The industry of accounting software focuses on providing tailored solutions that meet the unique financial requirements of businesses. Companies in this sector create software that facilitates a variety of accounting tasks, such as invoicing, payroll, and tax compliance, primarily aimed at small and medium-sized enterprises (SMEs). As technology evolves, many companies incorporate cloud computing and AI features into their offerings, promoting seamless integration and automation. This innovation enhances efficiency and accuracy, making it crucial for firms managing increasingly complex financial landscapes. With demand for remote access and real-time data growing, the future of accounting software looks promising.

The list includes 27 companies spanning multiple regions, primarily headquartered in North America and Europe. These firms vary in size, with some employing over 10,000 individuals, while others operate small teams of 50-200. Founded between 1972 and 2018, their specialties include cloud-based accounting solutions, payroll, invoicing, and compliance management. Each company demonstrates a commitment to technology-led innovation, whether through private equity backing or venture capital support, positioning themselves to address the emerging needs of their diverse clientele.

Read on to discover the top industry-specific accounting software companies.

Top 27 Industry Specific 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. The company 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 software solutions are designed to help users efficiently manage their financial operations, ensuring accuracy and compliance. The company has a significant presence in the financial technology sector, with a workforce that is predominantly located in the United States. Intuit Accountants has not reported any recent funding, indicating a stable operational model that has sustained its growth and innovation over the years.

2. 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 businesses across Australia and New Zealand. The company offers a range of software products that facilitate invoicing, payroll, and tax compliance, catering to the specific needs of business owners and accounting professionals. MYOB's solutions are designed to streamline financial management, making it easier for clients to handle their accounting tasks efficiently. The company has also developed resources such as the MYOB Academy and community forums to support users in maximizing the benefits of their software. This commitment to customer education and support further solidifies MYOB's position in the accounting software industry.

3. NetSuite

• Website: netsuite.com
• Ownership type: Corporate
• Headquarters: Austin, Texas, United States (USA)
• Employee distribution: United States (USA) 53%, Philippines 13%, Czech Republic 10%, Other 24%
• Latest funding: $9.3B, July 2016
• Founded year: 1998
• Headcount: 10001+
• LinkedIn: netsuite

NetSuite Inc., founded in 1998 and headquartered in Austin, Texas, is a cloud software company that specializes in business management solutions. The company provides a comprehensive suite that includes Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), and financial management software. Targeting primarily small and medium-sized businesses, NetSuite aims to streamline operations and enhance efficiency across multiple sectors. Their accounting software features essential tools such as accounts receivable, accounts payable, cash management, and tax management, making it a vital resource for financial oversight. With a significant workforce of over 19,000 employees and a global presence, NetSuite continues to innovate and adapt to the evolving needs of its clients. In 2016, the company secured a substantial funding amount of $9.3 billion, indicating strong investor confidence in its business model and growth potential.

4. 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 prominent software company that specializes in cloud-based solutions for accounting, payroll, invoicing, and HR. With over 15,700 employees and a network of more than 180 entrepreneurial companies, Visma serves a wide range of clients, including small and medium-sized businesses and public sector organizations. The company is dedicated to simplifying and automating complex administrative processes, which is crucial for its clients' operational efficiency. Visma's software products are particularly popular among small businesses in Europe, where they have established a strong foothold. The company has not reported any recent funding, indicating a stable operational model. Visma's commitment to innovation and customer satisfaction is evident in its extensive product offerings and its focus on creating solutions that empower businesses to thrive.

5. Exact

• Website: exact.com
• Ownership type: Private Equity
• Headquarters: Delft, South Holland, Netherlands
• Employee distribution: Netherlands 76%, Malaysia 14%, Belgium 6%, Other 4%
• Latest funding: June 2021
• Founded year: 1984
• Headcount: 1001-5000
• LinkedIn: exact

Exact, founded in 1984 and based in Delft, South Holland, Netherlands, is a private equity-owned software company that develops business software solutions primarily for small and medium-sized enterprises (SMEs) and accountants. With a workforce of approximately 2,515 employees, Exact has established itself as a significant player in the software market, particularly in the Benelux region. The company offers a comprehensive suite of products, including financial management, ERP, HRM, and accountancy software, all aimed at enhancing operational efficiency and automating business processes. Exact's cloud-based solutions cater to various industries, including manufacturing and wholesale distribution, allowing businesses to manage their financial data effectively. Their commitment to innovation is evident in their continuous updates and enhancements to their software, ensuring that clients have access to the latest tools for managing their accounting and financial needs.

6. IRIS Software Group

• Website: iris.co.uk
• Ownership type: Private Equity
• Headquarters: New Zealand
• Employee distribution: United Kingdom (UK) 63%, India 21%, United States (USA) 9%, Other 7%
• Latest funding: $50.1M, May 2018
• Founded year: 1978
• Headcount: 1001-5000
• LinkedIn: iris-software-group

IRIS Software Group is a private equity-owned software company based in New Zealand, with a significant presence in the UK. Founded in 1978, the company specializes in providing software solutions for accountancy, education, HR, and payroll management. Their product suite includes cloud-based software designed to streamline operations for businesses and organizations, particularly in the accounting sector. IRIS Software Group has developed a reputation for enhancing productivity and compliance for accountants, offering tools that automate tasks and improve client relationships. The company has received funding, with the last reported amount being over 50 million, which underscores its growth and investment in technology. With a workforce of nearly 3,000 employees, IRIS serves a broad clientele, including small to medium-sized accountancy practices and larger firms, demonstrating its relevance and commitment to the accounting industry.

7. 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. Founded in 1986, Tally has developed a reputation for its flagship product, TallyPrime, which integrates features for accounting, inventory management, and tax compliance. The software is designed to streamline operations and enhance efficiency for businesses, making it a popular choice among SMEs. Tally Solutions has a significant presence in the Indian market, with approximately 93% of its employees based in India and a user base of around 2.5 million businesses. The company has not reported any recent funding, indicating a self-sustaining business model. Tally's commitment to innovation is evident in its continuous updates and enhancements to TallyPrime, ensuring that it meets the evolving needs of its users, particularly in the context of compliance with Indian tax regulations.

8. e-conomic

• Website: e-conomic.dk
• Ownership type: Corporate
• Headquarters: Denmark
• Employee distribution: Denmark 97%, Other 3%
• Latest funding: $228.0M, May 2015
• Founded year: 2001
• Headcount: 201-500
• LinkedIn: e-conomic

e-conomic, officially known as Visma e-conomic A/S, is a Danish company that specializes in online accounting software. Established in 2001, it has grown to support approximately 200,000 businesses across Denmark. The company focuses on automating financial processes, allowing clients to concentrate on their core operations. e-conomic offers a user-friendly platform that is designed to simplify accounting tasks, making it suitable for startups, small to medium-sized enterprises, and larger corporations. Their solutions include features for invoicing, financial reporting, and integration with other business tools, enhancing overall financial management. e-conomic has received significant funding, amounting to 228 million DKK in 2015, which underscores its growth potential and commitment to innovation in the accounting software industry.

9. Mastermaq Software

• Website: mastermaq.com.br
• Ownership type: Private
• Headquarters: Belo Horizonte, Minas Gerais, Brazil
• Founded year: 1992
• Headcount: 501-1000
• LinkedIn: mastermaq

Mastermaq Software, now known as Keevo, is a technology provider based in Belo Horizonte, Minas Gerais, Brazil. Founded in 1992, the company specializes in creating software solutions that cater to the needs of businesses, particularly in the accounting and finance sectors. Keevo offers a range of products, including accounting software specifically designed for accounting firms, human resources systems, and ERP solutions. Their focus is on enhancing operational efficiency and ensuring compliance with regulatory standards. The company emphasizes innovation, integrating advanced technologies such as automation and artificial intelligence into their offerings. This commitment to technology not only streamlines processes but also helps clients maintain compliance with evolving legislation. Keevo's long-standing presence in the market and its tailored solutions for accounting professionals make it a relevant player in the industry.

10. 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 that specializes in providing digital accounting, payroll, and invoicing solutions. With a workforce of approximately 242 employees, Nubox focuses on serving small and medium enterprises as well as accountants. Their software is designed to automate financial processes, enhance operational efficiency, and minimize manual errors. Nubox's offerings include a range of products that cater specifically to the needs of their clients, such as automated payroll management and comprehensive accounting tools. The company operates primarily through a subscription model, allowing users to access their services online. Nubox has established itself as a key player in the Chilean market, emphasizing its commitment to improving financial management for its users through innovative technology and customer support.

11. 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 targets tax consulting, auditing, 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 improve operational efficiency and automate various business processes, which is crucial for their clients in the financial services sector. With a workforce of around 322 employees, BMD has established a strong foothold in Austria, where 99% of its operations are based. The company has successfully catered to over 30,000 clients, reflecting its significant impact and relevance in the accounting software industry. BMD also emphasizes continuous development and adaptation of its software to meet changing regulatory requirements and client needs, ensuring that their solutions remain effective and up-to-date.

12. 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 designed primarily for micro, small, and medium enterprises. Founded in 1997, the company has developed a suite of products that facilitate GST compliance, financial accounting, and inventory management. Their offerings include various software versions, such as Express, Blue, Saffron, and Emerald, each tailored to meet the needs of different business sizes and complexities. Busy Infotech has established itself as a reliable partner for businesses looking to streamline their accounting processes. With a customer base exceeding 360,000, the company has demonstrated its ability to adapt to the evolving demands of the market, particularly in the context of India's GST regulations. Their software is not only user-friendly but also integrates features that support various industries, including e-commerce, retail, and pharmaceuticals, making them a relevant player in the accounting software sector.

13. TeamSystem

• Website: teamsystem.com
• Ownership type: Venture Capital
• Headquarters: Pesaro, Italy
• Employee distribution: Italy 98%, Other 2%
• Latest funding: August 2023
• Founded year: 2013
• Headcount: 1001-5000
• LinkedIn: teamsystem

TeamSystem, founded in 2013 and based in Pesaro, Italy, is a software company that provides a wide array of digital solutions aimed at businesses and professionals across various sectors. With a workforce of over 3,000 employees, TeamSystem focuses on enhancing operational efficiency through its comprehensive suite of products, which includes ERP systems and specialized accounting software. Their solutions cater to industries such as finance, legal, construction, and retail, helping clients streamline processes and ensure compliance with regulatory standards. TeamSystem has built a reputation for reliability and innovation, serving over 2 million customers who rely on their tools for effective digital transformation. The company is also involved in initiatives that promote digitalization and has been recognized for its contributions to the industry.

14. 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 specializing in accounting and business management solutions. With a workforce of around 266 employees, Lexware focuses on delivering user-friendly software for self-employed individuals, freelancers, and small to medium-sized enterprises. Their product suite includes tools for accounting, payroll, invoicing, and inventory management, all designed to simplify business processes. Lexware operates primarily through a Software as a Service (SaaS) model, allowing users to access their software online. The company is dedicated to supporting entrepreneurs by alleviating bureaucratic burdens and providing essential services and knowledge. Their commitment to sustainability is also notable, as they actively work on reducing their carbon footprint and promoting environmental responsibility within their operations.

15. FloQast

• Website: floqast.com
• Ownership type: Private Equity
• Headquarters: Los Angeles, California, United States (USA)
• Employee distribution: United States (USA) 84%, United Kingdom (UK) 9%, Australia 5%, Other 3%
• Latest funding: Series E-K, $100.0M, April 2024
• Founded year: 2013
• Headcount: 501-1000
• LinkedIn: floqast

FloQast, founded in 2013 and based in Los Angeles, California, is an accounting software company that specializes in optimizing the month-end close process for corporate accounting teams. Their cloud-based platform is tailored to enhance the efficiency and accuracy of financial operations, allowing accountants to shift their focus from routine tasks to strategic initiatives. With a customer base exceeding 2,800 global businesses, FloQast has established itself as a significant player in the accounting software market. The company has received substantial funding, including a recent Series E round of $100 million in April 2024, which underscores its growth trajectory and commitment to innovation. FloQast's solutions not only streamline financial reporting but also integrate seamlessly with existing technology stacks, making it a valuable tool for modern accounting departments.

16. 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, founded in 1988. It specializes in providing comprehensive accounting and administrative solutions specifically designed for small and medium enterprises (SMEs). Siigo's product offerings include electronic invoicing, payroll management, inventory management, and point-of-sale (POS) systems, all aimed at streamlining business operations. The software is accessible online, enabling businesses to efficiently manage their financial tasks from any location. With a workforce of over 2,400 employees, Siigo has established a significant presence in the Colombian market, with additional operations in Mexico and Ecuador. The company has not reported any recent funding, indicating a stable operational model that has sustained its growth over the years. Siigo's commitment to supporting SMEs with tailored solutions positions it as a relevant player in the accounting software industry.

17. 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, established in 2007. The company specializes in cloud-based solutions designed specifically for small businesses and freelancers. Their platform offers a comprehensive suite of features, including invoicing, payroll, tax filing, and cash flow management, which help users streamline their financial operations. FreeAgent is particularly focused on the UK market, providing tools that cater to local accounting needs, such as VAT compliance and self-assessment tax filing. The company has also received significant funding, amounting to approximately £75 million, which underscores its potential for growth and innovation in the accounting software sector. With a workforce of around 382 employees, FreeAgent continues to enhance its offerings and support for its users, making it a relevant player in the accounting software industry.

18. Caseware

• Website: caseware.com
• Ownership type: Private
• Headquarters: Toronto, Ontario, Canada
• Employee distribution: Canada 63%, United Kingdom (UK) 9%, United States (USA) 8%, Other 20%
• Latest funding: October 2020
• Founded year: 1988
• Headcount: 501-1000
• LinkedIn: caseware-international-inc

Caseware International Inc., founded in 1988 and based in Toronto, Ontario, is a private software company that specializes in accounting and auditing solutions. With a workforce of approximately 584 employees, Caseware has established itself as a significant player in the accounting software industry. The company offers a variety of products designed to improve efficiency and accuracy in financial reporting, internal audits, and tax management. Their software solutions are tailored for accounting firms, corporations, and government entities, reflecting their commitment to serving a wide range of clients. Caseware's business model focuses on delivering software as a service, which helps clients modernize their practices and adapt to the evolving demands of the accounting profession. The company has a global reach, with a notable presence in Canada, the United Kingdom, and the United States, among other countries. Caseware's innovative approach and extensive product offerings make it a relevant and active participant in the accounting software industry.

19. 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, previously known as TSheets, is a technology company based in Eagle, Idaho, specializing in time tracking and employee management solutions. Founded in 2006, it has become a significant player in the financial software sector, particularly for small to medium-sized businesses. QuickBooks Time offers tools that enable businesses to track employee hours, manage schedules, and streamline payroll processes. This integration with QuickBooks enhances its utility, allowing users to automate time entry into their accounting systems, thereby reducing errors and saving time. The company has received substantial funding, totaling $340 million as of December 2017, which underscores its growth potential and relevance in the industry. QuickBooks Time is designed to simplify the complexities of time management, making it an essential tool for businesses that rely on accurate time tracking for their financial operations.

20. Alterdata Software

• Website: alterdata.com.br
• Ownership type: Private
• Headquarters: Brazil
• Employee distribution: Brazil 100%
• Founded year: 1989
• Headcount: 1001-5000
• LinkedIn: alterdata-software

Alterdata Software is a Brazilian software company founded in 1989, specializing in accounting, business management, and real estate solutions. With a workforce of approximately 2,340 employees, the company has developed a robust portfolio of software products aimed at improving operational efficiency for businesses. Alterdata serves over 60,000 clients, providing tools that streamline accounting processes, payroll management, and fiscal compliance. Their software solutions are designed to meet the needs of various sectors, including retail, industry, and real estate, showcasing their adaptability and focus on customer needs. The company has sold more than 500,000 systems, reflecting its significant impact on the market. Alterdata also emphasizes digital transformation and customer experience, positioning itself as a relevant player in the accounting software industry.

21. 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, England, founded in 2008. The company develops online accounting solutions tailored for small businesses in the UK, offering a range of services including invoicing, payroll, and financial management tools. With a team of 24 employees, Clear Books has successfully supported approximately 15,000 small businesses, helping them streamline their accounting processes and reduce administrative burdens. The software is designed to be user-friendly, allowing clients to manage their finances efficiently. Clear Books has received funding through crowdfunding, amounting to £1,343,699 in 2013, which has likely contributed to its growth and development in the competitive accounting software market. The company is also recognized for its commitment to customer service, providing expert support to users, which enhances its reputation in the industry.

22. Tripletex AS

• Website: tripletex.no
• Ownership type: Corporate
• Headquarters: Oslo, Oslo, Norway
• Employee distribution: Norway 99%
• Latest funding: April 2016
• Founded year: 2002
• Headcount: 201-500
• LinkedIn: tripletex-as

Tripletex AS, based in Oslo, Norway, is a software company that specializes in accounting and financial management solutions. Founded in 2002, Tripletex has developed a robust platform that caters to the needs of businesses across various sectors. Their offerings include invoicing, payroll, accounting, project management, and expense management services. With a user base exceeding 130,000 companies, Tripletex has made significant strides in helping organizations optimize their financial operations. The company emphasizes automation and integration, allowing users to connect their accounting software with other tools, thereby enhancing efficiency. Tripletex also provides tailored solutions for specific industries, such as agriculture and electrical services, further solidifying its position in the market.

23. Kulcs-Soft

• Website: kulcs-soft.hu
• Ownership type: Private
• Headquarters: Budapest, Budapest, Hungary
• Employee distribution: Hungary 100%
• Founded year: 1989
• Headcount: 51-200
• LinkedIn: kulcs-soft-zrt

Kulcs-Soft is a Hungarian software development company based in Budapest, founded in 1989. With a workforce of approximately 69 employees, the company specializes in creating business management solutions specifically designed for small and medium-sized enterprises (SMEs). Their product suite includes accounting software, payroll systems, and inventory management tools, all aimed at streamlining business operations and ensuring compliance with local regulations. Kulcs-Soft has a strong presence in the Hungarian market, serving a wide range of SMEs that rely on their software to enhance efficiency in financial processes. The company is also known for its commitment to customer support and education, offering training programs and resources to help clients maximize the use of their software. Kulcs-Soft has received recognition for its stability and reliability in the industry, further solidifying its position as a trusted provider of accounting solutions.

24. PT Zahir Internasional

• Website: zahiraccounting.com
• Ownership type: Private
• Headquarters: South Jakarta, Jakarta, Indonesia
• Employee distribution: Indonesia 99%, Other 1%
• Founded year: 1996
• Headcount: 51-200
• LinkedIn: pt-zahir-internasional

PT Zahir Internasional, based in South Jakarta, Indonesia, is a private software company founded in 1996. The company specializes in accounting and business management solutions, offering a suite of products designed to help businesses manage their financial processes efficiently. Their flagship offerings include Zahir ERP and Zahir Accounting, which cater to various industries such as retail, manufacturing, and services. Zahir operates primarily on a Software as a Service (SaaS) model, allowing users to access their software online, which enhances flexibility and accessibility. With a workforce of approximately 203 employees, Zahir has built a reputation for providing user-friendly solutions that simplify complex accounting tasks. The company has garnered a substantial user base, with over 200,000 users relying on its software to manage their financial data and reporting needs.

25. Dext

• Website: dext.com
• Ownership type: Corporate
• Headquarters: London, England, United Kingdom (UK)
• Employee distribution: United Kingdom (UK) 40%, Bulgaria 32%, Australia 10%, Other 18%
• Latest funding: December 2024
• Founded year: 2010
• Headcount: 201-500
• LinkedIn: receipt-bank

Dext, founded in 2010 and based in London, is a corporate entity that operates in the bookkeeping automation sector. With a workforce of approximately 494 employees, the company provides tools designed to streamline financial processes for businesses, accountants, and bookkeepers. Dext's platform allows users to capture receipts and invoices through various methods, including mobile apps and direct integrations with accounting software. This capability is particularly beneficial for sectors such as construction, hospitality, and professional services, where managing expenses and invoices is crucial. Dext has positioned itself as a significant player in the bookkeeping automation space, helping clients save time and improve efficiency in their financial management. The company has not reported any recent funding, indicating a stable operational status.

26. Pegasus Software

• Website: pegasus.co.uk
• Ownership type: Private
• Headquarters: Kettering, England, United Kingdom (UK)
• Employee distribution: United Kingdom (UK) 67%, India 22%, Ecuador 11%
• Founded year: 1982
• Headcount: 51-200
• LinkedIn: pegasus-software-ltd

Pegasus Software, founded in 1982 and based in Kettering, England, is a private company that specializes in integrated accounting and business management solutions. With a workforce of around 56 employees, Pegasus focuses on serving small and medium-sized businesses, providing them with tools to streamline operations across various functions such as finance, payroll, supply chain management, and more. Their flagship product, Opera 3, is designed to integrate multiple business areas, allowing for a unified view of operations and facilitating better decision-making. The company operates through a network of partners, ensuring ongoing support and training for its users. As a trading name of Infor (United Kingdom) Limited, Pegasus Software benefits from the backing of a larger organization, which enhances its capabilities in delivering cloud-based solutions and adapting to market changes. Their commitment to developing tailored solutions for their clients underscores their relevance in the accounting software industry.

27. 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, founded in 2003 and headquartered in Toronto, Ontario, Canada, is an accounting software provider that specializes in serving small and medium-sized businesses. The company focuses on freelancers, solopreneurs, and businesses that work with contractors, offering a web-based platform that simplifies financial management. FreshBooks provides a range of features including invoicing, expense tracking, and financial reporting, which help users manage their finances efficiently. With a workforce of approximately 447 employees, the company has a strong presence in Canada, with additional teams in the Netherlands, the United States, and Mexico. FreshBooks has received significant funding, with a recent amount of $125 million, indicating robust investor interest and support for its growth in the accounting software market.

Industry Specific Accounting Software Insights: Key Companies

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