Financial Reporting Software

There are minor enhancement requests we have submitted for FloQast compliance: adding filters to some of the compliance screens; being able to link narratives and controls across different audit projects (corp controls vs IT controls, for example). Review collected by and hosted on G2.com.

FloQast has introduced substantial efficiencies to our close process by providing real-time visibility into status updates, enhancing collaboration between our finance and accounting departments. The “watch” feature enables the finance team to monitor the accounting team’s progress, allowing them to initiate their tasks at the appropriate stage. In a remote work environment, this functionality has been particularly beneficial in helping our team stay aligned. Additionally, auditor access has been highly valuable, streamlining audit workflows. Review collected by and hosted on G2.com.

I don't really have any dislikes about Sage Intacct. It is so user friendly and easy to train others on when needed. The fact that it does not let you make errors is #1. Review collected by and hosted on G2.com.

Sage Intacct is helping me solve issues with keeping track of vendors that are required to receive 1099's at year end. This is such a great benefit having everything all in one place! Review collected by and hosted on G2.com.

Workiva can be a bit harder to use when formatting with images or insertion of objects, such as graphs. In general, customization options can feel limited at times. Review collected by and hosted on G2.com.

In terms of SEC reporting, Workiva ensures we have strict version control over our document and through linking, ensures data accuracy. Its platform centralizes data, automates updates, and enhances collaboration, reducing manual errors and time spent on tasks. Review collected by and hosted on G2.com.

Still can be building certain features, but they are extremely fast on responses to new requests. Review collected by and hosted on G2.com.

More efficient month end close, as well as being quicker in getting management accounts out. Additionally, looking to implement Liveflow's dashboards to get real time data to stakeholders through management accounts and budgets. Review collected by and hosted on G2.com.

The learning curve and more advanced building processes can be tough to wrap your head around at first. Setting up your own template and making mistakes will help you learn sooner as you work with your Implementation manager. Review collected by and hosted on G2.com.

Work hard in your implementation to set up some of your own templates so you know how the software works. Review collected by and hosted on G2.com.

We had a very slow and painful close process as well as issues with memory space on previous software solutions. We've now cut our monthly close process on the FP&A side down from 2 weeks to 2 days. Review collected by and hosted on G2.com.

Out of the box, barebones Netsuite will probably work for exactly nobody. You will need some levels of add on modules or scripted customization to fit your business needs, and the costs can add up very quickly. it would be nice if some of this is better explained up fron or the pricing was made more transparent, but the results in many ways speak for themselves. Review collected by and hosted on G2.com.

Netsuite will help us streamline and consilidate our many departments digital platforms. Prior to implementation we relied heavily on manually inputted putside documents and mixmatched across departments with ineffective communication within those tools. We are working towards a single platform to handle and track everything from first lead to final invoice and all the operations inbetween. Review collected by and hosted on G2.com.

There is nothing at this time I dislike about Drivetrain. Review collected by and hosted on G2.com.

Data quality, data access, less manual reports.

It benefits us by allowing the Accounting team as well as the Finance team to streamline the consolidation process and ease of reporting. Review collected by and hosted on G2.com.

Nothing really. We just went live with the solution and are in the middle of our FY25 Budget preparation, so still learning about all of the capabilities. The formula syntax is very much like excel, so it has been fairly easy to make the transition. Review collected by and hosted on G2.com.

Budgeting and Forecasting across a larger organization, along with monthly reporting and analysis. Mosaic is helping ensure the accuracy of the budgeting process by eliminating the risk and access controls involved in using a shared excel template. It also is eliminating cycles of time in the month-end review process by giving department and expense owners the required info they need to manage their function with the level of detail to avoid cycles of back and forth Q&A with the accounting team. Review collected by and hosted on G2.com.

Anaplan's pricing can be confusing and opaque. This is due to an evolving platform, technology, and GTM model. Customers from just 3 years ago may have completely different expectations on pricing and that can cause friction. However, the GTM model had to change - the platform, which did not drastically change from 2014-2022, has received an incredible overhaul in terms of technical functionality, and old pricing models did no capture that at all. Review collected by and hosted on G2.com.

I will specifically answer this question regarding the territory and quota (T&Q) use case. T&Q represents a widespread, needed-everywhere planning problem but it doesn't have any of its own big software players. The reason is that Anaplan is so well-suited to the use case, that you'd waste your time trying to create a bespoke competitor. And Anaplan's offering is only strengthening.

T&Q has the hallmarks needs of planning: nuanced, many disparate data sets, very large data sets, operational and financial considerations, many distributed stakeholders, and consistent collaboration. Anaplan checks each of those boxes an we see it at our customers. Our customers tell us they love a prescriptive approach that they still can own (the new T&Q app comes out of the box), where they can merge what they love about their current process with the best-in-class they need. These streamlined T&Q apps help our customers create fairer territories with better account scoring, build better quotas to set the right incentives and reach the right attainment curve, and do it all significantly faster. Our happiest customer now deploys territories and quota before the yera begins when it previously took them until 6 weeks into Q1. Review collected by and hosted on G2.com.

I've found the g-accon menu not overly intuitive and sometimes find myself having to click on options, exit then revisit the, particulary when building new reports. Review collected by and hosted on G2.com.

effeciency in the finance team 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.

The first setup took a lot of time and was a little complicated. But the support staff was really helpful, and as everything was set up, everything went without a hitch. As a result, it has a steep learning curve, but it is quite beneficial once you get the feel of it. Review collected by and hosted on G2.com.

I can concentrate on selling and fostering better relationships with customers because it removes the need for human updates and guarantees proper inventory levels. It has significantly increased the effectiveness of our sales process. Review collected by and hosted on G2.com.

Nothing for now. The app is great and user friendly. Review collected by and hosted on G2.com.

It helps integrate the tax engine with the ERP. Review collected by and hosted on G2.com.

It is a not a drag-and-drop tool for do it yourself dashboarding. But it is also not intended to be this. The target of Apliqo is rolling out applications to a group of end users that can get going without the need for extensive trainings. Review collected by and hosted on G2.com.

We mainly use Apliqo (both UX and FPM) for internal reporting. We use it for our day-to-day timesheets, our (financial) month end close, dashboarding and reporting.

The operational model is tracking our projects on a day-to-day basis, provinding an overview of budgets-to-date, time spent (hours/days), expenses tracking. Our users are entering information on a daily basis.

For the financial closing we are currently utilising the P&L/Balance sheet reporting layer across our region, based on input from various countries, coming from different data sources (accounting systems).

Everything gets harmonized through a common mapping to a uniform group layer. Review collected by and hosted on G2.com.

There have been times that, due to the size of the reports, the queries do get stuck. If there is a way to not refresh multiple files that are open at the same time, I need to learn this, but that is primarily what happens shutting down my PC for a good 20 - 30 minutes at times for the files to refresh. Review collected by and hosted on G2.com.

We had previously paid for Budgeting Tools unbenounced that Velixo can handle it all plus integrate the final approved Budget into our Accounting Software (Acumatica). Because of the ease of creating the real-time reports, this has strongly benefited our budgeting process and helped to save the Company money being that Velixo truly is a one-stop shop. Review collected by and hosted on G2.com.

With any new disruptor, there were a few hiccups when first working in the product. However, Rillet's team has been very quick to release solutions and workflows to help streamline our month-end close process. Review collected by and hosted on G2.com.

Streamlining and automating our month-end close process, which results in less business days required to close the books. Rillet integrates with most software and help creates workflows that save time and ensure accuracy. Review collected by and hosted on G2.com.

The customer support for this software experiences take too long for revert and it could should be improved. Review collected by and hosted on G2.com.

You can easily access user data in one place and modify billing address descriptions or add new customers. You can choose your preferred invoicing format, and file GST directly from the Zoho portal. Everything from invoices and POs to credit notes and e-way bills can be managed in one location, eliminating the need for double entry. 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.

I have yet to experience a downside of using Campfire. Review collected by and hosted on G2.com.

Consolidating and reporting multiple legal entities with numerous currencies was a headache, and expensive, in Netsuite. Campfire makes it easy and fun! Additionally, Campfire has a dashboard with KPIs that are relevant to my business that I can actually trust. This makes internal and external reporting much easier and less stressful. Review collected by and hosted on G2.com.

We did extensive diligence for an FP&A tool because as a small org, this was a big decision for us. We're pleased to report there's not a single reason we regret that decision! We made the right one. Review collected by and hosted on G2.com.

Abacum is democratizing our financial data, allowing us to plan better operationally, and to forecast revenue realization. Review collected by and hosted on G2.com.