Denali Business Review - why 4.1 stars?

Denali Business Review
ITQlick Score: 93/100
ITQlick Rating:
(4.1/5)
Pricing: 2.6/10 - low cost
Category: Accounting & Finance -> Denali Business review
Ranking:Ranked 1 out of 419 Accounting & Finance systems
Company: Cougar Mountain Software
Pricing: starts at $1,999 per license
Typical customers: Small businesses and start ups
Platforms: Desktop, Cloud
Links: Denali Business pricing, Denali Business alternatives
Shlomi LaviShlomi Lavi / updated: Mar 10, 2022

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What is Denali Business?

Denali Business is an accounting software solution that enables bookkeeping and accounting for small-scale and medium-scale businesses with its advanced accounting and reporting features. The software offers a host of features, some of which are discussed below:
  • Modules: A variety of accounting modules suited to different purposes is available for users of the Denali Business software. Accountants can use the General Ledger module, Accounts Payable and Account Receivable modules, Purchase Order module, Inventory module, and more.
  • Crystal Reports: Businesses can access analytical reports from a wide range of data sources by integrating Denali Business and Crystal Reports.
  • Audit Trail: Stakeholders (business owners, consumers, and auditors) can access documentation of all financial transactions for easy authentication and verification of the financial statement.
  • Multi-location Inventory (MLI): For businesses with stores in different locations, the inventory manager on Denali Business helps manage data and stock across multiple store locations.
  • Aatrix Tax Forms: Using this third-party integration, businesses can complete all W-2/1099 filings, store in cloud, and access these documents from any part of the world.
Cougar Mountain Software offers Denali Business software. The company was founded in 1982 and has its headquarters in Boise, Idaho. Cougar Mountain Software has between 11–50 employees, business, accounting, and tech experts. The company has an A+ rating from the Better Business Bureau.

Who is it best for?

CBA is a cross-industry product which has been developed with the SME market in mind. It is primarily focused on accounting teams for management of financial operations, as well as Finance Managers and Chief Financial Officers to monitor the financial position of their organization.

The software is best for businesses who want a robust solution that meets accounting standards, but is cost effective for a small business setting. Specifically CBA addresses the key concerns in an SME by seeking to save time on transaction processing, save money by efficient management of resources and cash, allow scalability to grow with the business needs, and finally ensuring security with strong internal controls for protection of key financial data.

In over 30 years of operations CBA has built a large customer base and these include Broomfield Sheet Metal, Compton Air Conditioning and Heating, Ernies Tools, Ewart-Ohlson, GIS Incorporated and Riggs & Ingram.

Main features and functionalities

CBA includes all the basic features a company would need in a strong accounting solution. It is designed with the small business in mind to save time and money. This is achieved through its structure as a modular solution so that you can pick and choose which module is right for your business requirement, with the option to add modules while you grow.

This means lower investment and better allocation of resources for cost-effective operations.

Additionally CBA has strong financial reporting options which include custom report design and real-time dashboards for financial status review. There is an inbuilt Audit Trail for detailed transaction analysis to guard against possible fraud, as well as secure access levels to ensure the integrity of financial data. CBA also provides integrated POS, Bar Coding and Payroll solutions based on the customers requirements.

Finally with both on-premise and cloud solutions available CBA can implement a suitable option based on the business needs.

What is the actual cost?

The cost of license starts at $1,999 per license. ITQlick pricing score is 2.6 out of 10 (10 is most expensive). Access ITQlick pricing guide for Denali Business.

Pros

  • The regular updates on Denali Business by Cougar Mountain Software are helpful
  • Customer Support is responsive, reliable, and always ready to assist
  • The inventory control feature works perfectly
  • Dashboards for easily tracking cash flow, profit and loss as well as various financial indicators are available in Cougar Business Accounting
  • eCommerce integration for tracking online sales and inventory is part of the product offering

Cons

  • The payroll system on Denali Business is sometimes in need of bug fixes
  • User experience is sometimes disappointing
  • It does not have an API available for easy integration
  • There is no free trial of the product offered at this time.
  • Cougar Business Accounting does not support advanced analytics and Business Intelligence

How it stacks up?

Access a head to head analysis of Denali Business vs alternative software solutions.
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Frequently Asked Questions (FAQs)

Is it the best Accounting & Finance system?

Denali Business is ranked 1 out of 419 software in their category (Accounting & Finance systems).

How they are rated on ITQlick?

The rating of Denali Business is 4.1 stars out of 5 and the total score is 93 out of 100. The rating score is based on our unbiased data-based algo. Learn more - rating methodology page.

Is it an easy to use Software?

Yes, Denali Business makes it fairly easy to use. This product is user friendly and intuitive.

Is it cloud-based?

Yes, they offer cloud based hosting, which means IT resources are retrieved through web-based tools and applications and you don't need to buy servers and additional hardware equipment.

Can it be used on mobile?

No, currently Denali Business can't be accessed on mobile, you would need to access it from your computer.

What should we ask during a demo session?

Differences between Denali Business and alternatives?

The most popular alternatives to Denali Business in 2022: MoneyDesktop, MultiCHAX, Intuit GoPayment, Alight Planning Enterprise, Logisuite Financials. Access the complete competitors analysis here - Denali Business VS Accounting & Finance Software alternatives.

Is Denali Business right for you or your business?

Denali Business is a comprehensive accounting solution for small and midsize businesses. Accounting experts use the software, accounting teams of businesses, and financial service providers in various niches like construction, hospitality, healthcare, nonprofit, etc. Over 20,000 brands and businesses use the Denali Business software.

List of categories

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

List of features

Accounts Payable
Audit Trail
Sales Reporting
Inventory Optimization

Author - Shlomi Lavi

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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.