MoneyDesktop - Top Competitors (Mar 2022)

Shlomi Lavi / updated: Mar 12, 2022

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MoneyDesktop vs. Alternatives in 2023

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.