About SBS Financials

SBS Financials is cloud-based software designed for multi-entity accounting. The system is flexible and adapts to an organization’s existing workflows. SBS Payroll/HR and SBS Procurement can be added to create a fully integrated financial management system.

Core accounting applications are general ledger, accounts payable, accounts receivable, bank reconciliation, billing, fund accounting, budgeting, consolidations, and expense management. Deployment of the modules can be customized and configured to meet the needs of any industry. Dashboards, budgeting, and financial reporting allow for efficient monitoring and analysis of financials by cost center, division, or region.

SBS Payroll/HR is a comprehensive solution used to process in-house payroll...


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Supported Operating System(s):

Mac OS, Linux, AIX, Solaris, Unix, Web browser (OS agnostic), Windows 10

49 Reviews of SBS Financials

Average User Ratings

Overall

4.50 / 5 stars

Ease-of-use

4.5

Value for money

4.5

Customer support

5.0

Functionality

4.5

Ratings Snapshot

5 stars

(29)

29

4 stars

(16)

16

3 stars

(3)

3

2 stars

(1)

1

1 stars

(0)

0

Likelihood to Recommend

Not likely

Very likely

Showing 1 - 5 of 49 results

February 2018

Josephine from BH Media Group

Company Size: 1,001-5,000 employees

Industry: Media Production

Time Used: More than 2 years

Review Source


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

February 2018

Great System with a Support Team that goes the Extra Mile

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.

May 2019

Toni from Independent Newsmedia Inc. USA

Company Size: 201-500 employees

Industry: Newspapers

Time Used: More than 2 years

Review Source


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

May 2019

SBS Financials are easy to use and have fantastic support

We have used SBS for a long time and have never thought of looking for a different financial program. The versatility to import external system information into our financials is a proven winner that does not need to be changed. As you can see I am a huge fan of SBS.

Pros

SBS is one of the easiest financial software programs that I have used in my 35 year carrier. We just switched over to the cloud version after using this purchased software since 2002. Either a purchased software or cloud version, you will never go wrong. The support staff/programmers are wonderful to work with and are available for any question and direction support you have at any time. You don't have to wait hours or days for a response as they are always available and extremely knowledgeable to your needs. I wouldn't want to have any other program other than SBS.

Cons

Wow, this really is a hard question to answer as I haven't found much or anything that I don't like. Being on the cloud version does allow you a little more flexibility in certain functions but overall the the program is phenomenal. We attempted to use Bank Book but for our business we have too many external programs that import information into our system for the GL and about 10 bank accounts therefore this feature does not work for us as we would have to manually enter thousands of transactions to use this function.

Response from Software Business Systems

Replied May 2019

Thank you for being a long-time customer! Your feedback over the years has helped drive development of our software. The system supports multiple bank accounts. It also can automate bank account reconciliation. Let us know if you'd like our Support team to review the options with you.

August 2017

Amanda from The Pueblo Chieftain

Company Size: 51-200 employees

Industry: Media Production

Time Used: More than 2 years

Review Source


Ease-of-use

3.0

Value for money

3.0

Customer support

5.0

Functionality

2.0

August 2017

The system has its pros and cons.

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.

April 2020

Debbie from Wick Communications Co.

Company Size: 201-500 employees

Industry: Newspapers

Time Used: More than 2 years

Review Source


Ease-of-use

4.0

Value for money

4.0

Customer support

5.0

Functionality

4.0

April 2020

Ten Years Later!

Time saving once we were all set up. The software enabled us to centralize all our AP/GL function for 12 locations spread across the US.

Pros

We implemented in 2010 and have not regretted it. Security features were easy to implement as was creating custom imports from our existing software.

Cons

Custom report writer can be a challenge, as can setup as there are so many places to set up the user, the AP approvals user. Organization charting can also be difficult. If you don't get it exactly correct the units will not report.

Reasons for Choosing SBS Financials

Best value for the money.

Response from Software Business Systems

Replied April 2020

Thanks for the feedback! We rely on customer input to continually enhance our software. Let us know how we can continue to help you make the most of our software.

February 2018

Erin from Anchorage Daily News

Company Size: 51-200 employees

Industry: Media Production

Time Used: More than 2 years

Review Source


Ease-of-use

4.0

Value for money

4.0

Customer support

4.0

Functionality

4.0

February 2018

Solid Software Product

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.