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QBO vs ThoughtSpot comparison

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Comparison Buyer's Guide

Executive SummaryUpdated on Jan 1, 2025

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Categories and Ranking

QBO
Ranking in BI (Business Intelligence) Tools
46th
Average Rating
8.8
Reviews Sentiment
7.3
Number of Reviews
6
Ranking in other categories
No ranking in other categories
ThoughtSpot
Ranking in BI (Business Intelligence) Tools
5th
Average Rating
8.0
Reviews Sentiment
6.7
Number of Reviews
21
Ranking in other categories
Data Visualization (7th), Embedded BI (2nd)
 

Mindshare comparison

As of November 2026, in the BI (Business Intelligence) Tools category, the mindshare of QBO is 0.5%, up from 0.5% compared to the previous year. The mindshare of ThoughtSpot is 1.7%, up from 1.5% compared to the previous year. It is calculated based on PeerSpot user engagement data.
BI (Business Intelligence) Tools Mindshare Distribution
ProductMindshare (%)
ThoughtSpot1.7%
QBO0.5%
Other97.8%
BI (Business Intelligence) Tools
 

Featured Reviews

Mimi Evans - PeerSpot reviewer
Owner/Operator at Fearless Bookkeeping Services LLC
Offer great partnership models and relatively simple to use
My only issue with QuickBooks Online is their inventory capabilities. My understanding is that they're rolling out improvements in 2023, but anytime a person asks me about using QuickBooks Online and inventory, then I always recommend the desktop version because otherwise the functionality isn't great. They're trying to become the all-in source that we use for everything. However, the product lakcs a client portal, a feature that would make a huge difference. I'm an accountant and if I can't use it well, I can't train my customers to use it well. There are so many professional service companies that would love to be able to offer a client portal of some sort but they're so industry-specific or they're outrageously expensive because they're meant for enterprise level. I don't like the UI or the functionality of their cash flow planner. I would rather pay for another software than use theirs.
Purity Wairimu - PeerSpot reviewer
Financial Analyst at Nestlé
Self-service analytics has empowered teams and now drives faster data-driven decisions
I have an experience of four years using ThoughtSpot. ThoughtSpot is very easy to use. Even non-technical users find it very easy to use and user-friendly. Some of the best features ThoughtSpot offers are innovation, ease of use, and data analytics. Reporting development is also pretty easy, making complex formulas slightly easier. Additionally, dashboarding for non-technical people, easy search of data, ease of getting insights, AI-driven analytics, and the ability to easily build charts are highlights. ThoughtSpot also offers data connection with live data sources. ThoughtSpot's scalability is impressive; it can handle large data easily, and performance has been powerful and reliable. The AI-driven analytics capabilities in ThoughtSpot help to predict future outcomes and are very helpful in tracking data, and performance is great.

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"The most valuable features of QBO are its order processing and sales capabilities, as well as its invoice and batch processing capabilities. It allows for multiple batch processing and integration with other platforms, such as SAP V1, Oracle, and Dynamics BC. This makes the solution versatile and effective for customers, and they are satisfied with its integration with different platforms. The integration of this solution is not fixed, it can be based on the user's requirements."
"It's intuitive, electronic, and, as in the old days, eliminates the need for pen and paper. It is the only option. It's the best software."
"The most valuable feature of QBO is that it can be reconnected at any time and anywhere. It is not like other software where you have to back up and restore the data."
"QBO has a very good reconciliation tool."
"The scheduling feature for salaries and taxes is one of the best features of QBO. It's also very user-friendly."
"The most valuable feature is the collaboration around allowing many people to ask questions and see the dashboards together."
"ThoughtSpot has helped my team by reducing the workload of each of our team members by 4-8 hours per week, which we no longer have to spend on ad hoc requests."
"We basically achieved 80% monthly active users and 65% weekly active users in ThoughtSpot in a consistent way, so those numbers speak for themselves in terms of how the data now is embedded within the day-to-day and also more strategic operations."
"The scalability is good."
"ThoughtSpot excels in being self-service oriented, allowing users who aren't developers to easily create their own reports and visualizations, making it very intuitive."
"Stability is very important, and ThoughtSpot performs well."
"ThoughtSpot saves a significant amount of time compared to other tools and is very user-friendly."
"Productivity has increased significantly and is very measurable, for example, some of our clients used other tools previously that required everything to be built manually, but with ThoughtSpot, we could replace all of the dashboards in less than a month, which would have taken up to a year before."
"I like ThoughtSpot's search capabilities. You can also create custom analytics even if you aren't an experienced data analyst. We have users with no data analytics experience making some of the dashboards we've created, copying components, and customizing them to their specific use cases."
 

Cons

"Compared to offline accounting software with many shortcuts and allows you to operate the software using the keyboard, QBO doesn't have the keyboard feature."
"The Linux Operating System feature is not available. When we access it from the accounting features, it does not transit to installation."
"Inventory capabilities are lacking in the cloud version."
"QBO could be improved by adding more flexibility in its invoice and sales order processing capabilities. Customers have requested the ability to integrate with different retail services and the ability to easily integrate with different payment gateways, such as PayPal, by providing API and credentials, with the system automatically processing the integration."
"The internet version is less user-friendly than the desktop version. The desktop version is their flagship, whereas the online version is considerably different, requiring all new learning and having several glitches."
"The dashboards can be improved by making them customizable in a more granular manner."
"ThoughtSpot needs to improve because all visualization tools such as Power BI and other BI tools are also using AI to make dashboard creation more efficient."
"The customizability of the visualization live boards should be improved."
"The customer service and support are not good. I stopped opening tickets due to insufficient and untimely responses."
"The speed of ThoughtSpot could be improved."
"In terms of features, I'd like to be able to pivot data - for example, going from rows to columns. It's not easy to do."
"The dashboards could give you more ability to fine tune the appearance. You get a great deal more control over how something looks in Power BI than you do in ThoughtSpot."
"If I want to order columns, this feature is not there."
"Although it's a very nice feature to have, I don't think that is something which can survive alone."
 

Pricing and Cost Advice

"In my opinion, QBO is a bit on the pricey side, but you have no choice. It is still better, in the long run, to go with their pricing or their software than the alternatives."
"I give the pricing a nine out of ten."
"The solution is expensive."
"I give the pricing a six out of ten."
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Top Industries

By visitors reading reviews
No data available
Financial Services Firm
12%
Manufacturing Company
9%
Outsourcing Company
8%
Comms Service Provider
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
By reviewers
Company SizeCount
Small Business5
Midsize Enterprise1
Large Enterprise19
 

Questions from the Community

Ask a question
Earn 20 points
What is your experience regarding pricing and costs for ThoughtSpot?
My experience with pricing, setup cost, and licensing is that I was not part of the pricing discussions. One thing I can provide is that they are being very flexible with the limits, and they also ...
What needs improvement with ThoughtSpot?
ThoughtSpot could be improved in that the only part where ThoughtSpot is lacking compared to the more traditional players such as Tableau and Power BI is regarding the options with the visualizatio...
What is your primary use case for ThoughtSpot?
My main use case for ThoughtSpot is to provide self-service analytics capabilities for our company and the business stakeholders. As the manager of the data analytics team, we are managing ThoughtS...
 

Comparisons

 

Overview

 

Sample Customers

SATS, Celcom, EastWest, DBS, Metrobank, XL-Axiata, Etisalat, UnionBank of the Philippines
Primary Capital Mortgage, Sterling Backcheck, RichRelevance, Rambus, Batteries Plus Bulbs
Find out what your peers are saying about QBO vs. ThoughtSpot and other solutions. Updated: November 2026.
920,769 professionals have used our research since 2012.