Best Finance Management Software for 2024

By Melanie Rankin | 10 min read

Whether you need finance management software for personal or business use, a high-quality finance tool can be the difference between an easy-breezy budget or a spreadsheet-induced headache. That said, everyone has different needs, and every tool offers nuanced capabilities, which means finding the best tool is an involved process—but completely worth it, for the right software.

Selecting the right finance management software, whether for personal or business use, can be the difference between an effortless financial overview and a jumbled mess of numbers. In our quest to bring clarity to this finance jungle, we've delved deep to curate a list that guides you through the top contenders in 2024. Below you’ll find tools for personal and professional use, payroll-forward, small-business-oriented, and more. Every tool is (in our opinion), excellent, but it’s up to you to weigh the costs and benefits for your specific needs. In addition, for those with data infrastructure such as warehouses or business intelligence tools, we list whether or not each software below is supported by Dataddo for data integration.

Here is our 2022 Financial Management Software shortlist:


Payroll Management Tools

Payroll management software automates many processes and handles all of your employee’s financial records from salaries, taxation, bonuses, etc.



Sage is primarily a financial accounting vendor focused on SMBs, although they supply software for enterprises as well. Though they serve many products under the Sage umbrella, their basic accounting software offers everything a simple business needs to manage their accounting - from Payroll and invoicing, to tax compliance and forecasting. One software to do it all.


  • Cloud-oriented
  • Intergrades a futuristic report-generating feature
  • Integrates with third-party applications
  • Versatile


  • Specialized knowledge requires outsourcing
  • Generally complicated

Pricing: The first three months are free, then pricing starts at £14(about $17)/month. Prices can rise to much higher levels with all available components included.

Dataddo Connector: YES



If you need any proof of Gusto’s impact, it was recognized by TechRadar editors as the most dependable payroll solution for small businesses in 2023, for starters. Gusto provides payroll, benefits, and workers' comp insurance to small businesses in the US.

The platform has specific and comprehensive features, including time-off management, contractor payments, automatic payroll tax processing, and visual org charts. It makes the most complicated parts of managing business finance straightforward, which is exactly what we'd expect from any financial management software claiming comprehensiveness.


  • Unlimited payroll
  • User friendly
  • Automatically synchronizes with payroll
  • Elite-level accuracy


  • No mobile app available (as of writing)
  • No geo-tracking

Pricing: Starts at $6 per month per person.

Dataddo Connector: YES



QuickBooks deserves some special recognition - they pioneered the use of windows that look like real paper forms. QuickBooks lets you manage payroll and employees in one platform that offers most features every business needs, such as overdue items, accounting notes, contact data, and more.


  • Easy setup & intuitive interface
  • Seamless integration with QuickBooks accounting software
  • Fast direct deposit options


  • Low-tier plan doesn't include tax filing
  • 1099 filing costs extra
  • Lower value for higher cost, overall

Pricing: $18-38/month, from low to advanced plan.

Dataddo Connector: YES



Xero is a cloud-based platform designed to help run accounts for small businesses. Currently, it has over 3.7 million users. Through Xero, you can access real-time financial data on multiple devices, which is especially advantageous if you run your own small business. Xero offers an ecosystem of over 1,000 third-party apps and 300+ connections to banks and other financial partners worldwide, making it a comprehensive tool that gives as much data to its clients as possible.


  • Auto-matching feature
  • Simple user interface
  • Allows multiple users at once
  • Intuitive invoice scanning


  • No payroll services
  • Difficult to delete bill credits

Pricing: Starts at $25 per month.

Dataddo Connector: YES


Budgeting Tools

Budgeting apps have become a popular way for young professionals to manage their finances. The most basic budget apps will connect to your financial accounts to track your spending and income, as well as provide basic future planning.


Personal Budgeting: Mint


If you’re looking for a simple tool for your own personal budgeting purposes, look no further. Mint is the most downloaded personal finance app available, with over 25 million users.

Mint’s ease of use and simple design makes it a favorite budgeting tool for many young professionals. Plus, the fact that it’s free makes it an accessible choice for anyone just getting started.


  • Notifications via email or text
  • Free
  • Credit score updates
  • User-friendly interface


  • In-app advertisements
  • App can lag, features aren’t synchronized

Pricing: Free

Dataddo Connector: No


Professional Budgeting: NetSuite

Offered by Oracle, NetSuite automates the budgeting process and centralizes your company's financial and operational data. The design allows easier budgeting, as well as forecasting future expenses, income, and more. This service can make even the most chaotic finances simple and transparent.


  • Lets you to give input on the features that you feel will be an advantage for you
  • Active support team available
  • Highly customizable


  • Steep learning curve
  • Expensive, considering it targets small businesses

Pricing: Starts at $799/month

Dataddo Connector: Yes

Connecting Financial Management with Business Intelligence

Though some financial softwares offer in-software analysis of your financial data, most will be limited in scope and capability. Integrating your financial management tool with a Business Intelligence dashboard gives you full control over the numbers you need to understand what is and isn’t working in your accounting (tip: Google Data Studio is both high-powered and completely free).

A data integration tool such as Dataddo is the easiest way to connect your data from accounting to BI dashboard, ensuring that your data is transferred cleanly and automatically. Integration takes only a few clicks and supports all major BI dashboards. Dataddo offers connectors for many financial accounting softwares (including most of those mentioned above). However, if you find yourself using a more niche application, Dataddo can quickly and easily create the connection for whatever financial management software you need.


See how Dataddo can help your business

Just a few quick steps to get your data to your dashboard for better analysis, without the hassle.

Start for Free

This article was originally published in September 2021 and has been updated for comprehensiveness and freshness.

Category: Tools, tips-tricks