Verito

Here is Verito in plain terms. Cloud Hosting Provider. Put simply, it is about recording transactions, reconciling banks and producing financial statements.

Who is it for? Mostly small businesses and their accountants. They also list Accounting, Cloud Computing, Cloud Data Services and Virtual Desktop, so expect those to show up in the feature set. They are a small team, 11 to 50 people, which usually shapes who they work with. You will probably talk to the people who build it, which is great until you need 24/7 support.

Verito is based in Wilmington, Delaware and founded in 2016. More on verito.com.

Before you commit, look at bank feeds, multi-entity support, and accountant access. Get the renewal terms in writing before the first invoice.

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