TrustRadius Insights
Gravity Software offers a range of useful features that have proven beneficial to its users. One key use case is integrating Gravity with …
Overview
What is Gravity Software?
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...
Recent Reviews
Leaving a review helps other professionals like you evaluate Accounting Software
Be the first one in your network to review Gravity Software, and make your voice heard!
Get StartedPricing
Entry-level set up fee?
- No setup fee
Offerings
- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
Would you like us to let the vendor know that you want pricing?
Alternatives Pricing
What is Zeni?
Zeni is an AI-powered finance team for startups from Zeni, Inc in Palo Alto, boasting capabilities like intelligent bookkeeping, accounting, and CFO services.
What is SlickPie (discontinued)?
SlickPie was free online accounting software designed for small businesses, offering online invoicing and billing, multicurrency, financial reporting, bank reconciliation, automatic payment reminders, and source document upload. SlickPie provided an automated data entry tool that let people…
Product Details
- About
- Tech Details
What is Gravity Software?
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.
Gravity Software Features
- Supported: Billing & Invoicing
- Supported: Multi-Currency
- Supported: Accounts Payable
- Supported: Accounts Receivable
- Supported: Bank Reconciliation
- Supported: Budgeting/Forecasting
- Supported: Expense Tracking
- Supported: Financial Reporting
- Supported: Fund Accounting
- Supported: General Ledger
- Supported: Inventory Management
- Supported: Nonprofits
- Supported: Project Accounting
- Supported: Purchase Order Management
- Supported: Transaction Management
Gravity Software Technical Details
| Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
|---|---|
| Operating Systems | Web-Based |
Comparisons
Compare with
Reviews
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!
- Business Problems Solved
- Pros
- Cons
- Recommendations
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.
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.
Users commonly recommend the following:
-
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.
-
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.
-
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.