QuickBooks Online vs. Veem

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
QuickBooks Online
Score 8.3 out of 10
N/A
QuickBooks Online is a SaaS version of the QuickBooks product. It contains all of the features found in the local version. Higher-priced plans include greater automation, payment management, inventory and time tracking, and analytics features.
$38
per month
Veem
Score 8.5 out of 10
N/A
Veem, headquartered in San Francisco, offers payment tools to enable businesses to streamline their processes and build business relationships with suppliers and partners all over the world. Through integrations with popular business applications. Veem Local is an online and fee-free option to send, receive, and reconcile business payments within the United States. Veem Cross Border provides access to online global payment tools and pricing and enables users to send, spend, hold and invoice…
$14.99
per month
Pricing
QuickBooks OnlineVeem
Editions & Modules
Simple Start
$38
per month
Essentials
$75
per month
Plus
$115
per month
Advanced
$275
per month
No answers on this topic
Offerings
Pricing Offerings
QuickBooks OnlineVeem
Free Trial
YesYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesYes
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsOne flat platform fee for all accounts. Get access to all platform features for a flat monthly fee of $14.99 USD ($18.99 CAD). - 2 free transactions per month. Accounts will only be charged after their 2nd completed transaction. - ACH/EFT $0 send/receive - Fast Transfer 0.5% for same or next day ACH - Check (US only) $1.99 to send - Veem Wallet $0 send/receive - International wires $0 fees and competitive exchange rates - Global Credit card 2.9% - Global Debit card 1% - Global Instant deposit 1% – min. $1.50
More Pricing Information
Community Pulse
QuickBooks OnlineVeem
Features
QuickBooks OnlineVeem
Payroll Management
Comparison of Payroll Management features of Product A and Product B
QuickBooks Online
8.4
81 Ratings
9% above category average
Veem
-
Ratings
Pay calculation7.572 Ratings00 Ratings
Benefit plan administration6.933 Ratings00 Ratings
Direct deposit files9.067 Ratings00 Ratings
Salary revision and increment management9.046 Ratings00 Ratings
Reimbursement management9.448 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
QuickBooks Online
8.3
71 Ratings
8% above category average
Veem
-
Ratings
API for custom integration8.757 Ratings00 Ratings
Plug-ins8.058 Ratings00 Ratings
Security
Comparison of Security features of Product A and Product B
QuickBooks Online
9.7
112 Ratings
15% above category average
Veem
-
Ratings
Single sign-on capability9.684 Ratings00 Ratings
Role-based user permissions9.7106 Ratings00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
QuickBooks Online
8.2
136 Ratings
4% above category average
Veem
-
Ratings
Dashboards8.7128 Ratings00 Ratings
Standard reports8.3132 Ratings00 Ratings
Custom reports7.6120 Ratings00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
QuickBooks Online
8.6
147 Ratings
10% above category average
Veem
-
Ratings
Accounts payable9.2125 Ratings00 Ratings
Accounts receivable9.4135 Ratings00 Ratings
Cash management8.9123 Ratings00 Ratings
Bank reconciliation9.2141 Ratings00 Ratings
Expense management8.9125 Ratings00 Ratings
Time tracking6.857 Ratings00 Ratings
Fixed asset management8.355 Ratings00 Ratings
Multi-currency support7.024 Ratings00 Ratings
Multi-division support9.345 Ratings00 Ratings
Regulations compliance9.341 Ratings00 Ratings
Electronic tax filing9.468 Ratings00 Ratings
Self-service portal8.869 Ratings00 Ratings
Global Financial Support8.318 Ratings00 Ratings
Primary and Secondary Ledgers8.837 Ratings00 Ratings
Intercompany Accounting8.931 Ratings00 Ratings
Localizations8.323 Ratings00 Ratings
Journals and Reconciliations9.476 Ratings00 Ratings
Enterprise Accounting8.327 Ratings00 Ratings
Configurable Accounting7.940 Ratings00 Ratings
Centralized Rules Framework8.426 Ratings00 Ratings
Standardized Processes8.652 Ratings00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
QuickBooks Online
7.6
49 Ratings
4% above category average
Veem
-
Ratings
Inventory tracking8.046 Ratings00 Ratings
Automatic reordering7.023 Ratings00 Ratings
Location management8.323 Ratings00 Ratings
Manufacturing module7.018 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
QuickBooks Online
8.4
90 Ratings
8% above category average
Veem
-
Ratings
Pricing8.056 Ratings00 Ratings
Order entry8.054 Ratings00 Ratings
Credit card processing8.666 Ratings00 Ratings
Cost of goods sold9.370 Ratings00 Ratings
Order Orchestration8.022 Ratings00 Ratings
End-to-end order visibility9.021 Ratings00 Ratings
Order exception Resolution8.019 Ratings00 Ratings
Best Alternatives
QuickBooks OnlineVeem
Small Businesses
QuickBooks Self-Employed (discontinued)
QuickBooks Self-Employed (discontinued)
Score 8.9 out of 10
Square 9 Softworks
Square 9 Softworks
Score 9.6 out of 10
Medium-sized Companies
Zoho Books
Zoho Books
Score 9.0 out of 10
Square 9 Softworks
Square 9 Softworks
Score 9.6 out of 10
Enterprises
Oracle Fusion Cloud Enterprise Performance Management
Oracle Fusion Cloud Enterprise Performance Management
Score 10.0 out of 10
Webexpenses
Webexpenses
Score 9.1 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
QuickBooks OnlineVeem
Likelihood to Recommend
8.8
(165 ratings)
-
(0 ratings)
Likelihood to Renew
1.9
(24 ratings)
-
(0 ratings)
Usability
8.9
(80 ratings)
-
(0 ratings)
Availability
2.0
(5 ratings)
-
(0 ratings)
Performance
1.0
(4 ratings)
-
(0 ratings)
Support Rating
1.1
(68 ratings)
-
(0 ratings)
Implementation Rating
3.0
(6 ratings)
-
(0 ratings)
Configurability
10.0
(1 ratings)
-
(0 ratings)
Ease of integration
1.3
(2 ratings)
-
(0 ratings)
Product Scalability
1.0
(2 ratings)
-
(0 ratings)
Vendor post-sale
1.0
(2 ratings)
-
(0 ratings)
Vendor pre-sale
1.0
(2 ratings)
-
(0 ratings)
User Testimonials
QuickBooks OnlineVeem
Likelihood to Recommend
Intuit
I appreciate the ability to auto-generate invoices for recurring transactions, which saves time, as well as the option to set up auto-generated transactions. The report option is super helpful when reviewing information, as you can click to view the details in the report without having to go back and forth.
Read full review
Veem
No answers on this topic
Pros
Intuit
  • Workflows for accounts payable invoice review are terrific.
  • Bill payment allows you to pay vendors online via ACH or check without having to write a physical check, which reduces admin time.
  • The cloud based login lends well to a remote or hybrid work environment for staff.
  • QuickBooks Online allows you to pre-configure vendors' general ledger expense accounts. This helps with general ledger coding accuracy and consistency.
  • QuickBooks Online integrates with Rippling HRIS, Coast, Capital One, JPMorgan Chase, etc., which lends well to an efficient month-end closing and reduced administrative time.
Read full review
Veem
No answers on this topic
Cons
Intuit
  • The upsells have gotten worse over time and are on every screen in the most awkward positions. I don't need a constant reminder to upgrade, especially on a very old account that's paid thousands over the years.
  • The interface has never been especially intuitive, but I was an old Quicken user and it was somewhat familiar. Over time, it's gotten worse, and in the last 2 years, the program seems to move things more often than I would expect.
  • The software constantly adds features that I don't want and want to turn off, but the interface is so difficult to use that I find myself skipping it. Imagine seeing a message that the system recognized invoices that hadn't been paid so it prepared reminder notices for you that can be sent at the click of a button. Who thinks using canned reminders that you've never seen is a good thing?
  • A lot of functionality seems to derive from connecting your bank accounts to QBO. I don't want Intuit to have an always-on connection to any bank accounts, even checking.
Read full review
Veem
No answers on this topic
Likelihood to Renew
Intuit
It like the product 'right out of the box' and I trust Intuit will continually improve it over the years based on my experience with their desktop products. The large providers of Apps makes customizing the entire package relatively easy and seamless for a wide variety of business types.
Read full review
Veem
No answers on this topic
Usability
Intuit
I had very little trouble setting up the program and migrating from our old accounting system. The daily usage is also very intuitive and easy. Anytime we run into minor trouble with the program, there are always tons of help available on YouTube, so we don't even look up the online manual anymore.
Read full review
Veem
No answers on this topic
Reliability and Availability
Intuit
We have rarely had outages in the last 10 years. I can only recall 2 times in the last 10 years where we were not able to access our client files.
Read full review
Veem
No answers on this topic
Performance
Intuit
Everything process has its bugs lately with the new interface. Nothing has worked smoothly since this all began last month.
Read full review
Veem
No answers on this topic
Support Rating
Intuit
In my experience, most representatives keep me on the phone for hours, literally, for a single issue and then usually cannot resolve it satisfactorily. I have 10 open cases that need resolution and, in my experience, there has been NO follow-up communication on any of them.
Read full review
Veem
No answers on this topic
Implementation Rating
Intuit
The person in charge of QB needs to be very accurate with record keeping and is recommended to stay on top of tasks. The biggest issue we have is reconciliation, and those issues occur only when too much time has occurred between reconciliations
Read full review
Veem
No answers on this topic
Alternatives Considered
Intuit
As a freelance bookkeeper, the Desktop version of QuickBooks Online doesn't allow for ease of access from any device. Having to be on a computer with the software downloaded creates additional work to gain access to all required filings etc. Also, I personally find the linking functionality on the Online version to be much more streamlined and user friendly.
Read full review
Veem
No answers on this topic
Scalability
Intuit
As we have grown along our professional path, we have also expanded our use of QB. The scalability is easy and features seem to be waiting for you until you need them. We have increased profits by over 10x from our first year in business to the current and have yet to find a reason to look elsewhere
Read full review
Veem
No answers on this topic
Return on Investment
Intuit
  • QuickBooks has given us a useful portal by which to get an overview of our financials.
  • QuickBooks has given us a relatively easy way to send out invoices quickly and efficiently.
  • Due to the customization limitations on QuickBooks, we've had to get creative in third-party implementations to better represent our brand and to track financials.
Read full review
Veem
No answers on this topic
ScreenShots

QuickBooks Online Screenshots

Screenshot of the accounting and bank transactions interfaceScreenshot of an overview of the accounting inventoryScreenshot of book marksScreenshot of the business tax overviewScreenshot of the customer hubScreenshot of the dashboard