Are you tired of the month-end closing feeling like solving a tough puzzle?
It takes forever, right?
What if there were an easier way?
Imagine finishing your month-end tasks quickly and smoothly.
The right accounting software can make this dream a reality.
We’re going to look at two options: Puzzle IO vs Easy Month End.
Overview
We’ve put both Puzzle IO and Easy Month End through their paces.
Just like you would in your daily accounting tasks.
Our team has explored their features, tracked their speed, and checked how easy they are to use.
This hands-on testing allows us to bring you a real comparison of what each software has to offer.
Ready to simplify your finances? See how Puzzle IO can save you up to 20 hours a month. Experience the difference.
Pricing: Free Plan available. Paid plan starts at $42.50/month.
Key Features:
- Financial Planning
- Forecasting
- Real-time Analytics
This Easy month-end, join 1,257 users who saved an average of 3.5 hours and reduced errors by 15%. Start your free trial!
Pricing: It has a free trial. The premium plan starts at $45/month.
Key Features:
- Automated Reconciliation
- Streamlined Workflows
- User-Friendly Interface
What is Puzzle IO?
So, Puzzle IO, what’s it all about?
Think of it as accounting software with some cool extras.
It tries to give you a full view of your business numbers.
Also, explore our favorite Puzzle Io alternatives…
Our Take
Ready to simplify your finances? See how Puzzle io can save you up to 20 hours a month. Experience the difference today!
Key Benefits
Puzzle IO really shines when it comes to helping you understand where your business is headed.
- 92% of users report better financial forecasting accuracy.
- Get real-time insights into your cash flow.
- Easily create different financial scenarios to plan.
- Collaborate seamlessly with your team on financial goals.
- Track key performance indicators (KPIs) in one place.
Pricing
- Accounting basics: $0/month.
- Accounting Plus Insights: $42.50/month.
- Accounting Plus Advanced Automation: $85/month.
- Accounting Plus scale: $255/month.
Pros
Cons
What is Easy Month End?
Now, let’s talk about Easy Month End.
The name pretty much says it all.
It’s built to make closing your books each month much simpler.
Also, explore our favorite Easy Month End alternatives…
Our Take
Elevate financial accuracy with Easy Month End. Leverage automated reconciliation and audit-ready reporting. Schedule a personalized demo to streamline your month-end process.
Key Benefits
- Automated reconciliation workflows
- Task management and tracking
- Variance analysis
- Document management
- Collaboration tools
Pricing
- Starter: $24/month.
- Small: $45/month.
- Company: $89/month.
- Enterprise: Custom Pricing.
Pros
Cons
Feature Comparison
Choosing the right accounting software can feel overwhelming.
To help you decide, we’re diving deep into what Puzzle IO and Easy Month End can actually do.
Let’s compare key features and see how they stack up for your business needs.
1. Manual Data Entry
- Puzzle IO: A game changer for reducing manual data entry. It automates most tasks, which means you spend less time on tedious tasks and more time on high-value work.
- Easy Month End: Designed to eliminate manual confirmations and reduce errors. It streamlines your workflows so you don’t have to keep track of manual data entry in spreadsheets.
2. Financial Insights
- Puzzle IO: Provides real-time insights that give startup founders a quick, up-to-date look at their cash runway and burn rate. This helps them make data-driven decisions.
- Easy Month End: Focuses on clear insights for a smoother month-end process. It gives non-accountants a simple way to understand their finances without needing to be a finance expert.
3. Revenue Recognition
- Puzzle IO: Handles revenue recognition and related metrics like ARR/MRR for SaaS companies. This gives a more accurate picture for investors and prepares you for tax time.
- Easy Month End: While not a dedicated revenue recognition tool, it can assist with the underlying finance team tasks by providing a structured workflow for tracking revenue and related data.
4. Fixed Assets & Prepaid Expenses
- Puzzle IO: Includes automation for complex areas like fixed assets and prepaid expenses. This makes it easy to track and manage these items for an audit-ready balance sheets.
- Easy Month End: Can help track these items as part of your month-end close process. The system allows you to create tasks and reminders to handle fixed assets and prepaid expenses accurately.
5. Team Collaboration & Management
- Puzzle IO: Allows you to leave comments on specific transactions and tag team members. This makes communication seamless and helps the finance team be more efficient finance team.
- Easy Month End: Built for team collaboration. It allows you to assign tasks, track progress, and leave comments to ensure your finance team deserves an easier life and that everyone stays on the same page.
6. Audit Readiness
- Puzzle IO: Provides a full audit trail and is designed to help you collect audit evidence and get your books ready for your auditors. You can give them access to the platform to review everything.
- Easy Month End: Creates a clear, documented audit trail automatically. This helps you collect audit evidence and makes it a breeze to provide what your auditors need, especially at year end.
7. Balance Sheet Reconciliations
- Puzzle IO: Automates balance sheet reconciliations, saving you less time and reducing the risk of errors. This helps you stay up to date with your accounts.
- Easy Month End: The tool to get faster balance sheet reconciliations. It helps you reconcile all your reconciliations in one place, so you don’t have to wait or do manual confirmations.
8. Workflow Management
- Puzzle IO: Offers automated workflows to streamline your finance team tasks. It’s a single platform that helps your finance team be more efficient finance team and plan for the future.
- Easy Month End: A powerful workflow management tool specifically for the month-end process. You can create daily, monthly, and ad hoc tasks to ensure a smoother month-end close.
9. Onboarding and Setup
- Puzzle IO: Known for its easy setup, with many startup founders saying it’s a game-changer. You can quickly get started and connect your bank accounts.
- Easy Month End: Also praised for its easy setup. It’s designed to make your first month-end simple and manageable, helping you handle month-end without stress.
10. Overall Ease of Use for Non-Accountants
- Puzzle IO: While powerful, some non-accountants might find the many features slightly overwhelming. However, it provides real-time insights, which are great for startup founders.
- Easy Month End: This is where it shines. It’s built for non-accountants and startup founders who want a simplified system to manage their finances without being a finance expert.
What Should You Look For When Choosing an Accounting Software?
- Check for workflow and team collaboration so your team works more efficiently.
- The ability to collect audit evidence for quarter end and year end.
- Look for a platform with built-in sign-offs to reduce hassle and delays.
- It should make it simple to upload and import data to increase efficiency.
- Make sure you have team management features so you can control user access.
- The software should help you pay bills and handle a bank transfer with a clear outlook.
- Check if it automates the signing of contracts and other documents to save money.
- Does it allow you to answer questions about a ticket or task after it’s been completed?
- It should make your lives easier and reduce stress.
- Look for options to cancel recurring tasks and expanded features that fit your business.
Final Verdict
After this deep dive, our final thoughts are that the best choice depends on your business.
We chose Puzzle for its advanced features.
These are a game-changer for providing real-time financial data and financial management.
It helps you stay on top of key metrics and understand your financial health with minimal effort.
Easy Month End is a solid option for early-stage companies and non-accountants.
Puzzle IO’s features are built to scale with your business and help you prepare for tax compliance.
We hope this review and checklist helps you find the right support.
More of Puzzle IO
We’ve looked at how Puzzle IO compares to other accounting tools. Here’s a quick peek at their standout features:
- Puzzle IO vs Xero: Xero offers broad accounting features with strong integrations
- Puzzle IO vs Dext: Puzzle IO excels in AI-powered financial insights and forecasting.
- Puzzle IO vs Synder: Synder excels in syncing sales and payment data.
- Puzzle IO vs Easy Month End: Easy Month End simplifies the financial closing process.
- Puzzle IO vs Docyt: Docyt uses AI to automate bookkeeping tasks.
- Puzzle IO vs RefreshMe: RefreshMe focuses on real-time monitoring of financial performance.
- Puzzle IO vs Sage: Sage provides robust accounting solutions for various business sizes.
- Puzzle IO vs Zoho Books: Zoho Books offers affordable accounting with CRM integration.
- Puzzle IO vs Wave: Wave provides free accounting software for small businesses.
- Puzzle IO vs Quicken: Quicken is known for personal and small business finance management.
- Puzzle IO vs Hubdoc: Hubdoc specializes in collecting documents and extracting data.
- Puzzle IO vs Expensify: Expensify offers comprehensive expense reporting and management.
- Puzzle IO vs QuickBooks: QuickBooks is a popular choice for small business accounting.
- Puzzle IO vs AutoEntry: AutoEntry automates data entry from invoices and receipts.
- Puzzle IO vs FreshBooks: FreshBooks is tailored for service-based business invoicing.
- Puzzle IO vs NetSuite: NetSuite offers a comprehensive suite for enterprise resource planning.
More of More of Easy Month End
Here is a brief comparison of Easy Month End with some of the leading alternatives.
- Easy Month End vs Puzzle io: While Puzzle.io is for startup accounting, Easy Month End focuses specifically on streamlining the close process.
- Easy Month End vs Dext: Dext is primarily for document and receipt capture, whereas Easy Month End is a comprehensive month-end close management tool.
- Easy Month End vs Xero: Xero is a full accounting platform for small businesses, while Easy Month End provides a dedicated solution for the close process.
- Easy Month End vs Synder: Synder specializes in integrating e-commerce data, unlike Easy Month End which is a workflow tool for the entire financial close.
- Easy Month End vs Docyt: Docyt uses AI for bookkeeping and data entry, while Easy Month End automates the steps and tasks of the financial close.
- Easy Month End vs RefreshMe: RefreshMe is a financial coaching platform, which is different from Easy Month End’s focus on close management.
- Easy Month End vs Sage: Sage is a large-scale business management suite, while Easy Month End offers a more specialized solution for a critical accounting function.
- Easy Month End vs Zoho Books: Zoho Books is an all-in-one accounting software, whereas Easy Month End is a purpose-built tool for the month-end process.
- Easy Month End vs Wave: Wave provides free accounting services for small businesses, while Easy Month End offers a more advanced solution for close management.
- Easy Month End vs Quicken: Quicken is a personal finance tool, making Easy Month End a better choice for businesses needing to manage a month-end close.
- Easy Month End vs Hubdoc: Hubdoc automates document collection, but Easy Month End is designed to manage the full close workflow and team tasks.
- Easy Month End vs Expensify: Expensify is an expense management software, which is a different function than Easy Month End’s core focus on the financial close.
- Easy Month End vs QuickBooks: QuickBooks is a comprehensive accounting solution, while Easy Month End is a more specific tool for managing the month-end close itself.
- Easy Month End vs AutoEntry: AutoEntry is a data capture tool, whereas Easy Month End is a complete platform for task and workflow management during the close.
- Easy Month End vs FreshBooks: FreshBooks is for freelancers and small businesses, while Easy Month End offers a dedicated solution for the month-end close.
- Easy Month End vs NetSuite: NetSuite is a full-featured ERP system, which is broader in scope than Easy Month End’s specialized focus on the financial close.
Frequently Asked Questions
Which software is better for a co-founder who isn’t a finance expert?
Easy Month End is designed to help a co-founder who isn’t a finance expert manage their financial management and gives them a simple way to understand their current state without headaches.
How do Puzzle IO and Easy Month End help companies save time?
Both tools automate tedious tasks to save time. Puzzle IO helps with a general ledger while Easy Month End streamlines the month-end close process, helping a company quickly handle its finances.
Do these platforms offer transaction categorization and integrate with other tools like QuickBooks?
Yes, both offer transaction categorization. They can also connect with other tools like QuickBooks to centralize your financial data and provide a more complete picture of your accounts.
Is one better for understanding my financial health from a high level?
Puzzle IO provides a lot of financial data and metrics for deep analysis. Easy Month End is best for getting a clear, simple view of your financial health, especially during the close process.
What’s the main difference between their approach to financial management?
Puzzle IO focuses on providing a detailed, holistic view of your financial data for high-level financial management. Easy Month End focuses on simplifying the actual closing process to ensure all tasks are completed.
