In this article we’re going to take a look at the best project management software for accountants.
Around 46% of accountants believe that project management is the most critical skill for future accountants.
However, only 35% of project managers are happy with the technology they currently use.
And, according to our own data…
So, that’s a lot of reasons why you should consider project management software! Now, let’s take a look at 11 of the best tools for accountants…
1. Project.co
Yes, we’re promoting our own project management software first – guilty as charged!
BUT…
It’s only because we’ve put a lot of effort into making it the EASIEST project management tool to use – for both you and your clients.
Project.co allows you to manage everything in one centralised place. Your tasks, your files, payments, and conversations. You can find everything within your project dashboard, so you’ll never lose an important document or client message again.
Plus, with our 3rd party embeds tool, you can embed anything directly to your project. All you need is the URL. This means, regardless of what other software tools you use to manage your accounting business, you can keep everything together with Project.co.
How much does Project.co cost?
Project.co is free forever for up to 3 team members, 10 clients, and 10 active projects. For those requiring more (plus access to the platform’s most powerful features), it’s just $10 per user seat/month or $99 annually.
Pros and cons of Project.co
2. Financial Cents
Financial Cents (as the pun-rific name suggests!) is a project management tool for accountants. The software has been designed to allow accountants to track client work, streamline their accounting processes, and improve organisational efficiency across their company.
Key features of Financial Cents include automated client requests (saving accountants around 10 hours a week), time tracking, invoicing, capacity management, and ReCats, which is their tool for managing uncategorised transactions.
How much does Financial Cents cost?
Financial Cents has two plans on offer. The Team Plan is $49 per user seat/month and the Scale Plan is $69 per user seat/month. There’s also the option to add ReCats onto either plan for an additional $4 per month.
Pros and cons of Financial Cents
3. Wrike
Wrike is a powerful project management software that can be utilised by teams in all industries, including accountancy. Wrike helps accountants to improve processes, streamline workflows, and ultimately increase control over their financial projects so that they can deliver the results their clients want.
The software has tons of features, everything from custom workflows, collaboration tools, time tracking, and document management. Plus, Wrike can integrate with various accounting tools like Quickbooks and Xero.
How much does Wrike cost?
Wrike has 5 plans to choose from! There’s the free plan, the Team plan for $9.80 per user seat/month, the Business plan for $24.80 per user seat/month, and then there’s Enterprise and Pinnacle – there’s no price available online for those. Enterprise is for large teams (with more than 200 users) and Pinnacle is for teams with complex needs.
Pros and cons of Wrike
4. Basecamp
Basecamp is an extremely popular project management tool, with over 75,000 organisations in 166 countries using the software. While it’s not specific to accounting, it can still be used by accountants for all of their project management needs.
Within Basecamp, each project lives on a single page so you can easily find the information you need. The interface is intuitive and user-friendly, making it easy to track project progress, stay organised, and maintain clear communication with your clients and internal teams.
The tool also has some more unusual claims to fame that we haven’t seen from other project management tools, like 99.99% historical uptime, zero debt, and ‘famously great customer service’.
How much does Basecamp cost?
Basecamp has two simple plans on offer. The first is for freelancers and smaller teams, costing $15 per user/month. The second is for growing businesses and larger companies and costs $349 per month.
Pros and cons of Basecamp
5. Jetpack Workflow
Jetpack Workflow is a specialised project management software designed specifically for accounting professionals. It helps accounting firms manage client workflows, track project progress, and streamline daily operations. With its focus on accounting-specific needs, Jetpack Workflow aims to help accountants enhance productivity, improve client communication, and ensure tasks are completed on time.
Jetpack Workflow makes some pretty bold claims on their website including 4+ hours of direct supervision time saved each week and 5%+ increase in firm profit (by utilising workflows).
How much does Jetpack Workflow cost?
Jetpack Workflow has one plan that can be paid either monthly or annually. Starter Monthly costs $45 and Starter Annually works out to be $30 per month. Both prices are per user and the plan offers access to unlimited projects, clients, templates, and more.
Pros and cons of Jetpack Workflow
6. Accelo
Accelo is an all-in-one business management software for service-based businesses. Some of the industries Accelo serves are consulting, engineering, and of course, accounting.
The software is quite all-encompassing, offering client relationship management, workflow management, and project management.
As an accountant, you can use Accelo to gain true visibility over your entire client journey, keep track of time and billing, and automate your repetitive tasks.
Accelo also integrates with many other software tools, like Salesforce, PayPal, and Zapier, so you can improve the efficiency of your accounting business.
How much does Accelo cost?
Accelo doesn’t publicly state the price of their software online. However, we can confirm that there are four plans available: Professional, Business, Advanced, and Elite. You’ll have to contact Accelo for a direct quote.
Pros and cons of Accelo
7. Trello
Trello is a popular project management tool that’s mainly used for team collaboration and personal productivity. It can be used by teams in all industries, including accountants, and primarily revolves around kanban boards to manage tasks and projects.
Accountants can use Trello to visually organise tasks, automate workflows, and collaborate with team members. However, collaboration with clients isn’t really what it’s best for.
Trello doesn’t have a huge set of features but there’s a lot of integrations (called ‘power-ups’) that can be added to cover your team’s needs.
How much does Trello cost?
Trello offers users 4 plans to choose from: Free, Standard ($6 per user/month), Premium ($12.50 per user/month), and Enterprise ($17.50 per user/month).
Pros and cons of Trello
8. Monday
Monday.com is a work OS (operating system) that helps teams to manage their projects. It’s not specifically for accountants, but pretty much any type of business can use Monday to plan, manage and track workplace tasks.
One of the things Monday is really great for is making customisable dashboards that allow you to visualise your progress and keep up to date on your most important data points. Dashboards can be customised with over 50 available widgets (no code required).
Like Trello, Monday wasn’t really built for real-time client collaboration. There are ways around it (like integrating with Slack) but if this is important to you then a different project management software might be the better option.
How much does Monday cost?
Monday has 5 plans available. It’s free forever for up to 2 users. The next tier is Basic, which is £11 per user seat/month, followed by Standard which is £13 per user seat/month, and Pro which is £21 per user seat/month. The final plan is Enterprise but users will need to get in touch with Monday directly for a quote on that.
Pros and cons of Monday
9. Sage Intacct
Sage Intacct is a robust cloud-based financial management and accounting software designed for growing businesses and accounting firms.
With its focus on automation and integration, Sage Intacct helps accountants streamline financial processes, improve accuracy, and gain deeper insights into their business finances.
The software provides comprehensive financial solutions, including core accounting, project management, and advanced reporting capabilities.
How much does Sage Intacct cost?
Unfortunately, there’s no pricing information available on their website. Users are required to get in touch for a quote.
Pros and cons of Sage Intacct
10. Asana
Asana is a work management platform that brings project management tools together so teams can organise, track, and manage their work in one place.
It’s not specific to accounting, but accountants can effectively use Asana to manage tasks, deadlines, and client projects. It’s also useful for team collaboration and has some powerful reporting features.
How much does Asana cost?
Asana has 5 plans to choose from. There’s Personal, their free forever plan. The Starter plan is £11.59 per user/month and the Advanced plan is £25.69 per user/month. After that, it jumps up to Enterprise and Enterprise+, both of which require a direct quote from their sales team.
Pros and cons of Asana
11. ClickUp
ClickUp is an all-in-one project management and productivity tool with a wide range of features. Accountants can use ClickUp to manage their client projects, track deadlines, and create customisable workflows (among many other things!).
ClickUp integrates with popular accounting software, like QuickBooks and Xero, plus it has impressive reporting capabilities on offer. However, some users could find the enormity of ClickUp to be a little overwhelming.
How much does ClickUp cost?
ClickUp has 4 plans on offer. There’s a free plan which is best for personal use. Then there’s Starter for small teams ($7 per user/month), Business for mid-sized teams ($12 per user/month), and Enterpise which is best for large teams – users need to contact ClickUp directly for a quote on that.
Pros and cons of ClickUp
Final thoughts
Project management is important. The good news is, there’s no shortage of project management tools to choose from!
Not sure where to begin?
Start with us! It’s free to open up to 10 active projects on Project.co, so you can take the software for a test drive and see how you’d use it in your accounting firm before making a commitment.
We promise it’s easy to use, your team and clients will love it, and we have the best customer service around.
