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AccountMate

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Company health

Employee growth
5% increase in the last year
Web traffic
56% decrease in the last quarter

Ratings

G2
3.9/5
(13)
Capterra
4.3/5
(25)

AccountMate description

AccountMate is customizable accounting software designed for small and mid-sized businesses. It offers a range of features, including inventory management, CRM, and industry-specific solutions. AccountMate stands out because its open source code allows for extensive customization to match your specific business processes. You can choose between locally installed, SaaS, or hosted deployment options.


Who is AccountMate best for

AccountMate is a solid choice for SMBs seeking customizable accounting software. In our experience, its open-source code allows extensive tailoring to match specific business processes. Users appreciate its comprehensive features, good inventory management, and multiple deployment options. Keep in mind that some users find the interface outdated and customization complex, so plan for testing time.

  • Great for companies with 1-1000 employees seeking customizable accounting software to scale.

  • We find it's a good fit for companies in the Software, IT, and Telecommunications industries looking for flexible solutions.


AccountMate features

Supported

Sarbanes-Oxley Compliance: User-definable password policy and fraud protection features recommended by banks and accountants for Sarbanes-Oxley compliance. This feature helps businesses adhere to regulatory compliance by enabling them to define and enforce strong password policies and implement fraud prevention measures.

Supported

Granular Security Levels: Multiple security levels provide greater control over user access to view, add, edit, and/or delete transaction and master records. This allows for granular control over data access and ensures that sensitive information is protected.

Supported

Multi-Factor Authentication: Multi-factor user login authentication adds next-level security to the login process. This feature enhances security by requiring users to verify their identity using multiple methods, making it more difficult for unauthorized users to gain access.

Supported

Real-Time Bank Balances: Up-to-the-minute bank balances and instant view of unreconciled transactions help manage your cash flow. This feature enables real-time visibility into cash flow by providing up-to-date bank balances and highlighting unreconciled transactions.

Supported

Cash Flow Management: Up-to-the-minute bank balances and instant view of unreconciled transactions help manage your cash flow. This feature provides real-time insights into bank balances and tracks unreconciled transactions, aiding cash flow management.

Supported

User-Defined Fields: User-defined fields at every level of the system store data unique to your business. This feature allows users to customize the system to capture and store data specific to their business needs, which enhances data organization and analysis.

Supported

Multiple Browser Support: Multiple browser support provides greater flexibility to access the system using different web browsers. This feature enhances accessibility by enabling users to access the system from a variety of browsers, ensuring compatibility and convenience.

Supported

Customizable Financial Reports: Customizable financial reports help analyze your data to make informed business decisions. This feature empowers users to create tailored financial reports that facilitate data analysis and support informed decision-making.


AccountMate reviews

We've summarised 38 AccountMate reviews (AccountMate GetApp reviews, AccountMate Software Advice reviews, AccountMate Capterra reviews and AccountMate G2 reviews) and summarised the main points below.

Pros of AccountMate
  • Cost-effective for small and mid-sized businesses.
  • Comprehensive accounting and financial management features.
  • Excellent customer support.
  • User-friendly for daily tasks.
  • Open-source code allows extensive customization.
  • Multiple deployment options (on-premise, SaaS, hosted).
  • Good inventory management capabilities.
Cons of AccountMate
  • Outdated interface, not intuitive.
  • Limited cloud-based functionality.
  • Reporting features could be more advanced.
  • Complex customization and lengthy testing process.
  • High price, especially for smaller businesses.
  • Requires extensive customization for full potential.
  • Lack of seamless integration with other systems.

AccountMate pricing

The commentary is based on 5 reviews from AccountMate Capterra reviews, AccountMate G2 reviews and AccountMate Software Advice reviews.

We find that AccountMate's pricing is generally considered cost-effective for small to medium-sized businesses, especially given its customizability. However, some users have noted the initial cost can be high, particularly if source code access is required. There is also a perceived value in their quick and responsive support, which some users feel justifies the cost.

Users sentiment

Strongly positive
+1

AccountMate alternatives

  • Logo of SAP Business One
    SAP Business One
    Streamlines small business management for growth and clear insights.
    Read more
  • Logo of Sage Intacct
    Sage Intacct
    Cloud accounting software automating financials for smarter decisions.
    Read more
  • Logo of NetSuite
    NetSuite
    Unified business management for smoother finances, sales, and operations.
    Read more
  • Logo of Enterpryze
    Enterpryze
    Streamlined business management for growth. Simple, integrated, and efficient.
    Read more
  • Logo of iplicit
    iplicit
    Powerful cloud accounting, built for growth, delightfully simple.
    Read more
  • Logo of ERPNext
    ERPNext
    Open-source business manager for all operations, from sales to accounting.
    Read more

AccountMate FAQ

  • What is AccountMate and what does AccountMate do?

    AccountMate is a customizable accounting software solution for small to medium-sized businesses. We find that it offers core accounting functions, plus inventory management, CRM, and industry-specific customizations. It's available via on-premise, SaaS, or hosted deployment.

  • How does AccountMate integrate with other tools?

    AccountMate's open-source nature allows for integrations, but users have noted a lack of seamless integration with other systems. We find that some customization may be required to connect with desired tools.

  • What the main competitors of AccountMate?

    AccountMate competes with solutions like SAP Business One, Sage Intacct, NetSuite, Enterpryze, iplicit, and ERPNext. These alternatives offer similar features, such as financial management, inventory control, and reporting capabilities, catering to small and medium-sized businesses.

  • Is AccountMate legit?

    AccountMate is a legitimate and established accounting software provider. We find that users appreciate its customizability and comprehensive features, but some have noted the interface feels outdated. Overall, it's a safe and viable option to consider.

  • How much does AccountMate cost?

    I'm sorry, but AccountMate's pricing details are not publicly available. Contact their sales team directly to get a customized quote for your business needs.

  • Is AccountMate customer service good?

    We find that AccountMate's customer service receives positive feedback. Users mention "top-notch" service and helpful support during implementation. While some negative experiences exist, the overall sentiment towards their customer service is favorable.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.

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