PaySimple vs. QuickBooks Online

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
PaySimple
Score 3.0 out of 10
N/A
PaySimple is a payment gateway software solution offered by PaySimple.
$59.95
per month
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
Pricing
PaySimpleQuickBooks Online
Editions & Modules
Subscription
$59.95
per month
Simple Start
$38
per month
Essentials
$75
per month
Plus
$115
per month
Advanced
$275
per month
Offerings
Pricing Offerings
PaySimpleQuickBooks Online
Free Trial
YesYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
PaySimpleQuickBooks Online
Features
PaySimpleQuickBooks Online
Payment Gateways
Comparison of Payment Gateways features of Product A and Product B
PaySimple
1.0
Ratings
152% below category average
QuickBooks Online
-
Ratings
Fraud Detection1.00 Ratings00 Ratings
API or SDK1.00 Ratings00 Ratings
Recurring Payment Support1.00 Ratings00 Ratings
Billing and Invoicing Support1.00 Ratings00 Ratings
Global Support1.00 Ratings00 Ratings
Payment Form Acceptance1.00 Ratings00 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
PaySimple
-
Ratings
QuickBooks Online
8.4
Ratings
8% above category average
Pay calculation00 Ratings7.60 Ratings
Benefit plan administration00 Ratings7.00 Ratings
Direct deposit files00 Ratings9.00 Ratings
Salary revision and increment management00 Ratings9.00 Ratings
Reimbursement management00 Ratings9.40 Ratings
Customization
Comparison of Customization features of Product A and Product B
PaySimple
-
Ratings
QuickBooks Online
8.3
Ratings
8% above category average
API for custom integration00 Ratings8.70 Ratings
Plug-ins00 Ratings8.00 Ratings
Security
Comparison of Security features of Product A and Product B
PaySimple
-
Ratings
QuickBooks Online
9.7
Ratings
15% above category average
Single sign-on capability00 Ratings9.60 Ratings
Role-based user permissions00 Ratings9.70 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
PaySimple
-
Ratings
QuickBooks Online
8.2
Ratings
4% above category average
Dashboards00 Ratings8.60 Ratings
Standard reports00 Ratings8.30 Ratings
Custom reports00 Ratings7.60 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
PaySimple
-
Ratings
QuickBooks Online
8.6
Ratings
10% above category average
Accounts payable00 Ratings9.20 Ratings
Accounts receivable00 Ratings9.40 Ratings
Cash management00 Ratings8.80 Ratings
Bank reconciliation00 Ratings9.20 Ratings
Expense management00 Ratings8.80 Ratings
Time tracking00 Ratings6.90 Ratings
Fixed asset management00 Ratings8.20 Ratings
Multi-currency support00 Ratings7.00 Ratings
Multi-division support00 Ratings9.20 Ratings
Regulations compliance00 Ratings9.30 Ratings
Electronic tax filing00 Ratings9.40 Ratings
Self-service portal00 Ratings8.80 Ratings
Global Financial Support00 Ratings8.20 Ratings
Primary and Secondary Ledgers00 Ratings8.80 Ratings
Intercompany Accounting00 Ratings8.80 Ratings
Localizations00 Ratings8.20 Ratings
Journals and Reconciliations00 Ratings9.40 Ratings
Enterprise Accounting00 Ratings8.20 Ratings
Configurable Accounting00 Ratings7.80 Ratings
Centralized Rules Framework00 Ratings8.40 Ratings
Standardized Processes00 Ratings8.50 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
PaySimple
-
Ratings
QuickBooks Online
7.5
Ratings
2% above category average
Inventory tracking00 Ratings8.00 Ratings
Automatic reordering00 Ratings7.00 Ratings
Location management00 Ratings8.20 Ratings
Manufacturing module00 Ratings7.00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
PaySimple
-
Ratings
QuickBooks Online
8.4
Ratings
8% above category average
Pricing00 Ratings8.00 Ratings
Order entry00 Ratings8.00 Ratings
Credit card processing00 Ratings8.60 Ratings
Cost of goods sold00 Ratings9.30 Ratings
Order Orchestration00 Ratings8.00 Ratings
End-to-end order visibility00 Ratings9.00 Ratings
Order exception Resolution00 Ratings8.00 Ratings
User Ratings
PaySimpleQuickBooks Online
Likelihood to Recommend
3.0
(0 ratings)
8.8
(0 ratings)
Likelihood to Renew
-
(0 ratings)
1.9
(0 ratings)
Usability
-
(0 ratings)
8.8
(0 ratings)
Availability
-
(0 ratings)
2.0
(0 ratings)
Performance
-
(0 ratings)
1.0
(0 ratings)
Support Rating
-
(0 ratings)
1.1
(0 ratings)
Implementation Rating
-
(0 ratings)
3.0
(0 ratings)
Configurability
-
(0 ratings)
10.0
(0 ratings)
Ease of integration
-
(0 ratings)
1.3
(0 ratings)
Product Scalability
-
(0 ratings)
1.0
(0 ratings)
Vendor post-sale
-
(0 ratings)
1.0
(0 ratings)
Vendor pre-sale
-
(0 ratings)
1.0
(0 ratings)
User Testimonials
PaySimpleQuickBooks Online
Likelihood to Recommend
We're a marketing agency and it's worked perfectly for our recurring payment retainers (same amount each month).
It would also work well for a company with a set product line up or a company that wants a more traditional "store" setup.
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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.
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Pros
  • Their Support is very responsive and helpful. Any time that I have had trouble understanding an email I received from Pay Simple or how to update something on an invoice, I have used the chat feature. The agents are quick and provide great step by step instructions to assist. If they did not have a solution, they assured me it would be submitted as a request to development or let me know when it would be coming.
  • I love the ease of initially beginning/charging a payment (either one time or recurring). It is not time-consuming and is very straightforward which is helpful when entering multiple new payments a day. Everything I need to enter a new payment is directly on the home screen and easy to find.
  • I appreciate the clean layout of the homepage.
Read full review
  • It enables me to do a P&L for each specific program as requested by the county for the grant money that they give us.
  • It enables me to do [an] organizational budget as well as a budget for each specific program
  • It enables the accountant and the auditor access at any time for transparency
Read full review
Cons
  • More proactive and empowering role in merchant fee's and alternative processors. Transparency is challenging in understanding Paysimple's role and relationship to the processors.
  • Identifying areas for further value to clients.
  • More targeted small to mid-size business perspective to anticipate growth challenges and prevent blocks on funds for legitimate sales and growth.
Read full review
  • Purchase Orders cannot be linked to multiple bill payments which makes tracking purchase orders in QuickBooks Online obsolete. Without the function we have to track this within a different more manual spreadsheet.
  • Would be helpful if you could "split" bank transactions directly from the "review" downloads from the bank. Currently, to split transactions to multiple accounts we need to first categorize, then review after assigning to 1 account.
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Likelihood to Renew
No answers on this topic
QBO needs better integration with non-Intuit products and developers need to use Intuit's open API to develop better add-ons. Clients are having a great deal of problems with their data importing from the bank and this takes time away from better revenue producing activities. Although the efficiencies are there, they are outweighted by the shortcomings of the product. When we ran a parallel of QBO versus other cloud accounting products, we had more issues with the QBO product than any other
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Usability
No answers on this topic
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.
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Reliability and Availability
No answers on this topic
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.
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Performance
No answers on this topic
Everything process has its bugs lately with the new interface. Nothing has worked smoothly since this all began last month.
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Support Rating
No answers on this topic
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.
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Implementation Rating
No answers on this topic
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
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Alternatives Considered
I found PaySimple through another company. They offered integrated platforms for invoicing and follow-up questionnaires with our clients. I would never recommend PaySimple to a friend. In my experience, customer service could care less about helping you with a simple name change or becoming PCI compliant. The overall cost to our company became unbearable.
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QuickBooks Online is an accounting software package that allows companies to use a cost-effective and efficient software package. QuickBooks Online allows companies to prepare their balance sheets and income statements. It connects with a variety of other applications, which allows you to be efficient. We are very pleased with QuickBooks Online, and we would highly recommend it.
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Scalability
No answers on this topic
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
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Return on Investment
  • Because we've got a really awesome rate with them it's definitely a positive ROI. I can't say what that figure is but it's pretty good. Also, our customers have a huge ROI over their prior way of getting payment from their customers.
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  • I think the help function is cumbersome and hard to use. When I go to refresh myself on a function, say quarterly, I feel like I have to cast about just looking for it.
  • The account reconciliation works, but in this place that could benefit from messaging, there are no easy helping functions flagging things like amounts that fit the discrepancy.
  • Even styling invoices and documents is more cumbersome than it should be.
Read full review
ScreenShots

PaySimple Screenshots

Screenshot of PaySimple DashboardScreenshot of Online InvoicesScreenshot of Web Payment FormsScreenshot of Point of Sale (POS)Screenshot of Mobile AppScreenshot of Collect payments on the go.

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