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Mid-market & Enterprise Accounting Software

Best Mid-market & Enterprise Accounting Software | Software Awards 2020 shortlist


The cloud accounting revolution reached the mid-market during 2019-20, with cloud developers dominating the shortlist for the 2020 enterprise accounting software award.

11th Nov 2020
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Cloud accounting took longer to catch on among larger businesses, but that gap is rapidly closing. Nearly three-quarters of the ratings in this year’s mid-market accounting survey went to cloud suppliers.

The final cut pits three of them against the leading client/server developers in this category. The full 2020 shortlist includes:

  • AccountsIQ

  • iplicit

  • Pegasus Opera 3

  • Sage 50cloud accounts

  • Xledger

Originally designed for small businesses, Sage 50cloud Accounts has become a mid-market product by default as customer businesses expanded and customised their Sage installations along the way. That makes them much harder to replace outright with a cloud solution. The same goes for Pegasus Opera 3, the other main stalwart in this category for many, many years.

AccountsIQ is now a familiar name in mid-market accounting circles, having won Accounting Excellence software awards for this category in 2018 and 2019. Xledger has taken a while to register a significant UK base for its cloud-based ERP suite, but this year marks a breakthrough.

By contrast, iplict only started marketing its program at the beginning of 2019, so making it through to the 2020 is a remarkable achievement.

Can AccountsIQ repeat its success in this category for the third consecutive year? Come back on Wednesday, 2 December 2020 when we announce the winner of this year's Mid-market & Enterprise Accounting Software of the Year Award.

The 2020 shortlist

Powerful cloud accounting and consolidation software. Designed for accountancy practices and medium sized businesses offering multi-currency & multi-location accounting, group consolidation and enhanced business analytics.

Read more about AccountsIQ

iplicit is the cloud-based Accounting software that is tailored for the frustrated on-premise legacy software user. Providing greater flexibility and enhanced levels of reporting, iplicit integrates into other cloud applications and offers a seamless migration path from your existing system. It is the natural choice for organisations seeking to ‘step up’ to next generation finance software, without losing the functionality they currently enjoy.

Read more about iplicit

Pegasus Opera 3PEGASUS OPERA 3
Pegasus Opera 3 encompasses all aspects of your business, eliminating the need to run separate finance, supply chain, payroll, CRM or service systems. This total integration delivers endless business benefits. You can share knowledge across departments, enable your teams to work remotely and access key decision-making information quickly and easily.

Read more about Pegasus Opera 3

Sage 50cloudSAGE 50CLOUD
Trusted by over 400,000 businesses, Sage 50 Accounts is now Sage 50cloud Accounts. Sage 50cloud offers the robust nature of Sage desktop software with cloud functionality. 

Read more about Sage 50cloud Accounts

Xledger is a leading provider of cloud-based finance software. We help over 10,000 organisations in 60 countries streamline, digitise and automate their finances.

Read more about Xledger

Accounting Excellence Software Awards 2020

Every year, the Accounting Excellence Software Awards celebrates the very best in accounting technology. Voted for by the UK public in what is now proudly the UK's biggest survey of accounting software, independent voting across multiple criteria means that the Software Awards are valued by both the audience and the winners alike. 

This year, the Accounting Excellence Software Awards will be run online via the AccountingWEB and Accounting Excellence websites. Shortlists and winners for each of the categories will be announced on AccountingWEB with the keenly-fought Practice Suite of the Year announced live at the Accounting Excellence Firm Awards 2020. 

Read the full Software Awards 2020 shortlist rundown

AccountingWEB Mid-market & Enterprise Accounting Software Reviews

Read more about the best mid-market & enterprise accounting software for UK accountants at our dedicated Software Reviews page.

Replies (1)

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By ralan
12th Nov 2020 10:59

Cloud accounting is great if you have a good internet connection, unfortunately we do not

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