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Average Ratings 0 Ratings

Total
ease
features
design
support

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Write a Review

Description

CenterPoint was designed to be easy to use. Enter data once, and your accounts will be updated for double-entry accounting. The screens are easy to use and the menu structure is consistent with Microsoft® standards. You can create customized menus and shortcuts to quickly get to the information that you need. You can use the ratios module in order to identify areas of strength or weakness within your operation and help you increase profits and reverse negative trends. There are many farm industry-standard ratios included. No setup is required as the data is based upon categories already created within CenterPoint. The Ferguson Group has provided guidelines for 33 ratios and indexes. These guidelines are also recommended by the Farm Financial Standards Council. You can drill down to see the data behind the indicators and trend information can also be graphed in your database for any number years.

Description

Comparing financial data from year to year can reveal significant trends and underscore the necessity for timely interventions. The analysis of trend ratios is particularly effective when coupled with VentureLine's five-year accounting ratios and a common size analysis approach. By examining different time periods, the strengths or weaknesses in a company’s performance become clear. VentureLine's tools for cross-sectional financial analysis allow for comparisons between industry financial ratios and any specific company, or even between two firms operating within the same sector. Financial analysts frequently recommend the most efficient method of cross-sectional analysis, which involves juxtaposing a company's financial ratios and common size percentages against those of the industry in which it operates. A valuable technique for uncovering potential issues within a business is the preparation and examination of common size financial statements, which present account balances as percentages rather than absolute dollar values. This method facilitates a clearer understanding of relative performance and can help identify areas requiring improvement.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

CenterPoint Depreciation
PSA

Integrations

CenterPoint Depreciation
PSA

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Red Wing Software

Founded

1979

Country

United States

Website

www.redwingsoftware.com

Vendor Details

Company Name

VentureLine

Website

www.ventureline.com

Product Features

Accounting

Accounts Payable
Accounts Receivable
Bank Reconciliation
Billing & Invoicing
CPA Firms
Cash Management
Cryptocurrency Support
Expense Tracking
Fixed Asset Management
Fund Accounting
General Ledger
Government
Multi-Currency
Nonprofits
Payroll Management
Project Accounting
Purchase Orders
Tax Management

Product Features

Financial Reporting

"What If" Scenarios
Audit Trail
Balance Sheet
Cash Management
Consolidation / Roll-Up
Forecasting
General Ledger
Income Statements
Multi-Company
Multi-Department / Project
Profit / Loss Statement

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