Fourth Procurement and Inventory vs. QuickBooks Commerce

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 Commerce
Score 7.2 out of 10
N/A
QuickBooks Commerce (formerly TradeGecko) is a cloud-based Order and Supply Chain Management platform. TradeGecko was acquired by Intuit QuickBooks in August 2020, and plans to sunset the resulting product were announced June 2021 (it will be discontinued as a standalone product in June, 2022).N/A
Pricing
Fourth Procurement and InventoryQuickBooks Commerce
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Fourth Procurement and InventoryQuickBooks Commerce
Free Trial
NoYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesYes
Entry-level Setup FeeNo setup feeRequired
Additional DetailsMonthly and yearly subscriptions available to meet your business' needs. Cancel at anytime. Basic - $99/month Business - $249/month Business Premium - $449/month Enterprise - $999/month
More Pricing Information
Community Pulse
Fourth Procurement and InventoryQuickBooks Commerce
Top Pros
Top Cons
Features
Fourth Procurement and InventoryQuickBooks Commerce
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Fourth Procurement and Inventory
-
Ratings
QuickBooks Commerce
9.9
1 Ratings
22% above category average
Inventory tracking00 Ratings10.01 Ratings
Automation rules00 Ratings10.01 Ratings
Reporting and analytics00 Ratings10.01 Ratings
Fulfillment00 Ratings9.01 Ratings
Backorder management00 Ratings10.01 Ratings
Bill of materials management00 Ratings10.01 Ratings
Invoicing00 Ratings10.01 Ratings
Forecasting00 Ratings10.01 Ratings
Accounting integration00 Ratings10.01 Ratings
Point of sale integration00 Ratings10.01 Ratings
Best Alternatives
Fourth Procurement and InventoryQuickBooks Commerce
Small Businesses
Webgility
Webgility
Score 9.8 out of 10
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Webgility
Score 9.8 out of 10
Medium-sized Companies
SAP S/4HANA Cloud
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Score 8.6 out of 10
SAP S/4HANA Cloud
SAP S/4HANA Cloud
Score 8.6 out of 10
Enterprises
SAP S/4HANA Cloud
SAP S/4HANA Cloud
Score 8.6 out of 10
SAP S/4HANA Cloud
SAP S/4HANA Cloud
Score 8.6 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Fourth Procurement and InventoryQuickBooks Commerce
Likelihood to Recommend
7.4
(4 ratings)
9.0
(7 ratings)
Likelihood to Renew
-
(0 ratings)
10.0
(1 ratings)
Usability
-
(0 ratings)
8.0
(1 ratings)
Support Rating
7.5
(4 ratings)
1.0
(1 ratings)
User Testimonials
Fourth Procurement and InventoryQuickBooks Commerce
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
Using TradeGecko requires to the company to make compromises. Which compromises depends on the business, what they are using for other 3rd party applications and what they sell. You need to be very good with excel since you are able to upload and modify most files, which gives you major control over your data. They however need to modify the way in which new inventory items get loaded, as it is quite awkward if you use variants. 'Reports' as has been described prior has improved dramatically and most if not all can be downloaded in CSV/Excel format. This allows you to build your own reports with the data from the system. If your business is very complex in nature, TradeGecko probably isn't the system for you. If you are doing thousands of transactions a day, again this is not the system. However, if you are a small to smaller mid-sized business, the system, its cost and the 3rd party applications make it worth a first second and third look.
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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
  • Interface with WooCommerce.
  • Interface with Xero.
  • Maintain Perpetual Inventory (less than 0.001% difference in value of inventory in TG and Xero).
  • Works with ShipStation extremely well.
  • Works with major EDI vendors (with reservations).
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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
  • - Couldn't integrate with existing QBO account. Had to set up a new QBO account and transfer all data, create lots of journal entries - was very time-consuming and labor-intensive. Caused some financial discrepancies to resolve.
  • - Have to process returns on Amazon and Shopify orders manually
  • - Tax-inclusive is not allowed - European sales are tax inclusive - can't import order with VAT included. Looks like the software is suitable for US only. Have to create such orders manually in Commerce and then manual journal entries in QBO
  • - Supports accrual accounting method only. In cash - it's a mess
  • - Support - not knowledgeable enough - I could only call for support (now they have chat) and they always had to get with the back-end and every call was not less than 1 hour. At the end I would get a link for the training materials
  • - Inventory not synching timely sometimes - I have a screenshot proving that inventory on our Amazon account was 0 but Commerce still had quantities, I had to manually press synch
  • - Shipping line from Shopify orders is not coded to Shipping income account but goes together with Sales of product income account
  • - When partial of the PO is received, not able to create a bill for the partial. There're only 2 settings: either bill created at the time of PO creation (for the whole PO amount - which increases your AP right away) or at the time the whole PO received. It works only when PO is shipped as a whole.
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Likelihood to Renew
HotSchedules and Fourth
No answers on this topic
Intuit
TG works well for us.
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Usability
HotSchedules and Fourth
No answers on this topic
Intuit
TG is good and easy to use, but could be improved
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Support Rating
HotSchedules and Fourth
Too long to get an answer.
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Intuit
Support team just sends links to blog posts that are often out of date.
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Alternatives Considered
HotSchedules and Fourth
No answers on this topic
Intuit
Each of the applications has a specific place. We select and implement the best solutions for our clients based on their budget and requirements. This is often determined by integration requirements. We like to say that every application with do a different 95% of what you need it to. There will always be a different 5% to forgo between applications.
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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
  • No real ROI - we're stilling pulling reports from multiple platforms.
  • Positive - segregation of wholesale and DTC orders in Shopify.
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ScreenShots

Fourth Procurement and Inventory Screenshots

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QuickBooks Commerce Screenshots

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