Unit4 Financials

Unit4 Financials

Score 8.8 out of 10
Unit4 Financials

Overview

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Pricing

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Unit4 Financials

Unit4 Financials

N/A
Unavailable

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Entry-level set up fee?

  • No setup fee

Offerings

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

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Product Details

What is Unit4 Financials?

Unit4 Financials Technical Details

Operating SystemsUnspecified
Mobile ApplicationNo
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Reviews and Ratings

 (2)

Reviews

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January 17, 2018

Unit 4 Financials Meets Most of Our Needs

Verified User
Supervisor in Finance and Accounting
Machinery Company, 501-1000 employees
Score 9 out of 10
Vetted Review
Verified User
Use Cases and Deployment Scope
It is being used by our whole accounting department across all divisions. It handles all of our recording of financial transactions.
Pros and Cons
  • It is easy to move around in if set up properly.
  • You can changes background colors to your choice.
  • It is customizable (you can create home pages specific to the user).
  • There is a lot of "building" when first starting up with the software.
  • Some of the data you cannot pull unless you have sequel knowledge, although capabilities are getting better.
  • There is not a good operating statement report option.
Likelihood to Recommend
This would work well for the back side of accounting...meaning after the invoice was created. If you need software to create invoices, this may not be the software for you (or at least you would have to do additional research on its capability). Other than that, it takes care of the majority of our needs.
Unit4 Financials Feature Ratings
General Ledger and Configurable Accounting (21)
30.952380952380953%
3.1
Accounts payable
90%
9.0
Accounts receivable
90%
9.0
Cash management
80%
8.0
Bank reconciliation
N/A
N/A
Expense management
80%
8.0
Time tracking
N/A
N/A
Fixed asset management
N/A
N/A
Multi-currency support
N/A
N/A
Multi-division support
80%
8.0
Regulations compliance
N/A
N/A
Electronic tax filing
N/A
N/A
Self-service portal
N/A
N/A
Global Financial Support
N/A
N/A
Primary and Secondary Ledgers
N/A
N/A
Intercompany Accounting
70%
7.0
Localizations
N/A
N/A
Journals and Reconciliations
80%
8.0
Enterprise Accounting
N/A
N/A
Configurable Accounting
N/A
N/A
Centralized Rules Framework
N/A
N/A
Standardized Processes
80%
8.0
Inventory Management (4)
20%
2.0
Inventory tracking
80%
8.0
Automatic reordering
N/A
N/A
Location management
N/A
N/A
Manufacturing module
N/A
N/A
Order Management (7)
N/A
N/A
Pricing
N/A
N/A
Order entry
N/A
N/A
Credit card processing
N/A
N/A
Cost of goods sold
N/A
N/A
Order Orchestration
N/A
N/A
End-to-end order visibility
N/A
N/A
Order exception Resolution
N/A
N/A
Payroll Management (5)
N/A
N/A
Pay calculation
N/A
N/A
Benefit plan administration
N/A
N/A
Direct deposit files
N/A
N/A
Salary revision and increment management
N/A
N/A
Reimbursement management
N/A
N/A
Reporting & Analytics (3)
53.33333333333333%
5.3
Dashboards
10%
1.0
Standard reports
70%
7.0
Custom reports
80%
8.0
Customization (2)
N/A
N/A
API for custom integration
N/A
N/A
Plug-ins
N/A
N/A
Security (2)
90%
9.0
Role-based user permissions
90%
9.0
Single sign-on capability
90%
9.0
Return on Investment
  • Because of the lack of operating statement reports, we've had to spend additional funds to use another system.
  • It does show data in real time, so no waiting for batches to update overnight.
  • You can do a lot of customizing to meet your own needs.
Alternatives Considered
Unit4 Financials is definitely much more robust than Peachtree or other software. I've also used SAP in the past and this seems to have many more capabilities.
Other Software Used
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