, packing and shipping.
- Track Projects: Maintain cash flow, construct more accurate estimates and keep revenue profitable by following job costs throughout several construction projects.
- In-Depth Reports: Leverage the advanced reporting apparatus to draft documents with suitable KPIs and contemplate better business strategies.
- Several Reports: Browse more than 200 report templates and 70 tailored industry documents via the reporting accessory.
- Adjust Pricing: Govern, alter and initiate automatic fees with the advanced pricing module.
- Offer Discounts: Establish quantity discounts, manufacturing markdowns, seasonal and scheduled promotions and top-priority customer rules.
- Time Efficiency: Automate repetitive accounting tasks, such as invoicing and bank reconciliation, freeing up valuable time for strategic decision-making.
- Real-Time Financial Insights: Access up-to-date financial data and reports, enabling informed business decisions and proactive financial management.
- Scalability: Easily adapt to business growth with scalable features that accommodate increasing transaction volumes and complex accounting needs.
- Collaboration: Facilitate seamless collaboration between accountants, bookkeepers, and business owners through shared access to financial data.
- Cost Savings: Reduce overhead costs associated with manual accounting processes and minimize errors that could lead to financial discrepancies.
- Compliance Assurance: Stay compliant with local and international accounting standards and regulations, reducing the risk of legal issues.
- Data Security: Benefit from robust security measures that protect sensitive financial information from unauthorized access and data breaches.
- Customizable Reporting: Generate tailored financial reports that meet specific business needs, providing clarity and insight into financial performance.
- Integration Capabilities: Connect seamlessly with other business tools and applications, streamlining workflows and enhancing productivity.
- User-Friendly Interface: Navigate the software with ease, thanks to an intuitive design that reduces the learning curve for new users.
- Remote Accessibility: Access your accounting data from anywhere with an internet connection, supporting flexible work arrangements and remote teams.
- Cash Flow Management: Monitor and manage cash flow effectively, ensuring sufficient liquidity for operational needs and growth opportunities.
- Customer Support: Receive expert assistance and guidance from a dedicated support team, ensuring smooth operation and troubleshooting when needed.
- Environmental Impact: Reduce paper usage and contribute to sustainability efforts by digitizing accounting processes and documentation.
- Decision Support: Leverage analytical tools and insights to support strategic planning and enhance business performance.
- User Permissions: Permit anywhere from one to 40 users that work simultaneously on this solution and initiate user permissions to safeguard confidential information. Choose from one of 14 preset roles for new users and permit which users can review, alter or erase particular patrons, suppliers or data.
- Payroll: Construct infinite checks, initiate direct deposit, sort payroll taxes and generate W2 forms. Users may install calendar reminders to meet payroll tax deadlines on time.
- Reporting: Peruse more than 200 adjustable report templates suitable for particular industries or create reports from scratch.
- Payments: Maintain updates and allocate costs straightaway to banks to always stay in the loop of bottom lines. Instantly match, attach and chronicle ACH and credit transactions made within QuickBooks.
- Time Tracking: Contrast and compare budgeted against actual hours, distribute responsibilities and track progress. Managers and clients may effortlessly validate finished timesheets and projects from mobile devices with the digital signature capture extension.
- Bank Management: Arrange bank transactions faster with improved payee, account and class matching. Leverage improved regulations and batch editing to reduce data entry and recognize and fix issues.
- Payment Receipts: Tailor receipts with business logos and more for a professional and consistent format for patron messages.
- Invoicing: Create and send professional invoices with customizable templates, ensuring brand consistency and clarity.
- Bank Reconciliation: Automatically match transactions with bank statements, reducing manual entry and errors.
- Expense Management: Track and categorize expenses efficiently, allowing for better financial oversight and control.
- Multi-Currency Support: Handle transactions in various currencies, ideal for businesses operating internationally.
- Project Management: Monitor project budgets and timelines, integrating financial data for comprehensive project oversight.
- Reporting: Generate detailed financial reports, including balance sheets and profit & loss statements, for informed decision-making.
- VAT Management: Automate VAT calculations and submissions, ensuring compliance with local tax regulations.
- Mobile Access: Access your accounting data on-the-go with a mobile-friendly interface, enhancing flexibility and responsiveness.
- Integration Capabilities: Seamlessly connect with other business tools like CRM and e-commerce platforms to streamline operations.
- User Permissions: Set specific access levels for different users, maintaining data security and integrity.
- Customer Support: Access a dedicated support team and comprehensive online resources for troubleshooting and guidance.
- Time Tracking: Record billable hours directly within the platform, simplifying invoicing for service-based businesses.
- Inventory Management: Keep track of stock levels and manage orders, ensuring efficient supply chain operations.
- Recurring Invoices: Automate the billing process for regular clients, saving time and reducing administrative workload.
- Dashboard Overview: Gain insights into key financial metrics with a customizable dashboard, providing a snapshot of business health.
Product Ranking
#27
among all
Accounting Software
#102
among all
Accounting Software
User Sentiment Summary
17875 reviews
1 reviews
QuickBooks Enterprise has a 'excellent' User Satisfaction Rating of 90% when considering 17875 user reviews from 4 recognized software review sites.
e-conomic has a 'fair' User Satisfaction Rating of 60% when considering 1 user reviews from 1 recognized software review sites.
Awards
QuickBooks Enterprise stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.
Synopsis of User Ratings and Reviews
QuickBooks Enterprise is a thorough accounting ERP with features aplenty — such as user permissions, reporting, bank management, payroll, time tracking and more — to keep bookkeeping tasks hassle free. Although some users find that the training materials and installation process were difficult, the majority found the implementation satisfactory and the interface manageable. This platform is handy for small businesses and entrepreneurs as it streamlines routine accounting assignments. Most users find this ERP an efficient accessory.
Is e-conomic really economical with the truth when it comes to user experience? User reviews from the past year paint a somewhat ambivalent picture of this cloud-based accounting software. While e-conomic is generally lauded for its user-friendly interface and comprehensive suite of features, including electronic invoicing and bank reconciliation, some users find that certain aspects, such as VAT reporting, necessitate a considerable amount of accounting knowledge, potentially posing a challenge for newcomers. This is akin to having a car with all the bells and whistles but needing a mechanic's certification to change a tire. A key differentiator for e-conomic is its robust automation tools, such as automatic invoice reading and attachment matching, which streamline tedious accounting tasks. However, the software's integration setup can be a bit of a head-scratcher, often requiring technical expertise. Furthermore, while e-conomic is praised for its cloud-based efficiency and secure data access, some users find the interface clunky, especially for more complex tasks, like navigating a labyrinthine library. In essence, e-conomic appears best suited for businesses with some existing accounting infrastructure and technical know-how, much like a seasoned chef who can fully utilize a professional-grade kitchen. Smaller businesses or those lacking technical expertise might find the learning curve a tad steep.
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