TrustRadius: an HG Insights company

Save this comparison

Save this comparison

Add Product

Recommended Comparisons

    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Accounting Power

    Score8.7 out of 10
    N/AAccounting Power is an accounting system sold to professional accountants, that aims to enable users to control every aspect of an accounting practice and can overcome the challenges imposed by accounting systems that are sold directly to clients. in addition, Accounting Power includes capabilities for write-up and trial balance work and tools to create customizable financials, along with A/P, A/R, job costing, and inventory. Users can manage clients…N/A

    Restaurant365

    Score10 out of 10
    N/ARestaurant365 in Irvine, California offers what they describe as a complete restaurant management solution; it is back office oriented and so includes accounting and payroll, workforce management, scheduling, food costing and inventory controls, as well as analytics and reporting. Finally, the vendor boasts easy connections with external systems (e.g. POS systems).

    $435

    monthly (billed quarterly) per location

    Pricing
    Accounting PowerRestaurant365
    Editions & Modules
    No answers on this topic
    Essential
    $435
    monthly (billed quarterly) per location
    Professional
    $635
    monthly (billed quarterly) per location
    Custom
    Custom Quote
    Offerings
    Pricing Offerings
    Accounting PowerRestaurant365
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details
    More Pricing Information
    Features
    Accounting PowerRestaurant365
    Customization
    Comparison of Customization features of Accounting Power and Restaurant365
    Feature
    Accounting Power
    4.0
    1 Ratings
    63% below category average
    Restaurant365
    -
    Ratings
    API for custom integration4.01 Ratings00 Ratings
    Security
    Comparison of Security features of Accounting Power and Restaurant365
    Feature
    Accounting Power
    9.5
    1 Ratings
    13% above category average
    Restaurant365
    -
    Ratings
    Single sign-on capability10.01 Ratings00 Ratings
    Role-based user permissions9.01 Ratings00 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of Accounting Power and Restaurant365
    Feature
    Accounting Power
    8.0
    1 Ratings
    1% above category average
    Restaurant365
    -
    Ratings
    Dashboards7.01 Ratings00 Ratings
    Custom reports9.01 Ratings00 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of Accounting Power and Restaurant365
    Feature
    Accounting Power
    8.5
    1 Ratings
    9% above category average
    Restaurant365
    -
    Ratings
    Accounts payable9.01 Ratings00 Ratings
    Accounts receivable9.01 Ratings00 Ratings
    Cash management8.01 Ratings00 Ratings
    Bank reconciliation10.01 Ratings00 Ratings
    Expense management9.01 Ratings00 Ratings
    Multi-division support6.01 Ratings00 Ratings
    Journals and Reconciliations8.01 Ratings00 Ratings
    Standardized Processes9.01 Ratings00 Ratings
    Best Alternatives
    Accounting PowerRestaurant365
    Small Businesses
    Sage Accounting
    Score9.1 out of 10
    HotSchedules
    Score8 out of 10
    Medium-sized Companies
    MYOB
    Score7.7 out of 10
    Jolt
    Score9.7 out of 10
    Enterprises
    Microsoft Dynamics GP
    Score6.8 out of 10
    No answers on this topic
    All AlternativesView all alternativesView all alternatives
    User Ratings
    Accounting PowerRestaurant365
    Likelihood to Recommend
    9.0
    (1 ratings)
    10.0
    (1 ratings)
    Likelihood to Renew
    10.0
    (1 ratings)
    -
    (0 ratings)
    Usability
    10.0
    (1 ratings)
    -
    (0 ratings)
    Support Rating
    7.0
    (1 ratings)
    -
    (0 ratings)
    Implementation Rating
    8.0
    (1 ratings)
    -
    (0 ratings)
    User Testimonials
    Accounting PowerRestaurant365
    Likelihood to Recommend
    AccountantsWorld
    Retail, professional services, non-manufacturing, or non-inventory-based clients are a great fit.
    Incentivized
    Read full review
    Restaurant365
    I think any business that needs to track its expenses and create a P&L and balance sheet could benefit from this program. Once you get the training on it, it really makes the whole thing a breeze, saves you time, and creates beautiful reports. I don't know any business that wouldn't need it. Maybe if your business is selling one thing, maybe it won't be worth it for you. I think the sales would need to back up the subscription price, so I would weigh that into the equation. But there is nothing R365 doesn't do. It does inventory, it does waste tracking, it gets into the nitty gritty of business.
    Incentivized
    Read full review
    Pros
    AccountantsWorld
    • Simple layout
    • Logical menu and format
    • Flexibility in designing reports
    • Department/location accounting
    Incentivized
    Read full review
    Restaurant365
    • Invoice tracking.
    • Expense tracking.
    • Sales tracking.
    • Labor tracking.
    Incentivized
    Read full review
    Cons
    AccountantsWorld
    • CPA firm's client interface for delivery of bills to pay
    • Better ACH payment options for bill payment
    • Additional layer of department/location allocation
    • Invoicing option in mobile app
    Incentivized
    Read full review
    Restaurant365
    • Credit cards and banks don't always connect, so sometimes you have to manually import transactions or reconnect the bank.
    • When classifying transactions, the program can lag at times.
    Incentivized
    Read full review
    Likelihood to Renew
    AccountantsWorld
    I do not see a good alternative in the market
    Incentivized
    Read full review
    Restaurant365
    No answers on this topic
    Usability
    AccountantsWorld
    It provides everything one needs for accounting services and then some at a price point that makes it very affordable.
    Incentivized
    Read full review
    Restaurant365
    No answers on this topic
    Support Rating
    AccountantsWorld
    Needs some work. Support staff seem to be computer people, not accountants or users of the system. Their answers sometimes seem short and computer-based. Not answered in a way that says, "I have thought through this and here is what I see to do."
    Incentivized
    Read full review
    Restaurant365
    No answers on this topic
    Implementation Rating
    AccountantsWorld
    Seek out others who have done it and learn from them.
    Incentivized
    Read full review
    Restaurant365
    No answers on this topic
    Alternatives Considered
    AccountantsWorld
    I find Accounting Power to have more flexibility, power, and reporting capability than QuickBooks Online with a simpler interface.
    Incentivized
    Read full review
    Restaurant365
    The sales integration and labor integration with our POS is really where it is light years better than QB. Quickbooks is good, but R365 is like QB on steroids. The drill down feature is fantastic, which QB doesn't have, and again, the sheer number of reports and customization is an asset. There is so much customization on R365 that I forgot to mention earlier on. And the level of support! You can go to their online support center and get answers so fast! You chat with a live person, not a bot, and they are real people giving you real answers.
    Incentivized
    Read full review
    Return on Investment
    AccountantsWorld
    • Allowed for standardized processes
    • Improved efficiency in disbursement processing
    • Bank feed is easily broken
    • ACH payment options are not well established
    Incentivized
    Read full review
    Restaurant365
    • Accuracy! Accuracy all around.
    • Now we know exactly how much money we are making, rather than a roundabout guess based off a spreadsheet.
    Incentivized
    Read full review
    ScreenShots

    Accounting Power Screenshots

    Screenshot of Accounting Power HomepageScreenshot of Bill managementScreenshot of CAS DashboardScreenshot of CFO DashboardScreenshot of Pertinent Print FinancialsScreenshot of Trial balance worksheet