PAYCYCLE 2007 The two service options in the PayCycle Accounting Professional Program include the PayCycle Wholesale Service, which allows accountants to use PayCycle's online processing as their firm's back office while giving them control over the workflow or giving clients the ability to enter hours.
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Accountants also can recommend the PayCycle Client Retail Service to small business clients and minimize firm involvement. Clients use PayCycle, but the practitioner retains real-time access to data and the ability to export payroll information to programs such as QuickBooks.
Price: $14.99 to $42.99 per month (up to five employees); 25 cents to $1.50 per month per additional employee. PayCycle: (866) 729-2925.
MYOB PREMIER ACCOUNTING
The Windows and Mac editions of the MYOB Premier Accounting Small Business Suite 2007 fix bank statement errors with an Undo Reconciliation feature that can make all entries that were reconciled on a particular date revert to their previous status.
The Create PO button in the Sales Order screen and Sales Register generates a purchase order from a sales order or quote, eliminating the need to recopy information. The Premier Accounting Card file syncs with Outlook to keep contact files updated.
Price: $299 single-user license; $149 each workstation license. MYOB: (800) 322-6962.
BuinessWorks 7 integrates with Sage Payroll Services and provides the option of in-house or hosted, outsourced services.
Users now can efile payroll tax returns and track electronic payments. Selection of ship-to addresses for customers and vendors is automated within the Purchase Order entry system, which populates appropriate fields. Print-n-Sign forms are available for federal and state tax filing and the Copy Parts function expedites copying of several fields from an existing item, including Part Description and Comments.
Price: $3,994 (five users); $625 additional modules. Sage Software: (866) 308-2378.
CAPTARA REAL ESTATE LEASE MANAGEMENT
Captara's Lease Management feature tracks and manages contracts and associated activity for all company subsidiaries and divisions.
The application incorporates FAS 13 lease classification and reporting to ensure compliance with Sarbanes-Oxley and Financial Accounting Standards Board regulations, such as classification based on lease type and proper recognition of rent, when the lease term contains rent holidays and other landlord incentives. It also contains an audit trail of data changes, lease termination and renewal processing and support, and sublease tracking and reporting.
Price: Starts at $25,000. Captara: (415) 995-2040.
EPICOR INFORMATION WORKER
Epicor Software delivers its enterprise resource planning applications on the 2007 Microsoft Office System through Epicor Information Worker.
Epicor IW utilizes Office to provide desktop productivity tools to financial applications users, who can also synchronize Outlook contacts, appointments, and tasks with Epicor applications and with sales history, inventory levels, and production schedules by searching and dragging the information from the Epicor Task Pane to fields on a Word document or Excel spreadsheet.
Price: Starts at $2,500. Epicor Software: (800) 999-6995.
Everest Software's Professional and Enterprise packages for Everest Advanced feature Everest's base business management functionality.
These include accounting, e-commerce, CRM, inventory management, order management and fulfillment, and POS-combined with options most frequently purchased by organizations of certain sizes and stages of growth. For example, the Enterprise package, which starts at 17 seats, includes support for multiple companies. The Professional edition starts at seven seats.
Price: $6,500 (two seats); $1,500 each additional seat. Everest Software: (703) 234-6600.
MORNINGSTAR PORTFOLIO BUILDER
Portfolio Builder's step-by-step workflow prompts advisers to capture client data, determine risk tolerance, identify an appropriate asset allocation, construct a recommended portfolio, and create a presentation document.
The Web-based tool mitigates compliance risks by standardizing firms' approach to risk profiling, asset allocation, and investment selection. Portfolios created are reviewed by the National Association of Securities Dealers. Firms can use standard risk-tolerance questions and asset-allocation models or create custom versions.
Price: Starts at $1,000 per seat (25 users). Morningstar: (312) 696-6502.
POINT & CLIQUE 5.2
Version 5.2 of the Point & Clique content management system enables Web site administrators to quickly learn how to populate their sites and to execute links across the site to news, white papers, events, and RSS feeds.
Custom search engine optimization indexes keyword frequency by percentage. Web administrators decide who can access and edit data on the site.
Price: Starts at $40,000. Greenfield Belser: (202) 775-0333.
VALUSOURCE RMA VALUATION EDITION
An enhanced version of the RMA Annual Statement Studies, developed by ValuSource, offers information for benchmarking financial statements.
RMA VE includes the effects of regional economic activity in valuation analysis by testing against industry norms that most closely match each company's geography. Users can view historical growth rates by industry and show clients both percentages and real dollar values when assessing an income statement or balance sheet. It also includes an Excel-based tool for users to conduct their own analysis.
Price: $665. ValuSource Software: (800) 825-8763.
NETSUITE EMPLOYEE RESOURCE MANAGEMENT
NetSuite Employee Resource Management automates and centralizes employee management and self-service by allowing workers to enter expense reports and purchase requests, track time by project, and access HR-related documents, such as benefits and company polices, through the online NetSuite Employee Center.
Customizable workflows enable managers to approve requests, while data flows to payroll, billing, and the general ledger automatically. The ERM tool integrates with the company's suite of applications.
Price: $49 per month (five users). NetSuite: (650) 627-1000.
TOTAL INVOICE MANAGEMENT
This product is an extension to the Xign Business Settlement Network. It eliminates the need for paper invoice processing and expands the early payment discount program to suppliers submitting paper invoices.
Total Invoice Management enables paper-to-electronic invoice conversion without in-house imaging systems. Companies also can integrate their existing imaging systems with Xign to consolidate all invoice processing, compressing the invoice approval cycle to less than 72 hours on average, according to Xign.
Price: Starts at $60,000 per year. Xign: (925) 251-4532.
WEB SITES THAT WORK
A book from Logical Expressions aims to demystify the world of e-commerce and includes tips to help business owners make good choices when putting up a Web site.
"Web Business Success: The Entrepreneur's Guide to Web Sites That Work" explains how to decide whether to outsource the project to a consultant, screen and negotiate with Web developers and designers, market the site, and keep visitors coming back.
Price: $29.95. Logical Expressions: (208) 265-6147.
The Insurance Automation Group's Web-based iAutomate: SmartForms technology converts paper-based forms into computer-based documents and integrates them with any database to directly import information, speeding the creation of forms that need to be replicated multiple times.
Users scan existing forms and convert them to PDFs. Then they import the PDFs into SmartForms and can work with them in typewriter mode to type text directly into the forms. They also can adjust color, font, and formatting.
Price: Starts at $3,000 (five users). Workgroup Technology Partners:
LINKMAESTRO FOR SAGE
Centage provides LinkMaestro, a data integration tool for Sage Software mid-market ERP and small business accounting applications. Releases for Sage MAS 90 and MAS 200 will be followed by those for MAS 500 ERP, Accpac ERP, and Peachtree.
LinkMaestro transfers financial information from these applications into Centage's Budget Maestro budgeting and forecasting application, improving accuracy by eliminating manual data transfer and speeding monthly account closing.
Price: $1,995. Centage: (800) 366-5111.