Get the Best 'View': Try Viewpoint for your business
May 01, 2019

Get the Best 'View': Try Viewpoint for your business

Anonymous | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with Viewpoint Spectrum

Viewpoint Spectrum is used across the entire organization. It links cost management through payroll and accounts payable modules to job cost seamlessly. The reporting capabilities and parameters are useful to project managers and support staff.
  • Records a single transaction and is linked through many modules so that once an invoice is input for payment, a user can view the invoices, determine when we will be paid, see if it is assigned to the correct job, and see the expenses in job cost reports in the applicable general ledger expense account.
  • The cash management module provides the ability to reconcile the cash/operating account balance to the bank balance on a daily basis and reconciles/researches any discrepancies without generating tons of paper or waiting until month-end.
  • The multitude of job cost and history reports along with scanned documents to substantiate costs is a valuable resource to project managers for managing a large job, determining profit margins, and managing manpower.
  • The general ledger module, specifically cash account, has eliminated the ability to post cash receipts and cash payments (A/P) in a lump sum. Therefore, reconciliations and cash-flow reporting and accumulation of valuable data are extremely unproductive and inefficient.
  • The inflexibility of voiding transaction in A/P after entered. You must create credit, then match the original input to credit in order to eliminate it outstanding and all reports.
  • Cash management module and bank account reconciliation results in approx 8 hours saved time at end of month reconciliation of an operating account with pages of transactions.
  • Accounts receivable reporting and customer files are extremely useful in the collection process rather than keeping manual resources.
It is well suited for job cost and project management. It needs improvement in accounting and reporting. It would be nice to have the use of simple downloads in order to produce financial statements without requiring a degree in IT.!