Financial Reporting Software

Some areas that can be improved are markups, uploading support for audit and SOX testing. The sampling tool isn't as useful as I would like it to be, plus the request section and attaching things to spreadsheets can be a little finicky. The initial setup took much longer than I thought because we did it on our own without paying for a catered experience. Review collected by and hosted on G2.com.

Workiva keeps our version control in check, enhances workflow on shared documents, facilitates SEC filing and reporting with W Data, assists in SOX testing, markups, sample selection, and requests. Review collected by and hosted on G2.com.

It's clearly still a new system, a few of the widgets need work and there are some nuances you come across every so often that shows how young it is in development. However, they have been quick to rectify a lot of these so credit to the team. Review collected by and hosted on G2.com.

Datarails is able to take our data from various sources, be it a Sage Intacct Integration or a flat file and make it easily manipulatable. We have struggled with KPI reporting in the past so the fact we can get quick and easy KPIs ahead of the leaders of the business on working day 1 is fantastic. Review collected by and hosted on G2.com.

The only aspect I wish we could improve is leveraging the AI-driven forecasting in purchasing. Right now, due to market volatility and limited historical data, we can't fully rely on it yet. Some legacy staff struggled with the increased controls and structure, and the change management was tough for a few people. Otherwise, there are no major complaints—the implementation was the easiest I've ever done. Review collected by and hosted on G2.com.

The credit hold system allows us to control which orders go out for customers who are in arrears. Each month, we gather more data, which helps us gain greater visibility into customer buying habits over time. Review collected by and hosted on G2.com.

Xero’s purchase bill functionality provides only one reference field, which limits users to entering either the purchase order number or the supplier’s bill number. If either reference is entered in the notes section, it does not appear in search results, making it difficult to locate bills efficiently.

Additionally, Xero does not currently offer a consolidation feature, and support for charity accounts is unavailable. Review collected by and hosted on G2.com.

Xero helps me maintain accurate financial records for clients and track income and expenses efficiently. One of its best features is the 30-day free trial, which allows users to evaluate the platform before committing to a subscription. Its integration capabilities are also excellent, enabling seamless connectivity with other business tools.

However, Xero currently lacks a consolidation feature and does not support charity accounts. Review collected by and hosted on G2.com.

One of the biggest challenges with NetSuite is that some processes are not very intuitive, particularly when working with financial reporting and CSV imports. Import errors can sometimes be difficult to troubleshoot because the error messages do not always clearly identify the underlying problem.

Financial reporting can also require significant customization to obtain the information in the exact format needed. I would like to see stronger and more user-friendly reporting tools, especially for cash flow analysis and financial statement preparation.

NetSuite is very powerful, but the learning curve can be steep, and relatively simple tasks can sometimes require multiple steps or customized solutions. Review collected by and hosted on G2.com.

NetSuite helps us centralize accounting and financial information across multiple entities and provides a consistent platform for AP, journal entries, bank activity, reconciliations, and financial reporting.

One of the biggest benefits for me is the ability to automate processes that would otherwise require significant manual work. For example, CSV imports allow us to upload large volumes of transactions instead of entering them individually, and saved searches help with reconciliations, research, and recurring reporting.

From a financial reporting perspective, having the ability to drill down from financial statements to the underlying transactions also makes it easier to investigate variances, support balances, and complete month-end and quarter-end reporting. Review collected by and hosted on G2.com.

I dislike that we cannot leave certain dimensions open after periods close. I also do not like that once something is created at the entity level, admin cannot make it available at the top level. That seems like something easy for admin to handle. But multiple times it has caused difficulties when something (vendor, user, program, etc) is created at the entity rather than the top level. Review collected by and hosted on G2.com.

We have had Sage Intacct as long as I have been with the company. However, other schools do not use Intacct and struggle to report the multiple dmmensions like we do so easily in Sage Intacct. Review collected by and hosted on G2.com.

Vena's strength of customizability also means that if an implementation is not designed well from the beginning, it can be more challenging to use or improve going forward. A good design and setup is key. Many of the pre-built reports are pretty but overly complicated, and they can be challenging if not impossible to edit. I found that creating our own reports from scratch was the best way to get things the way I need them to work. Getting clear training and direction to create our own reports was more challenging than I would have liked. Review collected by and hosted on G2.com.

Vena has helped me automate many tasks that I used to have to do manually. It links spreadsheets together and pulls data from elsewhere in the database, saving me time tracking things down and verifying that a number of spreadsheets all have the same numbers - now they pull from the same source and match automatically. Vena has helped streamline several processes that used to involve a lot of emailing Excel sheets back and forth. Now we can just open a file, update data, and all the linked files will refresh with the new data. It saves a ton of time and reduces errors from hand-keying. Vena helps our managers to be self-sufficient in accessing their transaction data and tracking spending without needing to call or wait on someone to send it. I especially appreciate that the linked spreadsheets make our budget and forecasting process smoother and more efficient; even with more to do every year, it takes less time now than it ever has and we can get reports to the management team with very quick turnaround time. Review collected by and hosted on G2.com.

Report customization options are too few, can’t adjust layouts to match local German audit forms. Bulk editing reconciliations runs sluggishly. It lacks native connection to our internal file server, so I manually upload all supporting documents monthly. Also, adjusting settings to meet local finance rules took lots of repeated edits during setup. Review collected by and hosted on G2.com.

We previously handled all closing work via scattered Excel sheets. FloQast consolidates all closing procedures into one platform, unifies team task tracking and provides traceable audit materials. It drastically cuts audit preparation time, minimizes compliance risks and improves cross-team communication. Review collected by and hosted on G2.com.

I still use Microsoft CoPilot for the creating aspect of report and formula building. Hard to beat the creator of Excel when it comes to building efficient formulas and reports, although VI has been very quickly closing that gap in the time I've been using Velixo, and I suspect may overtake CoPilot in that area too before long. Review collected by and hosted on G2.com.

Velixo streamlines and reduces reporting time. We can generate reports faster and cleaner than ever before, with less manual editing, copying, or pasting. Review collected by and hosted on G2.com.

Nothing at this time. It fits our needs. Review collected by and hosted on G2.com.

Aleph allows us to do our jobs faster with more confidence and accuracy. It saves us from manually consolidating data to do ad-hoc requests, reduces copy/paste errors, and streamlines our annual budget process. It's like having another team member in our department. Review collected by and hosted on G2.com.

DualEntry has no native CRA-compliant tax templates for Canadian corporate filings, forcing us to export ledgers and manually adjust figures for T2 tax returns. It does not support guaranteed Canada-based data residency, creating PIPEDA compliance risks when storing sensitive client financial records. Native integrations with popular Canadian tax-prep tools are missing, and their support team has limited practical understanding of Canadian tax-code requirements. Since it lacks Entra-ID single sign-on, we manage team access separately. We still manually cross-check outputs to meet CRA reporting and PIPEDA requirements. Compliance-related configuration was a challenge with no built-in Canadian-tax-specific settings, necessitating custom internal workflows for CRA reporting and PIPEDA client-data safeguards. Building these compliance safeguards took extra unplanned-for time. Review collected by and hosted on G2.com.

DualEntry removes manual double-entry bookkeeping by centralizing transactions and simplifying reconciliation. It organizes data and reduces time sorting records, although manual steps are still needed for CRA and PIPEDA compliance. Review collected by and hosted on G2.com.

sometimes it is having some issue while entering the time sometimes the error that we cant fix. improve the loading time Review collected by and hosted on G2.com.

Human capital management, or HCM, is one module that we got hooked on. The employee self-service portal makes our employees more than content. Similarly, in our customer-facing business, an excellent CRM helped our sales, marketing, and after-sales teams align their interests with customers, making them our loyal ambassadors. Review collected by and hosted on G2.com.

I use ePROMIS ERP for entering employees' timesheets. It's easy to understand and use, requiring minimal training. Review collected by and hosted on G2.com.

The pricing model is predatory. Once they have your data in their system they can simply increase the price at any time. They are doing that now by 40% for Quickbooks online plus. They know that customers won't like it but they also know that the cost of migrating all the data is higher than the price increase. Once they have you locked in they will abuse that position of trust. This is a company that treats you like prey, not a customer. Review collected by and hosted on G2.com.

Its bookkeeping, plain and simple. They integrate with banking platforms which is nice. Review collected by and hosted on G2.com.

Rillet is clearly built for the modern finance stack, and it does that very well. If you're in GovCon and need a DCAA-approved accounting system, that's a specific niche it isn't yet designed for, which is worth knowing if you're in that space. For everything else, it covers the bases. Review collected by and hosted on G2.com.

Rillet has completely transformed what my team spends time on. What used to be data entry and manual reconciliation is now handled automatically, which has freed up real capacity to focus on more advanced, higher-value work. The AI takes care of the prep, which means we're spending our time reviewing and making decisions rather than building from scratch every month. 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.

Workday Adaptive Planning is kinda hard because it takes super long to load big charts and things. Sometimes the screens look really old like a computer from a long time ago. If you want to change stuff you have to learn hard rules and codes that are confusing. Also, it costs a whole lot of money so small companies can not buy it. Review collected by and hosted on G2.com.

Workday Adaptive Planning stops people from losing their work when old Excel files crash all the time. It brings all the numbers from different computers into one safe place so nobody gets confused. This helps you do your homework or business math way faster without making silly mistakes. Plus, you can guess what happens next in your business game without waiting for a super slow computer. Review collected by and hosted on G2.com.

Some parts of Stok.ly can feel a bit overcomplicated, and they take longer to learn than they probably need to. There are also a few workflows where small tweaks could save a lot of clicks and make day-to-day tasks much quicker.

We’ve come across a few bugs too, especially during the initial setup. On the plus side, the team is responsive when we raise issues and is willing to look at ways to improve the system. Review collected by and hosted on G2.com.

The main problem Stok.ly solves for us is keeping control of stock across multiple stores and our warehouse. Previously, a lot of this relied on spreadsheets, separate systems, and a fair amount of manual work.

Now we have a single place to see what stock we have, where it is, what’s selling, and what needs ordering or moving between locations. It’s made purchasing, transfers, and day-to-day stock management much easier and, most importantly, it gives us better information to base decisions on. Review collected by and hosted on G2.com.

The initial setup of complex, custom-mapped reports can take a little bit of time. However, the LiveFlow support team is super responsive and helps bridge that gap quickly. Review collected by and hosted on G2.com.

We struggled with accurate cash flow forecasting. Because our actuals were updated manually, our forecasts were often based on outdated assumptions.

LiveFlow solves this by keeping our actuals current. This has made forecasting so much easier because we can now see our real-time cash position and runway at a glance. It allows us to perform instant variance analysis and make strategic pivots based on what is happening now, rather than what happened last month. It has saved our finance team hours of spreadsheet gymnastics every week. Review collected by and hosted on G2.com.

The downsides are that the UX features aren’t very flexible compared to other reporting tools. Review collected by and hosted on G2.com.

Anaplan is solving problems across supply chain and financial planning. It is helpful for planning and scenario-based use cases. Previously, users used to maintain different Excel files and versions for their zone and product, and consolidation, reconciliation, and reporting were challenging tasks. Anaplan provides a single platform where they can plan and report, and the reconciliation can be calculated by the platform itself according to the design built for that application. It has various connection with third party platform which make it easier to load data and report them and use them for planning Review collected by and hosted on G2.com.

The invoicing feature needs more search options to make it easier to locate specific invoices, and it would also help to have a way to link invoices to packing lists. Review collected by and hosted on G2.com.

It is helping scale our company by leveraging the knowledge of veterans and making that knowledge accessible. Fulcrum feels like a touchstone for developing future leaders in manufacturing. Review collected by and hosted on G2.com.