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BMSI Fund Accounting

BMSI Fund Accounting

4.1 (7)
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What is BMSI Fund Accounting?

This intuitive yet powerful accounting system takes the complexity out of entering, maintaining, tracking and reporting detailed financial data. The combination of visually appealing data entry screens, well-defined user features, and quick access to on line help make data management easy. Manage financial strategies with on demand, system compiled budget information, including actual current to budget position comparisons.

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How much is BMSI Fund Accounting?

Starting From:
$3000 One Time
Pricing Model: Per User
  • No free trial
  • No free version

BMSI Fund Accounting Features

What solutions does BMSI Fund Accounting provide?

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BMSI Fund Accounting Reviews

Showing 5 of 7 reviews
Overall
4.1
Ease of Use
4.0
Customer Service
5.0

Most Helpful Reviews for BMSI Fund Accounting

Brenda W.
Finance Manager
Primary/Secondary Education, 11-50 employees
Used the software for: 2+ years
Overall Rating
4.0
Ease of Use
4.0
Customer Service
5.0
Features
3.0
Value for Money
5.0
Likelihood to Recommend
9/10
Reviewer Source
Source: Capterra
April 15, 2022

"Works well"

Overall: It makes it easy to see what we have left to spend in our budget at any time.

Pros: It does a good job with tracking Encumbrances and Budgets

Cons: Can't just click on an item (account or vendor) and see the detail. Bank reconciliations are cumbersome because payroll doesn't integrate in automatically.

Reasons for Choosing BMSI Fund Accounting: QuickBooks does not handle encumbrances or separate funds well.
Reasons for Switching to BMSI Fund Accounting: It was impossible to get any useful information from it

Vendor Response

By Business Management Systems on April 19, 2022
The latest version, which is web based has a more tighter integration with payroll and a much more robust bank reconciliation system.
Amy B.
Financial Supervisor / HR
Government Administration, 51-200 employees
Used the software for: 2+ years
Overall Rating
4.0
Ease of Use
4.0
Customer Service
5.0
Features
4.0
Value for Money
4.0
Likelihood to Recommend
9/10
Reviewer Source
Source: Capterra
March 11, 2019

"Pros and cons with BMSI"

Pros: I work with the payroll, accounts payable and fund accounting. The programs are easy to work with, I am not the most knowledgeable person on computers but I have been using these programs for the last 15 years. When issues or errors happen, the support help I have received has been great. They take the time to go into the program with you and help resolve the issue along with explaining to you what was done.

Cons: I have windows 10 and lately I have has a problem signing into the software. I have contacted our tech support and they tell me that it is the BMSI program. I have to log off my computer several time through out the day in order to sign into the program.

Mary M.
Bookkeeper
Government Administration, 11-50 employees
Used the software for: 1-2 years
Overall Rating
3.0
Ease of Use
3.0
Customer Service
5.0
Features
2.0
Value for Money
3.0
Likelihood to Recommend
5/10
Reviewer Source
Source: Capterra
April 12, 2022

"Review"

Overall: The support is good, but would really like some in person training. Zoom and remote help for specific problems is ok, but I would like to attend a training that is designed for new users.

Pros: I like the features of the payroll system.

Cons: I don't want my experience to paint a poor picture for the software. I started working here about 4 months into the pandemic and therefore was unable to participate in any face to face training. I would really enjoy being able to meet face to face for training.

Vendor Response

By Business Management Systems on April 13, 2022
BMSI suspended all face to face contact including individual and group training during the pandemic in order to keep our users and employees safe. In person meetings will be resumed when it is safe. We currently offer group webinars on timely topics and individual training to users over the Internet using "GoToMeeting"as part of your subscription. The review said that you liked the payroll features, but there were evidently some that you indicated were missing. We would appreciate knowing what the system lacks. The system currently includes reports and electronic filing for all federal and state tax requirements as well as those for state retirement and ACA. The system handles "payroll by exception", departmental allocation of time and benefits, direct deposit, electronic time clocks, multiple pay rates per employee including shift differentials depending upon classification. The system tracks attendance, vacation, sick, comp and personal time.
Gloria K.
Finance Mgr
Government Administration, 51-200 employees
Used the software for: 2+ years
Overall Rating
5.0
Ease of Use
4.0
Customer Service
5.0
Features
5.0
Likelihood to Recommend
10/10
Reviewer Source
Source: Capterra
April 18, 2022

"BMSI Software Review"

Pros: The software is easy to use and functions very well for local Goverment

Cons: I wish it would merge better with an excel program.

Vendor Response

By Business Management Systems on April 25, 2022
Thank you for your comments. The WebLedger upgrade includes much better Excel integration.
Beverly C.
Finance Director
Government Administration, 11-50 employees
Used the software for: 2+ years
Overall Rating
5.0
Ease of Use
5.0
Customer Service
5.0
Features
5.0
Value for Money
5.0
Likelihood to Recommend
10/10
Reviewer Source
Source: Capterra
August 27, 2020

"BMSI Fund Accounting Review"

Overall: Good experience with the software overall and great customer service. There are very knowledgeable staff ready to help you with needs and issues.

Pros: The software is easy to use and the reports that are generated suit our needs. It is not an overly complicated system.

Cons: Some of the reports need to be updated so that they can be exported to excel and/or word. Other than that, I have no issues with this software.