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Accounting Seed

Accounting Seed

Overview

What is Accounting Seed?

Accounting Seed is accounting software that is native to Salesforce.

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Recent Reviews

TrustRadius Insights

Accounting Seed has become an integral tool at Alliance Data, streamlining accounting procedures and offering a range of use cases. With …
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Popular Features

View all 44 features
  • Accounts payable (6)
    9.6
    96%
  • Custom reports (6)
    8.8
    88%
  • Standard reports (6)
    8.7
    87%
  • Bank reconciliation (6)
    8.6
    86%
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Pricing

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What is Accounting Seed?

Accounting Seed is accounting software that is native to Salesforce.

Entry-level set up fee?

  • No setup fee
For the latest information on pricing, visithttps://www.accountingseed.com/the…

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

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Alternatives Pricing

What is QuickBooks Online?

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.

What is FreshBooks?

FreshBooks is an accounting service for small businesses. The solution enables users to send and manage invoices, track billable time and collect online payments. The vendor’s value proposition this that their solution provides a straightforward service that simplifies the billing process.

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Product Demos

Own Your Accounting: Accounting Seed 2021 Demo

YouTube

Connect Front & Back Office, Endless Possibilities. Hear Why Businesses Choose Accounting Seed.

YouTube

Accounting Seed Demo

YouTube

Bill&Pay for Salesforce - Accounting Seed Demo

YouTube

Accounting Seed Demo - Install the plugin

YouTube

Accounting Seed Demo - Sending Checks

YouTube
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Features

Payroll Management

Provides for pay calculation and benefit plan administration, in addition to managing direct deposit, salary revisions and payroll tracking.

9
Avg 7.2

Customization

This addresses a company’s ability to configure the software to fit its specific use case and workflow.

9.7
Avg 6.9

Security

This component helps a company minimize the security risks by controlling access to the software and its data, and encouraging best practices among users.

9.7
Avg 7.8

Reporting & Analytics

Users can report on and analyze usage, performance, ROI, and/or other metrics of success.

9.1
Avg 7.5

General Ledger and Configurable Accounting

Financial management solution, including capabilities for general ledger and configurable accounting

8.9
Avg 7.2

Inventory Management

The ability to track and manage the flow of goods or materials into and out of an inventory.

9
Avg 6.7

Order Management

The ability to process orders, and track them from quote to cash.

9.4
Avg 7.2
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Product Details

What is Accounting Seed?

Accounting Seed is native to the Salesforce Platform and combines accounting and CRM for a full view of the business. It is designed so users can manage General Ledger, Billing & Cash receipts, Accounts Payable & Cash Disbursements, PSA, and Project Accounting on one platform with the flexibility and automation needed to run a business. The application tracks financial data through the entire business lifecycle; from marketing, project implementation, product sales, back office accounting, to producing financial statements designed by the user.

Features include:
-User defined core financial report layouts
-Order management
-Inventory Control
-Perfect for Construction and Government Contracting
-Multiple configurable invoice formats
-Auto service billing from time cards
-Accounts Payable and Cash Disbursements
-Fund Accounting (non-profit)
-Deferred revenue/expense in multiple configurations
-Scheduled transactions with any project or GL account
-Flexible Project Accounting and work breakdown structure
-Project Profitability against multiple budgets
-Labor costing at actual or standard rates
-Material costing to project
-PSA management
-Planned resource allocations per project by hour
-Utilization load and planning with conflict identification


Accounting Seed Features

General Ledger and Configurable Accounting Features

  • Supported: Accounts payable
  • Supported: Accounts receivable
  • Supported: Cash management
  • Supported: Bank reconciliation
  • Supported: Expense management
  • Supported: Time tracking
  • Supported: Fixed asset management
  • Supported: Multi-currency support
  • Supported: Multi-division support
  • Supported: Regulations compliance
  • Supported: Electronic tax filing
  • Supported: Self-service portal
  • Supported: Global Financial Support
  • Supported: Primary and Secondary Ledgers
  • Supported: Intercompany Accounting
  • Supported: Localizations
  • Supported: Journals and Reconciliations
  • Supported: Enterprise Accounting
  • Supported: Configurable Accounting
  • Supported: Centralized Rules Framework
  • Supported: Standardized Processes

Inventory Management Features

  • Supported: Inventory tracking
  • Supported: Automatic reordering
  • Supported: Location management
  • Supported: Manufacturing module

Order Management Features

  • Supported: Pricing
  • Supported: Order entry
  • Supported: Credit card processing
  • Supported: Cost of goods sold
  • Supported: Order Orchestration
  • Supported: End-to-end order visibility
  • Supported: Order exception Resolution

Payroll Management Features

  • Supported: Pay calculation
  • Supported: Benefit plan administration
  • Supported: Direct deposit files
  • Supported: Salary revision and increment management
  • Supported: Reimbursement management

Reporting & Analytics Features

  • Supported: Dashboards
  • Supported: Standard reports
  • Supported: Custom reports

Customization Features

  • Supported: API for custom integration
  • Supported: Plug-ins

Security Features

  • Supported: Role-based user permissions
  • Supported: Single sign-on capability
  • Supported: Multi-factor authentication
  • Supported: User-level audit trail

Accounting Seed Screenshots

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Accounting Seed Videos

Customer Story: NVIS, Inc.
Customer Story: Brindlee Mountain Fire Apparatus

Accounting Seed Integrations

Accounting Seed Technical Details

Deployment TypesSoftware as a Service (SaaS), Cloud, or Web-Based
Operating SystemsUnspecified
Mobile ApplicationNo
Supported LanguagesThe solution can be customized to your language in the same way the Salesforce Platform can.

Frequently Asked Questions

Accounting Seed is accounting software that is native to Salesforce.

QuickBooks Online, NetSuite ERP, and Sage Intacct are common alternatives for Accounting Seed.

Reviewers rate Global Financial Support and Localizations highest, with a score of 10.

The most common users of Accounting Seed are from Mid-sized Companies (51-1,000 employees).
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Comparisons

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Reviews and Ratings

(30)

Community Insights

TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!

Accounting Seed has become an integral tool at Alliance Data, streamlining accounting procedures and offering a range of use cases. With its seamless integration with Salesforce, users are able to automate various accounting tasks such as project accounting, cash management, and orders and inventory management. This integration across all sectors of the organization allows for a comprehensive view of financial data, enabling users to retrieve information via reports in Salesforce and run reports in Accounting Seed.

The software has proven to be a suitable fit for the organization, replacing an outdated Great Plains program. The ease of integration with Salesforce stands out as a standout feature for users, as it eliminates the need to switch between different platforms or duplicate data entry. By using the same data across both software platforms, Accounting Seed not only simplifies accounting tasks but also saves valuable time for the accounting department. However, it's worth noting that while the tool offers ease of use, there is a learning curve that new users must overcome to fully leverage its capabilities.

Improved visibility and control: Several users have stated that automating AP and AR with Accounting Seed has greatly improved visibility in spending, allowing for better control and management of financial transactions.

Seamless integration with Salesforce: Many reviewers have highlighted the major advantage of integrating Accounting Seed into Salesforce. This seamless integration eliminates the need for manual data entry and ensures data accuracy, while also allowing for easy linking of financial information with all aspects of the organization.

Excellent customer service: Users have consistently praised the excellent customer service provided by Accounting Seed. The support team is responsive and provides timely and helpful solutions to any issues or questions, ensuring a positive user experience.

Lack of On-Premise Applications: Several users have mentioned that Accounting Seed does not offer on-premise applications for PC, tablets, and smartphones, which has limited accessibility for those who prefer to work on different devices.

Limited Enterprise Features: Some users have expressed that Accounting Seed lacks certain enterprise features and needs to be integrated with external applications to fulfill specific requirements.

Difficulty with Custom Reporting: A number of reviewers have found custom reporting in Accounting Seed to be cumbersome and desired more predesigned reports. They suggested that better instructions, more examples, and additional canned reports would be helpful in improving the reporting experience.

Users commonly recommend trying out the free version of BeanFlumper instead of purchasing the full version. This allows them to evaluate its features and suitability for their needs without any cost.

Additionally, many users suggest hosting BeanFlumper on their own system rather than using the cloud version. By doing so, they have better control over data security and can optimize performance according to their requirements.

Customers highly recommend Accounting Seed as an end-to-end accounting solution. They praise its comprehensive view of business accounting and user-friendly dashboard, which provides a convenient and efficient way to manage financial processes.

Attribute Ratings

Reviews

(1-6 of 6)
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Kristen Corp | TrustRadius Reviewer
Score 7 out of 10
Vetted Review
Verified User
Incentivized
I started using Accounting Seed at Alliance Data to automate mild accounting procedures like project accounting, cash in & cash out management, orders and inventory management. Accounting Seed isn’t used in all departments in my current organization since it doesn’t have enterprise accounting features.
  • Invoices are being sent electronically without having to use any paper.
  • Automating AP and AR has improved visibility in spending.
  • Distributing disbursement to employees and paying vendors on the time improve company trustworthiness.
  • Accounting Seed lacks on-premise applications for PC, tablet and smartphone.
  • Additionally, Accounting Seed is not rich in enterprise features, that is why we integrate it with external applications.
I wouldn’t recommend Accounting Seed to enterprise companies. However, Accounting Seed is the best cloud accounting tool for small and medium-sized companies that are yearning to automate accounts payable and receivable, inventory management, and invoice customization in one integrated platform.
Score 10 out of 10
Vetted Review
Verified User
Incentivized
We are using Accounting Seed in the accounting department and everyone in the department has access. What makes the software outstanding is the ease of integration with Salesforce. This integration makes it easy to handle accounting tasks and saves time as we can use the same data across the two software. While using the tool is easy, it has a long learning curve before any new user can get used to all the features of Accounting Seed and be able to fully benefit from its capabilities.
  • Accounting Seed is an affordable accounting solution
  • It offers many features making it an ideal accounting solution for business
  • The software integrates well with Salesforce
  • The software comes with a friendly User Interface
  • Drop-down search is slow and sometime may fail to find the results
  • Longer learning curve for new users
  • The reports are not always as details as everyone would wish them to be
Accounting Seed is a great solution for businesses looking for reliable accounting software. It offers all the features needed and works as expected. In addition, it is not as pricey as many competitors and therefore a great choice. I would recommend it for both startups and established businesses.
Score 10 out of 10
Vetted Review
Verified User
Incentivized
Accounting Seed is used as our accounting software across the company. It integrates perfectly with Salesforce allowing us to have full integration across all sectors of the organization. When someone learns how to retrieve information via reports in Salesforce, they can run reports in Accounting Seed. All our accounting reports and project management reports come from Accounting Seed.
  • Fully integrated into Salesforce so financial information is linked to all aspects of the organization.
  • Customer service is excellent and with timely and helpful solutions.
  • Upgrades are announced well ahead of pushing them out. Accounting Seed handles all the effort. When upgraded, you are assured there are no problems with it continuing to work with your other applications in Salesforce
  • Being built on the Force.com platform, many applications are available to add to the Accounting Seed application to expand its abilities.
  • Customization is simple and integrates across all aspects of Salesforce.
  • I would love to see more predesigned reports.
Accounting Seed is great for project management. Budgets can be done at the project level. Its full integration with Salesforce makes it a great cloud-based accounting solution for a small to mid-sized business.
Score 10 out of 10
Vetted Review
Verified User
We purchased Accounting Seed to replace an out of date Great Plains program. We are a performing arts, non profit theater. We wanted a Salesforce based product as we currently use Patron Manager as our ticketing, donation and education sales program, and we specifically wanted a program that would allow our staff to move seamlessly between the multiple sides of our business.
  • When making a deposit for a donation we can tag the account record.
  • Anyone can recognize donors that are also vendors.
  • Extracting general ledger detail is accurate and easy - allowing us to ensure the GL matches revenue detail from donations, box office and education.
  • Budgeting is actually pretty nimble now that I am using it more.
  • Custom reporting seems cumbersome, but it could just be that we need better instructions, more examples, maybe some more canned reports. My company needs the ability to compare multiple years, and more than one budget in a report - we start with an approved board budget and then we reproject each quarter.
  • Non profits need to print financials by restriction level - this has also been very awkward - all the data is there but I have to piece it together in an excel spreadsheet every time I want it.
  • In general, the materials needed for non profits is not as accessible as it could be.
The ability to see detail in the data is second to none. The ability to tie into the same data base as other salesforce products is huge. I do believe you need an on site expert. I have found my staff hesitant to "explore" the world outside of their routine. There are certain functions - like accounts payable - that are very similar no matter what program you buy, but it would be helpful if Accounting Seed put together some "Best Practices Procedures" for the A/P person to review and teach themselves. As the manager, it should not be up to me to have to retrain every person that steps into the position from scratch. How much nicer it would be to have something in the knowledge base or in the Accounting Home page that would direct new hires!
Score 10 out of 10
Vetted Review
Verified User
We were current users of Salesforce and were not happy with our existing separate accounting program. I felt Accounting Seed was the perfect fit and it has proven to be just that. We have it set up so only accounting staff have access to the program, but the fact that information flows out to Salesforce for our Sales staff to see and work from is priceless. Not to mention the flexibility and array of reporting features. We now are able to have reports auto generate to show profit/loss, reconciliations, etc.
  • Ability to create custom reports on the fly.
  • Sharing/flowing information across Salesforce project pages.
  • My favorite, saving tons of time by having all information in one location, not having to stop and compare Salesforce reports to a separate accounting program reports.
  • Sometimes when creating a receipt it can't seem to find the company I am searching for in the drop-down, I have to go out to the company and enter from there.
  • Some of the accounting reports seem to be limited, though at times this may just be the user! Still learning as I go! But there have been some reports that state I would need to add another partner app to do, which would mean more cost.
Our main reason for switching to Accounting Seed was the idea of having all of our information in one platform. This allows constant real-time information on where we are at with cash flow, project costing, a/r, a/p, loss/gain on jobs, etc. When we set up a job in Salesforce we immediately set up a reconciliation linked to it, so we do billing to a customer on that job, or enter a payable against it. It shows in real-time on the job's page. I honestly can't think of a scenario where it would not be appropriate.
Score 8 out of 10
Vetted Review
Verified User
Incentivized
We use Accounting Seed as our accounting software, used by our CFO and his team.
  • Reports.
  • Customization.
  • Customer service.
  • A bit pricey, especially for start-ups.
If you live and breathe in Salesforce, this is for you. It's so great to not have to do double data entry, or even rely on an "integration". Being able to look up an account in Salesforce and see the related lists of all accounting info for that account is such a pleasure.
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