The 5 Best Alternatives to Mighty Digits in 2024
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Mighty Digits is a popular accounting software designed to help startups manage their finances efficiently. While it offers a range of useful features, it may not be the perfect fit for every business's unique needs. That's why we've compiled a list of alternative solutions below to help you find the best option for your startup.
1. Pilot
At Pilot, we provide a comprehensive suite of accounting, CFO, and tax services tailored for startups and growing businesses. Our team of experts, combined with our innovative software, delivers accurate monthly financial reports, allowing you to focus on what matters most - growing your business.
What We Do
As a leading provider of financial services, we cater to Mid-Market, SMB, and Startup clients across various industries, offering specialized expertise to meet their unique business needs. Our dedicated team ensures personalized solutions that align with our clients' goals:
- Industries: We specialize in working with high-growth technology startups, ecommerce providers, professional services, non–profits and more.
- Services: Accounting, Advisory, Financial Planning & Reporting, and Outsourced CFO support for QuickBooks Online.
With a team of over 250 US-based employees, we are the largest startup-focused accounting firm in the country. We work with thousands of startups, from pre-seed to Series C, and are trusted by these companies for our expertise in helping them achieve success. Our services are tailored to the needs of the client, whether they need a hands-off compliance solution or support in strengthening their decision-making. We also provide triple-checked financial statements for peace of mind, allowing you to focus on growing your business.
Why Use Pilot?
- Improved accuracy: Pilot's innovative workflows and combination of expert accountants and software ensure that your monthly financial reports are accurate, allowing you to make informed decisions for your business.
- Enhanced communication and collaboration: Our team works closely with you to understand your unique business needs and provide personalized solutions, fostering a strong partnership for your financial success.
- Extensive experience: We have helped scale thousands of companies from the earliest pre-seed stages, providing valuable insights and expertise at every stage of a startup's growth.
- Comprehensive service offerings: Pilot provides a wide range of financial services, including bookkeeping, tax services, CFO services, R&D tax credit, and AP/AR, making us a one-stop solution for your startup's financial needs.
- Industry-specific expertise: Our team has experience working with various industries, allowing us to provide tailored financial solutions that align with your startup's unique requirements and goals.
Our Pricing
Pilot offers various pricing options for their services:
- Bookkeeping: Starter ($499/month), Core ($699/month), and Plus (custom pricing).
- Tax: Essentials (starting at $2,450/year) and Standard (starting at $5,400/year).
- CFO Services: Basic ($1,875/month), Essential ($3,375/month), and Custom ($5,625/month).
- R&D Tax Credit: 20% of total credit received.
For custom pricing plans, visit the Pilot pricing page and contact sales for a quote.
2. Kruze Consulting
Kruze Consulting is a leading provider of accounting, finance, HR, and tax consulting services for seed and venture capital-funded startups. With clients that have collectively raised over $10 billion in VC financing, Kruze Consulting is known for its tax credit advisory and recommendations of best-in-class financial and HR systems for data-driven startup founders.
- Industries: SaaS, Biotech, CPG, Crypto, eCommerce, Hardware, Healthcare.
- Services: Startup Accounting, Accounts Payable, Accounts Receivable, Advisory, Bookkeeping, Financial Planning & Reporting, HR, Outsourced CFO, Tax Preparation.
- Pricing Plans: Basic (starting at $600/month), Founder Timesaver (starting at $850/month), and Premium (custom pricing).
3. Bench
Bench is an all-in-one financial solution for small businesses, offering bookkeeping, tax preparation, filing, and advisory services. With a dedicated team of bookkeeping experts and user-friendly financial software, Bench aims to help businesses save time and money while providing valuable insights for growth.
- Industries: Automotive, Construction, Consumer Services, eCommerce, Energy, Financial Services, Food & Beverage, Government & Agency, Healthcare Care Equipment & Services, Manufacturing, Media, Non-Profit and Religious, Pharmaceuticals, Biotechnology & Life Sciences, Professional Services, Real Estate & Development, Retail, Software, Technology Hardware & Equipment, Telecommunications, Transportation.
- Services: Bookkeeping, Tax Preparation, Tax Advisory & Filing, Catch Up Bookkeeping, Bench Retro.
- Pricing Plans: Essential ($249/month billed annually or $299/month billed monthly) and Premium ($399/month billed annually or $499/month billed monthly). Additional services like Catch Up bookkeeping start at $199 per month and Specialized bookkeeping costs $100 per month.
4. Acuity
Acuity is an online bookkeeping service provider that specializes in catering to entrepreneurs and businesses across various industries. They offer a range of financial services, including bookkeeping, tax, controller, and CFO services, to help businesses establish a sustainable financial process and select the right accounting technologies.
- Industries: Blockchain & Cryptocurrency, eCommerce, Professional Services, Software, Technology Hardware & Equipment.
- Services: Accounting, Accounts Payable, Accounts Receivable, Advisory, Bookkeeping, Outsourced CFO, Payroll, Tax Preparation, Technology Implementation & Consulting.
- Pricing Plans: Bookkeeping ($479/month), Bookkeeping Plus ($1,029/month), Bookkeeping Plus + Accounting ($2,179/month), and additional services starting at $135/hour.
5. Furey
Furey is an accounting, finance, and payroll partner for venture-backed startups, offering solutions that combine expert guidance and cutting-edge technology. They help high-growth companies across various industries make informed decisions and move forward confidently, with a multidisciplinary team passionate about building impactful client relationships through efficient and scalable processes.
- Services: Accounting, Finance, Payroll
- Industries: Not specified
- Pricing Plans: Accounting (Starting at $1,500/month), Finance (Starting at $1,000/month), Payroll (Starting at $500/month).
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