TrulySmall Accounting
3.5
5
TrulySmall Accounting is a SaaS application that automates bookkeeping tasks for small business owners. It uses machine learning to categorize and reconcile expenses with bank and credit card transactions, and provides real-time reports. It also includes OCR and receipt-matching, smart invoicing, multi-currency support, and allows for multiple users and user roles. The platform provides everything a small business owner needs to run their business.
Strengths
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Affordable
Low cost compared to competitors
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User-friendly
Easy to use interface
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Cloud-based
Accessible from anywhere with internet connection
Weaknesses
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Limited features
Not as comprehensive as other accounting software
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No mobile app
Only accessible through web browser
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No payroll integration
Requires manual entry of payroll data
Opportunities
- Targeting small businesses with limited accounting needs
- Opportunity to partner with other software providers
- Potential to expand into global markets
Threats
- Competing with established accounting software providers
- Decreased demand for accounting software during economic recession
- Data breaches or hacking incidents could damage reputation
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TrulySmall Accounting Plan
TrulySmall Accounting offers a monthly subscription plan starting at $12/month with unlimited transactions and access to all features.
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