Software Alternatives & Reviews

Bankfeed VS QuickBooks Online

Compare Bankfeed VS QuickBooks Online and see what are their differences

Bankfeed logo Bankfeed

Is your company receiving a lot of incoming payments? Are you using more than one bank? Bankfeed saves time and prevents errors by automating the import of bank statements to Microsoft Dynamics 365 Business Central and the reconciliation of payments.

QuickBooks Online logo QuickBooks Online

QuickBooks Online is a Cloud Accounting for small business that can be used on iPad, mobile phone or computer to do invoicing, billing, run reports, or even pay employees online.
  • Bankfeed Landing page
    Landing page //
    2023-06-12

Forget about logging into different banks. Have all your bank statements in Microsoft Dynamics 365 Business Central, and reconcile payments with invoices AUTOMAGICALLY!

If your company meets at least one of these conditions, you will find Bankfeed valuable: • Receives many payments • Uses several bank accounts • Wants to post transactions quickly and error-free • Wants to view payments in real time • Has operations in multiple countries

Bankfeed allows you to automate bank statement import into Microsoft Dynamics 365 Business Central as well as payment recognition and reconciliation with issued invoices.

The solution works with all European banks, including Santander, ING, Barclays, HSBC, Swedbank, Revolut, PayPal, Stripe, Wise, American Express, N26 and others.

Here's what customers have to say: “At least 98% of incoming payments are automatically identified and reconciled with invoices. This makes my daily work much easier.” Jurgita Lapinskiene, USAD

“We have more than 60 bank accounts, so it used to take a lot of time to manually manage all the incoming payments. I am happy that Bankfeed automates that.” Neringa Baronaitiene, Gelvorasergel

“The automatic recognition and reconciliation, as well as the separation of bank charges, saves at least 4 hours per day, i.e., about 10 days per month.” Sigita Geinaite, Trobos

FOR MORE INFORMATION PLEASE VISIT https://bankfeed.com/

  • QuickBooks Online Landing page
    Landing page //
    2023-05-08

Bankfeed features and specs

  • All European banks: Yes, 2300+ banks
  • Automatic bank statement import: Yes
  • Automatic payment recognition: Yes
  • Automatic payment reconciliation: Yes
  • Automatic invoice reconciliation: Yes

QuickBooks Online features and specs

No features have been listed yet.

Bankfeed videos

Bankfeed demo

More videos:

  • Tutorial - Bankfeed Assisted Setup for Bank Connection
  • Tutorial - Bankfeed Assisted Setup for General Settings
  • Tutorial - Bankfeed Guided Tour

QuickBooks Online videos

Which QuickBooks Online Should You Buy in 2020?

More videos:

  • Tutorial - How to use QuickBooks Online: a super fast 6-minute review & tutorial
  • Review - My Honest Review of Intuit Quickbooks Online (QBO)

Category Popularity

0-100% (relative to Bankfeed and QuickBooks Online)
Finance
100 100%
0% 0
Accounting
1 1%
99% 99
Accounting & Finance
3 3%
97% 97
Small Business
0 0%
100% 100

Questions and Answers

As answered by people managing Bankfeed and QuickBooks Online.

Why should a person choose your product over its competitors?

Bankfeed's answer

Bankfeed works with all European banks, including Santander, ING, Barclays, HSBC, Swedbank, Revolut, PayPal, Stripe, Wise, American Express, N26 and others. 2300+ banks in total. The solution also provides automatic payment reconciliation with issued invoices.

Which are the primary technologies used for building your product?

Bankfeed's answer

Bankfeed works as an add-on for Microsoft Dynamics 365 Business Central. For the integration with all European banks, the solution uses open banking (PSD2) technology.

Bankfeed supports the most common bank formats worldwide: CAMT.053 (financial statement import) CAMT.052 (financial statement import)

How would you describe your primary audience?

Bankfeed's answer

If a company meets at least one of these conditions, it will find Bankfeed valuable: - Receives many payments - Uses several bank accounts - Wants to post transactions quickly and error-free - Wants to view payments in real time - Has operations in multiple countries

What makes your product unique?

Bankfeed's answer

Bankfeed allows you to automate bank statement import into Microsoft Dynamics 365 Business Central as well as payment recognition and reconciliation with issued invoices.

User comments

Share your experience with using Bankfeed and QuickBooks Online. For example, how are they different and which one is better?
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Reviews

These are some of the external sources and on-site user reviews we've used to compare Bankfeed and QuickBooks Online

Bankfeed Reviews

We have no reviews of Bankfeed yet.
Be the first one to post

QuickBooks Online Reviews

  1. Very good for self service accounting

    This is a great solution for self-service bookkeeping needs and is very affordable.


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Social recommendations and mentions

Based on our record, QuickBooks Online seems to be more popular. It has been mentiond 1 time since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Bankfeed mentions (0)

We have not tracked any mentions of Bankfeed yet. Tracking of Bankfeed recommendations started around Jun 2023.

QuickBooks Online mentions (1)

  • Quickbooks over VPN... FML
    Quick books now have online version. It’s quick, backed up and online. Try to get them to purchase it. Will solve all their problems. https://quickbooks.intuit.com/online/. Source: over 1 year ago

What are some alternatives?

When comparing Bankfeed and QuickBooks Online, you can also consider the following products

Xero - Xero is online accounting for your small business.

Sage Intacct - Intacct is a cloud-based accounting and financial management system that is designed for the businesses of all levels.

FreshBooks - The ideal accounting software for small business owners.

Odoo - An all-integrated business app suite to unleash your growth potential.

Mint - Free personal finance software to assist you to manage your money, financial planning, and budget planning tools. Achieve your financial goals with Mint.

Oracle NetSuite - NetSuite is the leading integrated cloud business software suite, including business accounting, ERP, CRM and ecommerce software.