Merrchant vs Accountect Comparison

86% 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

Merrchant

Accounting Software

5 4 user ratings

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78% 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

Accountect

Accounting Software

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Overview

Description

Merrchant hosts business applications ranging from CRM, POS to Payroll and everything in between. It bundles all the apps customized as per each business’ needs into an affordable pricing plan, saving them money as well as additional bloatware. Merrchant’s suite of applications run on all devices including PCs, Mac, and even smartphones. This is combined with real-time updates for all apps which helps businesses stay up to date on all current data irrespective of the device each one is using. With Merrchant, a business can manage all of its core functions under one roof, making it simpler for the manager, as well as the function heads. Its different plans allow for maximum scalability, covering the needs of fast growing teams and startups. Data stored in every Merrchant application is encrypted using industry-standard TLS ensuring fair usage of personal and financial information. Read more

Accountect is revolutionizing the accounting landscape with its Connected Accounting platform. This innovative software seamlessly connects vendors and customers, enabling real-time collaboration. By allowing the sharing of transactions and documents, Accountect ensures instant account updates and reconciliation, dramatically saving work hours and boosting operational efficiency. Users can manage their finances effortlessly with features like real-time transaction alerts, automatic account updates, and instant purchase and expense bill creation from invoices. Additionally, the platform offers a comprehensive sales journal for viewing sales, generating reports, and analyzing patterns. Whether creating sales receipts for individual customers or daily totals, Accountect simplifies every step. Business partners can access their account information in real-time through shareable links, and even those not yet on Accountect can be invited to connect instantly. This platform enhances transparency and drives productivity, making it an invaluable tool for any business looking to streamline its accounting processes and save hundreds of billable hours each month. Consider Accountect for a more connected, efficient, and transparent accounting experience. Read more

Pricing Options

Free Trial Available
Starts at $5.00.

Free Trial Available
Starts at $8.33. Offers Free-forever plan.

SW Score & Breakdown

86% 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

100%
Reviews

67%
Momentum

60%
Popularity

77%

78% 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

87%
Reviews

60%
Momentum

64%
Popularity

63%

Features

Total Features	17 Features	10 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. Multi-Currency Enables payment and collection in multiple currencies. Payroll Handling the salary payable to the employees Project Accounting Creation of financial reports specifically designed to track the financial progress of projects 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 + 14 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. Multi-Currency Enables payment and collection in multiple currencies. Payroll Handling the salary payable to the employees Project Accounting Creation of financial reports specifically designed to track the financial progress of projects 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 + 7 More - Show Less

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	24/7 (Live rep) Business Hours Online	24/7 (Live rep) Business Hours Online

Reviews & Ratings

User Rating	5/5 4 user ratings	Not Available
Rating Distribution	Excellent 100% Very Good 0% Average 0% Poor 0% Terrible 0%	Not Available
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Pricing

Pricing Options	Free Trial Available Starts at $5.00.	Free Trial Available Starts at $8.33. Offers Free-forever plan.
Pricing Plans Monthly Plans Annual Plans	Merrchant $5.00 $5.00 per month	Free Free Pro $8.33 $9.99 per month
	View Detailed Pricing	View Detailed Pricing

Alternatives

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