- General Ledger: Support single and multi-entity management, merges financial data from different charts of accounts, automates intercompany transfers, and offers customizable reporting with real-time visibility.
- Accounts Payable: Feature customized approval workflows, paperless invoice imaging, and electronic approvals to streamline payments and reduce audit time.
- Accounts Receivable: Manage cash flow and credit, automate invoice and payment postings to the general ledger, and tracks payment history to minimize bad debt.
- Cash Management (Bank Book): Handle multiple bank accounts, automate reconciliations (Book to Book, Bank to Book, Book to General Ledger), and import cash transactions from external systems.
- Consolidations: Enable flexible reporting by department, location, or division, automatically generate consolidated reports, and maintain detailed audit trails.
- Financial Reporting: Provide built-in and customizable templates, real-time dashboards for KPIs, and drill-down capabilities for detailed financial insights.
- Budgeting and Forecasting: Allow unlimited budget creation and revisions, restrict manager access by accounts or departments, and automate salary expense calculations.
- Expense Management: Streamline expense report submission and approval online, post receipts to the general ledger, and support reimbursement via accounts payable or payroll.
- Project Accounting: Track revenues and expenses for projects like marketing campaigns or capital projects, offering detailed reports by time period or task.
- Seamless API Integration: Connect with external systems like Microsoft Excel for automated data exchange, enhancing workflow efficiency without programming.
- Paperless Office: Store invoice images and documents digitally, reducing paperwork and improving audit efficiency.
- Role-Based Security: Restrict access by user roles, enabling department heads to monitor budgets and manage costs in real time.
SBS Financials
SBS Financials streamlines multi-entity accounting, financial reporting, budgeting, and automated workflows for businesses.
Updated July 27, 2026
SBS Financials Overview
SBS Financials is a cloud-based accounting software designed for businesses of all sizes, offering robust tools for multi-entity accounting, financial reporting, budgeting, and forecasting. Its intuitive interface streamlines tasks like general ledger management, accounts payable/receivable, cash management, and expense tracking.
With seamless API integration, customizable workflows, and real-time dashboards, it enhances efficiency, supports scalability, and provides deep financial insights for informed decision-making.
Key Features
Pricing
| Suite | Price | Notes |
|---|---|---|
| SBS Financials Suite | Custom quote | Pricing is set by suite and by number of users; there is no limit on how many users can work in the system at one time. |
| SBS Payroll HR Suite | Custom quote | Optional companion suite, quoted on the applications selected and employee count. |
| SBS Procurement Suite | Custom quote | Optional companion suite, quoted alongside the Financials Suite. |
SBS does not publish prices. Quotes are requested through the vendor’s pricing form based on the suites selected, number of users, number of employees, and deployment.
Pricing source: https://sbsweb.com/pricing
Pros
| Competitor | Pros of SBS Financials |
|---|---|
| QuickBooks Enterprise | SBS Financials licenses by suite and by user across its Financials, Procurement and Payroll HR suites, and the vendor states there is no limit on the number of users. Its general ledger merges different charts of accounts, automates intercompany transfers and consolidates by department, location or division with real time reporting. QuickBooks Desktop Enterprise, by comparison, tops out at 30 simultaneous users on Gold and Platinum and 40 on Diamond. |
| NetSuite | SBS stays inside finance: general ledger, payables, receivables, bank book, consolidations, reporting and budgeting, with project accounting and expense management alongside. Reviewers single out fast support responses and personal help during setup, which is harder to arrange around a full NetSuite rollout. Because the quote covers named suites, a finance team can buy consolidation and reporting without paying for CRM or commerce modules it will never open. |
| Xero | SBS handles multi entity consolidation and automated intercompany postings, which Xero’s small business plans do not attempt; Xero’s US plans run $25 to $90 a month for one set of books, so each entity means another subscription and a manual roll up. Paperless invoice imaging with electronic approval workflows sits inside the payables module. SBS also imports transactions from outside systems, so a billing or payroll platform can feed the ledger directly. |
| Xledger | Both vendors quote instead of publishing rates, so the choice comes down to what each proposal covers: SBS prices by suite and by user with no user cap, and Xledger shows no figures on its pricing page at all. Reviewers rate the SBS payables and receivables modules highly and call the interface straightforward. Real time KPI dashboards with drill down come as part of the reporting module rather than a separate purchase. |
Cons
| Competitor | Cons of SBS Financials |
|---|---|
| QuickBooks Enterprise | There is no comprehensive user manual, and some reviewers report the software freezing when an error appears, which means calling support. Receivables reporting does not always tie back to the general ledger, so month end takes extra checking. QuickBooks Desktop Enterprise at least publishes its rates, from $2,210 a year for Gold to $5,363 for Diamond, while SBS gives no public price at all. |
| NetSuite | SBS quotes by suite and by user at mid market scale, and the total can put it out of reach for a small finance team. Its budgeting module strikes some users as incomplete and short on written instructions. NetSuite also covers inventory, CRM, commerce and manufacturing, so anyone needing more than finance will be buying a second system next to SBS. |
| Xero | SBS runs in the cloud only, so companies that want local hosting have to look elsewhere. New import routines often need help from support, and the payables module requires matching vendor numbers before entities can share data. Xero starts at $25 a month with no per user license fee and a self serve signup, where SBS begins with a request pricing form. |
| Xledger | Payroll lives in a separate Payroll HR suite, so requests like an employee attendance calendar mean licensing more than the Financials suite; procurement works the same way. Some users also notice delays when changing settings such as printer configuration. With both vendors quoting privately, a smaller team has to run two sales conversations before it can compare cost at all. |
Reviews
- Capterra Review (Rating: 4.5/5): One senior accountant called SBS Financials “great accounting software” and highlighted how easy it is to pull up financial reports, giving it 10/10 for ease of use and value for money. Another manager said invoicing works especially well and security meets expectations, though navigating customer support requires pressing “so many buttons.” A retirement benefits analyst noted strong reporting and financial features and described the overall experience with SBS Financials as positive.
- Software Advice Review (Rating: 4.5/5): A long-term user who implemented SBS Financials in 2010 said they “have not regretted it,” praising easy-to-implement security features and the ability to create custom imports from existing software. Another reviewer valued the reconciling option for tracking outstanding checks daily and monitoring cash needs, and appreciated that documentation appears on most screens. Some challenges surfaced with the custom report writer and complex user setup, where incorrect organization charting prevents units from reporting.
- sbsweb.com Review: A controller shared that distributing monthly financial packages to 23 managers takes “one click of a button,” which fits smoothly into daily workflow. Another finance leader replaced a “slow, outdated, inefficient” system and now builds and exports reports with ease while modifying financial statements without hassle. Users also praised drill-down access to income statements, AP invoices, and notes for deeper analysis, and described the implementation support and hands-on training as the “BEST” they experienced in decades.
- GetApp Review (Rating: 4.5/5): Multiple finance professionals emphasized that SBS Financials delivers “OUTSTANDING customer service,” with support staff responding to emails in less than 24 hours and even faster during emergencies. Accountants and CFOs described the team as knowledgeable and friendly, and said support representatives resolve questions or minor issues right away. The consistent responsiveness led several users to say SBS Financials treats long-term clients like new customers.
