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.
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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
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FMS Review for 2022 – Brief Overview
| FMS Telephone Number: | None |
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| 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
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Our full FMS Review covers all you will need to learn about using FMS. Good accounting software can not only help your business to become more efficient and thrive but also provide you a platform that can give you positive profits. If you want to make profits, you must ensure you are using a good piece of accounting software.
There is no sure-fire method to ensure profits; thus, you must carefully analyze your accounting software before you select it. It is a frequent misconception that all accounting software is exactly the same, but that's not correct. Wrong judgment, in the beginning, can put your business in danger.
FMS is a piece of accounting software that has found its way successfully. In this review of FMS, we've attempted to collate some of the vital aspects. This review can help you to understand whether FMS is a good match for your company or not. We have attempted to breakdown all the qualities and fees for your advantage.
Choosing The Best Accounting Software For You
When deciding whether FMS is the best 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 suit your needs as a full Accounting platform?
- Fully understand the FMS accounting platform and tools. Do the FMS tools and resources stack up against your business needs?
- Decide the budget available to implement a new Accounting solution and does the solutions from FMS offer the features you need within the budget.
- Sign up for a account with FMS. Ask for a callback and demo to completely check that the software is right for you.
What is FMS?
FMS is a fully functional piece of accounting software developed by Mitchell Humphrey Software and is developed for small to enterprise sized organisations.
Mitchell Humphrey Software was established 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?
Sadly 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 Best Accounting Solution For Your Business?
Accounting providers vary from one man bands to giant companies; There is a lot out there. But, when it comes to selecting a good accounting solution, there are several considerations that you must consider. In order to make sure that FMS is the corrrect accounting solution for your company, take a look at our guide below.
Main Features Of FMS
FMS offers comprehensive 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 |
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Tags / Dimensions |
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Audit Trail |
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FMS Review - Revenue Recognition Features & Rating
| Revenue Recognition Features | Rating |
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Revenue Allocation |
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Reclassification |
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Compliance |
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Scheduling |
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FMS Review - Accounts Receivable Features & Rating
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| Invoice Customization |
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AR Automation |
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Collections Automation |
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FMS Review - Revenue Performance Features & Rating
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Contract Performance |
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Revenue KPIs |
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Pricing & Discounting |
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Offering |
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FMS Review - Accounts Payable Features & Rating
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| AP Automation |
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Payment Processing |
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Purchase Orders |
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FMS Review - Revenue Optimization Features & Rating
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| Forecasting |
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Promotion Programs |
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Pricing Optimization |
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Re-evaluation |
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FMS Review - Integration Features & Rating
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| Data Import and Export Tools |
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Integration APIs |
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Breadth of Partner Applications |
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FMS Review - Other Functionality Features & Rating
| Other Functionality Features | Rating |
| Inventory Tracking / Ordering |
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Inventory Pricing and Costing |
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Inventory Reporting |
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Multi-Entity / Consolidation |
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Recognition Rules |
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Reconciliations |
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Payroll |
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Time and Expense |
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FMS Review - Reporting & Analytics Features & Rating
| Reporting & Analytics Features | Rating |
| Financial Statements |
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Custom Reporting |
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Budgeting / Forecasting |
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Dashboards |
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FMS Review - Platform Features & Rating
| Platform Features | Rating |
| Customization |
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Workflow Capability |
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User, Role, and Access Management |
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Internationalization |
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Performance and Reliability |
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Output Document Generation |
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FMS Review - Budgeting & Forecasting Features & Rating
| Budgeting & Forecasting Features | Rating |
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Alternatives To FMS
Looking for an alternative to FMS?
Tons of businesses want accounting software to help with business goals. What's 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 matches up to their competitors, and find the best fit for your business.
The Top FMS Alternatives Are Listed Below