Best Accounting Software for Large Business in 2025

Accounting software for large businesses is a key asset for enterprises wanting to automate accounting processes to reduce costs and increase productivity. However, choosing the right programs to use for your operation can be daunting since there are several factors to consider. If you want to know the leading software in accounting, read the ranking of the top 10 accounting tools below. You’ll discover their best features, compare, and then decide which one fits your needs best.

Accounting software helps a business track money flow for internal and external auditing. It includes general ledgers, accounts payable and accounts receivable, purchase orders, stock management, and billing. Our review of accounting software for large businesses highlights the wide range of capabilities tailored to large companies. Choosing the best accounting software can either help or hinder your financial operations, so you need to go through a list of basic requirements and expectations and compare several packages to match. The current leading enterprise accounting software includes FreshBooks, NetSuite ERP, Approve.com, AvidXchange, Rossum, A2X, Payment Rails, and DocuPhase.

• Large enterprise – you will need more robust accounting modules. Instead of a core accounting module with budgeting and forecasting or fixed asset features, get full but integrated ones. Standalone modules can consolidate data from multiple departments so you can get an overall picture. Vendors often quote prices based on large enterprise processes, so you can present your needs, and they will help you with the package inclusions. If you need some ideas, check out our list of best accounting software for large sized business.
• Verticals for specific industries – certain businesses would require a specific accounting software feature. Engineering and construction firms, for instance, need something that can help them break down costs by project or other categories. Companies that create software must also have features that correspond to product launch phases. The same is true for non-profits and fundraising organizations. If your company has a particular need, look for specific enterprise accounting software that will fit that need.

• FreshBooks: It automates billing and time tracking and improves the professional branding of financial documents by changing the design, colors, and logo. 
• NetSuite ERP: A scalable cloud ERP platform that automates inventory, billing, order, fixed asset, revenue, and financial management. Among its features are general ledger, cash management, fixed asset management, and tax management.
• Approve.com: A procurement management software that helps businesses control and monitor their spending. It streamlines approval processes and makes data-driven decisions to improve operations.
• AvidXchange: A full-service invoice management and payment system that automates the bills payment process.
• Rossum: An all-in-one document management solution that can save time by consolidating documents from multiple sources into an intelligent inbox and allows for the removal of duplicates.

Accounting software optimizes your business in various ways, depending on your industry type and your needs. Define your category and look at the bigger picture before investing in enterprise accounting software.

• Payroll Software. Accountants and report writers use payroll software, which is usually simple to use and understand. The main feature is multi-user cash flow calculators that are far more industry-specific than other accounting products.
• Enterprise Resource Management Software (ERP). Points of sale, inventory control, billing, purchasing, and customer relationship management are all included in ERP suites. They can also be sector-specific, as in construction and manufacturing.
• Freemium Software. Although not suitable for large companies, freemiums can be a good way to shortlist products before moving to a free trial stage. At the least, freemiums give you a first impression of the UI.

• Core accounting – This is the core module of all accounting software. It includes general ledger, payables, receivables, fixed assets, and bank reconciliation. Most vendors offer this in the basic plan, while others offer it as a freemium.
• Billing & Invoicing – This module can be a sub-module or a standalone component. It automates routine collection. Note that payout methods, industry standards and practices, and scale of operations vary by industry.
• Budget & Forecasting – This add-on module lets you forecast next year’s budget using historical data and sales projections. A standalone module can combine multiple departmental budgets and forecasts into a single company estimate, whereas a bundled feature usually only allows one.
• Fixed asset – This is available as an add-on or integrated with core accounting to calculate depreciation, audit history, and cost. This module is vital if the company has many assets in various forms. An asset bundle may be sufficient.
• Payroll system – This module creates legal and tax reports on time and processes employee payrolls. It is frequently sold as a separate item. A practical feature to consider is an automated reminder for government payments.
• Project accounting – This module is usually sold as a stand-alone product to businesses like construction and software firms. Costing and estimation of overheads, labor, materials, and equipment are usually included with core accounting. Project accounting systems range from simple single-project management systems to complex multi-project management systems.
• Fund accounting – Targeted at nonprofits and government agencies that have unique financial reporting requirements. It tracks donation expenditures, grant management, and GASB regulations.
• Inventory management– This module allows you to manage product movement to avoid overstocking. It tracks orders, sales, and deliveries. More specific inventory systems can calculate stock depreciation if your company sells low-shelf-life products

The need to cut costs and improve productivity drives the automation of finance and accounting processes, which rely on a transparent financial picture to reveal trends and opportunities. The following are some of the most significant advantages and benefits of accounting software:

• Improved productivity. A proper A&F program’s role is to delve deeply into a business’ daily routine and take over complex processes that take hours to complete. It collects, organizes, and analyzes data for you, allowing you to focus on more important tasks in the meantime.
• Savings. A&F products are designed to integrate into your existing financial framework, so you do not have to worry about adjusting them to standards and revenue frameworks. When you think about it, having an A&F system that integrates multiple data operations on a single platform is more cost-effective than running multiple systems and manually transferring data.
• Resource Transparency. The strength of A&F systems is that they make finance management simple, and they are typically packed with explanations and simple interfaces for non-accountants. This means you need not train employees to use them, and everyone in the company will be aware of your financial capacity even if you do not explain it.
• Automatic Production of Documents. In addition to wrapping data into comprehensive views, an A&F system can generate reports based on it. Invoices and credit notes will be generated automatically, eliminating the possibility of human error.
• Smarter Strategies. Remember that your goal is to use your current financial situation to develop smarter strategies for the future, not just to have bills paid at the end of the month. Because A&F systems are fast enough to meet the needs of the expanding financial markets, they will allow you to forecast possible scenarios and track trends.

Technology has many tales. Even in the midst of the COVID-19 health crisis, it continues to reshape industries and businesses. It automates manual tasks in systems and processes, and businesses benefit consequently, especially with accounting software for large business. This is where current accounting trends are focused.

• Accounting automation. An ACCA study showed that over 50% of C-level accounting executives expect automated accounting systems, impacting several industries soon. Accountants can use data and optimize processes to make data-driven decisions faster than ever.
• The continuous growth of the accounting software market. Fortune Business Insights reports that the accounting software market will grow faster in the coming years, with a high global demand for them to manage spreadsheets and tax management. The market could grow at a CAGR of 6% from 2020 to 2024, with North America leading the growth. 
• Increasing outsourcing. The increase in outsourcing of accounting fast, especially in BPOs. CPA firms are, thus, able to deliver efficient services to clients, analyze business operations, and add value to their businesses. 
• Cloud-based accounting’s sustained popularity. Over half of Sage’s surveyed accountants use cloud-based solutions for project management and client communication, and about 67% believe cloud technology can help them, 
• Data Analytics Focus. Data analytics is not new, but it has become more powerful, presenting financial performance in new ways for better actionable insights. Big accounting firms use it for tax, consulting, risk management, audit, and to support industry-specific needs.

• Migration from legacy systems – A legacy system is an outdated system, technology, or software application that’s still being used by organizations because it still works. Despite being no longer supported with limited growth, they cannot be easily replaced. Replacement and migration are difficult, time-consuming, and costly, to the organization’s detriment for failing to leverage SaaS accounting.
• Cross-border accounting and tax regulations – Businesses often want to expand globally, but this comes with risks. At the very least, businesses expanding into new markets should expect increased administrative and tax compliance costs in the investment country. Accounting software hardly aligns with foreign tax regulations. 
• Network control  – The issue in network control is married to data security and data theft. Most large businesses have computers that communicate via a network, so users can connect to other users and access files or services, confidential accounting information possibly included.

Accounting software can be deployed in three ways: on-premise, cloud-based, and hybrid. Each has advantages and disadvantages. So, you must carefully consider which one is best for your company and culture.

On-Premise. The software must be installed on your office computer. The best pro is that you can work offline, while the biggest con is security and hardware loss. Also, this type of software lacks collaboration functions. Their use may be limited to the next major upgrade.

Cloud-based. Cloud-based accounting software allows you to view your data from any device, at any time. This also does not require expensive powerful hardware. You employ the software provider’s computing power instead. Collaboration is made easier as a result. The downside, however, is you cannot access your data without an internet connection, and your data’s security or privacy could be compromised.

Hybrid. Some accounting software has both an on-premise and internet client. This combines the best of both worlds. You can work offline and safely store your data online. You can also work with other people here. But this form of deployment may be pricey.

Cost is an important factor to consider when selecting accounting software. You cannot overspend on an advanced accounting platform that will streamline your accounting but break the bank. Payment options vary between software providers. A few of the most common payment plans for the best:

One-Time. Some software vendors give you access to their products for a one-time fee. Prices are usually based on user licensing. Some companies give lifetime upgrades. Others retire customer support and product features with new releases. Prevent these kinks when you initially sign up. 

Monthly Subscription. This is a popular SaaS payment method. It is ideal for new software users who want to conveniently opt out of the service for any reason. However, it is frequently more expensive in total. 

Yearly Subscription. This payment plan allows you to pay for a year of cloud-based accounting software. It is often cheaper than monthly plans. However, opting out is more difficult.

For large enterprises, it would be ideal to consult vendors to present your needs and then start with a monthly subscription if you want to explore the features first. If you think you’ve found the best accounting software for a large sized business like yours, then you can move on to a yearly subscription.