Small business accounting software companies specialize in providing innovative digital solutions for managing financial activities. These platforms help small businesses simplify tasks like invoicing, payroll, and tax compliance. With a shift towards cloud-based technologies and automation, the industry is evolving to meet the growing demand for accessible and user-friendly solutions. Current trends showcase the importance of integration with other financial tools, as well as enhanced mobile accessibility, which enables entrepreneurs to monitor their finances on the go. This shift indicates a robust future where reliance on technology will be pivotal for financial management.


This list features 22 notable small business accounting software companies, ranging from startups to established enterprises. Headquartered in various locations, including the US, Canada, and Europe, these companies were founded between 1982 and 2018. Their specialized offerings tailor to the unique needs of small to medium-sized businesses, providing solutions like accounting, payroll, and invoicing systems. Employee sizes range from about a dozen to over 15,000, showcasing the broad spectrum of operation scales in this industry. Many have secured significant investments, signaling growth potential in an evolving market.


Continue reading to discover the top small business accounting software companies.


Top 22 Small Business Accounting Software Companies


1. Intuit Accountants

  • Website: quickbooks.intuit.com
  • Ownership type: Private
  • Headquarters: Mountain View, California, United States (USA)
  • Employee distribution: United States (USA) 88%, Canada 7%, Bangladesh 3%, Other 2%
  • Founded year: 1983
  • Headcount: 10001+
  • LinkedIn: intuit-accountants

Intuit Accountants, based in Mountain View, California, is a private financial software company founded in 1983. It specializes in providing accounting and financial management solutions, primarily through its well-known product, QuickBooks. This platform caters to the needs of small to medium-sized businesses, offering tools for bookkeeping, payroll, and tax preparation. Intuit's commitment to streamlining financial operations has made it a significant player in the financial technology sector. The company employs over 10,000 individuals, with a substantial portion of its workforce based in the United States. Intuit Accountants continues to innovate and adapt its offerings to meet the evolving demands of its customers, ensuring its relevance in the competitive accounting software market.


2. Wave HQ

  • Website: waveapps.com
  • Ownership type: Corporate
  • Headquarters: Toronto, Ontario, Canada
  • Employee distribution: Canada 97%, United States (USA) 3%
  • Latest funding: $404.3M, June 2019
  • Founded year: 2009
  • Headcount: 201-500
  • LinkedIn: wave-hq

Wave HQ, founded in 2009 and based in Toronto, Ontario, is a financial software company that specializes in providing tools for small businesses. Their product suite includes accounting, invoicing, payments, and payroll services, all designed to help small business owners manage their finances efficiently. With a workforce of approximately 316 employees, the company primarily serves clients in the US and Canada. Wave has successfully attracted over 2 million small business users, demonstrating its impact in the financial software industry. The company received significant funding in June 2019, amounting to over $404 million, which underscores its growth trajectory and the confidence investors have in its business model. Wave's commitment to simplifying financial management for small businesses positions it as a relevant player in the accounting software market.


3. FreshBooks

  • Website: freshbooks.com
  • Ownership type: Venture Capital
  • Headquarters: Toronto, Ontario, Canada
  • Employee distribution: Canada 79%, Netherlands 10%, United States (USA) 5%, Other 6%
  • Latest funding: Other (Debt), $125.0M, March 2025
  • Founded year: 2003
  • Headcount: 201-500
  • LinkedIn: freshbooks

FreshBooks, based in Toronto, Ontario, Canada, is an accounting software provider that focuses on serving small and medium-sized businesses. Founded in 2003, the company has developed a web-based platform that simplifies financial management for its users. FreshBooks offers a range of features, including invoicing, expense tracking, and financial reporting, which are designed to help freelancers, solopreneurs, and businesses with contractors manage their finances efficiently. The software is particularly popular among small business owners who need to streamline their accounting processes without the complexity often associated with traditional accounting software. With a workforce of approximately 447 employees and a strong presence in Canada, the Netherlands, and the United States, FreshBooks has built a reputation for providing user-friendly solutions. The company has also received significant funding, with its last round totaling $125 million in March 2025, which underscores its growth potential and commitment to enhancing its offerings.


4. Myob

  • Website: myob.com
  • Ownership type: Corporate
  • Headquarters: Cremorne, Victoria, Australia
  • Employee distribution: Australia 77%, New Zealand 22%
  • Latest funding: March 2022
  • Founded year: 1991
  • Headcount: 1001-5000
  • LinkedIn: myob

MYOB, founded in 1991 and headquartered in Cremorne, Victoria, Australia, is a corporate entity that specializes in accounting and business management software. With a workforce of nearly 3,000 employees, MYOB primarily serves small and medium-sized enterprises in Australia and New Zealand. The company offers a suite of products designed to simplify financial management, including invoicing, payroll, tax compliance, and inventory management. MYOB's software solutions cater to the unique needs of various industries, such as construction, retail, and manufacturing. The company has also developed resources like MYOB Academy and community forums to support users in maximizing their software experience. MYOB's focus on customer satisfaction is evident in its recent recognition as Canstar Blue’s Most Satisfied Customers for Small Business Accounting Software for 2023-2024, highlighting its commitment to delivering effective solutions for its clients.


5. Visma

  • Website: visma.com
  • Ownership type: Private Equity
  • Headquarters: Oslo, Oslo, Norway
  • Employee distribution: Norway 26%, Sweden 23%, Romania 18%, Other 33%
  • Latest funding: September 2021
  • Founded year: 1996
  • Headcount: 10001+
  • LinkedIn: visma

Visma, founded in 1996 and headquartered in Oslo, Norway, is a private equity-backed software company that specializes in cloud-based solutions for accounting, payroll, invoicing, and HR. With over 15,700 employees and a presence in 33 countries, Visma serves a wide range of clients, including small and medium-sized businesses as well as public sector organizations. The company operates through a network of entrepreneurial firms, each contributing to its innovative software offerings. Visma has built a reputation for automating and simplifying complex administrative processes, which is particularly beneficial for small businesses. Their products are among the most-used in Europe, with a focus on empowering entrepreneurs to manage their finances efficiently. Visma's commitment to continuous growth and adaptation to market needs positions it as a significant player in the small business accounting software industry.


6. FreeAgent

  • Website: freeagent.com
  • Ownership type: Corporate
  • Headquarters: United Kingdom (UK)
  • Employee distribution: United Kingdom (UK) 92%, United States (USA) 3%, Other 5%
  • Latest funding: $75.1M, March 2018
  • Founded year: 2007
  • Headcount: 51-200
  • LinkedIn: freeagent

FreeAgent is an accounting software provider based in the United Kingdom, founded in 2007. The company specializes in cloud-based solutions designed for small businesses and freelancers. Its platform offers a comprehensive suite of features, including invoicing, payroll, tax filing, and cash flow management, which help users streamline their financial operations. FreeAgent has garnered attention for its user-friendly interface and robust support for small business needs. The company has also received substantial funding, amounting to approximately £75 million, which underscores its growth trajectory and the confidence investors have in its business model. With a strong presence in the UK market, FreeAgent continues to evolve its offerings to meet the changing demands of small businesses and freelancers.


7. Lexware

  • Website: lexware.de
  • Ownership type: Private
  • Headquarters: Freiburg Im Breisgau, Baden-Württemberg, Germany
  • Employee distribution: Germany 100%
  • Founded year: 1989
  • Headcount: 1001-5000
  • LinkedIn: lexware

Lexware, founded in 1989 and based in Freiburg Im Breisgau, Germany, is a private software company that specializes in accounting and business management solutions. With a workforce of around 266 employees, Lexware caters primarily to self-employed individuals, freelancers, and small to medium-sized enterprises. Their product suite includes software for accounting, payroll, invoicing, and inventory management, designed to streamline business operations. Lexware's commitment to supporting small businesses is evident in their focus on user-friendly solutions that require minimal accounting knowledge. The company also emphasizes online accessibility through its SaaS model, allowing users to manage their finances from anywhere. Lexware has not reported any funding, indicating a stable operational model without external financial backing. Their educational initiatives, such as the Lexware Akademie, further demonstrate their dedication to empowering users with knowledge and skills in financial management.


8. TSheets is now QuickBooks Time

  • Website: tsheets.com
  • Ownership type: Corporate
  • Headquarters: Eagle, Idaho, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Latest funding: $340.0M, December 2017
  • Founded year: 2006
  • Headcount: 201-500
  • LinkedIn: tsheets-time-tracking-software

QuickBooks Time, formerly known as TSheets, is a time tracking and employee management solution based in Eagle, Idaho. Founded in 2006, the company has grown to serve small to medium-sized businesses by providing tools that simplify time tracking and payroll management. As part of Intuit, QuickBooks Time integrates with various QuickBooks products, enhancing its functionality for users who require comprehensive financial management solutions. The company has received significant funding, totaling $340 million, which underscores its potential for growth and innovation in the financial software sector. QuickBooks Time is designed to help businesses efficiently track employee hours, manage payroll, and ensure compliance with labor regulations, making it a crucial tool for small business accounting.


9. Tally Solutions Pvt Ltd

  • Website: tallysolutions.com
  • Ownership type: Family Owned
  • Headquarters: Bengaluru, Karnataka, India
  • Employee distribution: India 93%, United Arab Emirates 2%, Other 5%
  • Founded year: 1986
  • Headcount: 501-1000
  • LinkedIn: tally-solutions

Tally Solutions Pvt Ltd, based in Bengaluru, Karnataka, India, is a family-owned software company that specializes in business management solutions tailored for small and medium enterprises. Established in 1986, Tally has developed a reputation for its flagship product, TallyPrime, which integrates accounting, inventory management, and tax compliance into a single platform. The software is designed to simplify and automate various business processes, making it accessible for users with varying levels of technical expertise. Tally serves a broad spectrum of industries, helping businesses enhance operational efficiency and ensure compliance with local regulations, particularly in the context of India's Goods and Services Tax (GST). The company has not reported any recent funding, indicating a self-sustaining business model. Tally's commitment to customer support and continuous product development further solidifies its position in the small business accounting software market.


10. Siigo

  • Website: siigo.com
  • Ownership type: Private Equity
  • Headquarters: Puerto Salgar, Bogota, Colombia
  • Employee distribution: Colombia 92%, Mexico 4%, Ecuador 3%, Other 1%
  • Latest funding: September 2017
  • Founded year: 1988
  • Headcount: 1001-5000
  • LinkedIn: siigo

Siigo is a software company based in Puerto Salgar, Bogota, Colombia, specializing in accounting and administrative solutions tailored for small and medium enterprises. Established in 1988, Siigo has developed a robust suite of products that includes electronic invoicing, payroll management, inventory management, and point-of-sale systems. These tools are designed to streamline business operations and enhance financial management for SMEs. The company operates primarily in Colombia, with a growing presence in Mexico, Ecuador, and other Latin American countries. Siigo's cloud-based software allows users to manage their financial tasks from anywhere, promoting efficiency and flexibility. The company has garnered a reputation for its user-friendly interface, making it accessible even to those without a strong accounting background. With a workforce of over 2,400 employees, Siigo continues to innovate and adapt to the evolving needs of its clients, ensuring that it remains a relevant player in the accounting software industry.


11. Nubox SpA

  • Website: nubox.com
  • Ownership type: Venture Capital
  • Headquarters: Santiago, Santiago, Chile
  • Employee distribution: Chile 100%
  • Latest funding: June 2018
  • Founded year: 2011
  • Headcount: 201-500
  • LinkedIn: nuboxchile

Nubox SpA, founded in 2011 and based in Santiago, Chile, is a software company dedicated to providing innovative digital solutions for accounting, payroll, and invoicing. With a workforce of approximately 242 employees, Nubox focuses on small and medium enterprises, offering tools designed to automate financial processes and enhance operational efficiency. Their software solutions are accessible online through a subscription model, catering to the needs of businesses seeking to minimize manual errors and streamline their financial management. Nubox has established itself as a key player in the Chilean market, actively engaging with accountants and small business owners to improve their financial practices. The company has not reported any recent funding, indicating a stable operational model since its last funding round in 2018.


12. Clear Books

  • Website: clearbooks.co.uk
  • Ownership type: Private
  • Headquarters: London, England, United Kingdom (UK)
  • Employee distribution: United Kingdom (UK) 100%
  • Latest funding: Crowdfunding, $1.3M, September 2013
  • Founded year: 2008
  • Headcount: 11-50
  • LinkedIn: clear-books

Clear Books is a private software company based in London, UK, founded in 2008. It specializes in online accounting solutions designed for small businesses. The company offers a comprehensive suite of tools, including invoicing, payroll, and financial management, aimed at simplifying the accounting process for its users. Clear Books has built a reputation for its user-friendly platform, which helps clients reduce administrative burdens and improve financial oversight. The company has received funding through crowdfunding, amounting to approximately £1.34 million in 2013. Clear Books is accredited by the Institute of Certified Bookkeepers and registered with the Financial Conduct Authority, which adds to its credibility in the accounting software industry. With a focus on small businesses, Clear Books has successfully supported around 15,000 clients across various sectors, demonstrating its commitment to enhancing the financial management capabilities of its users.


13. Busy Infotech Pvt. Ltd. (An Indiamart company)

  • Website: busy.in
  • Ownership type: Private
  • Headquarters: New Delhi, Delhi, India
  • Employee distribution: India 99%, Other 1%
  • Founded year: 1997
  • Headcount: 51-200
  • LinkedIn: busy-infotech-pvt-ltd---india

Busy Infotech Pvt. Ltd., based in New Delhi, India, is a private company that specializes in accounting software solutions tailored for micro, small, and medium enterprises. Founded in 1997, the company has developed a suite of products designed to streamline accounting processes, ensuring compliance with GST regulations and enhancing financial management. Their software offerings include various tiers, from a free version for basic accounting needs to more comprehensive solutions that cater to larger businesses with multiple branches. Busy Infotech has established itself as a reliable partner for small businesses, providing tools that facilitate invoicing, inventory management, and financial reporting. With a customer base exceeding 360,000, the company has demonstrated its ability to meet the demands of its target market effectively.


14. Fiken

  • Website: fiken.no
  • Ownership type: Private
  • Headquarters: Oslo, Oslo, Norway
  • Employee distribution: Norway 100%
  • Founded year: 2014
  • Headcount: 11-50
  • LinkedIn: fiken

Fiken AS, founded in 2014 and based in Oslo, Norway, is a private company that specializes in accounting software designed for small businesses. The platform offers a comprehensive suite of features that simplify financial management, including invoicing, payroll, and tax reporting. Fiken's user-friendly interface is particularly beneficial for non-accountants, allowing small business owners to handle their financial operations with ease. The company has gained traction in the Norwegian market, with over 100,000 users who appreciate its straightforward approach to accounting. Fiken also provides robust customer support and educational resources, such as free webinars, to help users navigate the complexities of financial management. Their software integrates seamlessly with various banking and e-commerce platforms, enhancing its functionality and appeal to small businesses. Fiken's commitment to empowering small business owners through accessible financial tools positions it as a relevant player in the accounting software industry.


15. Visma Dinero

  • Website: dinero.dk
  • Ownership type: Corporate
  • Headquarters: Denmark
  • Employee distribution: Denmark 100%
  • Latest funding: November 2016
  • Founded year: 2010
  • Headcount: 51-200
  • LinkedIn: dinero

Visma Dinero, established in 2010, is an accounting software provider based in Denmark. The company specializes in offering tools designed for invoicing, bookkeeping, and tax management, primarily targeting small businesses and self-employed individuals. Operating on a Software as a Service (SaaS) model, Visma Dinero ensures that users can access their software easily and manage their financial records efficiently. The platform is designed to simplify the accounting process, allowing users to focus on their core business activities. With a dedicated team and a strong emphasis on customer support, Visma Dinero has built a reputation for being responsive to the needs of its users. The company operates entirely within Denmark, catering to the specific regulatory and operational needs of Danish businesses.


16. BMD Systemhaus GesmbH

  • Website: bmd.com
  • Ownership type: Private
  • Headquarters: Steyr, Upper Austria, Austria
  • Employee distribution: Austria 99%
  • Founded year: 1972
  • Headcount: 501-1000
  • LinkedIn: bmd-systemhaus-gesmbh

BMD Systemhaus GesmbH, founded in 1972 and based in Steyr, Upper Austria, is a private software development company that specializes in business software solutions. The company primarily serves tax consultants, auditors, and small to medium enterprises, providing a range of products that include accounting software, payroll systems, and cloud solutions. BMD's software is designed to enhance operational efficiency, automate processes, and streamline business operations. With a workforce of approximately 322 employees, BMD has established a strong presence in the financial services sector, particularly in Austria, where 99% of its operations are based. The company has not reported any recent funding, indicating a stable operational model that relies on its established market position and customer base.


17. BuchhaltungsButler

  • Website: buchhaltungsbutler.de
  • Ownership type: Corporate
  • Headquarters: Berlin, Berlin, Germany
  • Employee distribution: Germany 100%
  • Latest funding: January 2023
  • Founded year: 2015
  • Headcount: 11-50
  • LinkedIn: buchhaltungsbutler

BuchhaltungsButler, based in Berlin, Germany, is an accounting software provider that specializes in automated bookkeeping solutions. Since its inception in 2015, the company has catered to small and medium-sized businesses, freelancers, and non-profits, offering a platform that simplifies financial management. Their software includes features like expense tracking, invoice management, and seamless integration with over 5,000 banks and financial services. BuchhaltungsButler is recognized for its high degree of automation, which significantly reduces manual errors and enhances efficiency in accounting processes. The company also provides extensive support through webinars, a knowledge base, and direct assistance, ensuring users can maximize the software's capabilities. With a customer base spanning over 100 industries, BuchhaltungsButler has positioned itself as a relevant player in the accounting software market.


18. Bokio

  • Website: bokio.se
  • Ownership type: Corporate
  • Headquarters: Gothenburg, Västra Götaland, Sweden
  • Employee distribution: Sweden 100%
  • Latest funding: March 2022
  • Founded year: 2015
  • Headcount: 51-200
  • LinkedIn: bokio

Bokio, based in Gothenburg, Sweden, is a corporate entity founded in 2015 that specializes in accounting and financial management software. The company provides a platform designed to assist small business owners and entrepreneurs with various financial tasks, including bookkeeping, invoicing, payroll management, and banking services. Bokio's software automates many financial processes, allowing users to manage their business finances more efficiently. The platform is particularly tailored for those without extensive accounting knowledge, featuring user-friendly tools and templates that simplify the bookkeeping process. Bokio has gained traction in the market, with approximately 40,000 businesses utilizing its services, indicating its active involvement and relevance in the small business accounting sector.


19. bexio AG

  • Website: bexio.com
  • Ownership type: Corporate
  • Headquarters: Rapperswil-Jona, St. Gallen, Switzerland
  • Employee distribution: Switzerland 95%, Serbia 5%
  • Latest funding: July 2018
  • Founded year: 2013
  • Headcount: 51-200
  • LinkedIn: bexio

bexio AG, based in Rapperswil-Jona, Switzerland, is a corporate entity that specializes in business software solutions for small and medium enterprises (SMEs). Founded in 2013, bexio has quickly gained traction in the industry, focusing on the needs of self-employed individuals and startups. Their cloud-based platform simplifies various administrative tasks, including accounting, invoicing, payroll, and contact management. With a commitment to enhancing efficiency, bexio's software automates many processes, allowing users to save significant time and reduce their administrative workload. The company has garnered a customer base of over 70,000, reflecting its effectiveness and appeal in the market. Notably, bexio is recognized for its Swiss-made software, ensuring data security and compliance with local regulations. The company operates with a strong emphasis on customer support, offering free 24/7 assistance to its users, which further solidifies its reputation in the industry.


20. Moneybird

  • Website: moneybird.nl
  • Ownership type: Private
  • Headquarters: Enschede, Overijssel, Netherlands
  • Employee distribution: Netherlands 100%
  • Founded year: 2008
  • Headcount: 51-200
  • LinkedIn: moneybird

Moneybird, based in Enschede, Overijssel, Netherlands, is a private accounting software provider that caters to the needs of entrepreneurs and small businesses. Established in 2008, the company has developed a platform that simplifies financial management through tools for invoicing, bookkeeping, and workflow automation. Moneybird's software is designed to help users efficiently manage their finances, allowing them to focus on their core business activities. The company has garnered a positive reputation among its users, evidenced by high ratings and testimonials that highlight its ease of use and effectiveness. Moneybird operates exclusively in the Netherlands, serving a niche market of small business owners who seek to streamline their administrative processes. The absence of reported funding suggests a self-sustaining business model, further emphasizing its stability in the industry.


21. SnelStart

  • Website: snelstart.nl
  • Ownership type: Private
  • Headquarters: Alkmaar, North Holland, Netherlands
  • Employee distribution: Netherlands 99%
  • Founded year: 1982
  • Headcount: 51-200
  • LinkedIn: snelstart

SnelStart, based in Alkmaar, North Holland, is a private company specializing in accounting software solutions tailored for entrepreneurs and accountants. Established in 1982, SnelStart has developed a range of products designed to simplify bookkeeping and enhance financial management for small and medium-sized businesses. Their offerings include various packages that cater to different business needs, from basic bookkeeping to comprehensive financial oversight. The company prides itself on automating administrative tasks, allowing users to focus on their core business activities. SnelStart also provides extensive support through its SnelStart Academy and customer service, ensuring that users can maximize the benefits of their software. With a strong focus on innovation and user experience, SnelStart continues to play a significant role in the accounting software industry, helping businesses manage their finances efficiently.


22. Patriot Software, LLC

  • Website: patriotsoftware.com
  • Ownership type: Venture Capital
  • Headquarters: Canton, Ohio, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Latest funding: Series B, August 2023
  • Founded year: 2002
  • Headcount: 51-200
  • LinkedIn: patriot-software

Patriot Software, LLC, founded in 2002 and based in Canton, Ohio, is a software company focused on delivering accounting and payroll solutions tailored for small businesses. With a workforce of approximately 158 employees, the company operates entirely within the United States. Patriot Software offers a suite of products that includes accounting software, payroll services, HR software, and bookkeeping services. Their solutions are designed to simplify financial management for business owners, allowing them to focus on their core operations. The company operates on a subscription model, providing users with online access to their services. Patriot Software has garnered a reputation for affordability and ease of use, making it a popular choice among small business owners seeking reliable financial management tools.



Small Business Accounting Software Insights: Key Companies


CompanyHeadquarterSizeFoundedOwnership
Intuit AccountantsMountain View, California, United States (USA)10001+1983Private
Wave HQToronto, Ontario, Canada201-5002009Corporate
FreshBooksToronto, Ontario, Canada201-5002003Venture Capital
MyobCremorne, Victoria, Australia1001-50001991Corporate
VismaOslo, Oslo, Norway10001+1996Private Equity
FreeAgentUnited Kingdom (UK)51-2002007Corporate
LexwareFreiburg Im Breisgau, Baden-Württemberg, Germany1001-50001989Private
TSheets is now QuickBooks TimeEagle, Idaho, United States (USA)201-5002006Corporate
Tally Solutions Pvt LtdBengaluru, Karnataka, India501-10001986Family Owned
SiigoPuerto Salgar, Bogota, Colombia1001-50001988Private Equity
Nubox SpASantiago, Santiago, Chile201-5002011Venture Capital
Clear BooksLondon, England, United Kingdom (UK)11-502008Private
Busy Infotech Pvt. Ltd. (An Indiamart company)New Delhi, Delhi, India51-2001997Private
FikenOslo, Oslo, Norway11-502014Private
Visma DineroDenmark51-2002010Corporate
BMD Systemhaus GesmbHSteyr, Upper Austria, Austria501-10001972Private
BuchhaltungsButlerBerlin, Berlin, Germany11-502015Corporate
BokioGothenburg, Västra Götaland, Sweden51-2002015Corporate
bexio AGRapperswil-Jona, St. Gallen, Switzerland51-2002013Corporate
MoneybirdEnschede, Overijssel, Netherlands51-2002008Private
SnelStartAlkmaar, North Holland, Netherlands51-2001982Private
Patriot Software, LLCCanton, Ohio, United States (USA)51-2002002Venture Capital


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