hmd Software is a modular software suite for tax advisors, accounting firms, and businesses managing their own financial accounting. It is developed by hmd-software AG, based in Andechs, Bavaria, Germany – a mid-sized software company with over 40 years of experience in the tax and accounting industry. For anyone looking for a powerful, flexible alternative to the dominant players in the market, hmd is worth a serious look.
Who is hmd built for?
Tax advisors and accounting firms are at the heart of the hmd ecosystem. From solo practitioners to large firms with several hundred employees – hmd provides a complete package covering the entire firm workflow: financial accounting, annual financial statements, tax returns, firm management, document management, and digital collaboration with clients. Payroll is covered as well – through the partner solution ed.lohn, which can be purchased directly through hmd. Everything works together, everything is designed as one system. And one thing that matters especially in the German market: hmd runs on-premise just as well as in the cloud – the firm decides where its data lives.
Businesses with in-house accounting are the second major audience. If you need professional financial accounting but don't want to implement SAP, hmd offers a solution that is powerful enough for mid-sized businesses without requiring a dedicated IT department. Financial accounting, fixed asset management – all available, modularly combinable, and within a framework that works without a six-figure project budget.
What can hmd do?
hmd is not a single application. It is an entire ecosystem of modules that can be combined depending on what you need. The main areas:
Financial accounting
The core of hmd. With hmd.fibu, you can handle bookkeeping, VAT returns, and management reports. hmd.anlag adds fixed asset accounting.
Annual statements and tax
hmd.abschluss and hmd.bericht cover annual financial statements, e-balance sheets (E-Bilanz), and reporting. Tax returns can be prepared and submitted electronically.
Payroll
For payroll processing, hmd offers the partner solution ed.lohn, which can be purchased directly through hmd-software AG. It handles all payroll-related filings and reporting – seamlessly integrated into the hmd environment.
Firm management and DMS
Client management, document management, and archiving keep the daily business of an accounting firm running smoothly. Modules like hmd.archivverwaltung and hmd.stammdaten tie everything together. For firms, this is not a nice-to-have – it is the backbone of daily operations.
Digital collaboration with clients
hmd-software AG focuses on secure solutions for digital exchange between firms and their clients. hmd.dts provides a dedicated platform for secure document transfer. Beyond that, hmd offers a broad range of online client solutions: hmd.onlinekasse, hmd.onlineopos, hmd.onlinezahlungsverkehr, hmd.onlineworkflow, hmd.onlinesearch, hmd.onlinefibu, and hmd.onlineauswertungen – enabling clients to actively participate in digital workflows without the accountant becoming a courier.
What makes hmd different?
In the German tax advisory market, one name dominates: DATEV. And for good reason – DATEV is the market leader with a massive footprint. But DATEV is not the only option.
hmd-software AG positions itself as an independent alternative, built around three core principles: Modularity, because you only use and pay for what you actually need. Flexibility, because the software adapts to different firm sizes and working styles – whether 5 or 800 employees. And proximity, because hmd as a mid-sized company maintains a direct relationship with its users – short communication paths, real people to talk to, fast responses.
On top of that, firms have full freedom in choosing their deployment model: on-premise or cloud – the firm stays in control of its infrastructure and its data.
That does not mean hmd is the right choice for everyone. But for firms and businesses looking for a professional solution without locking themselves into a single dominant vendor, hmd is a serious contender.
Who is behind hmd?
hmd-software AG is based in Andechs, Bavaria, Germany. The company has been developing software for the tax and accounting industry for over 40 years and employs more than 70 people. What sets hmd apart from many competitors: development, support, and sales all come from one place – entirely made in Germany, entirely under one roof.
Why I write about this
My name is Raphael, and I work as a Product Manager at hmd-software AG. That means I don't just work on the software – I regularly visit accounting firms, talk to tax advisors and accountants, and see every day how hmd is used in practice.
On this page, I share regular insights into individual features and modules under the hashtag #FunctionMonday. Not as advertising, but because I am convinced that good software gets better when people know what they can actually do with it.
If you have questions about hmd or just want an honest look from the inside – reach out.