As an advertising agency, you know how lucrative it can be to find the right accounting software to manage your finances. With the right software, you can keep track of your budget and monitor cash flow in order to stay within your limits. Fortunately, there is a wide range of accounting software available on the market today, ranging from traditional solutions to cloud-based systems that are designed specifically for advertising agencies. Here, we break down the 5+ best accounting software options for advertising agencies, so that you can make an informed decision and select the best option for your business’s specific needs.
KashFlow is a cloud-based accounting software aimed at small businesses. It includes features such as invoicing, expense tracking, and financial reporting.
- Invoicing
- Invoicing
- Expense tracking
- Payroll
- Financial reporting
- Streamlined invoicing and payment processing
- Efficient expense tracking and reporting
- Automated VAT filing and compliance
- Limited integration options with other software
- Limited customization options for invoices and reports
- Higher pricing for additional users and advanced features
- Dropbox
- HubSpot
- PayPal
Sage 50 is desktop accounting software aimed at small to medium-sized businesses. It includes features such as payroll and job costing, along with various other accounting features.
- Invoicing
- Accounting and financial management
- Payroll
- Inventory management
- Job costing
- Comprehensive accounting and financial management
- Advanced payroll processing and reporting
- Efficient inventory management
- Limited cloud-based capabilities and mobile access
- Some users may find the interface too complex or outdated
- Higher pricing for additional users and advanced features
- Bill.com
- Salesforce
- Google Drive
Xero is a revolutionary cloud-based accounting software that has transformed the way businesses manage their finances. With its user-friendly interface and comprehensive suite of features, Xero makes it easy for businesses of all sizes to manage their accounting processes efficiently and effectively.
One of the standout features of Xero is its invoicing tool, which allows businesses to create professional-looking invoices that are fully customizable with their branding. The tool also enables businesses to set payment terms and automate payment reminders, reducing the risk of missed payments and improving cash flow.
Xero's inventory management feature is another standout tool that allows businesses to track their stock levels, sales, and purchase orders in real-time. With this feature, businesses can make informed decisions about inventory, avoid overstocks or shortages, and streamline their supply chain management processes.
Payroll processing is a critical function for businesses, and Xero makes it simple with its payroll feature. The tool automates payroll calculations, including employee salaries, taxes, and deductions, saving businesses time and ensuring compliance with relevant tax laws and regulations.
- Bills & Expenses
- Invoicing
- Inventory management
- Payroll
- Bank reconciliation
- User-friendly interface for small business owners
- Extensive third-party app integration
- Advanced inventory management
- Higher pricing for advanced features and multi-currency support
- Some users may find the interface too simplistic or lacking in advanced features
- Limited mobile app capabilities
- HubSpot
- Stripe
- Shopify
NetSuite is a cloud-based accounting software that provides financial management, inventory management, and order management features. It is aimed at businesses of all sizes and includes integrations with various other business tools.
- Invoicing
- Financial management
- Inventory management
- Order management
- Project management
- Unified platform for financial, inventory, and order management
- Comprehensive reporting and analytics
- Flexible customization and scalability
- Higher pricing for advanced features and customization
- Steep learning curve for some users
- Limited customer support options
- Salesforce
- Expensify
- Dropbox
Odoo is an open-source accounting software that includes features such as invoicing, expense tracking, and inventory management. It is primarily aimed at small businesses and includes various other business tools.
- Invoicing
- Invoicing
- Expense tracking
- Inventory management
- Financial reporting
- Open-source platform with modular design for customization
- Comprehensive financial and project management
- Advanced CRM and eCommerce capabilities
- Steep learning curve for some users
- Limited customer support options
- Some users may find the interface too complex or cluttered
- Shopify
- Gmail
- FedEx