Accounting Power--the really good, a little bad, and no ugly
Updated July 26, 2022

Accounting Power--the really good, a little bad, and no ugly

Steven Brewer | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with Accounting Power

Our firm provides bookkeeping and bill payment services to a range of clients throughout the U.S. It is used for all clients we provide these services to and to clients who want to do their own bookkeeping but want us to be there. It allows us to work with a variety of clients across the U.S. in a real-time manner. The information it provides allows us to provide higher services.
  • Simple layout
  • Logical menu and format
  • Flexibility in designing reports
  • Department/location accounting
  • CPA firm's client interface for delivery of bills to pay
  • Better ACH payment options for bill payment
  • Additional layer of department/location allocation
  • Invoicing option in mobile app
  • Allowed for standardized processes
  • Improved efficiency in disbursement processing
  • Bank feed is easily broken
  • ACH payment options are not well established
I find Accounting Power to have more flexibility, power, and reporting capability than QuickBooks Online with a simpler interface.

Do you think Accounting Power delivers good value for the price?

Yes

Are you happy with Accounting Power's feature set?

Yes

Did Accounting Power live up to sales and marketing promises?

Yes

Did implementation of Accounting Power go as expected?

Yes

Would you buy Accounting Power again?

Yes

It provides everything one needs for accounting services and then some at a price point that makes it very affordable.
Needs some work. Support staff seem to be computer people, not accountants or users of the system. Their answers sometimes seem short and computer-based. Not answered in a way that says, "I have thought through this and here is what I see to do."
Retail, professional services, non-manufacturing, or non-inventory-based clients are a great fit.

Accounting Power Feature Ratings

Accounts payable
9
Accounts receivable
9
Cash management
8
Bank reconciliation
10
Expense management
9
Multi-division support
6
Regulations compliance
Not Rated
Electronic tax filing
Not Rated
Journals and Reconciliations
8
Standardized Processes
9
Dashboards
7
Custom reports
9
API for custom integration
4
Role-based user permissions
9
Single sign-on capability
10

Using Accounting Power

8 - Writeup, bookkeeping, accounts payable and accounts receivable
8 - Data Entry, common sense, ability to follow instructions
  • Write up functions
  • Disbursement
  • Reporting
  • Redesign of financial statements to make them more readable by clients.
  • Provide base data to feed into KPI software and customized dashboards.
I do not see a good alternative in the market.

Evaluating Accounting Power and Competitors

Yes - All Intuit accounting products.
  • Price
  • Product Features
  • Product Usability
Usability. If staff is frustrated by the product, they can be productive. It is important that the staff have confidence in the product and can use the product.
Give myself more time to evaluate and do more inhouse testing.

Accounting Power Implementation

Seek out others who have done it and learn from them.
Change management was a big part of the implementation and was well-handled - Get staff more involved the transition process
  • Reluctance from staff to change.

Accounting Power Support

ProsCons
Quick Resolution
Good followup
Problems get solved
Immediate help available
Escalation required
No. Not available
Yes - Takes time. Must be run by programming and others.

Using Accounting Power

ProsCons
Like to use
Relatively simple
Easy to use
Technical support not required
Well integrated
Consistent
Quick to learn
Convenient
Feel confident using
Lots to learn
  • Write up functions
  • Cash disbursements
  • Invoicing
  • Research of past transactions
Yes - It is only for disbursements at this time. Needs invoicing option added.