PROCAS vs AccountEdge
Last Updated:Our analysts compared PROCAS vs AccountEdge based on data from our 400+ point analysis of Accounting Software, user reviews and our own crowdsourced data from our free software selection platform.
Product Basics
PROCAS is a comprehensive software solution designed to streamline accounting and project management tasks, particularly for government contractors. It excels in providing detailed financial insights and compliance with federal regulations, making it ideal for industries involved in government projects. The software offers robust features such as timekeeping, expense tracking, and project cost management, which are crucial for maintaining accurate financial records and ensuring compliance with government standards. Users appreciate its user-friendly interface and the ability to customize reports, which enhances operational efficiency. While pricing details are not explicitly available, potential users are encouraged to contact SelectHub for a tailored quote. Compared to similar products, PROCAS stands out for its specialized focus on government contracting, offering unique benefits that cater specifically to the needs of this sector. Its ability to integrate seamlessly with existing systems further enhances its appeal to businesses seeking a reliable and efficient accounting solution.
AccountEdge helps small businesses establish inventory, billing, managing contacts, creating and tracking sales and purchases. It’s compatible with both Mac and Windows operating systems. An on-premise and accounting management solution, it gives users the freedom to create an eCommerce platform where they can sell items online using Shopify, download orders directly to the account and synchronize the inventory items for selling. The banking tool gives users the freedom to receive and send money, create bank deposits, print checks and account reconciliation. The purchase order feature enables users to create and track purchase orders and bills. It handles every aspect of business and gives the owners the ability to organize, process and report financial information.
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Product Insights
- Streamlined Compliance: PROCAS ensures adherence to government regulations, such as DCAA compliance, by automating audit trails and providing detailed reporting capabilities.
- Enhanced Financial Accuracy: The software minimizes human error through automated calculations and real-time data updates, ensuring precise financial records.
- Time Efficiency: By automating routine accounting tasks, PROCAS frees up valuable time for employees to focus on strategic activities rather than manual data entry.
- Improved Decision-Making: Access to comprehensive financial data and analytics enables informed decision-making, helping businesses to identify trends and optimize resource allocation.
- Cost Savings: Reducing the need for manual processes and minimizing errors can lead to significant cost savings in both labor and operational expenses.
- Scalability: PROCAS can easily adapt to the growing needs of a business, accommodating increased transaction volumes and expanding operations without requiring significant system overhauls.
- Security and Data Integrity: The software employs robust security measures to protect sensitive financial data, ensuring that information remains confidential and intact.
- Customizable Reporting: Users can tailor reports to meet specific business needs, providing insights that are directly relevant to their unique operational context.
- Seamless Integration: PROCAS integrates smoothly with other business systems, such as payroll and project management tools, creating a cohesive ecosystem that enhances overall efficiency.
- User-Friendly Interface: The intuitive design of PROCAS makes it accessible to users with varying levels of technical expertise, reducing the learning curve and increasing productivity.
- Real-Time Collaboration: Multiple users can access and work on the system simultaneously, facilitating collaboration and ensuring that everyone is working with the most current data.
- Comprehensive Support: Users benefit from extensive customer support and training resources, ensuring that they can maximize the software's potential and address any issues promptly.
- Project Cost Management: PROCAS provides detailed insights into project costs, helping businesses to manage budgets effectively and avoid cost overruns.
- Audit Readiness: The software maintains thorough records and documentation, simplifying the audit process and reducing the stress associated with compliance checks.
- Flexibility in Deployment: Whether on-premise or cloud-based, PROCAS offers deployment options that suit different business environments and IT strategies.
- Quotes and invoices: Create personalized quotes and invoices. Convert quotes to invoices with a click.
- Cost-effective: Pay only a one-time fee charged for each plan. This means extra payments are to be made only when the users purchase available add ons.
- Compatibility: Use Pro on Windows or Mac or get a mobile app for iOS devices. Access data without leaving the comfort of the desktop application with Connect. Get all the desktop features with Pro Hosted.
- Easy Installation: Get it up, running and access a vast amount of information within minutes. Learn more about using the platform by logging in to the user forum on the community page. Enjoy the simple to use interface and flexible reporting system.
- Simple Reporting: Look up information in numerous ways. Drill down into accounts and transactions with the interactive balance sheet and profit and loss reports. Slice and dice data for analysis. Easily control services from quote complete to invoice delivery.
- Time Billing and Retainers: Review how much money a client has to deposit and what is to be billed at the end of the month. Easily log in on-site with the quick interaction on the mobile app.
- Reconciling Statements: Find the amount by viewing them by debits or credits. Change marked items to blue which makes scanning the remaining numbers easy.
- Easy Job Budgeting And Analysis: Ensure easier functionality with new buttons added under budget analysis. Edit amounts for the job, calculate and display adjusted budgets and compare the actuals, in one window.
- Reminders: Add promise date as a reminder for the completion of job schedule.
- Timekeeping System: Offers a user-friendly interface for employees to log hours, ensuring compliance with DCAA requirements.
- Expense Reporting: Streamlines the process of submitting and approving expenses, with built-in audit trails for accountability.
- Project Costing: Provides detailed tracking of project costs, allowing for precise budget management and forecasting.
- Indirect Rate Management: Facilitates the calculation and application of indirect rates, crucial for government contract compliance.
- Financial Reporting: Generates comprehensive financial reports, including balance sheets and income statements, tailored to government contracting needs.
- Billing and Invoicing: Automates the creation of invoices based on contract terms, reducing manual entry and errors.
- Contract Management: Tracks contract modifications and funding, ensuring accurate billing and compliance with contract terms.
- Security and Access Controls: Implements role-based access to protect sensitive financial data and ensure only authorized personnel can access specific information.
- Integration Capabilities: Seamlessly integrates with other systems such as payroll and HR, enhancing data consistency and reducing duplication of efforts.
- Audit Support: Provides detailed audit trails and documentation to support internal and external audits, ensuring transparency and accountability.
- Multi-Company Support: Manages accounting for multiple entities within a single system, simplifying consolidation and reporting.
- Customizable Dashboards: Offers personalized dashboards for users to monitor key performance indicators and financial metrics at a glance.
- Compliance Monitoring: Continuously updates to reflect changes in government regulations, helping businesses maintain compliance effortlessly.
- Training and Support: Provides comprehensive training resources and responsive customer support to ensure users can effectively utilize the software.
- Data Import/Export: Facilitates easy data transfer to and from the system, supporting various file formats for flexibility.
- Scalability: Designed to grow with your business, accommodating increasing data volumes and more complex accounting needs over time.
- Real-Time Data Access: Enables users to access up-to-date financial information, supporting timely decision-making and strategic planning.
- Custom Reporting Tools: Allows users to create tailored reports to meet specific business requirements, enhancing analytical capabilities.
- Mobile Accessibility: Provides mobile access to key features, enabling remote work and on-the-go management of accounting tasks.
- Budgeting and Forecasting: Supports detailed budgeting processes and future financial projections, aiding in strategic planning and resource allocation.
- Accounts: Maintain charts of accounts. Choose from over 100 templates in Pro or create templates. Create a budget for any active account or for each job and project by tracking individual jobs.
- Banking: Set up and manage all bank related activities, which includes importing bank statements for reconciliations. Connect credit card and bank accounts to the application with automatic bank feed options.
- Contacts: Manage all customers, vendors and employees from a central location. Attach documents or contracts to vendor files, add a photo or create custom letters for the customers.
- Sales: Create a quote, process a sales order, create an invoice for a customer and accept customer payments for all open orders. Make shipping the product easy by integrating the invoice with UPS and providing customers with the tracking details. Place comments and choose how to deliver invoices. Create sales orders for customers that pay in advance. Accept credit card payments and record incoming payments by creating an account with Merchant Account. Manage online sales and inventory by syncing online stores using Shopify connector. Attach a document to invoices and purchases to enable tracking of warranties and package slips.
- Time billing: Track time and bill customers with Pro. Track billable and non-billable hours spent on the project or track employee time for billing purposes. Remotely track time using Connect. Monitor all work in progress to bill the customers as the project continues.
- Purchases: Create a purchase order, convert a bill to an order, enter vendor accounts payable and pay them electronically or by check. Complete vendor payment electronically and process 1099 forms at year end for contractors, using information tracked in purchases.
- Payroll: Set up payroll using the payroll assistant. Do the calculations inhouse or outsource through SurePayroll. Get a variety of add-on options like direct deposit, payroll forms and e-file services when processing payroll in-house.
- Inventory: Add details about specific items as well as selling and buying options with the Pro inventory module. Assign multiple pricing levels to the products, get an alert when the stock drops below a specified point. Keep track of best-selling products, and even build items and kits.
- Purge Jobs: Remove unused, older jobs from a larger list. Delete the selected job and remove it from the transaction list.
- Custom List and Custom Fields: Track the jobs by adding custom list and custom fields upto the count of three. Define list names, list members and field names, and use a custom list as a filter for job reports.
- Customized Job Status: Check which job is pending, delivered or on hold by customizing the job status.
- Activity Slips: Track time tied to a job under the job list Window. Drill into the activity slip or print out a report.
- Transactions: Get easy access to a list of all the transactions under the job information window. Get information like quotes in summary or detail.
- Job Number: Automatically assign job number to each line of transaction when creating a sale to a customer that has a single job associated with it. Remove or overwrite it as and when needed.
- Job Address: Manually enter or automatically include address and contact information for a job from a linked customer address and phone number, especially in cases where the job is associated with site or location.
- Job Transaction Summary Report: Get a list of transactions, including quotes and orders that are associated with the specific jobs. Filter it out on the basis of type, sales and purchase order.
- Emails: Use merge tags to create email templates. Include additional email addresses and choose an email address from Card. Open and view the email in the email client instead of it being automatically sent.
- Search Option: Search by account number or account name and use starts with/contains filters. Search account list by number or name and look by contact on the cards list. Identify unknown or forgotten company names by using search from list on transactions.
- Paid Stamp: Avoid confusion when re-sending a copy of a paid invoice to a client with a paid stamp which is a custom field and can appear on printed and PDF sales form.
- Deleting Deposits: Edit or delete the deposit payment after an order has been converted into an invoice.
- Calendar Event: Create a calendar event in the MacOS Calendar app, while recording the transaction or when the payment is due. Reminders can also be created from the card file.
- Add Note: Remember why the inventory was adjusted or created a particular job entry by adding a note to all the transactions. Check stubs and other transactions by adding a note field to the appropriate report.
- Forecasting with Recurring Sales: Get a more accurate estimation of financial situation at a point in time. Only get relevant fields displayed when the radio button is used.
- Company Data Auditor: Make sure that the financial information is accurate, protected and balanced. Backup and verify the company file with the audit tools. Lock down reconciled financial data, keep an audit trail and run reviews to make sure the numbers are in balance.
Product Ranking
#36
among all
Accounting Software
#64
among all
Accounting Software
User Sentiment Summary
6 reviews
176 reviews
PROCAS has a 'excellent' User Satisfaction Rating of 97% when considering 6 user reviews from 1 recognized software review sites.
AccountEdge has a 'great' User Satisfaction Rating of 88% when considering 176 user reviews from 2 recognized software review sites.
4.83 (6)
4.36 (88)
n/a
4.4 (88)
Awards
PROCAS stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.
No awards.
Synopsis of User Ratings and Reviews
How do you account for PROCAS's popularity among government contractors? User reviews from the past year reveal a consistent narrative: PROCAS is a robust accounting software specifically designed for government contractors, particularly those seeking DCAA compliance. Users rave about its integrated timekeeping and accounting features, which streamline processes and improve accuracy. One user, for instance, highlighted how PROCAS "calculates indirect rates and applies rates to our projects," simplifying a typically complex task. This integration is critical for government contractors who need to precisely track and allocate costs to meet regulatory requirements. However, some users find the software's customization options, particularly for indirect rates, to be somewhat cumbersome and time-intensive. Additionally, a few users expressed that the reporting functionality could be more robust, limiting their ability to generate comprehensive financial analyses. For example, one user wished for a consolidated monthly profit and loss report spanning 12 months, instead of having to generate individual reports for each month. Despite these drawbacks, PROCAS consistently receives high praise for its ease of use, especially for a software dealing with the intricacies of government accounting. This user-friendly design makes it a perfect fit for small to mid-sized government contractors who may not have dedicated IT resources. Moreover, its affordability, compared to enterprise-grade solutions like Deltek Costpoint, makes it a compelling choice for budget-conscious firms. In essence, PROCAS proves that you don't need a prodigious budget to implement effective and compliant accounting practices.
Want to know if AccountEdge will give you an edge in accounting? AccountEdge is a popular accounting software for small businesses, especially those familiar with desktop-based applications. Users praise its comprehensive features, including general ledger, accounts payable/receivable, invoicing, and inventory management, all without requiring a subscription like QuickBooks Online. Many find it easier to use than QuickBooks, citing its intuitive interface and logical workflow. However, some users point out its limitations for businesses with complex needs, such as limited integrations with other software and a lack of advanced reporting features. AccountEdge shines for small businesses seeking a robust, desktop-based accounting solution with a one-time purchase cost. Its ease of use and comprehensive features make it ideal for managing day-to-day finances, especially for those who prefer a traditional accounting software experience. However, businesses requiring advanced features or extensive integrations might find AccountEdge limiting and should consider cloud-based alternatives.
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