Features
Top Performing Features
Accounts payable
This includes the automation and tracking of payment to vendors and suppliers, with features such as payment scheduling, check printing, open purchase order alerts, document management, direct ACH bill payment, and vendor records.
Category average: 8.3
Accounts receivable
This includes the management and automation of invoices and collections, with features like statements, invoices, receipts, payment reminders, customer records, auto billing, and refund checks.
Category average: 8.2
Global Financial Support
Account using multiple ledgers, multiple currencies, and multiple entities
Category average: 7.8
Journals and Reconciliations
Automate and synchronize ledgers and processes
Category average: 8.2
Customization
This addresses a company’s ability to configure the software to fit its specific use case and workflow.
API for custom integration
An API (application programming interface) provides a standard programming interface for connecting third-party systems to the software for data creation, access, updating and/or deletion.
Category average: 7.6
Plug-ins
A number of third-party plug-ins are available to expand the core functionality of the software.
Category average: 7.6
Security
This component helps a company minimize the security risks by controlling access to the software and its data, and encouraging best practices among users.
Single sign-on capability
The software system supports a centralized authentication mechanism allowing the user to access multiple systems with a single, centrally managed password.
Category average: 8.3
Role-based user permissions
Permissions to perform actions or access or modify data are assigned to roles, which are then assigned to users, reducing complexity of administration.
Category average: 8
Reporting & Analytics
Users can report on and analyze usage, performance, ROI, and/or other metrics of success.
Dashboards
Users can create, customize and share dashboards, which provide an overview of the most important metrics.
Category average: 7.7
Standard reports
The software offers pre-built reports with metrics standard to the category.
Category average: 7.5
Custom reports
Users can create custom reports.
Category average: 7.6
General Ledger and Configurable Accounting
Financial management solution, including capabilities for general ledger and configurable accounting
Accounts payable
This includes the automation and tracking of payment to vendors and suppliers, with features such as payment scheduling, check printing, open purchase order alerts, document management, direct ACH bill payment, and vendor records.
Category average: 8.3
Accounts receivable
This includes the management and automation of invoices and collections, with features like statements, invoices, receipts, payment reminders, customer records, auto billing, and refund checks.
Category average: 8.2
Global Financial Support
Account using multiple ledgers, multiple currencies, and multiple entities
Category average: 7.8
Journals and Reconciliations
Automate and synchronize ledgers and processes
Category average: 8.2
Configurable Accounting
Configure accounting rules and segments for each chart of accounts
Category average: 8
Standardized Processes
Centralize financial management to facilitate standardized financial processes
Category average: 8.2
Inventory Management
The ability to track and manage the flow of goods or materials into and out of an inventory.
Inventory tracking
The software syncs orders and stock to maintain a real-time picture of inventory and supports multiple methods such as LIFO and FIFO.
Category average: 8
Automatic reordering
The software can be set up to automatically reorder a good when it falls below a certain threshold.
Category average: 7.6
Location management
The software can track multiple goods across multiple locations.
Category average: 7.7
Order Management
The ability to process orders, and track them from quote to cash.
Pricing
Users can set up complex and unique pricing requirements.
Category average: 7.8
Order entry
Users can enter an order once, and the data flows to all the necessary units such as fulfillment and billing.
Category average: 8.2
Cost of goods sold
The software calculates the direct costs attributable to a finished product, such as materials and labor, and includes roll-up pricing.
Category average: 8
Subledger and Financial Process
Revenue management solution including capabilities for subledgers and financial processes
Billing Management
Access role-based billing work area, perform discrete and recurring billing
Category average: 7.9
Period Close
Sustain fast close with integrated subledgers, intuitive dashboards, embedded collaboration
Category average: 8.2
Project Financial Management
Project financial management solution including capabilities for project budgeting, cost control, billing and contract management.
Budgeting and Forecasting
Establish project budgets and forecast future project financials
Category average: 7.8
Project Costing
Standardize, track, and control costs at all project phases
Category average: 7.8
Cost Capture
Capture costs including those for procurement, financials or time and labor, including from external systems
Category average: 7.9
Project Execution Management
Project execution management solution including capabilities for project scheduling, resource management, and team member task management.
Task Insight for Project Managers
Project manager visibility into task progress of team members
Category average: 6.7
Grants Management
Grants management solution for higher education, public sector, or non-profits with capabilities for managing financial awards for program and project funding
Risk Management
Risk management solution with capabilities for managing controls, assessing control effectiveness, certifying controls, and addressing deficiencies
Control Management
Establish and update risk and controls matrix, control test plans, and instructions
Category average: 7.1
Logistics
Logistics solution with capabilities for transportation planning, transportation execution, trade compliance, customs management, warehouse management and warehouse workforce management.
Manufacturing
Manufacturing solution for managing manufacturing processes and costs.
Production Process Design
Define data for plant hierarchy, process standards, work areas, calendars and standard operations
Category average: 7.1
Production Management
Centralized critical status information for production supervisors
Category average: 7.5
Configuration Management
Capture and process customer configuration orders
Category average: 7.2
Work Execution
Monitor procution status, manage work orders for standard and non-standard production, enforce tight controls on serialized products
Category average: 7.5
Manufacturing Costs
Estimate, plan and monitor costs and variances by plant. Capture resource costs using standard, actual, LIFO, FIFO or multiple costing methods.
Category average: 7.4
Supply Chain
Supply Chain Planning solution with capabilities for planning, performance monitoring, change responses and execution.
Inventory Planning
Establish projected inventory levels, monitor actual levels and compare with projected levels
Category average: 7.3