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What is DepreciationWorks?

DepreciationWorks is an essential tool for various organizations, including businesses, nonprofits, and government agencies, as it adeptly handles depreciation calculations, schedules, financial reporting, and fixed asset management. It can be installed on personal computers and is capable of accessing data files from any folder visible in Windows Explorer, including those on network drives, without necessitating any additional software or server services, thereby improving its overall accessibility. This application provides an audit trail, ensures alignment with accounting records, and acts as a subsidiary ledger dedicated to fixed assets. Furthermore, it includes a calendar feature that enables users to organize asset warranties and maintenance tasks, accommodating recurring events and Gantt chart representations. Users are able to oversee an unlimited number of companies and assets at once, which enhances operational efficiency. The benefits of using DepreciationWorks considerably outweigh the limitations of traditional spreadsheets, and it offers a simplification of processes that surpasses that of Excel® or standalone tax depreciation software, positioning it as a superior option for organizations of all sizes. Additionally, with its extensive capabilities, DepreciationWorks effectively alleviates the complexities tied to asset management, thereby ensuring precision and productivity in financial oversight, ultimately allowing users to focus on strategic decision-making.

What is BankTEL?

Our Accounts Payable solution is a robust platform designed with a focus on user experience, intended to optimize benefits and improve operational effectiveness. This system automates the handling of invoices, which reduces the need for manual data entry and lowers the chances of errors, while also providing an efficient way to oversee invoices and approval processes. ASCEND’s Fixed Asset application offers a thorough automated framework for tracking asset-related costs, significantly reducing the tedious task of re-entering data. Not only does this application streamline fixed asset management, but it also supports the sale, disposal, and monitoring of assets within your organization. Furthermore, it integrates flawlessly with the bank's general ledger, incorporating features such as tax reporting, depreciation forecasting, and a comprehensive reporting tool, ensuring meticulous management of all financial aspects. In the end, these solutions lead to a smoother and more accurate financial management experience, fostering overall organizational efficiency. This continuous improvement in processes ultimately allows businesses to focus more on their core operations.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

$389 one-time payment
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

DepreciationWorks

Company Website

www.depreciationworks.com

Company Facts

Organization Name

BankTEL Systems

Date Founded

1992

Company Location

United States

Company Website

www.banktel.com

Categories and Features

Fixed Asset Management

Asset Budgeting
Asset Lifecycle Management
Audit Trail
Barcoding / RFID
Depreciation Management
Disposal Management
Document Management
Inventory Tracking
Tax Management

Categories and Features

Accounts Payable

Approval Process Control
Bank Reconciliation
Cash Management
Check Writing
Duplicate Payment Alert
Fraud Detection
General Ledger Entry
Vendor Management

Fixed Asset Management

Asset Budgeting
Asset Lifecycle Management
Audit Trail
Barcoding / RFID
Depreciation Management
Disposal Management
Document Management
Inventory Tracking
Tax Management

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