Clearbooks vs Xactly CEA

Likelihood to Recommend

Larger companies, multi-currency. Clearbooks is in a competitive environment with Xero, SageOne, FreeAgent, Intuit etc., etc.

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Peter Cowley

Various

NumerousInvestment Management, 51-200 employees

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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.

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Verified User

Administrator in Finance and Accounting

Business Supplies and Equipment Company, 201-500 employees

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Feature Rating Comparison

Clearbooks

Xactly CEA

Accounts payable

Accounts receivable

Cash management

Bank reconciliation

Expense management

Fixed asset management

Multi-currency support

Multi-division support

Journals and Reconciliations

Configurable Accounting

Centralized Rules Framework

Standardized Processes

Clearbooks

Xactly CEA

Single sign-on capability

Role-based user permissions

Clearbooks

Xactly CEA

Dashboards

Standard reports

Custom reports

Pros

SaaS, so accessible by anyone, anywhere in the world via a browser
Clear and straight forward navigation
Good choice of management reports

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Peter Cowley

Various

NumerousInvestment Management, 51-200 employees

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Amortization waterfalls
Locked periods & PPA adjustments
Journal entries

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Verified User

Manager in Finance and Accounting

Computer Software Company, 1001-5000 employees

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Cons

Like any SaaS product, Clearbooks is continuously evolving and being improved
Some of the reports still need some work

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Peter Cowley

Various

NumerousInvestment Management, 51-200 employees

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

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Verified User

Analyst in Finance and Accounting

Financial Services Company, 10,001+ employees

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Implementation Rating

No score

No answers yet

No answers on this topic

Xactly CEA 9.7

Based on 3 answers

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).

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Verified User

Administrator in Finance and Accounting

Business Supplies and Equipment Company, 201-500 employees

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Alternatives Considered

Clearbooks was chosen 5 years ago as our accountant recommended it. There is an element of inertia in moving accounts packages.

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Peter Cowley

Various

NumerousInvestment Management, 51-200 employees

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We selected Xactly CEA for ASC 606.

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Verified User

Manager in Finance and Accounting

Computer Software Company, 1001-5000 employees

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Return on Investment

I am not sure that ROI is an appropriate measure for an accounts package. The cost is around £250/year, which is a tiny fraction of the cost of a bookkeeper/finance controller/finance director/CFO.

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Peter Cowley

Various

NumerousInvestment Management, 51-200 employees

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Efficiency
Centralized
Accurate

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Verified User

Analyst in Finance and Accounting

Financial Services Company, 10,001+ employees

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Pricing Details

General

Free Trial

—

Free/Freemium Version

—

Premium Consulting/Integration Services

—

Entry-level set up fee?

No

General

Free Trial

—

Free/Freemium Version

—

Premium Consulting/Integration Services

—

Entry-level set up fee?

No

Rating Summary

Clearbooks

Xactly CEA

Clearbooks

Xactly CEA

Clearbooks

Xactly CEA

Likelihood to Recommend

Clearbooks

Xactly CEA

Feature Rating Comparison

Accounts payable

Accounts receivable

Cash management

Bank reconciliation

Expense management

Fixed asset management

Multi-currency support

Multi-division support

Journals and Reconciliations

Configurable Accounting

Centralized Rules Framework

Standardized Processes

Single sign-on capability

Role-based user permissions

Dashboards

Standard reports

Custom reports

Pros

Clearbooks

Xactly CEA

Cons

Clearbooks

Xactly CEA

Implementation Rating

Clearbooks

Xactly CEA

Alternatives Considered

Clearbooks

Xactly CEA

Return on Investment

Clearbooks

Xactly CEA

Pricing Details

General

Free Trial

Free/Freemium Version

Premium Consulting/Integration Services

Entry-level set up fee?

General

Free Trial

Free/Freemium Version

Premium Consulting/Integration Services

Entry-level set up fee?

Rating Summary

Add comparison