Financial Reporting Software

{"I find the user interface could be improved. It should be more intuitive, similar to how Google Docs operates, where you don't need to click in and out of various windows to edit text.","The pricing model needs consideration. I believe it is currently not as acceptable as it could be, impacting my likelihood to fully endorse the product.","The initial setup of Workiva was not easy. It required a considerable investment of time, and I needed an experienced consultant to assist with the process."} Review collected by and hosted on G2.com.

Workiva reduces error risks and saves time spent on manual reconciliation, enhancing SEC reporting and financial quality assurance. Its collaboration feature enables multiple users to work simultaneously, maintaining control and visibility. Review collected by and hosted on G2.com.

The only minor issue is the occasional lag in updates when a lot of people are working in FloQast at once, but it’s not a dealbreaker. Also, the setup and customization phase can take a bit of time to fine-tune Review collected by and hosted on G2.com.

FloQast helps solve the challenges of tracking close tasks across multiple properties and entities. Before using it, our team relied on manual spreadsheets and email reminders, which made it hard to stay organized and meet deadlines. Now, everything is centralized — I can clearly see what’s been completed, what’s pending, and who’s responsible. It’s also made reviews and reconciliations much faster and easier to track. Overall, FloQast has reduced stress during month-end, improved accountability, and saved us a ton of time. Review collected by and hosted on G2.com.

Some of the report feel too locked in. When a client wants more detailed breakdowns, I usually export the data and rebuild the layout myself. A few integrations also require more tweaking that I'd like before they sync reliable, especially when clients use niche apps. Support is knowledgeable, but the response pace doesn't always match the urgency I have when I'm trying to clear time sensitive tasks. Review collected by and hosted on G2.com.

Many clients come to me with months of uncategorized expenses or outdated books, and Xero helps me clean everything up without spending hours on manual fixes. The bank rules automate a big chunk of the repetitive work, and having invoicing, reconciliations, and reporting in one place keeps the workflow predictable. My clients can also check their numbers on their own time, which reduces the constant messages and frees me to focus on maintaining accuracy and closing out each month efficiently. Review collected by and hosted on G2.com.

For someone who has never used a financial system before, the learning curve is steep. Understandably with the product tailored more towards the US market, some terminologies do take some getting used to, but it is just a case of learning. Review collected by and hosted on G2.com.

The system allows you to fixate on the elements of your business that other smaller software cannot tailor to. Because of the sheer level of customization, my processes can be exactly how I need them to be. Review collected by and hosted on G2.com.

My only gripe is the sync timing. While it does sync automatically, I’m not sure when or how often—so I often end up manually syncing just to be sure I’m looking at the most up-to-date numbers. It’d be great to have more visibility or control over the sync schedule.

Still, it’s an incredibly powerful tool and one I’d highly recommend to anyone looking to streamline financial reporting. Review collected by and hosted on G2.com.

LiveFlow solves the problem of manual, time-consuming financial reporting. Before using LiveFlow, I was constantly exporting data from QuickBooks Online and copying it into Google Sheets, then double-checking formulas and reformatting everything each time I needed an update. Now, LiveFlow automates that entire process—pulling real-time data directly into my reports and dashboards.

This saves me hours each month, reduces the risk of manual errors, and gives me more confidence that I’m looking at the most accurate, up-to-date numbers. It also makes it easier to share reports with my team and leadership, since everything stays current without extra work. It’s made my reporting faster, smarter, and a lot less stressful. Review collected by and hosted on G2.com.

Accounting for construction requires some customization in addition to configuration. Customizations are required for PSR reporting and Percentage of Completion revenue recognition. That requires either a SuiteApp or customization. Basic setup was easy, but construction functions were a bigger challenge. Review collected by and hosted on G2.com.

NetSuite provides a common structure for managing manufacturing and construction across subsidiaries, offers ease of use, configurability, and detailed financial insights. However, it requires customization for construction accounting tasks. Review collected by and hosted on G2.com.

Auditability of line items can be further enhanced by adding extra features like saved views references and filter references. Detailed error logging and scheduler accuracy can be improved in Cloudworks. Native support for allowing input/breakback and calculation logic in the same line item can be added to further boost platform adoption in Retail Planning use cases. Anaplan Data Orchestrator and Merchandising apps can benefit from improved product stability and performance to boost adoption and implementation scope for partners. Review collected by and hosted on G2.com.

Anaplan's versatility and continued investment into product innovation is one of its key differentiators. Using Anaplan, comprehensive planning solutions that facilitate quick decision-making can be built for all critical functions - Finance, Sales, Supply Chain, HR and Workforce, Marketing etc. As a partner, this enables me to implement best-in-class solutions for our customers and their planning needs. Review collected by and hosted on G2.com.

After using Vena for a few years, we have found that most of the challenges we face are related to template automation and ensuring that Mac users can effectively use the platform. We continue to discourage users to access Vena from Mac environment and strictly direct our users to access Vena from Windows environment. It works very well with MS Office, but does not have much integration for GSuite. Review collected by and hosted on G2.com.

We began using Vena for our extensively detailed recurring revenue model. We have changed major stakeholders and Vena had kept up with the evolving changes requested by different managers. Some of the model changes are rather complex, so time and expert help is needed. The fact that the requested changes can be incorporated makes it a versatile tool. Excel alone cannot handle the complexity of our model. We have expanded our usage to Operating Expense planning and Workforce planning. Vena can handle vendor level forecasting and reporting, allowing insight and detail as to what the key drivers of spend are. Reports can be created with dynamic multidimensional mapping that expands effortlessly to show the slices of data you want to see. The cascade feature of reports allows for much time saved. Overall, Vena is a very powerful reporting tool with a lot of potential to do even more. Review collected by and hosted on G2.com.

We found it challenging initially when a password was memorized and then the Acumatica password expired which caused the Acumatica account to be locked if a user went into a Velixo-enabled file. We have overcome that challenge. Review collected by and hosted on G2.com.

We used to paste our month-end closing information into an Excel file to produce charts, stats, and analysis. This process is now complete but we continue to add to it.

Our budget process used to be a nightmare but with the help of Velixo it is smooth sailing. We are able to bring YTD figures, current/prior year actual, and prior year budget data on a period-by-period basis into Excel, produce the new budgets and forecast, and then push the data into Acumatica. It has produced significant time savings and cut out manual errors. Review collected by and hosted on G2.com.

There is an element of coding (and understanding the coding logic & infrastructure) with which I need to familiarize me with. This is to be expected and it's not really a "dislike" per se but it is - initially - a challenge. I also would prefer to NOT be the person controlling the mouse during training as I find myself clicking to keep the sessions going rather than taking notes, minor but noteworthy. Review collected by and hosted on G2.com.

We have an antiquated accounting system (MIP) and a very static, excel based financial reporting system. So, Datarails is changing that by making it more dynamic and interactive. It is also giving us an insight into future reporting that is not bound my the above limits and allowing for more creative thinking about how do and how we will posit future financials for our organization. Review collected by and hosted on G2.com.

Lack of customization options in the dashboard can be a hassle for some users. All-in-all a great tool for all your business needs. Review collected by and hosted on G2.com.

I highly recommend using this business management platform. We were able to increase team collaboration and communication with its smart reporting and advanced analytics functionalities. Review collected by and hosted on G2.com.

Creates precise and comprehensive financial reports as per the accounting standards.

Reduces paperwork, manual errors and instances of data duplicity.

Allows better control through improved financial management and forecasting.

Streamlines the accounts payable process and ensures payment compliance with the end-to-end invoice management system. Review collected by and hosted on G2.com.

For some business, there are too many options which maybe complex or too powerful for smaller company. Ths tool with help you company grw=p Review collected by and hosted on G2.com.

Having Accounting, CRM, website, third party channel management and more all integrated into one system to easy and awesome to deal with on a dailly basis. Review collected by and hosted on G2.com.

It would be nice if you could somehow easily switch between users within the same page. Not a big deal though. Review collected by and hosted on G2.com.

Having visibility into all orders and all the details is really easy to do in Xoro. Other ERP's struggle with this. And it's all configurable so you can see only what you want to see. On top of that, the advance search capabilities lets you filters out the orders using almost any criteria. This makes processing/fulfilling orders really simple as you can do them in batches. Review collected by and hosted on G2.com.

It would be great to have API integration to manage security using an external tool. Review collected by and hosted on G2.com.

We have a few hundred entities globally so OneStream is used to capture all the Actuals data from across a number of ERP systems in a unified way. This enables us to close our books quicker then before and has saved us 3 days in closing our books. We can also complete our forecast and budget and proforma data in the application at the same level of granularity. WIth a high volume of data we are leveraging the Vertical and Horizontal extensibility which gives us details at the right level and performance in consolidation. Review collected by and hosted on G2.com.

I would say the only challenges was learning how fully leverage some of the deeper analytics functions. Once our team understood the data layers, it became a key asset for both strategic planning and campaign execution. Review collected by and hosted on G2.com.

In the fast evolving insurtech space, identifying reliable partner quickly is essential, Global Database Risk intelligence help us eliminate risky prospect early in the funnel, ensuring our campaign and expansion effort stay focused and secure. It has reduced wasted outreach time, Improved lead quality, and ultimately supported stronger, more sustainable growth in new insurance market. Review collected by and hosted on G2.com.

One aspect I find challenging about Microsoft Dynamics 365 Business Central is the complexity involved in its initial setup and configuration, particularly for teams that do not have previous experience with ERP systems. The learning curve is quite steep, and although there is documentation available, it frequently does not provide enough detail when it comes to more advanced customizations. Review collected by and hosted on G2.com.

- Fragmented Systems: Many businesses struggle with disconnected tools for finance, sales, inventory, and customer service. Business Central unifies these into one platform.

- Manual Processes: Tasks like approvals, reconciliations, and reporting are often manual and error-prone. Business Central automates these workflows.

- Limited Visibility: Without real-time data, decision-making is slow and reactive. Business Central offers dashboards and analytics for instant insights Review collected by and hosted on G2.com.

It is the best ERP system I have used. It meets needs without match compromise. Review collected by and hosted on G2.com.

We have used Acumatica for our ERP needs and it has served the need. It is well equipped, mobile, supports integration, and ensures smooth automation of manual tasks. Review collected by and hosted on G2.com.

A few workflows could be even more streamlined, but overall things work well. Integrations are improving quickly, and the support team is excellent whenever we need guidance. Review collected by and hosted on G2.com.

"Managing multi-year SaaS and usage-based contracts

Automating revenue recognition (subscriptions, minimum commitments, usage)

Invoicing customers and managing credits/memos

Tax compliance and Avalara sync

Accounts payable and accounts receivable aging reconciliation

Payment collection via Stripe integration

Rillet helps us stay GAAP compliant by structuring minimum usage commitments properly and reduce manual reconciliation with our different revenue streams Review collected by and hosted on G2.com.

There are a few system quirks that can be quite troublesome, and I found that Intuit support was not very effective in resolving them. We experienced problems with our payroll not posting correctly, and no one seemed able to identify the cause. It took several months of making manual corrections before the issue was finally resolved. Review collected by and hosted on G2.com.

This software streamlines our daily accounting tasks, making them much quicker to complete. As a small nonprofit with limited administrative staff, we rely on QBO to help us efficiently manage over 40 actively funded projects, even though we have only a few resources available. Review collected by and hosted on G2.com.

Like most ERPs, there is a significant learning curve. Success really depends on the quality of training and how disciplined the company is about keeping data clean. The onboarding phase requires a lot of focus and coordination. If a company isn’t fully engaged during this time, it can limit how effectively the system is set up for long-term success. Review collected by and hosted on G2.com.

Before Fulcrum, information may have been scattered across spreadsheets, paper travelers, or legacy ERP systems. Fulcrum centralizes everything into one platform, reducing duplicate data entry and errors. Fulcrum helps us better manage work orders, scheduling, and capacity planning. This ensures we know where each job is in the process and can adjust quickly if priorities change. Review collected by and hosted on G2.com.