Financial Reporting Software

for advance financial modeling and forecasting, xero is limited and depends on external tools . custom report building aslo has some constraints, and complex analysis usually requires exporting data, pricing can increase as usage and integration grow. Review collected by and hosted on G2.com.

earlier financial data was scattered across multiple systems and spreadsheets causing delays and inconsistencies, it centralizes accounting data into one platform, ensuring accuracy and consistency. this helps me analyze trends faster, identify cost issues early, and provide timely insights to senior management, month end closing and reporting timeline have improved significantly. it has improved financial transparency and governance, leadership has easy access to key financial reports and coordination between finance ,sales and accounting teams is smoother . Audit preparation is also more strucutred. Review collected by and hosted on G2.com.

The richness of the product requires more serious support from Acumatica that we seem to have difficulty accessing, at times. We currently use Acumatica as our VAR, and they have structural issues that have led to a negative experience. The transition from Sage 100 was initially painful, taking 3 years to convert. Challenges came from end user non-participation and lack of serious commitment. Review collected by and hosted on G2.com.

Acumatica supports our business from lead management to payment collection. It's flexible and easy to use yet robust, and it lets us adapt to market demands in a functionally correct manner. Review collected by and hosted on G2.com.

What I dislike about Workiva is that it can feel a bit overwhelming for new users, especially with so many features packed into one platform Review collected by and hosted on G2.com.

Workiva is solving the problem of manual, fragmented audit processes and the risk of errors or missed compliance requirements. By centralizing audit documentation, evidence, and workflows in one platform, it ensures that everything is organized, traceable, and easily accessible. This benefits us by reducing time spent on administrative tasks, improving accuracy, streamlining collaboration between audit teams, and ensuring full compliance, making audits faster, more transparent, and far less stressful. Review collected by and hosted on G2.com.

During month-end close, when a client had entity-specific reconciliation requirements and ad-hoc adjusting entries, FloQast’s standardized checklist and reconciliation formats didn’t fully accommodate these exceptions. This led to maintaining parallel Excel trackers outside the system, increasing manual effort and the risk of version-control issues, which partially offsets the efficiency benefits FloQast aims to provide. Review collected by and hosted on G2.com.

FloQast addresses the challenge of disorganized and manually driven close activities by bringing all close tasks, reconciliations, and reviews into one structured platform. In an RTR role, this helps eliminate scattered trackers and constant follow-ups.

The benefit to me is better control and visibility over the close process. I can clearly track task ownership, review status, and supporting documentation in real time. This improves accuracy, strengthens compliance, and reduces time spent on coordination, allowing greater focus on review and financial insights rather than process management. Review collected by and hosted on G2.com.

Custom report writing is a bit cumbersome and takes some learning especially when it comes to understanding reporting groups. When adding new accounts the user needs to be aware that the new account may not be properly mapped to one of the groups and could therefore put reports out of balance. Review collected by and hosted on G2.com.

Allows front line staff to enter purchasing requests that are approved by management cutting down on mistakes and automating the workflow for purchasing. Sage also allows for importing of transactions and transaction activity from the CMS and POS systems which allows for daily and monthly revenue balancing with our core systems thereby cutting down on data entry labor and data entry errors. The internal communication system allows for audit trails and notes to be attached to transactions creating a single source for information related to the financial statements. The collaboration feature keeps things contained in the system and the cloud based solution allows executive management to stay connected when off property. 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.

While NetSuite is powerful, it can feel overly complex for everyday users, especially when simple tasks require deep configuration or workarounds. Some reporting and UI behaviors (such as recalculation delays, limited control over certain system fields, or inconsistent filter behavior between reports and saved searches) can be frustrating. There is also a noticeable learning curve, and changes that seem small on the surface often require admin involvement, scripts, or workflows. Finally, performance and transparency around background processes (like project profitability recalculations) could be improved to help users better trust and understand what they’re seeing. Review collected by and hosted on G2.com.

NetSuite is solving the challenge of fragmented systems and disconnected data by bringing financials, purchasing, inventory, projects, time, and reporting into one integrated platform. This reduces manual reconciliation, duplicate data entry, and errors that occur when information lives in multiple tools. As a result, we have better visibility into job costs, project profitability, and operational performance, which helps us make more informed decisions. The system also enforces consistent processes and controls as the business grows, allowing us to scale operations without losing financial accuracy or oversight. Review collected by and hosted on G2.com.

Implementing Anaplan and maintaining the tool require high costs and a strong level of expertise. The complex models also need additional support when it comes to ongoing maintenance and day-to-day management. Review collected by and hosted on G2.com.

Anaplan is systematic at connecting different business operations to support a centralized planning process. The app includes automated calculation mechanisms that help with forecasting. The platform also enables cross-functional collaboration, where different operations and demands can be managed collectively in one place. In addition, Anaplan has powerful capabilities for modeling complex, dynamic scenarios. Review collected by and hosted on G2.com.

The UX sometimes gets glitchy when utilizing the 'Storyboards' narrative tool if you don't size or format the visuals to the board's native architecture. Review collected by and hosted on G2.com.

As an ASC with BI coming from multiple sources, we needed a platform that could truly integrate everything, not just promise it. Datarails centralizes our disparate systems, connected to historical financials, and is on its way to giving us a single source of truth for budgeting and forecasting. It's eliminated the manual visual build-out headaches and freed up time for actual FP&A discussions. The dashboards have also simplified executive visibility into key clinical and operational metrics, making it easier to keep leadership aligned without building custom reports from scratch. Review collected by and hosted on G2.com.

There is a learning curve at the beginning

Some report setups can be complex and time-consuming

Performance can slow down with very large datasets

Troubleshooting requires a good understanding of both Excel and the ERP Review collected by and hosted on G2.com.

I can create accurate, real-time financial and AP reports without manual exports.

It reduces errors from copy-pasting and reconciliations.

Reports are faster to prepare, especially for Opex, AP aging, and management reporting.

I can use Excel formulas and layouts while staying connected to live ERP data.

It saves time during month-end close and improves confidence in the numbers. Review collected by and hosted on G2.com.

The one and only challenge that I face while working with vena was its setup because initially the user interface was too much complex and we did not understand anything so the complete setup has been done with the help of YouTube tutorials and even the professional financial team was not able to do the complete setup. Review collected by and hosted on G2.com.

After installing Vena in our company we are able to consolidate data from different departments of our business and compile it on a single platform so that the best decisions can be made and informed decisions can be taken with detailed analytics. This software helps us in improving the overall workflow of our business and make sure that every resource is getting utilised properly. 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.

Customization to fit a specific business requirements or needs is currently limited. They should extend the customization of the invoices, bills and other financial documents to meet every customers expectations. They should allow customer to request for new features that might benefit them to be added to the platform. Review collected by and hosted on G2.com.

It works as a centeralized accounting and inventory mangement systems. Also it allows orders/ invoices to paid (payment to be collected) from within Quickbooks online. Review collected by and hosted on G2.com.

Xoro has tons of solutions for teams across all departments, which at times could lead the team to not look into external solutions for niche problems. Review collected by and hosted on G2.com.

They work with multiple clients and continue to adapt and refine modules as well as improve connections with existing and new 3rd party partners across wms, shipping, edi, etc. 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.

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.

Nothing as such. It's an amazing product. Review collected by and hosted on G2.com.

If you want hassle free cloud finance management along with features that can help in managing your business, then accoxi is the right choice Review collected by and hosted on G2.com.

Multiple solutions combined in one product which includes accounting, cloud, e-commerce, document management and much more. It's a single point for multiple needs. Review collected by and hosted on G2.com.

There is some complexity in the setup for consolidating data tables that I don't necessarily understand (although I have not tried). This is easily solved with support from their Customer Success org or if I had a more technical mind on my team, they'd likely easily navigate this. Review collected by and hosted on G2.com.

Consolidation of financial data from 9+ systems

Management of proforma results for acquired entities

Management of EBITDA adjustments for management reporting

Automated month-end reporting pack

Easily running actuals vs budget vs forecast reports

Custom P&L cuts for comparison

Helping mitigate headcount costs through automated data aggregation and AI variance analysis, not having to hire for "entry" roles

Able to just click "refresh" in any file I'm in to ensure I have the latest and greatest financial information 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.