Fourth Procurement and Inventory vs. QuickBooks Online Advanced

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Fourth Procurement and Inventory
Score 8.0 out of 10
N/A
Fourth Procurement and Inventory is software that ties together procurement, 3-way matching, inventory and recipe control. It’s fully integrated, mobile-friendly and can be accessed with a single login. Using predicted sales functionality and analytics, it lets the user forecast demand more accurately.N/A
QuickBooks Online Advanced
Score 7.8 out of 10
N/A
QuickBooks Online Advanced is a SaaS-based accounting software designed to scale with growing businesses. It includes the functionalities of QuickBooks Online, as well as more robust business analytics, customization, and resource management.N/A
Pricing
Fourth Procurement and InventoryQuickBooks Online Advanced
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Fourth Procurement and InventoryQuickBooks Online Advanced
Free Trial
NoYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Fourth Procurement and InventoryQuickBooks Online Advanced
Top Pros
Top Cons
Features
Fourth Procurement and InventoryQuickBooks Online Advanced
Customization
Comparison of Customization features of Product A and Product B
Fourth Procurement and Inventory
-
Ratings
QuickBooks Online Advanced
8.4
90 Ratings
20% above category average
API for custom integration00 Ratings8.673 Ratings
Plug-ins00 Ratings8.378 Ratings
Security
Comparison of Security features of Product A and Product B
Fourth Procurement and Inventory
-
Ratings
QuickBooks Online Advanced
8.1
161 Ratings
3% above category average
Single sign-on capability00 Ratings8.1144 Ratings
Role-based user permissions00 Ratings8.1157 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Fourth Procurement and Inventory
-
Ratings
QuickBooks Online Advanced
8.6
174 Ratings
14% above category average
Dashboards00 Ratings8.9164 Ratings
Standard reports00 Ratings8.9173 Ratings
Custom reports00 Ratings8.2165 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Fourth Procurement and Inventory
-
Ratings
QuickBooks Online Advanced
8.0
176 Ratings
10% above category average
Accounts payable00 Ratings8.3170 Ratings
Accounts receivable00 Ratings8.9165 Ratings
Cash management00 Ratings8.0146 Ratings
Bank reconciliation00 Ratings8.3168 Ratings
Expense management00 Ratings8.6155 Ratings
Time tracking00 Ratings8.088 Ratings
Multi-currency support00 Ratings7.144 Ratings
Multi-division support00 Ratings8.374 Ratings
Regulations compliance00 Ratings7.977 Ratings
Electronic tax filing00 Ratings9.197 Ratings
Self-service portal00 Ratings8.693 Ratings
Primary and Secondary Ledgers00 Ratings8.773 Ratings
Intercompany Accounting00 Ratings7.075 Ratings
Journals and Reconciliations00 Ratings8.5152 Ratings
Enterprise Accounting00 Ratings6.463 Ratings
Configurable Accounting00 Ratings8.481 Ratings
Centralized Rules Framework00 Ratings6.962 Ratings
Standardized Processes00 Ratings7.6116 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Fourth Procurement and Inventory
-
Ratings
QuickBooks Online Advanced
8.1
70 Ratings
19% above category average
Inventory tracking00 Ratings8.170 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Fourth Procurement and Inventory
-
Ratings
QuickBooks Online Advanced
8.8
118 Ratings
21% above category average
Pricing00 Ratings8.786 Ratings
Order entry00 Ratings8.879 Ratings
Credit card processing00 Ratings9.1103 Ratings
Best Alternatives
Fourth Procurement and InventoryQuickBooks Online Advanced
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Score 9.7 out of 10
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Score 9.2 out of 10
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QuickBooks Desktop Enterprise
QuickBooks Desktop Enterprise
Score 8.3 out of 10
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Score 8.4 out of 10
Enterprises

No answers on this topic

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Oracle Fusion Cloud ERP
Score 7.7 out of 10
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User Ratings
Fourth Procurement and InventoryQuickBooks Online Advanced
Likelihood to Recommend
7.4
(4 ratings)
8.9
(176 ratings)
Likelihood to Renew
-
(0 ratings)
9.5
(6 ratings)
Usability
-
(0 ratings)
9.5
(4 ratings)
Support Rating
7.5
(4 ratings)
-
(0 ratings)
Online Training
-
(0 ratings)
9.1
(1 ratings)
Implementation Rating
-
(0 ratings)
6.4
(3 ratings)
Configurability
-
(0 ratings)
9.1
(1 ratings)
User Testimonials
Fourth Procurement and InventoryQuickBooks Online Advanced
Likelihood to Recommend
HotSchedules and Fourth
The product is user-friendly in automating the tasks, managing the master data through central purchasing, and creating custom reports. It lacks certain basic functionalities like a record of wastages, sending automated emails confirming if the automatic tasks (scheduled tasks) have been completed or not, and the ability to automate the nutrition information, etc.
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Intuit
I gave this rating more from the standpoint that I enjoy using other bookkeeping platforms more than I enjoy QuickBooks Online Advanced. While QuickBooks Online Advanced is a solid platform that I have no issue working in, there are some areas that could be improved. The biggest of these areas is the overall design of the platform. I feel that when you first log in and are brought to the home screen, everything just looks cluttered.
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Pros
HotSchedules and Fourth
  • The 'stock management' tab on the home screen is of particular use when keeping tabs on incoming deliveries into the restaurant.
  • The option to open and close your stock period is great as you have the chance to edit your stock at a moment's notice.
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Intuit
  • It allows us to link to bank accounts in order to get up-to-date, real-time information, which is so important in today's lightning speed work world.
  • The "canned" reports are excellent and allow for extreme customization also. This makes them very helpful to both me and my clients.
  • The user interface for QuickBooks Online Advanced is easy to navigate and is intuitive for novices. The screens are well laid out and have cohesiveness on each screen to match tasks with others that match up well.
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Cons
HotSchedules and Fourth
  • It would help massively to see via Enterprise and menu items what ones are no longer active, to keep the data tidy.
  • When you take purchase reports from Enterprise and select to organise them by category, show the name of the category on the actual report download.
  • Quick and easy upload/download of supplier products for correcting prices, descriptions, prices in bulk.
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Intuit
  • Proper advice in QuickBooks Online Pro for the usage if QuickBooks Online Advanced will be more efficient.
  • More features and space in the app for organization of the self-created workflows.
  • The stability of QuickBooks Online Advanced can still be better.
  • There are still file-size issues and limitations on transactions and attributes of transactions.
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Likelihood to Renew
HotSchedules and Fourth
No answers on this topic
Intuit
QuickBooks Online Advanced is not like any other accounting software. With how great the software is now, I would definitely renew QuickBooks Online Advanced
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Usability
HotSchedules and Fourth
No answers on this topic
Intuit
QuickBooks Online Advanced is great and effective. I use it for almost three months and it definitely does their job
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Support Rating
HotSchedules and Fourth
Too long to get an answer.
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Intuit
No answers on this topic
Online Training
HotSchedules and Fourth
No answers on this topic
Intuit
The online training was easy to follow and understand. The online training gave us the specific instructions to follow
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Implementation Rating
HotSchedules and Fourth
No answers on this topic
Intuit
Need to make an option for non-profit organizations
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Alternatives Considered
HotSchedules and Fourth
No answers on this topic
Intuit
I have not evaluated any yet. I have used QuickBooks since 2008 and I used Sage in the corporate environment before using QuickBooks. Honestly, I can't remember it because it was early 2000's. I thought about evaluating and looking because of the issues I've had with QuickBooks, but I haven't really investigated.
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Return on Investment
HotSchedules and Fourth
  • Procurement: Integrating some of the key suppliers with Trade Simple has saved labour hours.
  • Integration: GL Integrations have increased the efficiency and quality of data.
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Intuit
  • Positive - time and accuracy: Improved bank feeds with rules for automating categorization (expense account) of transactions.
  • Negative - time and efficiency: Very slow response in data entry such as estimates, purchase orders, invoices, sales receipts, bills & bill payment, and even check writing.
  • Negative - time and error correction: Payroll taxes and sales taxes remain in their own silos and are very difficult to correct OR wrong to correct with regular ledger and transaction entries.
  • Negative - time and reporting: Customer activity cannot be tracked using deposits or JE'd transactions. Reporting and research require the use of transaction forms such as invoices, sales receipts, payments, and credit memos. As an example, the transaction register for a customer can be sorted by various parameters. A default is "All" transactions but does not include all transactions -- you have to select "All plus deposits" and you will also not see checks. This is about the same for Vendor activity, where deposits (e.g. refunds) will not show in the vendor's activity register. A vendor credit memo is required, then the refund can be pushed against that credit balance. The credit memo will appear in the vendor register, but a deposit will not.
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ScreenShots

Fourth Procurement and Inventory Screenshots

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