Custom Features To Add
Income & expense reporting
Invoice management
Payment management
Tax calculation
Invoicing
General ledger
Budgeting & forecasting
System integrations
Want to develop custom accounting software? Here at Devox, we can help you create it with maximum effectiveness.
Contact us!Why Security Is a Key to Your Success
Accounting software development requires following security standards and protocols since it is crucial to protect sensitive financial and personal information for any financial app.
Multi-factor authentication
Advanced security protects sensitive information. Multi-factor authentication allows ensuring that only authorized users can access the app.
Configurable data-level permissions
Connect different environments to the master site with different data stored on it. Control the permissions and have full transparency over the permissions of your customers and staff.
Role-based access control
Set your users and employees on different permissions levels. Each user and employee will have different data segments they view and work with.
Payment data encryption
Protect the business information from being stolen. We provide you with different tools to achieve the highest results from the top-5 list including Folder Lock, Nord Locker, and AxCrypt.
Customer data retention and deletion policies
Customers’ data will be deleted after the retention time frame is achieved. Get enhanced security, as sensitive data won’t be stored on the servers after the set time frame.
Industry Regulations to Follow
- GAAP
- IFRS
- SOX
- PCAOB
- ISA
- PCI DSS (SDP, CISP, AIS)
- GDPR
- PA-DSS
- ePrivacy
- Central Limit Order Book (CLOB)
- IOI/RFQ/Quote (Negotiation)
- EMV
- SES
- QES
- AES
- eIDAS
- SEPA
- PAdES
- AES-XTS
- NIST
- AMLD
- MiFID II
- PSD2
- MiFIR
- AML/CFT
Services We Offer
General ledger management
We can assist in developing a general ledger management software. It allows for recording, classifying, and summarizing financial data to create accurate financial statements. With this service, you can ensure accurate and secure storage for your customers’ data and contribute to the transparency of financial transactions.
- Recording transactions
- Categorizing transactions
- Reconciling accounts
- Generating financial statements
Accounts payable and receivable
Accounts payable and accounts receivable are two different processes in accounting operations. They are the processes of managing and tracking the company’s invoices and payments owed to the company by customers. We can create custom accounting software that will help you automate the management behind those processes.
- Transaction recording
- Maintaining cash flows
- Invoicing
- Payment monitoring
Invoicing and billing
Create and deliver invoices, as well as bill your customers to track the payments. Devox team can create a software solution to generate accurate invoices and bills, manage customer relationships, collect payments on time, and remain secure with your users’ finances.
- Invoice generation
- Payment tracking
- Automatic notifications
- Reports creation
Financial reporting
Our accountant software developers can integrate a custom-tailored API to create and distribute reports on your funds. Exceeding and variating functionality allows for including income statements, balancing sheets, and forming cash flow statements in each report. A vast number of details contributes to accurate insight into the company’s funds and budgets.
- Income statement
- Balance sheet
- Cash flow statement
- Statement of changes in equity
Budgeting and forecasting
We focus on building budgeting and forecasting solutions for you to enable customers to set financial goals, even if the world seems much less on the predictive side. This way, such software can help in risk mitigation and precise decision-making.
- Financial goals setting
- Expected revenue estimation
- Resources allocating
- Potential risks identification
Payroll management
Our team can assist in building payroll management software. Calculate and distribute employee paychecks, and manage tax withholdings with the payroll management software. Comply with taxes and give timely payments, keeping your employees satisfied, motivated, and highly productive.
- Collecting information
- Payments calculation
- Taxes calculation
- Records maintaining
Cash flow management
We are experienced in developing various systems, including cash flow management tools. Track and manage the inflows and outflows of cash in a business. With detailed cash needs forecasting, you can provide your business with financial stability. Meet financial obligations, make investment decisions, and maintain profitability.
- Cash flow forecasting
- Balance monitoring
- Flow optimization
- Cash management
Audit trails and control
During accounting software development, we create systems ready for audit trials. An audit trail allows monitoring and recording of all alterations made to financial data. Keep track of the audit trail of all financial transactions and implement internal controls for risk mitigation and fraud prevention.
- Transaction recordings
- User access controls
- Real-time reporting
- Compliance monitoring
Ready to start accounting software development? Devox Software is ready to help!
Book a consultation with us!We Take Accounting Software Development Process Off Your Shoulders
We follow the Software Development Lifecycle (SDLC) to ensure development flexibility. The step-by-step process allows for setting clear goals and deadlines and delivering a superior-quality product quickly.
Validate
- Clearing out the project ideas
- Defining project requirements
- Complying with industry regulations
- Getting the rough estimate
Plan
- Conducting a risk assessment
- Figuring out the development time
- Setting deadlines
- Getting the detailed estimate
Design
- Analyzing the competitors’ solutions
- Creating the visual concept
- Preparing the brand book
- Creating the design app screens
Develop and Test
- Building an app architecture
- Integrating required features
- Finding and fixing bugs
- Ensuring the app meets requirements
Assess Security
- Checking app compliance
- Testing multi-factor authentication
- Undergoing penetration testing
- Examining data protection
Deploy and Maintain
- Publishing the app
- Delivering software
- Supporting the product
- Improving software
Our Clients
Technologies we Use
- Front-end technologies
- Back-end technologies
- DevOps technologies
Case Studies
Function4
Event Management Platform, USA
Function4 is a USA-based professional event ecosystem that offers a simple, user-friendly discovery venue for the financial services sector. The enterprise event management software features a single, real-time dashboard with zero setup for event attendees, hosts, and sponsors. Function4 also provides discovery, data, and tools to help the right people discover the right events.
ActivePlace
Wellness social network and media platform with a marketplace feature, Australia
ActivePlace is a social platform dedicated to health, fitness, and an active lifestyle. It is a three-sided network that connects people with like-minded individuals, mentors, and businesses – all related to physical activity and healthy living. The company approached the development team to create a wellness app that would cater to different categories of users and provide personalized functionality to each member group. The main goal was to build a unique project from scratch that combined social media and marketplace features.
ILVE
Multifunctional showroom assistant for world known kitchen appliances manufacturer, Australia.
ILVE is a global manufacturer of gas and electric household cooking appliances with a reach across 40 countries worldwide. Since 1975, the company has been known as a niche brand specializing in developing an extensive range of built-in ovens and cookers for both commercial and domestic use. ILVE was looking to create a showroom assistant to increase the level of sales and make it smooth for the end client. Besides the end client-facing part, a variety of managerial dashboards were created to allow sales consultants and business managers to execute their functions and have everything controlled in one place.
Testimonials Client
The solutions they’re providing is helping our business run more smoothly. We’ve been able to make quick developments with them, meeting our product vision within the timeline we set up.
Listen to them because they can give strong advice about how to build good products.
We are a software startup and using Devox allowed us to get an MVP to market faster and less cost than trying to build and fund an R&D team initially. Communication was excellent with Devox. This is a top notch firm.
Their level of understanding, detail, and work ethic was great. We had 2 designers, 2 developers, PM and QA specialist. I am extremely satisfied with the end deliverables. Devox Software was always on time during the process.
We get great satisfaction working with them. They help us produce a product we’re happy with as co-founders. The feedback we got from customers was really great, too. Customers get what we do and we feel like we’re really reaching our target market.
I’m blown up with the level of professionalism that’s been shown, as well as the welcoming nature and the social aspects.
Devox Software is really on the ball technically.
Great job! We met the deadlines and brought happiness to our customers. Communication was perfect. Quick response. No problems with anything during the project. Their experienced team and perfect communication offer the best mix of quality and rates.
The project continues to be a success. As an early-stage company, we're continuously iterating to find product success. Devox has been quick and effective at iterating alongside us. I'm happy with the team, their responsiveness, and their output.
We hired the Devox team for a complicated (unusual interaction) UX/UI assignment. The team managed the project well both for initial time estimates and also weekly follow-ups throughout delivery. Overall, efficient work with a nice professional team.
Their intuition about the product and their willingness to try new approaches and show them to our team as alternatives to our set course were impressive. The Devox team makes it incredibly easy to work with, and their ability to manage our team and set expectations was outstanding.
Devox is a team of exepctional talent and responsible executives. All of the talent we outstaffed from the company were experts in their fields and delivered quality work. They also take full ownership to what they deliver to you. If you work with Devox you will get actual results and you can rest assured that the result will procude value.
The work that the team has done on our project has been nothing short of incredible – it has surpassed all expectations I had and really is something I could only have dreamt of finding. Team is hard working, dedicated, personable and passionate.
I have worked with people literally all over the world both in business and as freelancer, and people from Devox Software are 1 in a million.
Questions You May Have
What is accounting software development?
Accounting software development is a full-cycle software development from scratch tailored to your business needs specifically. Our team works carefully with the data you provide us to create a solution that will contribute to your end goal, prompt your customers to use your services, and correspond with your business requirements.
What are the types of accounting software?
There are several types of accounting software, some examples include the following:
- General accounting software
- Payroll software
- Tax preparation software
- Invoicing software
- Non-profit accounting software
How much does it cost to develop custom accounting software?
Accounting software development prices vary from case to case. It is an investment and should be seen as an input aimed at further enhancing the profitability of your business. If you’re looking for a more detailed quota, you should contact us and get on a consultation. To cut costs, you can try out some standard methods like starting out with an MVP.
Which tech stack can you offer for my accounting software solution?
We follow a single-page application approach and RESTful services. Our key technologies are Angular, React, and Vue.js for front-end development; .NET, Node.js, Java, PHP, and Python are used for back-end solutions. But each business is unique and if you need any custom solution, we’d be glad to discuss it with you.
How long does it take to develop accounting software?
The accounting software development time depends on the features and app complexity. It’s better to share your idea with an experienced development team to get a rough estimate of the time required to build your tax software solution.
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Share your project idea and get a free consultation with our development team. We’ll contact your back within 24 hours. It’s free!