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Gravity Software Reviews & Product Details - Page 2

Gravity Software Overview

What is Gravity Software?

Gravity Software is a cloud accounting solution specifically designed for mid-market businesses that operate multiple entities. This innovative platform enables CFOs and finance directors to streamline their multi-entity accounting processes, effectively eliminating the need to log in and out of various databases to manage intercompany transactions. By centralizing financial data, Gravity Software allows organizations to compile end-of-month reports more efficiently, enhancing transparency and collaboration across departments. Targeted at mid-market businesses, Gravity Software is particularly beneficial for organizations with complex financial structures, such as family offices, hospitality groups, and other multi-entity operations. The platform’s design caters to the unique challenges faced by these businesses, including the need for accurate multi-currency accounting. Gravity automates currency conversions and calculates foreign currency gains and losses, simplifying the financial management process for companies operating in diverse markets. Because Gravity is built on the Microsoft Power Platform, it’s easy for Microsoft users to get started and find everything they need in the workspace they’re already using. That includes built-in business intelligence, automated workflows and enterprise-level security without the price tag of a large ERP system. The Microsoft Power Platform natively integrates with many of the applications your business likely already uses, including those within Microsoft 365: Teams, Excel, Power Automate, Power BI and more. This allows users to create automated workflows that improve operational efficiency and reduce manual data entry. Gravity Software uses AI for invoice processing and AP automation, saving accounting teams hours each week. Gravity Software's payment processing also makes it easy to accept ACH payments quickly from one bank account to another, aggregate transactions from multiple global financial institutions, pay vendors in multiple countries using preferred payment methods, and invoice customers and receive payments through a secure payment portal. The benefits of using Gravity Software extend beyond time savings. Users report significant improvements in their reporting timelines, with the ability to generate consolidated reports quickly and effortlessly. The platform’s user-friendly interface allows finance professionals to focus on their core tasks without the distraction of navigating multiple systems. In the words of Shila Singh, Head of Finance at the British Institute of Innkeeping, the ability to select the desired entity and continue working without interruption has transformed their financial reporting processes. Gravity Software stands out in the cloud accounting landscape by offering a comprehensive solution tailored to the needs of mid-market businesses with multiple entities. Its focus on automation, integration, and user experience positions it as a valuable tool for organizations looking to enhance their financial management capabilities and drive greater efficiency across their operations.

Gravity Software Details
Product Website
Languages Supported
English
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Product Description

Gravity Software™ (Gravity) is the only cloud accounting business management application exclusively built from the ground up on the Microsoft Dynamics 365 platform. Formerly known as Microsoft CRM, this platform provides small to medium size businesses (SMBs) an open platform to choose which features they need for their unique business.

How do you position yourself against your competitors?

Gravity is a mid-market business accounting solution with many of the features of an ERP system, without the expensive price tag.


Seller Details
Company Website
Year Founded
2013
HQ Location
Detroit, Michigan
Twitter
@GravityCloudERP
196 Twitter followers
LinkedIn® Page
www.linkedin.com
6 employees on LinkedIn®
Description

Gravity Software is a provider of cloud-based accounting and financial management solutions designed for small to medium-sized businesses. Their platform offers features such as invoicing, expense tracking, and reporting, aimed at streamlining financial processes and improving operational efficiency. With a focus on user-friendly design and integration capabilities, Gravity Software helps businesses manage their financial data effectively. For more information, visit their website at [gogravity.com](https://www.gogravity.com).


Valerie S.
VS
Overview Provided by:

Recent Gravity Software Reviews

JR
Joan R.Small-Business (50 or fewer emp.)
5.0 out of 5
"Best Multi-Entity Accounting Software for Small-Mid Sized Businesses & Private Offices"
Gravity is perfect for businesses that have multiple entities (and deal with multiple currencies) as well as family or private offices. I love tha...
JD
Jackie D.Small-Business (50 or fewer emp.)
5.0 out of 5
"Such a great solution!"
Gravity Software allows us to work daily in multiple enties with ease! Additionally, the management and support team are always attentive and help...
AV
Amanda V.Small-Business (50 or fewer emp.)
4.5 out of 5
"Great for Multi-entity accounting"
I like the ability to post intercompany transactions with one entry. Reduces chances of mistakes. I/C accounts are always balanced. Being able t...
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Gravity Software Media

Gravity Software Demo - Gravity Dashboard
Home dashboard
Gravity Software Demo - Gravity Multi-Company Management
Multi-Company Management
Gravity Software Demo - Gravity Purchase Order
Purchase Order Capabilities
Gravity Software Demo - Gravity Multi-Location Inventory
Inventory Management - Light Manufacturing Capabilities
Gravity Software Demo - Gravity Multi-Currency
Multi-Currency Capabilities
Gravity Software allows organizations to set up multiple legal entities in one database and apply transactions to more than one entity.
Play Gravity Software Video
Gravity Software allows organizations to set up multiple legal entities in one database and apply transactions to more than one entity.
Gravity Software is built on the Microsoft Power Platform, allowing you to create personalized workflows for your business.
Play Gravity Software Video
Gravity Software is built on the Microsoft Power Platform, allowing you to create personalized workflows for your business.
See how Gravity Software's accounting automation capabilities save your team hours each week.
Play Gravity Software Video
See how Gravity Software's accounting automation capabilities save your team hours each week.

Official Downloads

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36 Gravity Software Reviews

4.5 out of 5
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36 Gravity Software Reviews
4.5 out of 5
36 Gravity Software Reviews
4.5 out of 5

Gravity Software Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for Gravity SoftwareQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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Joan R.
JR
Co-Founder, Co-CEO, COO
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Gravity Software?

Gravity is amazing for companies/clients with multiple entities that are small to mid sized. Review collected by and hosted on G2.com.

What do you dislike about Gravity Software?

Not a thing. Wish I had found it sooner. Review collected by and hosted on G2.com.

What problems is Gravity Software solving and how is that benefiting you?

We wanted an alternative to Quickbooks online that could handle multiple entity accounting and this is it. Review collected by and hosted on G2.com.

Verified User in Investment Management
AI
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Gravity Software?

After evaluating several enterprise accounting software firms and specialized family office software, we decided on Gravity to manage handful of entities investing in a diverse range of investments. We primarily use basic accounting features and the investment sub-module, which supports multi-entity- and multi-FX transactions.

As with any implementation there will be unexpected challenges, which is why appreciate Gravity's dedication to our success. To this day, I have direct access to Gravity's management and development team and they are always helpful in spending time to understand the problem and designing tailor fit solutions. The application is unique in the way it stores and queries data, and unlike most competing accounting solutions the user can actually access all the data in the background.

Being built on the Microsoft platform I can see how there is a lot of potential to make this application work for anyone. We have integrated our Outlook with Gravity to handle approval workflows and are now in the process of integrating Power BI for our investment presentation and reporting. Review collected by and hosted on G2.com.

What do you dislike about Gravity Software?

There are aspects of this application where the features and UI feel beta (e.g. Investment module, dashboards). Gravity is powerful and customizable, but it takes a technically proficient user to fully leverage those capabilities (data tables, integrations, power bi, workflows). For our particular use case it wasn't a turnkey solution and remains a constant work in progress, which was partly due to miscommunication during the implementation phase. I have no doubt that Gravity can be customized to fit most company's needs, and I suspect the application will keep on improving over time. Review collected by and hosted on G2.com.

Recommendations to others considering Gravity Software:

Have someone technical, experienced with both accounting and data, oversee the project. Review collected by and hosted on G2.com.

What problems is Gravity Software solving and how is that benefiting you?

Gravity is working to improve the Investment module and the logic in which it interacts with the general ledger. The result will be a more flexible way to capture certain transactions such as return of capital and transfers-in-kind. Review collected by and hosted on G2.com.

Verified User in Financial Services
AF
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about Gravity Software?

I like that Gravity is a cloud-based system.

It is easy to maneuver around the different areas such as Revenue, Expenses, Financial.

Our prior accounting system software was on a server which made updates costly and time-consuming. Review collected by and hosted on G2.com.

What do you dislike about Gravity Software?

I think the reporting can be better. The can reports are ok. There are report writer features which you can create reports but if you are not used to putting together reports it can be confusing.

Also, there should be better inquiry screens for viewing g/l accounts. Review collected by and hosted on G2.com.

Recommendations to others considering Gravity Software:

You should have good support from the consulting company for the implementation of the system and ongoing.

There are occasional adjustments, kinks, in the program so it is good to have a knowledgeable consultant to work with that can make corrections or notify Gravity as needed. Review collected by and hosted on G2.com.

What problems is Gravity Software solving and how is that benefiting you?

Creating consolidated reports for our multiple companies has been very helpful.

Also linking with Outlook helps to make emailing invoices to clients very easy. Review collected by and hosted on G2.com.

Response from Valerie Silvani of Gravity Software

Thank you for your review. Gravity is in the process of completing a new reporting architecture that will give the users more control on creating reports, allowing them to easily save their personal versions for future reporting. In our April 2022 release, we will be adding additional inquiry screens and edit reports.

Robert E.
RE
Chief Executive Officer
Small-Business(50 or fewer emp.)
Validated Reviewer
Review source: Organic
(Original )Information
What do you like best about Gravity Software?

Ease of use. The dashboard is very functional and easy to navigate. The service from the Gravity team is exceptional and beyond the norm. When they say they want to be a partner, they truly mean it and have shown it to me in remarkable ways! Review collected by and hosted on G2.com.

What do you dislike about Gravity Software?

My own impatience when waiting for a report that previously took hours to prepare, now takes a couple of minutes. Review collected by and hosted on G2.com.

Recommendations to others considering Gravity Software:

Gravity is so easy to use and the transition was so smooth! Have your accounts in order and the implementation will be painless. Review collected by and hosted on G2.com.

What problems is Gravity Software solving and how is that benefiting you?

The ability to create and prepare reports that roll up all 17 of our separate companies with ease. Working remotely, especially during the pandemic has been phenomenal! In fact, although I contracted Covid, I was able to continue with my job and it was a saving factor! Review collected by and hosted on G2.com.

RR
Senior Accounting Manager
Small-Business(50 or fewer emp.)
Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about Gravity Software?

Gravity allows our company to track all revenue & expenses via multiple unique identifiers. Having these dimensions makes researching and drilling down entires much easier. My favorite unique Gravity tool is the Advanced Find module that has Excel export capabilities. The intuitive field descriptions made learning this software a breeze. Review collected by and hosted on G2.com.

What do you dislike about Gravity Software?

Copy & paste keyboard shortcuts don't work well in the journal entry module. Review collected by and hosted on G2.com.

Recommendations to others considering Gravity Software:

Know that it is newer software, and some minor errors may occur, but the responsiveness of the Gravity Support allows you to have a say in the repair process. Review collected by and hosted on G2.com.

What problems is Gravity Software solving and how is that benefiting you?

Creating ad hoc reports in Excel allows us to reconcile our accounts in a timely matter. We can close our financials with ease & confidence. Review collected by and hosted on G2.com.

Brian N.
BN
Vice President Finance &amp; Strategy
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Gravity Software?

We selected Gravity for its functionality and feature set that addresses several requirements for a mid-market accounting package. We further liked the fact that it was built on the Microsoft PowerPlatform, providing the ability to develop and expand as your business grows. Review collected by and hosted on G2.com.

What do you dislike about Gravity Software?

Integration features are less mature than more established accounting packages, but there is sufficient flexibility to enable practical and efficient alternate solutions. Review collected by and hosted on G2.com.

What problems is Gravity Software solving and how is that benefiting you?

Multi-entity accounting is the primary use case for the capability of Gravity. We are in the process still of building out our Group structure and expect to realize significant efficiency from the features Gravity offers. Review collected by and hosted on G2.com.

Scott M.
SM
Vice President
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Gravity Software?

We are a multi-entity, one database, so no more logging in and out of Company files. Review collected by and hosted on G2.com.

What do you dislike about Gravity Software?

Microsoft has a set time limit to processing batches or reports at a meager 2 mins. It will process for 2 mins and then take a break for a few minutes before restarting can cause some lengthy run times for Consolidated Financials or Large transaction batches. The Gravity team has already created a fix. Review collected by and hosted on G2.com.

What problems is Gravity Software solving and how is that benefiting you?

Intercompany transactions. On a single JE, Gravity automates the other half of the transaction for you. No more cutting and pasting Consodidated financials every Month. Power BI Dashboard shows your position in real-time. Review collected by and hosted on G2.com.

Verified User in Construction
UC
Small-Business(50 or fewer emp.)
Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about Gravity Software?

Very easy to use to input checks and keep track of vouchers. Review collected by and hosted on G2.com.

What do you dislike about Gravity Software?

Cannot input enough info on check stub for vendors Review collected by and hosted on G2.com.

What problems is Gravity Software solving and how is that benefiting you?

Have learned to void a check Review collected by and hosted on G2.com.

Verified User in Fund-Raising
AF
Mid-Market(51-1000 emp.)
Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about Gravity Software?

I like that you can work and access the program from any location. Review collected by and hosted on G2.com.

What do you dislike about Gravity Software?

The processing time for postings takes a while to show up, slowing the user down. Review collected by and hosted on G2.com.

Recommendations to others considering Gravity Software:

We were using a product that was at its end of life. Gravity was a smooth transition since there were some similarities between the two. Review collected by and hosted on G2.com.

What problems is Gravity Software solving and how is that benefiting you?

I am communicating with them on improving some report functions that will help our specific business. The benefit of it being cloud-based has allowed us to work from home. In the Covid era, this has been the most significant benefit. Review collected by and hosted on G2.com.

DR
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Gravity Software?

The best feature of Gravity is the ability to manage multiple legal entities and easily consolidate the financials. Before Gravity, our company used QuickBooks which made these tasks very time-consuming and inefficient. Thanks to Gravity switching between legal entities is as easy as selecting from a dropdown. The simplified workflow has saved hours of work per week. Review collected by and hosted on G2.com.

What do you dislike about Gravity Software?

The only feature holding Gravity back is the reporting. It meets the basic needs, but it feels outdated, slow, and clunky. Reporting can be enhanced with PowerBI, but this is by no means an easy implementation for none-technical users. My ideal software would merge the rich feature set available in Gravity with the comprehensive and intuitive reporting from QuickBooks. I have been told that Gravity is working on pushing out reporting enhancements and assuming they hit the mark I believe Gravity will become one of the top accounting software on the market. Review collected by and hosted on G2.com.

What problems is Gravity Software solving and how is that benefiting you?

The biggest problem Gravity solved for our company is the management of multiple legal entities. There have been noticeable savings in hours associated with the monthly/quarterly financial consolidations. Review collected by and hosted on G2.com.