Accounting Seed was my go-to solution for AP/GL/AR, ordersabd inventory management
October 26, 2021

Accounting Seed was my go-to solution for AP/GL/AR, ordersabd inventory management

Kristen Corp | TrustRadius Reviewer
Score 7 out of 10
Vetted Review
Verified User
Review Source

Overall Satisfaction with Accounting Seed

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.
  • Business users save time sending payments to suppliers and reimbursing employees since it is just by one click.
  • The three-way POS match ensures that figures match on orders and invoices before paying suppliers.
  • Capturing data on reports that are not submitted, approval times, and policy exceptions.
  • Expense management and time tracking enable us to view the exact time taken to complete projects and the exact amount that should be paid.
I have never used Xero at my current organization, but I used it at Alliance Data before Implementing Accounting Seed. Xero wasn’t updated much during the years that we were using it. Also, Xero failed to integrate with some of third-party applications that we were using. Finally, Accounting Seed was highly navigable, had clean UI/UX unlike Xero.

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

Yes

Are you happy with Accounting Seed's feature set?

Yes

Did Accounting Seed live up to sales and marketing promises?

Yes

Did implementation of Accounting Seed go as expected?

Yes

Would you buy Accounting Seed again?

Yes

Accounting Seed was easy to implement and use without third-party service providers' intervention. Furthermore, the vendor forwarded us a copy of articles and documentation on implementation, customization and integration, which made it much easier for us to integrate it with company API and other external programs.
The support team is highly responsive, but I don’t like how they don’t operate on weekends.
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.

Accounting Seed Feature Ratings

Accounts payable
10
Accounts receivable
10
Cash management
9
Bank reconciliation
8
Expense management
10
Time tracking
10
Fixed asset management
10
Multi-currency support
6
Multi-division support
8
Regulations compliance
7
Electronic tax filing
8
Self-service portal
10
Global Financial Support
10
Primary and Secondary Ledgers
8
Intercompany Accounting
9
Localizations
10
Journals and Reconciliations
10
Enterprise Accounting
3
Configurable Accounting
8
Centralized Rules Framework
9
Standardized Processes
9
Inventory tracking
10
Automatic reordering
10
Location management
10
Manufacturing module
6
Pricing
10
Order entry
10
Credit card processing
10
Cost of goods sold
10
Order Orchestration
10
End-to-end order visibility
6
Order exception Resolution
10
Pay calculation
8
Benefit plan administration
8
Direct deposit files
9
Salary revision and increment management
9
Reimbursement management
10
Dashboards
10
Standard reports
9
Custom reports
9
API for custom integration
10
Plug-ins
10
Role-based user permissions
10
Single sign-on capability
10