Accounting Seed vs Patriot Accounting

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Our analysts compared Accounting Seed vs Patriot Accounting based on data from our 400+ point analysis of Accounting Software, user reviews and our own crowdsourced data from our free software selection platform.

Patriot Accounting Software Tool

Product Basics

Accounting Seed streamlines financial processes for mid-sized to enterprise businesses, particularly those in professional services, non-profits, and project-based industries. Built on the Salesforce platform, it leverages CRM integration and robust customization options to cater to specific needs. Key benefits include automated workflows, multi-currency support, and real-time financial reporting. Popular features range from billing and revenue recognition to inventory management and project accounting. User reviews praise its intuitive interface, scalability, and reporting capabilities. Pricing follows a tiered subscription model based on user count and desired functionality. While considered a premium solution, its feature set and integration capabilities often outweigh the cost for businesses seeking a comprehensive financial management system.

Pros
  • Easy to use interface
  • Robust reporting features
  • Seamless Salesforce integration
  • Customizable dashboards
  • Strong customer support
Cons
  • Limited customization options
  • Occasional bugs or glitches
  • Steeper learning curve for some features
  • Can be slow at times
  • No mobile app
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Patriot Accounting is a cloud-based accounting software designed for small businesses and their accountants. It offers a user-friendly interface and comprehensive features for managing finances, including income and expense tracking, invoicing, bill pay, bank reconciliation, and financial reporting. Patriot caters to businesses with basic to moderate accounting needs, making it suitable for freelancers, solopreneurs, and small business owners who lack accounting expertise. Its key strengths lie in its affordability, ease of use, and customer support. Users praise its intuitive interface, clear navigation, and helpful tutorials, making it easy to learn and navigate even for accounting novices. Additionally, Patriot boasts excellent customer support, readily available to assist users with any questions or concerns. Popular features include customizable invoices, automatic bank feeds, inventory management, and payroll integration (with an additional fee). Compared to similar products, Patriot stands out for its emphasis on user-friendliness, affordability, and exceptional customer service. While it may lack some advanced features found in competitor software, its core functionalities and ease of use make it a compelling choice for many small businesses. Pricing starts at $20 per month for the basic plan, offering essential accounting features. The premium plan, at $30 per month, adds unlimited users, advanced features, and payroll integration. Both plans come with a free 30-day trial, allowing users to test the software before committing.

Pros
  • Easy to use and navigate
  • Affordable pricing
  • Excellent customer support
  • Automatic bank feeds
  • Inventory management (paid add-on)
Cons
  • Limited features compared to competitors
  • No mobile app
  • Payroll integration requires additional fee
  • Not ideal for complex accounting needs
  • Limited customization options
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$750 Monthly
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Tailored to your specific needs
$20 Monthly
Get a free price quote
Tailored to your specific needs
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Mobile

Product Assistance

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24/7 Live Support
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24/7 Live Support

Product Insights

  • Better SalesForce Integration: Integrate with SalesForce CRM and use the SalesForce Product Object. Use it as a standalone product if the system is hooked to the complete platform. 
  • Improved Invoicing: Make use of multiple invoice formats with built-in approvals. Set up recurring bills for improved security and compliance and to minimize the possibility of errors. 
  • User-friendly Reporting: Create user-friendly or fully formatted financial reports using SalesForce. Easily track the company’s performance regularly with custom reports. 
  • Time Tracking and Expenses: Manage accounting with built-in time cards. Track and report on expenses using the app. 
  • Better Accessibility: Access and conduct business from anywhere in the world with the mobile app. 
  • Eliminate repetitive tasks: Automate repetitive tasks and personalize the system using point-and-click automation. Leverage the feature to personalize with codes if the automation doesn't work for certain use cases. 
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  • Streamlined accounting processes: Patriot Accounting simplifies and automates many accounting tasks, such as invoicing, bill payment, bank reconciliation, and financial reporting. This saves time, reduces errors, and helps you stay on top of your finances effortlessly.
  • Improved financial visibility: The software provides real-time insights into your business's financial health through clear dashboards and reports. This allows you to track income and expenses, monitor cash flow, analyze profitability, and make informed financial decisions.
  • Enhanced organization and control: Patriot Accounting helps you organize your financial data, maintain accurate records, and easily access information whenever needed. This promotes better financial management and compliance with tax regulations.
  • Simplified tax preparation: The software generates tax-ready reports that streamline the tax filing process, saving you time and effort. It also integrates with popular tax software, further simplifying tax preparation.
  • Accessibility and collaboration: Patriot Accounting's cloud-based platform allows you to access your financial data from anywhere with an internet connection. It also enables collaboration with your accountant or bookkeeper, promoting efficient financial management and timely financial advice.
  • Enhanced decision-making: The financial insights and reports provided by Patriot Accounting empower you to make data-driven decisions about your business's finances. This can lead to improved profitability, cost savings, and overall financial growth.
  • Peace of mind and confidence: Knowing that your accounting is organized and accurate can reduce stress and provide peace of mind. You can focus on running your business, confident that your financial data is secure and accessible.
  • Scalability for growth: Patriot Accounting can grow with your business, accommodating increased transactions and complexity as your business expands. This ensures you have the support you need to manage your finances effectively, even as your operations grow.
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  • Billing: Create an invoice, start a project or make a recurring billing plan without tedious integration. Customize recurring billing to business requirements. Configure and personalize the system for simple, smarter billing and payment management. 
    • Bookkeeping: Make sure that the business has relevant tax data and error-free and consistent bookkeeping with Avalara. Ensure seamless high-level security transactions without any fee structure with Stripe. Manage billing at the contract level by monitoring past, present and future activity. Make billing simpler with automatic subscription renewals. 
  • Accounts Receivable: Bridge the gap between invoices and payment cycle for a productive cash flow. Automate collection notices and monitor customer activities, aging balances in real-time with configurable dashboards and reports. 
    • Single-View Visibility: Maintain visibility of the project lifecycle and manage customer communication with custom processes. Compile accounts receivable data from any date or time and gain real-time visibility. Get a single view of billing quotes and incoming sales orders. Eliminate the need for repetitive billing work and get paid faster. 
  • Revenue Recognition: Free up the finance department’s time with a CRM-integrated customizable revenue management system. Enhance financial accuracy and make well-informed decisions by recognizing patterns, establishing connections and classifying financial data. 
    • Customizable Accounts Receivable: Customize accounts receivable for revenue recognition based on policies and procedures to ensure an efficient process. Streamline business workflow by automating revenue recognition. Minimize dependency on multiple IT resources with custom configuration. Record and edit contracts natively without the need of any additional integration software. 
  • Recurring Payments: Eliminate repetitive manual calculation with usage-based billing and built-in tiered payments. Customize the solution according to the business model. Make single or batch billing records from single or multiple sales opportunities. Create invoices from sales orders at any stage of completion with a click. Use time cards or expense reports to create bills. 
  • Paying Vendors: Customize the purchasing process and link a purchase order with a manufacturing or construction order as the business demands. Analyze stock level and purchase inventory without the hassle of integration points. Make transactions easier with the connectivity to over 14,500 banks and credit card companies. 
  • General Ledger: Gain complete control of charts of accounts set up with the analytical and intuitive financial management software. Manage user configuration without coding or customization and automate back-office operations with ease. 
  • Multi-Currency: Pay foreign vendors and receive payments in any currency. Keep track of the gain and losses based on fluctuations in the exchange rates with the standard pronouncements. Save time and money by automating conversions for transactions. Create compliant reports in multiple currencies. Minimize the possibility of errors with automated financial consolidation tools. 
  • Multi-Company: Manage budget for multiple companies in a single database. Share sales quotes and opportunities, vendors, charts of accounts, projects and accounting periods between different entities. Get real-time insights by switching between companies and local account views. Boost visibility and control with flexible, multi-company reports. 
  • Bank Reconciliation: Clear bank transactions and make quick reconciliations with minimal data entry using Bank Direct Connect. Ensure correct and up-to-date information by tracking changes with the audit trail function. 
    • Statement Management: Get statements from any bank and reconcile checking, savings and credit card accounts. Efficiently manage bank errors, keep an eye for frauds and maintain accurate cash flow. 
  • Sales Order Management: Save time and money with a streamlined sales order process. Make a sales order from the inventory in the CRM. Reserve products for a particular customer’s orders by designating the items. Capture packaging and shipping details from a single interface. 
    • Purchase Orders: Generate purchase orders directly from sales. Monitor and manage warehouse and inventory directly into one integrated system. Build a customized solution with kitting, serialized and non-serialized inventory, historical inventory balance reporting, multi-warehouse and multi-location environments. 
  • Project Accounting: Consolidate general ledger and project accounting into one system. Eliminate confusion and wasted time with an integrated general ledger and connected project system. Manage resources and gain rich insights from the financial reporting dashboards. 
    • Project Tracking: Keep track of the individual project and monitor overall business health. Analyze past projects and make the right project bid. Effectively track and manage the lifecycle of the project from beginning till the end. 
  • Tax Accounting: Organize and store accounting data in one cloud-based platform. Ensure compliance, accuracy and efficiency with Avalara integration, providing 360-degree sales tax compliance control. 
    • Real-time Data: Get access to financial data in real-time and gain optimal flexibility for VAT reporting, tax calculation. Get an automatic sales tax calculator. Create VAT returns with Avalara VAT reporting and digitally transmit it to the tax authorities. 
  • Data Security: Keep data safe with secure API, strong SalesForce IT infrastructure, two-factor authentication, user permissions, real-time event monitoring. Make sure your business is safe and the data is secure with a reliable, flexible solution. 
  • Point and Click Configuration: Create translation for the configuration with the translation workbench. Update data fields with workflow rules and process builders. 
  • Integration: Credit disbursement, collection tracking and customer interaction can be managed with SalesForce CRM integration, while Stripe integration helps with online payment collection. 
  • Drag-and-Drop: Drag-and-drop editing allows the managed reports configuration allowing for a future data export to Excel. Track expenses, reports and budgets with a consolidated general ledger. 
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  • Income and expense tracking: Record and categorize income and expenses to monitor cash flow and profitability.
  • Invoicing: Create and send professional invoices, track payments, and send reminders to customers.
  • Bill pay: Pay bills and track expenses easily, ensuring timely payments and organized records.
  • Bank reconciliation: Match bank transactions with your records to ensure accuracy and prevent discrepancies.
  • Financial reporting: Generate various reports, including profit and loss statements, balance sheets, cash flow statements, and tax reports.
  • Customizable chart of accounts: Create a chart of accounts that aligns with your business's unique needs and structure.
  • Automatic bank feeds: Import bank transactions automatically, saving time and reducing manual data entry.
  • Inventory management (paid add-on): Track inventory levels, manage stock, and generate purchase orders (available for an additional fee).
  • Payroll integration (paid add-on): Integrate with Patriot's payroll software to streamline payroll processing and tax filings (available for an additional fee).
  • User-friendly interface: Navigate the software easily with intuitive menus, clear labels, and helpful tutorials.
  • Excellent customer support: Access free US-based customer support via phone, email, and live chat.
  • Cloud-based platform: Access your data from anywhere with an internet connection, ensuring flexibility and security.
  • Mobile-friendly access: View your account and manage basic tasks from a mobile device.
  • Secure data storage: Rest assured that your financial data is protected with bank-level security measures.
  • Free 30-day trial: Try the software for free before committing to a subscription.
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Product Ranking

#281

among all
Accounting Software

#369

among all
Accounting Software

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Analyst Rating Summary

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63
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94
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Accounts Payable
Banking and Cash Management
Financial Statements and Revenue Management
General Ledger and Chart of Accounts
Journal Entries
Banking and Cash Management
Accounts Receivable
Accounts Payable

Analyst Ratings for Functional Requirements Customize This Data Customize This Data

Accounting Seed
Patriot Accounting
+ Add Product + Add Product
Accounts Payable Accounts Receivable Banking And Cash Management Budget And Expense Management Financial Statements And Revenue Management General Ledger And Chart Of Accounts Integration And Extensibility Inventory Management Journal Entries Mobile Support Multi-company Accounting And Asset Management Platform Capabilities Project Accounting Reporting And Analytics Tax Management 100 85 100 91 100 100 69 94 100 100 73 89 100 90 96 89 90 94 49 71 75 42 58 46 20 57 67 50 54 83 0 25 50 75 100
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89%
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83%
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Analyst Ratings for Technical Requirements Customize This Data Customize This Data

33%
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User Sentiment Summary

Great User Sentiment 337 reviews
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84%
of users recommend this product

Accounting Seed has a 'great' User Satisfaction Rating of 84% when considering 337 user reviews from 4 recognized software review sites.

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4.2 (25)
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4.4 (127)
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4.1 (151)
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4.1 (34)
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Awards

SelectHub research analysts have evaluated Accounting Seed and concluded it earns best-in-class honors for Accounts Payable and Mobile Support.

Accounts Payable Award
Mobile Support Award

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Synopsis of User Ratings and Reviews

Streamlined Workflows: Automates tasks, reduces manual data entry.
Seamless Salesforce Integration: Unifies financial and customer data.
Real-time Insights: Provides instant visibility into key metrics.
Improved Reporting: Customizable dashboards and reports for better decision-making.
Scalability and Flexibility: Adapts to growing businesses and diverse needs.
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User-friendly interface: Patriot Accounting is known for its intuitive and easy-to-navigate interface, making it suitable for users with varying levels of accounting experience.
Affordable pricing: Patriot Accounting offers competitive pricing plans, making it an attractive option for small businesses and freelancers on a budget.
Strong customer support: Patriot Accounting provides responsive and helpful customer support through multiple channels, including phone, email, and live chat.
Basic accounting features: Patriot Accounting covers essential accounting tasks like invoicing, bill pay, bank reconciliation, and financial reporting.
Integration with popular payment processors: Patriot Accounting integrates with popular payment processors like Stripe and PayPal, streamlining payment collection.
Mobile app availability: Patriot Accounting offers a mobile app for managing finances on the go.
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Limited Customization Options: May not fully adapt to specific needs.
Occasional Bugs or Glitches: Can disrupt workflows and require support.
Steeper Learning Curve for Some Features: Complex functionalities might require training.
Can Be Slow at Times: Performance issues can impact user experience.
No Mobile App: Lacks on-the-go access and data management.
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Limited inventory management: Lacks advanced features like barcode scanning, serial number tracking, and purchase order management, making it unsuitable for businesses with complex inventory needs.
No multi-currency support: Only supports transactions in a single currency, which can be limiting for businesses operating internationally.
Limited reporting capabilities: May not provide the level of customization and detail needed by some businesses, especially those with complex reporting requirements.
Scalability limitations: May not be suitable for large businesses with a high volume of transactions or complex accounting needs, as its features and capabilities may not scale effectively.
Integration limitations: Integrates with a limited number of third-party applications, which may restrict users who rely on specific software or require extensive integrations with other business systems.
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Accounting Seed users share a love-hate relationship with the software. For many, its Salesforce integration shines brightest, with "it truly ties into Salesforce seamlessly" and "no need for an API connection" being common praises. This unified data view across sales and finance wins favor in companies wanting clear customer-to-financial insights. However, some find its customization options "cluttered and confusing," particularly when compared to rivals like Xero or QuickBooks. Users lament "frustrating input screens" and a "steeper learning curve" for complex features. Reporting is another battleground. Some rave about "robust reporting features" that provide "real-time insights," while others criticize "a rework is receiving a rework" and "not integral to any accounting software." Compared to Intuit's FinancialEdge, Accounting Seed's reporting flexibility seems to fall short for some. Despite these frustrations, praise for the user interface and support persists. "Easy to use interface" and "strong customer support" are frequent positives, contrasting with complaints about clunky competitors like Sage. Efficiency gains are also highlighted, with users enjoying "reduced manual work" and "streamlined financial processes." Overall, Accounting Seed seems to be a mixed bag. Its Salesforce integration and user interface charm some, while its reporting and customization limitations disappoint others. For companies prioritizing user-friendliness and real-time financial insights, it's a contender. But for those needing highly customizable reporting or slick on-the-go access (no mobile app yet!), other options might be a better fit.

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Patriot Accounting carves a niche among accounting software with its user-friendly interface, affordable pricing, and strong customer support. Users with basic accounting needs, like freelancers and small businesses, praise its intuitive design and straightforward features for invoicing, bill pay, and bank reconciliation. The mobile app and integrations with popular payment processors like Stripe further enhance its convenience. However, Patriot Accounting's limitations become apparent as businesses grow or require more complex functionalities. Users often cite its lack of advanced inventory management, multi-currency support, and in-depth reporting as dealbreakers. Compared to competitors like QuickBooks, which offers a wider range of features and integrations, Patriot Accounting might feel restrictive. Businesses with international operations or intricate inventory systems may find themselves needing to upgrade to a more robust solution. Ultimately, Patriot Accounting's suitability hinges on a user's specific needs and priorities. For those seeking a beginner-friendly and budget-conscious accounting solution, it stands out with its ease of use and affordability. However, businesses with more intricate accounting requirements or aspirations for future growth might find themselves needing a software that can scale alongside their ambitions.

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