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VersAccounts Cloud ERP

A web‑based accounting software system designed by Versaccounts for small to mid‑sized companies.
Questions about VersAccounts Cloud ERP? Call (800) 827-1151 and talk to a software expert now.

VersAccounts was created to bring the power of a modern full-function ERP system to even the smallest business that needs it. It is a recognition of the fact that even small businesses with modest budgets have business operations that are every bit as complex as their much larger competitors.

However, till VersAccounts was created these businesses had to make do with relatively simple systems - entry-level accounting, spreadsheets and other point applications that made it hard to compete. Sophisticated ERP systems that cost 100s of thousands of dollars were not something they could afford.

VersAccounts has changed this. By leveraging new technologies that have become available in the last decade - like Cloud Computing, Mobility and Open Source - VersAccounts has been able to create a sophisticated ERP system and deliver it to SMBs at prices close to what they pay for basic Accounting. Prices that are 5-10x less than traditional ERP offerings.

Also, unlike every other ERP solution, 100% of VersAccounts functionality is accessible via mobile devices including tablets and smartphones, making it possible to use any function, anywhere in the world, at any time, and on any device.

Finally no other ERP system provider offers 24x7x365 support. At any price. VersAccounts does. And there is no additional charge for it.

At VersAccounts our Mantra is – You will Notice VersAccounts for Price. You will Buy VersAccounts for the deep ERP Functionality it has. But in the end You will Keep VersAccounts for How We Treat you.

Price. Functionality. Service. That is VersAccounts!

VersAccounts Cloud ERP Product Functionality

VersAcounts offers a modern cloud ERP solution that has the full functionality of traditional mid-tier ERP offerings at a fraction of the cost.

In fact, VersAccounts cloud ERP costs less than most Enterprise or Quantum level Accounting solutions.

Also, unlike traditional legacy ERP products that were created in the 1980’s VersAccounts was created in the last 5 years. So it incorporates 30 years of research, on how business systems should be built, capabilities that they should include, as well as how human computer interaction should be supported by business systems, that legacy ERP systems don’t.

The result is full-featured ERP system that is powerful enough to be used by large global companies, yet easy and affordable enough for local and regional businesses to learn, implement, and use as well.

VersAccounts capabilities include:

  • Financial Management
    • General Ledger
      • Security & Audit Trail
    • AP Management
    • AR Management
    • Tax Management
    • Sales Tax Management
      • Native
      • Avalara
    • Multiple Currency Management
    • Bank Reconciliation
  • Multiple Business Entities
    • Financial Consolidation
    • Inter-company Transactions
  • Multiple Currencies
  • Multiple Languages
    • General Ledger
      • Security & Audit Trail
    • AP Management
    • AR Management
    • Tax Management
    • Sales Tax Management
      • Native
      • Avalara
    • Multiple Currency Management
    • Bank Reconciliation
  • Multiple Business Entities
    • Financial Consolidation
    • Inter-company Transactions
  • Multiple Currencies
  • Multiple Languages
  • Purchase-to-Pay
    • Requisition
    • Purchase Orders
    • Receiving
    • Returns
    • Bill Processing
    • Payment
    • 3 Way Matching/Validation
  • Order-to-Cash
    • Sales Order
    • CRM Integration
    • Shipping
    • Invoicing
    • Receive Payment
    • Returns Processing
  • Application Extension & Integration
    • Open REST API for real-time Integration with VersAccounts Application
    • User Defined Import Export of all Data
    • Integration with existing Web, Mobile and On-Premise Applications
    • Creation of new Web, Mobile and On-Premise Applications to enhance VersAccounts
  • Inventory Management
    • Serial Numbers
    • Lot Tracking
    • Bar Coding
    • Powerful UoM & Conversion
    • Available to Promise
  • Multiple Warehouses
    • Cross Facility View
    • Inter-facility Transfers
  • Logistics
    • Shipping
    • Receiving
    • Carrier Integration
  • Project Accounting
    • Project/Job Costing
    • Time & Expense Reporting/Tracking
  • Fixed Asset Management
  • Third Party Add-Ons
    • CRM – Salesforce.com
    • eCommerce – Shopify, Magento
    • Expense Management – Nexonia, Concur
    • Human Capital Management - ADP
    • Logistics – FedEx, UPS, Stamps.com
    • Payment Processing – Authorize.net, Paypal, SVB
    • Payroll – ADP, Simplepay.co
    • POS - Beanstream
    • Sales Tax - Avalara
    • Misc - Bar-code Readers, Scanners etc.

Advanced VersAccounts capabilities that are most often used by fast growing small businesses with global reach and by global corporations alike include Multiple Languages, Multiple Currencies, Multiple Locations, and Multiple Business Entities.

Product Pricing

Unlike pricing for traditional ERP products, the standard No-Limits Pricing for VersAccounts is simple. It consists of a single Unlimited User Plan that offers customers the option of paying a flat fee for access to all the Core Software Modules in the system and for an unlimited number of Users.

In addition VersAccounts also offers Tiered Per-User Subscription Pricing through its Certified Solution Partners where customers are charged based on number of Users.

In both cases, Users may access any module in the core VersAccounts system. There is no per-module charge ever.

Tiered Per-User Subscription Pricing for the VersAccounts (Single Business Entity) ERP system is shown below.

  • Up to 5 users $250/mo, $713/qtr or $2700/yr
  • Up to 10 users $500/mo, $1,425/qtr or $5,400/yr
  • Up to 20 users $750/mo, $2,138/qtr or $8,100/yr
  • Over 20 users $999/mo, $2,847/qtr or $10,789/yr

To provide maximum flexibility to customers, VersAccounts offers a cancel anytime month-to-month Service Contract as the default.

However customers may also enter into Service Contracts ranging from 1-4 years with VersAccounts. The benefit of these Contracts is that they lock in prices for the Contract Term offering customers substantial predictability in terms of future costs.

Why Customers Prefer VersAccounts Cloud ERP

There are several reasons why customers choose a VersAccounts solution. Price is one of them. Functionality is another. Service is a reason they stick with VersAccounts.

Ask longtime VersAccounts customers why they selected VersAccounts and why they have continued working with the VersAccounts system for all these years and you will hear a variety of additional reasons. Here are some of them

Price

Most traditional ERP systems were built in the 1980s using technologies and approaches that were current then. This included Client-Server, non-SQL Databases, Proprietary vendor specific Languages and Tools, and the Waterfall Process for product development.

Over time, as these technologies and approaches have aged and built decades of technical debt, the cost of maintaining and updating products built in that era has grown exponentially. The result has been fewer new capabilities in each release, longer response times to meeting customer needs, and higher prices.

On the other hand, unlike its legacy ERP competitors, VersAccounts was built within the last 5 years using the latest technologies, tools, and product development techniques available today. These included Cloud Computing, Open Source, Agile, Test Driven Development, Continuous Integrations and whole lot more.

This has made the VersAccounts ERP product much easier to develop than its legacy competitors, as well as faster and cheaper to enhance, while at the same time delivering capabilities that are much more advanced.

Making it possible to deliver a modern full function ERP system at the price of entry-level Accounting.

Predictable Costs

Early customers told VersAccounts that knowing what their IT costs were going to be every month, month after month was important to them. So VersAccounts charges a nominal fixed monthly subscription fee that does not change with usage.

Unlimited Users and Modules

Some ERP vendors charge by the user. Others charge depending on the modules you use. Some charge for both. Tomato/Tomato. Any way you look at it you are penalized for growing your business. Not with VersAccounts.

The VersAccounts No Limits Subscription Plans offer customers freedom from the traditional “growth tax” that legacy ERP vendors have imposed on customers for decades. With VersAccounts ERP use whatever modules you want. Add any number of users. There is never an extra charge.

Fixed Price Implementation

Not only will VersAccounts ERP liberate you from the tyranny of the traditional legacy ERP vendors “growth tax”, it will also save you from those time and materials based project implementation fees that seem to grow and grow and grow. Instead with VersAccounts ERP, implementation is included as part of a fixed Initial fee that you pay when you start your subscription. And that is all there is to it.

24x7x365 Support

No other ERP vendor offers 24x7x365 support at any price. Not only does VersAccounts offer 24x7x365 support, there is no additional charge for it.

100% Mobile

Because VersAccounts represents a new generation of ERP, developed in this century, using modern tools and technologies, 100% of its functionality is accessible on any device including mobile tablets, and smartphones, anytime and anywhere.

Open Standards based REST API

Extensibility and openness have been key goals of VersAccounts designers. So VersAccounts has be created with a robust REST interface that allows real-time access and integration with other applications, weather these applications are third party offerings like Avalara, Concur or Salesforce, or a custom web or mobile application that you or a VersAccounts Partner has developed.

REST is another example of how VersAccounts is different from the legacy applications that traditional ERP vendors are selling today. Legacy applications use proprietary interfaces and outdated Software Development Kits (SDK) that are hard to use and offer limited functionality.

The SDK approach is 30 years old. Today REST is the only way to go. It is a global standard and it is “open” allowing any application to be easily interfaced with VersAccounts, without requiring VersAccounts help or permission.

Full Database Access

This is another area where VersAccounts ERP differentiates itself. Unlike other ERP vendors, VersAccounts provides full read/write access to most database tables. But providing this access is not enough. The database must be documented and the documentation must be easily available to customers and partners. With VersAccounts it is.

So customers and partners alike can create sophisticated applications and reports that can be used in conjunction with the core VersAccounts system to help you run your business.

Full Database Export

Other Cloud ERP vendors just provide a .CSV export of customer data. Under most conditions this is of little or no use as the relationships between data elements is lost. Further, there is usually no documentation as to what most of the exported fields are.

So, VersAccounts provides customers with the option of receiving a copy of their entire SQL database on a periodic basis. Because the database structure is well documented the database copy can serve as a local backup of data as well as local data warehouse against which reports and analytics can be executed locally.

Iceberg Option (Eliminates Vendor Lock-In)

Vendor lock-in is one of the biggest concerns a customer has when adopting a cloud solution. To address this concern VersAccounts offers two solutions.

As previously mentioned, the first facility is the ability customers to export their all their data to a well documented SQL database. This allows the customer to walk away from VersAccounts at any time with a complete and usable copy of their data.

The second facility is the Iceberg Option. Besides exporting their data and taking it with them, the Iceberg Option allows customers, who terminate their regular subscription service with VersAccounts, to leave their account in a frozen or dormant state with read only access to the account for as long as they wish.

Simple & Powerful at the Same Time

VersAccounts provides its customers with the kind of deep functionality that they should expect from a sophisticated mid-tier ERP solution. Yet the system is easy to learn and easy to use.

That is because unlike traditional legacy products that were created in the early and mid- 1980’s VersAccounts was created in the 21st century. Within the last decade. As a result it incorporates the latest research, and technologies on how business systems should be built, capabilities that they should include, as well as how human computer interaction should be supported by the system.

The result is full-featured ERP system that is powerful enough to be used by large global companies, yet easy and affordable enough for local and regional businesses to learn, implement, and use as well.

Room to Grow

In the past businesses started with entry-level Accounting solutions. They usually outgrew these solutions in a few years. Typically when they needed more than 5-10 users on the system. These solutions cost $500-$1500 per year.

The next step up was the Quantum or Enterprise versions of these products. These supported 10-20 users and even 30 at a stretch. They cost between $8,000-$10,000 a year. Besides supporting more users these systems also had some more functionality like rudimentary Inventory Management etc. That was when companies usually hit a roadblock.

If a customer needed an accounting system that supported more than 25-30 users or more functionality, the only option was mid-tier ERP. But these systems cost $50,000 - $100,00+ per year, something most small businesses could not afford. So they made do with what they had – entry level accounting solutions, spreadsheets and email.

This is the problem VersAccounts was designed to address. Once a customer implements VersAccounts, they will have the functionality they need to grow their business for years. With no limits on how many users they can add or the functionality they can use they will never ever need to migrate to another system.

Open Standards based Customization

Unlike legacy ERP solutions that provide proprietary tools and limited means of customizing forms and reports, VersAccounts customization is based on HTML which affords the maximum possible flexibility in terms of the kinds of customizations that can be achieved

Use any design tool you like to design a form or report, then use it in VersAccounts. It is that simple.

There are no limits. Your forms and reports can include anything that can be included in a regular HTML based document, including graphics and rich media.

Want to make the reports and forms “Responsive” so that they can be viewed on a tablet or smartphone. No problem. With VersAccounts that is automatic.

By adopting VersAccounts, customers can finally be freed from the constraints of 30 year old legacy technology and limitations they impose on what businesses can do, finally allowing them to leverage the power that the openness and flexibility of a modern ERP system like VersAccounts affords.

VersAccounts’ modern, globally tested, cloud ERP solution offers advanced features that allow you to manage, track, report, and consolidate financial, inventory, cost, and revenue data for all kinds of medium sized business. Local or global. With a simple single business entity structure. Or one that is much more complicated. Including support for multiple business entities, operating under multiple business models with different compliance requirements including statutory, tax and audit.

No more exporting, sending and importing accounting files between separate instances of traditional on-premise software products at different locations. Our global features allow organizations to use a single ERP system to manage all their business entities, in multiple languages, and in multiple currencies.

The Core Product includes a broad set of powerful modules including Financials, Project Accounting, Inventory Management, Purchase-To-Pay and Quote-To-Cash. These advanced features are required by larger organizations to increase efficiency and reduce errors through automating workflows across multiple business processes.

Our Business Intelligence capabilities include executive Dashboards, pre-defined Reports and the ability to Drill-down to Transaction details from anywhere in the system, regardless of whether the transaction is in a Purchase Order, Sales Order or somewhere else.

VersAccounts Business Intelligence capabilities are complemented by easy to use Automation, powerful Audit and advanced Security features that enable compliance both with internal policies and procedures, but also with regulatory standards like GAAP, IFRS, Sarbanes-Oxley, FASB, and IASB.

Finally, when you choose VersAccounts, you immediately enjoy the benefits of a cloud based accounting solution. Manage one business entity or many from a single ERP system. Access it from Anywhere. Anytime. On Any Device. Including iPads and mobile phones. Never worry about performance as your business grows. As you add more users. Or use additional functionality. Nor about ever increasing fees.

Liberate yourself from the Tyranny of Traditional On-premise Systems. From upfront License Fees. From mandatory Maintenance and Support Contracts. From the large investments these systems require in supporting software and hardware infrastructure. From additional IT headcount. From the operational bother, worry, and costs associated with implementing these systems, continuously monitoring and optimizing them, and forever upgrading them.

Say no to Unscheduled Downtime, and Data Loss, because your on-premise infrastructure and data-center operations were not designed for failure. Or to be secure.

Popular Functionality Modules

Financial Management VersAccounts’ Financial Accounting capabilities include: General Ledger Accounts Receivable Accounts Payable Cash Management Fixed Asset Management In addition VersAccounts…

Multiple-Entity Support with Consolidation Fast-growing companies quickly find themselves confronted by a bewildering complexity of foreign currencies and languages, accounting standards, taxation structures, and…

Global Capabilities Global Capabilities – Big Growth. Small Costs. Your ERP system should support your global growth and not limit it. VersAccounts provides the support you need to build and…

Purchase-to-Pay VersAccounts includes a fully integrated Purchase-To-Pay solution that offers tools to manage each phase of the procurement cycle including Requisitions, Purchase Orders,…

100% Mobile ERP 100% Mobile ERP - Fully Featured for Smartphones & Tablets VersAccounts Cloud ERP is the only ERP system in the market that allows 100% of its functionality to be…

Complete Functionality Module List

Reviews of VersAccounts Cloud ERP

from Null says…

We switched over from quick books enterprise mainly because we needed better inventory capabilities and we preferred a cloud based program. We needed software that could import orders from multiple sales Chanels including brick and mortar stores, websites, phone orders and Amazon. We were also looking to integrate with other applications like sales force and ship station to handle our CRM and logistics. We needed the software to track and deplete lotted FIFO based inventory used to build manufactured products. We needed the inventory to sync across all selling platforms. The Versaccounts team has been able to deliver on all of the above and they are constantly developing and making their program even better.

The good: The advanced inventory features for manufacturing products made up of lotted and trackable inventory.

The bad: Page load times can be slow at times.