GoDaddy Bookkeeping vs. PaySimple

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
GoDaddy Bookkeeping
Score 7.8 out of 10
N/A
GoDaddy Bookkeeping (formerly Outright) is a cloud-based bookkeeping and accounting automation platform targeted at small businesses. It contains basic bookkeeping and reporting features meant to simplify the process of accounting for small businesses and their accountants, ensuring taxes are filed easily. It also automates invoicing and manages receipt of payments. Its automated reporting features are meant to be simple, accessible, and update in real-time. It automatically uploads data from…
$4.99
per month
PaySimple
Score 3.1 out of 10
N/A
PaySimple is a payment gateway software solution offered by PaySimple.
$59.95
per month
Pricing
GoDaddy BookkeepingPaySimple
Editions & Modules
Get Paid
$4.99
per month
Essentials
$9.99
per month
Premium
$14.99
per month
Subscription
$59.95
per month
Offerings
Pricing Offerings
GoDaddy BookkeepingPaySimple
Free Trial
NoYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details——
More Pricing Information
Community Pulse
GoDaddy BookkeepingPaySimple
Top Pros
Top Cons
Features
GoDaddy BookkeepingPaySimple
Payroll Management
Comparison of Payroll Management features of Product A and Product B
GoDaddy Bookkeeping
3.0
1 Ratings
82% below category average
PaySimple
-
Ratings
Pay calculation3.01 Ratings00 Ratings
Security
Comparison of Security features of Product A and Product B
GoDaddy Bookkeeping
5.5
1 Ratings
35% below category average
PaySimple
-
Ratings
Single sign-on capability6.01 Ratings00 Ratings
Role-based user permissions5.01 Ratings00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
GoDaddy Bookkeeping
6.3
3 Ratings
16% below category average
PaySimple
-
Ratings
Dashboards6.03 Ratings00 Ratings
Standard reports7.03 Ratings00 Ratings
Custom reports6.03 Ratings00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
GoDaddy Bookkeeping
5.7
2 Ratings
23% below category average
PaySimple
-
Ratings
Accounts payable6.02 Ratings00 Ratings
Accounts receivable6.02 Ratings00 Ratings
Cash management7.02 Ratings00 Ratings
Bank reconciliation3.02 Ratings00 Ratings
Expense management8.02 Ratings00 Ratings
Time tracking5.02 Ratings00 Ratings
Fixed asset management5.02 Ratings00 Ratings
Regulations compliance5.01 Ratings00 Ratings
Electronic tax filing8.01 Ratings00 Ratings
Self-service portal5.02 Ratings00 Ratings
Global Financial Support5.01 Ratings00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
GoDaddy Bookkeeping
5.0
1 Ratings
29% below category average
PaySimple
-
Ratings
Automatic reordering5.01 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
GoDaddy Bookkeeping
5.0
2 Ratings
34% below category average
PaySimple
-
Ratings
Order entry3.01 Ratings00 Ratings
Credit card processing7.01 Ratings00 Ratings
Cost of goods sold5.02 Ratings00 Ratings
Payment Gateways
Comparison of Payment Gateways features of Product A and Product B
GoDaddy Bookkeeping
-
Ratings
PaySimple
1.0
1 Ratings
141% below category average
Fraud Detection00 Ratings1.01 Ratings
API or SDK00 Ratings1.01 Ratings
Recurring Payment Support00 Ratings1.01 Ratings
Billing and Invoicing Support00 Ratings1.01 Ratings
Global Support00 Ratings1.01 Ratings
Payment Form Acceptance00 Ratings1.01 Ratings
Best Alternatives
GoDaddy BookkeepingPaySimple
Small Businesses
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Score 9.2 out of 10
Apple Pay
Apple Pay
Score 9.1 out of 10
Medium-sized Companies
Accounting Seed
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Score 8.3 out of 10
Apple Pay
Apple Pay
Score 9.1 out of 10
Enterprises
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.0 out of 10
Adyen
Adyen
Score 8.8 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
GoDaddy BookkeepingPaySimple
Likelihood to Recommend
7.0
(3 ratings)
2.4
(13 ratings)
Usability
7.0
(1 ratings)
-
(0 ratings)
User Testimonials
GoDaddy BookkeepingPaySimple
Likelihood to Recommend
GoDaddy
Perfect for US market but not transferable to UK market, needs some upgrades for this. Even when set up with a UK address it won't allow changes in tax year end, presuming that tax year starts Jan - Dec. Also shows dollars instead of pounds even though figures were correct with solution.
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PaySimple
PaySimple has made it next to impossible to become PCI compliant unless we purchased a separate computer for the sole purpose of invoicing. We switched to Chase Bank who does not store sensitive info on our computers allowing us to accept credit cards and still remain PCI compliant. Our money is available much faster by not using the 3rd party. Additionally, a simple company name change required more paperwork than closing the account and setting up a new one even when the same bank account was going to be used. This was the primary reason to shop around. We happily contacted Chase Bank and now save $125 a month and receive access to our funds faster. I cannot believe I stayed with PaySimple as long as I did. It's amazing anyone would jump through the hoops of PCI compliance when the technology exists to keep sensitive information off your small business computers. If this review stops anyone from paying those monthly fees, the time was well worth it! PaySimple, requires business owners to fill out forms that make no sense in laymens terms. Chase Bank fills them all in for you and highlights the areas that need to be signed and initialed. PaySimple, charges excessive fees and in my opinion has very emotional customer service reps. Chase Bank, was eager to help and get things rolling so you can focus on your business. I would never recommend PaySimple.
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Pros
GoDaddy
  • Invoicing and linking payments to them.
  • Creating estimates for my clients.
  • Making tax time easier with easy P and L statements and categorization of expenses.
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PaySimple
  • PaySimple is awesome for recurring payments. It's easy to set one up and make changes as needed. Without this feature, our business would be dead. Being able to easily set up recurring payments for our retainer is a must and PaySimple does it beautifully.
  • The payment portal feature is also really good fro collecting payments of differing amounts. We setup a single portal where customers enter the payment amount accessed from a link in the invoice email. This feature has transformed out collections and cut down our time to get paid significantly.
  • If you do have product type offerings, it's easy to setup individual products or an entire store.
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Cons
GoDaddy
  • More complex tax prep features
  • Better filters for tax purposes
  • More tools for tax returns
Read full review
PaySimple
  • More proactive and empowering role in merchant fee's and alternative processors. Transparency is challenging in understanding Paysimple's role and relationship to the processors.
  • Identifying areas for further value to clients.
  • More targeted small to mid-size business perspective to anticipate growth challenges and prevent blocks on funds for legitimate sales and growth.
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Usability
GoDaddy
Loses marks on the tax year only being Jan - Dec and inability to change that to a UK format and choose your year end date.
Read full review
PaySimple
No answers on this topic
Alternatives Considered
GoDaddy
I already use GoDaddy for a lot of my website clients so tried the bookkeeping out and really liked it! I tried a few others but nothing worth the price difference. I have tried a few other time trackers as I wish I could live track my time vs entering a little a time.
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PaySimple
Authorize.net and a handful of other merchant processors and gateways. Most payment gateways (online portals to process payments) are rudimentary and not extremely intuitive. PaySimple is not and they are constantly coming up with new ways to improve upon an already very impressive platform.
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Return on Investment
GoDaddy
  • Low monthly cost compared to other accounting software
  • Easy to use and learn with
  • Gives me the basic numbers I need for book keeping and taxes for a small business
Read full review
PaySimple
  • Because we've got a really awesome rate with them it's definitely a positive ROI. I can't say what that figure is but it's pretty good. Also, our customers have a huge ROI over their prior way of getting payment from their customers.
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ScreenShots

PaySimple Screenshots

Screenshot of PaySimple DashboardScreenshot of Online InvoicesScreenshot of Web Payment FormsScreenshot of Point of Sale (POS)Screenshot of Mobile AppScreenshot of Collect payments on the go.