Reckon Accounting Software Review: The Good and Not So Good

One of the biggest challenges for an entrepreneur, freelancer or small business owner is growing his or her business. Whether you’re a restaurateur, travel blogger or a tech innovator, scaling up is the only way to go. It can help you and your business reach new markets as well as new financial heights. As your business grows and your accounting needs become more complex, a good accounting software can be a lifesaver. Reckon offers a low-cost alternative some of the most popular options, while maintaining ease of use and functionality. In this Reckon accounting software review, we break down who would benefit the most from Reckon.

Reckon One, developed by Reckon, is a cloud accounting software that promises a viable solution. Known for its ease of use and competitive pricing, the platform has its own set of advantages and disadvantages compared to other accounting platforms like Xero, MYOB, and QuickBooks.

In this review, we will look at how Reckon One performs in terms of pricing, features, functionality, and many others.

Ease-of-Use and Design

Reckon One is uniquely designed to be simple. They make sure that only the functions needed for easier accounting are visible. Hence, you won’t have to scramble around to see how many bills you need to pay or how many invoices are overdue. You can, if you have linked your accounts, see bank balances and track them over past months.

The customisable, refreshing dashboard offers a powerful yet sophisticated feel compared to its rivals. It's a personalised experience that includes the KPIs relevant to one’s business and a real-time overview of their finances. If you try the free trial package and have no prior experience in any accounting software, you'll still find Reckon One very comprehensive and easy to use.

Its modern interface design enables a seamless user experience for superior workflows, without the unnecessary accounting clutter. On top of the personalisation options, the software uses a simple language and has lots of tools to increase productivity.

Because they're one of the latest to market, their interface design is fresh. This especially true when you compare with other competitors that are working on old user interfaces. The downside of being a newcomer is that old competitors have already established their authority in the industry. They can leverage the depth of their experience in creating value.

Functionality

Reckon One has powerful functionality, making difficult accounting tasks seem easy.

Following through a mix-and-match approach, Reckon One aces the demand for a personalised experience in the digital era. It allows users to only see the functions they want to use on a regular basis. Its straightforward navigation avoids confusion on the features that users only need to see.

Until recently, Reckon One did not offer a payroll module. This is partly because of how complicated payroll is in Australia. Now, they offer an integrated accounting solution or a payroll-only solution.

If you want personalised support with Reckon, our experienced and certified Reckon bookkeepers can help. Give us a call at 1300 728 875 or fill out a contact form to get started.

Affordability

Reckon One’s pricing scheme is very competitive, which means big savings for small businesses. Reckon's low cost is one of its major selling points. 

Reckon One also offers a 30-day free trial and 24/7 unlimited customer support. This includes direct call availability, callback service, email support, and a 24/7 online community.

To get the most up-to-date pricing info for Reckon products, check out the pricing page on their website

Security and Backups

Since all of Reckon One’s data is locally hosted, it provides relief to customers who are not comfortable with offshore hosting. And given the rise of cyber attacks in the past few years, Reckon One is one step ahead of its competitors whose data are hosted offshore.

Reckon One uses highly secured SSL encryption and Amazon Web Services for security, hosting and storage. It also provides automatic and secure backups.

To get the latest info on their security measures, check out the security page on the Reckon website

Reckon Accounting Software Review: Conclusion

For individuals and small and medium businesses looking for flexibility and affordability in accounting software, Reckon One surely offers a great deal. And its best selling points are user control and competitive pricing.

Reckon One marks the birth of a new breed of radically smarter online accounting software, delighting customers with a more personal, productive and pleasurable experience. It may be just new in the market, but if you’re a small business used to spreadsheets, Reckon One could be the best first deal to step into the cloud.

Before choosing the accounting software for your business needs, it’s important to consider:

  • Your industry
  • Your product or service
  • Your business model
  • Your level of software knowledge
  • Your level of accounting knowledge
  • Your budget for such technology

Being specific with what you want will lead you closer to the right technology for your business. Any software will have its own advantages and disadvantages. Remember, it pays to have a systematic approach in deciding which accounting software is most suitable for your business.

To know more about Reckon One, you may visit: reckon.com/au/one

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