Advanced Financials

RATING:

4.8

(4)
Overview

About Advanced Financials

Advanced Financials is an accounting and financial management solution, which enables businesses in legal, education, healthcare and other sectors to streamline purchasing, reporting, procurement and invoicing processes. Professionals can use dashboards and reports to gain insights into budget, trends, expenditure and more. Key features of Advanced Financials include credit management, bank reconciliation, general ledger and customizable reports. Businesses can track the performance of budget and purchase quotes, store receipts in a centralized repository and view reports, payments and approvals within a unified platform. Additionally, organizations can streamline workflows across the accounts receivable life cycle, implement dunning processes and match bank transactio...

Advanced Financials Pricing

Based on a flexible per user structure - minimum 8 users.Please contact Advanced directly for pricing information.

Free trial: 

Not Available

Free version: 

Not Available

Advanced Financials supplier transactions
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Advanced Financials Reviews

Overall Rating

4.8

Ratings Breakdown

Secondary Ratings

Ease-of-use

4

Customer Support

5

Value for money

5

Functionality

4.5

Most Helpful Reviews for Advanced Financials

4 Reviews

Nick

Financial Services, 11-50 employees

Used daily for less than 12 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

4

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed December 2021

Impact to our business

Very good, a friendly, helpful team at One Advanced.

PROS

Inputting a General Ledger system was key for us. We were running our accounts within excel which was becoming more challenging as the company grew and began transacting. We were impressed by the reporting capabilities which we are looking forward to developing. Integration was straightforward thanks to the project teams friendliness and availability at all time.

CONS

Personally I find the excel journal upload function restrained. There are improvements that could be made to make it easier to use. Having said that, once you are aware of the restraints, workarounds make it work for us.

Reason for choosing Advanced Financials

Reporting capabilities, functionality that we were looking for, competitive price and a warm feeling from the sales lead.

Pip

Marketing and Advertising, 51-200 employees

Used daily for less than 6 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

4

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed December 2021

Complex but flexible financial software

The Advanced team have been very supportive of our implementation and held hands with the team throughout the journey

PROS

The ability for personalised dashboard for all staff members so that they can see the relevant financial information for their department or team whenever they - helps to improve financial understanding and free up time for the finance team

CONS

Reporting is still not great and even though Jasper is used to report the formatting of reports is still limited

Reason for choosing Advanced Financials

Better more complete product with greater ability on dashboards and the ability to cut the data in multiple ways

Reasons for switching to Advanced Financials

To become fully cloud based

User Profile

Kennedy Jr

Verified reviewer

Transportation/Trucking/Railroad, 201-500 employees

Used daily for more than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

4

EASE OF USE

4

VALUE FOR MONEY

4

FUNCTIONALITY

4

Reviewed January 2023

Fast, east to use and reliable

Overall I am relatively happy with the software and its functionality. It has, and continues to, enable us as a finance function to accurately record data whilst simultaneously allowing us to extract financial information seamlessly, which has enhanced our ability to support operational decision making.

PROS

I think the ease of access to all the different nominal codes of the general ledger is important, particularly when investigating variances in performance in order to understand exactly what transactions make up costs or revenue. I also like the paperclip feature, where invoices are digitally "paper clipped" to purchase orders when invoices are entered onto the system by accounts payable. This makes it very easy to view relevant invoices when trying to understand costs incurred in a given period.

CONS

Given the cloud based nature of the product, it tends to time out after 3-5 minutes of inactivity for security reasons, which is incredibly annoying when there is a requirement to re-login. However it does resume your session where it was left of.As frustrating as it is, its also understandable why it is in place.

Marianne

Higher Education, 501-1,000 employees

Used daily for less than 6 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

3

VALUE FOR MONEY

5

FUNCTIONALITY

5

Reviewed December 2021

new user

we are only just starting implementation so too early to say

PROS

additional functionality to current system and ease of use for home / remote site working

CONS

none as yet as not yet using system. hopefully there will not be anything major

Reasons for switching to Advanced Financials

better system