Nvoicepay headquartered in Beaverton offers accounts payable automation, and vendor payment data management to enterprises.
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QuickBooks Online
Score 8.0 out of 10
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QuickBooks Online is a SaaS version of the QuickBooks product. It contains all of the features found in the local version. Higher-priced plans include greater automation, payment management, inventory and time tracking, and analytics features.
We used Zevez in the past to make credit card payments but NVoicepay is a much more robust system which also allows for ACH and check payments. Also, they were able to contact vendors for us and sign them up with their preferred payment methods. Easy to implement and easy to …
Sage accounting is not very user friendly compare to the QuickBooks Online. When there are adjustments in the vendor accounts, it hard to process in Sage accounting and reconcile the accounts. In QuickBooks Online, it is easy to process the whole accounting with ease. The …
We have mainly only used QuickBooks for the past few years. The last time we evaluated another similar product was Square, and that was probably 5 years ago. QuickBooks was much more robust and, at the time, offered us more features overall than Square did. It just felt like a …
QBO is the cheapest of the mentioned options. It is much easier to navigate than NetSuite. Rillet and Campfire are still pretty new, so they are building out their different functionalities. QBO lacks the strength of the AI native platforms, like Campfire and Rillet, and it …
QuickBooks Online is best for small and mid sized businesses needing simple affordable accounting. Its starting price is from $19. Xero is stronger for collaboration with unlimited users. Their cost starts with 15, and they are good for flexible reports. Netsuite is built for …
QuickBooks is the best overall as it is intuitive and easy to use, whilst meeting the needs of a CFO. Xero is very popular for IFRS reporting standards and the English-speaking countries internationally. MYOB is the most popular in Australia. SAGE is very strong for …
The employer I am currently with already had QuickBooks in place. The other ERP systems are much more robust, however they come with a much steeper price that might not be necessary if the business is in its infancy.
QuickBooks Online makes working with clients in distant states more seamless. When my clients were on Desktop, I had to upload backups for the client to download and execute. They would frequently make changes and not tell me, which would lead to inaccurate reporting at the end …
I only selected QuickBooks online to control the cost of bookkeeping and accounting for my company. Freshbooks was a delight to use, with excellent support, intuitive UI, and easy integrations. The only reason I stay with QuickBooks is because I personally do not have the …
I initially chose QuickBooks Online because I had already used the desktop version and was familiar with the interface. I have not tried any other similar software.
Xero has alot of dead ends, you cant click through to things, you have to go all the way back out, theres no shortcuts, so it takes alot of time. With both, the transactions dont let you know they are connected to a bank feed transactions, you are just assuming they are until …
Sage Intacct is very difficult to use and the inter-face is decades behind QB online. The ease to which one can find and manage information on QB online versus Sage Intacct is remarkable. QB Online is made for people who actually manage and facilitate financial information. I …
Widely adopted by U.S. customers, Stronger tools, easier to download and save. We have been a QuickBooks Online customer for 10 years and the price nearly never increases and always stays roughly the same, and offers richer functionality than Xero. We had Xero mostly when we …
It is suited for companies of any size that want to save money by reducing their A/P staff. There is also an option for vendors to use NVoicepay credit cards that offer rebates that help to offset costs of your A/P staff and their fees. NVoicepay fees are minimal as well...it is a per transaction fee with ACH/credit card option being less expensive than checks. A great solution for payments for all companies!
I appreciate the ability to auto-generate invoices for recurring transactions, which saves time, as well as the option to set up auto-generated transactions. The report option is super helpful when reviewing information, as you can click to view the details in the report without having to go back and forth.
Workflows for accounts payable invoice review are terrific.
Bill payment allows you to pay vendors online via ACH or check without having to write a physical check, which reduces admin time.
The cloud based login lends well to a remote or hybrid work environment for staff.
QuickBooks Online allows you to pre-configure vendors' general ledger expense accounts. This helps with general ledger coding accuracy and consistency.
QuickBooks Online integrates with Rippling HRIS, Coast, Capital One, JPMorgan Chase, etc., which lends well to an efficient month-end closing and reduced administrative time.
Perhaps the most frustrating part of Nvoicepay is the reporting. Simply working through the filtering to find a transaction in the history is extremely difficult. If you don't select the filters in the correct order you will typically find zero results.
The formatting for the upload is also a little tricky. Since you are uploading an excel file, any zip codes with leading zeros typically have the zeros removed and result in a failed upload. So having to place an apostrophe in front of any leading zeros is kind of pain especially when you have 100 plus lines of transactions.
The main dashboard is also something to be desired. I understand the concept of providing the dashboard, but what use is it if I can't dig in and see what the numbers and graphs are made of? If Nvoicepay was able to hyperlink to the transactions that make up each category it would make the dashboard far more useful.
Purchase Orders cannot be linked to multiple bill payments which makes tracking purchase orders in QuickBooks Online obsolete. Without the function we have to track this within a different more manual spreadsheet.
Would be helpful if you could "split" bank transactions directly from the "review" downloads from the bank. Currently, to split transactions to multiple accounts we need to first categorize, then review after assigning to 1 account.
QBO needs better integration with non-Intuit products and developers need to use Intuit's open API to develop better add-ons. Clients are having a great deal of problems with their data importing from the bank and this takes time away from better revenue producing activities. Although the efficiencies are there, they are outweighted by the shortcomings of the product. When we ran a parallel of QBO versus other cloud accounting products, we had more issues with the QBO product than any other
I had very little trouble setting up the program and migrating from our old accounting system. The daily usage is also very intuitive and easy. Anytime we run into minor trouble with the program, there are always tons of help available on YouTube, so we don't even look up the online manual anymore.
In my experience, most representatives keep me on the phone for hours, literally, for a single issue and then usually cannot resolve it satisfactorily. I have 10 open cases that need resolution and, in my experience, there has been NO follow-up communication on any of them.
The person in charge of QB needs to be very accurate with record keeping and is recommended to stay on top of tasks. The biggest issue we have is reconciliation, and those issues occur only when too much time has occurred between reconciliations
QBO is the cheapest of the mentioned options. It is much easier to navigate than NetSuite. Rillet and Campfire are still pretty new, so they are building out their different functionalities. QBO lacks the strength of the AI native platforms, like Campfire and Rillet, and it doesn't hang well with NetSuite on inventory.
As we have grown along our professional path, we have also expanded our use of QB. The scalability is easy and features seem to be waiting for you until you need them. We have increased profits by over 10x from our first year in business to the current and have yet to find a reason to look elsewhere
Nvoicepay has had only a positive impact on our overall business objectives. Since it takes care of remedial tasks of processing payments we are able to concentrate on more complex tasks such as prepping for close, creating schedules, and improving other processes.
I think the help function is cumbersome and hard to use. When I go to refresh myself on a function, say quarterly, I feel like I have to cast about just looking for it.
The account reconciliation works, but in this place that could benefit from messaging, there are no easy helping functions flagging things like amounts that fit the discrepancy.
Even styling invoices and documents is more cumbersome than it should be.