Gravity Review: Pros, Cons, Features, and Pricing

Q: How does Gravity ensure data security and compliance?

Gravity Software ensures data security and compliance by leveraging the Microsoft Power Platform, which includes robust security features and disaster recovery options. It complies with GDPR and can be used on Microsoft’s Government and DoD platforms. Gravity is integrated within the Microsoft security framework, eliminating the need for a separate SOC audit, and has been validated by independent parties.

Q: Can Gravity handle multi-company accounting needs?

Yes, Gravity supports intercompany transactions, allowing you to manage multiple companies and entities within a single platform. It has scalability options, so you can start as a single company and transition to a multi-entity structure if needed. This flexibility makes it suitable for diverse financial operations.

Q: What are the reporting capabilities of Gravity?

Gravity offers customizable reporting, including consolidated financial statements that comply with various standards. It allows you to close reporting periods by entity without requiring a year-end close. The platform also supports Excel integration for seamless data import and export.

Q: How does Gravity support vendor payments?

Gravity supports multiple vendor payment methods, including printed checks, ACH, and integration with Bill.com. It also accommodates different preprinted check forms and offers customization options to fit your payment processes.

Q: Does Gravity support foreign currencies and VAT processing?

Yes, Gravity supports VAT processing and tracks multiple foreign currencies. It features automated exchange rate updates, ensuring you have accurate, up-to-date financial information across multiple currencies.

Q: What is the typical implementation timeline for Gravity?

The typical implementation timeline for Gravity is around 60 days. This period includes setting up and configuring the software to meet your specific needs, and training your team to use it effectively.

Q: How does Gravity integrate with other systems?

Gravity integrates with other systems via Microsoft’s open API, ensuring smooth connectivity with your existing tools and processes. This allows you to automate workflows, such as creating vendor purchase orders in Power Automate.

Q: What are the data backup and storage capabilities of Gravity?

Gravity backs up data every 30 minutes, retaining it for up to 28 days to ensure data integrity during audits. All records are stored in Microsoft Azure data centers, with the option to store them locally. Storage costs are included in licensing fees, with additional storage available if necessary.

Gravity Software is an accounting software built on Microsoft's Power Platform for businesses managing financials across multiple entities. I'd mainly consider it if you've outgrown QuickBooks but want something more targeted than a full ERP rollout. It handles multi-entity consolidations, intercompany transactions, and shared reporting natively—all from a single platform.

Gravity Software Evaluation Summary

Customer Rating

4.5 /5

Pricing

From $210/user/month/
Free demo available

Why Trust Our Software Reviews

Gravity Software Overview

Gravity, as an accounting software, offers notable strengths in handling multi-location and multi-currency transactions, which is a boon for businesses with complex accounting needs. If you have found your company has outgrown entry-level accounting software, like QuickBooks Online, Xero, and Sage Intacct, Gravity might be the solution for you.

While the interface is user-friendly, it may seem clunky to some users, especially those accustomed to more streamlined platforms. Compared to its competitors, Gravity excels in customer support, making it a reliable choice for teams that might need frequent assistance. However, its pricing might not be ideal for small businesses. If you're managing a mid-sized enterprise with diverse accounting requirements, Gravity could be a good fit.

pros

User-friendly interface simplifies your team's accounting tasks.
Customizable reports help you tailor insights to your work.
Reliable customer support assists you when you need it.

cons

Limited integrations may require extra manual work for your team.
Some users report occasional bugs affecting their workflow.
Advanced features can be hard for your team to learn initially.

Is Gravity Software Right For Your Needs?

Who Would be a Good Fit for Gravity Software?

Gravity is well-suited for small to medium-sized businesses that need a user-friendly accounting solution. If your team values customizable reporting and hands-on customer support, Gravity's features can cater to your needs. For example, if you're in retail, the interface simplifies inventory and sales tracking. It's also great for startups needing reliable financial management without complex systems.

Small Retail Businesses

Gravity's user-friendly interface makes it easy to manage inventory and sales.
Startups

You get reliable financial management and forecasting without the complexity of larger systems.
Freelancers

Gravity offers simple invoicing and expense tracking for your work.
Nonprofits

The customizable reports help you tailor insights specific to your funding and expenditure tracking.
Consulting Firms

You can streamline client billing and financial reporting effortlessly.
Educational Institutions

Gravity allows your team to manage budgets and funding efficiently.
Healthcare Organizations

Gravity offers cloud-based, HIPAA-compliant accounting software that efficiently manages multiple entities and locations.

Who Would be a Bad Fit for Gravity Software?

Gravity might not be ideal for large enterprises with complex accounting needs. If your team requires extensive integrations with multiple business systems, Gravity's limited integration options could slow you down. Manufacturing industries that need advanced inventory management might find Gravity lacking certain functionalities. Also, if your department relies heavily on advanced analytics, Gravity's capabilities may not meet your expectations.

Large Enterprises

Gravity's limited integrations can hinder your complex accounting processes.
Manufacturing Industries

The software lacks advanced inventory management features crucial to your operations.
Tech Companies

You might find Gravity's basic analytics insufficient for your data-driven decisions.
Financial Institutions

Your need for comprehensive financial modeling isn't well-supported by Gravity.
Global Corporations

The software's limited multi-currency support could complicate your international transactions.

How We Test & Score Tools

We’ve spent years building, refining, and improving our software testing and scoring system. The rubric is designed to capture the nuances of software selection and what makes a tool effective, focusing on critical aspects of the decision-making process.

Below, you can see exactly how our testing and scoring works across seven criteria. It allows us to provide an unbiased evaluation of the software based on core functionality, standout features, ease of use, onboarding, customer support, integrations, customer reviews, and value for money.

Core Functionality (25% of final scoring)

The starting point of our evaluation is always the core functionality of the tool. Does it have the basic features and functions that a user would expect to see? Are any of those core features locked to higher-tiered pricing plans? At its core, we expect a tool to stand up against the baseline capabilities of its competitors.

Standout Features (25% of final scoring)

Next, we evaluate uncommon standout features that go above and beyond the core functionality typically found in tools of its kind. A high score reflects specialized or unique features that make the product faster, more efficient, or offer additional value to the user.

We also evaluate how easy it is to integrate with other tools typically found in the tech stack to expand the functionality and utility of the software. Tools offering plentiful native integrations, 3rd party connections, and API access to build custom integrations score best.

Ease of Use (10% of final scoring)

We consider how quick and easy it is to execute the tasks defined in the core functionality using the tool. High scoring software is well designed, intuitive to use, offers mobile apps, provides templates, and makes relatively complex tasks seem simple.

Onboarding (10% of final scoring)

We know how important rapid team adoption is for a new platform, so we evaluate how easy it is to learn and use a tool with minimal training. We evaluate how quickly a team member can get set up and start using the tool with no experience. High scoring solutions indicate little or no support is required.

Customer Support (10% of final scoring)

We review how quick and easy it is to get unstuck and find help by phone, live chat, or knowledge base. Tools and companies that provide real-time support score best, while chatbots score worst.

Customer Reviews (10% of final scoring)

Beyond our own testing and evaluation, we consider the net promoter score from current and past customers. We review their likelihood, given the option, to choose the tool again for the core functionality. A high scoring software reflects a high net promoter score from current or past customers.

Value for Money (10% of final scoring)

Lastly, in consideration of all the other criteria, we review the average price of entry level plans against the core features and consider the value of the other evaluation criteria. Software that delivers more, for less, will score higher.

Core Features

Invoicing and Billing

Easily create and send invoices to your clients, manage receivables, and ensure you get paid on time. Your team can effortlessly track payment statuses.

Expense Tracking

Log and categorize expenses quickly to keep tabs on your spending. This feature helps you manage accounts payable and budget effectively.

Financial Reporting

Generate detailed financial reports that give you insights into your business's performance. Customize reports to meet your specific needs.

Budget Management

Set and monitor budgets to control your financial planning. You'll stay on target by tracking variances in real time.

Tax Compliance

Stay compliant with tax regulations by managing filings and deductions within the software. It simplifies your tax season preparation.

screenshot - Gravity Review: Pros, Cons, Features, and Pricing — Easily create invoices, track payments, and manage billing.

Standout Features

Customizable Dashboards

Tailor your dashboard to display the most relevant financial data for your work, such as bank reconciliations and cash flow reports. This feature allows you to focus on what matters most to your team.

Multi-User Access

Allow multiple team members to access and work within the software simultaneously. It fosters collaboration and ensures everyone is on the same page.

Ease of Use

Gravity is intuitive and easy to navigate, making it accessible even if you're not tech-savvy. Its clean interface allows your team to quickly find the features they need, reducing the learning curve.

Many users appreciate how easy it is to customize reports and dashboards to their specific needs. While some advanced software features may take a bit of time to master, you'll find that the overall experience is smooth and straightforward compared to other accounting solutions.

Onboarding

Gravity offers a straightforward onboarding process that gets you up and running quickly. You'll find detailed tutorials and helpful guides that walk your team through each step, making it easy for them to adapt. The responsive customer support is there to assist if you hit any snags.

New users often praise how quickly they can see value from the software, thanks to its clear setup instructions and accessible resources. This efficient onboarding sets Gravity apart from more complicated solutions.

Customer Support

Gravity's customer support is responsive and reliable, ensuring you get the help you need promptly. Users appreciate the variety of support channels, including live chat and email, which cater to different preferences.

Your team will find the support staff knowledgeable and ready to resolve issues efficiently. Many users highlight a positive experience with support, noting quick response times and helpful guidance. This level of service provides peace of mind as you navigate the software.

Integrations

Gravity integrates with AP Payment Processing, Bank Aggregator, Business Intelligence dashboards, Check Printing, Microsoft Dynamics CRM, Salesforce CRM, and Expense Management tools. Gravity Software also provides an API and connects with third-party integration tools.

Value for Money

Gravity's pricing offers flexibility, with packages starting at $375/month for the Starter plan, which is suitable for new users without a Microsoft Power App license. The Existing Power Apps User package is slightly cheaper at $355/month. Nonprofits benefit from discounted rates at $210/month.

While the base cost is competitive, additional fees for advanced features such as AP automation and subscription billing can add up. A free trial or demo isn't mentioned, but exploring the software before committing could be beneficial.

Starter: For new users; $375/month (billed annually).
Existing Power Apps User: For users with an existing Microsoft Power App license; $355/month (billed annually).
NonProfit: Special pricing for eligible nonprofit organizations; $210/month (billed annually).
Requisition Management: $200/month ($150 for nonprofits).
Revenue Recognition: $100/month ($75 for nonprofits).
Subscription Billing: $100/month ($75 for nonprofits).
AP Management: $20/month.
Bank Aggregation: Free with core package.
Check Printing: $795 one-time fee.
Expense Management: $65/month with a $995 setup fee.

Gravity Software Specs

2-Factor Authentication
Accounts Payable
Accounts Receivable
API
Balance Sheet
Billing/Invoicing
BitCoin
Budgeting
Calendar Management
Contact Management
CRM Integration
Customer Management
Dashboard
Data Export
Data Import
Data Visualization
Expense Tracking
External Integrations
Forecasting
General Account Ledger
Inventory Tracking
Multi-Currency
Multi-User
Notifications
P&L
PayPal
Payroll
SAP Integration
Stripe
Supplier Management
Tax Management

Gravity Software FAQs

How does Gravity ensure data security and compliance?

Can Gravity handle multi-company accounting needs?

What are the reporting capabilities of Gravity?

How does Gravity support vendor payments?

Does Gravity support foreign currencies and VAT processing?

What is the typical implementation timeline for Gravity?

How does Gravity integrate with other systems?

What are the data backup and storage capabilities of Gravity?

Gravity Software Company Overview & History

Gravity Software is a cloud-based accounting and ERP solution founded by John Silvani in December 2013 in Detroit, Michigan. It is designed for small- to mid-sized businesses with complex multi-entity accounting needs. Gravity has established itself as a reliable choice for growing businesses like franchises, family offices, healthcare firms, and investment companies.

Gravity Major Milestones

2013: Founded in December in Detroit, Michigan
2019: Raised $250k in seed funding.
2024: Awarded the Innovation Excellence Award 2024 by The CEO View