TOP 5 ACCOUNTING SOFTWARE IN DUBAI

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TOP 5 ACCOUNTING SOFTWARE IN DUBAI
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WHY DO YOU NEED AN ACCOUNTING SOFTWARE ?

• No matter how small or big your business is,
  managing finance can be a tough task.
• In the UAE, thousands of businesses spread across
  all sectors are using accounting software to
  manage day-to-day accounting tasks and
  activities.
• With the VAT tax implementation coming soon in
  UAE, the demand for accounting and tax compliance
  software has risen incredibly.

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HOW DO YOU SELECT THE BEST SOFTWARE?

• To pick the best accounting software, you may
  need to do a little homework. Obviously, if you
  are investing in a technology, you must make sure
  it is worth your money.
• Here are a list of things you need to check off
  the list when selecting an accounting software in
  Dubai
• Usability
• Installation
• Cloud based
• Price and affordability
• Features
• Integration

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• Another key point to remember is that not all
  accounting programs offer everything you need.
  You may find one which offers some of the best
  features, but it may be highly priced. On the
  other hand, you might find one which fits your
  budget, but it may have tedious installation and
  hardware requirements.
• To help make your decision easier, we have
  created a list of the top 5 accounting software
  in Dubai.
• Take a look?

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1. VCA FINANCE AND ACCOUNTING

• Created by Cordis Technology, VCA (Value Creation
  Automation) is a powerful business solution which
  takes cares of entire financial and accounting
  processes.
• VCA Finance and Accounting streamlines entire
  processes, integrates disparate business
  functions and enhances transparency within a
  business. This means you can easily trace, manage
  and see money flowing in and out of your business
  in real-time.

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PROS
Cons
COMPLEX MECHANISM highly advanced technological
framework which may require IT support
PRICE extremely affordable, user-based fee and
no hardware costs
INSTALLATION PERIOD- software is customized to
meet business requirements and may take time for
installation
INTEGRATION can be easily integrated with other
platforms
FLEXIBLE easy and automated upgrade of
software, free of cost
TRANSACTION VIEW all financial activity can be
drilled down to minute transaction level
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• WEBSITE https//www.cordis.us/
• CONTACT 971  04-5195999

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2. QUICKBOOKS ACCOUNTING

• One of the leading accounting software programs
  for small businesses, QuickBooks is designed to
  handle basic accounting processes.
• The software program allows users to perform many
  accounting activities and take care of daily
  operations such as billing and invoice creation,
  statement collection, ledger accounts and more.

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PROS
CONS
NETWORK GROWTH users can connect with other
QuickBooks users instantly
POOR SECURITY the software is vulnerable to
security breaches and external threats
ACCOUNTING BASICS all accounting computations,
methodologies and principles are covered within
the software
LIMITED FEATURES it is difficult to expect
advanced accounting features in this software
UPGRADE you will have to pay additional fees
for any sort of upgrade of the software
COST-FRIENDLY as compared to competitors,
QuickBooks is affordable
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3. MICROSOFT DYANMICS

• Microsoft has become a household name and needs
  no introduction. With its recent approach to
  automation solutions and business accounting, the
  company has given accounting automation a new
  meaning.
• This software has been designed to give
  businesses the opportunity to grow through
  streamlined financial operations and accounting.

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PROS
CONS
SERVER COSTS if you plan to disregard on-cloud
dynamics, you will have to bear the costs of
on-site hardware requirements
ADVANCED FUNCTIONS this software comes with a
range of sophisticated and highly powerful
accounting features
COMPLETE INTEGRATION You can integrate this
accounting software with other Microsoft
platforms and interfaces for enhanced financial
performance
TECHNICAL SUPPORT once again, technical help
may be needed for which costs will be incurred
CLOUD-BASED you can perform accounting tasks
and activities remotely
PRICE not very suitable for small sized
businesses due to high implementation costs
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4. FRESHBOOKS ACCOUNTING

• FreshBooks Accounting is a gaining popularity
  among small to medium sized businesses fast,
  especially in the UAE. The software allows
  businesses to take care of day to day accounting
  requirements with ease.
• Invoicing, billing and accounts management are
  just a few of the main features you will find in
  FreshBooks.

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PROS
CONS
CUSTOMIZATION OPTION you can have the software
customized to meet your business needs
EXPENSIVE this accounting software can be
particularly expensive as compared to other
providers
CORE ACCOUNTING there are many accounting
features and functionalities available
LARGE DATA VOLUME it may not be possible to
process large volumes of data such as bulk
invoicing
TECHNICAL PROBLEMS the software is prone to
technical glitches and issues which may need
support
USABILITY the system is easy to use and
requires no technical training
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5. SAGE 50

• Sage 50 is a leading software provider that is
  heling many businesses worldwide.
• Its accounting solution program allows businesses
  to take care of financial activities with ease.
  The solution comes with a number of in-built
  features and actions such as ledgers and accounts
  management, supplier invoicing, bookkeeping and
  more.

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PROS
CONS
DATA CUSTOMIZATION you can retrieve and send
financial data based on your business needs
HIGHLY PRICED this software solution can be
expensive and unaffordable for many small
businesses
ADVANCED REPORTING the software solution
provides state-of-the-art reporting features
unlike many others
CLUTTERED INTERFACE the user interface can be
cluttered and may lack visual organization of data
ACCOUNTING FEATURES alongside accounting
functions, the software also brings together
advanced financial management features
INSTALLATION it can be difficult to set up and
integrate this solution within a functioning
business structure
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• With a comprehensive list, you can now base your
  decision on reliable facts. It is still
  recommended that you get in touch with these
  providers and seek more detail. Many accounting
  software providers in Dubai offer free
  consultation.
• Make sure you check out their website and learn
  more about their features and functions.