Drake Software Review - why 4.9 stars?

Drake Software Review
ITQlick Score: 86/100
ITQlick Rating:
Pricing: 5.8/10 - average cost
Category: Business tax -> Drake Software review
Ranking:Ranked 6 out of 65 Business tax systems
Company: Drake Software
Pricing: starts at $330 per year
Typical customers: Medium and large size businesses
Platforms: Desktop
Links: Drake Software pricing, Drake Software alternatives
Shlomi LaviShlomi Lavi / updated: Apr 12, 2022

We publish unbiased reviews. Our opinions are our own and are not influenced by payments from advertisers. This content is reader-supported, which means if you leave your details with us we may earn a commission. Learn why ITQlick is free .

What is Drake Software?

Drake software is a cloud-based and an on-premise professional tax management solution that is specifically made for small and medium-sized accounting firms. The solution enables the users to prepare any form of tax return whether business or personal, state or federal.

Drake software is a product of Drake Software Company established in 1977 in the United States with its headquarters based in Franklin, North Carolina. The software comes as a complete package, and there are no additional modules that the users are required to purchase.

Some primary features of Drake software include Billing and Invoicing, Scenario Planning, Tax Filing, and Tax Forms among several others. Drake software offers various modules including Drake Tax, Drake Accounting, and Drake Documents.

Who is it best for?

The typical customers include the following business size: Medium and large size businesses.

What is the actual cost?

The cost of license starts at $330 per year. ITQlick pricing score is 5.8 out of 10 (10 is most expensive). Access ITQlick pricing guide for Drake Software. You can also find here pricing information from Drake Software's website.

How it stacks up?

Access a head to head analysis of Drake Software vs alternative software solutions.
ITQlick rating
Score
Pricing
License pricing
Functionality
Review
Compare
Drake So...
ITQlick rating
4.9/5
Score
86/100
Pricing
5.8/10
License pricing
$330 per year
Functionality
4
Compare
TurboTax
ITQlick rating
4/5
Score
94/100
Pricing
3.6/10
License pricing
$60 per license
Functionality
7
GainsKeeper
ITQlick rating
3.4/5
Score
92/100
Pricing
6.4/10
License pricing
$69 per month
Functionality
7
ezTaxReturn
ITQlick rating
3.8/5
Score
91/100
Pricing
6.6/10
License pricing
$19.95 per license
Functionality
10
TurboTax...
ITQlick rating
3.9/5
Score
91/100
Pricing
5.6/10
License pricing
$170 per license
Functionality
4

Frequently Asked Questions (FAQs)

Is it the best Business tax system?

Drake Software is ranked 6 out of 65 software in their category (Business tax systems).

How they are rated on ITQlick?

The rating of Drake Software is 4.9 stars out of 5 and the total score is 86 out of 100. The rating score is based on our unbiased data-based algo. Learn more - rating methodology page.

Is it an easy to use Software?

Yes, Drake Software makes it fairly easy to use. This product is user friendly and intuitive.

Is it cloud-based?

No, the software in not cloud based so you would need to install it locally and connect it directly to a server.

Can it be used on mobile?

No, currently Drake Software can't be accessed on mobile, you would need to access it from your computer.

What should we ask during a demo session?

Differences between Drake Software and alternatives?

The most popular alternatives to Drake Software in 2024: TurboTax, GainsKeeper, ezTaxReturn, TurboTax Free Edition Online, BNA Income Tax Planner. Access the complete competitors analysis here - Drake Software VS Business tax Software alternatives.

Is Drake Software right for you or your business?

Drake software is built to offer professional tax management solutions for small and medium-sized accounting firms. Various Tax practices, as well as corporations seeking to file their returns, can benefit significantly from using Drake software. Different industries that can also use Drake software are manufacturing, financial services, energy, oil & gas, construction and more.

List of categories

Business tax

List of features

Data Import/Export
Basic Reports
Online Customer Support

Auditor - Shlomi Lavi

Website Linkedin profile Facebook Twitter

Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.