Accounting Seed vs. Xactly Commission Expense Accounting

I wouldn’t recommend Accounting Seed to enterprise companies. However, Accounting Seed is the best cloud accounting tool for small and medium-sized companies that are yearning to automate accounts payable and receivable, inventory management, and invoice customization in one integrated platform.

Incentivized

CEA is well suited for small and rapidly growing companies where manually calculating commissions expense for ASC606 is not an option due to a lack of internal resources. CEA is less appropriate for larger companies that have the resources and likely a person, or people, who only focus on commissions.

Incentivized

• Accounting Seed is an affordable accounting solution
• It offers many features making it an ideal accounting solution for business
• The software integrates well with Salesforce
• The software comes with a friendly User Interface

Incentivized

• Amortization waterfalls
• Locked periods & PPA adjustments
• Journal entries

Incentivized

• Custom reporting seems cumbersome, but it could just be that we need better instructions, more examples, maybe some more canned reports. My company needs the ability to compare multiple years, and more than one budget in a report - we start with an approved board budget and then we reproject each quarter.
• Non profits need to print financials by restriction level - this has also been very awkward - all the data is there but I have to piece it together in an excel spreadsheet every time I want it.
• In general, the materials needed for non profits is not as accessible as it could be.

• Dashboard is on a different page
• Needing to rerun reports
• Not being able to download reports and edit them

Incentivized

It always works well. We've never had programming issues. Never. It is easy to customize. The system can grow with you as your business grows and changes. Being cloud-based you can work from anywhere. It is intuitive. You have all the features of Salesforce, like workflows, that work perfectly in Accounting Seed. Having that full integration with Salesforce allows you to see all our data in one platform

Incentivized

We seldom have had to use their support but when we have, they have been responsive and actually were able to answer our questions in a simple, nontech language. You don't have to be a programmer to talk to them!

Incentivized

Go into implementation knowing how you will handle churn, if there are claw backs, treatment for every type of commission payment (i.e. new business, renewals, etc.) and know your average customer life. You'll also want details by customer for as far back as you can go (within reason).

Incentivized

Honestly, Accounting Seed was the only one I focused on when looking to switch from our existing program. It showed in the partner app store and stated it was created native to SalesForce. As I read through it's capabilities, cost, etc., I knew it was the right choice.

We selected Xactly CEA for ASC 606.

Incentivized

• Business users save time sending payments to suppliers and reimbursing employees since it is just by one click.
• The three-way POS match ensures that figures match on orders and invoices before paying suppliers.
• Capturing data on reports that are not submitted, approval times, and policy exceptions.
• Expense management and time tracking enable us to view the exact time taken to complete projects and the exact amount that should be paid.

Incentivized

• Efficiency
• Centralized
• Accurate

Incentivized