# MISys Reviews
**Vendor:** Manufacturing Information Systems  
**Category:** [Discrete ERP Software](https://www.g2.com/categories/discrete-erp)  
**Average Rating:** 3.8/5.0  
**Total Reviews:** 22
## About MISys
MISys Manufacturing software integrates seamlessly with QuickBooks, Sage 50 US Edition, Sage 50 Canadian Edition, Sage 300 ERP accounting software to help you run your business.




## MISys Reviews
  ### 1. Solved Nothing

**Rating:** 0.0/5.0 stars

**Reviewed by:** David C. A. | Owner, Small-Business (50 or fewer emp.)

**Reviewed Date:** June 22, 2024

**What do you like best about MISys?**

Getting rid of it was the best thing about it.

**What do you dislike about MISys?**

The software is clunky and combersome. It came straight out of the 1980's and should have stayed there.

**What problems is MISys solving and how is that benefiting you?**

We used it for production planning but it was too much effort for very little gain. We decommissioned it after less than 12 months.

  ### 2. Secure, Reliable, Fast and complete ERP System

**Rating:** 4.0/5.0 stars

**Reviewed by:** Tanveer A. | Assistant Manager Internal Audit (Team Lead), Enterprise (> 1000 emp.)

**Reviewed Date:** December 10, 2020

**What do you like best about MISys?**

As the title says this software is a secure, reliable and fast ERP system. In some cases the command line mode is more comfortable especially the banking cash transactions are straight forward and fast compared to any other GUI software. The software is very stable  for daily use and considering thousands of users using it in parallel.

**What do you dislike about MISys?**

Reports  are in raw format that are difficult to sort. As a beginner it might feel like an uphill task to remember so many commands for performing various tasks but with experience the difficulty is reduced. It is hard to find any dislike about this software that can be used as a reason not to buy it.

**Recommendations to others considering MISys:**

Not only this is a very good and easy to use business support ERP software, the users will feel more techy and gain better experience than similar software in GUI mode.

**What problems is MISys solving and how is that benefiting you?**

We in our bank use this software extensively for various functions. For example:
1. Cash payments are record.
2. Money transfer
3. Customer account profile maintenance
4. Staff data 
5. KYC data for customers
6. CDD and EDD records
7. Bank balance sheets, liabilities, expenditure. 
8. Customer account statements
9. Profit disbursement for customer accounts
10. Financial reports
11. Auditing support.

 In short this software is kind of backbone of our banking system.

  ### 3. The overall concept is nice and he handles the information well.

**Rating:** 5.0/5.0 stars

**Reviewed by:** Prince  Selvaraj R. | Senior Technology Specialist - AS400, Small-Business (50 or fewer emp.)

**Reviewed Date:** December 09, 2020

**What do you like best about MISys?**

The overall concept is nice and he handles the information well. It does do that job. it is a needed software for manufacturing.It provides quick inventory checking, and thorough history analysis. Purchase history and stock movements are easy to track. Technical help is readily available.Works with Quick books integration which was necessary for our company as we operate as a manufacture but also sell our product. We needed to be able to manage everything directly through Quick Books. This feature has been great for our team!

**What do you dislike about MISys?**

Misys has product portfolio which caters to almost all the biggest financial institutions across the world along with several legacy products. Salary is above market and they pay very well to laterals. Biggest drawback is Indian management consists of people who are sitting there for decades without gaining significant and somehow surviving and therefore makes it difficult for others to survive in such environment.

**Recommendations to others considering MISys:**

Productive and Nice Place to start your career, although not much opportunity to learn new skills.

**What problems is MISys solving and how is that benefiting you?**

. Good HR policy.
2.Experienced leadership team with great road map
3. Good work life balance
4.Good package, especially for freshers
5. Exposure to work on latest

  ### 4. One of the oldest users of their banking system

**Rating:** 5.0/5.0 stars

**Reviewed by:** Berge D. | Consultant, Enterprise (> 1000 emp.)

**Reviewed Date:** December 01, 2020

**What do you like best about MISys?**

Continuous upgrading to follow changes in the banking arena. Excellent support. Friendly team and executives.

**What do you dislike about MISys?**

There were times long ago when they were not responding to needs properly. These times are long gone.

**Recommendations to others considering MISys:**

Before asking Misys what their system does, put your own requirements from the system.

**What problems is MISys solving and how is that benefiting you?**

I started using their system in the early 1980,s when their name was Kapiti, and their system (Kapiti international banking system) was an accounting system. 
I grew with them until they became Equation and they became a very comprehensive banking application. In fact I helped one way or the other by coordinating with their great Operations Manager the late Paul Dodd in sharing with him our obstacles and suggesting solutions. My bank was also among the first to use their reporting module. 
In short they have a great banking application (I have used 2 other international systems and Misys was far better) their support is excellent, their teams are so capable, and all of them are extremely friendly.

  ### 5. Reliable and secure confirmation system

**Rating:** 4.5/5.0 stars

**Reviewed by:** Manolis K. | Assistant Accountant, Enterprise (> 1000 emp.)

**Reviewed Date:** December 22, 2020

**What do you like best about MISys?**

We were using the confirmation functionality of the system. It was always reliable and accurate. The customer support was always available and one of the best in the market. I also appreciate the fact that all banks were connected to MISys and the confirmation time was almost instant. It was a very stable process without any repetitive issues.

**What do you dislike about MISys?**

The reporting capabilities were not as I would like to. The reports are difficult to generate and especially for past data. Still this is a very minor drawback. Additionally for some cases I would expect to have one more field as requirement to confirm the deals and be able to match them.

**What problems is MISys solving and how is that benefiting you?**

We have all our FX deals confirmed via MISys and we are saving tons of time and risks as we deal on a daily basis with numerous banks.

  ### 6. System is smooth, support team is very active about customer call.

**Rating:** 3.0/5.0 stars

**Reviewed by:** Md. Mashuqur R. | Head Of Information Technology Division, Enterprise (> 1000 emp.)

**Reviewed Date:** December 22, 2020

**What do you like best about MISys?**

Smoothness of the system. Parameterization facility, Open API for third party system integration, AD integration facilities.

**What do you dislike about MISys?**

Customization cost is very high, Treasury (Opics) product does not work properly and system architecture is very old fashioned. System interface should be more smarter, Internet Banking product was not good.

**What problems is MISys solving and how is that benefiting you?**

I worked with Retail (Consumer) Banking solution, Internet banking and day to day business issues I solved in regular manner. Some issues from Credit, Trade Finance area suffered me a lot which I needed support from Misys Support team. Team is very dedicated and Support Manager was so proactive on that time when I worked.

  ### 7. Easy to use, smooth and user friendly system with good UI

**Rating:** 4.0/5.0 stars

**Reviewed by:** Verified User in Financial Services | Mid-Market (51-1000 emp.)

**Reviewed Date:** December 16, 2020

**What do you like best about MISys?**

MIsys has a wonderful interface which makes it easy to use. It has simplicity in its UI which makes using MIsys a good experience and easy to use. Overall the system is good and has good support teams to assist in case of any technical support required.

**What do you dislike about MISys?**

MIsys is good to use but at times can get stuck if your internet is bad. Hardly happens but in case if does then would take time to reflect data.

**Recommendations to others considering MISys:**

Good system to use

**What problems is MISys solving and how is that benefiting you?**

Used by one previous organisation

  ### 8. Inventory Software

**Rating:** 4.0/5.0 stars

**Reviewed by:** Shawn M. | Production Manager, Small-Business (50 or fewer emp.)

**Reviewed Date:** March 05, 2020

**What do you like best about MISys?**

I am using MISys mainly for inventory and not as an MRP system.
It does have MRP capabilities, but I am not using them.
I like the fact that you can tailor the software to your company's individual needs by purchasing only the modules that you need. The training is easy and you get a one on one training via remote desktop, so your trainer can go over exactly what your individual company needs are.

**What do you dislike about MISys?**

It would be nice if the modules were a little cheaper for small company's like mine, but overall I am satisfied with the software.

**Recommendations to others considering MISys:**

Depending on your needs, this a good software at a good price.

**What problems is MISys solving and how is that benefiting you?**

Before MISys, my inventory was done on a sheet of paper and I would walk around my warehouse to see what was needed. Now I can check the reports in the software and set re-order points that I can tailor to each individual component.

  ### 9. Good Software and very user friendly

**Rating:** 4.0/5.0 stars

**Reviewed by:** Umair A. | Manager - CPU, Enterprise (> 1000 emp.)

**Reviewed Date:** December 20, 2020

**What do you like best about MISys?**

There Colors and Features are very attractive

**What do you dislike about MISys?**

If you need to add any thing in the system, you have to asked the concerned to add rather than build your self

**What problems is MISys solving and how is that benefiting you?**

I didn't solve anything in MISys, just operate the system already defined

  ### 10. It's Our Best Option Yet

**Rating:** 4.0/5.0 stars

**Reviewed by:** Verified User in Building Materials | Small-Business (50 or fewer emp.)

**Reviewed Date:** September 21, 2020

**What do you like best about MISys?**

We can keep a better record of the costs of manufacturing products. This aids in determining costs for customers. It so much better to know what our products actually cost. We can also see the product history of ins and outs to follow a product and see if it is used for manufacturing or sold as is.

**What do you dislike about MISys?**

There are some things that make MiSys difficult to work with. It is nice that MRP runs all orders that were entered since it was last run by that person, but we don't want that. We ended up with duplicate orders because of this.

**What problems is MISys solving and how is that benefiting you?**

We can keep a real cost for our manufactured products in the system. We have eliminated the spreadsheets we used in the past.

  ### 11. Manufacturer's choice of tools too use.

**Rating:** 4.5/5.0 stars

**Reviewed by:** James C. | Owner, Small-Business (50 or fewer emp.)

**Reviewed Date:** November 07, 2020

**What do you like best about MISys?**

MISys not only synchronizes with QuickBooks Desktop but also QuickBooks Online.

**What do you dislike about MISys?**

I wish MISys was closer to my home in San Diego, instead of Vermont.

**Recommendations to others considering MISys:**

Not only does MISys help with inventory control, but also shop floor control too.

**What problems is MISys solving and how is that benefiting you?**

MISys is solving inventory management, many customers were trying to use Microsoft Excel which can cause errors in transferring data over to QuickBooks.

  ### 12. Awesome experience and very professional

**Rating:** 4.5/5.0 stars

**Reviewed by:** Mohit K. | Agile Transformation SME PM consultant Murex, AML, Finastra projects delivery & COE Support, Enterprise (> 1000 emp.)

**Reviewed Date:** November 30, 2020

**What do you like best about MISys?**

Automation and making life sheets and paper or excel sheets free

**What do you dislike about MISys?**

Nothing major to mention or complain about

**Recommendations to others considering MISys:**

Good value for money tool and software reduce waste and time loss and good automation

**What problems is MISys solving and how is that benefiting you?**

Cost reduction and waste elimination are major take away apart from automation

  ### 13. Saood Ahmed Khan review

**Rating:** 5.0/5.0 stars

**Reviewed by:** Saood Ahmed K. | Business Performance Manager, Mid-Market (51-1000 emp.)

**Reviewed Date:** December 18, 2020

**What do you like best about MISys?**

Technical recons and audit trails with complete breakups

**What do you dislike about MISys?**

Nothing at all Misys is a complete software

**What problems is MISys solving and how is that benefiting you?**

Since it contains product and customer profitability therefore I feel more comfortable every time using it's information

  ### 14. Review on Misys as per my experience

**Rating:** 4.0/5.0 stars

**Reviewed by:** Verified User in Computer Software | Mid-Market (51-1000 emp.)

**Reviewed Date:** December 09, 2020

**What do you like best about MISys?**

Business or the technical people or IT heads are very approachable and helpful to HR.

**What do you dislike about MISys?**

HR department is not approachable. No Open door policy

**Recommendations to others considering MISys:**

Its  a very user friendly tool!

**What problems is MISys solving and how is that benefiting you?**

Currently not working with Misys. 
I had issues with the HR Heads. Benefits are good compensation, good work environment and a good office location. For technical or business consultants, its a good company to work with and good growth opportunities like on-site opportunity.

  ### 15. MISys : Inventory Management

**Rating:** 3.5/5.0 stars

**Reviewed by:** Verified User in Computer & Network Security | Small-Business (50 or fewer emp.)

**Reviewed Date:** December 01, 2020

**What do you like best about MISys?**

MISys is solving inventory management, many customers were trying to use Microsoft Excel which can cause errors in transferring data over to their systems.

**What do you dislike about MISys?**

Speed of innovation in taking inventory management systems to use AI

**What problems is MISys solving and how is that benefiting you?**

MISys is solving inventory management, many customers were trying to use Microsoft Excel which can cause errors

  ### 16. Good but may need more time

**Rating:** 4.0/5.0 stars

**Reviewed by:** Verified User in Financial Services | Enterprise (> 1000 emp.)

**Reviewed Date:** November 25, 2020

**What do you like best about MISys?**

Its mature and stable environment and multi database support

**What do you dislike about MISys?**

Interface may be more GUI  and attractive

**Recommendations to others considering MISys:**

An office with skilled staff for aggressive marketing should be setup sp people can have easy experience of the product.

**What problems is MISys solving and how is that benefiting you?**

Its integration with different platform and adoptability makes it effort  less integration

  ### 17. It is an excellent banking core system which covers all aspects of banking services and products.

**Rating:** 4.0/5.0 stars

**Reviewed by:** Verified User in Banking | Enterprise (> 1000 emp.)

**Reviewed Date:** December 14, 2020

**What do you like best about MISys?**

Core management, Account services, FX/MM, Security etc..

**What do you dislike about MISys?**

Retail Lending module, which still requires of improvement

**What problems is MISys solving and how is that benefiting you?**

Problems with lending deals and D1 to D4 parameters 
Benefits with many modules with easy to use and understand

  ### 18. I had used OPICS plus is the treasury version in NIB and quite satisfy with the performance.

**Rating:** 5.0/5.0 stars

**Reviewed by:** Verified User in Banking | Enterprise (> 1000 emp.)

**Reviewed Date:** December 15, 2020

**What do you like best about MISys?**

user friendly and customize with organizational structure

**What do you dislike about MISys?**

quit different with T-24 functionality...

**Recommendations to others considering MISys:**

need to be more reliable and user friendly

**What problems is MISys solving and how is that benefiting you?**

treasury process flow is quit difficult , best thing is  risk module.

  ### 19. Good product very compatible to all platforms and highly customization available

**Rating:** 4.0/5.0 stars

**Reviewed by:** Verified User in Banking | Mid-Market (51-1000 emp.)

**Reviewed Date:** December 04, 2020

**What do you like best about MISys?**

Process flow and customization is available in the core product

**What do you dislike about MISys?**

Many add ons and integrations are required to connect to different platforms

**Recommendations to others considering MISys:**

Good product in the category

**What problems is MISys solving and how is that benefiting you?**

Core banking , Trade finance etc

  ### 20. Misys for Small Company

**Rating:** 4.0/5.0 stars

**Reviewed by:** Verified User in Medical Devices | Mid-Market (51-1000 emp.)

**Reviewed Date:** December 18, 2019

**What do you like best about MISys?**

I mostly use it as an Engineer to look at BOMs. Its good to look at the usage of items and where its coming from. As a production engineer, we had to compare the pricing of items and the quality of the product. MIsys was able to help keep track of all that information for a company.

**What do you dislike about MISys?**

I would like to have a customizable dashboard to keep an eye on urgent matters.

**Recommendations to others considering MISys:**

MISys is a great program for companies starting off. It is simple to use and great way to keep track of inventory and production. It is always a transaction to train people to use an ERP system. Do put the time and effort into training the employees and you will be able to maximize the use of the program. Also always have a few super user and you will depend less on consultant and save money and time.

**What problems is MISys solving and how is that benefiting you?**

Helping us keep track of production of products to keep an eye on KPI.

  ### 21. Three years of experience in Misys application

**Rating:** 5.0/5.0 stars

**Reviewed by:** Verified User in Hospital & Health Care | Enterprise (> 1000 emp.)

**Reviewed Date:** December 07, 2020

**What do you like best about MISys?**

Robustness and seamless performance.
Simple implementation

**What do you dislike about MISys?**

Command Line is a little challenging, if we can have access to GUI it would be great.

**What problems is MISys solving and how is that benefiting you?**

Healthcare

  ### 22. Enabling smooth transitions to banking systems.

**Rating:** 5.0/5.0 stars

**Reviewed by:** Verified User in Banking | Mid-Market (51-1000 emp.)

**Reviewed Date:** December 12, 2019

**What do you like best about MISys?**

Different applications for various banking functions including core banking, treasury, trade, risk management etc.

**What do you dislike about MISys?**

Haven’t cone across anything to dislike.

**Recommendations to others considering MISys:**

Best banking software available

**What problems is MISys solving and how is that benefiting you?**

Better management of data and improved reporting throughout the bank.


## MISys Discussions
  - [What is MISys used for?](https://www.g2.com/discussions/what-is-misys-used-for)
  - [How Misys has grown in the past 15 years](https://www.g2.com/discussions/35370-how-misys-has-grown-in-the-past-15-years) - 1 upvote
  - [Has MiSys Equation continued its strong footing in Financial services area in current times in 2020? Is the product still called Equation or renamed to something else? How is the UI now? User experience?](https://www.g2.com/discussions/34684-has-misys-equation-continued-its-strong-footing-in-financial-services-area-in-current-times-in-2020-is-the-product-still-called-equation-or-renamed-to-something-else-how-is-the-ui-now-user-experience) - 1 upvote
  - [need to be more reliable and user friendly](https://www.g2.com/discussions/35837-need-to-be-more-reliable-and-user-friendly)

- [View MISys pricing details and edition comparison](https://www.g2.com/products/misys/reviews?section=pricing&secure%5Bexpires_at%5D=2026-05-13+10%3A17%3A15+-0500&secure%5Bsession_id%5D=57753ab4-ff6d-4e4d-afac-cf520617a47b&secure%5Btoken%5D=7ad2697416bbe81bc3edbb8b1d87e5ec5309babfdd368e3ce4f07f903beda267&format=llm_user)

## MISys Features
**Accounting**
- Chart of Accounts
- AP Automation
- AR Automation
- Journal Entries
- Tags & Dimensions
- Cash Management
- Payment Batches
- Payments Scheduling
- Payment Settlements
- Payment Methods

**Accounting**
- AP Automation
- AR Automation
- Audit Trail
- Budgeting / Forecasting
- Collections Automation
- Financial Statements
- Invoice Customization
- Journal Entries
- Monitor Cash Positions
- Multi-Entity / Consolidation
- Payment Processing
- Recognition Rules
- Reconciliations
- Tags / Dimensions
- Payments Scheduling
- Payment Batches
- Payment Settlements 
- Payment Methods

**Inventory & Warehouse**
- Inventory Tracking
- Inventory Costing
- Product Master
- Inventory Forecasting
- Integrations

**Back Office**
- Allocation
- Asset Register
- Lean Management
- Maintenance
- Organization Management
- Payroll
- Portfolio Mix
- Purchase Orders
- Requisition
- Shift Scheduling
- Sourcing
- Status
- Time & Attendance Tracking
- Warranty Management

**Purchasing**
- Demand
- Purchase Orders
- In Transit
- Receiving

**Front Office**
- ATP
- Checkout Process
- Configuration Rules
- Contact & Account Management
- Customer Portal
- Field Service Booking
- Field Service Dispatch
- Product & Price List Management
- Product Catalog
- Promotions and Discounts
- Quote & Order Management
- Returns / Refunds
- Storefront Design Tools
- Territory & Quota Management
- Tickets
- Visual Configuration

**Sales & Marketing**
- Customer Master
- ATP
- Order History
- Returns
- Credit Limits
- Pricing & Discounts

**Integration**
- Breadth of Partner Applications
- Data Import and Export Tools
- Integration APIs

**Manufacturing**
- WIP
- Work Orders
- MRP
- BOM
- MPS
- Shop Floor

**Logistics**
- Centralized Inventory Database
- In Transit
- Inventory Forecasting
- Inventory Pricing and Costing
- Inventory Reporting
- Inventory Tracking / Ordering
- Picking Methods
- Picking Planning
- Receiving
- Shipping Options

**Quality Management**
- Inspections
- Rework
- Waste
- Defects

**Platform**
- Customization
- Internationalization
- Output Document Generation
- Performance and Reliability
- User, Role, and Access Management
- Workflow Capability

**Distribution**
- Picking & Packing
- Shipping
- Tracking

**Production**
- BOM
- Defects
- Identify Demand
- Inspections
- Manage Resources
- MPS
- MRP
- Production Plans
- Rework
- Shop Floor
- Waste
- WIP

**HR**
- Payroll
- Workforce Management
- Time & Attendance

**Reporting & Analytics**
- Custom Reporting
- Dashboards
- Integration

**Generative AI **
- AI Text Generation
- AI Text Summarization

**Generative AI**
- AI Text Generation
- AI Text Summarization

**Agentic AI - ERP Systems**
- Decision Making

**Agentic AI - Discrete ERP**
- Cross-system Integration
- Natural Language Interaction
- Decision Making

## Top MISys Alternatives
  - [SAP Cloud ERP (SAP S/4HANA Cloud)](https://www.g2.com/products/sap-cloud-erp-sap-s-4hana-cloud/reviews) - 4.4/5.0 (840 reviews)
  - [NetSuite](https://www.g2.com/products/netsuite/reviews) - 4.1/5.0 (4,597 reviews)
  - [Acumatica](https://www.g2.com/products/acumatica/reviews) - 4.4/5.0 (1,905 reviews)

