inDinero vs LumaTax Comparison

88% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

inDinero

Accounting Software

4 44 user ratings

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71% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

LumaTax

Accounting Software

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Overview

Description	inDinero is convenient for outsourcing accounting services and CFOs. The accounting services are available for businesses of all sizes. inDinero is a comprehensive platform where client companies can expect both personalised business guidance and powerful financial technology of the utmost quality. The accounting service provided by inDinero grows along with the magnitude of the client organisation. This includes improvement in efficiency and visibility into the business so that clients can make informed decisions. With changing financial needs of the organisations, inDinero provides updated CFO services to enable client organisations to make and implement well-informed decisions for a better and productive future. The fractional CFOs help in preparing financial plans and strategies that are aligned along with the immediate goals of the company in concern. Customised financial reports further make it easier for client companies to figure out what is and what is not working. All these strategies in inDinero are designed to make client companies flexible and informative about their cash flow, fundraising and encashable exits related to their business. Read more	LumaTax has developed an economic nexus analysis tool that automates the complexity of analyzing transactions against varying state thresholds to determine whether nexus has been established in each taxing jurisdiction. Finally, an all-in-one solution to help you deliver SUT compliance to your clients profitably and at scale. Our industry-first client exposure survey generates a LumaTax Compliance Score for each business to help you quickly identify those most in need of SUT advisory services and - in the process - provides you with a picture of the corresponding revenue opportunities for your firm. Get a complete picture of each clients' nexus status across the U.S. with our Nexus Overview dashboard. Read more
Pricing Options	Free Trial Not Available Starts at $750.00. Offers Custom plan.	Free Trial Not Available Offers Custom plan.
SW Score & Breakdown	88% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more 94% Reviews 76% Momentum 62% Popularity 81%	71% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more 66% Reviews 60% Momentum 61% Popularity 69%
SaaSworthy Awards	# 9 Fastest Growing # 19 Most Popular	Not Available

Features

Total Features	14 Features	3 Features
Common Features for All	Accounts Payable Handling the money owed by a business to its suppliers. Accounts Receivable Handling the money the client owes to the company. Bank Reconciliation Matching the balances of an entity's accounting records with the corresponding information on a bank statement. Billing and Invoicing This feature helps in issuing and handling the invoice and bills. CPA Firms Offers collaboration with a professional expert for financial and consulting services. Cash Management Collection and management of cash. Collections Recovery of cash from a business or individual. Expense Tracking Keep a count of your day to day expenses as well as allows you to quickly identify where the expense report is in the approval process. Fixed Asset Management Helps in tracking fixed assets for the purposes of financial accounting, preventive maintenance, and theft deterrence. General Ledger Maintaining and recording all the accounting related transactions. Purchasing Acquiring goods or services required for the business at minimal cost Revenue Recognition Determining the specific conditions under which revenue is recognized or accounted for Spend Management Managing the expenditure of a business in order to build its product or services Tax Management Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time + 11 More - Show Less	Accounts Payable Handling the money owed by a business to its suppliers. Accounts Receivable Handling the money the client owes to the company. Bank Reconciliation Matching the balances of an entity's accounting records with the corresponding information on a bank statement. Billing and Invoicing This feature helps in issuing and handling the invoice and bills. CPA Firms Offers collaboration with a professional expert for financial and consulting services. Cash Management Collection and management of cash. Collections Recovery of cash from a business or individual. Expense Tracking Keep a count of your day to day expenses as well as allows you to quickly identify where the expense report is in the approval process. Fixed Asset Management Helps in tracking fixed assets for the purposes of financial accounting, preventive maintenance, and theft deterrence. General Ledger Maintaining and recording all the accounting related transactions. Purchasing Acquiring goods or services required for the business at minimal cost Revenue Recognition Determining the specific conditions under which revenue is recognized or accounted for Spend Management Managing the expenditure of a business in order to build its product or services Tax Management Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time

Technical Details

Organization Types Supported	Large Enterprises Medium Business Small Business	Large Enterprises Medium Business Small Business
Platforms Supported	SaaS/Web/Cloud Mobile - Android Mobile - iOS	SaaS/Web/Cloud Mobile - Android Mobile - iOS
Modes of Support	Business Hours Online	Business Hours Online

Reviews & Ratings

User Rating	4/5 44 user ratings	Not Available
Rating Distribution	Excellent 52.3% Very Good 15.9% Average 22.7% Poor 0% Terrible 9.1%	Not Available
User Sentiments	Knowledgeable and Responsive Customer Service, Easy to Use Interface, Efficient Accounting and Bookkeeping, Comprehensive Financial Reporting High Pricing, Lack of Seamless Third-Party Integrations, Inaccurate Tax Filing, Inadequate Client Support	Not Available
Review Summary	Overall, reviewers consider the software to be user-friendly and efficient, with a clean interface and intuitive design. Many users appreciate its comprehensive features, including robust reporting and budgeting capabilities, as well as its ability to streamline financial processes and save time. The software's integration with other business applications is also praised. However, some users have reported issues with the software's stability and customer support, suggesting that improvements in these areas would enhance the overall user experience.	Not Available
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Pricing

Pricing Options	Free Trial Not Available Starts at $750.00. Offers Custom plan.	Free Trial Not Available Offers Custom plan.
Pricing Plans Monthly Plans Annual Plans	Essential $750.00 $750.00 per month Growth $1,250.00 $1,250.00 per month Executive Custom	LumaTax Custom
	View Detailed Pricing	View Detailed Pricing

Alternatives

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