Cloud Solution |
Yes |
– |
– |
Desktop solution – Limited access – Hosting required |
– |
Yes |
Yes |
Auto access anytime, from anywhere, on any device |
Yes |
Extra hosting costs * |
Extra hosting costs * |
Additional cost required for Server management or Hosting |
– |
Yes |
Yes |
Number of Users and Guests (Maximum Allowed) |
Unlimited |
1 to 10; and 30 |
1 to 10; and 30 |
Software End User License Agreement and Payment Terms |
Monthly |
Annual Upfront |
Annual Upfront |
Annual software license cost for 1 x User (Inc Inventory & Projects) |
$ 720.00 |
$ 911.97 |
$ 828.52 |
Annual software license cost for 10 x Users (Inc Inventory & Projects) |
$ 2 160.00 |
$ 10 943.64 |
$ 10 595.95 |
Annual software license cost for 30 x Users (Inc Inventory & Projects) |
$ 5 760.00 |
$ 29 547.83 |
$ 28 608.23 |
Number of days – funds held by Software Vendor |
0 days |
7 days |
7 days |
Best Practise Project Management |
Yes |
Yes |
Yes |
Mobile Application |
Yes |
– |
– |
Expense Management – Desktop and Mobile |
Yes |
– |
– |
Automated Daily Bank Feeds, with Bank rules |
Yes |
– |
– |
Accounts Payable Automation |
Yes |
Extra cost |
Extra cost |
Real Time Reporting |
Yes |
Extra hosting cost * |
Extra hosting cost * |
Easy Report Editor App – as and when required |
Yes |
– |
– |
Real Time Financial and KPI Performance Dashboards |
Yes |
Extra hosting cost * |
Extra hosting cost * |
Automated Fixed Asset Register |
Yes |
– |
– |
Automated Monthly Depreciation Journals – Various Rates |
Yes |
– |
– |
API Integration to Marketplace Apps |
Yes |
Extra hosting cost * |
Extra hosting cost * |
Unlimited Fixed Asset Types |
Yes |
– |
– |
IFRS and USA GAAP Fixed Asset and Annual Reporting |
Yes |
– |
– |
Automated Data Backups |
Yes |
Extra hosting cost * |
Extra hosting cost * |
Automated Software Upgrades – no downtime |
Yes |
– |
– |
Invite Auditors and Advisors to view your data real-time |
Yes |
Within user limits |
Within user limits |
Automated Month-end Close procedures |
Yes |
– |
– |
Real-Time Budget Management |
Yes |
Extra hosting cost * |
Extra hosting cost * |
Analytical Tracking code analysis of all transactions |
Yes |
Yes |
Yes |
Analytical Tracking options analysis of all transactions |
Yes |
Yes |
Yes |
24/7 Product and “How To” Support available |
Yes |
– |
– |
Import and Export functionality – Unlimited data and documents |
Yes |
Yes |
Yes |
Schedule and Automate Vendor Bill Payments |
Yes |
– |
– |
Approval Workflow – Unlimited rules and management levels |
Yes |
– |
– |
Automated Contacts Management |
Yes |
– |
– |
Payroll Integration |
Yes |
Import |
Import |
Unlimited Self-Paced Online Video Training – No additional cost |
Yes |
– |
– |
SMART Reporting |
Yes |
Yes |
Yes |
Automated Bank Reconciliation from Bank Feeds |
Yes |
– |
– |
Bank Coding to Activate Machine Learning |
Yes |
– |
– |
Payment Services Integration – PayPal, STRIPE, Autorize.Net, Square |
Yes |
Extra hosting costs * |
Extra hosting costs * |
Sales Tax and VAT Management |
Yes |
Yes |
Yes |
Integration to Avalara TrustFile |
Yes |
Yes |
Yes |
Credit Card Processing and 1099 Reports Management |
Yes |
Yes |
Yes |