MoneyDesktop - Top 4 Alternatives (Mar 2022)

MoneyDesktop Review
ITQlick Score: 92/100
ITQlick Rating: (4.7/5)
Pricing: 5.2/10 - average cost
Category: Accounting & Finance -> MoneyDesktop -> MoneyDesktop competitors
Ranking:Ranked 3 out of 419 Accounting & Finance systems
Company: MoneyDesktop
Typical customers: SMBs
Platforms: Desktop
Links: MoneyDesktop review, MoneyDesktop alternatives
Shlomi LaviShlomi Lavi / updated: Mar 12, 2022

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Every business has different needs and requirements. Therefore, it is essential to compare and analyze the various alternatives to find the right accounting and business tool for your business. The three competitors of MoneyDesktop are QuickBooks, MultiCHAX, and FreshBooks.
  • Functionality: QuickBooks is a cloud-based accounting and bookkeeping software for medium and large-sized organizations. It offers various features, including transaction tracking, bank integration, tracking and invoicing, taxation, employee hour tracking, budgeting, online payments, scan receipts, track invoice & billing, profit & loss reports, cash flow statements, and export/import CSV. Compared to MoneyDesktop, QuickBooks offers higher feature support. Moreover, QuickBooks offers both on-premises and cloud access.

    MultiChax is a cloud-based and on-premises printing software that can integrate with your current accounting program. Moreover, blank check printing, customized checks, multiple template support, eSignatures & logos, and network compatibility support. Furthermore, you can integrate MultiChax with QuickBooks for quick printing of receipts.

    MultiChax is not specifically an accounting software. However, a check printing tool can make check handling for your business faster and more efficient. FreshBooks is cloud-based accounting software for all types of organizations.

    It offers features such as invoicing & accounting in-app estimates & proposals, payroll, recurring billing, app integrations, pre-populated chart of accounts, check-out links, and time tracking. The feature set offered by FreshBooks is similar to MoneyDesktop. However, FreshBooks offers highly interactive visualizations and graphs.
  • Pricing: The cost of QuickBooks is around $8 per month for the basic plan. Whereas the Premium package costs around $17 per month. However, the basic price of MultiChax is $99 with no additional and recurring fees. Whereas the ultimate MultiChax is around $299. The cost of FreshBooks is approximately is $6 per month for the basic plan, whereas the premium pricing plan is $20 per month. The users can also get a custom plan by contacting FreshBooks support. In the given three alternatives, QuickBooks is the lowest-priced option.
  • Support: MoneyDesktop offers complete support to its users. From documentation to live support, MoneyDesktop has everything in place to help its customers. Moreover, it also provides newsletters, webinars, and training for easy onboarding of the users. On the other hand, MultiChax is just an online knowledge base and online support. However, QuickBooks and FreshBooks offer documentation, blog, newsletters, and online support to help users with their concerns.

MoneyDesktop alternatives - for low budget, SMBs and global businesses

Here are the top 4 alternatives to MoneyDesktop that are worth checking out:

Denali Business for SMBs, MultiCHAX for large size business, Aplos Fund Accounting for growing companies, and BQE Core for startups and SMBs.
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
MoneyDesktop
ITQlick rating
4.7/5
Score
92/100
Pricing
5.2/10
License pricing
Pricing not available
Functionality
4
Best for SMBs
Denali
ITQlick rating
4.1/5
Score
93/100
Pricing
2.6/10
License pricing
$1,999 per license
Functionality
16
Review
Best for Enterprise
MultiCHAX
ITQlick rating
3.4/5
Score
92/100
Pricing
7/10
License pricing
$99 per license
Functionality
5
Growing
Aplos
ITQlick rating
4.4/5
Score
90/100
Pricing
3.6/10
License pricing
$29.50 per month
Functionality
3
Review
Free version
BQE
ITQlick rating
4.3/5
Score
80/100
Pricing
2.4/10
License pricing
$7.95 per user/month
Functionality
20
Review

Author

Shlomi Lavi

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Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.