Tag Archives: QuickBooks

Technology

“Running Your Business From the Cloud” eBook Released

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iBE.net announced the release of its first eBook aimed at small to midsized business owners who are grappling with the challenges, risks and rewards of migrating operations to the cloud.

New York City, NY (USA), November 05, 2013 — iBE.net, a developer of cloud and mobile-based business management software, announced the release of its first eBook aimed at small to midsized business owners who are grappling with the challenges, risks and rewards of migrating operations to the cloud. The free eBook, “New Rules: Running Your Business From the Cloud,” offers an objective step-by-step guide to evaluating, choosing and implementing the right cloud strategies for organizations looking to benefit from the latest cloud computing technologies.

“Whether you’re running a small or midsized business, have aspirations to start one, or are flat out frustrated by outdated and complicated software, by the end of this book you’ll be equipped with the know-how to manage your organization successfully from the cloud,” said author Richard Minney, a 20-year ERP consultant and co-founder of iBE.net. “With the downward pressures on IT budgets and the thirst for mobile and collaborative business apps, there’s a real need to run your business in the cloud—right now.”

Laid out In 13 chapters each ending with a list of top takeaways, “New Rules” follows the business life of a CEO and her chain of floral shops, revealing the trials and tribulations she faces as her team navigates the sometimes bumpy road involved with rolling out a cloud-based business system – all while keeping costs in check and her team in a collaborative mindset.

“New Rules” cover such business practices as defining requirements, creating an IT roadmap, selecting partners, signing contracts, building teams, designing for the long term, testing, the go-live process and making continuous improvements.

The eBook makes it clear how a proper investigation of cloud technologies must start with an air-tight definition of the business model, then determining what functionality is needed. This is followed by conducting research that will lead to the best options, evaluating and comparing those options, and finally implementing one or more cloud systems.

With more than 110 copies already downloaded in the first 48 hours, “New Rules” can be accessed at no cost by visiting: http://ibe.net/ebook/.

About the Author
With 20 years of ERP experience as a developer, architect, consultant and project manager Richard Minney was previously executive VP for Product Innovation at consulting firm HCL-Axon. Before that, he was co-founder along with iBE.net COO Simon Hopkins, of Feanix, a $20m SAP systems integrator with clients like Sikorsky Aircraft and Pratt & Whitney. He spent nine years at U.K.-based Druid Group plc and US based Synergy, building SAP’s first industry add-on solution for aerospace and defense. He began his career at Ford and Rolls-Royce. He has a Masters in computer integrated manufacturing from Cranfield University, and a MA in engineering from Cambridge University.

About iBE.net
iBE.net (Integrated Business Environment) is creating mobile and cloud-based business management software for Professional Service organizations that have outgrown QuickBooks but are not ready to tackle the likes of SAP or Oracle ERP solutions. iBE.net was designed from the ground-up using the latest technology to offer both enormous flexibility and broad out-of-the-box functionality. For more information, visit www.iBE.net. Twitter: @iBErevolution.

iBE.net is a trademark of iBE.net, Inc. All other trademarks referenced are the property of their respective holders.

Media Contact:
Victor Cruz | MediaPR.net | +1 978-768-6888 | Email: vcruz@mediapr.net

Press & Media Contact:
Victor Cruz, Principal
MediaPR.net, Inc
Essex, MA – USA
+1 (978) 768-6888
vcruz@mediapr.net
http://www.ibe.net

Technology

iBE.net Mobilizes Business in the Cloud

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New Solution Provides Enterprise-Class Capabilities at Cost Levels Tailored for Small to Midsized Businesses.

New York City, NY (USA), May 23, 2013 — iBE.net, a developer of cloud and mobile-based business management software, announced the general availability of Integrated Business Environment (iBE.net). The cost-effective solution enables organizations to run their businesses in the cloud on both web and mobile platforms.

iBE.netgives organizations with different requirements access to layered technology, an approach that enables mass customization within a common multi-tenancy environment. The integrated solution enables companies to run their businesses in the cloud using software tailored specifically for their operations and their industry. The initial release is aimed at professional services and includes the following key features:

* Project management
* Task management
* Customer and lead management
* Time capture, submission and approval
* Expense entry and approval
* Customer billing
* Big data analytics and reporting
* Workflow
* Real time messaging and alerts
* Collaboration
* Premier customer service

iBE.net is ideal for organizations that have outgrown Quickbooks but who shy away from the high costs of traditional ERP solutions such as those offered by SAP and Oracle. iBE.net’s solution also serves those looking for robust mobile capabilities, while similar systems are racing to catch up in the mobile space.

“With the continued mass adoption of SaaS and the explosion of mobile, we have created a truly revolutionary system,” says founder and CEO Richard Minney. “While legacy software vendors drag their systems into the cloud, we were born in the cloud. With the globalization of business, downward pressures on IT budgets and the thirst for collaborative apps, there’s a real need to run your business in the cloud—right now.”

iBE.net is taking an ‘empower the 99%’ approach, with a disruptive subscription-based pricing model that offers the system free for 1-3 users.

“Organizations that do not choose to invest five or six figures in business software need another option. They deserve to compete on a level playing field with access to the same software functionality typically reserved for large companies. iBE.net is able to offer the features and customization of a high-end solution at a price point that makes it affordable for everyone,” adds founder and COO Simon Hopkins.

iBE.net is available through http://www.iBE.net or in the Apple App Store at https://itunes.apple.com/us/app/ibe.net/id628094074?ls=1&mt=8.

About iBE.net:
Founded by 20-year ERP veterans, iBE.net (Integrated Business Environment) is creating mobile and cloud-based business management software for companies that have outgrown QuickBooks but are not ready to tackle the likes of SAP or Oracle ERP solutions. Unlike other solutions on the market, iBE.net has been designed from the ground-up using the latest technology to offer enormous flexibility and broad out-of-the-box functionality across a range of industries. For more information, visit www.iBE.net.
Twitter: @iBErevolution.

iBE.netis a trademark of iBE.net, Inc. All other trademarks referenced are the property of their respective holders.

Press & Media Contact:
Victor Cruz, Principal
MediaPR.net Inc
New York, NY – USA
+1 978-768-6888
vcruz@mediapr.net
http://www.iBE.net

Accounting, Business, Financial, Software

ManagePLUS Gold™ lets QuickBooks Users Allocate Overhead Expense with Drag-and-Drop Ease…and Spreadsheet Accuracy

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The new release of ManagePLUS Gold™ for QuickBooks, from Flagship Technologies, Inc. (www.goflagship.com) lets users allocate expense from cost- and support-center classes and accounts to profit center classes, using a visual drag-and-drop approach.

Many businesses and nonprofit organizations use the classes feature of QuickBooks to track revenue and expense for the departments or activities of the organization—its cost centers, support centers, and profit centers, such as Office and Administration, Packing & Shipping, or Manufacturing. They set up classes to represent these, and apply those classes when entering transactions to identify income and expense with specific departments or activities.

This is all part of a cost accounting technique known as activity-based costing (ABC), the goal of which is to determine whether each income-producing area of the business—each profit center—is profitable. To get this done, the “overhead” expense accumulated for the organization’s cost centers must be allocated among profit centers on some reasonable basis.

Using QuickBooks by itself, allocation is anything but simple. It requires making journal entries or using “zero-dollar checks”, and there’s no way to automate the calculations involved. In fact, most users export transaction totals from QuickBooks to a spreadsheet, do the allocation calculations there, then manually enter the results as journal entries in QuickBooks. The entire process is difficult and offers plenty of opportunities for making errors.

ManagePLUS Gold overcomes all of these problems. With a couple mouse clicks, it retrieves transactions from QuickBooks and totals the amounts available for allocation from each class to other classes. Users then build allocation formulas visually by dragging a class onto the other classes to which it will be allocated. (The allocation formulas can be re-used in subsequent accounting periods, so the job is even faster and easier the next time.)

Because accuracy is just as important as ease of use, ManagePLUS Gold supports allocation based on “management quantities” the user has associated with individual classes, as well as on a percentage basis. Management quantities can be any physical or dollar amount related to the activity–things like labor hours, tons/gallons/bushels produced, miles driven, dollars of direct expense, etc. The result is spreadsheet-like allocation capability but without building spreadsheet formulas, exporting accounting data, or making journal entries.

Once allocations have been built, with a couple more mouse clicks the user can prepare a profit and loss report for any class, showing direct revenue and expense as well as the amounts that have been allocated to it.

But that’s not all. The new version 3.1 of ManagePLUS Gold adds the ability to send allocation transactions to QuickBooks, with a single click of the mouse. So now users can choose whether to get class profitability reports in ManagePLUS Gold or in QuickBooks, and have the option of doing anything with the allocation journal entries that they can do with other QuickBooks transactions—create customized reports, export them, include them in backups, etc.

Allocation capabilities are the “tip of the iceberg” with respect to ManagePLUS Gold’s features. Here’s a few of the other things it does:

    – Lets users associate “extra” data with accounts and classes, and manages that data separately for each accounting period.

    – Uses the “extra” data to automatically add management information and per-unit statistics to reports—things like average cost per unit of sales or per unit of production for each class.

    – Provides advanced quantity handling and storage in QuickBooks transactions by supporting entry of two quantities per transaction, such as the weight and count of items bought or sold.

    – Provides specialized reporting capabilities for the two-quantities feature, including automatic statistics like weight per each, count per weight, cost per weight (pound/ton/etc.), and cost per each.

    – Supports advanced, automatic unit of measure labeling on reports.

ManagePLUS Gold sells for $149 per single-user license and is compatible with Microsoft Windows versions of the Pro, Premier, and Enterprise editions of QuickBooks, 2004 and later, including U.S., UK, and Canadian releases. A 30-day free trial is available to download from the product’s Web page: http://www.goflagshipcom/products/mphome.htm.

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