Name: Gravity Software
Rating: 9 (1 reviews)
Author: Gravity Software

Help Desk

Kiosk

Web and Video Conferencing

Customer Support

Agile Development

Image Recognition

Service Mesh

Development

Alumni Management

School Management

Education

Board Management

Business Intelligence (BI)

Collaboration

Digital Rights Management (DRM)

Enhanced 911 (E911)

Enterprise

Accounting

Invoicing

Nonprofit Accounting

Finance and Accounting

Applicant Tracking

Corporate Learning Management

HR Management

HR Service Delivery

Payroll

Talent Intelligence

Talent Management

Vendor Management Systems (VMS)

Workforce Analytics

Workforce Management

Human Resources

Application Lifecycle Management (ALM)

Cloud Cost Management

Cloud Storage

Database Performance Monitoring

Email Verification

Fraud Detection

IP Address Management (IPAM)

IT Asset Disposal

Integration Platform as a Service (iPaaS)

License Management

Low-Code Development

Managed IT Service

Master Data Management (MDM)

Network Diagnostics

Network Performance Monitoring

Network Simulation

NoSQL Databases

Rack Servers

Tape Storage

Wireless LAN

Workload Automation

Information Technology

A/B Testing

Ad Serving & Retargeting

All-in-One Marketing

Blogging

Content Management

Digital Rewards

Email Marketing

Marketing Automation

Online Proofing

Screen and Video Capture

Social Media Management

Survey & Forms Building

Video Editing

Web Analytics

Website Builder

Marketing

Project Management

Professional Services

Customer Relationship Management (CRM)

Sales Consulting

Sales

API Security

File Integrity Monitoring

Security Orchestration, Automation and Response (SOAR)

Security

Animation

Construction Management

Debt Collection

ID Card

Last Mile Delivery

Municipal

Vertical-Specific

Find top rated software and services based on in-depth reviews from verified users. 400+ software categories including PaaS, NoSQL, BI, HR, and more.

Azurepath

Azurepath, LLC.

Webtrends Social

Webtrends

QuickMeasure OnScreen

Tally Systems

ProphetLine for Windows

ProphetLine

Help.com

Distribion

Distribion, Inc.

CoffeeCup Responsive Email Designer

CoffeeCup Software, Inc.

SAP Business Rules Management

Trackur

Cisco Virtualization Experience Infrastructure

Cisco

### Multi-Entity Accounting
Users consistently highlight Gravity Software's multi-entity accounting as a standout feature, enabling efficient management of multiple legal entities within a single platform. The ability to streamline intercompany transactions and consolidate financials across different entities has been a game-changer for many users. While some users have encountered challenges with intercompany setups and reporting, the overall sentiment leans towards the effectiveness and time-saving benefits of Gravity's multi-entity accounting functionality. The platform's ease of use and integration with Microsoft Office further enhance its appeal for businesses with complex entity structures.

### Compliance and Audit Trails
Users consistently praise Gravity Software's compliance and audit trail features. They appreciate the system's ability to provide a true audit trail for transactions, which enhances transparency and accountability within their financial processes. The ease of creating approval rules and the single-button correction with full audit trails are highlighted as valuable functionalities that streamline compliance efforts. Additionally, the integration with Microsoft Office and the GAAP compliance further solidify Gravity Software's reputation for robust compliance and audit trail capabilities.

### Reporting and Analytics
Users have highlighted the customizable and user-friendly aspects of Gravity Software's reporting capabilities, noting that it simplifies the process of obtaining necessary information. However, there are concerns about the speed and efficiency of reporting, with some users mentioning challenges in navigating intercompany setups and email integration. Despite these drawbacks, Gravity Software's reporting features have been commended for their potential to provide valuable insights once enhancements are implemented.

### Integration and Automation
Users also appreciate the flexibility of Gravity Software's cloud-based system, allowing for remote work and easy access to critical financial data. The platform's ability to streamline intercompany transactions and automate processes like bank reconciliations has been a significant advantage for many users. Additionally, the integration with Microsoft Office and Dynamics 365 platform has been lauded for enhancing overall operational efficiency and providing a seamless user experience.

### Financial Management
User sentiment regarding Gravity Software's financial management capabilities is predominantly positive, with users praising its efficiency in managing financials, transactions, and improving profitability. The software's ability to streamline processes, track revenue and expenses across multiple entities, and provide accurate financial statements has garnered high praise from reviewers. Additionally, the ease of managing cash flow, job costing, and intercompany transactions has been highlighted as key strengths of Gravity Software in enhancing financial management practices for businesses. Users appreciate the cost-effectiveness and user-friendly interface that Gravity Software offers, making it a valuable tool for making informed financial decisions swiftly and confidently.

Users commonly recommend the following:

1. Have technical oversight and good support: Users emphasize the importance of having someone technical and experienced with both accounting and data to oversee the project. They also recommend good support from the consulting company throughout implementation and ongoing use.

2. Work with a knowledgeable consultant for adjustments: Users mention occasional adjustments and kinks in the program. A knowledgeable consultant can help with corrections or notifications to the software company.

3. Enjoy ease of use and smooth transition: Users find Gravity easy to use, with a smooth transition when implementing the software. It is particularly easy to use with Excel.

Overall, users recommend Gravity as a cost-effective and user-friendly accounting solution. It is a great fit for companies looking to move away from QuickBooks and has helped businesses grow. Additionally, Gravity offers flexible integration tools and has responsive customer support.

Gravity Software is a cloud-based accounting software solution designed for mid-market businesses. According to the vendor, it offers multi-entity accounting capabilities, allowing users to consolidate financial reports from multiple entities and gain insights from a single database. The software is built on the Microsoft Power Platform, providing seamless integration with other leading apps and accessibility from anywhere.

**Key Features**

**Multi-Entity Accounting**: Gravity Software consolidates financial reports from multiple entities, providing comprehensive data visibility and insights. It uses a single database for efficient management.

**Microsoft Power Platform**: Built on the Microsoft Power Platform, Gravity Software offers seamless integration with leading apps and can be accessed from anywhere.

**Investment Management**: Designed for private equity firms and family offices, Gravity Software helps manage investments and assets, providing control over portfolios.

**Multi-Location Inventory**: Gravity Software tracks, controls, and manages inventory across multiple locations, creating efficiencies and reducing costs.

**Subscription Billing**: Gravity Software automates the subscription billing process, increasing accuracy and efficiency.

**Revenue Recognition**: Gravity Software simplifies the revenue and expense recognition process, providing real-time insights and ensuring compliance with accounting standards.

**Accounts Payable**: Gravity Software automates payables processes, managing vendor invoices and payments to save time and improve efficiency.

**Accounts Receivable**: Gravity Software efficiently tracks and manages customer invoices, speeding up payment collection and improving cash flow management.

**Bank Book Management**: Gravity Software automates bank statement reconciliation, ensuring accuracy in bank account management and providing real-time visibility into bank transactions.

**Budgeting**: Gravity Software allows copying and pasting of budgets from Excel, enabling real-time forecasting and streamlining the budget management process.

Effortless Multi-Entity Management: Multiple reviewers have praised Gravity Software for its excellent solution in managing multiple entities and consolidating financials. Users find it effortless to switch between different legal entities with a simple dropdown selection, saving them valuable time and increasing productivity.

Seamless Inter-Entity Transactions: The multi-entity features of Gravity Software have received highly positive feedback from users. They appreciate the seamless process of creating transactions across entities without having to navigate through multiple datasets. This functionality streamlines their workflow and eliminates unnecessary complexities.

Robust Reporting Capabilities: Reviewers express satisfaction with Gravity Software's reporting capabilities. They find it easy to obtain necessary information and appreciate the customizable aspects of the program, allowing them to generate reports that meet their specific needs. This flexibility enhances their ability to analyze data effectively and make informed business decisions.

Challenges with Implementation Process: Some users have found the implementation process to be rougher than anticipated, leading to frustrations and delays. While improvements have been made in training implementation, there is still room for further enhancement to ensure a smoother onboarding experience.

Lack of Vendor Information in Journal Entries: Several reviewers have expressed dissatisfaction with the lack of vendor information flowing through journal entries, particularly in relation to reporting. This limitation has hindered their ability to accurately track and analyze vendor-related transactions within the software.

Slow Support and Update Releases: Users have voiced frustration with the slow support response times and infrequent update releases from Gravity. They believe that prompt assistance and regular updates are crucial for resolving issues quickly and keeping up with evolving accounting needs.

Gravity Software offers a range of useful features that have proven beneficial to its users. One key use case is integrating Gravity with other software platforms to enhance reporting capabilities. This integration allows users to leverage the strengths of multiple systems and streamline their reporting processes.

Another valuable use case of Gravity is its intercompany accounting and dimension tracking features. Users have found these features to be highly useful in managing financial transactions between different entities within their organization and tracking various dimensions such as departments or business units.

Gravity's advanced features, including subscription billing and payment portal automation, have also received positive feedback from users. These features help businesses streamline their billing processes and improve overall efficiency.

The software's true audit trail for transactions has been highly beneficial to users, providing them with a reliable record of all financial activities. This feature contributes to increased transparency and accountability within organizations.

For those requiring multiple entity accounting, users have found Gravity to be a suitable alternative to Quickbooks Online. Its ability to efficiently manage multiple legal entities saves time and reduces errors in financial consolidations.

Gravity's support team has garnered praise for their responsiveness and quality of assistance. Users appreciate the prompt and helpful support they receive when encountering any difficulties or questions while using the software.

The easy-to-navigate interface of Gravity has also been commended by users. Its intuitive design allows users to quickly locate and access the functions they need, contributing to a seamless user experience.

Additionally, Gravity's pricing has been perceived as reasonable by its users, offering good value for the features and functionality provided.

Overall, Gravity Software serves as a reliable accounting solution, streamlining financial processes, enabling efficient multi-entity management, and providing valuable features that contribute to improved productivity and decision-making within organizations.

Single User - Unlimited Everything

Harpoon

Zeni is an AI-powered finance team for startups from Zeni, Inc in Palo Alto, boasting capabilities like intelligent bookkeeping, accounting, and CFO services.

Bookkeeping Plan

Full Service Plan

CFO Plan

Zeni

Gravity Software

1 in 3 accounting software users find it difficult to choose the right tool. Find the best solution for you.

The Buyer’s Guide to Accounting Software

Software for tracking revenues and expenses and forecasting future revenue.

General Ledger and Configurable Accounting

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

Accounts payable

This includes the automation and tracking of payment to vendors and suppliers, with features such as payment scheduling, check printing, open purchase order alerts, document management, direct ACH bill payment, and vendor records.

Accounts receivable

This includes the management and automation of invoices and collections, with features like statements, invoices, receipts, payment reminders, customer records, auto billing, and refund checks.

Cash management

The software provides a complete picture of a company’s cash flows, streamlines payment processing, and includes cash forecasting.

Bank reconciliation

The software connects to a company’s financial institutions in order to reconcile accounting records with checking, savings and credit card accounts. Often month and year closing capabilities are included.

Expense management

The software can log and track business expenses and reimbursements, including travel-related expenses, with the ability to tie them to particular projects.

Time tracking

The software can track billable and non-billable employee time by project.

Fixed asset management

This includes the ability to track fixed assets (e.g., laptops), including location, check-in and check-out, maintenance scheduling, audit history, specialized property tax period reports, cost and depreciation.

Multi-currency support

The software supports transactions across multiple currencies.

Multi-division support

The software is flexible and supports bookkeeping practices along multiple dimensions such as locations, branches or products.

Regulations compliance

The software helps users adhere to typical accounting standards and regulations such as IFRS, GASB, or GAAP.

Electronic tax filing

The software provides a full electronic interface for the filing of repeatable taxes, such as payroll or sales tax.

Self-service portal

The software provides online portals for certain stakeholders to find information relevant to them, such as employees, vendors and customers.

Global Financial Support

Account using multiple ledgers, multiple currencies, and multiple entities

Primary and Secondary Ledgers

Record and report across multiple currencies and accounting standards with primary and secondary ledgers

Intercompany Accounting

Automatically balance and reconcile GL for intercompany transactions

Localizations

Meet reporting requirements with country-specific localizations

Journals and Reconciliations

Automate and synchronize ledgers and processes

Enterprise Accounting

Create accounting for disconnected ERP and non-accounting source systems

Configurable Accounting

Configure accounting rules and segments for each chart of accounts

Centralized Rules Framework

Integrate disparate ERP and transactional systems into single ERP instance

Standardized Processes

Centralize financial management to facilitate standardized financial processes

Inventory Management

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

Inventory tracking

The software syncs orders and stock to maintain a real-time picture of inventory and supports multiple methods such as LIFO and FIFO.

Automatic reordering

The software can be set up to automatically reorder a good when it falls below a certain threshold.

Location management

The software can track multiple goods across multiple locations.

Manufacturing module

The software helps track and manage raw materials, work-in-progress items, and finished goods.

Order Management

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

Pricing

Users can set up complex and unique pricing requirements.

Order entry

Users can enter an order once, and the data flows to all the necessary units such as fulfillment and billing.

Credit card processing

The software facilitates credit card processing.

Cost of goods sold

The software calculates the direct costs attributable to a finished product, such as materials and labor, and includes roll-up pricing.

Order Orchestration

Define and execute order fulfillment processes for products as well as services on the same order.

End-to-end order visibility

Get updates on orders, inventory, shipments, planned supply, and invoices, and improve the quality of decisions through in-context analytics

Order exception Resolution

Monitor fulfillment tasks and resolve issues, view and evaluate varios options via what-if analysis and define and enforce change order rules

Payroll Management

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

Pay calculation

Pay calculation provides for computation of employee pay with state and federal deductions.

Benefit plan administration

Benefit plan administration is administration of health insurance plans and 401k plans, and other benefits.

Gravity Software

Overview

What is Gravity Software?