Top Cloud-Based Project Management Software for Accountants

Cloud-based project management tools have become essential in modern accounting. Juggling client work, tracking billable hours, and staying on top of deadlines are all critical tasks for accountants, and project management software can make these processes a breeze. But which tool is the right fit?

The ideal project management software for accountants should facilitate seamless collaboration, automate repetitive tasks, and provide robust time-tracking capabilities—all while ensuring compliance with industry regulations.

Finding the right solution can transform your practice and keep it on track for success.

Accountants’ Need for Tailored Cloud-Based Tools 

Accountants face unique challenges that general project management tools often can't address, such as managing diverse client needs, ensuring compliance, and meeting tight deadlines. A specialized solution is crucial for adapting to different workflows and handling time-sensitive tasks efficiently.

Cloud-based accounting project management software offers key advantages, including easy access from anywhere, real-time collaboration, and scalability to accommodate growing firms. These features streamline workflows, improve communication, and ensure compliance, helping accountants stay organized and meet client expectations without additional hardware or costly investments.

Leading Cloud-Based Project Management Software for Accountants

Accounting firms require project management software that caters specifically to their operational needs. Here’s a look at some of the top tools:

Mango Practice Management

Mango leads the pack in cloud-based accounting project management software. Built by accountants for accountants, Mango understands the unique challenges accounting firms face and offers an all-in-one solution designed to address them.

Key Features

• Billing & Time Tracking: Mango’s Time & Billing tool outshines competitors by reducing duplicate data entry, ensuring accuracy, and providing insights into your most profitable clients.
• Client Collaboration: A secure client portal enables document sharing and communication, streamlining interactions and making sure nothing gets lost in the shuffle
• Automated Workflows: Mango’s workflows take repetitive tasks off your plate, letting you spend more time on critical work
• Ongoing Support: Mango offers weekly training sessions and U.S.-based support to ensure that your team gets the most from the software

Pros and Cons

Pros:

• Billing and time tracking are fully integrated, making it easy to monitor productivity and profitability
• User-friendly interface, tailored for the accounting profession, reduces set-up time and training
• Mango’s client collaboration tools keep everything in one secure place, creating an efficient, all-in-one workspace for client management

Cons:

• While Mango provides robust accounting-focused features, firms seeking extensive customization options. Nonetheless, its user-friendly design and ready-made functionalities make it an excellent fit for accounting workflows and simplified project management.

2. Karbon

Karbon is a well-known tool in accounting circles, particularly for its collaborative team features. It offers email integration, which helps accountants stay organized and communicate with clients directly within the platform.

Key Features

• Task Management: Karbon offers a system that allows users to create, assign, and track tasks across the entire team
• Collaboration: Advanced collaboration tools centralize client communication, work, and files
• Email Integration: Karbon integrates with popular email providers, allowing users to manage all their client communication in one place

Pros and Cons

Pros:

• Strong emphasis on team collaboration and email integration
• Centralized data management

Cons:

• Limited billing functionality, requiring add-ons or separate software for time tracking and invoicing

In contrast, Mango’s fully integrated Time & Billing tool is best-of-breed, offering unmatched functionality. It eliminates duplicate data entry, ensures accuracy, and delivers valuable insights into your most profitable clients—all within a single platform.