TRAVERSE Review - why 5 stars?

TRAVERSE Review
ITQlick Score: 77/100
ITQlick Rating:
Pricing: 6/10 - average cost
Category: Core Accounting -> TRAVERSE review
Ranking:Ranked 56 out of 137 Core Accounting systems
Company: Open Systems, Inc.
Pricing: starts at $1,200 per license
Typical customers: Small, medium and large size businesses
Platforms: Desktop
Links: TRAVERSE pricing, TRAVERSE alternatives
Shlomi LaviShlomi Lavi / updated: Feb 22, 2022

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What is TRAVERSE?

Traverse is an ERP Software System and a Business Management Solutions program. The software creates modular and economical solutions for enterprise resource planning and business accounting. The software was designed to give businesses the perspective needed to make smart decisions that will eventually lead to increased revenue. Traverse can be implemented with minimal effort because it integrates well with most existing databases. The software is also offered to be deployed on premise or as a web-based program. Open Systems Inc, the developer of Traverse, was founded in 1976 and has headquarters located in Shakopee, Minnesota.

Who is it best for?

Traverse is best for small to large sized businesses and enterprises. Traverse can help different kinds of companies transform raw data into functional information to guide intelligent business decisions. It is also best for several industries including industries in service, accounting, food and beverage, retail and wholesale, CPA, manufacturing, healthcare, distribution, social services, and non-profit industries. The software is used by several companies located all over the world. Among their most prominent clients include Nuvo Cosmetics, Northwestern Tools, Grand Prairie Foods, and Wilcox Family Farms.

Main features and functionalities

Traverse can help your business through their ERP system that will integrate data, streamline operations, and minimize costs. This is done through the software’s applications suite. Among the applications available includes applications for purchasing, fund accounting, financial reporting, inventory management, budgeting and forecasting, billing and invoicing, and work order management. There are also applications that are available as a stand-alone program, such as fixed asset accounting, core accounting, payroll management, fixed asset accounting and project accounting.

The software is also easily integrated and it can be integrated to meet the needs of your company. The software allows users to create new functions, fields, and forms that can be used by the company’s processes. The software also allows users to create audit trails and user permissions that can be edited to fit each user. The software even allows the layout screens to be adjusted by the user.

Traverse is also one of the most scalable software solutions in the market. This allows the software to grow as the company grows. Users and clients will not have to worry about outgrowing the software because the software allows users the flexibility that they need, no matter how much growth or how fast a company grows.

What is the actual cost?

The cost of license starts at $1,200 per license. ITQlick pricing score is 6 out of 10 (10 is most expensive). Access ITQlick pricing guide for TRAVERSE.

Pros

  • Traverse is compatible with mobile devices and tablets
  • Traverse features several currency packs for international transactions
  • Traverse offers a free demo
  • Traverse site is available for multiple languages
  • The software is easily among the most integrated and customizable software in the market

Cons

  • Traverse does not offer money back guarantee
  • Traverse does not have a forum for user collaboration and interaction
  • Traverse does not have social networking links in their site
  • Traverse can be confusing for new users
  • The software does not have the best visuals in the market

How it stacks up?

Access a head to head analysis of TRAVERSE vs alternative software solutions.
ITQlick rating
Score
Pricing
License pricing
Functionality
Review
Compare
TRAVERSE
ITQlick rating
5/5
Score
77/100
Pricing
6/10
License pricing
$1,200 per license
Functionality
46
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?

TRAVERSE is ranked 56 out of 137 software in their category (Core Accounting systems).

How they are rated on ITQlick?

The rating of TRAVERSE is 5 stars out of 5 and the total score is 77 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, TRAVERSE makes it fairly easy to use. This product is user friendly and intuitive.

Is it cloud-based?

No, the software in not cloud based so you would need to install it locally and connect it directly to a server.

Can it be used on mobile?

No, currently TRAVERSE 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 TRAVERSE and alternatives?

The most popular alternatives to TRAVERSE in 2024: QuickBooks, Wave Accounting, Zoho Books, FreshBooks, Vyapar. Access the complete competitors analysis here - TRAVERSE VS Core Accounting Software alternatives.

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
Work Order Accounting

List of features

Accounts Payable
Accounts Receivable
Billing & Invoicing
Budgeting & Forecasting
Cash Flow
Fixed-Assets
General-Ledger
P&L Statement
Project-Accounting
Sales Reporting
Tax compliance
Accounting Module
Business Intelligence Module
CRM Module
Human Resources Module

Auditor - 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.