Softrak Systems, Inc. — Adagio Accounting

Since 1985, Softrak has been providing accounting solutions for small and mid-sized companies. The company introduced Adagio in 1999 as a replacement product for those looking to migrate from DOS-based software products. Now in its tenth year, Adagio continues to grow and expand with new features and system enhancements in each release. Adagio Accounting is geared toward small to mid-sized companies looking for better reporting and customization capability. Currently priced at $1,500 per module, that price also includes all product upgrades and maintenance for 15 months. According to Adagio, typical system implementation runs between $2,000 and $15,000, depending on modules purchased and training and support options chosen. Originally designed to fill a specific niche in the small to mid-sized business arena, Adagio does its job quite well.

From the June 2009 Review of Small Business Accounting Systems: Tier II

EASE OF USE/BASIC FUNCTIONALITY:
Adagio is unique in that each module is independent, classified as subledgers. Although they integrate with the Adagio Ledger, integration is not automated as it is in most software products, but rather by request, with batches exported to the Ledger from the other modules (subledgers) such as AR or AP. Adagio navigation is straightforward, with drop-down menus at the top of each module screen. Quick access to features found within each module is located directly beneath the menu bar at the top of the screen. Setup is easily mastered, and you can import your current chart of accounts if desired or quickly set up a new one.

Adagio does not offer real-time posting but runs on a batch system. While many popular software products also utilize a batch system, Adagio is unique in that each subledger batch must be retrieved into the GL in order to be posted. You can also manually assign batches to a specific period or post them based on your current transaction date. While some may see this extra step as an inconvenience, it really does prevent erroneous batches from being prematurely posted. Prior to posting, batches can also be edited for accuracy, reversed or even posted provisionally.

Adagio definitely favors the keyboard user for data-entry and offers screens easily customizable for each user. The optional field tabs allow you to add user-defined fields in order to track additional data. For your convenience, customers and vendors can be added on the fly when needed.

CORE ACCOUNTING/SECURITY FUNCTIONS:
The Adagio Financial Suite comes with GL, AP, AR, Bank Reconciliation and Financial Reporter modules. The Operational Suite includes Inventory, Invoices, Order Entry, Sales Analysis, Job Cost, and Time & Billing modules.

Adagio Accounting contains numerous system enhancements and product additions, including an expanded account field, the capability to move to the next year without closing the prior year. User and date stamp fields are now available for batch entries and a Ready-to-Post indicator makes it easy to see what is waiting to be posted. In the AR module, customers can now be located utilizing a variety of fields including customer code, name and telephone number. You can also save multiple contact information for each customer, and customer statements and invoices can be printed for any accounting period, current or historical. You can also store unlimited years of ledger data, making it easy to access years of data for extensive, accurate financial reporting.

Security must be set by user group, which should be assigned prior to security setup. Group access is determined by what users can or cannot access. Once module access is determined, you can then specify field access capability.

REPORTING:
Adagio offers users a fairly wide variety of reports to process. Reports offer various filters to aid with report customization. The availability of Crystal Reports for Adagio increases report customization capability, providing custom report formatting in each of the Adagio modules. Other reporting options available include Adagio GridView, which provides non-accounting personnel with read-only access to various accounting reports. Snapshot reports are also available in GridView, and include vital information such as customer balances due, current sales numbers and open invoice detail. The Adagio Financial Reporter offers drag-and-drop functionality and contains excellent drilldown. All reports can be viewed on-screen or printed, faxed, emailed or exported to Excel.

IMPORT/EXPORT/INTEGRATION:
While modular in structure, Adagio is essentially a series of stand-alone modules that can integrate with the core Ledger, as well. Aside from the financial suite, Adagio also offers extensive modules and add-ons including Time & Billing, JobCost, Sales CQ, and Sales Analysis. Payroll is available through various third-party vendors, and all will integrate with Adagio Ledger and Adagio JobCost. Import templates can be used to save time when importing data. The convenient OLEDB or ODBC interfaces provide you with read-only access to data that needs to be exported to Excel, Word, Access or to HTML formats.

SUPPORT/TRAINING/HELP:
Both phone and email support is available to users, as is an Upgrades Plan that ensures you receive all product upgrades. Cost is per module, with a multi-year discount available. Per-incident support is also available. Training options include product webinars and the Adagio Academy, which includes classroom and online training options. An extensive array of user modules is included with the software, and the Help function provides basic product information.

RELATIVE VALUE:
Adagio Accounting is geared toward small to mid-sized companies looking for better reporting and customization capability. Currently priced at $1,500 per module, that price also includes all product upgrades and maintenance for 15 months. According to Adagio, typical system implementation runs between $2,000 and $15,000, depending on modules purchased and training and support options chosen. Originally designed to fill a specific niche in the small to mid-sized business arena, Adagio does its job quite well.

2009 OVERALL RATING:

 

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