Top Accounting Software for 2025: What do accountants and accountancy firms need to know?

The accounting landscape is evolving rapidly. Advances in automation and AI are improving efficiency across bookkeeping and financial administration, but they are also exposing a growing gap between traditional accounting software and modern compliance requirements.

Most accounting platforms are designed to manage financial records, invoicing, and tax calculations. They perform these tasks well. However, they were not built to handle today’s regulatory complexity, such as large-scale onboarding, identity and entity verification, multi-jurisdiction reporting, or continuous compliance monitoring.

Tools like QuickBooks, Xero, FreshBooks, Sage, and Zoho Books are widely used by small and growing businesses to manage day-to-day accounting activities. These systems form the financial backbone of many organisations, but compliance obligations increasingly extend beyond what accounting software alone can support.

This is where Supplied fits in.

Supplied is not an accounting tool. It is a compliance infrastructure platform that complements existing accounting systems by handling the operational and technical execution of regulatory requirements. Supplied enables firms and their clients to manage:

• KYC / KYB onboarding and verification
• Automated, AI-assisted data collection and enrichment
• Regulatory reporting across frameworks such as DAC7, DSA, VEDA, and equivalent regimes
• Audit-ready data histories and corrections
• Scalable, repeatable compliance workflows across clients and jurisdictions
  

At Supplied, we work alongside accounting firms rather than replacing their tools or expertise. Our infrastructure integrates with existing accounting and finance systems, allowing firms to standardise compliance delivery, reduce manual work, and scale regulatory services without increasing risk or headcount.

By combining accounting software with dedicated compliance infrastructure, firms can improve operational efficiency, reduce errors, and deliver consistent, high-quality outcomes for their clients, even as regulatory demands continue to grow.

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