Unanet – Resource Management, Project Accounting and Financial Software

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.

Highly Recommended for Architectural Firm and contractor

Pros

I like Most of this product feature are Role-based for security – administrator, user, manager, project manager, financial roles, and customer

Cons

A published data model for external report writers feature would be more flexible and improve customer support

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 is a great software package if you are looking for something which charges a low rate on a "per seat" basis. however, as your company grows this expense could become too high for the quality of product you are getting. Project setup features can be on the time consuming side for an inexperienced user.

Pros

Reports can be extracted easily to CSV and accounting features are simple and do not require many steps to complete

Cons

Not much room for custom reports, significant training is required for onboarding new staff to use product, and product guides on website only offer the bare minimum of guidance. Custom instruction books may be required for company staff training

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.

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.

Pros

-Easy to use from an administrator side, has really helped with our project accounting and financials every month.
-Customizable reporting is fantastic.

Cons

-Not the most user friendly from an employee's perspective. Interface and everything is not intuitive.

This is very good product and was helpful to me. Initially it was little difficult to get user-friendly, but eventually, i got used to it.

Pros

I really like the features and functionality.

Cons

a little bit hard to get used to it as I found not so user-friendly initially.

We wanted to replace a home grown system for time and expense reporting and billing processes. We use QB for our accounting and financials. We were looking for more controls, better reporting, more automation, and better accountability from all levels. We started our implementation about October 2016 and went live 1/1/2017. Unanet will help us in each of the areas named, but the system is not as well designed for our needs as we had hoped. We've found a few pitfalls, but Unanet is trying to help us resolve some of them. Others are changes they have planned for future editions. Problem is, I need them now.

Pros

It's easy for my consultants to use.They like the portability of a cloud based system, and they like the security. I like that it requires people to be accountable when you set up the approval trails. Service line managers have better control over who is working on what, so they can better manage budgets, staff, and delivery schedules. We've just started looking at the reporting features (which is why the overall rating is 4 stars) and it looks like we are going to get a lot of information a lot quicker. That will save a ton of time.

Cons

The system isn't really designed for a consulting firm like ours. We have a couple thousand active projects and some of my consultants ended up with hundreds of projects on their available list. We weren't able to label our projects exactly how we wanted to. We made some consessions that we didn't want to make during the set up process. We have some concerns about how the information from Unanet is going to play with QB but we're just starting that process.

We use Unanet for time and records keeping while at the same time using it for our Resource Management tool on the Consulting side. It took awhile for the main users and admins to get ramped up. Some of us attended training and were still left with questions at the end.

Pros

A lot of out of the box functionality which is good on the wallet
Plenty of built-in reports so the need to customize is lessened.

Cons

Ease of use is lacking. Even with training, our admins have a tough time navigating
Admin settings are tough -- you either get full access or limited. No in betweens.

Advice to Others

Get a free trial before you buy or a really interactive demo to see if it can do what you need it to do exactly. Make good friends with your sales rep/customer service rep so you get quick and dedicated responses.

We have had a great experience with the implementation of Unanet at our company. We previously only used Unanet for time keeping purposes, and then purchased their financial reporting software in 2015. Unanet Customer Support was very helpful in the implementation of the software and made it an easy transition. We are able to store all of our financial reporting in one system, and it is easily accessible.

Pros

I really like how financial transactions flow through the system, and help us save time in financial management. It is easy to record a transaction and see the impacts through the system.

Cons

In relation to my "pro," if a financial transaction does not easily fit into the software, or it's considered more of a "one-off" transaction, it can be difficult to account for these one-off items.

Easy to navigate and keep up with projects in real time

Unanet offers remarkable reporting with an extensive variety of point by point and rundown reports accessible including graphical dashboards, earned esteem, and venture costing to see genuine venture costs.

Pros

Giod methodolgy

Advice to Others

Go fo it

The ease of use is the stand out aspect of this product. I would recommend it.

I like the UI screen which is less cluttered and more organized unlike Microsoft Project Management Tool.
It also helps you think aloud before exploring options.

Pros

I like its simple yet effective UI

Cons

I still want to improve the macros a bit more..!!

Advice to Others

Please consider using this when you fast and effective results..!!

Likes Best

Unanet project tracking is easy to update - can upload data from excel and also export to excel.
So many reports help me manage projects. I created my own - detail of client time charging to use when I need to document what I've done on a project over time. Also created one that shows charging with monthly totals so they can see the level of support. Have also used Unanet reporting to pass DCAA audits with a client.

Likes Least

would like to see them continue to expand in their markets so they can keep growing an engaged customer base

Recommendations

Take a look at all your options - do you need to integrate with other products or are you ready for Unanet financials which is complete integrated. Consider the size of your organization and plans for growth. Implementation costs must be part of the decision process but the greatest long term cost is making sure that your organization is fully trained and gets ongoing training to keep moving up to the next level - so many companies don't set aside the training $ that help them get the multiplier value from these tools.

Likes Best

Project Portfolio is fast, highly configurable, and easy to use. Having tried several systems in my previous $130M company, I chose Unanet Project Portfolio for our PMO. We supported over 1,000 projects per year providing real-time project management & reporting, linked to our Deltek CostPoint accounting system. It revolutionized our effectiveness and dramatically improved cost visibility and profitability, while cutting PM management time. Great product!

Likes Least

The vendor is awesome... but I wish they had a mobile app for time & expense entries via mobile devices. Since it's web-based you can use your mobile device, but it requires more effort than it should.

Recommendations

You can't go wrong with thus product. I even use it in my current 4-person startup company.

Likes Best

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!

Likes Least

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.

Recommendations

This productive provides the Cadillac of accounting systems at a price that is cost effective for start-ups and large companies.

Likes Best

There are some really great resources to help use it in the most effective way possible.

Likes Least

I can't say that I really have any complaints about this particular vendor.

Recommendations

Take advantage of the free trials. If the software doesn't feel right, try something else until you find one that seems promising.

Likes Best

I like the reporting capabilities, the customized user dashboards, and the "Alerts" feature. Now each employee knows what projects they are to work on and where their project stands in term of hours used. We use the Alerts to let a project team know when a certain amount of time has been used on a project (50%, 75% and 90%). This lets the team and sales discuss the progress in a timely manner. We have noticed that some projects are delivered on time, and in other cases, we are able to stay on top of out-of-scope opportunities just by talking about the project status when the alerts are received.

This is making everyone more accountable for what they do, and the overall business more profitable. It's perfect!

Likes Least

The utility that is used for actual tracking of time. You need some kind of start and stop feature so that you know how long you have worked on a certain project. It would help a lot when working on multiple projects in one day, for instance.

Recommendations

We looked at a lot of different products and settled on Unanet for 2 reasons:

1. The support sales provided and their willingness to listen to our needs and set up a comparable demo for testing the system, and:

2. Because they offer an on-premise hosted solution, which is a must have for my business.