TrustFile Review - why 4.6 stars?

TrustFile Review
ITQlick Score: 62/100
ITQlick Rating:
Pricing: 3/10 - low cost
Category: Accounting & Finance -> TrustFile review
Ranking:Ranked 228 out of 419 Accounting & Finance systems
Company: Avalara
Pricing: starts at $20 per month
Typical customers: Medium and large size businesses
Platforms: Desktop
Links: TrustFile pricing, TrustFile alternatives
Shlomi LaviShlomi Lavi / updated: Jul 15, 2022

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What is TrustFile?

TrustFile is web based sales tax calculation and reporting software for small and medium businesses. It offers state and federal sales tax management along with detailed reporting and data storage. The software was designed and launched by Avalara Inc headquartered in Washington, United States.

Who is it best for?

The software is a viable solution for small and medium businesses. For sales tax and transactional tax calculation and management, it can be deployed in any major industries. Common industries where it has been found deployment include financial services, retail and sale, manufacturing, automation, and others.

Main features and functionalities

The software features a dedicated sales tax calculation engine for accurate assignment of tax rates in individual transactions. Multiple taxes can be managed at the same time. Detailed tax reporting features different categories such as tax collected, estimated tax owned, and collection disparity. The software also allows you to maintain a detailed record of your sales tax history at once place which is easily accessible.

TrustFile allows you to create, manage, and send invoices with sales tax calculated for multiple products. It also offers jurisdiction breakdown for different product rates derived from multiple taxing jurisdictions. These different rates can later be accumulated at once place.

What is the actual cost?

The cost of license starts at $20 per month. ITQlick pricing score is 3 out of 10 (10 is most expensive). Access ITQlick pricing guide for TrustFile. You can also find here pricing information from TrustFile's website.

How it stacks up?

Access a head to head analysis of TrustFile vs alternative software solutions.
ITQlick rating
Score
Pricing
License pricing
Functionality
Review
Compare
TrustFile
ITQlick rating
4.6/5
Score
62/100
Pricing
3/10
License pricing
$20 per month
Functionality
6
Compare
Denali B...
ITQlick rating
4.1/5
Score
93/100
Pricing
2.6/10
License pricing
$1,999 per license
Functionality
16
Intuit G...
ITQlick rating
3.2/5
Score
92/100
Pricing
6/10
License pricing
$12.50 per user/month
Functionality
3
MoneyDesktop
ITQlick rating
4.7/5
Score
92/100
Pricing
5.2/10
License pricing
Pricing not available
Functionality
4
MultiCHAX
ITQlick rating
3.4/5
Score
92/100
Pricing
7/10
License pricing
$99 per license
Functionality
5

Frequently Asked Questions (FAQs)

Is it the best Accounting & Finance system?

TrustFile is ranked 228 out of 419 software in their category (Accounting & Finance systems).

How they are rated on ITQlick?

The rating of TrustFile is 4.6 stars out of 5 and the total score is 62 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, TrustFile 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 TrustFile 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 TrustFile and alternatives?

The most popular alternatives to TrustFile in 2023: Denali Business, MoneyDesktop, MultiCHAX, Intuit GoPayment, Alight Planning Enterprise. Access the complete competitors analysis here - TrustFile VS Accounting & Finance Software alternatives.

List of categories

Accounting & Finance
Core Accounting
Sales Automation

List of features

Data Import/Export
Basic Reports
Online Customer Support

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.