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Fourth Procurement and Inventory vs. QuickBooks Online Advanced

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Fourth Procurement and Inventory

    Score8 out of 10
    N/AFourth 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

    Score8.2 out of 10
    N/AQuickBooks 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
    Considered Both Products
    HotSchedules and Fourth
    No answer on this topic
    Intuit
    No answer on this topic
    Key User Insights
    Would buy again
    No answers on this topic
    92%
    Would buy again
    153 Answers
    Delivers good value for the price
    No answers on this topic
    89%
    Delivers good value for the price
    137 Answers
    Happy with the feature set
    No answers on this topic
    93%
    Happy with the feature set
    156 Answers
    Lived up to sales and marketing promises
    No answers on this topic
    91%
    Lived up to sales and marketing promises
    126 Answers
    Implementation went as expected
    No answers on this topic
    88%
    Implementation went as expected
    134 Answers
    Features
    Fourth Procurement and InventoryQuickBooks Online Advanced
    Customization
    Comparison of Customization features of Fourth Procurement and Inventory and QuickBooks Online Advanced
    Feature
    Fourth Procurement and Inventory
    -
    Ratings
    QuickBooks Online Advanced
    7.9
    117 Ratings
    4% above category average
    API for custom integration00 Ratings7.796 Ratings
    Plug-ins00 Ratings8.0102 Ratings
    Security
    Comparison of Security features of Fourth Procurement and Inventory and QuickBooks Online Advanced
    Feature
    Fourth Procurement and Inventory
    -
    Ratings
    QuickBooks Online Advanced
    8.4
    211 Ratings
    3% above category average
    Single sign-on capability00 Ratings8.5185 Ratings
    Role-based user permissions00 Ratings8.3207 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of Fourth Procurement and Inventory and QuickBooks Online Advanced
    Feature
    Fourth Procurement and Inventory
    -
    Ratings
    QuickBooks Online Advanced
    8.2
    226 Ratings
    5% above category average
    Dashboards00 Ratings8.3213 Ratings
    Standard reports00 Ratings8.5226 Ratings
    Custom reports00 Ratings7.7217 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of Fourth Procurement and Inventory and QuickBooks Online Advanced
    Feature
    Fourth Procurement and Inventory
    -
    Ratings
    QuickBooks Online Advanced
    8.2
    234 Ratings
    7% above category average
    Accounts payable00 Ratings8.4221 Ratings
    Accounts receivable00 Ratings8.5220 Ratings
    Cash management00 Ratings8.5194 Ratings
    Bank reconciliation00 Ratings9.1224 Ratings
    Expense management00 Ratings8.5207 Ratings
    Time tracking00 Ratings7.7111 Ratings
    Multi-currency support00 Ratings6.557 Ratings
    Multi-division support00 Ratings7.297 Ratings
    Regulations compliance00 Ratings8.3104 Ratings
    Electronic tax filing00 Ratings8.8127 Ratings
    Self-service portal00 Ratings7.9122 Ratings
    Primary and Secondary Ledgers00 Ratings8.298 Ratings
    Intercompany Accounting00 Ratings8.0100 Ratings
    Journals and Reconciliations00 Ratings8.4200 Ratings
    Enterprise Accounting00 Ratings7.989 Ratings
    Configurable Accounting00 Ratings8.4112 Ratings
    Centralized Rules Framework00 Ratings8.886 Ratings
    Standardized Processes00 Ratings8.4152 Ratings
    Inventory Management
    Comparison of Inventory Management features of Fourth Procurement and Inventory and QuickBooks Online Advanced
    Feature
    Fourth Procurement and Inventory
    -
    Ratings
    QuickBooks Online Advanced
    6.2
    91 Ratings
    16% below category average
    Inventory tracking00 Ratings6.291 Ratings
    Order Management
    Comparison of Order Management features of Fourth Procurement and Inventory and QuickBooks Online Advanced
    Feature
    Fourth Procurement and Inventory
    -
    Ratings
    QuickBooks Online Advanced
    6.8
    151 Ratings
    8% below category average
    Pricing00 Ratings6.8111 Ratings
    Order entry00 Ratings6.5100 Ratings
    Credit card processing00 Ratings7.2130 Ratings
    Best Alternatives
    Fourth Procurement and InventoryQuickBooks Online Advanced
    Small Businesses
    No answers on this topic
    QuickBooks Self-Employed (discontinued)
    Score4.2 out of 10
    Medium-sized Companies
    No answers on this topic
    MYOB
    Score8.3 out of 10
    Enterprises
    No answers on this topic
    Microsoft Dynamics GP
    Score5.4 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    Fourth Procurement and InventoryQuickBooks Online Advanced
    Likelihood to Recommend
    7.4
    (4 ratings)
    7.9
    (236 ratings)
    Likelihood to Renew
    -
    (0 ratings)
    9.7
    (20 ratings)
    Usability
    -
    (0 ratings)
    8.4
    (16 ratings)
    Availability
    -
    (0 ratings)
    8.1
    (4 ratings)
    Performance
    -
    (0 ratings)
    9.1
    (5 ratings)
    Support Rating
    7.5
    (4 ratings)
    -
    (0 ratings)
    Online Training
    -
    (0 ratings)
    9.0
    (3 ratings)
    Implementation Rating
    -
    (0 ratings)
    7.4
    (10 ratings)
    Configurability
    -
    (0 ratings)
    8.0
    (5 ratings)
    Ease of integration
    -
    (0 ratings)
    9.2
    (4 ratings)
    Product Scalability
    -
    (0 ratings)
    9.7
    (3 ratings)
    Vendor post-sale
    -
    (0 ratings)
    9.2
    (4 ratings)
    Vendor pre-sale
    -
    (0 ratings)
    9.1
    (3 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.
    Incentivized
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    Intuit
    Well suited for a larger company with many classes that need to be differentiated. It is relatively intuitive to use, whether you have used other versions of QuickBooks, or any other accounting software. Easy to dig into your accounts from wither the Balance Sheet or the Profit and Loss when trying to analyze performance.
    Incentivized
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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.
    Incentivized
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    Intuit
    • Budgeting is easy to input. Our entities have multiple departments, so using classes to separate and report the results of each department is important.
    • Reports are easy to customize to provide meaningful data to the board and department managers.
    • QuickBooks Online Advanced has a large market share of accounting software in use, so it is relatively easy to find new employees with prior experience with QuickBooks Online Advanced.
    • Able to open both entities at the same time, which is helpful due to the number of transactions between the two entities.
    Incentivized
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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.
    Incentivized
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    Intuit
    • Continued growth around AI usage and tool.
    • There are still some reporting gaps that make setting up custom reports not absolutely top-tier.
    • There can be a lot of UI clutter as different features keep getting turned on. Can become harder to navigate.
    Incentivized
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    Likelihood to Renew
    HotSchedules and Fourth
    No answers on this topic
    Intuit
    It has become second nature to use Quick Books at the company. If you need a report you log in and pull the report. It helps expedite reconciliation of bank accounts, the automation of most tasks make it easy to get mundane tasks completed quickly.
    Incentivized
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    Usability
    HotSchedules and Fourth
    No answers on this topic
    Intuit
    QuickBooks Online Advanced is highly usable and intuitive for most day-to-day financial tasks. Its interface is clear, and core functions such as invoicing, reconciliation, and reporting are easy to perform. While some advanced features like report customization or integrations can be less straightforward, overall the platform offers a smooth and efficient user experience.
    Incentivized
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    Reliability and Availability
    HotSchedules and Fourth
    No answers on this topic
    Intuit
    In the 5 years I have been using it, I cannot recall there ever having been an outage or not being able to access the system. Sure, there are issues with internet speeds sometimes that are unrelated to Intuit but it is a very reliable system.
    Incentivized
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    Performance
    HotSchedules and Fourth
    No answers on this topic
    Intuit
    Since we do not integrate the software with other systems, I do not have any issues with speed related to that. Pages tend to load pretty quickly, but there are times when reports or other pages take a little longer to load than usual. It is not an overly frustrating amount of time, though, and it happens infrequently.
    Incentivized
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    Support Rating
    HotSchedules and Fourth
    Too long to get an answer.
    Incentivized
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    Intuit
    No answers on this topic
    Online Training
    HotSchedules and Fourth
    No answers on this topic
    Intuit
    The online training is good enough.
    Incentivized
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    Implementation Rating
    HotSchedules and Fourth
    No answers on this topic
    Intuit
    I did not participate in this part particularly much. The implementation was simple and easy to perform. There were not any major issues that arose during the process. QuickBooks has made the processes pretty streamless and I believe they had anticipated many difficulties ahead of time. This was easy enough
    Incentivized
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    Alternatives Considered
    HotSchedules and Fourth
    No answers on this topic
    Intuit
    QBO is great because it does accounting very well, and it can integrate well with everything. I appreciate that it has third-party integrations with many other software companies, so we can focus on doing our accounting through QuickBooks while adding other software as needed through those integrations.
    Incentivized
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    Scalability
    HotSchedules and Fourth
    No answers on this topic
    Intuit
    Software is very flexible
    Incentivized
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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.
    Incentivized
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    Intuit
    • Spreadsheet sync reduces manual data entry significantly. Exporting data into my customized Excel workbook that has complex formulas and macros for automating makes uploading changes and reconfiguring easy and convenient, saving a lot of time.
    • Automating AP approval has reduced lost paper copies, improved internal controls, and reduced audit findings.
    • Having banking connections has improved cash flow management, streamlined credit card expenses and reconciliation. I have found that utilizing it for my primary operating account actually makes things more difficult and can easily double-post payments, so I avoid using it on the checking account. It has been well for the credit card account, though.
    Incentivized
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    ScreenShots

    Fourth Procurement and Inventory Screenshots

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