Gravity Software Features
What are the features of Gravity Software?
General Ledger
- Journal Entries
- Audit Trail
Accounts Receivable
- Invoice Customization
- AR Automation
Accounts Payable
- AP Automation
- Payment Processing
Other Functionality
- Reconciliations
Reporting & Analytics
- Financial Statements
- Custom Reporting
- Dashboards
Platform
- User, Role, and Access Management
- Performance and Reliability
- Output Document Generation
Integration
- Data Import and Export Tools
Cash Flow
- Income and Expenses
Top Rated Gravity Software Alternatives
Technology Glossary Features
View definitions of the features and discover new technology terms.
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General Ledger
Journal Entries | As reported in 17 Gravity Software reviews. Increases user efficiency by auto-populating based on previously entered information. Schedules future entries. Allows Journal Entries to be uploaded from an external source. | 91% (Based on 17 reviews) | |
Tags / Dimensions | As reported in 12 Gravity Software reviews. Ability to tag all transaction in the general ledger with customizable dimensions, classes, categories, etc. These dimensions should be available on any transaction in any module in the system and available to be reported upon. | 92% (Based on 12 reviews) | |
Audit Trail | As reported in 13 Gravity Software reviews. Automates chronological tracking of transactions that have affected a specific operation, procedure, event or record | 92% (Based on 13 reviews) |
Accounts Receivable
Invoice Customization | The layout of the invoice template is fully customizable and you can add or remove fields. 14 reviewers of Gravity Software have provided feedback on this feature. | 86% (Based on 14 reviews) | |
AR Automation | Based on 13 Gravity Software reviews. Automation helps the user be more efficient by populating default customer data, setting up systematic payments from clients and automatically matching customer receipts to outstanding transactions. | 87% (Based on 13 reviews) | |
Collections Automation | The system automates the dunning process to help drive collections | Not enough data |
Accounts Payable
AP Automation | Steamlines data entry by auto populating recurring or predefined vendor values This feature was mentioned in 15 Gravity Software reviews. | 86% (Based on 15 reviews) | |
Payment Processing | As reported in 16 Gravity Software reviews. Ability to manage, track and report on numerous payment types. Customize and automate complex purchase to pay work flow. | 86% (Based on 16 reviews) | |
Purchase Orders | Software supports purchase orders and provides purchasing personnel, management and accounts payable with visibility needed to streamline the procure to pay process | Not enough data |
Other Functionality
Inventory Tracking / Ordering | Real time inventory tracking. Maintains accurate "On Hand" infomation by matching reserved inventory requested on purchase and sales orders. | Not enough data | |
Inventory Pricing and Costing | Ability to establish multiple price levels. Update pricing on a per item or global inventory basis. Choice between multiple costing methods such as Average, LIFO, FIFO and Specific Unit. | Not enough data | |
Inventory Reporting | See feature definition | Customizable reporting allows insight into usage of inventory and services. | Not enough data |
Multi-Entity / Consolidation | Based on 11 Gravity Software reviews. Multi-ledger and multi-tenant architecture. Automated consolidations, inter-entity transactions and eliminations | 95% (Based on 11 reviews) | |
Recognition Rules | Automates recognition of revenue and expenses by defining recognition rules. | Not enough data | |
Reconciliations | Based on 15 Gravity Software reviews. Transactions are imported from source systems and automated matching reconciles majority of transactions. Includes user flexible, user defined matching and grouping rules to help reduce the time needed to produce accurate reconciliations. | 88% (Based on 15 reviews) | |
Payroll | Payroll module or integration to an external payroll provider which automates the recording of payroll | Not enough data | |
Time and Expense | Automated time and expense capture, tracking, approval, reimbursement and reporting | Not enough data |
Reporting & Analytics
Financial Statements | Based on 16 Gravity Software reviews. General reporting offered covers all of the standard financial statements and meets the basic needs of the business | 89% (Based on 16 reviews) | |
Custom Reporting | Based on 16 Gravity Software reviews. Reports created by the user to cater to specific requirements. If you can build it in Excel, you can build it in the custom report writer | 85% (Based on 16 reviews) | |
Budgeting / Forecasting | Create and revise an unlimited number of budget, plan and forecast scenarios. | Not enough data | |
Dashboards | An easy to read, often single page, real-time user interface, showing a graphical presentation of the current status and historical trends of an organization's Key Performance Indicators (KPIs) to enable instantaneous and informed decisions to be made at a glance This feature was mentioned in 16 Gravity Software reviews. | 88% (Based on 16 reviews) |
Platform
Customization | Allows administrators to customize to accommodate their unique process. Includes ability to create custom objects, fields, rules, calculations, and views. This feature was mentioned in 13 Gravity Software reviews. | 88% (Based on 13 reviews) | |
Workflow Capability | Based on 11 Gravity Software reviews. Automates a process that requires a series of steps that typically require intervention by several different users. Administrators can write rules to determine who and when a user needs to complete a step. Also includes notification of users when they need to take action. | 88% (Based on 11 reviews) | |
User, Role, and Access Management | Grants access to select data, features, objects, etc. based on the users, user role, groups, etc. 16 reviewers of Gravity Software have provided feedback on this feature. | 91% (Based on 16 reviews) | |
Internationalization | Enables users to view and transact business with the same content in multiple languages and currencies. | Not enough data | |
Performance and Reliability | Software is consistently available (uptime) and allows users to complete tasks quickly because they are not waiting for the software to respond to an action they took. This feature was mentioned in 16 Gravity Software reviews. | 84% (Based on 16 reviews) | |
Output Document Generation | As reported in 13 Gravity Software reviews. Allows administrators to create templates that enable users to quickly generate dynamic documents in various formats based on the data stored in the application.
| 85% (Based on 13 reviews) |
Integration
Data Import and Export Tools | Based on 15 Gravity Software reviews. Ability to input, modify and extract data from the application in bulk through a structured file. | 86% (Based on 15 reviews) | |
Integration APIs | Application Programming Interface - Specification for how the application communicates with other software. API's typically enable integration of data, logic, objects, etc with other software applications. | Not enough data | |
Breadth of Partner Applications | To what extent are there partner applications readily available for integrating into this product? Partner applications typically provide complementary, best of breed functionality not offered natively in this product. | Not enough data | |
Accounting | Provide integration with accounting and financial management software | Not enough data | |
Payment Integration | Integrate with payment gateways and enterprise payments software | Not enough data | |
ERP | Deliver integrations with accounting modules of ERP systems | Not enough data |
Inventory Management Platform Features
Centralized Inventory Database | Manage and track all inventory records across warehouses and retail locations through a single unified database. | Not enough data | |
Inventory Level Dashboards | Maintain a visual on product stock levels throughout your facilities with flexible inventory dashboards. | Not enough data | |
Stock History Reporting | View the history of individual items and compare the sales performance of new to old stock in order to inform purchasing decisions. | Not enough data | |
Low Stock Notifications | Set low stock thresholds and receive automatic alerts when stock decreases to that level. | Not enough data | |
Bundles, Kits, & Variants | Automatically adjust inventory for product bundles, kit orders, and product variations within the system. | Not enough data | |
Asset Tracking | Use barcode or radio-frequency identification (RFID) technology with specialized readers or mobile applications to track inventory assets throughout warehouse facilities. | Not enough data | |
Inventory Forecasting | Optimize inventory levels with features that suggest reorder points and economic order quantities (EOQs) that facilitate inventory management. | Not enough data | |
eCommerce Integrations | Integrate shopping carts, eCommerce platforms, POS, and payment gateways with the system to link inventory records between across platforms. | Not enough data | |
Accounting Integrations | Track inventory costs and costs of goods sold (COGS) with accounting software integrations. | Not enough data | |
Data Exporting / Importing | Transfer large volumes of inventory data records into and out of the system with built-in import / export tools. | Not enough data |
Invoice Management
Capture | Provide features to capture invoices such as import or scanning | Not enough data | |
Supplier Portal | Allow suppliers to submit invoices using an online portal | Not enough data | |
Repository | Deliver a central repository of AP documents, such as POs and invoices | Not enough data |
Invoice Processing
Matching | Ability to match AP invoices to POs, contracts, or payments | Not enough data | |
Payments | Identify incomplete or late supplier payments | Not enough data | |
Workflows | Include workflows for approvals and invoice processing | Not enough data | |
Tax Compliance | Comply with local and global tax regulations for collections | Not enough data |
Analytics
Due Dates | Track invoices based on due dates to identify overdue payments | Not enough data | |
Benchmarking | Ability to compare AP automation metrics with other companies | Not enough data | |
KPIs | Monitor KPIs such as time to process an invoice or erroneous payments | Not enough data |
Cash Flow
Track Cash Flow | Check cash on hand at the beginning of each month and view each day’s incoming and outgoing funds. | Not enough data | |
Income and Expenses | Add one-time or recurring cash flow items and add line items for each payment or deposit. 14 reviewers of Gravity Software have provided feedback on this feature. | 92% (Based on 14 reviews) | |
File Exports | Timesheets, projects, tasks, income or expenses can all easily be exported to pdf, xls or csv for simpel cash clow analysis. | Not enough data |
Budgeting & Forecasting
Budgeting / Forecasting | Create and revise an unlimited number of budget, plan and forecast scenarios. | Not enough data | |
Data Import | Based on 11 Gravity Software reviews. Import trial balance, monthly P&L, balance sheets, and other types of financial data | 88% (Based on 11 reviews) | |
Versioning | Keeps track of all versions of a budget and allows users to compare versions | Not enough data | |
Historical Data | Forecasting is based on past transactions and historical financial or operational data | Not enough data |
Revenue
Revenue Types | Supports multiple types of revenues, such as recurring and transaction based | Not enough data | |
Revenue Allocation | Allows users to allocate revenues to various business entities or departments | Not enough data | |
Scheduling | Automatic scheduling to ensure that revenue is recognized at the proper time | Not enough data |
Multichannel inventory management
Warehouse Inventory Transfer | Allows users to create warehouse-to-warehouse transfers knowing the exact stock levels for both locations when sending and receiving | Not enough data | |
Multichannel Inventory Syncing | Allows users to sync inventory across multiple stores, marketplaces, and warehouses | Not enough data | |
Multi-Warehouse Routing | Allows users to connect sales channels to specific warehouses. | Not enough data |
3PL inventory management
Client management | Allows users to manage all thier clients on one system | Not enough data | |
Marketplace connections | Allows users to connect marketplaces for each client | Not enough data | |
3PL inventory tracking | Allows inventory tracking for specific customer required attributes such as lot, serial, style/color/size | Not enough data |
Inventory Management
Inventory Tracking | See feature definition | Real-time inventory tracking. Maintains accurate "On Hand" information by matching reserved inventory requested on purchase and sales orders. | Not enough data |
Inventory Costing | Ability to establish costing methods such as Average, LIFO, FIFO, and Specific Unit. | Not enough data | |
Product Master | Manage and track all inventory records across warehouses and retail locations through a single unified database. | Not enough data | |
Inventory Forecasting | Optimize inventory levels with features that suggest reorder points and economic order quantities (EOQs) that facilitate inventory management. | Not enough data | |
Integrations | Integrate shopping carts, eCommerce platforms, POS, and accounting with the system to link inventory records across platforms. | Not enough data |
Payroll
Direct Deposit | Automatically deposits paychecks into employees' bank accounts. | Not enough data | |
Check/W-2 Printing | Allows administrators to print valid paychecks and W-2 forms. | Not enough data | |
Tax Calculation | Calculates taxes due and may include resources or tools for federal and state tax compliance. | Not enough data | |
Reporting and Dashboards | Access pre-built and custom reports and dashboards to track payroll costs and for compliance purposes. | Not enough data |
Risk
Analysis | Reduces future risks through root cause analysis and process improvement | Not enough data | |
Identification | Reduces frequency of errors, identifies risk and improves efficiency | Not enough data | |
Scoring | Scores suppliers and employees based on risk factors | Not enough data |
Recovery
Recoup | Identifies and recoups funds and prevents errors from happening again | Not enough data | |
Reporting | Offers reporting to aid in minimizing future lost profits and process breakdown | Not enough data |
Audit
Filters | Includes a library of audit-tested filters to identify AP outliers that are outside company policy | Not enough data | |
Overpayments | Detects and prevents a wide range of overpayment errors | Not enough data | |
Duplicates | Detects and prevents a wide range of duplicate payments | Not enough data |
Fraud
Vendor Checks | Enables automatic checks of new vendors being set up in the system to combat potential billing schemes | Not enough data | |
Data Generation | Generates comprehensive data needed to conduct a thorough investigation | Not enough data | |
Monitoring | Provides continuous, proactive fraud monitoring across multiple systems and data formats | Not enough data |
Reporting
Status | Reports on the status of invoices or payments | Not enough data | |
Customer Credit | Run reports on customer credit | Not enough data | |
History | Tracks all transactions, from issuing invoices to payment reminders to receiving payment | Not enough data |
Integrations
Accounting | Integrates with accounting or similar platforms | Not enough data | |
ERP | Integrates with ERP systems | Not enough data | |
CPM | Integrates with Corporate Performance Management platforms | Not enough data |
Transactions
Credits | Manages credit limits based on customer credit scores, payment history, or other financial metrics | Not enough data | |
Invoices | Creates or imports invoices | Not enough data | |
Payments | Collects different payment types and manages payment terms | Not enough data |
Workflows
Approvals | Offers customizable approval processes for all types of transactions | Not enough data | |
Reconciliation | Reconciles payments to invoices to ensure matching | Not enough data |
AI
Data Extraction | Uses AI to automatically input data from receipts, invoices, and other documents | Not enough data | |
Invoice Processing | Uses AI to generates, send, and track invoices | Not enough data | |
Expense Management | Uses AI to categorize expenses, detect anomalies, and provide insights on spending patterns | Not enough data | |
Fraud Detection | Uses AI to detect unusual patterns and flag potential fraudulent activities in real-time | Not enough data | |
Tax Compliance | Uses AI to assist in calculating taxes, ensuring compliance with changing tax regulations, and automate the preparation of tax returns | Not enough data | |
Support Chatbots | Uses AI and NLP-powered chatbots to provide customer support and assist with queries regarding financial data and reports | Not enough data | |
Bank Reconciliations | Uses AI to match transactions recorded in the accounting system with those in bank statements | Not enough data | |
Report Generation | Uses AI to generate detailed financial reports, dashboards, and visualizations to provide insights into the financial health of the business | Not enough data | |
Customizable Alerts | Uses AI to set up alerts for various financial activities, such as payment due dates or low cash balances | Not enough data | |
Predictive Analytics | Uses AI to analyze data to identify trends and make predictions | Not enough data |
Mobile Applications - Accounting
Cloud Integration | Enables synchronization of accounting data across devices in real-time | Not enough data | |
Notifications | Send push notifications for important updates, such as due dates, invoice statuses, or tax deadlines | Not enough data | |
UI | Simplifies interfaces to be user-friendly and tailored for smaller screens, such as mobile phones and tables | Not enough data | |
Offline | Allows users to view and update certain data without an internet connection | Not enough data | |
Expense Tracking | Allows users to capture and upload expense receipts directly from mobile devices | Not enough data | |
Invoice Management | Enables creation, editing, and sending of invoices | Not enough data |
