Accounting Software Solutions

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What is Accounting Software?

Accounting software is used to record and report a business’s financial transactions to provide accurate, insightful, and comprehensive financial information to drive business decisions.

Do I Need Accounting Software?

Every business needs to have an accurate way to maintain their financial data. The software you choose will depend on your business model and it must be agile enough to service your needs as your business grows and financial reporting needs change. Before you implement a system, look at the software options available and strategically determine your reporting and analytical needs now and in the future.

What Benefits Will Accounting Software Provide?

  • Detailed tracking of financial transactions
  • Better understanding of your organization’s strengths and weaknesses
  • Automated reporting and analysis
  • Decrease of manual tasks reducing staff time
  • More accurate financials for audit preparation
  • Quicker decision-making process through timely reporting
  • Less manual spreadsheets used outside of the system

Types of Accounting Software

There are many accounting software packages, from off-the-shelf options for small to mid-size businesses to more complex customized offerings. Consider if you need an on-premises software, hosted software, or if you can benefit from cloud-based options. Pricing options will range from subscription-based, per-user fee, or tiered rates based on service levels.

Sage Intacct is a cloud-based ERP system that can be customized to your business needs. The flexibility and automation of the software can reduce your reliance on spreadsheets and give you greater visibility into your real-time business performance. Advanced financial management capability is built in with modules for consolidations, project accounting, multi-currencies, revenue recognition, inter-company transactions and more. All of this enables finance professionals to increase efficiency and run your day-to-day business better. Sage Intacct can be customized to work in any industry.

Sage 50cloud Accounting (formerly Peachtree) gives you a small business solution that helps you take care of all your financial needs. Choose from Pro Accounting, Premium Accounting, and Quantum Accounting levels. Sage 50cloud is also applicable to small contractors for job costing, project management, and payroll. It allows you to automate your business processes and save time on everyday financial transactions, while giving you all the information you need to make essential business decisions.

Designed for companies that do not have an accountant on staff, CBS helps both cash- and accrual-basis clients manage their daily check writing, transaction recording, and business reporting needs. CBS is a full-featured bookkeeping software that follows accounting principles and has advanced capabilities such as online banking as well as vendor and payroll direct deposit.

QuickBooks software is built for small businesses with an option of an online or desktop version. Depending on which level of software you purchase, QuickBooks can help you stay coordinated with your bank, track your income and expenses, send professional invoices, and manage and pay your bills. There are automatic backups and security features built in.

Sage 100 Contractor is best suited for contractors and sub-contractors to track profitability by job including bonding reports required to report proper work-in-progress. This software includes scheduling, project management, equipment management, payroll and accounts payable, accounts receivable, and general ledger. This software can help your business make more effective use of its time through project tracking, reducing expenses through job costing, and the timelier collection of payments through simplified billing.

Does Your Business Need a More Comprehensive Technology Solution?

SVA Consulting offers a full line of technology solutions for enterprise organizations needing more advanced automation, capabilities, and scalability.

Go to SVAconsulting.com

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Services Offered: How SVA Can Help

Business professionals need easy access to information to make timely decisions. SVA has what you need, when you need it. Choose a topic below or just contact us directly. Our expertise is ready anytime you need it.

Implementing, upgrading, or changing your accounting software is a big decision that requires a comprehensive review of your current and future needs. Using our knowledge of various software options, we can recommend the best option to fit your budget and financial reporting needs.

In your current environment, you may have staff shortages or are looking for ways to streamline processes. Whether you need a little back-office support or a full-service accounting option, SVA can create a tailored solution to meet your needs. Our outsourced accounting staff has years of experience providing bookkeeping and back-office support. Choose your level of support based on your current needs.

Learn more about our outsourced accounting services.

As your business evolves, so should your financial reporting processes. SVA will review your current processes, discuss future needs and map out recommendations. Using our project management expertise, we will train staff, build out financial reports and manage the process to keep you on track. We will ensure your procedures are documented and provide as much (or as little) ongoing support that your team needs.

Learn more about our accounting services.

Resources

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Accuracy and Automation: Best Practices to Make the Most of Your Financial Reporting Process

In this eGuide, our SVA team will share their experiences helping business owners analyze their needs and provide insightful recommendations so you can spend less time on your accounting processes.

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Awards and Affiliations

Forbes Names SVA as 2021 America's Best Accounting Firms
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Locations

Madison, WI
1221 John Q Hammons Dr, Suite 100
Madison, WI 53717
(608) 831-8181

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18650 W. Corporate Drive, Suite 200
Brookfield, WI 53045
(262) 641-6888

Colorado Springs, CO
PO BOX 62786
Colorado Springs, CO 80962
(719) 413-5551

Contact

(888) 574-4782
info@SVAaccountants.com
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