Daxko Accounting Reviews & Pricing

by Daxko | Founded 1998, Birmingham, AL

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Overview Pricing Benefits Reviews Features

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What is Daxko Accounting?

Industry Specialties: Serves all industries

Daxko is a cloud-based software solution for businesses operating in the health and wellness industries. It serves non-profit organizations, YMCAs and JCCs. Organizations can access it from anywhere, anytime, with a stable internet connection. It provides integrated technologies, insights and payment methods.

Businesses can involve employees in budgeting processes to ensure accuracy and accountability. It provides financial management modules and allows users to forecast, make budgets and create account charts.

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User Sentiment

Based on 5 reviews:

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Daxko Accounting Pricing

Based on our most recent analysis, Daxko Accounting pricing starts at $99 (Monthly).

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Starting From: $99
Pricing Model: Monthly
Free Trial: No

Training Resources

Daxko Accounting is supported with the following types of training:

Documentation
In Person
Live Online
Videos
Webinars

Support

The following support services are available for Daxko Accounting:

Email
Phone
Chat
FAQ
Forum
Help Desk
Knowledge Base
Tickets
Training
24/7 Live Support

Daxko Accounting Benefits and Insights

Why use Daxko Accounting?

Key differentiators & advantages of Daxko Accounting

Better Security: Offer web-based software backed with secure modern data infrastructure. Ensure PCI DSS compliance.
Greater Control: Gain control of who can view, access and modify which areas of the system. Allow 24/7 tool access to employees.
Simplify Budgeting: Simplify budgeting and provide visibility into the last year’s budget. Use a forecasting plan for the upcoming year and check year-end finances.
More Accurate: Provide the staff, executives and board with accurate data and built-in reports like cash flows and financial statements.
Greater Transparency: Visualize trends and get insights into accounts with a custom reporting tool that provides visibility across all operations.

Industry Expertise

It’s designed for businesses in the fitness, recreation and athletics industries. Yoga studios and personal trainers can use the solution to maintain their bookkeeping operations.

Daxko Accounting Reviews

Average customer reviews & user sentiment summary for Daxko Accounting:

5 reviews

84%

of users would recommend this product

Synopsis of User Ratings and Reviews

Based on an aggregate of Daxko Accounting reviews taken from the sources above, the following pros & cons have been curated by a SelectHub Market Analyst.

Pros

Intuitive Interface: Users praise Daxko Accounting for its user-friendly design, making it easy to navigate and find the information they need.
Robust Reporting: Daxko Accounting offers a wide range of reporting options, allowing users to generate detailed financial reports for analysis and decision-making.
Streamlined Budgeting: The software simplifies the budgeting process, enabling users to create and track budgets efficiently.

Cons

Limited Features: Some users have expressed that Daxko Accounting lacks certain features commonly found in other accounting software, such as advanced reporting capabilities and budgeting tools.
Learning Curve: A few users have mentioned that the software can be challenging to learn initially, especially for those who are not familiar with accounting software.
Customer Support: There have been some complaints about the responsiveness and helpfulness of Daxko Accounting's customer support team.

Researcher's Summary:

User reviews suggest Daxko Accounting is a solid, if unexceptional, choice for small businesses and startups, particularly those already integrated with other Daxko products. Users praise its ease of use, highlighting how even those new to accounting can navigate the software and manage tasks like budgeting. This simplicity makes it a good option for organizations without dedicated accounting staff. However, some users find its functionality lacking, particularly its lack of payroll integration, which forces them to use multiple software solutions.

While Daxko Accounting offers a decent suite of features, including accounts payable and receivable, general ledger, and robust reporting, it doesn't seem to significantly outperform competitors like QuickBooks or FloQast in any particular area. Its main selling point appears to be its integration with other Daxko products. This seamless integration is particularly valuable for organizations already using Daxko's YMCA or JCC management software, as it streamlines financial processes and reduces the need for manual data entry. However, for organizations not already using Daxko's ecosystem, other accounting software options might offer a more comprehensive or innovative feature set.

Key Features

Budgeting and Forecasting: Create realistic forecasts by involving staff in the budget cycle. View previous budget records and use the comparative study to check year-end finances with forecasting.
Account Receivable: Draft invoices, get payments and manage administrative tasks like goods and services billing. Get statements with one click.
Administration: Access and modify data from anywhere, anytime. Offer a flexible chart of the accounts system. Gain complete control with configurable access and permissions.
Reporting: Create real-time reports and check financial stability by funds, branches or programs. Check budget accuracy and success by auditing the general ledger. Access the required data in specific formats with a custom and in-built reporting system.
General Ledger: Manage invoices, track loan status and create journal entries. Connect bank accounts and reconcile transactions. Save time by avoiding repetitive records, invoices and templates.