Accounting Power vs. OfficeTools by CARET

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Accounting Power
Score 8.3 out of 10
N/A
Accounting 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
OfficeTools by CARET
Score 5.0 out of 10
N/A
OfficeTools Cloud is cloud-based accounting practice management software designed to enable firms to track client work and collaborate with their team anytime, anywhere, from any browser. OfficeTools is an CARET brand.
$59
per month
Pricing
Accounting PowerOfficeTools by CARET
Editions & Modules
No answers on this topic
OfficeTools Cloud
$59 ($49)
per month (billed annually)
OfficeTools Workspace
Contact for Pricing
Offerings
Pricing Offerings
Accounting PowerOfficeTools by CARET
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 PowerOfficeTools by CARET
Customization
Comparison of Customization features of Product A and Product B
Accounting Power
4.0
1 Ratings
55% below category average
OfficeTools by CARET
-
Ratings
API for custom integration4.01 Ratings00 Ratings
Security
Comparison of Security features of Product A and Product B
Accounting Power
9.5
1 Ratings
19% above category average
OfficeTools by CARET
-
Ratings
Single sign-on capability10.01 Ratings00 Ratings
Role-based user permissions9.01 Ratings00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Accounting Power
8.0
1 Ratings
5% above category average
OfficeTools by CARET
-
Ratings
Dashboards7.01 Ratings00 Ratings
Custom reports9.01 Ratings00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Accounting Power
8.5
1 Ratings
14% above category average
OfficeTools by CARET
-
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 PowerOfficeTools by CARET
Small Businesses
QuickBooks Self-Employed
QuickBooks Self-Employed
Score 9.1 out of 10

No answers on this topic

Medium-sized Companies
Accounting Seed
Accounting Seed
Score 8.3 out of 10

No answers on this topic

Enterprises
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.1 out of 10

No answers on this topic

All AlternativesView all alternativesView all alternatives
User Ratings
Accounting PowerOfficeTools by CARET
Likelihood to Recommend
9.0
(1 ratings)
8.0
(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 PowerOfficeTools by CARET
Likelihood to Recommend
AccountantsWorld
Retail, professional services, non-manufacturing, or non-inventory-based clients are a great fit.
Read full review
CARET (Abacus Data Systems, Inc. )
For a small office or team keeping track of multiple projects at once can be a challenge. OfficeTools provides an all-in-one affordable (less than $60 per month) and accessible (cloud based) project management solution to keep your team on task. If your organization uses products such as Quickbooks or Outlook you can easily integrate them into this software solution. I honestly cannot think of an organizational structure that would not benefit somewhat from integrating OfficeTools into their operations
Read full review
Pros
AccountantsWorld
  • Simple layout
  • Logical menu and format
  • Flexibility in designing reports
  • Department/location accounting
Read full review
CARET (Abacus Data Systems, Inc. )
  • Software Integration (i.e. Quickbooks, Outlook, etc.)
  • Project Management
  • Time Management
  • Billing/Invoicing
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
Read full review
CARET (Abacus Data Systems, Inc. )
  • Customizability (i.e. font size, workflows, etc.)
  • Increase access to trainings and educational enrichment opportunities
  • Customer Support (tends to be slow)
Read full review
Likelihood to Renew
AccountantsWorld
I do not see a good alternative in the market
Read full review
CARET (Abacus Data Systems, Inc. )
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.
Read full review
CARET (Abacus Data Systems, Inc. )
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."
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CARET (Abacus Data Systems, Inc. )
No answers on this topic
Implementation Rating
AccountantsWorld
Seek out others who have done it and learn from them.
Read full review
CARET (Abacus Data Systems, Inc. )
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.
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CARET (Abacus Data Systems, Inc. )
OfficeTools is by far the easiest project management tool that I've ever used. It is very user friendly and easy to pickup. That cannot be said for other products that I've used in the past
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
Read full review
CARET (Abacus Data Systems, Inc. )
No answers on this topic
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