Acumatica Accounts Payable vs Cradle

Acumatica Accounts Payable is a financial-management application in Acumatica Cloud ERP for capturing vendor invoices, handling approvals and payments, and keeping accounting and audit records. It uses OCR and AI/ML to extract information from PDF invoices and email attachments and create AP documents. Configurable workflows can apply vendor defaults, payment terms, tax rules, account settings, and purchase-price tolerances. Payments can be prepared singly or in batches, with ACH export in NACHA and CPA-005 formats. The application supports foreign-currency invoices, automatic currency triangulation, realized gain or loss calculations, and reporting across companies with different base currencies. It records transaction history, including who entered or changed records, and supports attached notes and electronic documents. AP connects with purchasing, inventory, projects, taxes, cash management, and the General Ledger. The web-based ERP can be deployed on-premises, in a data center, or on a cloud platform; native mobile apps are available for iOS and Android. Pricing is custom, based on applications, usage, resources, and deployment preferences.

Cradle is a web-based system for automating lease accounting and compliance reporting. It supports IFRS 16, ASC 842, GASB 87, GASB 96 and FRS 102, and handles lessee, lessor and sublease accounting. The software calculates present values, accounts for modifications, prepares journal entries and generates required reports. Reports can cover one agreement, a company or a consolidated organization, with balance sheet, income statement, cash flow and disclosure options. Users can enter foreign exchange rates for converting leases into the applicable functional currency. Cradle can mirror a customer's general ledger and cost-center setup so accounting data can be exported into that system. Lease data may be entered manually, uploaded with a bulk template, migrated from Excel or moved through a custom engineering solution. Custom fields can be searched, stratified and exported. The Small Plan costs $99 a month for up to 10 agreements; the Regular Plan costs $199 a month for up to 20 leases. Both plans allow unlimited users and include no training. Cradle offers a 30-day trial and says it provides 24/7 support, guides and videos.