SlickPie vs Energy Corridor

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Our analysts compared SlickPie vs Energy Corridor based on data from our 400+ point analysis of Accounting Software, user reviews and our own crowdsourced data from our free software selection platform.

Energy Corridor Software Tool

Product Basics

SlickPie is a comprehensive, user-friendly solution designed for small businesses. It offers simple yet innate bookkeeping procedures to keep financial processes headache-free. Access financial data from any location, obtain 24/7 clientele payment management, and execute automatic transactions with recurring invoices and payment reminders.

Its top features include online invoicing and billing, automated data entry, live bank feeds, financial reports, bank reconciliations, multi-currency and quote creation. Access numerous reports from balance sheets and general ledgers to journal reports and more. SlickPie permanently closed in March 2021.
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Energy Corridor is a comprehensive software solution designed to streamline and manage various business tasks, with a strong emphasis on accounting functions. It is particularly well-suited for industries that require meticulous financial oversight, such as manufacturing, retail, and professional services. The software offers unique benefits like real-time financial reporting, seamless integration with existing systems, and robust data analytics capabilities. Users appreciate its intuitive interface and the ability to customize features to fit specific business needs. Compared to similar products, Energy Corridor is praised for its reliability and efficiency in handling complex accounting tasks. While specific pricing details are not readily available, potential users are encouraged to contact SelectHub for a tailored pricing quote that aligns with their individual requirements. This ensures that businesses can make informed decisions based on their unique operational demands and budgetary constraints.
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Small
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Small
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Large
Windows
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Android
Chromebook
Windows
Mac
Linux
Android
Chromebook
Cloud
On-Premise
Mobile
Cloud
On-Premise
Mobile

Product Assistance

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In Person
Live Online
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Videos
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Email
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Knowledge Base
24/7 Live Support
Email
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Knowledge Base
24/7 Live Support

Product Insights

  • Review Various Reports: Obtain aged receivables and payables, balance sheets, general ledgers, trial balances, journal reports and other accounting reports available through the accounting module. Stay informed about business finances and make reasonable business decisions. 
  • Stay On Top of Bills: Include new bills with appropriate company accounting information like dates, amounts, vendors, products and quantities with the billing tool. Automatically sync data throughout the system to stay in the financial loop.
  • Work With Various Currencies: Leverage the multi-currency module with international clients and vendors by enabling them to send invoices in any currency. Establish a default currency for more accessible conversions. 
  • Generate Automatic Quotes: Construct quotes and estimates in only a few seconds and send them to current and prospective patrons with the amount charged for each good or service for faster payments and acceptances. 
  • Send Payment Reminders: Activate automatic payment reminders to keep customers aware of due and past due compensation. Get paid faster with automatic notifications and little or no extra effort to reach out to customers and clients by hand. 
  • Manage Paperless Receipts and Bills: Save bills and receipts as JPG, PNG, GIF or PDF formats or email them to a Dropbox folder. Upload files to Dropbox folders via mobile devices. Files are promptly read and converted into transactions for evaluation, eliminating manual information inputting.
  • Supervise Real-time Bank Feeds: Review live bank feeds and link to most major banks worldwide. Update feeds automatically to understand balance and cash flow health. 
  • Utilize Intricate Security: Employ military-caliber 256-bit encryption to guarantee user data protection. Log out automatically after no activity for one hour. Allow only authorized users to gain access if invited. Data centers contain biometric systems, video cameras and 24/7 onsite security guards. 
  • Access On Mobile Devices: Implement this system from any iOS, Android and Windows-based phone or tablet to receive real-time data on the go. 
  • Gain an All-digital Database: Attach business documents and financial information to reduce clicks. Create and store specific transaction evidence for audit trails. 
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  • Streamlined Financial Processes: Energy Corridor automates complex accounting tasks, reducing manual entry and minimizing errors, which saves time and enhances accuracy.
  • Enhanced Data Visibility: With real-time dashboards, users gain immediate insights into financial performance, enabling informed decision-making and strategic planning.
  • Improved Compliance: The software ensures adherence to industry regulations by maintaining accurate records and generating compliant reports, reducing the risk of penalties.
  • Cost Efficiency: By optimizing resource allocation and reducing operational costs, Energy Corridor helps businesses maximize their financial resources.
  • Scalability: As your business grows, Energy Corridor scales seamlessly, accommodating increased data volume and complexity without compromising performance.
  • Customizable Reporting: Users can tailor reports to meet specific business needs, providing flexibility and relevance in financial analysis.
  • Integration Capabilities: Energy Corridor integrates with existing systems, ensuring a cohesive IT environment and eliminating data silos.
  • Enhanced Collaboration: By providing a centralized platform, the software facilitates communication and collaboration among team members, improving workflow efficiency.
  • Security and Data Protection: With robust security measures, Energy Corridor safeguards sensitive financial data against unauthorized access and breaches.
  • Time Savings: Automation of routine tasks frees up valuable time for employees to focus on strategic initiatives and value-added activities.
  • Reduced Human Error: By minimizing manual data entry, the software decreases the likelihood of mistakes, ensuring more reliable financial records.
  • Comprehensive Audit Trails: Energy Corridor maintains detailed logs of all transactions and changes, supporting transparency and accountability in financial management.
  • Predictive Analytics: The software leverages historical data to forecast trends and outcomes, aiding in proactive decision-making and risk management.
  • User-Friendly Interface: With an intuitive design, Energy Corridor is accessible to users of varying technical expertise, promoting widespread adoption and ease of use.
  • Resource Optimization: By identifying inefficiencies and areas for improvement, the software helps businesses optimize their resource utilization and operational effectiveness.
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  • Invoices: Implement predetermined invoice templates or formats. Install automatic, recurring invoices that send to the same clients with the same conditions, get prompt payments when clients hit the simple payment link, and directly pay with a credit card or PayPal
  • Payment Modes: Compensate invoices with Visa, MasterCard, American Express, PayPal or Stripe for faster online payments and better deadline management. Utilize encrypted data for all transactions for enhanced security.
  • MagicBot and Expense: Input expenses and transactions manually or perform automatic scans. Attach source documents or mark billable fees. Draft personalized payments for all costs. 
  • Sales Tax: Manage municipal, state, regional, provincial, federal and other tax types that apply to company accounts. Create several tax names and connect them to specific products or repeating transactions. 
  • Bank Reconciliation: Import information from bank accounts, credit cards and PayPal transactions to verify current books and accounts. Reconcile all payments made within the last year in minutes instead of hours. 
  • User Management: Add additional users and companies, from accountants and business partners to staff members and external companies, without limitations for effective centralization. 
  • Transactions History: Use detailed purchasing data, such as dates, amounts paid, amounts received, taxes, fees, side notes, credits, interests, client information, chart of account, previous related acquisitions and more, for in-depth monitoring. 
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  • Comprehensive Financial Reporting: Generate detailed financial statements, including balance sheets, income statements, and cash flow reports, tailored to your business needs.
  • Automated Bank Reconciliation: Seamlessly reconcile bank transactions with your accounting records, reducing manual errors and saving time.
  • Multi-Currency Support: Manage transactions in multiple currencies with real-time exchange rate updates, ideal for businesses operating globally.
  • Customizable Chart of Accounts: Design a chart of accounts that aligns with your specific business structure and reporting requirements.
  • Advanced Budgeting Tools: Create, track, and adjust budgets with precision, allowing for better financial planning and analysis.
  • Integrated Tax Management: Simplify tax calculations and compliance with built-in tax management features that support various tax jurisdictions.
  • Project Accounting: Monitor project costs and revenues with detailed project accounting capabilities, ensuring accurate project financials.
  • Role-Based Access Control: Enhance security by assigning specific access permissions to users based on their roles within the organization.
  • Real-Time Data Analytics: Access up-to-date financial data and insights through interactive dashboards and reports, facilitating informed decision-making.
  • Seamless ERP Integration: Integrate with existing ERP systems to streamline operations and maintain a unified data environment.
  • Scalable Architecture: Adapt to business growth with a scalable software architecture that supports increasing transaction volumes and user numbers.
  • Audit Trail Functionality: Maintain a comprehensive audit trail of all financial transactions, ensuring transparency and accountability.
  • Mobile Accessibility: Access financial data and perform accounting tasks on-the-go with a mobile-friendly interface.
  • Vendor and Customer Management: Efficiently manage vendor and customer information, including payment terms and transaction history.
  • Custom Reporting Tools: Design and generate custom reports to meet specific business requirements, enhancing financial analysis capabilities.
  • Automated Invoice Processing: Streamline invoice generation and processing with automation features, reducing manual workload and errors.
  • Data Import and Export Options: Easily import and export data in various formats, facilitating data migration and integration with other systems.
  • Comprehensive Support and Training: Access extensive support resources and training materials to maximize the software's potential and ensure user proficiency.
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Product Ranking

#50

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#56

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User Sentiment Summary

Excellent User Sentiment 25 reviews
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93%
of users recommend this product

SlickPie has a 'excellent' User Satisfaction Rating of 93% when considering 25 user reviews from 3 recognized software review sites.

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4.8 (3)
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4.7 (17)
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4.5 (5)
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Awards

SlickPie stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award

No awards.

Synopsis of User Ratings and Reviews

Easy Invoicing: Users appreciate the straightforward process of creating and sending invoices, noting that it's simple to customize invoices with their company logo and branding.
Bank Reconciliation: Many users find the bank reconciliation feature helpful, as it allows them to easily match transactions between their bank statements and SlickPie records.
Expense Tracking: Users like the ability to track expenses by category, which helps them gain insights into their spending habits and make informed financial decisions.
Reporting Capabilities: Users find the reporting features useful for generating financial statements, such as profit and loss statements and balance sheets, which provide valuable insights into their business performance.
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Unified Database: User reviews highlight the benefit of Energy Corridor consolidating production, financial, and land modules into a single database. This streamlines data entry, reduces redundancy, and improves the accuracy of reports.
Industry Specific: Energy Corridor is tailored specifically for the oil and gas industry, offering specialized features such as joint interest billing, cash calls, and intercompany accounting, which are essential for businesses in this sector.
Integration: The software seamlessly integrates financial and production accounting into one system. This integration streamlines workflows, reduces manual data entry, and can lead to significant cost and time savings.
Flexibility: Energy Corridor offers flexible deployment options, allowing businesses to choose between a cloud-based solution on Microsoft Azure or an on-premise installation on their own servers.
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Limited Customization: Some users have found that SlickPie's customization options are limited, making it difficult to tailor the software to their specific business needs. For example, they may not be able to create custom reports or modify the layout of invoices to match their branding.
Mobile App Limitations: The mobile app, while functional, lacks some of the features available in the desktop version. This can be a drawback for businesses that need to access and manage their finances on the go. For example, users may not be able to create invoices or reconcile bank accounts from their mobile devices.
Integration Challenges: SlickPie's integration capabilities with other business applications can be limited. This can make it difficult to streamline workflows and automate tasks, especially for businesses that rely on multiple software solutions. For example, users may struggle to connect SlickPie with their e-commerce platform or payment gateway.
Customer Support Issues: Some users have reported issues with customer support responsiveness and quality. This can be frustrating for businesses that need quick assistance with technical problems or account-related inquiries. For example, users may experience long wait times or receive unhelpful responses from support staff.
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Limited Industry Focus: While its a strong fit for oil and gas, Energy Corridor may not cater to the needs of businesses outside the energy sector.
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Is SlickPie the real deal or just a pie in the sky? SlickPie is a free online accounting software that offers a variety of features for small businesses, including invoicing, expense tracking, and financial reporting. While SlickPie is lauded for its free core features, user reviews highlight some key weaknesses. Users often complain about the software's lack of advanced features, such as inventory management and payroll. Some users also find the interface to be clunky and difficult to navigate. SlickPie's free plan is a great starting point for early-stage businesses looking to minimize overhead costs, but as businesses grow, they may need to upgrade to a paid plan or switch to a more robust accounting software. SlickPie's strengths lie in its simplicity and ease of use. Users praise the software's intuitive interface and straightforward features. The software is also highly customizable, allowing users to tailor it to their specific needs. SlickPie's free plan is a major differentiator, as it allows businesses to access core accounting features without any time or user restrictions. This is a significant advantage over other accounting software providers that offer free trials but then require users to pay for a subscription. SlickPie is best suited for small businesses and solopreneurs who are looking for a simple and affordable accounting solution. The software is ideal for businesses that don't require advanced features like inventory management or payroll. However, if a business needs more robust features, they may need to consider a paid plan or a different accounting software altogether.

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How do you account for the lack of recent user reviews for Energy Corridor? While Energy Corridor, a comprehensive accounting software designed for the oil and gas industry, boasts a robust suite of features like multicurrency handling, bank reconciliations, and joint interest billing, it's difficult to gauge user satisfaction from the past year due to the absence of recent reviews. However, Energy Corridor's strength lies in its unified database approach, which streamlines data entry and reporting, as highlighted on platforms like Software Advice. This feature is particularly important for the energy sector, where accurate and efficient accounting is paramount for managing complex transactions and regulatory requirements. Conversely, the lack of readily available pricing information and a free trial option might be a drawback for potential users who prefer to test the software before committing. In contrast, alternatives like Xero and Sage Intacct offer transparent pricing and trial periods, making them potentially more attractive to businesses seeking readily available information. Based on the limited information available, Energy Corridor appears well-suited for junior energy producers seeking a specialized accounting solution tailored to their industry's unique needs. The software's unified database and comprehensive features can potentially streamline financial operations and improve reporting accuracy. However, the absence of recent user reviews and transparent pricing might give some businesses pause. Exploring alternatives like Xero and Sage Intacct, which offer greater transparency and user feedback, is advisable before making a decision.

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