Download the Q3 GetRank report, Accounting in the Cloud: Key Trends for 2015, which also features the Q3 Accounts Payable software ranking.
(PRWEB) November 13, 2015
GetApp, the largest cloud-based business apps marketplace, has released its Q3 ranking for the top cloud-based accounts payable solutions. Xero narrowly topped the list with a score of 70, finishing ahead of QuickBooks Online and Intacct who finished with scores of 67 and 59, respectively.
The ranking is based on five data points including user reviews, software integrations, mobile app availability, social media presence, and security. The ranking aims to help small and mid-sized businesses get a first-look at which accounts payable solution are available in the market.
Data is collected from GetApp and other third-party sources, and the calculations are done using a unique algorithm. Software integrations and user reviews are gathered from data listed on GetApp. Security is collected via a security survey given to vendors, which is based on the Cloud Security Alliance’s Self-Assessment form. Social media presence and mobile app availability data are pulled from Facebook and Twitter, and the Google Play and Apple App Stores, respectively.
Aside from the ranking, a Q3 report on trends titled Accounting in the Cloud provides insights into some of the biggest trends in accounting software, with contributions from business technology journalist Sholto MacPherson.
MacPherson describes the changing nature of the industry, with apps become more multi-functional. “Established online accounting software such as Xero is adding business intelligence features such as customizable dashboards with more comprehensive options. Instead of showing basic information such as sales invoices due and bills payable, the next generation of online software will display KPIs chosen by the business owner or their financial advisor,” MacPherson notes.
Click through to read the entire Q3 GetRank report, Accounting in the Cloud: Key Trends for 2015, which also features the Q3 Accounts Payable software ranking.
More about GetApp: GetApp, a Gartner company, is the leading premium business app discovery platform on the web. Headquartered in Barcelona (Spain), GetApp serves as a platform for user-generated and editorial reviews of software and apps for businesses.