NetSuite ERP NetSuite has introduced revenue recognition, allocations, advanced budgeting, and multi-currency capabilities for its NetSuite ERP.
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Users can allocate costs by GL account, class, department, or location, and can set up a recurring allocation schedule. NetSuite also added multiple budgets for tracking different scenarios, the ability to create new budgets from existing budgets or from actual results, and more customizable budget reports, along with the ability to work on budgets offline in a spreadsheet that can be imported into NetSuite.
Price: $199 per month for Advanced Financials; $449 per month for revenue recognition. NetSuite: (650) 627-1000.
PracticeMaster 12's redesigned email gives users the ability to access email client address book, use Cc: and Bcc: fields, and define and assign signatures.
A DropBox has also been added, serving as a temporary holding area for reports that are output as PDF files. It can also be used as a temporary holding area for any type of file, including word processing text, graphic, video, and audio files. Files in the DropBox can then be emailed, saved as well as dragged, or copied to another location.
Price: Starts at $150. Software Technology: (402) 423-1440.
Bi-directional CPAClient Write-Up/Peachtree integration imports detailed transactions and employee and AP checks from Peachtree into CPAClient. Additions and corrections can be exported back to Peachtree.
This connection maintains consistency and comparability between both sets of books, and minimizes interruption to the accountant/client workflow. Also, the Attendance feature in CPAPayroll imports timesheet earnings, and other pay earnings and deductions tracked in any other software, directly into CPAPayroll as attendance entry batches.
Price: $1,285, write-up; $995, payroll. Best Software: (866) 308-2378.
Accpac CRM 5.7
Accpac CRM 5.7 includes a new Web Services interface, global document library, and quote and order entry capabilities.
The document library shares corporate documents with all users of the system. Accpac CRM users can secure, share, and maintain items such as internal corporate presentations and templates, along with the ability to use this content as part of personalized emails and marketing campaigns.
Emails received by a CRM user from a customer/prospect can be related to the appropriate contact, cases, and opportunities. Also, automatic scheduling synchs with contacts, tasks, and appointments on login to Outlook, on logout from Outlook, or manually initiated by the user as needed.
Price: $1,500. Best Software: (866) 308-2378.
With ProVantage 7.1, users scan, store, and retrieve accounting documentation such as vendor invoices, checks, credit memos, write-off receipts, bank records, and other back-up documents.
ProVantage Imaging can capture when users enter invoices and receipts and create annotations, and stores the scanned images. Users can retrieve and print documents, and when needed, bundle images with invoices when printing client bills. This functionality is available within the ProVantage accounts payable, accounts receivable, costs, and billing modules.
Price: $2,075 for 25 professionals. ProVantage Software: (800) 843-2188.
QDA+ integrates and analyzes QuickBooks data files, including a company's demographic profile, program preferences, general ledger, and financial data.
QDA+ conducts more than 100 tests and queries on a company's data file and reports the problems encountered, their likely causes, the implications of these problems for various aspects of the company's accounting and management process, and the consultant's recommendations for correcting the problems.
Price: $45 per analysis. QDA Systems: (800) 796-5005.
Financial Analysis Solution
Creative Solutions' Financial Analysis Solution enables accountants to compare the financial data of two or more of their clients' businesses.
Accountants can benchmark their clients' financial positions in relation to similar companies or to an industry standard. Users can filter clients based on user-specified criteria, such as industry code or annual revenue. The initial release, available via a Web installation, enables users to report on the financial position of a client compared to one or more Financial Analysis Solution clients, a group of similar businesses, or an industry standard.
Price: Starts at $600. Creative Solutions: (800) 968-8900.
Elite Records Manager
Elite Records Manager helps implement retention schedules to meet firms' information needs and comply with document retention legislation.
When a document is created, it is assigned a record series category that dictates how long the document must be retained to meet statutory guidelines.
Records Manager works with other components of Thomson Elite such as conflicts, workflow, case marketing, and financial management; to ensure record management requirements are followed. The information flows directly into the financial module for billing and cost recovery.
Price: Starts at $125 per timekeeper. Thomson: (323) 642-5200.
The Consultant's Partner, time and billing software, manages customers, creates, prints, and emails invoices, creates recurring billing cycles, and generates productivity reports.
Clients can be billed automatically at regular intervals. The program can track time spent on a client and generate a time invoice. It also lets the user keep a history of client-related invoices, payments, adjustments, and balances. To organize work, the user can take client-related notes, schedule meetings, appointments, phone calls, and track travel expenses.
Price: $195. ON-Q Software: (800) 553-2862.
HROffice 6.0, now based on Microsoft SQL Server, provides benefits management, online benefits enrollment, and connectivity to payroll providers and insurance carriers.
Report wizard features have EEO-4 and beneficiary reports, and a remittance report has been added to help support consolidated billing.
Payroll connect has a new user interface and Web services can remotely connect with payroll solutions over the Internet.
Also, employees can be filtered within various wizards by hire date, termination date, next review date, benefit plans, pay period, and by self-service status.
Price: Starts at $1,000. Ascentis: (800) 229-2713.
PaperSave, an electronic storage system, helps users secure, control, and retain documents. Source documents are saved as images alongside each transaction or record, so that users can gain on-screen access to any image without searching through mounds of paper in cabinets or files.
It also addresses the issues of disaster recovery, data security, and document retention. The application works within Microsoft's Great Plains and Blackbaud's Financial Edge and Raisers Edge.
Price: $2,000. Solutions
Tabs3 Version 12
The Collections Report inTabs3 Version 12 assists with the collection of receivables. A summary collection report identifies clients who may require additional collection efforts and includes the total amount billed, amount paid, percentage paid, and amount due for outstanding invoices.
Courtesy Discount reporting now shows Courtesy Discounts as separate amounts on productivity reports and separates them from the Write-Down amounts, providing a better idea of what was manually written down and what was discounted.
Price: Starts at $295. Software Technology: (402) 423-1440.
A subscription to the ASP-based NaviPlan Central subscription includes online and offline access, training resources and technical support, annual software updates and enhancements, updates for legislative changes, as required and quarterly updates for Ibbotson asset classifiers and return rates.
With NaviPlan Central, firms can specify a level of planning for each advisor, based on their needs and skill sets. This enables firms to manage transition and have a high-level advisor adoption.
Price: $995. EISI: (888) 692-3474.
Actuate Financial Performance
The Web-based Actuate Financial Performance Management generates real-time reports for department employees.
The software pulls information from finance, human resources, revenue, and budgeting and forecasting databases to create on-demand reports.
Managers can verify and validate their departments' expenses without waiting for a monthly report from finance.
The system also monitors activities, forecasting or discrepancies, and offers information on who has reviewed the company's data, what data and when, as well as textual annotations to explain expenses and purchases.
Price: Starts at $150,000 for a 50-user license. Actuate: (888) 422-8828.