Intuit Enterprise Suite vs. TermSync

IES is well suited for multi-entity organizations. If the intercompany mapping is set up correctly, the access to consolidated reporting can be a game-changer. I could see IES working well for a company with traditional inventory needs, as it has many features that we do not use or need in construction. IES is adequate for construction organizations, although its project reporting is more limited than QuickBooks Desktop. Hopefully, they improve this in the future. IES is less appropriate for smaller companies or companies with only one entity. The price tag is high.

Incentivized

If you are one person or managing 10, TermSync allows you to track what you and your team is working on. When to follow up with customers so that no one is missed. It allows you to see if each teammate is pulling their weight and getting done what needs to be done or if more help is needed. The Executive Metrics reports give you all the information for month end reporting and also shows you the weaknesses so you can motivate your team to excel in those areas.

Incentivized

• They have the best support. Quickbooks has always had great support but have step it up a level for help with Intuit Enterprise Suite. They are always there to help by phone, chat, appointment. The people we talked know the system and how to help.
• They have been working hard to make this a great accounting system for Construction as they can. They have gone a long ways to help us to have one system instead of numerous different systems.
• Intuit Enterprise Suite makes it easier to have several companies under one roof. We quite often have journal entries to post between two or more of the companies. We can make the entries in one place.
• All in all we have been very happy switching to Intuit Enterprise Suite, so much so that we renewed for three years. We believe in what Intuit is doing with Enterprise Suites and they know how to create a great product.

Incentivized

• The dashboard makes it easy to organize my daily work and to track customer contacts.
• TermSync makes it easy for our customers to communicate with us at a time the best works with their schedule.
• I love the credit reference reports. This saves us all the time of printing, completing and faxing credit reference reports.

Incentivized

• I would like to see them continue to include dimensions across other reports.
• I would like the ability to void transactions using a specific date of our choosing.
• I would like a live report writer for the P&L and balance sheet so I can move GL accounts into sections of my choosing.

Incentivized

• Reporting. It is hard for TermSync to create a report for every business type out there so you may need to have some things customized, but they are always willing to assist.
• The requirements needed to accept payments online requires some information that larger companies may not want to give out.

Incentivized

The software is very user friendly and being able to create reports with specific data and export it to Excel is a great help in budgeting for annual costs and tracking where a certain program is getting more attention

Incentivized

Intuit Enterprise Suite helped alleviate a major pain point for our business. We now no longer have to prepare manual consolidated financial statements. This allows us to speed up the reporting side of each month end and allows us to spend more time analyzing the numbers as opposed to preparing them.

Incentivized

Excellent. I am the first Lighthouse customer and I see first hand that their team cares, they care about not just the features but about their customers and their success. They truly want their customers to succeed

Incentivized

Our implementation was seamless!

Incentivized

NetSuite was way more complicated; it required heavy user training regularly, especially for onboarding, was really complex to maintain and customize, required expensive 3rd-party consulting and customization, had complicated integration with other business systems, and was complex to build reports. Zoho Analytics was very basic and missed many important features that businesses need to run their operations.

Incentivized

When researching for this type of product, I did reach out to other vendors. I worked closely with Billtrust in the past and they were lacking in this area when I was ready to make my move. It is my understanding that they have something very robust in the works but I can't say where that will fall on the cost spectrum. By comparison, other companies, like Get Paid had priced themselves right out of our market. TermSync gave us the tools we needed at a price we could afford in the least amount of time and very little assistance from our IT Group, which was a big relief.

Incentivized

• Overall our experience has been great - easy and smooth onboarding process
• Better support experience has surprised and delighted the team in ways I wasn't really expecting
• I like it more than I expected I would - the convenience of having it all in one place and being able to toggle through entities is really a major improvement

• Our over 60 day list has been reduced by more than 100 accounts.
• Our DSO is consistently trending lower.
• All of the customer notes are stored in one place saving time for everyone.

Incentivized