FINSYNC Review - why 4.4 stars?

FINSYNC Review
ITQlick Score: 91/100
ITQlick Rating:
Pricing: 2.8/10 - low cost
Category: Core Accounting -> FINSYNC review
Ranking:Ranked 10 out of 137 Core Accounting systems
Company: FINSYNC
Pricing: starts at $40 per month
Typical customers: Small businesses and start ups
Platforms: Cloud
Links: FINSYNC pricing, FINSYNC alternatives
Shlomi LaviShlomi Lavi / updated: Apr 12, 2022

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What is FINSYNC?

FinSync is a cloud-based accounting solution to help businesses automate their accounting and invoicing processes. The features offered by FinSync include, accounts receivable, automatic time capture, bank reconciliation, billing & invoicing, CPA firms, customizable invoices, direct deposit, expense tracking, fixed asset management, mobile time tracking, online invoicing, payment processing, payment processing, payroll management, online payments, purchase order management, online punch card, and project billing.

FinSync offers multi-state support therefore, you can have an accounting and billing system based on the different states you are currently operating in. The target user audience of FinSync is small, medium, and large-sized organizations. FinSync does not offer any mobile-app support which makes accounting and invoicing a bit hectic.

Who is it best for?

The typical customers include the following business size: Small businesses and start ups.

What is the actual cost?

FinSync offers multiple pricing plans for its users. The basic plan is free of cost. However, it only includes financing and basic cash flow management. For $10 per month you can includes payments inbox module. However, for payroll the cost is around $30 per month. There is also a Business Pro Plan costing around $45 per month.

It includes payments inbox, financing, advanced cash flow management, invoicing, bill pay, and accounting modules. To add Payroll you need to pay an additional fee of $30 per month. Moreover, to handle multiple projects you can pay an additional fee of $20 per month.

ITQlick pricing score is 2.8 out of 10 (10 is most expensive). Access ITQlick pricing guide for FINSYNC. You can also find here pricing information from FINSYNC's website.

Pros

  • It is a comprehensive solution with easy to use interface
  • The customer support is very helpful and is available at all times
  • The cross-system integrations are seamless
  • It is cost-effective

Cons

  • The software does not provide the option for different currencies
  • The initial learning process of FinSync takes a bit time

How it stacks up?

Access a head to head analysis of FINSYNC vs alternative software solutions.
ITQlick rating
Score
Pricing
License pricing
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FINSYNC
ITQlick rating
4.4/5
Score
91/100
Pricing
2.8/10
License pricing
$40 per month
Functionality
13
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QuickBoo...
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Wave Acc...
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4.4/5
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97/100
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Pricing not available
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8
Zoho Boo...
ITQlick rating
4.4/5
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96/100
Pricing
2.4/10
License pricing
$10 per organizer/month
Functionality
9
Vyapar
ITQlick rating
4.4/5
Score
95/100
Pricing
8/10
License pricing
$49.99 per year
Functionality
5
Review

Frequently Asked Questions (FAQs)

Is it the best Core Accounting system?

FINSYNC is ranked 10 out of 137 software in their category (Core Accounting systems).

How they are rated on ITQlick?

The rating of FINSYNC is 4.4 stars out of 5 and the total score is 91 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, FINSYNC makes it fairly easy to use. This product is user friendly and intuitive.

Is it cloud-based?

Yes, they offer cloud based hosting, which means IT resources are retrieved through web-based tools and applications and you don't need to buy servers and additional hardware equipment.

Can it be used on mobile?

No, currently FINSYNC 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 FINSYNC and alternatives?

The most popular alternatives to FINSYNC in 2023: QuickBooks, Wave Accounting, Zoho Books, FreshBooks, Vyapar. Access the complete competitors analysis here - FINSYNC VS Core Accounting Software alternatives.

Is FINSYNC right for you or your business?

FinSync is perfect fit for organizations that require minimum set of features as the users can purchase additional features as required. However, it is one of the most expensive options in the market. The extensive set of features and multi-state support fits the accounting and payroll needs of the organizations. It is fit for all organization regardless of the size. However, there are better alternatives in the market with great feature support. Therefore, it depends on the requirements of the organization.

List of categories

Accounting & Finance
Recurring Billing
Billing & Invoicing
Fixed Asset Accounting
Payment Processing
Payroll Accounting
Project Accounting
Data Analysis Tools
Expense Tracking
PO: Purchase orders
Project Billing
Project Reporting

Auditor - Shlomi Lavi

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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.