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Eleven description
Eleven is a cloud-based accounting software designed for accounting firms of all sizes. It offers a comprehensive suite of features, including general ledger, accounts receivable, accounts payable, bank reconciliation, and financial reporting. What sets Eleven apart is its AI-powered automation for tasks such as data extraction from invoices and bank statements. This allows accounting teams to streamline workflows and focus on higher-value activities. Eleven also boasts a multi-company and multi-currency interface, making it suitable for firms managing clients across different regions. With a transparent, per-accountant pricing model, Eleven aims to support the growth of accounting firms by providing a scalable solution without per-client fees or feature limitations.
Who is Eleven best for
Eleven is a cloud-based accounting software ideal for accounting firms looking to automate tasks such as invoice and bank statement processing. Users praise Eleven's user-friendly interface and robust automation features. Some users note occasional data capture errors with poor internet connectivity. With multi-company and multi-currency support, Eleven caters to firms managing diverse client portfolios.
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Best fit for small to medium-sized accounting firms.
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Ideal for firms in finance, retail, e-commerce, and other service-based industries.
Eleven features
| Supported Eleven supports standard financial reports, including balance sheets and P&L. |
| Supported Eleven supports general ledger, enabling users to record and track financial transactions. |
| Supported Eleven supports creating and managing journal entries. |
| Supported Bank reconciliation is supported and can import bank statements. |
| Supported Eleven automates data imports from various sources like invoices, bills, and bank statements. |
| Supported Eleven uses AI to extract data from invoices, bank statements, PDFs, and images. |
| Supported Eleven supports multiple companies and over 170 currencies. |
Eleven reviews
We've summarised 102 Eleven reviews (Eleven Capterra reviews and Eleven G2 reviews) and summarised the main points below.
- AI-powered voice generation is very human-like.
- User-friendly interface, easy to learn and navigate.
- Automates time-consuming tasks like invoice creation and bookkeeping.
- Excellent customer support, responsive and helpful.
- Handles multi-currency transactions effectively.
- Limited emotional range in AI voice generation.
- No built-in payroll application; requires third-party API integration.
- Lacks inventory management features.
- Some data capture errors occur with poor internet connectivity.
Eleven pricing
The commentary is based on 5 reviews from Eleven Capterra reviews.
Eleven is praised for its affordability, especially for small businesses and individuals. Users highlight its cost-effectiveness and value-for-money pricing model, with some appreciating the per-user pricing structure that facilitates cloud migration for clients of all sizes.
See the Eleven pricing page.
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Eleven has a free trial.
Grow
Includes 2 users, 1 full and 1 read only access. Includes 500 transactions/year with the option to add more as needed.
Enterprise
Unlimited transactions. Includes analytical accounting, analysis accounting, roles and access rights, excel and power BI API. Customizations and custom integrations are available.
Eleven alternatives
Zoho BooksBetter for small to medium businesses, freelancers, and entrepreneurs. Integrates with other Zoho products. Has more momentum currently. Offers a free plan.Read more
JazBetter for business owners, accountants, and finance teams. Has a free plan and is growing faster than Eleven. Offers real-time reporting.Read more
TPS Cloud AxisMore focused on practice management for accounting firms. Has stronger website traffic growth.Read more
QuickBooks OnlineBetter for small to medium businesses needing basic accounting. Lacks AI-powered automation and multi-company support. More affordable, but users report reliability and customer service issues. A popular QuickBooks Online alternative.Read more
infloBetter for audit management. Is growing faster in terms of website traffic and employee growth. Serves accounting and auditing firms.Read more
CraftybaseBetter for product businesses focused on inventory management. Primarily for manufacturing and retail, and integrates with e-commerce platforms. More expensive, with negative pricing sentiment. Easier to use, but less reliable.Read more
Eleven FAQ
What is Eleven and what does Eleven do?
Eleven is cloud-based accounting software with AI-powered automation for tasks like data extraction from invoices and bank statements. It offers features such as general ledger, accounts receivable, and financial reporting, supporting multiple companies and currencies. Eleven is designed for accounting firms of all sizes.
How does Eleven integrate with other tools?
Eleven integrates with third-party applications via API. While it lacks built-in payroll, it supports integration with external payroll providers. Some users have reported data capture errors with poor internet connectivity.
What the main competitors of Eleven?
Alternatives to Eleven include Zoho Books, Jaz, QuickBooks Online, TPS Cloud Axis, Inflo, and QuickBooks Desktop Enterprise. These competitors offer similar features such as accounting automation, financial reporting, and multi-currency support.
Is Eleven legit?
Eleven appears to be a legitimate accounting software. User reviews on platforms like G2 and Capterra are overwhelmingly positive, praising its AI-powered automation and user-friendly interface. However, potential users should note some limitations, such as the lack of built-in payroll functionality.
How much does Eleven cost?
Eleven's Grow plan is $25 per month for 2 users and 500 transactions per year. Their Enterprise plan pricing is custom and tailored to specific business needs. Is Eleven worth the product pricing? A free trial is available to help determine if it's right for you.
Is Eleven customer service good?
Eleven's customer support receives overwhelmingly positive feedback. Users describe the support team as "very supportive," "responsive," "quick," helpful, and readily available. Many users highlight the excellent customer service as a key strength.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.