Software Business Systems

SBS Financials Suite

4.5 / 5 27 reviews

Who Uses This Software?

We serve multi-company and multi-location organizations with a need for accounting software that scales with growth. Our system is flexible and adapts easily to a wide range of industries.


Average Ratings

27 Reviews
  • 4.5 / 5
    Overall
  • 4.5 / 5
    Ease of Use
  • 5 / 5
    Customer Service

Product Details

  • Starting Price
    Not provided by vendor
  • Free Demo
  • Deployment
    Cloud, SaaS, Web
  • Training
    Documentation
    Webinars
    Live Online
    In Person
  • Support
    Online
    Business Hours

Vendor Details

  • Software Business Systems
  • sbsweb.com
  • Founded 1980
  • United States

About SBS Financials Suite

Multi-entity accounting is seamless and efficient with SBS cloud accounting software. Automate transfers to save time and eliminate errors caused by manual consolidation reporting. Report by cost center, department, location, and region - or quickly roll up multiple entities into a parent organization. Core accounting applications include GL, AP, AR, Bank Rec, financial reporting, budgeting and forecasting. Serving customers in healthcare, financial services, and multiple company businesses.


SBS Financials Suite Features

  • Accounts Payable
  • Accounts Receivable
  • Bank Reconciliation
  • Billing & Invoicing
  • CPA Firms
  • Expense Tracking
  • Fixed Asset Management
  • For Government
  • For Nonprofits
  • Fund Accounting
  • Payroll Management
  • Project Accounting
  • Purchase Orders
  • Tax Management

SBS Financials Suite Reviews Recently Reviewed!


Easy to use software, but can be confusing at times

Apr 19, 2018
4/5
Overall
4 / 5
Ease of Use
4 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 9.0/10 Not
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Pros: The quality of the team that assists me is above par. The team is very prompt and knowledgeable about the product.

Cons: There is no user manual and it is slightly confusing at times. There are times where it will freeze up when I do something wrong and I need to call in to get fixed.

Would definitely recommend

Mar 19, 2018
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
4 / 5
Customer Support
4 / 5
Value for Money

Pros: This is very easy to use, it didn't take me long to figure it out. It does everything that I would need it to so I am very pleased with it.

Cons: I do not have any cons. One thing may be that it could have more features. While it does what I need, there could be room for a little bit extra. Still a great program though.

Great experience. Very helpful support staff.

Feb 16, 2018
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
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Pros: It is easy to use. SBS works well for keeping the multiple companies that I have to maintain. The system is simple to use for running checks for accounts payable.

Cons: Consolidating the financials for the multiple companies can be difficult at times. There always seems to be an issue getting all the companies to load into the consolidated module correctly.

Vendor Response

by Software Business Systems on February 26, 2018

Thanks for the feedback! Our support team will reach out to discuss the issues you're having when consolidating financials for multiple companies. As a long-time customer, your business needs likely have changed since the system was originally configured. We believe that our current approach and resources could resolve the issues.

Quick learning curve

Feb 15, 2018
4/5
Overall
3 / 5
Ease of Use
4 / 5
Features & Functionality
5 / 5
Customer Support
4 / 5
Value for Money
Likelihood to Recommend: 7.0/10 Not
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Pros: Ability to upload and store back-up documentation Different modules work similarly, so easy to learn Support is very responsive

Cons: Report writer is cumbersome "Help" documentation included in the program tells more what each function is, and does not tell how to use the function - find myself calling for support instead of relying on help documentation.

I work primarily with invoice approvals, budgeting and gl inquiries.

Feb 15, 2018
4/5
Overall
4 / 5
Ease of Use
4 / 5
Features & Functionality
5 / 5
Customer Support
4 / 5
Value for Money
Likelihood to Recommend: 8.0/10 Not
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Comments: The customer service is great. Everyone that we have ever had help us with issues have been very responsive and helpful.

Pros: Overall the software is good, reliable. The customer service is great. The budgeting package works well with the gl portion.

Cons: We have had a lot of difficulties with the budgeting for wages and salaries. General budgeting is good, but the wages and salaries budgeting is unreliable at times. Primary issues have been with splits and when an employee is termed and we copy records to another budget field.

Solid Software Product

Feb 08, 2018
4/5
Overall
4 / 5
Ease of Use
4 / 5
Features & Functionality
4 / 5
Customer Support
4 / 5
Value for Money
Likelihood to Recommend: 7.0/10 Not
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Pros: We have been working with SBS for over three years. During that time, SBS has been very responsive to our needs as well as our ongoing training requirements. Whenever there is something new that we are trying to do or if we are having unexpected problems, SBS Support is very responsive in assisting us. Usaully they are able to go in on the back end and figure things out, but if we need to set up a traing session, they are always very quick to provide that service as needed. Another thing that I like about this software is that it is competitively priced. This is a good value for the money, and I know that we are not wasting our money on the product. We are able to make a resonable payment monthly, and SBS takes care of a lot of the headache for us. As the software is hosted in the cloud, we don't need to worry about backups, etc. We have very rarely been charged for extra time that SBS has worked with us. And when we have, it has been because of a change that we have made as a company that has truly required more help from SBS. All of my staff have been working with this software for quite some time. We have gained proficiency with the software, which is intuitive to use, anyway. It is realatively easy for staff to pick up on and use, and SBS is extremely responsive to us when we need a little extra hand-holding.

Cons: Because there is a four hour time difference between us and SBS headquarters, we have to be very careful that if we need support, we are making the phone call prior to SBS shutting down for the day. This was frustrating when we were first learning the software, but as we have become more proficient with its use, this is hardly ever an issue. There are instances where the software seems to have bugs. If the user does something that the software doesn't like, it can lock the session up. As we have gotten better with the software, however, we have learned certain things to avoid to keep this from happening.

For the price the software is sound and easy to use and is pretty flexible. Customer support is excellent.

Feb 08, 2018
4/5
Overall
5 / 5
Ease of Use
4 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 9.0/10 Not
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Pros: The learning curve is relatively short and the software is fairly intuitive to use. Support staff are knowledgeable and are willing to work through any issues you may have.

Cons: Navigation could be better and reporting could be made easier. The user guide also could be improved.

Great System with a Support Team that goes the Extra Mile

Feb 07, 2018
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
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Comments: SBS works with us to ensure their product has the features we desire to run our business office efficiently. We have added on multiple applications and features throughout the years and have really enjoyed working with the team.

Pros: The system has so many great features! Our company uses the General Ledger, Accounts Payable, Budgeting, Expense Reporting and PO Applications. General Ledger Application: The ability to drilldown on Financial Statements to get to the detail and pull up the attaching support (invoices, etc.) is a timesaver during our financial reviews. Expense Reporting / Accounts Payable Applications: Online Expense Reporting system that is fully integrated into the Financial Desktop system works seamlessly for our end users that aren't as familiar with systems in general. Approvers having the ability to approve Expense Reporting and Invoices through email or through the system itself is essential in our environment where a lot of our approvers aren't at a computer for the majority of the day. Great feature! Budgeting Application: MUST HAVE! Our business office uses this application frequently to update projections. It has amazing features to compare account information, drill into detail, and quickly update Budget/Projection information. We give our department heads access to their individual department so they can update their projections/budgets on their own and only have access to their particular accounts. The Support Team really listens to feedback to make the system even better. If any problems arise, they are extremely quick to resolve.

Cons: The financial statement report writing portion of the software within the general ledger application could be more flexible but has all the features to get what we need.

Easy to use but would like simpler steps for financial reporting set up.

Feb 07, 2018
4/5
Overall
4 / 5
Ease of Use
3 / 5
Features & Functionality
5 / 5
Customer Support
Likelihood to Recommend: 7.0/10 Not
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Pros: The general accounting functions of Accounts Payable, Bank Book, and General Ledger are relatively easy to navigate and use on a daily basis.

Cons: The financial statement set up/parameters are hard to navigate and if something needs to be corrected, there are many steps and locations one must complete before it is done correctly. It would be more convenient if the reporting function would allow you to print multiple reports at one time rather than going back in and starting over to run the same report with different account parameters.

SBS made my life easier.

Sep 12, 2017
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
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Comments: SBS replaced an old clunky system we have had for many years. It was a great upgrade.

Pros: The system is very user friendly and stream lined. If you can't figure out something customers service is always willing to help and friendly.

User Friendly

Sep 11, 2017
4/5
Overall
4 / 5
Ease of Use
4 / 5
Features & Functionality
Likelihood to Recommend: 9.0/10 Not
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Pros: I like the most is that it is easy to correct my mistakes. I also like that it is User Friendly that you can get the same information different ways.

Cons: The printing from the remote desk top and saving from the remote desk top take a considerably long time.

My experience with SBS software and staff awesome.

Sep 08, 2017
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
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Comments: I would recommend SBS to anyone looking for a new Accounting System

Pros: The product is user friendly and the Customer Service is exceptional. I love the AP invoice scanning feature (as do our auditors). I also love the ease of creating new custom financial reports and formats

Cons: I would like to be able to void a series of checks, instead of just one check at a time. I know that you can import a file to void, but an easier method would be helpful.

My experience using this product has been excellent!

Sep 08, 2017
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Comments: We have had an excellent working relationship with SBS for many years (at least 15 years I believe). The team at SBS is top notch, always receptive to our needs from any system issues to pricing.

Pros: The number one thing about this product is its ease of use. It is very intuitive. After the training phase, it has been nothing but smooth sailing. There was some apprehension when the switch to the cloud occurred but it too went off without a hitch.

Cons: There are occasionally transactions which happen which we are unable to explain, however your customer service team is always available to correct any of our mistakes.

SBS Finanicals/Review

Sep 08, 2017
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Comments: I have been using this software for about a year and have nothing but good things to say about it.

Pros: This software program is easy to learn, very user-friendly and comes with a great technical support.

customer support

Aug 31, 2017
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Comments: customer support is outstanding, especially whom I deal with more than she would probably like! haha!

Pros: easy to navigate thru the program and tasks, really like how it takes thru the task steps with ease and lets you know what is open,closed,or optional

Cons: not sure what I dont like about SBS, have only really positive things to say, have been using the software for over a year now

Keeping records is easier with SBS Financial Accounting Software.

Aug 24, 2017
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Comments: a few of the staff member at SBS that I have had the pleasure of working with) are amazing. Although, we have been using the software for about 3 years and they still treat us like new customers by providing OUTSTANDING customer service. When we have a problem or question, we simply send an email to the SBS support group and a friendly staff member will typically respond in less than 24 hours our question and sooner if it is an emergency. SBS Financial Accounting Software has proven to be a wise and sound investment for our company.

Pros: The software is flexible and can be customize to meet your company¿s needs. The products comes with a very knowledgeable, helpful, attentive, and friendly staff. They listen to their customers¿ comments thereby providing enhancements to the software throughout the year, which improves the customer¿s experience. Most modules are easy to navigate through. The documentation is useful and easy to follow. You can set the dashboard to your preference: Favorites, Documentation, Recent Task, etc.

Cons: Creating reports has proven to be a challenge for me because there is so much information available, but I'm not always sure which table to use to retrieve the desired information. However, this is still not a problem because the excellent staff at SBS will quickly guide you through the maze. They will (when necessary) even create the report for you.

Outstanding Customer Service

Aug 23, 2017
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Comments: Once again the customer service you receive when you have a question is wonderful. Customer service agent will take the time to really understand the issue you are having or what you are trying to do to fine the best and most efficient solution. You can reach them by phone or email and will always return your call in the same business day (it is normally within one to two hours).

Pros: The customer service that SBS provides is by far the best service I have see from a software company. There are different modules to the program however, they are all set up similar for ease of use. I started using this system in February of 2017 and it was very easy to learn.

Great Support and Customer Service

Aug 23, 2017
4/5
Overall
4 / 5
Ease of Use
4 / 5
Features & Functionality
5 / 5
Customer Support
Likelihood to Recommend: 7.0/10 Not
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Comments: For all of the accounting software I have used they by far and away have the best support, training and customer service.

Pros: SBS provides great support and customer service. They are quick to respond and provide help and walk-through training's and there staff is very knowledgeable in multiple areas. Also their software developers do a nice job of communicating with accountants, which I have found very refreshing.

Cons: Documentation on processes and procedures is not easily available in the software, however if you call SBS they email the information right over.

LOVE SBS - Does everything i NEED it to do

Aug 21, 2017
4/5
Overall
4 / 5
Ease of Use
4 / 5
Features & Functionality
5 / 5
Customer Support
4 / 5
Value for Money
Likelihood to Recommend: 8.0/10 Not
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Comments: Love Kim and the support team. Always helpful and rarely have to wait an excessive period to get responses/assistance.

Pros: I like that it is entry based so that any changes to anything have to be done by entry so everything stays in the correct period. Also great that multiple companies can be set up. Like being able to run checks on blank stock and the functionality of paying people ACH pretty easily.

Cons: In Bank book you make a bbti (in) entry or a bbto (out) entry for banking. Makes total sense - BUT that "I" and "O" are right next to each other and one can accidently get the entry reversed of what was wanted.

modules are logical and intuitive

Aug 17, 2017
5/5
Overall
5 / 5
Ease of Use
4 / 5
Features & Functionality
5 / 5
Customer Support
Likelihood to Recommend: 10.0/10 Not
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Pros: Once you understand how the software is set up, it is pretty intuitive to use and offers a lot of flexibility customer support is great easy to undo errors

Cons: inventory program is a little cumbersome I wish the period input was a little bit more prominent- I think it would help catch posting errors

Exceptional Accounting Software

Aug 17, 2017
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Pros: -Very user friendly software for first time users. -Many helpful tips within SBS. -Software has many useful applications. -Good initial training program. -Customer Service/Support is prompt in response and very helpful. -The support team is excellent in answering questions.

Cons: -There are not many cons with this software. -There is some delay time within the software when changing printer settings and other settings.

CFO

Aug 17, 2017
2/5
Overall
1 / 5
Ease of Use
2 / 5
Features & Functionality
4 / 5
Customer Support
2 / 5
Value for Money
Likelihood to Recommend: 2.0/10 Not
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Pros: I like the requisitions approval chain. It is difficult to state pros for the system even after using the software for 8 months.

Cons: The entire software is not user-friendly and is not easily navigable without extensive training. Difficulty in just downloading useful information without calling SBS support. There is no such thing as a simple task in doing anything.

The system has its pros and cons.

Aug 17, 2017
3/5
Overall
3 / 5
Ease of Use
2 / 5
Features & Functionality
5 / 5
Customer Support
3 / 5
Value for Money
Likelihood to Recommend: 5.0/10 Not
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Pros: I really like the invoice scanning we have implemented and excited for the electronic approvals we will be implementing soon.

Cons: Reporting. It seems difficult to get reports out of the system. Especially from payroll. I don't really like the look of some of the other reporting.

Like for the Most Part, Some Irritations

Aug 17, 2017
4/5
Overall
3 / 5
Ease of Use
3 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 7.0/10 Not
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Comments: In general it's a good program and gets the job done. We recently got the update and unfortunately some of the changes you made didn't apply to us and so caused a re-learning curve when the methods had been intuitive (i.e. more key strokes to move between certain fields). We don't use the software to it's full potential so I can't speak to all features.

Pros: I like being able to work ahead in the next period. The customer support team is top notch. The controls in place to prevent misuse are great for audit purposes.

Cons: I don't like all the multiple yes/no questions when you do something that isn't considered "usual" - a twice is good enough. Not an overly intuitive program. Not crazy about all the controls though know they're necessary.

Great system for the price

Jul 23, 2017
3/5
Overall
4 / 5
Ease of Use
3 / 5
Features & Functionality
3 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 8.0/10 Not
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Comments: For someone with the need for a multidimensional chart of accounts and intercompany accounting on a limited budget this is definately an option worth looking at. If you need leading edge functionality and reporting there are better options.

Pros: Developer is willing to work with you to solve custom needs. The price is great and you get good feature set with a reasonably intuitive interface.

Cons: Its not as refined as other software (lacks some common features and there are a few small bugs) Reporting is good but not as strong as competition Implementation team helpful but not well disciplined so you will need to manage them to get setup complete and training done

Ease of use - Great Customer Support

Feb 12, 2016
5/5
Overall
4.5 / 5
Ease of Use
4 / 5
Features & Functionality
4.5 / 5
Customer Support
Likelihood to Recommend: 9.0/10 Not
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Pros: The most unique and best part of SBS software is the step by step process the software takes when performing tasks such as payroll processing, AP processing and GL closing. Excellent!

Cons: Report writing tool requires a fair amount of technical knowledge which sometimes is a deterrent to our users. But this can easily be overcome with some training from SBS.

Recommendations to other buyers: Training, Training, Training. Ask questions up front, SBS is very good at providing detailed information.

Robust features make our job easier

Oct 20, 2015
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
Likelihood to Recommend: 10.0/10 Not
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Pros: We like all the features so it is difficult to pick a favorite. As controller, I smile every month at the ease of distributing the monthly financial packages to all 23 branch location managers with one click of a button. We import some data from a separate industry specific software that does our pay/bill and that is so easy and seamless. Among our staff accountant's favorite features are the AP import and ease of reconciliations. The SBS training and support staff have been wonderful and a joy to work with. We implemented the expense report module 6 months after going live and it was so easy. Easy is a word that keeps being used when describing the SBS software.

Cons: We haven't found it yet. We have been using the software for a year now and are extremely pleased. If we want to do something and can't figure it out we call Support and they guide us on how to accomplish our goal.

Recommendations to other buyers: I recommend you ask lots of questions and have several demos. We were open to changing our procedures, which ended up working better for our accounting department. The SBS software has a lot of time saving functions, more than we realized but were pleasantly surprised when we wanted a function, it was there!