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FOR
IMMEDIATE RELEASE
E-mail sales@s2inc.com
Manassas, VA –
March 2004
S2 Incorporated
Announces the S2 Project Accounting™ module
S2
Incorporated, developers of business solution software, announces the
release of the S2 Project Accounting™ module. The S2 Project Accounting™ module targets mid-sized,
project-oriented government contractor companies with revenues up to $75
million with 5 to 1000 employees. The module, an enhancement to the Sage Software MAS 90
ERP and Sage MAS 200 ERP accounting systems, is now available with an
Auto Billing Module. This DCAA compliant software module is a perfect fit
for any government-contracting firm.
The module
produces Form 1034
and 1035 government invoices, generates fifteen standard reports, an unlimited
number of custom reports, and is fully compliant with Defense Contract
Audit Agency (DCAA) and Federal Acquisition Regulation (FAR) requirements
bringing sophisticated accounting capability within the reach of smaller
companies.
In a
recent interview, Mr. Pechiney, President and founder of S2 Incorporated,
said, “Some of the accounting solutions offered in the mid-market space
are Solomon™, Wind2™, Great Plains™, Sympaq™ and System One™. Of
those products mentioned, Deltek’s System One™ is the undisputed
mid-market leader and is recognized as the government contractor system.
It remains virtually unchanged for over ten years, except for a
recent face-lift and re-naming as Deltek GCS Premier™.
We among several other DCAA auditors believe that the S2 Project
Accounting™ module has surpassed all the above-mentioned products by
being more flexible, and easy to use”. Written in a more modern language
and designed as a true project-based accounting system is what has made
this the definitive choice by government contracting firms. It is able to
handle multi-tier and unlimited pool setups and contains features such as
the GSA Revenue Recognition. These are just a few reasons why people
choose S2 Project Accounting™ module over many other highly respected
products.
Due to the
extreme depth and sophisticated nature of the S2 Project Accounting ™
module, S2 Incorporated has focused its marketing efforts on partnering
with some of the largest CPA firms in the Washington, D. C. metro area. An
S2 Incorporated spokesperson stated that the company has already made
several important alliances and is in discussions with several national
and multi-national accounting firms.
“The
field”, he stated, “is wide open for a project accounting solution
with functionality approaching the high-end systems and tailored for the
government contractor market. Recently a company CFO called the Module a
‘(mini) Costpoint™’, Deltek’s ERP. We were quick to assure him
that this was not a fair comparison. We are in late stage development of
the Budget and Resource Planning module and that will bring us within
shouting distance. However, it is not our intent to enter the ERP market.
We will be satisfied to claim the number one position on the mid-market
range for the government contractor project accounting market.”
Copyright© 2007 S2
Incorporated. Reproduction in whole or in part without permission is prohibited.
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