Success Story

AccuFund Accounting Software Helps Town Meet Reporting Requirements

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The Challenge

A New England town with approximately 7,500 residents was using an antiquated and poorly designed accounting system. Among the many issues faced by the finance department, the system would not allow users to reconcile their bank accounts in a timely manner. Simple inquiries such as researching which cash receipts were posted as part of a particular deposit would take hours. As a result, the Town fell almost a year behind in their reconciliations which resulted in substantial delays in their annual audit. Additionally, any reporting for the Town Council was done via manual entry into Excel and any entries created in other systems would have to be manually entered in the accounting system. This system would not allow the Town’s finance office to effectively complete their assigned duties.

The Solution

blum recommended AccuFund, a leading accounting software solution developed specifically for governments. AccuFund’s core system couples the simplicity of a QuickBooks type accounting system with powerful features including a full report writer, integration to and from Excel, drill to source functionality and many other features. blum was able to prove AccuFund would eliminate the Town’s struggles with reporting and bank reconciliations.

Learn more about the AccuFund accounting solution

The Benefits

The Town was able to customize many reports within AccuFund to meet both internal and external reporting requirements. With AccuFund’s easy-to-use interface, the Town was able to catch up on Bank Reconciliations as well as streamline data entry for other modules. The ease of use and powerful reporting provided by AccuFund were instrumental reasons the Town’s last audit was completed the earliest it had been in at least 20 years.

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