There are just days to go before the deadline falls for rating candidates for the 2019 Accounting Excellence Software Awards.
So far more we have collected more than 12,000 individual product ratings which feed into our Software Reviews and annual awards – but we can always use more!
Currently the small business accounting category is hosting the biggest showdown. FreeAgent is still in the frame for the category last year, but aside from a strong turnout from VT Transaction+ users, the category has been dominated by the big three of Xero, QuickBooks and Sage.
The practice software squeeze
Within the specialist practice software scene, however, it’s a different story. The impact of the cloud on this sector has made life more difficult for the likes of Sage, Thomson Reuters (Digita), Wolters Kluwer and IRIS to keep up with the numbers being recorded by Taxfiler and Capium.
The ratings for practice management software are down in 2019, in terms of numbers at least. So after a couple of boom years for the sector in 2017-8, now that we are caught up in MTD for VAT compliance, fewer firms appear to be investing in and implementing systems to help managed the increased workload.
The old vs new dynamic continues to play out among mid-size and corporate organisations, where Sage X3 (Enterprise), AccountsIQ and Oracle NetSuite are representing the cloud generation. But the traditional on-premise model is represented by Sage 50cloud, Pegasus, Exchequer and Access Dimensions users.
This category is slower-moving than the SME market, so it would be a big help to hear more from finance managers about which systems they are currently using.
New names in the frame
The voting so far has revealed few new surprise packages, but some interesting new names have emerged among the other, cloud-dominated categories. Fathom, an attractive graphical reporting tool for practitioners, has established its presence in the UK according to our figures, while Unleashed (stock management) and Satago (online finance with free CRM and client dashboard attached) are represented in our non-accounting cloud app category.
If you use any of the named applications in this final survey overview – or more particularly if you use products that haven’t been mentioned – please take part in AccountingWEB’s software survey before it closes for the count on Sunday 30 June. The more people who participate, the more accurately we can map what is happening in the wider marketplace.