Essential capability for government contractors. Unanet has been key to our success.

Pros

Integration. Unanet combines time/expense, project management, billing, and financials all in one system. No import/export of data between systems. When an employee logs time or expenses, the cost automatically rolls into your billing, accounting, and project management functions.

DCAA Compliance. Calculates indirect rates and applies to billing. Enforces DCAA timesheet rules and JTR travel rules. Using this software enabled us to consistently get invoices approved by DCAA in less than 5 days, and got our incurred cost proposal accepted without an audit as "low risk."

Report and Invoice Formats. Very customizable in all aspects. I'm told they are much more flexible than competing systems.

Two months after we implemented Unanet, we received our first CPFF contract as a small business. If we did not have Unanet, we would have hired at least one more overhead person, and probably several more. Unanet has been a key factor in our business success.

Cons

Learning Curve. With power comes complexity. Unanet is no exception. Rollout was difficult, and there were a lot of setup decisions to be made without a full understanding of the functionality implications. We got the budget version of rollout services; I don't recommend that.

Flexibility. Unanet can be too customizable at times. Sometimes I wished they would just say "here is the way to do this" instead of giving so many choices for how to implement some functions.

Accounts Payable. Less than fully developed Vendor Invoice reporting, especially lack of ability to link to projects at invoice level. Costs incurred via invoice also do not appear in T&E reports, and now way to budget and control vendor costs.

A great innovative product that is much more than your average project accounting system

Pros

Unanet is a true ERP system that can be used to combine several business units into one. Most project accounting systems are typically only used by accounting departments. However, unlike most systems, Unanet is built to allow access to just about every department in an organization with its role based capabilities. I like the fact that every person in the company is given the capability to create and save their own reports in addition to having personalized dashboards to satisfy specific business needs. The system is only as good as the data it is being fed. That being said, in order to optimize the system's value, its essential that the entire organization buys into the system and utilizes it like a true ERP system.

Cons

Unanet has very strong project accounting reports to manage projects efficiently. However, I would like to see a bit more from the financial side of the system. For example the system does not have a cash flow statement which is essential for most organizations. That being said, I am impressed with the current financials in place as it was just introduced 2015. I believe in a few years the system will be nearly perfect for any organization as in continues to innovate its capabilities.

Unanet is a great product!

Pros

Our experience with Unanet has been excellent. We are using it to support a DCAA auditable accounting and financial practice and it is working quite well. Its flexibility as to the setup and configuration at the user interface level is outstanding. It truly allows us to create our company policies and procedures and tailor Unanet to those and not vice versa.

It is a lightweight interface that is intuitive and well designed. It includes the ability to configure user roles for everyone from a basic timesheet or expense user to a Controller or CFO that oversees the entire financial operation of the business. We have especially enjoyed its ability to export financial data to CSV files, be able to manipulate those exports, and import them into payroll systems, accounting systems, and more.

Moreover, it is scalable and cost-effective. It allows you to setup an operation for a startup company and scale it accordingly, including costs, as you grow. It is a 100% tailorable and lightweight ERP. It can implement as little or as much rigor as you desire into your finance and accounting operations. We are excited to further understand and eventually implement Unanet financial as it seems to be on a strong trajectory in its early stages.

It is a great product that we highly recommend!

Cons

I haven't found any issues with Unanet that haven't been resolved and/or I can configure it to support for me. It is an incredibly tailorable and well thought out software product.

Unanet is an innovative tool that looks like the future of financial softwares

Unanet is an amazingly powerful software that is way ahead of its competitors in its user-friendliness and its intuitiveness.

Pros

Unanet is an excellent project accounting and financial tools. It is incredibly easy to use and its inherent intuitiveness make this is an extremely powerful tool. It even comes up with cell phone app and can be navigated from virtually anyplace. It seems like Unanet is a more advanced, technological and user-friendly version of its competitors like CostPoint and GCS Premeir.

Cons

Unanet is such a powerful financial tool that there is very little not to like about it. However, still like all softwares, it has its shortcomings and one of the major shortcomings it has is its ability to accommodate complex project setup structures that roll up and consolidate into a higher level. This makes project setups in Unanet very different and challenging and it also greatly affects corporate financial reporting.

Unanet Project Module Review

Overall Unanet operates more like a modern day application than a traditional accounting software. With its great user friendliness and flexibility, the software seems set to keep increasing in popularity.

Pros

The Unanet Project Module is an extremely user-friendly module that redefine the meaning of intuitiveness in regards to the project setups and structure. Anyone with little to no background can pick up this module and start setting up projects and running reports. The module is organized in a neat format and the speed through which changes can be saved and projects updated add great value to the customer

Cons

The Unanet Project Module while having some great features lacks a 'roll up' feature the likes of which are found in competitor software like CostPoint. Due to this lack of functionality, the reports can often not run on Level 1 of a project since the projects below do not roll up under a parent project.

DCAA Compliance with outstanding reporting for Program Managers (PM)

Unanet makes it easy for employees to complete their timesheets, allows notes and includes the audit trail requirements for DCAA Compliance. But what I like best is the way it supports Program Managers, who can get REAL TIME reporting from a huge number of reports and charts. You can also set budget hours at employee level or task level, preventing overruns and labor transfers.

Pros

Easy to import and export - plays well with multiple systems and they've done a great job of keeping it open. Excellent charts and reports for Program Managers (PMs), as well as people in accounting who are doing billing, project reporting, and financials.

Cons

Sometimes I am not sure of the sequence of steps and have to look it up, but it's all well documented in their online knowledge center with many examples, not just the old "a targeted rate is a planned rate."

Unanet is a fantastic ERP for project based organizations

Unanet is a great value for the money and I would recommend it to any organization who has project based reporting and accounting.

Pros

Unanet is a fantastic ERP system for project managers. You have instant access to burn rates, project team hours, labor category and cost rate information. Project Managers can track progress, budget, and project profitability in real-time. It has made reporting financial and project information more streamlined, faster, and more accurate to customer and senior management. Also, because it is web-based and accessible anywhere timesheets, expense reports, and approvals can be done from anywhere.

Cons

None, the Unanet team is constantly working with their customers to enhance the product, add new features, and streamline the process.

Became a Unanet user in 2015, and am still loving it as a total project based accounting solution!

Unanet's ease of use and flexibility has allowed me to be much more productive and timely in delivering reports, processing monthly billings, accounting reviews, month end close, and many more activities!

Pros

Unanet is extremely user friendly! My favorite aspect is the ability to review project performance data in real-time. This functionality makes it easy to provide our customers with data they need to determine project funding, spend plans, run-out dates, and so much more. In my career, I have used several project accounting systems, and Unanet outshines them all in terms of ease-of-use, flexibility, and customer support!

Cons

My one drawback is the absence of purchasing functionality, however, since Unanet is rolling that out soon, I really will not have any "cons" to speak of!

Unanet - Best solution for real time data in one system

Real-time data in one location and accessible by any user we give access!

Pros

Unanet as a company has set the bar on customer service and support. The Unanet product itself is a user friendly solution housing one data base for all your project and financial data. Reporting is real-time and with very powerful report criteria selection allowing you to report on any data you can imagine. Importing and exporting data in Unanet is a breeze and supports many file platforms.

Cons

The current application doe not contain a purchase order/commitment tracking module. However, Unanet is working on this solution. Unanet also doesn't have a cash flow statement in their financial module, but I'm sure with a minor investment in time, I could create a format within Excel and export the data from Unanet as needed

DCAA / EVM compliant timekeeping and project management system

Unanet is good for both small and large companies and provides a single repository for all timekeeping, project, planning and personnel data with robust reporting. The integration of multiple platforms (time, project) is well executed and allows companies to see what is happening at the project/task level in real time. Expense reporting that meeting federal government travel regulations and granular permissions to ensure that users only apply expenses to those projects for which they have been assigned This is a strong product as it combines both the compliance (DCAA, EVM, JTR) and ensures that timekeeping, expenses and project reporting are accurate. It allows the delegation of responsbilities for cost rate, bill rate and project managment increase productivity and visibility.

Pros

Extremely strong timekeeping capabilities down the the task level
Granular permissions for all levels of the organization
Excellent reporting structure on all aspects of personnel and projects
Easily customizable export features
Ability to easily import data for people, projects, etc
Robust integration from timekeeping, planning, projects and tasks
Cost Effective solution with "pay as you go" model
Availability and uptime near 100% (hosted)
Excellent customer support (including complex reporting, exports, etc)
The abililty to "slice and dice" data to meeting government, commercial and internal reporting requirements
Ability to add cost structures based on company actuals (DCAA-G&A, Overhead and Fringe)
Robust expense reporting eliminating "paper expense reports"

Cons

Not able to export reports (need to cut and paste)
Tech support should provide a "tiered" pricing structure (currently one rate for all support)

Highly Recommend Unanet

We are able to accurately track project time and expenses, gather information on all our vendors and independent contractors, and report on our financial progress.

Pros

The efficiency with which you can manage projects, personnel profiles, vendors, and accounting information within one system; the ability to maintain information and generate reports (in many different ways).

Cons

After upgrading versions, there are some flaws in how the paid time off reflects and minor issues in downloading some reports, but otherwise, not much we dislike.