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: