Fusion Accounts Review - why 4.5 stars?

Fusion Accounts Review
ITQlick Score: 90/100
ITQlick Rating:
(4.5/5)
Pricing: 6/10 - average cost
Category: Core Accounting -> Fusion Accounts review
Ranking:Ranked 13 out of 137 Core Accounting systems
Company: Stiona
Pricing: starts at $14.95 per user/month
Typical customers: Small, medium and large size businesses
Platforms: Desktop, Cloud
Links: Fusion Accounts pricing, Fusion Accounts alternatives
Shlomi LaviShlomi Lavi / updated: Mar 02, 2022

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What is Fusion Accounts?

Fusion Accounts is a cloud-based core accounting software designed to provide business owners, bookkeepers, and accountants with real-time access to financial data. The software comes with features such as:
  • Financials: This feature comes with sub-features such as bank reconciliation, bank transfers, nominal/general ledger, management reporting, drillable reporting, trial balance, profit & loss, and balance sheet.
  • Anytime, Anywhere Access: End-users can get instant visibility of their financial position. They also can access their accounts and perform transactions from any location. They can also receive real-time, pro-active advice from your accountant/bookkeeper.
  • Business management: This feature enables fleet managers to keep track of all their products/services, basic stock control, record general & customer receipts, record general & supplier payments, and run reports on their sales and products.
  • Multi-User Access: With this feature, multiple users can access Fusion simultaneously ensuring the right person to do the right job. Each user can set specific user roles.
  • Customers & Suppliers Management: End-users can locate contact details quickly, see who owes them money and when it is due (Aged Debtors). They can also see who they owe money to and when it is to be paid (Aged Creditors). They can also generate professional quotations and invoices, create credit notes, and run reports on their customers and suppliers.
Fusion Accounts is a core accounting software that started in 2004. The company is headquartered in Belfast, County Antrim, Northern Ireland. The company has a workforce of up to 50 employees.

Who is it best for?

The typical customers include the following business size: Small, medium and large size businesses.

What is the actual cost?

Fusion Accounts offers three license pricing options; Standard, Foreign Trader, and Professional. The Standard plan starts at £14.95 per month. Foreign Trader starts at £19.95 per month. Professional start at £29.95 per month.

The Standard plan comes with features such as Email Support, Unlimited Transactions, Free feature updates, Automatic Backups, Anytime, Anywhere Access, Multi-User Access, Unlimited Invoicing, Unlimited Bank Reconciliation, etc. Foreign Trader comes with everything in Standard with an addition of the Multi-Currency feature. Professional comes with everything in Foreign Trader with an addition of the Sales and purchase order processing with a stock feature.

ITQlick pricing score is 6 out of 10 (10 is most expensive). Access ITQlick pricing guide for Fusion Accounts. You can also find here pricing information from Fusion Accounts's website.

Pros

  • Fusion Accounts offers a quick and easy setup and initialization
  • The software offers dual currency processing
  • The software offers an excel export option at almost every step along the Fusion path

Cons

  • Limited support channels
  • Limited number of integrations

How it stacks up?

Access a head to head analysis of Fusion Accounts vs alternative software solutions.
ITQlick rating
Score
Pricing
License pricing
Functionality
Review
Compare
Fusion A...
ITQlick rating
4.5/5
Score
90/100
Pricing
6/10
License pricing
$14.95 per user/month
Functionality
7
Compare
QuickBoo...
ITQlick rating
4.2/5
Score
99/100
Pricing
5/10
License pricing
$12.50 per month
Functionality
7
Wave Acc...
ITQlick rating
4.4/5
Score
97/100
Pricing
5.6/10
License pricing
Pricing not available
Functionality
8
Zoho Boo...
ITQlick rating
4.4/5
Score
96/100
Pricing
2.4/10
License pricing
$10 per organizer/month
Functionality
9
Vyapar
ITQlick rating
4.4/5
Score
95/100
Pricing
8/10
License pricing
$49.99 per year
Functionality
5
Review

Frequently Asked Questions (FAQs)

Is it the best Core Accounting system?

Fusion Accounts is ranked 13 out of 137 software in their category (Core Accounting systems).

How they are rated on ITQlick?

The rating of Fusion Accounts is 4.5 stars out of 5 and the total score is 90 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, Fusion Accounts 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 Fusion Accounts 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 Fusion Accounts and alternatives?

The most popular alternatives to Fusion Accounts in 2022: QuickBooks, Wave Accounting, Zoho Books, FreshBooks, Vyapar. Access the complete competitors analysis here - Fusion Accounts VS Core Accounting Software alternatives.

Is Fusion Accounts right for you or your business?

Fusion Account is a good choice for end-users looking for a Core Accounting system that gives businesses and their trusted advisers real-time access to invoices, bank transactions, VAT, and financial reports. The program automates and streamlines the day-to-day bookkeeping process, helping firms to better manage their cash flow and operate more efficiently. Fusion Accounts has customers like Savelli Consultancy Ltd, Neueda Technologies, W J Miscampbell & CO, etc.

List of categories

Accounting & Finance
Billing & Invoicing
Bookkeeping
Core Accounting
Fixed Asset Accounting
Fund Accounting
Payroll Accounting

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.