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Top 5 international accounting software businesses should know (2025)

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In the context of Vietnamese enterprises increasingly integrating and expanding global business, choosing an international accounting software can help manage finances effectively, transparently and optimize resources. 

This article will introduce the world's top 5 accounting software - QuickBooks, Xero and Zoho Books, Sage, Netsuite - along with their features, benefits and why these are useful tools for Vietnamese businesses.

1. Criteria for choosing international standard accounting software, quality of GLA

Based on report from Sage (2020) The Practice of Now, the criteria for choosing effective accounting software show prerequisites such as automation, online working capabilities, and employee training support. 

Additionally, emerging trends such as data protection, artificial intelligence (AI) integration, and online collaboration are important factors to consider in today's accounting technology industry.

As a partner of many international businesses and QuickBooks Proadvisors, GLA has surveyed and selected suitable accounting software for businesses that need optimal solutions, financial management support and flexible response to international business needs. 

Below are the top criteria that GLA recommends when choosing accounting software.

  1. Ability to automate and build business processes.
  2. Supports online teamwork and collaboration.
  3.  Ability to analyze and manage finances accurately.
  4. Secure customer information and company data.
  5. Custom support and ease of use.
  6. Integrating AI in financial analysis and management.

With the above selection criteria, GLA has compiled a list of the top 5 most popular accounting software today, fully meeting the needs of small and medium-sized enterprises, up to global corporations.

2. Top 5 international accounting software

2.1. QuicBooks Online

Quick Books Online is one of the leading accounting software, trusted by nearly 8 million global users.

This software is especially suitable for international businesses, companies that need IFRS standard financial reports and is optimized for businesses that need to operate abroad.

Advantages  Disadvantages
  • Friendly interface, easy to use, even for users who are not specialized in accounting.
  • Supports automation features such as creating and sending invoices, managing ledgers, helping to optimize accounting processes.
  • 100% online data storage and access, suitable for multinational enterprises.
  • Integrates well with many other applications and offers support services from partners like GLA.
  • Good support for companies with many branches and subsidiaries.
  • Need to upgrade version to expand number of users.
  • Reasonable cost for small and medium businesses, especially if registered through a partner.

2.2. Zoho Books

Zoho Books is a feature-rich accounting solution for small and medium-sized businesses. It offers powerful tools that help businesses easily manage invoices, ledgers, and track finances effectively.

Advantages  Disadvantages
  • Provides powerful financial management, invoicing, and cost control features.
  • Integrates with apps in the Zoho ecosystem, from CRM to project management, making it easy for businesses to sync data.
  • Cloud storage, easy to access from anywhere and allows for collaborative work.
  • Limited customer support for basic plan.
  • Lacks in-depth financial reporting features compared to more advanced software.

2.3.Xero

Xero is an accounting software from Australia, suitable for small businesses, helping to handle basic accounting tasks such as accounting, inventory management, and payroll.

Advantages  Disadvantages
  • Simple, intuitive interface, easy to use even for non-professionals.
  • Supports integration with Gusto payroll management app and advanced inventory management tools.
  • Data is stored in the cloud, allowing flexible access.
  • Good support for companies with many branches and subsidiaries.
  • Customer support is limited and some financial reporting features are limited.
  • Reasonable cost but only suitable for small businesses.

2.4. FreshBooks

FreshBooks stands out with its customizable invoice and financial tracking features, making it an ideal choice for small businesses and freelancers who need flexibility.

Advantages  Disadvantages
  • Beautiful, user-friendly interface, with detailed invoice creation and expense tracking features.
  • Cloud data storage and integration with many third-party applications.
  • Financial and spending management apps have many limitations.
  • No training support available.
  • Does not support good data management.

2.5. Netsuite

Netsuite is specialized ERP software for large enterprises with high management requirements, including complex process automation features.

Advantages  Disadvantages
  • Remote access, comprehensive management from warehouse, finance to other business operations.
  • Ensure compliance with financial regulations and tax reporting.
  • Provides many compliance features such as tax reporting deadline reminders, financial reporting.
  • Cloud data and integrates well with other applications in the Netsuite ecosystem.
  • High cost, requires technical knowledge to manage and operate.
  • Only suitable for large businesses and corporations.

2.6. Wise

Sage offers simple and easy-to-use features, making it perfect for businesses and freelancers.

Advantages  Disadvantages
  • Supports invoice creation, payment tracking and bank reconciliation.
  • Reasonable usage fees for small businesses.
  • Easy to install, access.
  • Lacks advanced features for tax management and financial reporting.
  • Not fixed, depending on the needs of the business.

3. How does GLA support businesses using QuickBooks Online accounting software?

GLA, as an official QuickBooks Online partner in Asia Pacific, will support Businesses to:

  • Advice on choosing a version QuikcBooks Online Accounting Software Optimize the accounting process of the Enterprise;
  • Provide licenses, installation instructions and feature customization at reasonable costs;
  • Provide in-depth, easy-to-understand training courses (online and offline) with prestigious certificates;
  • Support throughout the usage process, answer customer questions;
  • Support working directly with QuickBooks to resolve issues.

4. Frequently asked questions about top foreign accounting software

1. Does Xero integrate with banking apps in Vietnam?

Xero mainly integrates with international banks, however businesses can use connectivity solutions to automatically import data from bank accounts in Vietnam.

Icon gla element Highlights
  • The best and most comprehensive accounting software today, supporting the needs of domestic and international businesses, small and medium-sized businesses: QuickBooks Online and higher versions.
  • The best accounting software for large businesses, multi-branch companies, large corporations: NetSuite.
  • Software that supports business operations well with a comprehensive ecosystem: Zoho Books.
  • Good support software for international small and medium businesses: QuickBooks, Xero.

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