TrustRadius: an HG Insights company

Save this comparison

Save this comparison

Add Product

Recommended Comparisons

    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    LessAccounting

    Score9.5 out of 10
    N/ALessAccounting is a simplified, core, cloud-based accounting platform for small businesses from LessAccounting.com based on Jacksonville, Florida. It contains expense management features (sorting by project and expense type, tracking and reminders), automated invoicing, simple business overview and reporting features (e.g. profit and loss reporting, balance sheet, receivables and payables reports, etc.), integration with bank account, document management and integration with many apps and…N/A

    MineralTree

    Score10 out of 10
    Mid-Size Companies (51-1,000 employees)
    MineralTree automates accounts payable and payments by connecting a business' ERP/Accounting Software to their business bank account. Since the October 2021 acquisition it is a Global Payments brand.N/A
    Pricing
    LessAccountingMineralTree
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    LessAccountingMineralTree
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeRequired
    Additional Details——
    More Pricing Information
    Features
    LessAccountingMineralTree
    Payroll Management
    Comparison of Payroll Management features of LessAccounting and MineralTree
    Feature
    LessAccounting
    9.5
    1 Ratings
    23% above category average
    MineralTree
    -
    Ratings
    Pay calculation9.01 Ratings00 Ratings
    Direct deposit files10.01 Ratings00 Ratings
    Customization
    Comparison of Customization features of LessAccounting and MineralTree
    Feature
    LessAccounting
    8.4
    2 Ratings
    10% above category average
    MineralTree
    -
    Ratings
    API for custom integration9.52 Ratings00 Ratings
    Plug-ins7.22 Ratings00 Ratings
    Security
    Comparison of Security features of LessAccounting and MineralTree
    Feature
    LessAccounting
    10.0
    2 Ratings
    20% above category average
    MineralTree
    -
    Ratings
    Single sign-on capability10.01 Ratings00 Ratings
    Role-based user permissions10.02 Ratings00 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of LessAccounting and MineralTree
    Feature
    LessAccounting
    9.7
    2 Ratings
    21% above category average
    MineralTree
    -
    Ratings
    Dashboards9.52 Ratings00 Ratings
    Standard reports9.52 Ratings00 Ratings
    Custom reports10.02 Ratings00 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of LessAccounting and MineralTree
    Feature
    LessAccounting
    9.4
    2 Ratings
    21% above category average
    MineralTree
    -
    Ratings
    Accounts payable10.01 Ratings00 Ratings
    Accounts receivable8.01 Ratings00 Ratings
    Cash management8.62 Ratings00 Ratings
    Bank reconciliation10.02 Ratings00 Ratings
    Expense management9.12 Ratings00 Ratings
    Fixed asset management10.01 Ratings00 Ratings
    Electronic tax filing8.01 Ratings00 Ratings
    Self-service portal9.52 Ratings00 Ratings
    Intercompany Accounting9.52 Ratings00 Ratings
    Journals and Reconciliations10.01 Ratings00 Ratings
    Configurable Accounting10.02 Ratings00 Ratings
    Centralized Rules Framework10.01 Ratings00 Ratings
    Standardized Processes10.01 Ratings00 Ratings
    Order Management
    Comparison of Order Management features of LessAccounting and MineralTree
    Feature
    LessAccounting
    8.0
    1 Ratings
    8% above category average
    MineralTree
    -
    Ratings
    Pricing8.01 Ratings00 Ratings
    Order entry8.01 Ratings00 Ratings
    Best Alternatives
    LessAccountingMineralTree
    Small Businesses
    QuickBooks Self-Employed (discontinued)
    Score4.2 out of 10
    Tipalti
    Score7.7 out of 10
    Medium-sized Companies
    MYOB
    Score8.3 out of 10
    Stampli
    Score8.4 out of 10
    Enterprises
    Microsoft Dynamics GP
    Score5.4 out of 10
    Yooz
    Score8.8 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    LessAccountingMineralTree
    Likelihood to Recommend
    9.5
    (2 ratings)
    7.5
    (2 ratings)
    Likelihood to Renew
    10.0
    (1 ratings)
    -
    (0 ratings)
    User Testimonials
    LessAccountingMineralTree
    Likelihood to Recommend
    LessAccounting.com
    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.
    Incentivized
    Read full review
    Global Payments
    If you are looking to save time on recording transactions. This has been a great time saver, all transactions are easily reconciled and they are automatically posted in Netsuite.
    Incentivized
    Read full review
    Pros
    LessAccounting.com
    • Categorize Expenses Automatically
    • Profit and loss Statements
    • Interfaces with Credit Union
    Incentivized
    Read full review
    Global Payments
    • Great Customer Service. Whenever there is an issue they are very responsive in helping with the issue.
    • At the time it was cheaper than Bill.com for most of the same functionality.
    • Integrated with QuickBooks relatively well.
    Incentivized
    Read full review
    Cons
    LessAccounting.com
    • 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.
    Incentivized
    Read full review
    Global Payments
    • We had some improvements that wanted to be made but so far over the 2 years with them they have made the updates we wanted.
    Incentivized
    Read full review
    Likelihood to Renew
    LessAccounting.com
    It works, it keeps our historical data and is easy to use
    Incentivized
    Read full review
    Global Payments
    No answers on this topic
    Alternatives Considered
    LessAccounting.com
    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.
    Incentivized
    Read full review
    Global Payments
    It doesn't. Hands down Bill.com is a better platform that over time has only gotten better.
    Incentivized
    Read full review
    Return on Investment
    LessAccounting.com
    • + 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!
    Incentivized
    Read full review
    Global Payments
    • Cost of AP.
    • AmEx integration will allow us to accrue points on our card.
    Incentivized
    Read full review
    ScreenShots

    MineralTree Screenshots

    Screenshot of AP and Payment Automation from MineralTree