20 Best Budgeting Software for Mac in 2024 - Financesonline.com (2024)

Staying on top of company finances is crucial to the long-term survival of your business. The good news is that you no longer need to rely on traditional, error-prone spreadsheets to manage company funds, thanks to modern budgeting software solutions. However, before you invest in one, you should first make sure that the budgeting software you choose is compatible with your hardware. In this way, you can ensure accessibility and flexibility for users.

In this article, we’ll focus on the best budgeting software for Mac computers and what features set them apart from other apps. You’ll be able to learn more about each software solution and figure out which one has the features you need for your business.

The COVID-19 pandemic pushed the world online and it seems that even after it ends, employees want to be able to continue working remotely. One study on employee expectations, for instance, showed that 71% want a hybrid or remote working style after the pandemic is over. Meanwhile, another 34% preferred working remotely full-time.

Employers are also responding to these expectations positively. Data shows that 76% of businesses will continue to allow flexible work, 66% are redesigning their workplaces to suit hybrid work arrangements, and 43% will continue with remote work.

However, it’s not just the work setup that companies need to adjust. They also have to make sure that the business tools they use are flexible, secure, and conducive to online collaboration. This is where cloud-based solutions come in. According to recent cloud computing statistics, 95% of all workloads will be in the cloud within the next five years. In fact, cloud spending across industries had already increased by 37% during the first quarter of 2020, totaling $29 billion. Also, 50% of employers said they expect higher-than-planned cloud usage in the coming years. If you’re looking for your next tech or app investment, it’s best to consider these criteria and opt for cloud-based, platform-independent apps that also implement cutting-edge security measures into their systems.

1. FreshBooks

Kicking off our list of the best budgeting software for Mac, FreshBooks is a cloud-based and award-winning finance and accounting software designed to meet the needs of freelancers, startups, and enterprises. It includes robust features that help users streamline a wide range of tasks not just in budgeting but also in accounting, expense tracking, and invoicing. You’ll also benefit from features such as online payments, estimates, and time tracking—all built into the FreshBooks interface.

FreshBooks has a clean and intuitive interface so even non-accountants will be able to easily find their way into the different menus, tabs, and features loaded in the software. Budgeting can be a breeze using the expense tracking feature. Your team can also monitor project spending to make sure that expenses stay within the budget.

Moreover, FreshBooks can also help you create customized proposals for clients. You can plan the budget, create estimates, and provide project proposals to clients without even leaving the platform. Once you close projects, sending invoices and getting paid are also things you can automate and manage using FreshBooks. The app also integrates seamlessly with payment gateways such as PayPal and Stripe.

Price Range:FreshBooks offers three pricing plans depending on the number of active clients you have. These are the Lite plan at $15/month, Plus plan at $25/month, and the Premium plan at $50/month.

What is unique about FreshBooks?

1. Responsive design. FreshBooks works without glitches on laptops, smartphones, and tablets. This allows for more flexibility and users can work on budgets using their preferred devices.
2. Auto bills and payments. You can save time by setting billing schedules and automatic recurring payments. WIth auto-billing, your client’s card will be charged automatically and securely.
3. Customizable platform. FreshBooks has many customizable features. This means you can set filters, values, and features in ways that fit your business needs.
4. Time tracking. Not all budgeting platforms have time tracking capabilities. This makes FreshBooks a cost-effective solution if you need to track time for specific clients.
5. Reporting. FreshBooks makes it easy to generate financial reports. You can create expense reports to track monthly costs and monitor your balance sheet in real-time.

2. NetSuite ERP

Netsuite ERP is a cloud-based ERP solution that offers a wide range of features that can help mid-sized businesses and enterprises automate most tasks related to budgeting, financial management, order management, billing, and inventory management, among others. It’s a highly scalable ERP that can be utilized by the entire organization—from top executives to clerical staff—when they need data, reports, and other files to accomplish specific tasks.

Netsuite combines financial management features and business intelligence tools so that companies can leverage big data in making decisions for their business. As a planning and budgeting software, it can help automate labor-intensive processes and eliminate manual consolidation, troubleshooting, and reporting. Your finance team can quickly produce budgets and forecasts or generate what-if scenarios that are important to planning and strategic analysis.

Additionally, with reduced manual steps in your business processes comes better control over financial and operational data. Netsuite ERP will synchronize your organization’s data and become a single storage platform where staff or employees can access up-to-date information for their tasks.

For integrations, NetSuite can seamlessly connect with other products from the vendor. In addition, it has an extensive selection of third-party solutions such as Epay and Birst, among others.

Price Range: NetSuite ERP is only available by quote. Please get in touch with the vendor for more information.

What is unique about Netsuite ERP?

1. Real-time visibility. With business intelligence included in the platform, Netsuite is a powerful solution that provides real-time visibility into a company’s financial performance. Real-time reporting on projects can help you see which projects are on track and within budget.
2. Accounting. The platform allows you to benefit from the convenience of cloud accounting. With it, you can automate AP, optimize AR, and streamline tax management.
3. Billing management. With Netsuite, you can fast-track your order-to-cash processes. The order and billing management module automates approval, invoicing, and payment management.
4. Demand planning. Netsuite helps businesses drive customer satisfaction. Features such as supply chain intelligence with MRP can get the right products in the right location so that you can increase fill rates and reduce stockouts.
5. Payment management. Save time, reduce processing costs, and get paid faster. NetSuite ERP provides flexible options to receive payment, including credit cards, direct debit, or via supported payment services.

3. QuickBooks Online

QuickBooks Online is an accounting platform designed for freelance bookkeepers, small businesses, and independent accounting firms. It has the most essential features to simplify accounting, budgeting, and finance processes for small businesses. These include expense tracking, sales monitoring, invoice management, and tax calculation. With these capabilities, you can reduce the number of hours spent on tedious accounting tasks, which makes a huge difference for businesses with small teams or single entrepreneurs.

When it comes to budgeting, QuickBooks Online allows you to keep a close watch on your cash flow and track expenses all in one place. You can directly import expenses and income, organize/categorize expenses, and approve or edit the automatic categorization. You’ll always know where your money goes and be able to track your expenses in an instant using QuickBooks Online’s mobile app. This app also allows you to easily upload receipts anywhere so they can be saved and attached to bank transactions in preparation for the tax period.

The above-mentioned aside, the platform can seamlessly integrate with a variety of other applications. Among the most popular of which are Jobber and Method:CRM. It also has an API functionality, allowing users to integrate it with third-party applications.

Price Range: QuickBooks Online offers five different plans depending on the number of users you will onboard and the features you require. Rates range from $5/month to $180/month.

What is unique about QuickBooks Online?

1. Bank feeds. Connect your bank account to QuickBooks to save time on monitoring your finances. Bank feeds allow you to see how your business is performing.
2. Receipt capture. Easily use your phone to take pictures of receipts. Having receipts organized prepares you for tax season with everything in one location.
3. Inventory. You can use QuickBooks Online not just for budgeting but for inventory management as well. Stay on top of your stocks and orders in real-time.
4. Mobile app. Get more flexibility when you use QuickBooks Online’s mobile app. Access anywhere, from any location so you don’t need to worry about how you can make changes to your budget.
5. Multi-currency support. Get utmost convenience when you record transactions, send invoices, and adjust reports using your preferred currency. You can even assign different currencies to customers.

4. Xero

Xero is a well-known accounting software that has helped many SMEs and large enterprises handle all of their finance and accounting needs. Accountants and bookkeepers who maintain their own practice are also some of the loyal users of Xero. Since Xero can be accessed online, accounting and finance professionals can get their books done even when they need to work remotely. The software has automation features that can handle time-consuming tasks, such as importing bank transactions or receipts and sending invoice reminders.

When used for budgeting, Xero’s project tracking, bills payment, and bank reconciliation are just a few of the features that can help you better manage your business’ funds. Know exactly where your money goes when you use bank reconciliation to keep your financials up to date. You can categorize and reconcile all your bank account transactions for the day using suggested matches.

Meanwhile, the project tracker consists of several tools that can help you quickly prepare budgets or quotes for your clients. You can keep track of costs and profitability for each project and turn quotes into invoices and get paid through online payment gateways. You can also use Xero as your online filing system. Share documents, send contracts, bills, or receipts securely online.

Xero is also built to streamline your entire process as it can integrate with over 800 applications. These include tools like Evernote, PayPal, Squarespace, and Expensify, among others.

Price Range: Xero offers three pricing plans for different business sizes. They have an Early plan at $5.50/month, a Growing plan at $16/month, and an Established plan at $31/month.

What is unique about Xero?

1. Quotes. Create professional-looking quotes online. Send quotes instantly using Xero on your desktop or the app on your mobile phone.
2. Sales tax. You can automatically calculate sales tax on your transactions. Use report tools to prepare sales tax returns.
3. Analytics. Xero analytics provides insights you can use to make business decisions related to budgeting. See future cash flow, track metrics, and check your business’ financial health.
4. Bank reconciliation. Keep your financials up to date by reconciling bank account transactions. You can reconcile transactions for each day.
5. Accept payments. Connect to Stripe or other payment solutions and accept payments online. Easily add a “Pay Now” button to your invoices to get paid faster.

5. Sage 50cloud

If you are looking for a reliable desktop accounting software that offers cloud flexibility, then Sage 50cloud might be for you. This software offers accounting and financial management features that can help you reduce admin work while also automating much of the accounting workflows. Its automation feature extends to budgeting, payments, taxes, and accounts payable. Sage 50cloud can also be integrated with Microsoft Excel, Skype, and Bill.com.

Sage 50cloud also has payment and banking features that allow you to connect your bank accounts and see your transactions. This is especially useful for managing company funds since it provides full visibility over your accounts and finances. Additionally, you can check your account balance on Sage 50cloud. Users can also deploy customized filters if they need to get a more granular view of their finances.

Price range: Sage 50cloud offers three tiers for their subscription plans: Pro Accounting at $50.58/month, Premium Accounting at $78.21/month, and Quantum Accounting at $197.55/month.

6. FreeAgent

FreeAgent is online accounting software designed for freelancers and small businesses and their accountants. It’s an easy-to-use platform that brings everything together, from budgeting and expense management to invoicing, project management, and sales tax reports. With all your accounting and financials in just one place, you’ll have a smoother time getting things done. FreeAgent helps companies see the big picture and quickly check how their business is performing.

A big part of budgeting is coming up with estimates whenever you have new clients or projects. FreeAgent includes modern tools that help you create online estimates in minutes. You can present a professional-looking budget or quote to establish a good impression on your clients and help you increase the chances of closing the deal.

Moreover, you can generate estimates in multiple currencies and languages. There are also auto-notifications whenever your clients accept or reject your quotes. You can further customize your budget proposals using your company logo, templates, colors, and themes.

FreeAgent integrates with many business applications that help make your budgeting work easier. These include PayPal and Stripe and collaboration software like Basecamp and Contactzilla.

Price Range:FreeAgent offers a Universal pricing plan. It starts at $10/month for the first 6 months. After that, it becomes $20/month. You can also pay upfront for a 12-month subscription for the price of 5. From then on, you’ll get 12 months for the price of 10.

7. Tradogram

Tradogram is a cloud-based procurement management software that makes budgeting and spend management simpler. With features such as multi-level management, purchase orders, and instant messaging, your budgeting team can gain 100% visibility into business spending and track budgets in real-time from anywhere.

Notable features of Tradogram that can help you with budgeting and expenses include supplier lists, budget management systems, approvals, and inventory management. The budgeting tools in the software allow you to design your specific budgets for purchasing transparency. You can create budget levels and categories that can streamline forecasting and track all expenditures throughout your company. Assign specific budgets to branches, locations, and departments. This can ensure that budget limits are maintained and clearly outlined and spending is accurately recorded.

Other important capabilities in Tradogram include project budgets and budget capping. Project budgets are specifically designed for budgeting one-off or short-term projects. Meanwhile, budget capping sends out automatic notifications whenever expenditures exceed a set budget on the system. This is very helpful in preventing overspending.

When it comes to integration, Tradogram connects with many popular ERPs and financial management systems. These include Microsoft Dynamics, Quickbooks (Desktop & Online), and Oracle.

Price Range: Tradogram offers a free Basic plan and a Premium plan for $24/user/month. There’s also a quote-based Enterprise plan for large organizations that might have more users and specific requirements.

8. Board

Board is a trusted decision-making platform that combines a wide range of features and tools to help businesses take full control of business planning and performance. The platform offers business intelligence, advanced analytics, and planning, among other solutions crucial for businesses in a variety of industries.

When it comes to budgeting, Board has powerful tools that your team can leverage for financial planning and accounting. Get rid of silos and increase productivity and efficiency within your finance team using automation features and real-time reporting. With Board, you can transition from traditional spreadsheets and legacy technologies used for budgeting to fully digital accounting, budgeting, and financial planning processes securely and in the shortest time possible.

Board offers flexible financial planning and analysis software that unifies data across your entire company. As a result, you’ll benefit from using a single source of truth for all information needed by your finance team in conducting their budgeting, analysis, and planning activities. Board integrates with Microsoft Powerpoint, Microsoft Excel, and Microsoft Word.

Price Range: Board pricing is by quote only. Contact Board to receive a plan customized to your business needs.

FinancialForce Accounting is a powerful yet elegant accounting and finance platform that helps businesses manage global operations with ease. The platform is highly scalable and can handle multi-company financials. It also has multi-book, multi-currency, multi-language, and multi-chart of accounts features. All these make FinancialForce Accounting highly suitable for multinational companies and distributed finance and accounting teams.

Financial consolidation is often a big challenge for intercompany or multi-company accounting. With FinancialForce Accounting, you can have one platform and one system that can include multiple entities. The system consolidates data from multiple companies and handles transactions, reporting, and reconciliations in multiple currencies—effectively and painlessly.

Cash flow management also becomes effortless in FinancialForce. You can prepare numerous bank accounts in different currencies and automate bank statement reconciliation for any currency as well. Since the platform is cloud-based, you can access it from any device, which makes it a top budgeting software for Mac computers. Forecasting and tracking cash balances are streamlined in the dashboards. Integrations include AP apps like Avidexchange, credit card payments like Asperato, and tax management apps like Avalara.

Price Range: FinancialForce is sold per module. You can get quote-based pricing that allows you to choose the best package for your needs.

10. Bizview

Bizview is an online budgeting and forecasting solution that provides fast, scalable financial planning for businesses. It connects the different phases of budgeting, from planning, budgeting, and forecasting so that businesses can work more efficiently and reach their business growth goals.

With Bizview, your finance and budgeting team can easily export data from your ERP into Excel. No more manual downloads or CSVs. Also, no need to worry about keeping data up to date as data from your ERP automatically updates in Excel. This means you are never working with old numbers.

It’s also easy to generate financial reports in Bizview using the Self-Serve Custom Reports tools. You don’t need to bother IT just to prepare your report and complete budgeting. Users can easily create their custom reports with a drag-and-drop report creator. Plus, you can automate data entry and formatting so that you can avoid errors in your report that are often caused by manual entry and editing. Bizview integrates with many business apps, including Xero, PowerOffice, and Dynamics 365 Business Central.

Price Range: Bizview offers quote-based plans. Contact the vendor to get a package that fits your business needs.

11. Vena

Vena is a complete planning and budgeting online platform that combines all the good stuff in Excel with the power of the Vena Growth Engine. This combined platform drives agile, business-wide planning, resilience, and growth. If your finance and accounting team has been used to working on Excel, you’ll be happy to know that Vena will be familiar territory. Vena is the only native Excel planning platform that has an Excel interface and OLAP cube technology, which seamlessly integrates and secures your data.

With Vena, you can leverage what you know working with Excel and turn it into a more automated and less tedious workflow. Vena simplifies processes with automation features plus, you can still use the quick tricks you’ve learned over the years using Excel while on the platform. And since most of the controls, menus, and tools in Excel are a universal language, onboarding on Vena will be a breeze.

Moreover, you can create customized workflows to better suit the nature of your business processes. Budgeting is easier since you can create budgets based on any requirement whether you prefer using top-down or bottom-up budgeting. Driver-based and zero-based budgeting also helps you ensure that budgets always align with your organization’s financial goals.

For integrations, Vena connects seamlessly with ERPs, CRMs, and other office apps. These include Power BI, Salesforce, and MS Office.

Price Range: Vena offers quote-based plans. Contact Vena to get more information on the features best suited to your budgeting software requirements.

12. Expensify

Expensify is an online expense reporting system that helps users manage expenses, transactions, and other matters related to finance and budgeting. The system has a user-friendly interface and intuitive tools that come in handy for a lot of money management tasks. It also uses real-time data and reporting that can help businesses make informed decisions about their finances.

If you’re traveling on business, Expensify includes tools to track your travel expenses. Knowing how much you’ve spent on a trip and other activities related to it can help you plan future budgets more accurately. You can conveniently convert currencies in the system as well, which makes tracking expenditures during international travels easier. You can upload photos of receipts to record your expenses quickly. Expensify integrates with business apps like Microsoft Dynamics, Workday, FinancialForce, and NetSuite.

Price Range: Expensify offers three pricing plans: Team, Corporate, and Enterprise. Team costs $5/active user, white Corporate costs $9/active user. Quote-based plans are designed for businesses that need specific features.

13. AccountEdge

AccountEdge is an accounting software loaded with features aimed at helping small business streamline their accounting, budgeting, and other finance-related activities. Users benefit from features such as budgeting, inventory management, time billing, and more.

With AccountEdge, you can have access to a variety of banking tools to conveniently send and receive money. You can also print checks and reconcile accounts so you can easily track your purchases or transactions. You’ll see how your business is doing by checking sales, tracking inventory, and managing contracts from right inside the system.

AccountEdge works both as an on-premise solution and cloud-based software. You simply connect your on-premise app to the cloud to store data and seamlessly perform key accounting and finance tasks remotely whenever necessary. Integrations include Shopify e-Commerce, Checkout Point of Sale for Mac, and AccountEdge Cloud. The only downside to this platform is that it is not compatible with macOS Catalina. It can still, however, be able to continue running on Mac within a Parallels virtual machine environment.

Price Range: New users can get AccountEdge with a perpetual license for $399.

ZipBooks is a free nonprofit accounting platform that caters to the accounting, budgeting, and financial planning needs of freelance professionals, small businesses, contractors, and startups. Using ZipBooks, you can make your financial processes work more efficiently so you can enhance productivity within your accounting and finance team. If you’re a single business owner, ZipBooks can help you get paid faster with its long list of payment partners and integration with credit cards. It’s also possible to receive check payments.

If improving budgeting is your concern, ZipBooks has many tools such as those for expense tracking, forecasting, and planning that are easy to use. You don’t need a background in IT or to be a CPA to quickly find your way through the software. With ZipBooks, you can easily accept donations for your nonprofit projects or fundraisers, create budgets, and manage account balances. Do all these things with easy drag-and-drop tools you can use both on desktop and mobile devices. Zipbooks integrations include those with Asana, Slack, and many Google apps like Drive and Chrome.

Price Range: Zipbooks has a free account that’s free forever. The paid plans include the Smarter plan for $15/month, the Sophisticated plan for $35/month, and the Accountant plan, which is quote-based.

15. Dryrun

Dryrun is a cash flow management and financial forecasting platform built with internal finance teams in mind. It’s designed to handle a wide range of tasks, from financial modeling to cash management in a single and flexible platform. The software caters to the budgeting and financial planning needs of SMEs as well as enterprise organizations.

One of the strong capabilities of Dryrun is “what if” or scenario-based modeling. Create what-if scenarios in minutes so that your team can stop staring at spreadsheets and start planning strategies to manage finance shortfalls well ahead of time. Monitor your company’s bottom line, spot anomalies, and get insights into its financial performance with just a few clicks. This can drastically cut down surprises and help your team prepare for issues as soon as they arise. Financial management using Dryrun can be done quickly using filters and advanced tools. Know where your funds have gone, who owes what, and set expected dates to manage overdue. Dryrun integrates with Xero, Excel, and Sage Intacct, among other apps.

Price Range: Dryrun’s single-user plan costs $200/month billed annually. Meanwhile, the three-user plan costs $300/month for a yearly subscription. There’s also a customizable plan for medium and large organizations.

Expenses auditing includes compliance, duplication, and error checks built into the Webexpenses system that serves as safeguards for your business spend. You can avoid overpayments, identify opportunities for tax reclaim, and make sure processes adhere to your company’s expenses policies. When it comes to integrations, Webexpenses connects with Microsoft Dynamics, SAP, and Netsuite, among others.

Price Range: Webexpenses offers quote-based pricing packages to small to large businesses. These packages can come as a bundle or stand-alone modules for expense management, invoice processing, and payments, among others.

Hubble is a financial and operational reporting platform that combines capabilities such as reporting, analytics, and planning. It offers more flexibility to businesses as it can be deployed on-premise or used as a cloud-based solution. No matter which solution you choose, you’ll be able to benefit from the features included in the program.

If you’re looking to shorten the time you spend on closing your accounting books, this platform can be an excellent choice. It includes reporting and analytics tools for JDE and Oracle EBS. Use real-time reporting and automated report distributing to drill down into transactions and save time searching for the information or data you need. Easily export data from your ERP into Excel with just a click. No need for manual downloads or CSVs.

Real-time web dashboards are very helpful in tracking key metrics for your business. Hubble has clear data visualization that helps users across your organization monitor and analyze KPIs. They can collaborate through discussions, and drill down into underlying ERP transactions. Hubble integrates with Oracle JD Edwards and Oracle E-Business Suite.

Price Range: Hubble is available on a quote-based only plan. Contact the vendor to get a quote for your specific business needs.

CalendarBudget has native apps for Android and iOS, so it’s also convenient to plan your budget on your smartphones or tablets. You can make changes on the go, in any location. Whether you’re at work, at home, or traveling, you can access your budget planner to update your finances. Your data is backed up nightly on CalendarBudget’s secure server, so no need to worry about losing your data.

Price Range: CalendarBudget’s monthly plan costs $3.99/month.

Moreover, you can improve your overall financial efficiency. AR and AP automation tools unify your data into a centralized location. Your finance and budgeting team can access data quickly to create their financial budgets, plans, and reports. pcFinancials also offers a profitability analysis module. You’ll be able to answer important questions such as who are your 10 most profitable customers and which projects you had in the past are the least profitable.

pcFinancials integrates with many on-premise and cloud ERP systems. These include SAP, Epicor, and Microsoft Dynamics.

Price Range: pcFinancials offers quote-based plans. Contact the vendor for your own customized plan.

A company’s financial health is crucial for it to survive in the long term. Budgeting software products can definitely help organizations in many ways when it comes to financial planning. The top products on our list all have their unique features but most importantly, they are some of the best budgeting software available in the market today.

When choosing among the best budgeting software for Mac, consider the product’s flexibility and mobility. For example, cloud-based platforms that also have native apps on Android and iOS have an advantage since you can use them on the go or for remote rework. Also, look out for products that are user-friendly even for non-accountants or finance professionals.

The top product on our list is FreshBooks, owing to its ease of use, modern features, and affordability. You can take advantage of its free trial offer to learn more about the software. Try the other products on this list as well so you can find out which one meets your business requirements.