Financial Cents vs Canopy
Financial Cents is an easy-to-use practice management software for accounting, tax and bookkeeping firms that provides you with all you need to gain visibility into your firm, automate your workflows, track and manage tasks, communicate and collaborate with your team, manage clients and hit your deadlines with ease.
Nat Valentin Heaney
Valentin Accounting & Tax
Financial Cents vs Canopy features compared
Financial Cents
Canopy
Features
| Workflow Automation |  | Limited |
| Document Management | | |
| Billing & Invoicing | | |
| Proposals & Engagement Letters | | |
| Client Portal | | |
| Firm-branded client portal with custom URL | | |
| E-signature | | |
| Manage uncategorized transactions | |  |
| Zapier integration | | |
| Automated client requests & reminders | | |
| Integrated email (Gmail & Outlook) | | |
| QuickBooks integration | | |
| SmartVault Integration | | |
| Google Drive Integration | | |
| OneDrive Integration | | |
| Capacity Planning | | |
| Open API | | |
| Robust reporting | | |
| Workflow Templates | | |
| Community template library | | |
| Workflow templates AI | | |
| Email templates AI | | |
| Team Chats | | |
| Comments and @mentions on tasks and projects | | |
| CRM | | |
| Secure file storage | | |
| Time Tracking | | |
Why users love us ❤️
For all firms
Canopy is built specifically for tax firms. Their system enables tax professionals to manage tax preparation, tax resolution and their practice in one place. It’s a good fit if your firm focuses on taxes alone.
Financial Cents on the other hand is a comprehensive practice management software built to meet the needs of accounting, bookkeeping and tax firms. Our solution equips you with tools to streamline work, improve productivity and grow their business, regardless of your niche!
“Streamlining Bookkeeping to leave room for more Advisory
I don’t have to chase clients nearly as much with their to-do lists and client portals set up. They can ask questions, and I can add accountability tasks for clients for them to be reminded automatically, and everything is pretty customizable – including the reminder emails.”
Danielle M
A more complete workflow
Financial Cents provides you with powerful workflow management and automation features to help you get work done.
Our workflow management features include a workflow dashboard that gives you visibility to track work in your firm and ensure you never lose sight of anything; workflow automation to help you automate repetitive and manual tasks to free up your time for more billable tasks; automated client requests to help you get information from clients quickly, saving you time and effort; an easy-to-use client portal and more.
A major part of Canopy’s focus is tax, which makes its workflow management and automation system limited.
“Overall, I can’t praise it [Financial Cents] enough. And I’m very picky about software. I’ve tried about 5 different client management software and this one is the best. It is pricier than others. However, if you take into account the 25 hours a month it saves me. Overall, it’s saving me money. IMO .. the features don’t compare with other CRMs for accountants.”
Stephanie W
Simple pricing. More value for money
Financial Cents pricing plans are straightforward. We have two pricing plans, the Team plan and the Scale plan, each plan gives you access to powerful practice management features that suit your firm’s needs, regardless of the number of clients you serve. The team plan which is priced at $49/month per user (billed annually) provides you with access to workflow automation, workflow and to-do lists, client portal, document management, client CRM & database, e-signature, time tracking, billing & invoicing, email integration, quickbooks integration and more. The Scale plan priced at $69/month per user (billed annually) has more automation features, integrations and customizations.
This means you won’t have to worry about hidden fees or constantly upgrading your plan as your business grows.
Canopy’s pricing is complex and to access certain features such as workflow management, document management and time and billing, you have to pay an additional fee for each feature per user/per month.
“I love that it took little to no effort to understand, all of the intro videos were so helpful. They got me started on the right path. I love that it is like taking my brain and putting it into order. It helps me get/stay organized.”
Jill B
Financial Cents vs Canopy Pricing
Financial Cents has four plans – Solo plan, Team plan, Scale plan and the Enterprise plan.
The Solo Plan is perfect for solo accountants and bookkeepers who want a simple way to stay organized, manage client work, and never miss a deadline. It includes features like workflow management, time tracking, invoicing & billing, client portal & client tasks. It costs $19/month – billed annually.
The Team plan includes all you need to hit your client deadlines with more visibility, collaboration and organization. It costs $49/month per user – billed annually and $69/month per user month – billed monthly.
The Scale plan has more advanced features such as the branded client portal, auto-follow ups for client tasks and more. It costs $69/month per user – billed annually and $89/month per user month – billed monthly.
The Enterprise Plan provides advanced support, security, and customization for large firms. It includes everything in the Scale Plan, plus enhanced security, custom permissions, webhooks, priority support, premium training, and a dedicated success manager. Contact sales for custom pricing.
Learn more about our pricing plans
Dependant on the features and number of clients.
Standart Plan
- Workflow – $35/month per user
- Document management – $40/month per user
- Time and billing – $25/month per user
- You get 250 clients for free. Additional costs once your clients list is more than 250.
Pro Plan
- Workflow – $45/month per user
- Document management – $40/month per user
- Time and billing – $35/month per user
- You get 250 clients for free. Additional costs once your clients list is more than 250.
*There are add-ons that you may have to pay for depending on your firm’s choice.
Loved by over 10,000 accountants, bookkeepers and CPAs
Frequently asked questions
Yes, you will have access to all the features and features that Financial Cents has to offer during your free trial. Also, you will be able to invite your entire firm to use the solution.
We offer a very robust accounting workflow software full of all of the features your firm needs to grow with ease. However, if there is something we don’t offer, you can recommend it to our team! We release new features every week and constantly ask our users what we need to build next so we can drive more value for their accounting firm.
So yes, if you have new feature ideas and requests, we will add them to our roadmap and work with you on the best way to develop them.
Financial Cents makes it easy to track the status of client work, see who’s working on what, and know where everything stands within one simple view. Financial Cents also has built-in reminders and notifications to keep your team on top of client work and deadlines.
We focus on serving accounting firms, and because of that, the security of your data is our number one focus. You read about how we keep your data safe here.
Offering best-in-class customer support is the core of our business. We understand that you are busy and don’t have time to wait for someone to get back to you after a few hours. That is why we promise quick and responsive support with responses within 15 minutes. We offer live chat support directly inside the app so our team can. If we can’t solve your issue via chat, we will jump on the phone or zoom to quickly resolve your issues.
Adding your clients is as easy as 1, 2, 3. You can import all your clients and their data within 30 seconds with our QuickBooks Online integration. If you don’t use QuickBooks Online then you can export your client list (via CSV) from your current software and import it into our system in just a few steps.
Our system allows you to send your clients automated requests for data needed to complete your work. It will also follow up with them until they complete the request, so you never have to chase down your clients again. This allows you to focus on what matters most—getting your work done on time and growing your firm.
We offer several reports that give you insights that help you identify bottlenecks in your process, drive efficiencies, and boost your firm’s profitability. Some of those reports include capacity management, measuring your effective hourly rate, and time tracking reports.
Yes, we offer unlimited storage for client and firm files. You can easily store all your documents in Financial Cents to keep your firm organized as it grows.
Yes, you can easily integrate your time tracking with QuickBooks Online. It will automatically push all the time tracked in FC to QuickBooks Online so you can easily invoice your clients and manage payroll.
Get Started Today
Many of the other tools are poor at managing updates and bugs. Some use subcontracted developers, providing real client data samples. Others have suffered breaches without proper notifications.
Of the pre-built systems out there, I do think Financial Cents has a solid offering.
One of my top goals is to make the process easier for clients. Glad I made the switch!
Many of the other tools are poor at managing updates and bugs. Some use subcontracted developers, providing real client data samples. Others have suffered breaches without proper notifications.
Of the pre-built systems out there, I do think Financial Cents has a solid offering.
One of my top goals is to make the process easier for clients. Glad I made the switch!
If you’re not using this feature, I highly recommend it! Remembering to follow up with clients can be a serious bottleneck and I love how this solved that problem!
If you’re not using this feature, I highly recommend it! Remembering to follow up with clients can be a serious bottleneck and I love how this solved that problem!