Accounting Power--the really good, a little bad, and no ugly
Use Cases and Deployment Scope
Our firm provides bookkeeping and bill payment services to a range of clients throughout the U.S. It is used for all clients we provide these services to and to clients who want to do their own bookkeeping but want us to be there. It allows us to work with a variety of clients across the U.S. in a real-time manner. The information it provides allows us to provide higher services.
Pros
- Simple layout
- Logical menu and format
- Flexibility in designing reports
- Department/location accounting
Cons
- 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
Return on Investment
- Allowed for standardized processes
- Improved efficiency in disbursement processing
- Bank feed is easily broken
- ACH payment options are not well established
Alternatives Considered
QuickBooks Online
Other Software Used
QuickBooks Online, QuickBooks Self-Employed, QuickBooks Desktop Premier
