finally Features
General Ledger (3)
Journal Entries
Increases user efficiency by auto-populating based on previously entered information. Schedules future entries. Allows Journal Entries to be uploaded from an external source. 24 reviewers of finally have provided feedback on this feature.
Tags / Dimensions
Based on 24 finally reviews. Ability to tag all transaction in the general ledger with customizable dimensions, classes, categories, etc. These dimensions should be available on any transaction in any module in the system and available to be reported upon.
Audit Trail
Based on 25 finally reviews. Automates chronological tracking of transactions that have affected a specific operation, procedure, event or record
Accounts Receivable (3)
Invoice Customization
Based on 22 finally reviews. The layout of the invoice template is fully customizable and you can add or remove fields.
AR Automation
Automation helps the user be more efficient by populating default customer data, setting up systematic payments from clients and automatically matching customer receipts to outstanding transactions. This feature was mentioned in 21 finally reviews.
Collections Automation
The system automates the dunning process to help drive collections This feature was mentioned in 21 finally reviews.
Accounts Payable (3)
AP Automation
As reported in 22 finally reviews. Steamlines data entry by auto populating recurring or predefined vendor values
Payment Processing
As reported in 24 finally reviews. Ability to manage, track and report on numerous payment types. Customize and automate complex purchase to pay work flow.
Purchase Orders
Software supports purchase orders and provides purchasing personnel, management and accounts payable with visibility needed to streamline the procure to pay process 23 reviewers of finally have provided feedback on this feature.
Other Functionality (8)
Inventory Tracking / Ordering
Based on 21 finally reviews. Real time inventory tracking. Maintains accurate "On Hand" infomation by matching reserved inventory requested on purchase and sales orders.
Inventory Pricing and Costing
Ability to establish multiple price levels. Update pricing on a per item or global inventory basis. Choice between multiple costing methods such as Average, LIFO, FIFO and Specific Unit. This feature was mentioned in 21 finally reviews.
Inventory Reporting
As reported in 21 finally reviews. Customizable reporting allows insight into usage of inventory and services.
Multi-Entity / Consolidation
Multi-ledger and multi-tenant architecture. Automated consolidations, inter-entity transactions and eliminations 20 reviewers of finally have provided feedback on this feature.
Recognition Rules
Automates recognition of revenue and expenses by defining recognition rules. This feature was mentioned in 20 finally reviews.
Reconciliations
Transactions are imported from source systems and automated matching reconciles majority of transactions. Includes user flexible, user defined matching and grouping rules to help reduce the time needed to produce accurate reconciliations. This feature was mentioned in 21 finally reviews.
Payroll
As reported in 20 finally reviews. Payroll module or integration to an external payroll provider which automates the recording of payroll
Time and Expense
As reported in 19 finally reviews. Automated time and expense capture, tracking, approval, reimbursement and reporting
Reporting & Analytics (4)
Financial Statements
Based on 21 finally reviews. General reporting offered covers all of the standard financial statements and meets the basic needs of the business
Custom Reporting
Reports created by the user to cater to specific requirements. If you can build it in Excel, you can build it in the custom report writer This feature was mentioned in 21 finally reviews.
Budgeting / Forecasting
Based on 23 finally reviews. Create and revise an unlimited number of budget, plan and forecast scenarios.
Dashboards
As reported in 21 finally reviews. An easy to read, often single page, real-time user interface, showing a graphical presentation of the current status and historical trends of an organization's Key Performance Indicators (KPIs) to enable instantaneous and informed decisions to be made at a glance
Platform (10)
Customization
Based on 22 finally reviews. Allows administrators to customize to accommodate their unique process. Includes ability to create custom objects, fields, rules, calculations, and views.
Workflow Capability
Automates a process that requires a series of steps that typically require intervention by several different users. Administrators can write rules to determine who and when a user needs to complete a step. Also includes notification of users when they need to take action. This feature was mentioned in 22 finally reviews.
User, Role, and Access Management
Grants access to select data, features, objects, etc. based on the users, user role, groups, etc. This feature was mentioned in 22 finally reviews.
Internationalization
As reported in 22 finally reviews. Enables users to view and transact business with the same content in multiple languages and currencies.
Performance and Reliability
Software is consistently available (uptime) and allows users to complete tasks quickly because they are not waiting for the software to respond to an action they took. This feature was mentioned in 23 finally reviews.
Output Document Generation
As reported in 21 finally reviews. Allows administrators to create templates that enable users to quickly generate dynamic documents in various formats based on the data stored in the application.
Reporting and Dashboards
Access pre-built and custom reports and dashboards.
User, Role, and Access Management
Grant access to select data, features, objects, etc. based on the users, user role, groups, etc.
Performance and Reliability
Software is consistently available (uptime) and allows users to complete tasks quickly because they are not waiting for the software to respond to an action they took.
Scalability
Allows administrator to easily add employees and grow payroll process as their company grows.
Integration (7)
Data Import and Export Tools
Based on 21 finally reviews. Ability to input, modify and extract data from the application in bulk through a structured file.
Integration APIs
Application Programming Interface - Specification for how the application communicates with other software. API's typically enable integration of data, logic, objects, etc with other software applications. This feature was mentioned in 22 finally reviews.
Breadth of Partner Applications
Based on 21 finally reviews. To what extent are there partner applications readily available for integrating into this product? Partner applications typically provide complementary, best of breed functionality not offered natively in this product.
API / Integration
Application Programming Interface - Specification for how the application communicates with other software. API's typically enable integration of data, logic, objects, etc with other software applications.
Time Tracking Integration
Enables administrator to import hours from time tracking systems.
Accounting Integration
Provides standard integration with third party accounting software.
Core HR Integration
Provides standard integration with third party core HR software.
Employee Self Service (3)
Web Portal
Allows employees to access current and past pay stubs, W-2 forms, and additional salary information.
Benefits Manager
Allows employees to answer or update questions pertaining to benefits and receive information about benefit providers.
Mobile
Allows employees to view pay stub and W-2 information via a smartphone app or mobile optimized website.
Administration (9)
Payroll Entry
Allows administrator to enter payroll for all employees based on salary or total hours worked.
Time Off Accrual
Calculation and tracking of sick and vacation days.
Direct Deposit
Automatically deposits paychecks into employees' bank accounts.
Expense Reimbursement
Allows administrator to reimburse employees for business-related purchases.
Pre-tax Deductions
Automatically deducts wages for health care, 401(k) plans, etc. from paychecks.
Wage Garnishment
Allows administrator to set up for wage garnishments to be deducted automatically from employers' paychecks.
Approvals
Administrator can submit payroll approval request and the approver can approve, deny, or re-assign it to the appropriate approver.
Check/W-2 Printing
Allows administrators to print valid paychecks and W-2 forms.
Check/W-2 Delivery
Sends printed checks to administrator to distribute to employees.
Taxes (3)
Tax Calculation
Calculates taxes due and may include resources or tools for federal and state tax compliance.
Tax Filing
Files payroll tax forms automatically for federal, state, and local taxes.
Automatic Tax Payment
Allows payroll vendor, via power of attorney, to make electronic payments of withheld taxes to government.
Cash Flow (3)
Track Cash Flow
Based on 20 finally reviews. Check cash on hand at the beginning of each month and view each day’s incoming and outgoing funds.
Income and Expenses
Based on 21 finally reviews. Add one-time or recurring cash flow items and add line items for each payment or deposit.
File Exports
Based on 20 finally reviews. Timesheets, projects, tasks, income or expenses can all easily be exported to pdf, xls or csv for simpel cash clow analysis.
Budgeting & Forecasting (4)
Budgeting / Forecasting
Based on 23 finally reviews. Create and revise an unlimited number of budget, plan and forecast scenarios.
Data Import
Based on 21 finally reviews. Import trial balance, monthly P&L, balance sheets, and other types of financial data
Versioning
Based on 21 finally reviews. Keeps track of all versions of a budget and allows users to compare versions
Historical Data
Forecasting is based on past transactions and historical financial or operational data 21 reviewers of finally have provided feedback on this feature.
Revenue (3)
Revenue Types
Based on 21 finally reviews. Supports multiple types of revenues, such as recurring and transaction based
Revenue Allocation
Allows users to allocate revenues to various business entities or departments This feature was mentioned in 21 finally reviews.
Scheduling
Automatic scheduling to ensure that revenue is recognized at the proper time This feature was mentioned in 21 finally reviews.
Payroll (4)
Direct Deposit
As reported in 20 finally reviews. Automatically deposits paychecks into employees' bank accounts.
Check/W-2 Printing
As reported in 20 finally reviews. Allows administrators to print valid paychecks and W-2 forms.
Tax Calculation
Calculates taxes due and may include resources or tools for federal and state tax compliance. 20 reviewers of finally have provided feedback on this feature.
Reporting and Dashboards
Access pre-built and custom reports and dashboards to track payroll costs and for compliance purposes. This feature was mentioned in 20 finally reviews.
Tax Planning (4)
Strategies
Recommends strategies to lower taxes such as tax credits or charitable contributions
Exemptions
Determines exemptions for sales tax or revenue tax for industries such as nonprofit
Credits
Determines tax credits and carryforward from prior years to lower the amount of tax owed
Estimations
Estimates how much tax will be owed at the local, state, or federal level
Tax Filing (3)
Calculations
Calculates tax related data, such as income, COGS, depreciation, and other operating costs
Rules & Regulations
Provides the latest rules and tax rate information for different federal, state, county, and city entities
Reporting
Provides custom reporting of current and historical information to support tax reporting and filing
Workflows (2)
Integrations
Integrates with other systems, such as accounting, ERP, CRM, and ecommerce platforms
Importing
Syncs with company accounts to automatically import transaction data
AI (10)
Data Extraction
Uses AI to automatically input data from receipts, invoices, and other documents 20 reviewers of finally have provided feedback on this feature.
Invoice Processing
Uses AI to generates, send, and track invoices 20 reviewers of finally have provided feedback on this feature.
Expense Management
Based on 20 finally reviews. Uses AI to categorize expenses, detect anomalies, and provide insights on spending patterns
Fraud Detection
As reported in 21 finally reviews. Uses AI to detect unusual patterns and flag potential fraudulent activities in real-time
Tax Compliance
Uses AI to assist in calculating taxes, ensuring compliance with changing tax regulations, and automate the preparation of tax returns 18 reviewers of finally have provided feedback on this feature.
Support Chatbots
Uses AI and NLP-powered chatbots to provide customer support and assist with queries regarding financial data and reports This feature was mentioned in 20 finally reviews.
Bank Reconciliations
Based on 20 finally reviews. Uses AI to match transactions recorded in the accounting system with those in bank statements
Report Generation
As reported in 19 finally reviews. Uses AI to generate detailed financial reports, dashboards, and visualizations to provide insights into the financial health of the business
Customizable Alerts
As reported in 19 finally reviews. Uses AI to set up alerts for various financial activities, such as payment due dates or low cash balances
Predictive Analytics
Based on 19 finally reviews. Uses AI to analyze data to identify trends and make predictions
Mobile Applications - Accounting (6)
Cloud Integration
Based on 19 finally reviews. Enables synchronization of accounting data across devices in real-time
Notifications
Based on 19 finally reviews. Send push notifications for important updates, such as due dates, invoice statuses, or tax deadlines
UI
Based on 18 finally reviews. Simplifies interfaces to be user-friendly and tailored for smaller screens, such as mobile phones and tables
Offline
Allows users to view and update certain data without an internet connection This feature was mentioned in 19 finally reviews.
Expense Tracking
Allows users to capture and upload expense receipts directly from mobile devices 21 reviewers of finally have provided feedback on this feature.
Invoice Management
Enables creation, editing, and sending of invoices This feature was mentioned in 18 finally reviews.
Agentic AI - Accounting (1)
Autonomous Task Execution
Capability to perform complex tasks without constant human input 19 reviewers of finally have provided feedback on this feature.
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Technology Glossary Features
View definitions of the features and discover new technology terms.
Wage garnishment can take its toll not only on employees but also on employers. Learn more about wage garnishment, how it can impact a business, and what to do if an employee receives a garnishment of their wages.
Inventory reporting plays a valuable role in the inventory control process. Learn more about inventory reporting, how it can benefit inventory management, and how to write reports to support a business structure.

