K2 Enterprises Review of Softrak Adagio

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Accounting Software World
An Independent Review of Today's Top Accounting and Financial Management Solutions

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Randy Johnston Editor-In-Charge - Dr. Bob Spencer Editor-At-Large

Adagio by Softrak

www.Adagio-Accounting.com

Category: General Accounting - Class: Small to Medium Business

Best Fit

· Small business 5-15 Users

· Adagio Accounting is designed for organizations that manage $2 to $100 million in sales/revenue, with significant transaction volume and at least one person responsible for managing those transactions.

· http://www.softrak.com/products/industry/index.php (Sample list follows)

Distribution
Services Organization
Not for Profit
Professional Services

Strengths

· All transactions can be entered with or without using a mouse.

Five costing methods, alternate units of measure and customer pricing supported (Adagio Inventory).
Powerful spreadsheet-based financial reporter with drag-and-drop simplicity.

· Good drill down capability is extremely useful for locating detail information.

· The Statement/Letter/Check/Invoice Designer that comes with the product makes it simple to create professional documents complete with company logo, MICR encoding on laser form checks, and so forth.

Brief Product Description

· Adagio Accounting is designed to be Microsoft Windows compatible, but for ease of use for those who liked the batch input style of posting transactions.

· Modular accounting system combines a batch interface that is easy to understand and control with online processing in order entry and inventory control. Modules in the Adagio product line include General Ledger, Receivables, Payables, Invoicing, Inventory, Order Entry, Sales Analysis, Purchase Orders, Payroll, Job Costing, Time & Billing, and Report Writing.

· There are a number of third-party applications that interface with Adagio, including Hotel Property Management, Warehouse Management, and Internet commerce shopping cart sales integration.

· Softrak provides a wide range of training for Adagio, both through its reseller channel, as well as direct. Training may be classroom style on-site or at a reseller's business, as well as a variety of web-based seminars on each module.

· Adagio modules generally have an MSRP of $1250 per module. Discounts are normally available when multiple modules are purchased. Your Adagio Consultant Reseller can provide a complete quotation, including implementation and setup. Most Adagio sites typically spend between $2,000 and $15,000 getting up and running. Additional support and upgrade pricing can be found at http://www.softrak.com/pdf/supup-price.pdf.

Technical Specifications

Windows XP and Vista
Proprietary database

Integration with Accounting and Ease of Setup

· Adagio accounting is very intuitive and straight forward. Those used to and desiring heads down, batch like data entry, or those adverse to using a mouse, will appreciate the speed and ease of use.

· Complete description of all modules here http://www.softrak.com/products/products.php.

Representative Client List (if available)

· Extremely popular in Canada, Adagio accounting has been making inroads into the U.S. market for the past several years. Contact the company directly for a short list of industries served and local installers.

Company History and Contact Information

· Since 1995, Softrak has been providing Windows-based accounting solutions for the Small to Medium Enterprise. Adagio was launched in 1999 as a complete suite of accounting modules for professional services and distribution companies.

· Softrak sells its products through their reseller channel in Canada and the United States. To find a reseller, visit www.softrak.com/resources/resellers.php.

· Softrak can be reached at

Softrak Systems Inc.
Suite 900 - 1200 Burrard St.
Vancouver, BC
Canada V6Z 2C7

(604) 736-3741 (Mon. - Fri. 8am - 5pm Pacific)

Commentary (The following is provided by the Editor with notes and comments from others.)

CONTINUING PROFESSIONAL EDUCATION FOR ACCOUNTING AND FINANCIAL PROFESSIONALS

The information provided herein is not warranted in any way and is subject to change without notice.

We recommend that you confirm information contained herein with the appropriate manufacturer or reseller.

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