GMS Accounting - Top Competitors (Mar 2022)
Compare PricingITQlick Score: | 76/100 |
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ITQlick Rating: |
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Pricing: | 5/10 - average cost |
Category: | Accounting & Finance -> GMS Accounting review -> GMS Accounting competitors |
Ranking: | Ranked 127 out of 419 Accounting & Finance systems |
Company: | Grants Management Systems (GMS) |
Typical customers: | Small, medium and large size businesses |
Platforms: | Desktop |
Links: | GMS Accounting review, GMS Accounting pricing guide |
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GMS Accounting vs. Alternatives in 2024
The major competitors for GMS Accounting are Fund E-Z Nonprofit Accounting Software and AccuFund Nonprofit Accounting Software.Fund E-Z Nonprofit Accounting Software provides a fund accounting solution for nonprofit organizations. Its features include core accounting such as general ledger, receivables and payables, reconciliation, as well as budgeting. Other options include support for sales & purchasing, allocations and financial auditing, with facilities to integrate with payroll services as well. Fund E-Z also has a module to manage fundraising activities which can be easily integrated with the accounting software, and the solution is currently available as an on premise solution.
GMS Accounting on the other hand also handles financial management for nonprofits like Fund E-Z, but unlike it has no option to manage fundraising activities. While it includes the same core accounting features, it also has options to handle fixed assets, time & expense management, as well as loans & grants. The product also supports limited customization of the software to meet specific financial process needs.
Then there is AccuFund Nonprofit Accounting Software which offers both mobility solutions and a cloud based delivery model. It can handle a variety of payment processing methods including online and via mobiles, as well as periodic based donations. Additionally there are features to handle tax & financial reporting requirements with options to electronically file tax returns directly with the appropriate authorities.
While GMS Accounting can handle most of these features, it does not support tax compliance at the current time. However it can be deployed as both an on premise as well as hosted solution.
GMS Accounting alternatives - for small & large Business
Here are the top 4 alternatives to GMS Accounting that are worth checking out: Denali Business for SMBs, MultiCHAX for large size business, Aplos Fund Accounting for growing companies, and BQE Core for low budget organizations.
Auditor - Shlomi Lavi
Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.