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Validis Review

Validis
Our score: 8.0 User satisfaction: 100%

What is Validis?

Validis is a cloud-based business solution designed and developed exclusively for lenders and auditors. The software links users to the financial applications and systems of their clients and retrieves all their financial information, including history, bank accounts, credit scores, and more. Validis significantly speeds up the information process and reduces the face time between lenders/auditors with their clients.

With Validis, extraction of financial information is fast and hassle-free and is secured from human intervention. For lenders, Validis streamlines all their processes involving loan origination and covenant monitoring. Auditors are able to perform their functions as Validis gives them access to real-time financial data of their clients without compromising transparency and security.

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Overview of Validis Benefits

Lenders and auditors today are faced with many challenges, specifically with the access to the financial data of their clients as well as their quality and validity. Validis is designed and created to help lenders and auditors overcome such challenges and streamline their workflows so that they can focus on providing the best services to their customers, from making quick and confident lending decisions to generating detailed, accurate, and insightful audit reports.

Validis connects easily and seamlessly to popular financial and accounting applications and systems, including QuickBooks, Sage, and Microsoft Dynamics GP. Once connected, data extraction of the client’s complete financial history is done within minutes. Fast data access allows lenders to expedite the client’s onboarding process. Auditors love how Validis speeds up their PBC request and receipt process.

Lenders will appreciate how the financial transparency provided by Validis allows them to generate automated covenant monitoring and alerts as well as access information found on invoices and collection documents. For auditors, this financial transparency empowers them to perform continuous audit monitoring. On top of that, Validis lets them standardized reports and integrate a drill down functionality.

All information processed within Validis’ system is protected by top class, bank-grade AES 256 bit patented data encryption. This ensures that all financial data are secured from unauthorized access with zero client-side footprint.

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Overview of Validis Features

  • Income Statement
  • Balance Sheet
  • Cash Flow Statement
  • Trial Balance
  • Aged Receivables Report
  • Receivables Movement Report
  • Aged Payables Report
  • Payables Movement Report
  • Full General Ledger Report
  • Full Journal Entries Report
  • Full Transactional History
  • Double Entry Level Drill Down Functionality
  • End User Reconciliations
  • Covenant Reports
  • Sales Invoice Reports
  • Full Audit Preparation Pack
  • Monthly Management Accounts

What Problems Will Validis Solve?

Getting financial data

Validis automated the extraction of data, saving you significant time and resources. The system connects directly to your client’s financial application and gets all the financial information in minutes without risking human interference and intervention.

Standardizing the data

Valids simplifies data formatting processes using their unique algorithms to scan data for errors and anomalies. This speeds up the creation of uniform, standardized reports.

Compiling the data

Manual compilation and review of data is time-extensive. Validis expedites the process with automated data analytics that you can access via a secure and unique pluggable feed or online portal. Validis creates a comprehensive set of financial reports that gives your clients financial details down to the double-entry level.

Validis Position In Our Categories

Knowing that businesses have particular business-related demands, it is sensible that they avoid choosing a one-size-fits-all, ”best” software product. Regardless, it would be almost impossible to try to find such an app even among sought-after software systems. The better thing to undertake would be to spell out the different chief factors which entail scrutiny like critical features, packages, skill levels of staff, organizational size, etc. After which, you must double down on your product research fully. Go over some Validis analyses and explore each of the software systems in your list in detail. Such detailed research guarantee you weed out ill-fitting applications and select the one which includes all the function your company requires to realize efficiency.

Position of Validis in our main categories:

TOP 500

Validis is one of the top 500 Accounting Software products

There are popular and widely used applications in each software category. But are they essentially the best fit for your enterprise’s specific wants? A trendy software product may have thousands of users, but does it present what you need? For this reason, do not blindly spend on popular systems. Read at least a few Validis Financial Reporting Software reviews and mull over the aspects that you desire in the software such as the fees, main functionality, available integrations etc. Then, choose a few solutions that fit your wants. Try out the free trials of these apps, read online reviews, get clarifications from the vendor, and do your research thoroughly. This in-depth groundwork is sure to assist you find the best software application for your organization’s specific wants.

How Much Does Validis Cost?

Validis Pricing Plans:

Free Trial

Quote-based Plan

Contact vendor

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What are Validis pricing details?

Validis Pricing Plans:

Free Trial

Quote-based Plan

Contact vendor

Contact Validis for enterprise pricing information and other product details. You can also submit a request for a demo to see if the software is a perfect fit for your business.

User Satisfaction

Positive Social Media Mentions 5
Negative Social Media Mentions 0

We know that when you choose to buy a Financial Reporting Software it’s important not only to find out how experts evaluate it in their reviews, but also to check if the actual users and businesses that bought these solutions are genuinely satisfied with the service. That’s why we’ve devised our behavior-based Customer Satisfaction Algorithm™ that collects customer reviews, comments and Validis reviews across a broad array of social media sites. The information is then displayed in an easy to digest way indicating how many people had positive and negative experience with Validis. With that information available you should be ready to make an informed buying choice that you won’t regret.

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Technical details

Devices Supported

  • Windows
  • Web-based

Deployment

  • Cloud Hosted

Language Support

  • English

Pricing Model

  • Quote-based

Customer Types

  • Small Business
  • Large Enterprises
  • Medium Business

What Support Does This Vendor Offer?

  • email
  • phone
  • live support
  • training
  • tickets

What integrations are available for Validis?

Validis integrates with the following business systems and applications:

  • Acomba
  • Avantage
  • Microsoft Dynamics NAV
  • Microsoft Dynamics GP
  • Intuit QuickBooks
  • Intuit QuickBooks Online
  • Sage ACCPAC
  • Sage 50 (Peachtree)
  • Xero
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Louie Andre

By Louie Andre

B2B & SaaS market analyst and senior writer for FinancesOnline. He is most interested in project management solutions, believing all businesses are a work in progress. From pitch deck to exit strategy, he is no stranger to project business hiccups and essentials. He has been involved in a few internet startups including a digital route planner for a triple A affiliate. His advice to vendors and users alike? "Think of benefits, not features."

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