Square Invoices vs. TallyPrime

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Square Invoices
Score 9.2 out of 10
N/A
Square Invoices is a software invoicing solution from Square headquartered in San Francisco, California.N/A
TallyPrime
Score 8.0 out of 10
N/A
TallyPrime is a business management software solution focusing on accounting and invoicing functionality, designed with flexibility to suit different purchase and sales processes, followed by the business. Users can share invoices, orders and more via WhatsApp directly from TallyPrime.
$855
one-time fee
Pricing
Square InvoicesTallyPrime
Editions & Modules
No answers on this topic
Silver
$855
one-time fee
Gold
$2,565
one-time fee
Offerings
Pricing Offerings
Square InvoicesTallyPrime
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsUsers can also rent the product for 3, 6 or. 12 month durations at a slightly higher rate.
More Pricing Information
Community Pulse
Square InvoicesTallyPrime
Features
Square InvoicesTallyPrime
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Square Invoices
-
Ratings
TallyPrime
9.6
1 Ratings
24% above category average
Pay calculation00 Ratings10.01 Ratings
Benefit plan administration00 Ratings9.01 Ratings
Direct deposit files00 Ratings9.01 Ratings
Salary revision and increment management00 Ratings10.01 Ratings
Reimbursement management00 Ratings10.01 Ratings
Customization
Comparison of Customization features of Product A and Product B
Square Invoices
-
Ratings
TallyPrime
10.0
1 Ratings
26% above category average
API for custom integration00 Ratings10.01 Ratings
Plug-ins00 Ratings10.01 Ratings
Security
Comparison of Security features of Product A and Product B
Square Invoices
-
Ratings
TallyPrime
10.0
1 Ratings
20% above category average
Single sign-on capability00 Ratings10.01 Ratings
Role-based user permissions00 Ratings10.01 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Square Invoices
-
Ratings
TallyPrime
10.0
1 Ratings
24% above category average
Dashboards00 Ratings10.01 Ratings
Standard reports00 Ratings10.01 Ratings
Custom reports00 Ratings10.01 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Square Invoices
-
Ratings
TallyPrime
8.9
1 Ratings
16% above category average
Accounts payable00 Ratings9.01 Ratings
Accounts receivable00 Ratings10.01 Ratings
Cash management00 Ratings10.01 Ratings
Bank reconciliation00 Ratings8.01 Ratings
Expense management00 Ratings10.01 Ratings
Time tracking00 Ratings7.01 Ratings
Fixed asset management00 Ratings9.01 Ratings
Multi-currency support00 Ratings8.01 Ratings
Multi-division support00 Ratings9.01 Ratings
Regulations compliance00 Ratings7.01 Ratings
Electronic tax filing00 Ratings8.01 Ratings
Self-service portal00 Ratings9.01 Ratings
Global Financial Support00 Ratings10.01 Ratings
Primary and Secondary Ledgers00 Ratings10.01 Ratings
Intercompany Accounting00 Ratings7.01 Ratings
Localizations00 Ratings9.01 Ratings
Journals and Reconciliations00 Ratings10.01 Ratings
Enterprise Accounting00 Ratings10.01 Ratings
Standardized Processes00 Ratings10.01 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Square Invoices
-
Ratings
TallyPrime
10.0
1 Ratings
28% above category average
Inventory tracking00 Ratings10.01 Ratings
Location management00 Ratings10.01 Ratings
Best Alternatives
Square InvoicesTallyPrime
Small Businesses
Method:CRM
Method:CRM
Score 9.4 out of 10
QuickBooks Self-Employed (discontinued)
QuickBooks Self-Employed (discontinued)
Score 7.3 out of 10
Medium-sized Companies
TimeCamp
TimeCamp
Score 7.0 out of 10
Zoho Books
Zoho Books
Score 9.1 out of 10
Enterprises
TimeCamp
TimeCamp
Score 7.0 out of 10
SAP S/4HANA Cloud
SAP S/4HANA Cloud
Score 8.5 out of 10
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User Ratings
Square InvoicesTallyPrime
Likelihood to Recommend
9.1
(7 ratings)
9.9
(2 ratings)
Usability
-
(0 ratings)
9.0
(1 ratings)
Support Rating
9.7
(2 ratings)
-
(0 ratings)
User Testimonials
Square InvoicesTallyPrime
Likelihood to Recommend
Block, Inc (Square)
Square Invoices is the best service that I have found for what it does: it's easy to use, nice to look at, and never seems to go to spam or be lost by clients. Clients mention that the setup is easier than services my competitors use. You can even attach your contract to the invoice, which is wonderful in case there are questions later on. Unfortunately, not being able to have clients alter quantities or select add-ons means for half of my services, I have to use a different, inferior service.
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Tally Solutions Pvt Ltd
When talking about the best, It suits best for accounting the day to day transaction along with reporting the summary of transaction in comparison with other accounting software like Zoho Books for instance, which we used earlier for accounting transactions. I feel TallyPrime is the leader in the industry. Regarding the less appropirate scenarios are its User interface. which needs to be carved further in future, recommended to come up with a Customized Theming option as users generally feel not so comfortable with the same colors every time. Change is generally expected to include customized vibrant colors. I'm curios watch the developments in future.
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Pros
Block, Inc (Square)
  • Adding a customer to invoice is super simple and takes minimal effort.
  • Payment collection is easy and seamless because Square Invoices allows the recipient to pay using credit/cards.
  • One of the fest features is allowing invoices to be recurring. If my contract stipulates a flat fee monthly, I can set the invoices to recur monthly for the duration of the contract.
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Tally Solutions Pvt Ltd
  • TallyPrime simplifies tax management by automatically calculating various taxes, such as GST, based on transaction data.
  • TallyPrime's payroll module handles complex payroll calculations effortlessly
  • It offers user-level access control and encryption, ensuring that sensitive financial data is protected
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Cons
Block, Inc (Square)
  • The reports section is not always the easiest to understand. It seems like I have to stop and think about options instead of it being 100% intuitive.
  • With the fees we pay per transaction, it would be nice to be able to add additional "limited" users for no extra cost.
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Tally Solutions Pvt Ltd
  • TDL related automation is something that I'm very curious and TallyPrime should invest time to develop it and provide Knowledge training on it.
  • I feel the necessity to introduce the TallyPrime software access in a handheld device access or via web such that on the go transaction can be made noted in TallyPrime without resorting to Desktop environment
  • The UI should also be changed currently, whenever I sit, I use keyboard like a typewriter and that aesthetic must be modified with a feature
  • The theming feature should be introduced in the TallyPrime, earlier, in TallyERP 9, we have green color screen with some shades of green and now that they have changed that to some blue with bluish shade, I'm curious to have customized colors.
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Usability
Block, Inc (Square)
No answers on this topic
Tally Solutions Pvt Ltd
I use it regularly, so I feel it as best apart from the User Interface. For recording general day to day transactions, it is apt and to go far beyond given features and for customization, there is a need for the Tally expert to assess the business requirement, So I feel the rating is apt in this judgement.
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Support Rating
Block, Inc (Square)
The only time I had a problem was a false chargeback from a client. Square Invoices referenced our contract and ruled in my favor, and they did so in a timely manner. I sent them the contract and my email history with the client, and they quickly unfroze the amount of money.
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Tally Solutions Pvt Ltd
No answers on this topic
Alternatives Considered
Block, Inc (Square)
Square Invoices is easier to use and automatically transfers your money to your bank account vs Paypal that holds your money and you have to manually transfer and it takes 3-5 days (many times more). Square Invoices looks better overall, and for the same fees as Paypal, provides a better service overall.
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Tally Solutions Pvt Ltd
TallyPrime often appeals to small to medium-sized businesses due to its affordability. Its strength in inventory management and tax compliance may make it a top choice for retail or business clients in regions with complex tax regulations. Real saviour when it comes to companies with production and inventory management. Thank you Team for the software.
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Return on Investment
Block, Inc (Square)
  • I love that I can sort my invoices in total, or by a specific time period to see how my sales are doing and comparing to prior time periods.
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Tally Solutions Pvt Ltd
  • Significantly streamlined our financial operations.
  • Accounting, Inventory Management, and Tax Compliance are invaluable.
  • Real-time reporting provides crucial insights for decision-making
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ScreenShots