FMS Guide – Read our In-Depth FMS Review
FMS Rating: 2.5 / 10
This page contains an independent review of FMS. It is intended for educational purposes only and you are advised to fully investigate FMS beyond the contents of this review to ensure it fits your needs before parting with any money.
All of the information about software you see reviewed on FindBusinessTools come from our partners, some of whom we have an affiliate relationship with. These partners do not control the content on the page beyond providing us with datapoints to ensure that (as far as possible) the information in our database is accurate. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to their users. Our proprietary rating algorithm takes all of the datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare business tools easily and find the best ones for their needs. Any information shown on FindBusinessTools that has not been provided by the company has been obtained from public domain sources.
This FMS review has been updated for 2022 by industry experts with years of business experience across multiple industries and disciplines.
Please note that the content in this FMS review is provided on an as is basis and you should always check with the company to make sure you have the latest information.
FMS Ratings
| Overall Rating | |
| Ease Of Setup Rating | |
| Ease Of Use Rating | |
| Customer Support Rating |
FMS Review for 2022 – Brief Summary
| FMS Telephone Number: | None |
| FMS Email Address: | |
| FMS Address: | |
| Year Founded: | 1977 |
| FMS Highlights: | Mitchell Humphrey & Co. has been providing software and support services to private and public sector clients for over 35 years. Founded in 1977, the company initially developed a suite of financial management software solutions. That product line has been continually re-engineered delivering the latest in technology; while focusing on creating the ultimate user experience for their clients. The current version, FMS III, was released in mid-2014. |
| Hedquarters: | St. Louis,United States |
| FMS Revenue (USD Millions) | Unknown |
| Languages Supported | English |
| FMS LinkedIn: | https://www.linkedin.com/company/mitchell-humphrey/ |
| FMS Employee Count (On LinkedIn): | 30 |
| FMS Top Features: | Send custom invoices, Track income and expenses, Create and manage estimates, |
| FMS Twitter: | None |
| FMS Twitter Followers: | None |
FMS Location
FMS Pricing & Costs
| Plan Name | Price | Duration |
|---|
Our entire FMS Guide covers everything you need to know about using FMS. Great accounting software can not only help your business to become more efficient and thrive but also provide you a platform that can provide you positive profits. If you would like to make profits, you must ensure you are using a good piece of accounting software.
There's absolutely no sure-fire way to guarantee profits; thus, you must carefully assess your accounting software before you select it. It is a common misconception that all accounting software is exactly the same, but that's not correct. Wrong judgment, initially, can set your business in danger.
FMS is a piece of accounting software that has forged its way successfully. In this review of FMS, we've tried to collate a number of the important aspects. This review will allow you to understand whether FMS is a good match for your organization or not. We have tried to breakdown all the qualities and charges for your convenience.
Choosing The Best Accounting Software For Your Business
When deciding whether FMS is the most appropriate accounting software for your business there are 5 things to consider and do to make the right choice:
- Detail Out what you need to achieve from using FMS
- Does FMS achieve your needs as a full Accounting platform?
- Fully research the FMS accounting platform and toolset. Do the FMS tools and resources stack up against your business needs?
- Work out the budget available to implement a new Accounting solution and does the offerings from FMS offer the features you need within the budget.
- Register for a account with FMS. Ask for a callback and demo to finally check that the solution is right for you.
What is FMS?
FMS is a fully functional suite of accounting software provided by Mitchell Humphrey Software and is used by small to enterprise sized organisations.
Mitchell Humphrey Software was started in 1977 in St. Louis,United States
Mitchell Humphrey & Co. has been providing software and support services to private and public sector clients for over 35 years. Founded in 1977, the company initially developed a suite of financial management software solutions. That product line has been continually re-engineered delivering the latest in technology; while focusing on creating the ultimate user experience for their clients. The current version, FMS III, was released in mid-2014.
Does FMS Offer A Free Trial?
Unfortunately FMS does not offer a free trial.
While creating this FMS review we found that it offers a lot of advanced accounting features with its paid plans. You can learn more about some of the FMS Accounting features further on in this FMS review.
Is FMS The Top Accounting Solution In The World?
Accounting suppliers range from 1 man bands to giant conglomerates; There's a whole lot out there. But, when it comes to selecting a professional accounting solution, there are numerous factors that you must consider. To be able to ensure that FMS is the best accounting solution for your company, check out our guide below.
Main Features Of FMS
FMS offers advanced accounting features like:
- Send custom invoices
- Track income and expenses
- Create and manage estimates
FMS Review - General Ledger Features & Rating
| General Ledger Features | Rating |
| Journal Entries |
|
Tags / Dimensions |
|
Audit Trail |
|
FMS Review - Revenue Recognition Features & Rating
| Revenue Recognition Features | Rating |
| Revenue Types |
|
Revenue Allocation |
|
Reclassification |
|
Compliance |
|
Scheduling |
|
FMS Review - Accounts Receivable Features & Rating
| Accounts Receivable Features | Rating |
| Invoice Customization |
|
AR Automation |
|
Collections Automation |
|
FMS Review - Revenue Performance Features & Rating
| Revenue Performance Features | Rating |
| Customer Performance |
|
Contract Performance |
|
Revenue KPIs |
|
Pricing & Discounting |
|
Offering |
|
FMS Review - Accounts Payable Features & Rating
| Accounts Payable Features | Rating |
| AP Automation |
|
Payment Processing |
|
Purchase Orders |
|
FMS Review - Revenue Optimization Features & Rating
| Revenue Optimization Features | Rating |
| Forecasting |
|
Promotion Programs |
|
Pricing Optimization |
|
Re-evaluation |
|
FMS Review - Integration Features & Rating
| Integration Features | Rating |
| Data Import and Export Tools |
|
Integration APIs |
|
Breadth of Partner Applications |
|
FMS Review - Other Functionality Features & Rating
| Other Functionality Features | Rating |
| Inventory Tracking / Ordering |
|
Inventory Pricing and Costing |
|
Inventory Reporting |
|
Multi-Entity / Consolidation |
|
Recognition Rules |
|
Reconciliations |
|
Payroll |
|
Time and Expense |
|
FMS Review - Reporting & Analytics Features & Rating
| Reporting & Analytics Features | Rating |
| Financial Statements |
|
Custom Reporting |
|
Budgeting / Forecasting |
|
Dashboards |
|
FMS Review - Platform Features & Rating
| Platform Features | Rating |
| Customization |
|
Workflow Capability |
|
User, Role, and Access Management |
|
Internationalization |
|
Performance and Reliability |
|
Output Document Generation |
|
FMS Review - Budgeting & Forecasting Features & Rating
| Budgeting & Forecasting Features | Rating |
| Budgeting / Forecasting |
|
Alternatives To FMS
Looking for an alternative to FMS?
Tons of people want accounting software to aid their business goals. What is difficult is finding out whether or not the software you choose is right for you. We have compiled a list of other accounting solutions that our reviewers voted best overall compared to FMS. Based on thousands of datapoints, you can see how FMS stacks up to their competitors, and find the best fit for your business.
The Top FMS Alternatives Are Listed Below