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The 2011 Top New Products

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02/01/2011

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It hasn't quite been a year since our last report, but rest assured this year's list - though somewhat abridged in comparison - is equally indicative of what we believe to be the best new accounting and accounting-related products. And even though we may not mention certain categories, such as mobile applications or ERP, that doesn't mean there's nothing exciting happening in those areas -we just didn't see any individual products in these, or other areas we may not have mentioned, that warranted an award.

We did, however, find a few products that are worth keeping an eye on. For example, in mobile applications, Mobile CS from Thomson Reuters gives Practice CS users access to key firm and client data on a variety of Apple mobile devices, including the iPhone and the iPad. And while we haven't seen a major revolution in the ERP category over the past year, we thought the latest version of Sage ERP X3 promises to make a significant impact on the mid-to-upper-level ERP market.

We will continue to search for the latest and greatest in accounting technology developments, and hope you find this year's list useful and rewarding.

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AP/AR

Zen

Bill.com

www.bill.com

Handling invoices and payments without the use of paper is becoming more commonplace for small and midsized businesses and CPAs alike. Bill.com has proved to be an attractive solution, and this year took it one step further with its Zen or the Zero Entry Data bill management system. Zen allows users to fax, e-mail or upload bills into their Bill.com account. Bill.com then records the invoice information and synchronizes with the users' accounting system, so there is no need to manually enter bill information ever again.

An honorable mention goes to Taxport AP (Convey Compliance Systems Inc.), a cloud-based turnkey solution for 1099 processing and tax reporting.

 

Auditing

PPC's Smart Practice Aids - Field Work

Thomson Reuters

http://ria.thomsonreuters.com

Our winner in the Auditing Category is the latest addition to Thomson Reuters' PPC Smart Audit Suite. The PPC Smart Practice Aid - Field Work ties the whole audit process together, with a navigator that guides staff through the engagement from beginning to end, a dashboard that displays status at a glance, and an Audit Design Program to tailor the audit to the engagement's specific risks. It automatically shares data throughout the engagement, and allows you to manage the whole show within the Smart Audit Suite.

 

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