QuickBooks Online Advanced vs. TermSync

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
QuickBooks Online Advanced
Score 8.1 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
TermSync
Score 10.0 out of 10
N/A
TermSync is a cloud-based accounts receivable management platform. It helps companies get paid faster, reduce administrative costs, and improve customer relationships. It works with clients’ existing accounting systems and can be up in running in a day or less. Companies can choose from various modules including invoice delivery, customer portals, collection workflow management, and advanced reporting & analytics. TermSync was acquired by French company Esker in January 2015.N/A
Pricing
QuickBooks Online AdvancedTermSync
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
QuickBooks Online AdvancedTermSync
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
QuickBooks Online AdvancedTermSync
Features
QuickBooks Online AdvancedTermSync
Customization
Comparison of Customization features of Product A and Product B
QuickBooks Online Advanced
8.1
96 Ratings
5% above category average
TermSync
-
Ratings
API for custom integration7.779 Ratings00 Ratings
Plug-ins8.584 Ratings00 Ratings
Security
Comparison of Security features of Product A and Product B
QuickBooks Online Advanced
7.8
168 Ratings
5% below category average
TermSync
-
Ratings
Single sign-on capability7.9148 Ratings00 Ratings
Role-based user permissions7.8164 Ratings00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
QuickBooks Online Advanced
8.1
181 Ratings
3% above category average
TermSync
-
Ratings
Dashboards8.8170 Ratings00 Ratings
Standard reports8.5180 Ratings00 Ratings
Custom reports7.1172 Ratings00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
QuickBooks Online Advanced
8.2
185 Ratings
8% above category average
TermSync
-
Ratings
Accounts payable8.2179 Ratings00 Ratings
Accounts receivable8.6174 Ratings00 Ratings
Cash management8.1155 Ratings00 Ratings
Bank reconciliation8.5177 Ratings00 Ratings
Expense management8.3164 Ratings00 Ratings
Time tracking8.092 Ratings00 Ratings
Multi-currency support8.446 Ratings00 Ratings
Multi-division support7.981 Ratings00 Ratings
Regulations compliance8.283 Ratings00 Ratings
Electronic tax filing9.4101 Ratings00 Ratings
Self-service portal7.8100 Ratings00 Ratings
Primary and Secondary Ledgers9.177 Ratings00 Ratings
Intercompany Accounting7.979 Ratings00 Ratings
Journals and Reconciliations8.2160 Ratings00 Ratings
Enterprise Accounting7.570 Ratings00 Ratings
Configurable Accounting8.588 Ratings00 Ratings
Centralized Rules Framework8.367 Ratings00 Ratings
Standardized Processes7.8123 Ratings00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
QuickBooks Online Advanced
8.1
75 Ratings
8% above category average
TermSync
-
Ratings
Inventory tracking8.175 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
QuickBooks Online Advanced
8.0
124 Ratings
5% above category average
TermSync
-
Ratings
Pricing8.191 Ratings00 Ratings
Order entry7.384 Ratings00 Ratings
Credit card processing8.6109 Ratings00 Ratings
Best Alternatives
QuickBooks Online AdvancedTermSync
Small Businesses
QuickBooks Self-Employed (discontinued)
QuickBooks Self-Employed (discontinued)
Score 9.1 out of 10
Square 9 Softworks
Square 9 Softworks
Score 9.8 out of 10
Medium-sized Companies
Zoho Books
Zoho Books
Score 9.0 out of 10
Square 9 Softworks
Square 9 Softworks
Score 9.8 out of 10
Enterprises
BlackLine
BlackLine
Score 8.6 out of 10
Webexpenses
Webexpenses
Score 8.7 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
QuickBooks Online AdvancedTermSync
Likelihood to Recommend
8.6
(186 ratings)
10.0
(2 ratings)
Likelihood to Renew
8.3
(13 ratings)
-
(0 ratings)
Usability
8.0
(6 ratings)
-
(0 ratings)
Performance
9.1
(1 ratings)
-
(0 ratings)
Online Training
9.1
(1 ratings)
-
(0 ratings)
Implementation Rating
7.2
(4 ratings)
-
(0 ratings)
Configurability
9.1
(1 ratings)
-
(0 ratings)
Ease of integration
9.1
(1 ratings)
-
(0 ratings)
Vendor post-sale
9.1
(1 ratings)
-
(0 ratings)
Vendor pre-sale
9.1
(1 ratings)
-
(0 ratings)
User Testimonials
QuickBooks Online AdvancedTermSync
Likelihood to Recommend
Intuit
Smaller businesses that need affordable accounting software that many people are used to should look at Quickbooks. QuickBooks makes it easier for people to access your books from multiple locations. If cost is an issue, QuickBooks is very affordable, given you do not need to install and maintain a server.
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Esker
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.
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Pros
Intuit
  • It allows us to link to bank accounts in order to get up-to-date, real-time information, which is so important in today's lightning speed work world.
  • The "canned" reports are excellent and allow for extreme customization also. This makes them very helpful to both me and my clients.
  • The user interface for QuickBooks Online Advanced is easy to navigate and is intuitive for novices. The screens are well laid out and have cohesiveness on each screen to match tasks with others that match up well.
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Esker
  • 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.
Read full review
Cons
Intuit
  • Proper advice in QuickBooks Online Pro for the usage if QuickBooks Online Advanced will be more efficient.
  • More features and space in the app for organization of the self-created workflows.
  • The stability of QuickBooks Online Advanced can still be better.
  • There are still file-size issues and limitations on transactions and attributes of transactions.
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Esker
  • 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.
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Likelihood to Renew
Intuit
QuickBooks Online Advanced is very easy to use and the data is very transparent. The reporting shortfalls (not being able to report the current month and YTD results on the same report) as well as the issues with the limitations with the management reports.
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Esker
No answers on this topic
Usability
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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Esker
No answers on this topic
Reliability and Availability
Intuit
No issue at any time with Availability
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Esker
No answers on this topic
Performance
Intuit
It can be access at any time and reports is generate in less than a minute
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Esker
No answers on this topic
Online Training
Intuit
The online training was easy to follow and understand. The online training gave us the specific instructions to follow
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Esker
No answers on this topic
Implementation Rating
Intuit
Need to make an option for non-profit organizations
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Esker
No answers on this topic
Alternatives Considered
Intuit
QuickBooks Online Advanced isn’t as robust as Netsuite or Sage, but it is generally a great choice for most businesses. This software will meet or exceed the needs of most companies, and should be the first part of your accounting software decision. I would even reach out to a QuickBooks Online Advanced expert to ensure you need to step up to Sage or Netsuite before doing so on your own.
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Esker
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.
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Scalability
Intuit
Software is very flexible
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Esker
No answers on this topic
Return on Investment
Intuit
  • QBOA has shown my clients the increase and decrease of my monthly income activity
  • I am able to project my income and spending more easily
  • The P&L reports has shown me a lot and by customizing to focus on my income and expenses has allowed me to better budget
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Esker
  • 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.
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