Average Ratings 45 Ratings
Average Ratings 5,952 Ratings
Description
Description
API Access
API Access
Integrations
Integrations
Pricing Details
5-pack multi-entity module $100/month
Annual Subscription Contract Required
Pricing Details
Early: $20/month
Growing: $47/month
Established: $80/month
Deployment
Deployment
Customer Support
Customer Support
Types of Training
Types of Training
Vendor Details
Company Name
Gravity Software, LLC
Founded
2013
Country
United States
Website
www.gogravity.com
Vendor Details
Company Name
Xero
Founded
2006
Country
New Zealand
Website
xero.com
Product Features
Accounting
Gravity Software is a cloud-based accounting solution tailored for expanding organizations and those operating across multiple entities, providing enhanced financial oversight, automation, and transparency. Developed on the Microsoft Power Platform, Gravity integrates various functionalities including general ledger management, accounts payable and receivable, budgeting, multi-currency transactions, allocations, inventory management, purchasing, and financial reporting into a cohesive platform. With the ability to manage several entities within a single database, users can automate intercompany transactions and consolidations, optimize approval processes, and evaluate both financial and operational metrics using Microsoft Power BI. Additionally, Power Automate facilitates customizable workflows, while Microsoft 365 Copilot enables authorized users to inquire about real-time Gravity financial data in natural language and retrieve accounting details from familiar Microsoft applications like Outlook and Teams.
Accounts Payable
Gravity Software offers a cloud-based solution for managing accounts payable tailored for expanding and multi-entity businesses. Developed on the Microsoft Power Platform, Gravity enables finance departments to streamline the processing of vendor invoices, approvals, and payments, all while providing real-time insights into payables and cash flow. With AI-driven automation for accounts payable, the need for manual data entry and the potential for errors are significantly minimized. Customizable workflows facilitate the approval of invoices based on various factors, including entity, program, project, or amount. Approvers can easily review and handle approvals through Microsoft Outlook or Teams, which helps alleviate bottlenecks and enhances the efficiency of the accounts payable process. Advanced dashboards offer clarity on pending invoices and approaching payment deadlines. Various payment methods are available, including direct ACH, standard and remote check printing, and integration with Bill.com.
Accounts Receivable
Gravity Software offers a cloud-based solution for accounts receivable management tailored for growing organizations and those with multiple entities. The platform streamlines billing and collections processes, allowing users to efficiently handle customer invoices and payments while providing instant insights into receivables and cash flow. With automated workflows, the system can generate reminders and alerts for overdue payments, empowering finance teams to monitor outstanding invoices, analyze payment patterns, and manage collections through real-time dashboards and aging reports. Additionally, integrated payment processing options like credit card and ACH ensure that customers can make payments more swiftly. For organizations spanning multiple entities, Gravity Software simplifies intercompany billing by enabling a single customer payment to be allocated across invoices from different companies. This feature minimizes the need for duplicate data entry and manual reconciliations, all while maintaining accurate records at the entity level.
AP Automation
Gravity Software specializes in AI-driven accounts payable automation tailored for expanding organizations with multiple entities. Developed on the Microsoft Power Platform, Gravity empowers finance departments by automating the processing of vendor invoices, minimizing manual data entry and errors, and simplifying the approval process from the moment an invoice is received until payment is made. The platform features customizable workflows that can direct invoices based on various factors such as entity, program, project, vendor, or amount, and accommodates multiple levels of approval. Approvers can easily review invoices, modify coding or dimensions as needed, reassign tasks, and either approve or reject transactions directly through Microsoft Outlook or Teams, effectively alleviating approval delays and reducing unnecessary communication with accounts payable. Once approved, invoices are seamlessly integrated into Gravityβs accounting system, ensuring transparency and traceability while enhancing the accuracy, control, and efficiency of finance teams.
Inventory Control
Gravity Software offers a cloud-based solution for inventory management tailored for organizations that are expanding and operate across various locations and entities. Developed on the Microsoft Power Platform, Gravity delivers immediate visibility into inventory across different warehouses, offices, retail spaces, and mobile inventory sites, seamlessly linking inventory management with accounting and financial reporting. With Gravity, you can oversee inventory for multiple legal entities, monitor quantities, costs, valuations, transfers, serialized items, and lots, while also maintaining comprehensive transaction histories and audit trails. The system accommodates various costing methods including Standard, FIFO, LIFO, Weighted Average, and Specific ID, along with adaptable measurement units. The inventory management system integrates with purchasing, sales order management, and Bill of Materials, while Microsoft Power BI facilitates real-time reporting and analysis across both financial and operational aspects.
Multi-Entity Accounting
Gravity Software is an innovative cloud-based accounting solution tailored for expanding businesses that oversee various entities, such as companies, subsidiaries, locations, or divisions. Developed on the Microsoft Power Platform, Gravity unifies financial processes within a single, cohesive accounting framework. With Gravity, finance departments can effortlessly handle multiple entities without the need for distinct databases, automate intercompany transactions along with due-to/due-from entries, and generate consolidated financial reports that allow for detailed analysis. The platform also enables performance evaluation through customizable dimensions and entity groupings. Additionally, it accommodates multi-currency transactions and offers entity-specific security measures. Leveraging real-time insights from Microsoft Power BI, Gravity provides comprehensive visibility across all entities. Its seamless integrations with Teams, Outlook, SharePoint, and Excel facilitate the optimization of financial workflows, empowering organizations to scale efficiently as they evolve.
Product Features
Accounting
Xero is a robust cloud-based accounting solution designed specifically for small enterprises. With Xero, users can efficiently handle their cash flow, monitor expenditures, process online payments, and access a wide range of additional featuresβall within the Xero platform.
Accounts Payable
Xero's expense management solution streamlines the accounts payable workflow, eliminating the need for lengthy paperwork and allowing users to complete tasks with just a few clicks. Effortlessly reimburse expenses, monitor expenditures, and oversee costs from any location using Xero's robust Cloud-based platform.
Accounts Receivable
Xeroβs invoicing solution streamlines the billing process, allowing you to easily generate, dispatch, and monitor invoices. This means you can focus more on your passions instead of administrative tasks. Whether you prefer using the desktop version or the mobile app, you can take advantage of features like automated reminders, personalized templates, and options for digital payments.
AI Accounting
Xero's online accounting platform simplifies the integration of AI functionalities such as Xero Analytics, bank reconciliation, accounts payable, and additional features, allowing you to fulfill the potential of AI for your clients.
Auto Dealer Accounting
Maximize efficiency with Xeroβs user-friendly accounting platform designed specifically for auto dealers. Manage your financial tasks at your convenience, ensuring it fits seamlessly into your schedule. Thanks to its cloud-based architecture, you can easily submit expense claims, establish bank connections, and work alongside your accountant, bookkeeper, or team membersβall in a digital environment.
Billing and Invoicing
Xero's invoicing platform simplifies the billing process, providing your clients with a seamless and polished experience via both its desktop and mobile applications. Key features encompass customizable invoices, options for digital payments, automated reminders, and additional functionalities to enhance your invoicing experience.
Bookkeeping
Xero is an online accounting solution designed specifically for bookkeepers. This platform allows you to streamline your administrative and compliance responsibilities, giving you more opportunity to focus on client support, promote your bookkeeping services, and expand your business. Furthermore, Xero integrates its practice management tools and data effectively, providing a cohesive solution for managing your accounting practice.
Church Accounting
Optimize your efforts with Xero's user-friendly accounting platform. Manage your financial tasks at your convenience, tailored to the needs of your church. With Xero's cloud-enabled system, you can easily track expenses, establish bank connections, and collaborate with your accountant, bookkeeper, or team members β all from an online interface.
Construction Accounting
Utilize Xero's construction accounting platform to effortlessly send estimates, generate invoices, monitor expenses, and oversee projects directly from the mobile application. Simplify your daily tasks with this tailored accounting solution designed specifically for construction professionals.
Distribution Accounting
Xero offers a cloud-driven accounting solution designed to assist wholesale distributors in optimizing their financial operations while providing immediate access to financial insights. Its user-friendly design coupled with tailored features for the industry reduces the burden of paperwork and manual data tasks, allowing distributors to concentrate on their primary business activities.
Farm Accounting
Effortlessly oversee your agricultural budget and financial details using Xero's specialized accounting software for farms. Monitor your financial data in real time and stay informed about your farming activities from any location.
Financial Close
Xero enhances the financial closing experience by transforming year-end responsibilities into a swift and straightforward process. It allows you to automate reconciliations, produce reports, and optimize your workflow, guaranteeing precision and adherence to regulations. Thanks to Xero's up-to-the-minute data and flawless integration capabilities, you can confidently and efficiently finalize your accounts.
Fund Accounting
Xeroβs online fund accounting platform ensures accurate recording and allocation of transactions to their respective funds. Our user-friendly software streamlines budgeting, forecasting, and financial analysis, enhancing the management of financial resources and providing critical insights into your organizationβs financial health.
General Ledger
Xero is a robust cloud-based accounting solution tailored for small enterprises. The General Ledger report offered by Xero delivers both a comprehensive overview and an in-depth analysis of all income, expenditures, and various transactions for a specified time frame. This functionality enables businesses to effectively trace their financial movements and assess their financial well-being with great accuracy. By detailing each transaction, it promotes precise accounting practices and streamlines the reconciliation process.
Invoice Generators
Streamline administrative tasks and accelerate your payment process with Xero's cloud-based invoicing solution. Generate, dispatch, and monitor your invoices effortlessly through Xero's desktop platform or mobile invoicing application. Personalize your invoices and efficiently handle online payments with features like automated reminders, customizable templates, and various online payment methods.
Law Firm Accounting
Xero's accounting platform is designed to make financial oversight effortless for law practices. Generate invoices, monitor expenses, and handle bills all from a single interface. By utilizing Xero, you can enhance cash flow, expedite client payments, and retrieve financial information wherever you are, allowing you to dedicate more time to your legal work.
Lease Accounting
Xero offers a comprehensive cloud-based accounting solution that simplifies the management of rental properties. You can effortlessly monitor your property finances in real-time, encompassing rent collections, expenses, and deposits, all consolidated in a single platform. Automate the rent collection process and enhance payment efficiency with GoCardless, while efficiently handling tenant records and communications. Thanks to Xero's user-friendly tools and online framework, you'll enjoy complete oversight of your lease accounting, leading to smoother and more organized daily operations.
Medical Accounting
Xero's online accounting platform simplifies the financial management of your hospital by offering features such as automated invoicing and straightforward compliance monitoring. Its user-friendly tools and smooth app integrations enable your team to increase efficiency and effectiveness in their work.
Mileage Tracking
Xero offers a convenient mileage tracking tool that simplifies the process of handling business travel costs. Using the Xero Me application, you can effortlessly monitor your mileage, record trips, and file expense claims while on the move. The app automatically computes distances, removing the need for handwritten logs and ensuring precise documentation. Whether you're overseeing your personal expenses or compensating staff members, Xero enhances the workflow, allowing you to save time and maintain better organization.
Payroll
Xero's payroll solution, featuring seamless integration with Gusto, offers an effortless payroll experience tailored for small enterprises. It automatically computes tax obligations, submits payroll taxes, and processes employee payments, guaranteeing adherence to federal, state, and local laws. By directly linking to your financial account, Xero keeps payroll information synchronized for precise accounting. With benefits including next-day direct deposits and automated tax submissions, Xero simplifies the payroll process, allowing you to save time and minimize administrative burdens.
Project Accounting
Xero offers a comprehensive suite of project accounting features that streamline the management of your projects. Effortlessly monitor time, expenses, and progress to maintain your budget and adhere to timelines. The platform's automated tracking, job costing, and invoicing capabilities allow for smooth oversight of various projects simultaneously. With up-to-the-minute data on project profitability and costs, you can make strategic choices and guarantee that your projects operate efficiently from inception to completion.
Real Estate Accounting
Xero offers a cloud-driven accounting solution that enhances the management of properties. It allows you to monitor financial activities, handle expenditures, and access client information conveniently in a single platform. Thanks to its cloud technology and smooth app integrations, Xero optimizes invoicing, payroll, and client relations, resulting in a more streamlined and orderly approach to your real estate business.
Receipt Scanner
Xero is a robust cloud-based accounting platform. With the Xero Me App, you can take a picture or scan a receipt, allowing the app to automatically populate your expense claims with the essential information.
Reconciliation
Xero simplifies the bank reconciliation process, allowing you to effortlessly align your financial transactions with your accounting entries. This automation minimizes the need for manual data input, enhancing precision. With Xero, you can perform account reconciliations in real-time, which not only conserves your time but also helps eliminate mistakes. The smooth connection with your bank feeds ensures that your financial information remains current and accurate, empowering you to manage your business with assurance.
Recurring Billing
Xero is an online accounting platform that streamlines the process of recurring billing. Its feature for setting up repeating invoices enables users to effortlessly handle regular payments for subscriptions, rental fees, utilities, and other ongoing expenses. Additionally, Xero offers the flexibility to design custom billing schedules and integrates smoothly with your existing financial information. Simplifying your accounting tasks has never been more straightforward!
Restaurant Accounting
Optimize your efficiency with Xero's user-friendly cloud-based accounting software designed specifically for restaurants. This platform enables you to easily track expenses, establish bank feeds, and work together with your accountant or bookkeeper, all from the convenience of the internet.
Sales Tax
Xero is a comprehensive cloud-based accounting solution that enables you to handle and compute sales tax effortlessly. It features automatic sales tax calculations for transactions, supports unlimited custom sales tax rates, and provides reports to assist in preparing your sales tax filings.
School Accounting
Optimize your efficiency with Xero's user-friendly accounting platform. You can manage your financial tasks at your convenience, tailored to your school's schedule. With Xero's cloud-based system, you can easily submit expenses, establish bank feeds, and work together with your accountant, bookkeeper, or team members β all in a seamless online environment.
Trucking Accounting
Optimize your efficiency with Xero's user-friendly online accounting platform. Manage your financial tasks at your convenience, allowing your trucking business to thrive without the hassle.
Trust Accounting
Xero streamlines the management of trusts, making the process both straightforward and effective. Utilizing Xero's cloud-based accounting platform, you can efficiently manage trust accounts, monitor distributions, and generate precise reports. This software aids in adhering to tax regulations and offers a comprehensive view of trust financials. With its intuitive features and smooth integration with your financial information, Xero simplifies trust management, allowing you to save time and minimize complications.