Adagio Accounting was recognized by CFO Tech Outlook as one of the Top Ten Financial Reporting Providers in 2018. Current Adagio users may not be surprised by this, but perhaps there are product features you haven’t considered that could further maximize your investment in Adagio.
Professionals across accounting and finance departments have been dealing with the complexities of lengthy spreadsheets along with complicated reporting and analysis for a long time. Often, these departments lack advanced tools to deal with data, which further makes financial reporting an uphill task that consumes a great deal of time.
Adagio Accounting lightens the data entry load prevalent in an accounting department. It combines completely flexible financial reporting with ease of audit, detail transparency, and document storage in a simple-to-manage and easy-to-deploy package.
Because Adagio Accounting is modular, it can be implemented in stages by organizations. It addresses wholesale distribution inventory management, professional time and billing, along with job costing. A user-defined chart of accounts offers flexibility in setup and reporting. Adagio assures entirely keyboard-driven data entry, facilitating speed and accuracy in high transaction volume applications. Its batch management further eases training and auditability. The software also offers drill-down from a single number on a financial statement all the way to a balanced journal entry and its associated source document, such as a PDF of the vendor invoice. With all your financial information at your fingertips, you are ready to answer those many “quick questions” with “quick answers.”
Adagio maintains reporting flexibility without IT complexity. All external forms — invoices, receipts, credit notes, checks — can be custom designed using a simple drag-and-drop Form Designer and can be further assigned at the customer or vendor level. The accounting suite leverages the computational horsepower of Excel and creates financial statements using a full spreadsheet. Having its own financial report writer with a spreadsheet interface allows Adagio to offer statement control without being exposed to unexpected report failures due to changes made in Excel.
Also, Adagio offers the ability to generate and automate the many disparate reports accounting departments create, simplifying month-end closures.
Adagio also facilitates integration with operational third party software products, to replace weak accounting back-ends, where the operational expertise addresses the market demand, but the accounting functionality lacks.
According to Andrew Bates, President of Softrak Systems, in the future, Softrak’s focus will be on introducing new ways to reduce the data entry load in accounting departments and adding integration with electronic transactions. Softrak will continue enabling high-volume transaction entry, providing robust financial reporting, and allowing management of large inventories of goods with Adagio Accounting.
Are you using Adagio to its full potential? Contact Us and we can discuss what benefits you may be missing out on.