IDOS

IDOS

Digital CFO - IDOS
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About

Finally is your all-in-one accounting solution, combining intelligent AI powered software with expert support to manage your business finances effortlessly. Designed for small and medium-sized businesses, Finally offer solutions for bookkeeping, taxes, payroll, expense tracking, and corporate credit cards, along with expert support to help you stay on top of your finances. We take the hassle out of financial management, keeping you organized, saving you time, and helping you avoid costly IRS penalties. With Finally, you get both the tools and the service you need to focus on growing your business with confidence.

About

Digital CFO is an automated accounting, financial management & reporting software ERP, that is agnostic to sector and size of business. IDOS enables real-time and accurate transaction processing and ensures that the data processed is available in real-time for every upstream reporting & analytics activity. IDOS is used by businesses of all sizes including micro and small businesses as well as large multi national organisations with multiple branches and business segments. IDOS even powers the accounting & CFO services of two of the Big 4 Global Accounting & Audit firms, which use IDOS to provide accounting, financial management & reporting services to their end customers. One of the unique capability of IDOS is its ability to help the business to engage with the eco-system in which it functions. IDOS has in-built digital portal which can be accessed by customers, vendors, bankers of the business to transact and engage with the business in realtime. Contact us to know more.

Platforms Supported

Windows Supported
Mac Supported
Linux Supported
Cloud Supported
On-Premises Not Supported
iPhone Supported
iPad Supported
Android Supported
Chromebook Supported

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Audience

Designed for small and medium-sized businesses, Finally offer solutions for bookkeeping, taxes, payroll, expense tracking, corporate credit cards, and more to help you stay on top of your finances without juggling multiple tools.

Audience

SME, Accounting & audit firms, Banks, trading businesses, manufacturing companies, Hospital chains

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported

API

Offers API Supported

API

Offers API Supported

Screenshots and Videos

Screenshots and Videos

Pricing

$299 per month
Free Version Not Supported
Free Trial Not Supported

Pricing

$5.00/month
Per User Per Month on subscription model.

Module wise pricing for large Enterprises.
Free Version Not Supported
Free Trial Supported

Reviews/Ratings

Overall 1.0 / 5
ease 1.0 / 5
features 1.3 / 5
design 1.3 / 5
support 1.2 / 5

Reviews/Ratings

Overall 5.0 / 5
ease 5.0 / 5
features 5.0 / 5
design 4.0 / 5
support 5.0 / 5

Pros & Cons from Real Users

Pros

  • Good sales team, that's for sure.
  • There is nothing positive about finally unless you like spending money on a possible scam or complete incompetence.
  • Nothing to like.
  • The sales process was believable and the salesperson was trustworthy. His name was Jack and I think he truly believed in what he was selling.
  • NOT ONE SINGLE THING! Everything about this company is a literal DISASTER and I could not fire them fast enough!!!

Cons

  • I cannot begin to describe the level of frustration (or expense) that we have experienced in the last year. The accountants don't ask questions & don't shut up & listen long enough for us to complete a sentence anyway. Email questions or concerns go largely unanswered but rest assured they'll pull the payments for their 12 month contract shamelessly.
  • Absolutely the Worst Bookkeeping Experience I've Ever Had Working with Finally Bookkeeping was a complete nightmare from start to finish. I paid for services like reconciling and invoicing, none of which were ever completed. Scheduling a meeting was nearly impossible, and on the rare occasion I did manage to book one, they would cancel last minute and then follow up with a suspicious email trail that made it look like I had canceled. Unbelievably unprofessional. At one point, they told me my general ledger was incorrect, then asked me if I knew why, without providing any details. They miscategorized taxes paid as personal income, which is a major and avoidable error. When I asked them to pull a simple report, they told me I should contact my former bookkeeper instead. Completely unacceptable. For five months, they repeatedly asked me to submit the same reports. I complied every time, and every month they acted like it was the first time they'd asked. When I questioned whether I was submitting them incorrectly, I got no response. During onboarding, I watched them access all my accounts, yet every time I asked why something wasn't done, they claimed they didn't have access. I went through the entire process of granting permissions again, only to be told again that they didn’t have access. Whether this was incompetence or a scam, I can't say. But it was hands down the worst, most frustrating, and most unproductive experience I’ve ever had with a bookkeeping service. This is only a handful of examples of completely unprofessional and unacceptable practices. Save your time, money, and sanity. Look elsewhere.
  • For 6 months they pulled $250 off my card! For 6 months they made me upload statements. For 6 months, I didn't hear a peep out of them. After 6 months, I wanted out. They beat around the bush getting back to me. Them my reps excuse was she was sick.
  • Everything else. My experience was a complete disaster.
  • EVERYTHING!!! NO communication, couldn't correctly categorize transactions, didn't handle one single thing for filing taxes, made us late to file and will cost us exorbitant late fees, took MONTHS for the first email about ANYTHING regarding our accounting, they take weeks to reply to an email but STILL don't answer questions, all they care about is their MONEY.

Pros & Cons from Real Users

Pros

  • Idos Software can be used by anyone with out any accounting / Technical knowledge. More Automated system so reduces the human efforts and more importantly eliminate the human errors. Migrated to Regional tax compliances so this ease our tax computations.

Cons

  • As of now, I didn't find many bad things to say about IDOS.

Training

Documentation Supported
Webinars Not Supported
Live Online Supported
In Person Not Supported

Training

Documentation Supported
Webinars Supported
Live Online Supported
In Person Not Supported

Company Information

Finally
Founded: 2018
United States
www.finally.com

Company Information

Digital CFO - IDOS
Founded: 2014
India
www.myidos.com

Alternatives

Alternatives

Airbase

Airbase

Paylocity

Categories

Accounting Supported
Bookkeeping Supported
Expense Report Supported
Payroll Supported

Categories

Accounting Supported
Accounts Payable Supported
Bookkeeping Supported
Budgeting Supported
Church Accounting Supported
Compliance Supported
Corporate Tax Supported
Expense Report Supported
General Ledger Supported
Loan Origination Supported
Loan Servicing Supported
Sales Tax Supported
Tax Compliance Supported

Accounting Features

Accounts Payable Supported
Accounts Receivable Supported
Bank Reconciliation Supported
Billing & Invoicing Not Supported
Cash Management Not Supported
CPA Firms Not Supported
Cryptocurrency Support Not Supported
Expense Tracking Supported
Fixed Asset Management Not Supported
Fund Accounting Not Supported
General Ledger Not Supported
Government Not Supported
Multi-Currency Not Supported
Nonprofits Not Supported
Payroll Management Not Supported
Project Accounting Not Supported
Purchase Orders Not Supported
Tax Management Supported

Bookkeeping Features

Accounts Payable Supported
Accounts Receivable Supported
Bank Reconciliation Supported
Billing & Invoicing Not Supported
Cash Management Supported
Collections Not Supported
Expense Tracking Supported
Fixed Asset Management Not Supported
General Ledger Supported
Payroll Supported
Revenue Recognition Supported
Spend Management Supported
Tax Management Supported

Accounting Features

Accounts Payable Supported
Accounts Receivable Supported
Bank Reconciliation Supported
Billing & Invoicing Supported
Cash Management Supported
CPA Firms Supported
Cryptocurrency Support Not Supported
Expense Tracking Supported
Fixed Asset Management Supported
Fund Accounting Not Supported
General Ledger Supported
Government Not Supported
Multi-Currency Supported
Nonprofits Supported
Payroll Management Supported
Project Accounting Supported
Purchase Orders Supported
Tax Management Supported

Billing and Invoicing Features

Billing Portal Supported
Contact Database Supported
Contingency Billing Not Supported
Customer Portal Supported
Customizable Invoices Not Supported
Dunning Management Not Supported
Hourly Billing Supported
Invoice History Supported
Mobile Payments Not Supported
Multi-Currency Supported
Online Invoicing Supported
Online Payments Supported
Payment Processing Supported
Project Billing Supported
Recurring/Subscription Billing Supported
Service Ticket Billing Not Supported
Tax Calculator Supported

Bookkeeping Features

Accounts Payable Supported
Accounts Receivable Supported
Bank Reconciliation Supported
Billing & Invoicing Supported
Cash Management Supported
Collections Supported
Expense Tracking Supported
Fixed Asset Management Supported
General Ledger Supported
Payroll Supported
Revenue Recognition Supported
Spend Management Supported
Tax Management Supported

Expense Report Features

Approval Process Control Supported
Invoice Management Supported
Multi-Currency Supported
Receipt Management Supported
Reimbursement Management Supported
Spend Control Supported
Time Tracking Not Supported
Workflow Management Supported

Accounts Payable Features

Approval Process Control Supported
Bank Reconciliation Supported
Cash Management Supported
Check Writing Not Supported
Duplicate Payment Alert Supported
Fraud Detection Not Supported
General Ledger Entry Supported
Vendor Management Supported

Accounts Receivable Features

ACH Payment Processing Not Supported
Billing & Invoicing Supported
Check Processing Not Supported
Collections Management Supported
Online Payment Processing Supported
Overpayment Processing Not Supported
Partial Payments Supported
Receivables Ledger Supported
Recurring Billing Supported

Auto Dealer Accounting Features

Buy-Here-Pay-Here Supported
Collections Management Supported
Expense Management Supported
Financing Management Not Supported
Inventory Management Supported
Lease-Here-Pay-Here Not Supported
Parts Management Supported
Payroll Management Supported
Recurring Billing Not Supported
Sales Management Supported
Sales Tax Management Supported
Service Department Not Supported

Budgeting Features

"What If" Scenarios Not Supported
Asset Planning Not Supported
Balance Sheet Supported
Capital Asset Planning Supported
Cash Management Supported
Consolidation / Roll-Up Supported
Forecasting Supported
General Ledger Supported
Income Statements Supported
Multi-Company Supported
Multi-Department / Project Supported
Profit / Loss Statement Supported
Project Budgeting Supported
Run Rate Tracking Not Supported
Version Control Supported

Church Accounting Features

Accounts Payable Supported
Accounts Receivable Supported
Asset Management Not Supported
Bank Reconciliation Not Supported
Budgeting & Forecasting Supported
Donation Management Supported
Fund Accounting Not Supported
General Ledger Supported
Payroll Management Supported

Compliance Features

Archiving & Retention Supported
Artificial Intelligence (AI) Not Supported
Audit Management Supported
Compliance Tracking Supported
Controls Testing Not Supported
Environmental Compliance Not Supported
FDA Compliance Not Supported
HIPAA Compliance Not Supported
Incident Management Not Supported
ISO Compliance Not Supported
OSHA Compliance Not Supported
Risk Management Supported
Sarbanes-Oxley Compliance Supported
Surveys & Feedback Not Supported
Version Control Not Supported
Workflow / Process Automation Supported

Financial Management Features

Budgeting & Forecasting Supported
Cash Management Supported
Consolidation / Roll-Up Supported
Currency Management Supported
Financial Reporting Supported
Investment Management Not Supported
Project Management Supported
Revenue Recognition Not Supported
Risk Management Supported
Tax Management Supported

Financial Reporting Features

"What If" Scenarios Not Supported
Audit Trail Supported
Balance Sheet Supported
Cash Management Supported
Consolidation / Roll-Up Supported
Forecasting Not Supported
General Ledger Supported
Income Statements Supported
Multi-Company Supported
Multi-Department / Project Supported
Profit / Loss Statement Supported

Loan Origination Features

Amortization Schedule Not Supported
Audit Trail Supported
Closing Documents Supported
Compliance Management Not Supported
Customer Database Not Supported
Digital Signature Not Supported
Document Management Supported
Fee Management Not Supported
Loan Processing Supported
Online Application Supported

Loan Servicing Features

Accounting Management Supported
Amortization Schedule Not Supported
Application Management Supported
Auto Loans Not Supported
Automatic Funds Distribution Not Supported
Business Loans Supported
Collateral Tracking Not Supported
Collections Management Supported
Compliance Management Not Supported
Construction Loans Not Supported
Customer Database Supported
Fee Management Not Supported
Investor Management Not Supported
Loan Processing Not Supported
Student Loans Not Supported

Integrations

Gusto Supported
Microsoft 365 Not Supported
Microsoft Excel Not Supported
Oracle Fusion Cloud ERP Not Supported
PayPal Supported
QuickBooks Online Supported
SAP Ariba Supply Chain Collaboration Not Supported
SAP ERP Not Supported
Salesforce Supported
Square Payroll Supported
Stripe Supported
TallyPrime Not Supported
Xero Supported

Integrations

Gusto Not Supported
Microsoft 365 Supported
Microsoft Excel Supported
Oracle Fusion Cloud ERP Supported
PayPal Not Supported
QuickBooks Online Not Supported
SAP Ariba Supply Chain Collaboration Supported
SAP ERP Supported
Salesforce Not Supported
Square Payroll Not Supported
Stripe Not Supported
TallyPrime Supported
Xero Not Supported
Claim Finally and update features and information
Claim Finally and update features and information
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Claim IDOS and update features and information