QuickBooks Online vs. Veem

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
QuickBooks Online
Score 8.1 out of 10
N/A
QuickBooks Online is a SaaS version of the QuickBooks product. It contains all of the features found in the local version. Higher-priced plans include greater automation, payment management, inventory and time tracking, and analytics features.
$38
per month
Veem
Score 8.6 out of 10
N/A
Veem, headquartered in San Francisco, offers payment tools to enable businesses to streamline their processes and build business relationships with suppliers and partners all over the world. Through integrations with popular business applications. Veem Local is an online and fee-free option to send, receive, and reconcile business payments within the United States. Veem Cross Border provides access to online global payment tools and pricing and enables users to send, spend, hold and invoice…
$14.99
per month
Pricing
QuickBooks OnlineVeem
Editions & Modules
Simple Start
$38
per month
Essentials
$75
per month
Plus
$115
per month
Advanced
$275
per month
No answers on this topic
Offerings
Pricing Offerings
QuickBooks OnlineVeem
Free Trial
YesYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesYes
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsOne flat platform fee for all accounts. Get access to all platform features for a flat monthly fee of $14.99 USD ($18.99 CAD). - 2 free transactions per month. Accounts will only be charged after their 2nd completed transaction. - ACH/EFT $0 send/receive - Fast Transfer 0.5% for same or next day ACH - Check (US only) $1.99 to send - Veem Wallet $0 send/receive - International wires $0 fees and competitive exchange rates - Global Credit card 2.9% - Global Debit card 1% - Global Instant deposit 1% – min. $1.50
More Pricing Information
Community Pulse
QuickBooks OnlineVeem
Features
QuickBooks OnlineVeem
Payroll Management
Comparison of Payroll Management features of Product A and Product B
QuickBooks Online
8.0
110 Ratings
6% above category average
Veem
-
Ratings
Pay calculation8.4100 Ratings00 Ratings
Benefit plan administration7.452 Ratings00 Ratings
Direct deposit files8.592 Ratings00 Ratings
Salary revision and increment management8.165 Ratings00 Ratings
Reimbursement management7.871 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
QuickBooks Online
6.9
100 Ratings
11% below category average
Veem
-
Ratings
API for custom integration6.982 Ratings00 Ratings
Plug-ins6.982 Ratings00 Ratings
Security
Comparison of Security features of Product A and Product B
QuickBooks Online
8.4
171 Ratings
2% above category average
Veem
-
Ratings
Single sign-on capability8.6136 Ratings00 Ratings
Role-based user permissions8.3161 Ratings00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
QuickBooks Online
8.3
197 Ratings
6% above category average
Veem
-
Ratings
Dashboards8.4184 Ratings00 Ratings
Standard reports8.6192 Ratings00 Ratings
Custom reports8.0175 Ratings00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
QuickBooks Online
7.9
214 Ratings
4% above category average
Veem
-
Ratings
Accounts payable8.9180 Ratings00 Ratings
Accounts receivable8.9197 Ratings00 Ratings
Cash management8.2180 Ratings00 Ratings
Bank reconciliation9.0203 Ratings00 Ratings
Expense management8.5187 Ratings00 Ratings
Time tracking7.083 Ratings00 Ratings
Fixed asset management8.083 Ratings00 Ratings
Multi-currency support7.037 Ratings00 Ratings
Multi-division support7.565 Ratings00 Ratings
Regulations compliance7.866 Ratings00 Ratings
Electronic tax filing8.3101 Ratings00 Ratings
Self-service portal7.5111 Ratings00 Ratings
Global Financial Support6.729 Ratings00 Ratings
Primary and Secondary Ledgers8.058 Ratings00 Ratings
Intercompany Accounting8.158 Ratings00 Ratings
Localizations7.743 Ratings00 Ratings
Journals and Reconciliations8.4127 Ratings00 Ratings
Enterprise Accounting6.948 Ratings00 Ratings
Configurable Accounting7.872 Ratings00 Ratings
Centralized Rules Framework7.647 Ratings00 Ratings
Standardized Processes8.791 Ratings00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
QuickBooks Online
6.9
76 Ratings
9% below category average
Veem
-
Ratings
Inventory tracking6.671 Ratings00 Ratings
Automatic reordering7.238 Ratings00 Ratings
Location management7.242 Ratings00 Ratings
Manufacturing module6.528 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
QuickBooks Online
7.7
129 Ratings
1% above category average
Veem
-
Ratings
Pricing7.979 Ratings00 Ratings
Order entry7.775 Ratings00 Ratings
Credit card processing8.297 Ratings00 Ratings
Cost of goods sold8.497 Ratings00 Ratings
Order Orchestration6.937 Ratings00 Ratings
End-to-end order visibility7.840 Ratings00 Ratings
Order exception Resolution7.033 Ratings00 Ratings
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QuickBooks OnlineVeem
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Score 7.3 out of 10
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Score 9.7 out of 10
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Zoho Books
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Score 9.7 out of 10
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Score 8.5 out of 10
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Score 8.7 out of 10
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User Ratings
QuickBooks OnlineVeem
Likelihood to Recommend
8.3
(231 ratings)
-
(0 ratings)
Likelihood to Renew
9.1
(27 ratings)
-
(0 ratings)
Usability
8.4
(146 ratings)
-
(0 ratings)
Availability
8.8
(6 ratings)
-
(0 ratings)
Performance
1.0
(5 ratings)
-
(0 ratings)
Support Rating
9.3
(70 ratings)
-
(0 ratings)
Implementation Rating
9.5
(7 ratings)
-
(0 ratings)
Configurability
1.0
(2 ratings)
-
(0 ratings)
Contract Terms and Pricing Model
5.0
(1 ratings)
-
(0 ratings)
Ease of integration
1.3
(2 ratings)
-
(0 ratings)
Product Scalability
2.0
(3 ratings)
-
(0 ratings)
Professional Services
5.0
(1 ratings)
-
(0 ratings)
Vendor post-sale
4.9
(3 ratings)
-
(0 ratings)
Vendor pre-sale
4.9
(3 ratings)
-
(0 ratings)
User Testimonials
QuickBooks OnlineVeem
Likelihood to Recommend
Intuit
I appreciate the ability to auto-generate invoices for recurring transactions, which saves time, as well as the option to set up auto-generated transactions. The report option is super helpful when reviewing information, as you can click to view the details in the report without having to go back and forth.
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Veem
No answers on this topic
Pros
Intuit
  • Workflows for accounts payable invoice review are terrific.
  • Bill payment allows you to pay vendors online via ACH or check without having to write a physical check, which reduces admin time.
  • The cloud based login lends well to a remote or hybrid work environment for staff.
  • QuickBooks Online allows you to pre-configure vendors' general ledger expense accounts. This helps with general ledger coding accuracy and consistency.
  • QuickBooks Online integrates with Rippling HRIS, Coast, Capital One, JPMorgan Chase, etc., which lends well to an efficient month-end closing and reduced administrative time.
Read full review
Veem
No answers on this topic
Cons
Intuit
  • The upsells have gotten worse over time and are on every screen in the most awkward positions. I don't need a constant reminder to upgrade, especially on a very old account that's paid thousands over the years.
  • The interface has never been especially intuitive, but I was an old Quicken user and it was somewhat familiar. Over time, it's gotten worse, and in the last 2 years, the program seems to move things more often than I would expect.
  • The software constantly adds features that I don't want and want to turn off, but the interface is so difficult to use that I find myself skipping it. Imagine seeing a message that the system recognized invoices that hadn't been paid so it prepared reminder notices for you that can be sent at the click of a button. Who thinks using canned reminders that you've never seen is a good thing?
  • A lot of functionality seems to derive from connecting your bank accounts to QBO. I don't want Intuit to have an always-on connection to any bank accounts, even checking.
Read full review
Veem
No answers on this topic
Likelihood to Renew
Intuit
It like the product 'right out of the box' and I trust Intuit will continually improve it over the years based on my experience with their desktop products. The large providers of Apps makes customizing the entire package relatively easy and seamless for a wide variety of business types.
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Veem
No answers on this topic
Usability
Intuit
I had very little trouble setting up the program and migrating from our old accounting system. The daily usage is also very intuitive and easy. Anytime we run into minor trouble with the program, there are always tons of help available on YouTube, so we don't even look up the online manual anymore.
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Veem
No answers on this topic
Reliability and Availability
Intuit
We have rarely had outages in the last 10 years. I can only recall 2 times in the last 10 years where we were not able to access our client files.
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Veem
No answers on this topic
Performance
Intuit
Everything process has its bugs lately with the new interface. Nothing has worked smoothly since this all began last month.
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Veem
No answers on this topic
Support Rating
Intuit
In my experience, most representatives keep me on the phone for hours, literally, for a single issue and then usually cannot resolve it satisfactorily. I have 10 open cases that need resolution and, in my experience, there has been NO follow-up communication on any of them.
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Veem
No answers on this topic
Implementation Rating
Intuit
The person in charge of QB needs to be very accurate with record keeping and is recommended to stay on top of tasks. The biggest issue we have is reconciliation, and those issues occur only when too much time has occurred between reconciliations
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Veem
No answers on this topic
Alternatives Considered
Intuit
As a freelance bookkeeper, the Desktop version of QuickBooks Online doesn't allow for ease of access from any device. Having to be on a computer with the software downloaded creates additional work to gain access to all required filings etc. Also, I personally find the linking functionality on the Online version to be much more streamlined and user friendly.
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Veem
No answers on this topic
Scalability
Intuit
As we have grown along our professional path, we have also expanded our use of QB. The scalability is easy and features seem to be waiting for you until you need them. We have increased profits by over 10x from our first year in business to the current and have yet to find a reason to look elsewhere
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Veem
No answers on this topic
Return on Investment
Intuit
  • QuickBooks has given us a useful portal by which to get an overview of our financials.
  • QuickBooks has given us a relatively easy way to send out invoices quickly and efficiently.
  • Due to the customization limitations on QuickBooks, we've had to get creative in third-party implementations to better represent our brand and to track financials.
Read full review
Veem
No answers on this topic
ScreenShots

QuickBooks Online Screenshots

Screenshot of the accounting and bank transactions interfaceScreenshot of an overview of the accounting inventoryScreenshot of book marksScreenshot of the business tax overviewScreenshot of the customer hubScreenshot of the dashboard