SlickPie vs e-conomic
Last Updated:Our analysts compared SlickPie 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
- Review Various Reports: Obtain aged receivables and payables, balance sheets, general ledgers, trial balances, journal reports and other accounting reports available through the accounting module. Stay informed about business finances and make reasonable business decisions.
- Stay On Top of Bills: Include new bills with appropriate company accounting information like dates, amounts, vendors, products and quantities with the billing tool. Automatically sync data throughout the system to stay in the financial loop.
- Work With Various Currencies: Leverage the multi-currency module with international clients and vendors by enabling them to send invoices in any currency. Establish a default currency for more accessible conversions.
- Generate Automatic Quotes: Construct quotes and estimates in only a few seconds and send them to current and prospective patrons with the amount charged for each good or service for faster payments and acceptances.
- Send Payment Reminders: Activate automatic payment reminders to keep customers aware of due and past due compensation. Get paid faster with automatic notifications and little or no extra effort to reach out to customers and clients by hand.
- Manage Paperless Receipts and Bills: Save bills and receipts as JPG, PNG, GIF or PDF formats or email them to a Dropbox folder. Upload files to Dropbox folders via mobile devices. Files are promptly read and converted into transactions for evaluation, eliminating manual information inputting.
- Supervise Real-time Bank Feeds: Review live bank feeds and link to most major banks worldwide. Update feeds automatically to understand balance and cash flow health.
- Utilize Intricate Security: Employ military-caliber 256-bit encryption to guarantee user data protection. Log out automatically after no activity for one hour. Allow only authorized users to gain access if invited. Data centers contain biometric systems, video cameras and 24/7 onsite security guards.
- Access On Mobile Devices: Implement this system from any iOS, Android and Windows-based phone or tablet to receive real-time data on the go.
- Gain an All-digital Database: Attach business documents and financial information to reduce clicks. Create and store specific transaction evidence for audit trails.
- 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.
- Invoices: Implement predetermined invoice templates or formats. Install automatic, recurring invoices that send to the same clients with the same conditions, get prompt payments when clients hit the simple payment link, and directly pay with a credit card or PayPal.
- Payment Modes: Compensate invoices with Visa, MasterCard, American Express, PayPal or Stripe for faster online payments and better deadline management. Utilize encrypted data for all transactions for enhanced security.
- MagicBot and Expense: Input expenses and transactions manually or perform automatic scans. Attach source documents or mark billable fees. Draft personalized payments for all costs.
- Sales Tax: Manage municipal, state, regional, provincial, federal and other tax types that apply to company accounts. Create several tax names and connect them to specific products or repeating transactions.
- Bank Reconciliation: Import information from bank accounts, credit cards and PayPal transactions to verify current books and accounts. Reconcile all payments made within the last year in minutes instead of hours.
- User Management: Add additional users and companies, from accountants and business partners to staff members and external companies, without limitations for effective centralization.
- Transactions History: Use detailed purchasing data, such as dates, amounts paid, amounts received, taxes, fees, side notes, credits, interests, client information, chart of account, previous related acquisitions and more, for in-depth monitoring.
- 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
#50
among all
Accounting Software
#102
among all
Accounting Software
User Sentiment Summary
25 reviews
1 reviews
SlickPie has a 'excellent' User Satisfaction Rating of 93% when considering 25 user reviews from 3 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
SlickPie stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.
Synopsis of User Ratings and Reviews
Is SlickPie the real deal or just a pie in the sky? SlickPie is a free online accounting software that offers a variety of features for small businesses, including invoicing, expense tracking, and financial reporting. While SlickPie is lauded for its free core features, user reviews highlight some key weaknesses. Users often complain about the software's lack of advanced features, such as inventory management and payroll. Some users also find the interface to be clunky and difficult to navigate. SlickPie's free plan is a great starting point for early-stage businesses looking to minimize overhead costs, but as businesses grow, they may need to upgrade to a paid plan or switch to a more robust accounting software. SlickPie's strengths lie in its simplicity and ease of use. Users praise the software's intuitive interface and straightforward features. The software is also highly customizable, allowing users to tailor it to their specific needs. SlickPie's free plan is a major differentiator, as it allows businesses to access core accounting features without any time or user restrictions. This is a significant advantage over other accounting software providers that offer free trials but then require users to pay for a subscription. SlickPie is best suited for small businesses and solopreneurs who are looking for a simple and affordable accounting solution. The software is ideal for businesses that don't require advanced features like inventory management or payroll. However, if a business needs more robust features, they may need to consider a paid plan or a different accounting software altogether.
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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