Accufund Accounting Suite Review - why 4.2 stars?

Accufund Accounting Suite Review
ITQlick Score: 80/100
ITQlick Rating: (4.2/5)
Pricing: 4/10 - average cost
Category: Medical -> Accufund Accounting Suite
Ranking:Ranked 187 out of 638 Medical systems
Company: AccuFund Inc.
Pricing: starts at $2,995 per license
Typical customers: Small, medium and large size businesses
Platforms: Desktop, Mobile, Cloud
Links: Accufund Accounting Suite pricing, Accufund Accounting Suite alternatives

Shlomi LaviShlomi Lavi / updated: Sep 29, 2020

We publish unbiased reviews, our opinions are our own and are not influenced by payments from advertisers. Learn more in our advertiser disclosure.

What is Accufund Accounting Suite?

Accufund accounting suite is both a cloud-based and an on-premise solution that is developed to work in medium-sized businesses and large-sized enterprises. The software help enterprises that require a specialized payroll and financial reporting such as municipal government and other agencies.

Accufund accounting software system contains a general journal that makes it easy to customize dashboards, manage cash receipts and reconcile bank accounts easily. The primary features of Accufund include inventory management, fixed asset management, inventory management, budgeting, and forecasting.

AccuFund is the organization that develops and distributes AccuFund accounting solution. It was founded in 2001 and is located in the United States.

What is Accufund Accounting Suite rating? ()

The rating of Accufund Accounting Suite is 4.2 stars out of 5 and the total score is 80 out of 100. The ratings are based on our unbiased experts. Learn more in our rating methodology page

Who are Accufund Accounting Suite's typical customers?

AccuFund Accounting Suite is generally designed to serve government organization and nonprofits. These are organizations that get funding from various sources and would need to keep track of all financial activities. However, with the various applications that have been incorporated, other types of businesses can also find this program to be of great use. The program offers flexible reporting and a consolidated accounting functionality that can help any business of whatever size.

Is Accufund Accounting Suite the best Medical?

Accufund Accounting Suite is ranked 187 out of 638 software in their category (Medical systems).

What are their main features and functionalities?

AccuFund Accounting Suite will be able to help your business in so many different ways. Some of the key features that can benefit your business include General Ledger, bank reconciliation, cash receipts, accounts payables and receivables, financial reporting and document storage among others. There is also an option that allows users to customize some features such that the modules will fit in specific needs of a particular business. You will also be in a position to easily link AccuFund Accounting Suite with your Excel files and import or export data.

What are Accufund Accounting Suite's pros? (5 Pros)

  • The software is easily customizable to fit users needs
  • AccuFund Accounting Suite is available as an SaaS version as well as on-premise which allows users to choose the suitable option.
  • AccuFund is cheap and affordable
  • The software is easy to use and user-friendly
  • AccuFund Accounting Suite offers consolidated accounting and solid reporting features.

What are Accufund Accounting Suite's cons? (2 cons)

  • The software is not highly flexible especially in collecting errors
  • The software cannot be integrated easily with other apps

Who are their main alternatives?

The two main competitors for AccuFund are Fundwave and Macpractice Unlike Accfund which is both a cloud-based and on-premise accounting software, fundwave is only a cloud-based solution. Fundwave is built to work perfectly in all sized enterprises such as venture capital funds and private equity enterprises.

Some features of fundwave include, account payables and activity tracking while those of Accufund include budgeting and inventory management. Online reviews show that Accufund has ratings of 4.0 while fundwave has ratings of 3.9. Macpractice is an on-premise software, unlike Accufund which is both an on-premise and cloud-based accounting solution.

Macpractice is developed to fit perfectly in medium-sized and large-sized practices in the medical field. Some features of Macpractice include time tracking and appointment scheduling while those of Accfund include inventory management and forecasting. Online reviews show that Accufund has ratings of 4.0 while Macpractice has ratings of 3.7.

What is the cost of Accufund Accounting Suite?

The cost of license starts at $2,995 per license. On top of the total cost of licenses which is easy to calculate - what is the REAL total cost of implementation? You need to add the cost of training, customization, data migration, and other "hidden cost". ITQlick pricing score is 4 out of 10 (10 is most expensive). Find here the REAL total cost breakdown for Accufund Accounting Suite

What should you ask AccuFund Inc. during a demo session? (65 questions)

Schedule a demo with Accufund Accounting Suite and access 65 must ask questions for the vendor while watching Accufund Accounting Suite in action. Visit the vendor's website here.

Is it the right software for you?

AccuFund accounting suite is built to fit perfectly in medium-sized businesses and large-sized enterprises across all fields. The software performs well in government and non-governmental agencies to make financial management and reporting easy. It can also be used for enterprises that require special billing for their taxes and utilities.

Accufund Accounting Suite's list of categories:

Fixed Asset Management
Recurring Billing
Billing & Invoicing
Budgeting & CPM
Core Accounting
Financial reporting
Fixed Asset Accounting
Fund Accounting
HR Accounting
Payroll Accounting
Project Accounting
Accounting Practice Management

Accufund Accounting Suite's list of features:

Accounts Payable
Accounts Receivable
Audit Trail
Billing & Invoicing
Budgeting & Forecasting
Cash Flow
Check Printing
Depreciation
Fixed-Assets
Fund-Accounting
General-Ledger
P&L Statement
Purchase Orders
Sales Reporting
Tax compliance

Accufund Accounting Suite Vs. Alternatives

ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score ITQlick Score is a 1 to 100 score, based on pricing, and functionality Vs. alternative solutions
Pricing pricing Score is a 1 to 10 score, based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality
Review
Compare
Accufund
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
80/100
Pricing Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
4/10
License pricing license pricing (if provided by the software vendor)
$2,995 per license
Functionality
37
Compare
NextGen
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
99/100
Pricing Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
2/10
License pricing license pricing (if provided by the software vendor)
$549 per provider/month
Functionality
20
Practice
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
99/100
Pricing Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
2.6/10
License pricing license pricing (if provided by the software vendor)
$149 per provider/month
Functionality
41
WebPT
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
98/100
Pricing Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
4/10
License pricing license pricing (if provided by the software vendor)
$3 per provider
Functionality
30
Review
AdvancedMD
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
97/100
Pricing Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
3/10
License pricing license pricing (if provided by the software vendor)
$729 per provider
Functionality
14
Author
Shlomi Lavi - admin

Shlomi Lavi

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Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.