Financial Reporting Software

The only downsides about Xero is that the the user interface is a little clunky, not as sleek. There also could be more tutorials or "help" features to make onboarding and getting used to the program easier. Though of course I haven't consulted much of the customer support, so I'm sure they would be more than happy to help me walk through any issues or questions I have! Review collected by and hosted on G2.com.

Xero takes so much of the stress of bookkeeping and accounting for sole proprietors away! Before Xero, I was up to my neck in spreadsheets and computer folders keeping track of my income, who I was paid by, what expenses I had made, etc. Now it's all automatically accumulated in my Xero dashboard, where I know that - with the press of a few "reconcile" buttons, I can easily keep my records clean. I cannot wait for tax time next year, when I'll just be able to run a few reports and input data, rather than spending hours calculating expenses and write-offs! Review collected by and hosted on G2.com.

Definitely not "plug and play", formal training is necessary and the system will take time to learn. Review collected by and hosted on G2.com.

Accurate reporting and an efficient system. Review collected by and hosted on G2.com.

There are two areas that can improve.

1) Track changes in slides - currently this is not an option (sad). Practically, it would be difficult to track changes when an object, image, text box or numeric table move placement within the slide. Setting aside object placement, enabling track changes in the slides could be done at the table level (similar to spreadsheets) or inside a text box (when the text descriptions change). Currently, blacklines between milestones for slides are helpful, but not perfect - it would be great to see blacklines that show changes within tables or text boxes.

2) Permissions - this can be very hard to maintain, specially when teams in the platform grow overtime. It would be helpful to have a designated workflow in workiva, that forces teams to confirm they need access before the beginning of the reporting period. This would enhance access controls and ensure all teams have the right access through the tool (rather than managing email communications outside the platform). Review collected by and hosted on G2.com.

Integrating and standardizing reporting across the finance organization Review collected by and hosted on G2.com.

There are still a few "bugs" that need to be fixed. Also, a lot of issues I can't do by myself, only with customer support, so it slows down the process, even tho the customer support is great and really responsive. Review collected by and hosted on G2.com.

It saves us a lot of time. It saves time especially well in the "Members & Group" section, where we can easily give and change access to certain files for everyone. Review collected by and hosted on G2.com.

They continue to build features users actually want vs a product roadmap defined by "product people" that don't understand the real "in the trenches" challenges. 20/10 would buy again at the next gig. Review collected by and hosted on G2.com.

Do it! Review collected by and hosted on G2.com.

Visibility, controls, extremely long close, organization, dysfunctional excel checklist, and recons being done ad hoc are all the main problems we were solving for with our implementation of FloQast. Both times putting in FloQast, we have been able to drastically shorten close and ensure the financials are more accurate than we ever were before. Review collected by and hosted on G2.com.

Sage InTacct is a little large for all our uses. I adopted this system from my predecessor and I was not really trained in the full functionality of the tool. With our third party adoption I'm also not able to access the community forum to get information from the community, which can be a little frustrating at time. Review collected by and hosted on G2.com.

Sage is assisting us in compiling our data for our annual reporting. Review collected by and hosted on G2.com.

one disadvantage is that managing intricate logic (such as tolerance checks) frequently necessitates the use of scripting or saved searches as workarounds. Certain common restrictions, like line-level controls or partial billing of expenses, are not always clear-cut. Troubleshooting can be time-consuming due to unclear user interface and error messages. Some actions seem counterintuitive, such as managing system-generated records or excluding voided transactions. In general, obtaining advanced functionality may occasionally necessitate additional customization work rather than native support. Review collected by and hosted on G2.com.

By consolidating POs, vendor bills, and payments into a single system, NetSuite removes data silos and eliminates the need for cross-tool reconciliation. By preventing overbilling beyond tolerance limits, for example, it helps enforce financial control and lowers risk and errors. It saves you time on validations and approvals by streamlining the automation of manual processes (saved searches, workflows). It enhances reporting and visibility, enabling you to swiftly examine transaction details and discrepancies. It facilitates more seamless data synchronization between systems by integrating with programs like Boomi. Review collected by and hosted on G2.com.

I wish there was a GL template that could be set up in Acumatica that would automatically make updates to the Excel files. For example, when we added the project number and quantity columns to Acumatica, they were not automatically added to every instance of a GL in Excel. We had to manually add the two columns to approximately 50 files. I wish it would connect to Microsoft Dynamics CRM too. Review collected by and hosted on G2.com.

Velixo transforms Acumatica from static to dynamic, automating data refreshes and saving manual entry time. It prevents the need to export multiple reports, ensuring accuracy and efficiency. Auto-refreshing templates save extra steps and simplify my financial tasks. 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.

Anaplan has a steep learning curve and requires disciplined model design to stay scalable.

Anaplan is not ideal for highly transactional use cases. Review collected by and hosted on G2.com.

Anaplan replaces fragmented spreadsheet-based planning with a connected platform that supports advanced forecasting, rapid scenario analysis, and governed processes. This results in faster planning cycles, better forecast accuracy, improved transparency, and more reliable model management as solutions scale. 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.

Honestly, I can't think of anything that I dislike about it. Review collected by and hosted on G2.com.

The most crucial problem that Vena is solving for our organization is bringing our outside excel reports into Vena and having the ease of integrating it with our accounting software and it updating in real time. Review collected by and hosted on G2.com.

Honestly, everything about QuickBooks Online is best. However, it is little difficult to learn the system but we get used to it. Review collected by and hosted on G2.com.

I use QuickBooks Online to send invoices daily, track expenses and payments, and manage profit and loss. It keeps documents ready for tax season and simplifies my finance management, saving me a lot of time. Review collected by and hosted on G2.com.

As great as all the integration is with Stok.ly, my only minor issue is the lack of integration with TikTok shop, meaning I have to manually place orders, which isn't the most detrimental issue in the world, however, it is a minor inconvenience Review collected by and hosted on G2.com.

I’m very pleased with Stock.ly overall. We moved from a very out-of-date system last year, and as soon as we implemented Stock.ly, it started streamlining the way our business operates. It brought our warehouse and brick-and-mortar shop together and helped squash many of the problems we’d been dealing with before. 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.

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.

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 to add here as I found the platform to be very intuitive and user friendly. Team has been prompt with their assistance. Review collected by and hosted on G2.com.

Our company facilitates peer-to-peer lending and we are perhaps the largest in the country. So naturally we handle a large number of transactions on a daily, weekly and monthly basis. This leads to a lot of data being generated. To manage and reconcile this data, we are using Kosh. The platform has features like monitoring unresolved transactions and generating customs reports which my team and I find extremely beneficial. Review collected by and hosted on G2.com.