Best Cloud Accounting Software Comparison: Small Business & Big Business Solutions

Last Updated:Wednesday, November 15, 2023

To run a successful business, you need more than skills; you need proper money management systems. And that’s where accounting software platforms come in. Luckily, our best cloud accounting software comparison post makes finding the right choice easy.

In today's fast-paced digital age, cloud accounting software for small business and enterprises have emerged as indispensable tools, streamlining operations and boosting productivity. 

This is why we've put together a comprehensive breakdown of the finest cloud accounting solutions to help you better manage your business.

Ready to find out? Let's get to it!


Cloud accounting software comparison chart (top 10 highest rated cloud accounting solutions)

We have a comprehensive list of cloud based accounting solutions to explore, but first, here’s  a quick table to examine the best qualities and pricing of each product.


Best for



Intuit Quickbooks online

Best cloud accounting software for small business

It starts at $15


Netsuite cloud 

Best cloud based accounting software for big business

Custom quote


Zoho Books

Great web based accounting software

Starts with a free plan


Sage 50cloud Accounting

Top cloud financial software

$520.20 per year



Top software with cloud accountants

Lite plan costs $8.50 before becoming $17 after six months 



Good cloud accounting service



Workday Financial Management

Great cloud based invoicing software

Custom Quote 



Good cloud accounting service with a user-friendly interface 

$216 per year.



Top free cloud accounting software 

Starts with a free plan



Great cloud based financial automation platform

Custom Quote 



What are the different types of cloud based accounting systems?

Besides the question, “What is cloud accounting?” the next most popular question is, “Are there different types of cloud accounting systems?” Yes, there are various types of cloud accounting systems available to businesses, but we will briefly look at 4 of these types.

Types of cloud accounting systems:

  • General cloud accounting accounting software - This type of cloud accounting system typically gives users a general set of features that allow them to run their daily business effectively.

  • Payroll processing - This set of cloud accounting systems has specific strengths in payroll management and while they have other features their strong suite is in payroll management.

  • Bill paying services - Some cloud based accounting solutions have their focus on having bill payment and collection easier and less knotty.

  • Project accounting software - This form of accounting system is ideal for firms that operate on several projects since it permits tracking of expenditures and revenues linked with individual projects, allowing better project cost control.


What is the best cloud accounting software for small business or big business ventures? Here’s our top 10 list:

Having dealt with some types of cloud accounting software available, what is the best cloud accounting software for small business? To answer this question, we prepared ten cloud accounting software reviews that will touch on the core features, pros, cons, and pricing of these solutions. 

1. Intuit Quickbooks online (best cloud accounting software for small business)

When managing your new startup in its infancy, it is necessary to have a small business cloud accounting software that makes the whole process easier. Intuit QuickBooks Online is the go-to cloud based small business accounting software. 

While there are other options, Intuit Quickbooks online is a complete financial management suite with many features that aid small businesses, including churches. That’s why it made our list of best church accounting software as well.

Key features include inventory management, payroll order, tax filing, invoicing, bank account tracking and reconciliation, expense management, budgeting, payment processing, and accounts receivable and accounts payable management.

If you have problems creating financial reports for your business, intuit QuickBooks will simplify the entire process. The company has an interactive dashboard and works effectively through the cloud. 

Your information is stored online, allowing you to work from anywhere as long as you can log in through your devices. It is important to note that QuickBooks can also serve as a cloud based accounting software for nonprofits.


  • Effective record keeping and reporting.

  • Wholistic inventory management system.

  • Multiple integration options.

  • There is smooth automation for bank reconciliation.


  • Monthly plans can be a bit expensive.

  • There could be a short learning curve.


Intuit QuickBooks Online has four major plans:

  • Simple start - $15

  • Essentials - $27 

  • Plus - $42

  • Advanced - $100

Each Plan is currently at a 50% discount for three months. QuickBooks also offers a free trial period for 30 days. 

Intuit QuickBooks review

Visit Intuit QuickBooks

2. Netsuite Cloud (best cloud based accounting software for big business)

Netsuite Cloud is a leading cloud based accounting software solution tailored for big businesses and can be said to be the top big business accounting software.

NetSuite provides an appealing cloud based financial management solution as part of its sophisticated ERP offering, allowing organizations to maintain their financial data and automate many critical accounting activities. 

NetSuite provides reporting, planning, billing capabilities, and easy integration with other applications, such as Oracle's portfolio of business solutions. NetSuite may also be utilized in many currencies, making it an excellent choice for developing businesses with a worldwide consumer base.


  • NetSuite smoothly serves small and midsize businesses as they expand into giant corporations.

  • Netsuite Cloud can effortlessly accommodate the needs of large businesses, supporting their growth without compromising performance.

  • From accounts receivable and accounts payable to general ledger and financial reporting, Netsuite Cloud covers all aspects of financial management.

  • The software seamlessly integrates with other business systems, enhancing operational efficiency and data accuracy.

  • Netsuite Cloud provides in-depth financial reporting and analytics, enabling informed decision-making at all levels.

  • With robust security measures and compliance features, Netsuite Cloud protects sensitive financial data.


  • As a sophisticated solution geared towards big businesses, Netsuite Cloud's pricing can be prohibitive for smaller enterprises.

  • Due to its comprehensive nature, the software may require some time for employees to master its full capabilities.

  • Some users have reported that customer support could be improved, particularly for complex technical issues.


Monthly subscription costs for Oracle NetSuite begin at $99 per user per month, according to reports, but they do not have an official quote on their website.

Visit NetSuite Cloud

3. Zoho Books (Great web based accounting software)

Founded in 1996, Zoho Books has grown into an exceptional web based accountancy platform designed to meet the needs of businesses of all sizes. Its user-friendly interface and powerful features offer a comprehensive solution for managing finances, invoices, expenses, and much more. 

As a cloud based solution, Zoho Books allows users to access their financial data from anywhere, facilitating seamless collaboration among team members and accountants.

One of Zoho Books' most notable features is its automated invoicing system, which automates the whole invoicing process, from creation through payment reminders. 

Furthermore, the program seamlessly interacts with numerous payment methods, making it simple for clients to settle invoices online.

Zoho Books also provides robust expense tracking and reporting capabilities, enabling businesses to monitor expenses, identify cost-saving opportunities, and make well-informed financial decisions. 

Furthermore, the software seamlessly integrates with other Zoho applications and third-party tools, offering a comprehensive suite of business management solutions.

If you want to learn why QuickBooks took the lead in our article, read our QuickBooks vs Zoho Books comparison to learn about the differences and similarities of these two tools in detail.


  • User-friendly interface, making it easy for both accounting professionals and non-financial users.

  • Excellent invoicing features with automated workflows and multiple payment options.

  • Comprehensive expense tracking and reporting functionalities.

  • Cloud-based accessibility ensures real-time collaboration and data synchronization.

  • Seamless integration with other Zoho applications and third-party tools.


  • Some advanced accounting features may be limited compared to more specialized accounting software.


Zoho Books has 6 monthly payment options.

  • Free - $0

  • Standard - $15

  • Professional - $40

  • Premium -  $60

  • Elite - $120

  • Ultimate - $240

Zoho Books review 

Visit ZohoBooks

4. Sage 50cloud Accounting (Top cloud financial software)

Sage 50 Cloud Accounting is a leading cloud based financial software for businesses, providing strong accounting features with the added convenience of cloud based accessibility. 

Sage 50 Cloud Accounting, with its user-friendly interface and comprehensive functionality, offers effective financial data administration, invoicing, spending, and more, all safely stored in the cloud.

As a cloud based software, Sage 50 facilitates real-time collaboration among team members and accountants, enabling seamless access to critical financial information from anywhere. This empowers businesses with greater flexibility and efficiency in managing their finances, even on the go.

One of the highlights of Sage 50 Cloud Accounting is its robust invoicing and billing capabilities, streamlining the entire invoicing process and allowing for easy customization of invoices to reflect a brand's identity.

Moreover, the software offers advanced inventory management features, helping businesses track and control stock levels efficiently.


  • Comprehensive financial management tools for businesses of all sizes.

  • Cloud based financial software, ensuring remote access and real-time collaboration.

  • User-friendly interface, making it accessible to accounting professionals and non-financial users.

  • Advanced invoicing and billing features with customizable invoice templates.

  • Efficient inventory management, aiding in optimizing stock control and tracking.


  • Some advanced reporting and analytics features may require additional add-ons or upgrades.

  • The initial setup and migration process can be time-consuming for larger businesses.


Sage 50 cloud accounting has three payment options for all yearly plans. It is currently running a 10% discount on all its plans.

  • Pro Accounting - $520.20

  • Premium Accounting - $873

  • Quantum Accounting - $1449

Sage 50 cloud accounting review 

Visit Sage 50 Cloud Accounting

5. FreshBooks (Top software with cloud accountants)

FreshBooks is a big name in the industry and it is well known for its user-friendly interface and powerful features tailored for small to medium-sized businesses. 

This cloud-based accounting solution offers a range of tools to manage finances, invoicing, expenses, and more. FreshBooks stands out for its ease of use, making it accessible to both accounting professionals and non-financial users.

FreshBooks allows you to manage collaborations seamlessly with cloud based accountants, allowing real-time access to financial data and simplifying working together on financial tasks. This feature empowers businesses to make informed decisions promptly and fosters efficient collaboration between in-house teams and external accounting professionals.

The software has a sophisticated invoicing system that enables users to quickly produce and send professional-looking invoices, accept online payments, and track payment progress. 

FreshBooks also offers time tracking and project management capabilities, allowing businesses to track project progress and charge clients appropriately for tasks completed.


  • User-friendly interface, making it easy for businesses and cloud based accountants to work together.

  • Seamless collaboration with cloud software for accountants ensures real-time financial data access.

  • Efficient invoicing and payment tracking features, streamlining the billing process.

  • Time tracking and project management capabilities for accurate client billing.

  • Integration with popular third-party applications for enhanced productivity.


  • It may lack some advanced accounting features required by larger enterprises.

  • Limited inventory management capabilities, making it less suitable for inventory-heavy businesses.


FreshBooks has three payment options and a custom plan option. It is currently running a 50% discount for the first 6 months on its plans.

  • Lite - $8.50

  • Plus- $15

  • Premium -  $27

FreshBooks review 

Visit FreshBooks

6. Wave (Good cloud accounting service)

Wave is a top cloud accounting software that provides a variety of vital accounting capabilities explicitly designed for small enterprises and freelancers. Wave has earned a reputation as a superb accounting cloud software for those on a budget due to its user-friendly design and no-cost pricing mechanism.

The platform enables users to handle invoicing, spending, payroll, and other financial processes in a single, integrated system. Invoicing in Wave allows users to make professional-looking invoices, track payments, and send payment reminders, allowing for more effective cash flow management.

Furthermore, the program allows online payment processing, making it easy for clients to settle bills on time.

The platform provides fundamental bookkeeping functions such as transaction categorization, bank reconciliation, and financial reporting, ensuring that organizations have critical financial health data.


  • Free accounting cloud software, making it an attractive option for startups and small businesses.

  • cloud based accessibility, enabling real-time collaboration and remote financial management.

  • User-friendly interface, suitable for business owners without extensive accounting knowledge.


  • No live support unless you pay for a service, like Wave Payroll or Wave Payments.



Wave review 

Visit Wave

7. Workday Financial Management (Great cloud based invoicing software)

Workday Financial Management is a leading cloud based financial software solution designed to empower businesses with robust financial management tools, including advanced invoicing capabilities. 

Tailored for medium to large enterprises, Workday offers a comprehensive suite of features that streamline financial processes and provide real-time visibility into financial data.

As a cloud based invoicing software, Workday enables businesses to manage their invoicing operations efficiently from anywhere with internet access. The platform facilitates seamless collaboration among teams, ensuring that all stakeholders have access to the latest financial information.

Workday Financial Management boasts a sophisticated invoicing module that automates the entire invoicing process, from creation to payment tracking. Businesses can customize invoices with branding elements and easily send them to clients. 

The software also allows for online payment processing, providing clients with convenient payment options.

Beyond its invoicing capabilities, Workday Financial Management offers comprehensive financial planning, budgeting, and reporting tools. Users can generate detailed financial reports, enabling informed decision-making and strategic planning.


  • Powerful cloud based invoicing software for medium to large enterprises.

  • Streamlined invoicing process with automation and online payment processing.

  • Real-time visibility into financial data for improved decision-making.


  • Complex implementation and training may be required to utilize the software fully.


Workday does not provide price information on its website and prefers to work directly with the participating firms in order to provide a personalized estimate for the company's needs. However, according to some customers, the price often begins at $99 per user each month.

Visit Workday Financial Management

8. Kashoo (Good cloud accounting service with a user-friendly interface)

Kashoo is a highly regarded cloud accounting solution known for its user-friendly interface and comprehensive features. Geared toward small businesses and independent entrepreneurs, Kashoo offers an intuitive platform that simplifies financial management tasks, making it accessible to users with varying levels of accounting knowledge.

Kashoo's user-friendly interface makes it easy for users to navigate and perform various accounting tasks, such as invoicing, expense tracking, and bank reconciliation. Its invoicing module offers customizable templates, enabling businesses to create professional invoices that reflect their brand identity.

In addition to invoicing, Kashoo offers time-saving automation features, including automatic bank feeds, transaction categorization, and financial reporting. 

These functionalities streamline bookkeeping processes and provide valuable insights into the business's financial health.


  • It has an awesome customer service system.

  • Efficient invoicing with customizable templates, and time-saving automation features.

  • Comprehensive expense tracking and financial reporting for better decision-making.


  • The simplicity of its features could also pose a limitation in usability.

 There are two major pricing options, the “trulysmall” at $216/year and KAshoo at $324/year

Kashoo review 

Visit Kashoo

9. ZipBooks (Top free cloud accounting software)

ZipBooks is a top-rated free cloud accounting software that caters to the needs of small businesses and freelancers. 

With its user-friendly interface and no-cost pricing model, ZipBooks provides essential accounting tools and features without the burden of subscription fees, making it an attractive option for budget-conscious users.

ZipBooks offers a range of accounting functionalities, including invoicing, expense tracking, time management, and financial reporting. The platform's invoicing feature allows users to easily create and send professional invoices, facilitating efficient billing and timely client payments.

Additionally, ZipBooks provides an intuitive expense tracking system that allows businesses to monitor expenses and manage receipts effortlessly. 

The software's financial reporting tools enable users to generate detailed reports, providing valuable insights into their business performance and aiding in informed decision-making.


  • Top free cloud accounting software, making it a cost-effective option for small businesses and freelancers.

  • Efficient invoicing and expense tracking features for streamlined financial operations.

  • Financial reporting tools for valuable insights into business performance.


  • If you are looking for a budgeting option, it isn't your best option.


In addition to its free plan, ZipBooks offers two monthly fee-based plans, at $15 and $35 per month. ZipBooks also has an accountant option for bookkeepers and accountants. 

ZipBooks review

Visit ZipBooks

10. Blackline (Great cloud based financial automation platform)

Blackline is a highly regarded cloud based financial automation platform that revolutionizes financial processes for businesses of all sizes. 

As a comprehensive solution, Blackline streamlines and automates various accounting tasks, improving efficiency, accuracy, and collaboration among finance teams.

Blackline's financial automation capabilities cover many processes, including account reconciliation, journal entry, intercompany transactions, and financial close management. The platform offers intelligent automation features that help reduce manual efforts, eliminate errors, and accelerate the financial close process.

With dynamic dashboards and reports, finance professionals can easily move through activities and obtain insights into financial data thanks to the platform's user-friendly design. 

Blackline also has sophisticated audit and compliance capabilities to meet regulatory requirements and best practices.


  • Blackline provides a straightforward, effective, dependable platform for centralized review and process simplification.

  • Real-time access to financial data, enabling remote collaboration and financial management.

  • Intelligent automation features for improved efficiency and accuracy.


  • Some businesses may find the learning curve for advanced automation features slightly steep.


Blackline offers customized pricing based on each business's specific requirements and scale. Due to the tailored nature of the solution, interested businesses are encouraged to request a personalized quote from the official Blackline website or through their sales team.

Visit Blackline


Which is the best cloud based accounting software for me? Key takeaways

Whether you're starting your business from scratch or you have an established enterprise, there's always a need for financial management software to help you keep track of your expenses and assets and save you time and money. 

Recognizing which software best suits your business is up to your needs and budget. Our selection above gives you options that include arguably the best accounting software for small business owners and top-tier options for big enterprises. No matter what you’re looking for, for your business, there's a cloud based solution for you.

With our list, you don't have to spend hours researching each software as this makes your research a whole lot easier.