It is complicated and it is difficult for users to adjust the depreciation rates or add anything to it.

The reports are somewhat difficult to customize and we had trouble getting them to be in a format that we wanted.

One is able to record, calculate depreciation, calculate gain or loss on disposal and asset and track all fixed assets owned by a company.

For a smaller business, this software would be superb.

The training and customer service is excellent. I think this is a fantastic choice for fixed assets software.

Not every program provides the granular level of control Bloomberg does. If only their pricing model wasn't so punitive and they supported external reporting tools, it would be outstanding.

By using easy to understand asset types you can quickly populate all of your books (GAAP, Fed, AMT, etc) because lives and methods are programmed automatically by type.

After we accomplished the transfer and customized the system to our specific use, one thing I would say that is extremely helpful is the ability to search within each field.

I like how easy it is to set up an asset and the asset wizard.

Consolidated reporting is very poor. We need consolidated reporting similar to the desktop for our Tax Accountants.

The base crystal reporting is hard to use and also only allows you to report on one book at a time.

This becomes a problem because BNA charges you based on the number of assets, and the price escalates very quickly.

The software is easy to use but more importantly, it is flexible.

You get great efficiency and simply your tax reporting. If you have unusual assets you can also modify each book separately after you populate the asset type, so you retain flexibility when needed.

We've been able to track our fixed assets with ease. The rare times we've had a question, the BNA helpdesk has been friendly and responsive.

The only bad experience I have had was with your customer service team.

The ability to manage multiple companies in a single web application is great, as is the ability to manage multiple capital projects and convert compelted projects into assets.

I like the ease of inputting new assets. You can simply use the tab key to move from field to field and get assets entered quickly.

In general, this works about as well and is as user friendly as you can expect from something as complicated as a fixed asset tool. We are, in general, very happy with this product.

The primary complaint thus far is the font size used in reports.

The price model is unfair to companies with a large number of assets but few transactions. The reporting is basic and prone to error.

Asset Viewer  ability to go to next asset without exiting asset viewer. Assets View  add more headers  be able to scroll over (left and right).

It kept track of all of our fixed assets in one place.

Easy to navigate, the terms are not written in to high a level for broad access in the organization.

I like that it is user friendly, drag and drop feature makes it easy to run ad hoc reports. Love the line item detail and notes feature in the templates.

Great experience for me. We have a dedicated business systems resource on our team who helps a lot.

The ability to integrate reports directly with system data pulls is a very nice feature that can help reduce the complexity of workbooks.

I like the functionality of the program and ease of use.

It makes month end easier. Great customer service team always there when help is needed.

Collaboration can also be difficult, as the individual models are fragile and must be updated online.

It can be difficult to set up a report template. Once set it is good and there are no worries.

Upload of transactional data allows for greater degree of self-service research of budget variances on the part of budget owners.

The interface is pretty dated. I also mainly use chrome as my browser and there seems to be a lag time when scrolling in a template which is a bit of a pain.

I like being able to quickly and easily navigate to what I need. I like the user interface and options given upon login.

Host Analytics has greatly improved our team's capability to quickly consolidate & close each month.

Getting benefits in terms of financial analysis and setting up consistent reporting standards.

I dont like that to complete certificaiton, all users have to attend real life class.

I originally got into Host for budgeting and it has been great for that, but I have found it great for many other things. I also love the way it can grow with me.

It can be difficult to set up a report template. Not all the modules have the same reporting tools.

Good planning tool that integrates well with excel.

Customer service is second to none. In my 30+ years in planning and analysis, I have never found a team so dedicated to ensuring their customer's success.

I was never able to go live. Never got any value out of it and they made me pay for 2 years.

It's extremely user friendly, easy to use, and allows our team to quickly consolidate, close and provide detailed financial reports each month.

The inability to do calculations in the report without creating a new template. Also as we are on Macs the inability to use spotlight in Mac Excel.

The planning tool helped us standardize our budgeting process and we're very impressed with the workforce planning module that helped us easily managing our headcount and compensation estimate.

We love the ease and flexibility of the tool. The monthly releases mean that the product is constantly making improvements.

A data pull is not immediate and can cause some frustration if data is not pulled 100% accurately the first time.

Our planning process runs more smoothly and efficiently again with less errors. We are able to consolidate our plans quicker.

OVerall is a great tool for the ease of standardizing and managing  our reports.

US Dollar

Bloomberg Tax & Accounting Fixed Assets software is a cloud-based solution that helps companies manage the entire lifecycle of their fixed assets, from construction and purchase through retirement. Primary features include fixed asset management, inventory management, and compliance.

Processes are automated, compliance with frequently changing tax and GAAP regulations are automatically
enforced, management is streamlined, and comprehensive reporting delivers the insight you
need to make informed management decisions.

With Bloomberg Tax & Accounting Fixed Assets software, you can:

• Streamline and optimize your fixed
assets management
• Be confident that your depreciation calculations
are accurate with our built-in expertise
• Dramatically shorten closing times
• Effortlessly be up to date on all relevant federal
and state tax law changes
• Respond to change faster and have more time
for strategic activities



LongDescription

Status Tracking

Asset Accounting

Customizable Reports

Disposal Management

Data Import/Export

Audit Trail

Fixed Asset Management

Inventory Tracking

Depreciation Management

Compliance Management

Historical Reporting

Role-Based Permissions

Asset Tracking

Alerts/Notifications

Audit Management

Asset Lifecycle Management

Third-Party Integrations

Document Management

Multi-Currency

Tax Management

Tax Calculation

Workflow Management

Tax Compliance

Web browser (OS agnostic)

Windows 10

Contact Bloomberg Tax & Accounting for pricing information or a quote.

Email/Help Desk

FAQs/Forum

Knowledge Base

Phone Support

Chat

2-10

11-50

51-200

201-500

501-1000

1000+

Bloomberg Tax Fixed Assets

In Person

Live Online

Webinars

Documentation

Videos

Planful is the pioneer of end-to-end financial close, consolidation, and financial planning & analysis (FP&A) cloud software. The Planful platform is used by the Office of the CFO around the globe to streamline business-wide planning, budgeting, consolidations, reporting, and visual analytics. More than 1,000 customers, including Boston Red Sox, Del Monte, TGI Friday’s, and 23andMe, rely on Planful to accelerate cycle times, increase productivity, and improve accuracy across the end-to-end FP&A process. Planful is a private company backed by Vector Capital, a leading global private equity firm. 

Bloomberg Tax Fixed Assets vs Planful

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