What users are saying about
1 Rating
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Score 8 out of 100
4 Ratings
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Score 10 out of 100

Likelihood to Recommend

Clearwater Analytics

If your company has multiple investment accounts Clearwater is a great choice to consolidate month end reporting.
Matt Watford | TrustRadius Reviewer

LessAccounting

If you are an entrepreneur and you want to focus on building your business, start with Less Accounting. It's a full-blown accounting system that has a simple implementation and it can connect to your financial accounts to automate many parts of the business. Our 1st four years of business, we worked without a bookkeeper at all due to the level of automation.
It is not limited in any regard and is not simply for invoicing or tracking hours, it more or less does everything. Perhaps one area that it wouldn't be ideal is for firms that need to have more rigid accounting, with charts of accounts etc for industries that are audited or highly regulated.
Shirin Elkoshairi | TrustRadius Reviewer

Feature Rating Comparison

Payroll Management

Clearwater Analytics
LessAccounting
9.5
Pay calculation
Clearwater Analytics
LessAccounting
9.0
Direct deposit files
Clearwater Analytics
LessAccounting
10.0

Customization

Clearwater Analytics
LessAccounting
8.4
API for custom integration
Clearwater Analytics
LessAccounting
9.5
Plug-ins
Clearwater Analytics
LessAccounting
7.2

Security

Clearwater Analytics
LessAccounting
10.0
Single sign-on capability
Clearwater Analytics
LessAccounting
10.0
Role-based user permissions
Clearwater Analytics
LessAccounting
10.0

Reporting & Analytics

Clearwater Analytics
LessAccounting
9.7
Dashboards
Clearwater Analytics
LessAccounting
9.5
Standard reports
Clearwater Analytics
LessAccounting
9.5
Custom reports
Clearwater Analytics
LessAccounting
10.0

General Ledger and Configurable Accounting

Clearwater Analytics
LessAccounting
9.4
Accounts payable
Clearwater Analytics
LessAccounting
10.0
Accounts receivable
Clearwater Analytics
LessAccounting
8.0
Cash management
Clearwater Analytics
LessAccounting
8.6
Bank reconciliation
Clearwater Analytics
LessAccounting
10.0
Expense management
Clearwater Analytics
LessAccounting
9.1
Fixed asset management
Clearwater Analytics
LessAccounting
10.0
Electronic tax filing
Clearwater Analytics
LessAccounting
8.0
Self-service portal
Clearwater Analytics
LessAccounting
9.5
Intercompany Accounting
Clearwater Analytics
LessAccounting
9.5
Journals and Reconciliations
Clearwater Analytics
LessAccounting
10.0
Configurable Accounting
Clearwater Analytics
LessAccounting
10.0
Centralized Rules Framework
Clearwater Analytics
LessAccounting
10.0
Standardized Processes
Clearwater Analytics
LessAccounting
10.0

Order Management

Clearwater Analytics
LessAccounting
8.0
Pricing
Clearwater Analytics
LessAccounting
8.0
Order entry
Clearwater Analytics
LessAccounting
8.0

Pros

Clearwater Analytics

No answers on this topic

LessAccounting

  • Categorize Expenses Automatically
  • Profit and loss Statements
  • Interfaces with Credit Union
Elizabeth Pampalone | TrustRadius Reviewer

Cons

Clearwater Analytics

No answers on this topic

LessAccounting

  • With the flexibility comes room for folks not adhering to specific accounts. There is no numeric chart of accounts so at times you will see 2 line items for a single item. We tend to overcome this limitation with extensive tagging.
  • Invoices and sales orders don't have an obvious way to assign credit to specific salespeople or consultants. We reached out to LA and they have shown us a different way to do this which we'll try soon.
  • The visual interface can use some sprucing up. It's easy to navigate but I believe the navigation can be slightly improved. I do find myself hitting the back button to get into other parts of the app.
Shirin Elkoshairi | TrustRadius Reviewer

Likelihood to Renew

Clearwater Analytics

No score
No answers yet
No answers on this topic

LessAccounting

LessAccounting 10.0
Based on 1 answer
It works, it keeps our historical data and is easy to use
Shirin Elkoshairi | TrustRadius Reviewer

Alternatives Considered

Clearwater Analytics

No answers on this topic

LessAccounting

I had been with QuickBooks for a few years (unwillingly) at the behest of accountants. It took me a while to realize there were other options out there and I needed to begin a hunt to find them. I found LessAccounting. While it's not the most appealing software, it sure helped me see the breakdown of things and allowed me to reconcile my books without feeling like I needed a degree in Accounting.
Elizabeth Pampalone | TrustRadius Reviewer

Return on Investment

Clearwater Analytics

No answers on this topic

LessAccounting

  • + Less time worrying about my accounting
  • + actually reconciling my books at the end of each month or quarter
  • + being able to access my P+L anytime!
Elizabeth Pampalone | TrustRadius Reviewer

Pricing Details

Clearwater Analytics

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

LessAccounting

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

Rating Summary

Likelihood to Recommend

Clearwater Analytics
8.0
LessAccounting
9.5

Likelihood to Renew

Clearwater Analytics
LessAccounting
10.0

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