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 8.4 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
9.0
76 Ratings
23% above category average
API for custom integration00 Ratings8.963 Ratings
Plug-ins00 Ratings9.165 Ratings
Security
Comparison of Security features of Product A and Product B
Fourth Procurement and Inventory
-
Ratings
QuickBooks Online Advanced
8.8
130 Ratings
9% above category average
Single sign-on capability00 Ratings8.7114 Ratings
Role-based user permissions00 Ratings8.9126 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Fourth Procurement and Inventory
-
Ratings
QuickBooks Online Advanced
8.4
141 Ratings
12% above category average
Dashboards00 Ratings8.6132 Ratings
Standard reports00 Ratings8.7140 Ratings
Custom reports00 Ratings8.1133 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
8.3
142 Ratings
11% above category average
Accounts payable00 Ratings8.8136 Ratings
Accounts receivable00 Ratings8.7133 Ratings
Cash management00 Ratings8.3115 Ratings
Bank reconciliation00 Ratings8.9134 Ratings
Expense management00 Ratings8.3127 Ratings
Time tracking00 Ratings7.473 Ratings
Multi-currency support00 Ratings8.333 Ratings
Multi-division support00 Ratings8.256 Ratings
Regulations compliance00 Ratings7.861 Ratings
Electronic tax filing00 Ratings8.076 Ratings
Self-service portal00 Ratings8.578 Ratings
Primary and Secondary Ledgers00 Ratings7.963 Ratings
Intercompany Accounting00 Ratings7.661 Ratings
Journals and Reconciliations00 Ratings8.4123 Ratings
Enterprise Accounting00 Ratings8.252 Ratings
Configurable Accounting00 Ratings8.567 Ratings
Centralized Rules Framework00 Ratings8.146 Ratings
Standardized Processes00 Ratings8.893 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Fourth Procurement and Inventory
-
Ratings
QuickBooks Online Advanced
8.1
58 Ratings
13% above category average
Inventory tracking00 Ratings8.158 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Fourth Procurement and Inventory
-
Ratings
QuickBooks Online Advanced
8.8
92 Ratings
16% above category average
Pricing00 Ratings8.869 Ratings
Order entry00 Ratings9.062 Ratings
Credit card processing00 Ratings8.878 Ratings
Best Alternatives
Fourth Procurement and InventoryQuickBooks Online Advanced
Small Businesses
Webgility
Webgility
Score 8.7 out of 10
Sage Intacct
Sage Intacct
Score 8.8 out of 10
Medium-sized Companies
QuickBooks Desktop Enterprise
QuickBooks Desktop Enterprise
Score 7.9 out of 10
ProContractor
ProContractor
Score 9.1 out of 10
Enterprises

No answers on this topic

BlackLine
BlackLine
Score 8.9 out of 10
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User Ratings
Fourth Procurement and InventoryQuickBooks Online Advanced
Likelihood to Recommend
7.4
(4 ratings)
9.0
(142 ratings)
Likelihood to Renew
-
(0 ratings)
9.5
(3 ratings)
Usability
-
(0 ratings)
9.1
(1 ratings)
Support Rating
7.5
(8 ratings)
-
(0 ratings)
Online Training
-
(0 ratings)
9.1
(1 ratings)
Implementation Rating
-
(0 ratings)
9.1
(1 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
QuickBooks Online Advanced is especially well suited for repetitive and longer tasks. It offers extended features compared to the Plus edition and in all these features it has to get a recommendation. Intuit knows its customers very well. They look at what the users do, and research for the next attractive feature sets to a large extent. So the question can only be answered in very special cases. They look for revenue so such issues as file size and stability can be expected to be on end an issue. There is a need to look for efficient workarounds and the customers are creative even for QuickBooks Online Advanced. So the more a company does accounting the more automation and repetitive action acceleration are used and needed. The more bank account they will manage the more advantageous the features. All these trends are limited. Then Intuit offers special services to work with even bigger systems of QuickBooks Online Advanced. The promise to turn complex processes into ones that are of clarity is really lived at Intuit. They protect their customers very well. They keep them in the privacy they intend to have. In my experience, the features are most helpful which is targeted customization toward growth.
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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
  • Rule-driven categorization of expense transactions.
  • Good reporting for P&L, Balance Sheet, Profit by Job.
  • Ability to handle multiple locations under the same tax ID.
  • A commonly used program, such that it is reasonably easy to hire or contract people who are familiar with the system.
  • Recurring ACH & Credit card revenue transactions.
  • Repeating, reminder, and template transactions to avoid repeat entries when managed correctly.
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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
  • Possibility to create a template for electronic signatures on checks
  • A new template that can allow the upload of general journal entries
  • A better way to review custom reports in lieu of scrolling down; is possible creating a new dashboard that will allow a dropdown.
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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
It is great!
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Alternatives Considered
HotSchedules and Fourth
No answers on this topic
Intuit
QuickBooks Desktop provides slightly more features and functionality, at the cost of disk space and the lack of cloud access. We chose the Online version of this software as the accounting and finance staff travel frequently and may access information remotely. QuickBooks provides significantly less features and functionality than Oracle NetSuite, but it comes at a fraction of the cost. As a smaller startup, NetSuite is not affordable for us at this time.
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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
  • I know where are bank accounts stand all in one place.
  • I know who has paid me, who has yet to pay me, and the amount of invoices outstanding and how much I can expect to earn in a month.
  • Quickbooks keeps me organized in every aspect of the business.
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ScreenShots

Fourth Procurement and Inventory Screenshots

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