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Gap Analysis

QuickBooks Competitive Gap Analysis: Where QuickBooks Leads and Trails Each Competitor

A feature-by-feature, importance-weighted look at where QuickBooks wins, loses and ties against six competitors.

Published by CompeteStack · Updated · 13 features · 3 buyer segments · 6 competitors

Gap summary by competitor

Gap scores show the importance-weighted difference between QuickBooks and each competitor on every feature, from −15 (competitor far ahead) to +15 (QuickBooks far ahead).

MatchupQuickBooks aheadQuickBooks behindParityBiggest gap
QuickBooks vs FreshBooks913Sales tax and tax prep support (+9)
QuickBooks vs NetSuite823Bank feeds and reconciliation (+5)
QuickBooks vs Sage Accounting12101099 contractor management (+12)
QuickBooks vs Wave1210Time tracking and project profitability (+11)
QuickBooks vs Xero706Built-in payroll (+10)
QuickBooks vs Zoho Books814Free plan and entry pricing (-9)

QuickBooks vs FreshBooks

FreshBooks is built around invoicing for service businesses. QuickBooks leads on nine features, with the widest gaps in sales tax, reporting, 1099s and inventory. FreshBooks' one lead is time tracking and project profitability.

9 features ahead 1 behind 3 at parity · Overall score: QuickBooks 4.6, FreshBooks 3.6

◀ FreshBooks aheadQuickBooks ahead ▶
Sales tax and tax prep support+9
Financial reporting+8
1099 contractor management+8
Inventory management+8
Built-in payroll+7
App integrations marketplace+7
Bank feeds and reconciliation+5
Accountant collaboration access+4
Multi-currency and multi-entity+3
Expense and receipt tracking0
Invoicing and online payments0
Free plan and entry pricing0
Time tracking and project profitability-4

Where QuickBooks leads

  • Sales tax and tax prep support (+9)
  • Financial reporting (+8)
  • 1099 contractor management (+8)
  • Inventory management (+8)
  • Built-in payroll (+7)
  • App integrations marketplace (+7)
  • Bank feeds and reconciliation (+5)
  • Accountant collaboration access (+4)
  • Multi-currency and multi-entity (+3)

Where FreshBooks leads

  • Time tracking and project profitability (-4)

QuickBooks vs NetSuite

NetSuite is an ERP aimed at larger, more complex companies. QuickBooks leads on everyday bookkeeping, accountant access and its app ecosystem, while NetSuite leads on inventory and multi-entity accounting.

8 features ahead 2 behind 3 at parity · Overall score: QuickBooks 4.6, NetSuite 4.1

◀ NetSuite aheadQuickBooks ahead ▶
Bank feeds and reconciliation+5
Expense and receipt tracking+5
Invoicing and online payments+5
1099 contractor management+4
Accountant collaboration access+4
App integrations marketplace+4
Built-in payroll+3
Free plan and entry pricing+3
Financial reporting0
Sales tax and tax prep support0
Time tracking and project profitability0
Inventory management-3
Multi-currency and multi-entity-3

Where QuickBooks leads

  • Bank feeds and reconciliation (+5)
  • Expense and receipt tracking (+5)
  • Invoicing and online payments (+5)
  • 1099 contractor management (+4)
  • Accountant collaboration access (+4)
  • App integrations marketplace (+4)
  • Built-in payroll (+3)
  • Free plan and entry pricing (+3)

Where NetSuite leads

  • Inventory management (-3)
  • Multi-currency and multi-entity (-3)

QuickBooks vs Sage Accounting

QuickBooks leads Sage Accounting on 12 of 13 features, with the largest gaps in 1099 management, payroll and sales tax. Sage's only edge is a lower entry price.

12 features ahead 1 behind 0 at parity · Overall score: QuickBooks 4.6, Sage Accounting 3.2

◀ Sage Accounting aheadQuickBooks ahead ▶
1099 contractor management+12
Built-in payroll+10
Sales tax and tax prep support+9
Time tracking and project profitability+7
App integrations marketplace+7
Bank feeds and reconciliation+5
Expense and receipt tracking+5
Invoicing and online payments+5
Financial reporting+4
Accountant collaboration access+4
Inventory management+3
Multi-currency and multi-entity+3
Free plan and entry pricing-3

Where QuickBooks leads

  • 1099 contractor management (+12)
  • Built-in payroll (+10)
  • Sales tax and tax prep support (+9)
  • Time tracking and project profitability (+7)
  • App integrations marketplace (+7)
  • Bank feeds and reconciliation (+5)
  • Expense and receipt tracking (+5)
  • Invoicing and online payments (+5)
  • Financial reporting (+4)
  • Accountant collaboration access (+4)
  • Inventory management (+3)
  • Multi-currency and multi-entity (+3)

Where Sage Accounting leads

  • Free plan and entry pricing (-3)

QuickBooks vs Wave

Wave is free-first accounting for very small businesses. QuickBooks leads on 12 of 13 features, most widely on time tracking, app integrations and bank feeds. Wave's advantage is its free plan.

12 features ahead 1 behind 0 at parity · Overall score: QuickBooks 4.6, Wave 3.0

◀ Wave aheadQuickBooks ahead ▶
Time tracking and project profitability+11
App integrations marketplace+11
Bank feeds and reconciliation+9
Sales tax and tax prep support+9
Accountant collaboration access+9
Financial reporting+8
1099 contractor management+8
Inventory management+8
Expense and receipt tracking+5
Invoicing and online payments+5
Multi-currency and multi-entity+5
Built-in payroll+3
Free plan and entry pricing-9

Where QuickBooks leads

  • Time tracking and project profitability (+11)
  • App integrations marketplace (+11)
  • Bank feeds and reconciliation (+9)
  • Sales tax and tax prep support (+9)
  • Accountant collaboration access (+9)
  • Financial reporting (+8)
  • 1099 contractor management (+8)
  • Inventory management (+8)
  • Expense and receipt tracking (+5)
  • Invoicing and online payments (+5)
  • Multi-currency and multi-entity (+5)
  • Built-in payroll (+3)

Where Wave leads

  • Free plan and entry pricing (-9)

QuickBooks vs Xero

Xero is QuickBooks' closest feature-for-feature rival, tying on six features and leading on none. QuickBooks pulls ahead on US payroll, 1099 management and sales tax.

7 features ahead 0 behind 6 at parity · Overall score: QuickBooks 4.6, Xero 3.9

◀ Xero aheadQuickBooks ahead ▶
Built-in payroll+10
1099 contractor management+8
Expense and receipt tracking+5
Invoicing and online payments+5
Financial reporting+4
Sales tax and tax prep support+4
Inventory management+3
Bank feeds and reconciliation0
Multi-currency and multi-entity0
Time tracking and project profitability0
Accountant collaboration access0
App integrations marketplace0
Free plan and entry pricing0

Where QuickBooks leads

  • Built-in payroll (+10)
  • 1099 contractor management (+8)
  • Expense and receipt tracking (+5)
  • Invoicing and online payments (+5)
  • Financial reporting (+4)
  • Sales tax and tax prep support (+4)
  • Inventory management (+3)

Where Xero leads

  • None

QuickBooks vs Zoho Books

Zoho Books is a strong value pick with a free plan. QuickBooks leads on eight features, most widely on 1099 management and payroll, while Zoho Books wins on entry pricing.

8 features ahead 1 behind 4 at parity · Overall score: QuickBooks 4.6, Zoho Books 4.0

◀ Zoho Books aheadQuickBooks ahead ▶
1099 contractor management+8
Built-in payroll+7
Bank feeds and reconciliation+5
Invoicing and online payments+5
Financial reporting+4
Sales tax and tax prep support+4
Accountant collaboration access+4
App integrations marketplace+4
Expense and receipt tracking0
Inventory management0
Multi-currency and multi-entity0
Time tracking and project profitability0
Free plan and entry pricing-9

Where QuickBooks leads

  • 1099 contractor management (+8)
  • Built-in payroll (+7)
  • Bank feeds and reconciliation (+5)
  • Invoicing and online payments (+5)
  • Financial reporting (+4)
  • Sales tax and tax prep support (+4)
  • Accountant collaboration access (+4)
  • App integrations marketplace (+4)

Where Zoho Books leads

  • Free plan and entry pricing (-9)
How we score. Each feature is rated from 1 (weak or absent) to 5 (best in class) for every platform, based on CompeteStack's assessment of publicly available product and pricing information. Segment scores weight each feature by how much it matters to that buyer group, and the overall score averages the three segments. Payroll, sales tax and 1099 scores reflect the US market.

Frequently asked questions

What is a competitive gap score?

A gap score is the difference between QuickBooks's feature score and a competitor's, multiplied by that feature's average importance across the three buyer segments. Positive numbers mean QuickBooks leads; negative numbers mean the competitor leads.

Which competitor is QuickBooks furthest ahead of?

Sage Accounting and Wave. QuickBooks leads each on 12 of 13 features; both rivals' only edge is lower entry pricing.

Which competitor is closest to QuickBooks?

Xero. It ties QuickBooks on six features and leads on none, with QuickBooks pulling ahead on US payroll, 1099 management and sales tax.

Does any competitor lead QuickBooks on more than one feature?

Only NetSuite, which leads on inventory management and on multi-currency and multi-entity accounting.

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