The open source community offers a wide array of options to assist you, whether you're tracking your personal bank accounts, managing your small business, setting up an online shop or monitoring finances for a large enterprise.
Like much of the software industry, financial software is in the midst of great change. While many consumers and companies still use traditional software that they have installed on their PCs and/or servers, many are turning to cloud-based solutions. In addition, many users are looking for solutions that include mobile capabilities.
The same trends hold true within the open source community. Many open source financial applications are also now available for use in the cloud, and a growing number can be accessed from mobile devices. The cloud has been particularly good for open source projects because it gives them a viable way to earn money from their code, and it also appeals to end users who like the low monthly prices and the ability to access their data from any device.
This month, we've updated our list of open source software that can replace proprietary financial applications, and not surprisingly the list includes quite a few entries that are available for use in the cloud. As always, if you know of additional projects that you think should be on our list, please make a note in the comments section below.
For more, check out our ultimate open source software list.
Web-based Imperium offers customer relationship management (CRM), work orders, invoicing and accounting capabilities, and it integrates with Google services, including Calendar and Gmail. Check out the online demo to see it in action. Operating System: OS Independent
Designed for small businesses, this Web-based accounting system also includes some ERP functions like item and inventory tracking. It's available on an SaaS basis, and there is a list of partners on the site who offer related services. Operating System: OS Independent
Replaces Quicken Home and Business
This flexible accounting package tracks your small business finances with double-entry accounting, and it can also track your personal finances, including your investment accounts. It also now comes with an Android app. Operating System: Windows, Linux, OS X, Android
Downloaded more than 57,000 times, this small business accounting package also incorporates some basic ERP and CRM functionality. Several third-party vendors offer commercial support and consulting. Operating System: Windows, Linux, OS X
This accounting solution offers invoices, customizable reports, stock control, point-of-sale capabilities and much more. Because it's developed by a team in the Netherlands, much of the documentation and support is in Dutch, but English is also available. Operating System: Windows, Linux
This accounting software invites comparison to QuickBooks and Sage. Features include multi-user support, customizable invoices, point-of-sale capabilities, multi-country and multi-company support, XML import/export and more. Operating System: Windows
Web-based Argentum tracks clients and billable hours, as well as generating invoices for you each month. Installation assistance, commercial support and a hosted version are also available. Operating System: OS Independent
Downloaded more than 120,000 times, jBilling claims to be "world's leading open source enterprise billing solution." It's particularly good for subscription-based billing, and notable customers include Deutsche Telecom, Constant Contact and Rackspace. In addition to the free version, paid support and services are available. Operating System: OS Independent
Popular with small companies and non-profits, this browser-based invoicing system aims to be easy to use. Host it yourself for free or contact one of the third-party hosting providers listed on the site. Operating System: OS Independent
This invoicing app tries to be simple, straightforward, comfortable, useful, pretty, flexible, productivity-oriented, secure, supported and usable anywhere. Plenty of screenshots and a demo are posted on the site so that you can see how it works before you download it. Operating System: OS Independent
This Java-based e-commerce platform boasts a low total cost of ownership, multi-channel support and powerful features like content targeting, catalog management and more. It's available with either an open source community license or a commercial license; to download the source code, see the developer site. Operating System: Windows, Linux, OS X
This "no-frills" solution boasts easy installation and customization capabilities. It's available on an SaaS basis. Operating System: Windows
This older e-commerce platform has been around since 1995. The site features a "hall of fame" displaying various web stores powered by Interchange, as well as a list of third-party partners that will provide commercial support and services. Operating system: Linux, OS X
This award-winning shopping cart solution aims to be "feature-rich and user-friendly." Noteworthy capabilties include integrated product ratings and reviews, unlimited categories and products, multi-language and multi-currency support, automatic image resize and more. Commercial support is available from partners in numerous countries. Operating System: Windows, Linux, OS X
Based on Microsoft technologies, this Windows-only ecommerce solution includes both front-end and back-end capabilities. "Premium" support is available, and the site also lists third-party partners who offer hosting services. Operating System: Windows
16. Order Portal
Part of a complete Web Business Suite, Order Portal is designed to meet the ecommerce needs of manufacturers, value-added distributors and rental companies. The full suite adds CRM, data migration and real-time reporting capabilities. Operating System: Linux
More than 260,000 merchants use this popular ecommerce software, and it boasts more than 7,000 add-ons, offering maximum flexibility. Support is available through third-party partners. Operating System: Windows, Linux, OS X