Akaunting
Business Profile
Core Value Proposition
Akaunting provides free, open-source, online accounting software for small businesses and freelancers.
Target Customer
Small businesses and freelancers seeking a free, open-source accounting solution with cloud access and optional on-premise deployment.
Key Differentiator
Free, open-source accounting software available as both a cloud service and a self-hosted (on-premise) solution, with source code accessibility and extensive feature coverage.
Implementation Timeline
Not specified in the provided content
Pain Points
- 1Need for a cost-effective (free) accounting solution with invoicing and expense tracking.
- 2Desire for data privacy and control via open-source software.
- 3Need for access to financials anywhere (cloud) while also offering self-hosted/on-premise deployment for those who require it.
Key Features
- 1Invoicing and expense tracking
- 2Inventory management (stock, warehouses, groups, variants, adjustments, transfer orders, barcode tracking)
- 3Projects management (tasks, teams, time tracking, milestones, timesheets, linked invoices/bills, project cash flow)
- 4Double-entry accounting components (Chart of Accounts, Balance Sheet, General Ledger, Trial Balance, Manual Journals)
- 5CRM and client portal (manage leads, pipelines, and share invoices) with expense claims
Target Customer Industries
Client Results
- 110M+ invoices sent by users
- 2300K+ users
- 3100+ countries using Akaunting
- 450+ languages available in the platform
Competitive Advantages
- 1Free to use (no fees for the core offering)
- 2Open-source with source code available, offering privacy benefits
- 3Available as both cloud-based and self-hosted on-premise deployments
- 4Feature-rich with modules for invoicing, inventory, projects, accounting (GL, balance sheet, trial balance), CRM, and more
- 5Global reach with translations into 50+ languages and presence in 100+ countries
Key Benefits
Additional Product Information
Product Description
Free, open-source, online accounting software for small businesses and freelancers with modules for invoicing, expense tracking, inventory, projects, payroll, CRM, and more.
Target Market
Global SMEs and freelancers looking for a free/open-source accounting solution with cloud access and optional on-premise deployment
Unique Value Proposition
Free, open-source, cross-deployment accounting software for SMBs and freelancers with comprehensive accounting, inventory, project management, and CRM capabilities.
Technical Requirements
Open-source platform with options for cloud delivery or self-hosted/on-premise deployment; exact hardware/software requirements are not specified in the provided content.
Pricing Model
Subscription-based with Cloud (pay-as-you-go) and On-Premise options; monthly, yearly, and lifetime licenses available. The content notes a free on-premise standard plan (source code available) and provides example cloud prices (e.g., $9/month cloud; $6/month if paid yearly; $756 lifetime) and On-Premise equivalents. Pricing details vary by app and deployment option.
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