About Advanced Financials

Advanced Financials is an accounting and financial management solution, which enables businesses in legal, education, healthcare and other sectors to streamline purchasing, reporting, procurement and invoicing processes. Professionals can use dashboards and reports to gain insights into budget, trends, expenditure and more. Key features of Advanced Financials include credit management, bank reconciliation, general ledger and customizable reports. Businesses can track the performance of budget and purchase quotes, store receipts in a centralized repository and view reports, payments and approvals within a unified platform. Additionally, organizations can streamline workflows across the accounts receivable life cycle, implement dunning processes and match bank transactions to bill or invoice payments. Advanced Financials allows businesses to automate invoice management processes and access account balances in real-time. Pricing is available on request and support is extended via phone and other online measures.
Advanced Financials Software - Advanced Financials supplier transactions
Advanced Financials Software - Advanced Financials cash outflow forecast
Advanced Financials Software - Advanced Financials analytics
Advanced Financials Software - Advanced Financials supplier transactions - thumbnail
Advanced Financials Software - Advanced Financials cash outflow forecast - thumbnail
Advanced Financials Software - Advanced Financials analytics - thumbnail

Advanced Financials pricing

Advanced Financials does not have a free version and does not offer a free trial.

Starting Price:
Not provided by vendor
Free Version:
No
Free trial:
No

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Advanced Financials Reviews for UK Users

Feature rating

Value for Money
4.8
Functionality
4.3
Ease of Use
3.8
Customer Support
5
4 reviews of 4 View all reviews
Nick
  • Industry: Financial Services
  • Company size: 11-50 Employees
  • Used Daily for 6-12 months
  • Review Source
Value for Money
5
Features
4
Ease of Use
4
Customer Support
5

5
Reviewed on 09/12/2021

Impact to our business

Very good, a friendly, helpful team at One Advanced.

Pros

Inputting a General Ledger system was key for us. We were running our accounts within excel which was becoming more challenging as the company grew and began transacting. We were impressed by the reporting capabilities which we are looking forward to developing.
Integration was straightforward thanks to the project teams friendliness and availability at all time.

Cons

Personally I find the excel journal upload function restrained. There are improvements that could be made to make it easier to use. Having said that, once you are aware of the restraints, workarounds make it work for us.

Alternatives Considered

Infor SunSystems and Xero

Reasons for Switching to Advanced Financials

Reporting capabilities, functionality that we were looking for, competitive price and a warm feeling from the sales lead.
Kennedy
  • Industry: Transportation/Trucking/Railroad
  • Company size: 201-500 Employees
  • Used Daily for 2+ years
  • Review Source
Value for Money
4
Features
4
Ease of Use
4
Customer Support
5

5
Reviewed on 09/02/2022

Good Accounting Software

Overall I think our experience with Cloud Financials has been a positive and beneficial one. We have seen, over time, improvements in cost control throughout the business as well as improved reporting. With the improvements in financial controls, reporting and decision making, influenced by our use of cloud financials, we have seen increased confidence that are on track to achieve our organisational objectives.

Pros

The fact that the software is cloud based reduces the importance of location. Additionally, the comprehensive purchasing management system has proven very useful for our business in terms of cost control and has enabled us to make more informed financial and operational decisions.

Cons

Being cloud based means reliance on strong internet connections. As such, this leaves you vulnerable to potential service issues impeding access to the system.

Pip
  • Industry: Marketing & Advertising
  • Company size: 51-200 Employees
  • Used Daily for 1-5 months
  • Review Source
Value for Money
5
Features
4
Ease of Use
4
Customer Support
5

5
Reviewed on 08/12/2021

Complex but flexible financial software

The Advanced team have been very supportive of our implementation and held hands with the team throughout the journey

Pros

The ability for personalised dashboard for all staff members so that they can see the relevant financial information for their department or team whenever they - helps to improve financial understanding and free up time for the finance team

Cons

Reporting is still not great and even though Jasper is used to report the formatting of reports is still limited

Marianne
  • Industry: Higher Education
  • Company size: 501-1,000 Employees
  • Used Daily for 1-5 months
  • Review Source
Value for Money
5
Features
5
Ease of Use
3
Customer Support
0

5
Reviewed on 15/12/2021

new user

we are only just starting implementation so too early to say

Pros

additional functionality to current system and ease of use for home / remote site working

Cons

none as yet as not yet using system. hopefully there will not be anything major

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