Accounting tasks are an essential part of running a successful healthcare or medical practice. From tracking finances to managing accounts payable, the right accounting software can help streamline processes, make operations more efficient, and provide real-time insights into your practice’s financial performance. To help make your search for the best accounting software for healthcare and medical practices easier, we’ve compiled a list of our top five solutions with key features and benefits to help you make the best choice for your business.
Zoho Books is a cloud-based accounting software that provides features such as invoicing, expense tracking, and inventory management. It is aimed at small businesses and includes integrations with various other business tools.
- Invoicing
- Invoicing
- Expense tracking
- Inventory management
- Financial reporting
- User-friendly interface with customizable templates
- Robust inventory and project management
- Powerful bank reconciliation and payment processing
- Limited mobile app capabilities
- Some users may find the interface too cluttered or confusing
- Limited customization options for certain features
- Shopify
- Salesforce
- HubSpot
Sage Intacct 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
- Order management
- Revenue management
- Project accounting
- Efficient financial management and reporting for mid-sized businesses
- Advanced order and revenue management
- Powerful vendor and project management
- Higher pricing for advanced features and customization
- Steep learning curve for some users
- Limited integration options with other software
- Expensify
- Stripe
- Slack
FreshBooks is an accounting software that includes invoicing, time tracking, and project management features, primarily aimed at freelancers and small businesses. It is cloud-based and offers mobile apps for iOS and Android.
- Invoicing
- Invoicing
- Time tracking
- Project management
- Estimates and proposals
- Time-saving automation of invoicing and payment processing
- Easy time tracking and project management
- Simplified tax preparation
- Higher pricing for advanced features and multi-user support
- Limited customization options for invoices and reports
- Limited integration options with other software
- Shopify
- Trello
- Mailchimp
AccountEdge is desktop accounting software aimed at small businesses. It includes features such as payroll and inventory management, along with various other accounting features.
- Invoicing
- Invoicing
- Expense tracking
- Financial reporting
- Payroll
- Comprehensive accounting and financial management
- Advanced inventory and payroll management
- Powerful time billing and reporting
- Limited cloud-based capabilities and mobile access
- Limited integration options with other software
- Higher pricing for advanced features and multi-user support
- Bill.com
- Microsoft Office 365
- HubSpot
Acumatica 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 accounting
- Unified platform for financial, inventory, and order management
- Robust project and CRM management
- Flexible and scalable customization
- Steep learning curve for some users
- Higher pricing for advanced features and customization
- Limited customer support options for some plans
- Salesforce
- Dropbox
- Zapier