FINSYNC - Top Competitors (Apr 2022)

FINSYNC Review
ITQlick Score: 91/100
ITQlick Rating:
Pricing: 2.8/10 - low cost
Category: Core Accounting -> FINSYNC review -> FINSYNC competitors
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 review, FINSYNC pricing guide
Shlomi LaviShlomi Lavi / updated: Apr 12, 2022

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FINSYNC vs. Alternatives in 2024

Although the principles of accounting are same across the world. It is essential to compare and analyze various accounting software to find the best fit for your business. The three major competitors of FinSynch are Xero, QuickBooks, and FreshBooks.
  • Functionality: Xero is a cloud-based accounting and invoicing software for small, medium, and large-sized organizations. The features offered by Xero include, audit trail, automated quoting, bank reconciliation, benefits management, billing & invoicing, billing portal, budgeting/forecasting, calendar management, case management, cash management, cataloging/categorization, check printing, check processing, check writing, client management, forecasting, fraud detection, fund accounting, general ledger, hourly billing, and income & balance sheet. Xero also offers multi-state support as well as mobile access to the users.

    QuickBooks is a Desktop and cloud-based accounting and payroll software for all types of organizations. It is one of the oldest accounting software in the market. The features offered by QuickBooks include, 401(k) tracking, accounting, accounts payable and receivable, accrual accounting, activity dashboard, asset accounting & tracking, bank reconciliation, benefits management, billing & invoicing, billing portal, budgeting/forecasting, cash management, check printing, spend management, tax calculation, tax compliance, tax management, third party integrations, time & expense tracking, vacation/leave tracking, w-2 preparation, and wage garnishment. As compared to FinSync QuickBooks offer a wide range of features. Also, it can be easily integrated with other systems.

    FreshBooks is a cloud-based accounting and invoicing system. It is specifically designed for self-employed individuals. The features offered by FreshBooks include, data visualization, deferred billing, expense tracking, financial analysis, financial reporting, general ledger, hourly billing, invoice processing, tax calculation, tax management, and time & expense tracking.
  • Pricing: The starting price of FreshBooks is around $6 per month. However, for unlimited client support the price is around $20 per month. The cost of QuickBooks is approximately $8 per month. Whereas the cost of Plus plan is around $17 per month. The cost of Xero is around $5.50 per month for the basic plan. Whereas the Established plan costs around $31 per month. In comparison between FinSync and its alternatives, FinSync is the expensive option.
  • Support: FinSync and the alternatives discussed offer complete support to the users. The support includes documentation, live training, email and phone support, chat support, FAQs, articles/blogs, knowledge base, and webinars.
  • FINSYNC alternatives - for small & large Business

    Here are the top 4 alternatives to FINSYNC that are worth checking out: QuickBooks Online Plus for SMBs, Multiview for large size business, Zoho Books for growing companies, and Adminsoft Accounts for low budget organizations.

    ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
    Score ITQlick Score is a 1 to 100 score, based on pricing, and functionality Vs. alternative solutions
    Pricing pricing Score is a 1 to 10 score, based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
    License pricing license pricing (if provided by the software vendor)
    Functionality
    Review
    Compare
    FINSYNC
    ITQlick rating
    4.4/5
    Score
    91/100
    Pricing
    2.8/10
    License pricing
    $40 per month
    Functionality
    13
    Best for SMBs
    QuickBoo...
    ITQlick rating
    4.2/5
    Score
    99/100
    Pricing
    5/10
    License pricing
    $12.50 per month
    Functionality
    7
    Best for Enterprise
    Multivie...
    ITQlick rating
    4.6/5
    Score
    93/100
    Pricing
    3.8/10
    License pricing
    $150 per user/year
    Functionality
    53
    Growing
    Zoho Boo...
    ITQlick rating
    4.4/5
    Score
    96/100
    Pricing
    2.4/10
    License pricing
    $10 per organizer/month
    Functionality
    9
    Free version
    Adminsof...
    ITQlick rating
    4.4/5
    Score
    92/100
    Pricing
    6.8/10
    License pricing
    $259 per license
    Functionality
    13


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.