Press Releases

For immediate release:

09/15/2015:  Accounting Power Awarded Best Small CPA Firm Solution and Best Cloud Solution by K2 Enterprises

05/06/2015:  AccountantsWorld Partners with Yodlee, Adding Bank Feeds Feature to their Accounting Power Software

12/18/2014:  Sharada Bhansali of AccountantsWorld, named one of the Top Most Powerful Women in Accounting

11/13/2014:  AccountantsWorld significantly enhances Accounting Power

08/20/2014:  A Major Redesign of Website Relief

06/20/2014:  AccountantsWorld Announces Continued Partnership with HBK CPAs & Consultants

09/04/2013:  AccountantsWorld Appoints Jeff Gramlich President

02/01/2013:  Accounting Power Unveils New Innovations as a "True Cloud" Professional Accounting Solution


Accounting Power™ from AccountantsWorld Awarded Best Small CPA Firm Solution and Best Cloud Solution by K2 Enterprises.

Contact: Ben Milano
Director of Marketing
Phone: (631) 415-9173
marketing@accountantsworld.com

Hauppauge, NY, September 10, 2015 – Accounting Power™ from AccountantsWorld, a pioneer in cloud-based software solutions for accountants for over 15 years, has received two honors in the 14th annual K2 Technology Quality Awards, presented by K2 Enterprises. Accounting Power received both the Best Small CPA Solution and Best Cloud Power Solution awards this year, making AccountantsWorld one of only two professional solution providers to earn multiple awards from K2 in 2015.

"We’re thrilled that Accounting Power has been recognized once again for its unwavering commitment to the professional accountants," said Dr. Chandra Bhansali, CEO and Co-founder of AccountantsWorld. "Our Power Practice System is the first fully integrated suite that harnesses the cloud to revamp every aspect of accounting practices and helps accountants greatly enhance their client services."

Created with the professional accountant in mind, Accounting Power is shifting the paradigm of accounting, and as a result, is giving accountants greater control over their accounting services. Accounting Power helps accountants work collaboratively with their clients and easily customize their services to best meet each client’s needs. "AccountantsWorld has been an innovator in collaborative accounting for over a decade," said Randy Johnston, Executive Vice President of K2 Enterprises. "Their model is ‘public accounting profession-friendly’, and they are one of the few entry-level products to include inventory, costing and payroll all in a SaaS product."

About AccountantsWorld

At AccountantsWorld, we Put Accountants First. Our focus is on supporting accountants and revitalizing the accounting profession to make accounting practices more rewarding and profitable. Unlike most solution providers to accountants, we never sell any product or services directly to accountants’ clients or compete with them. To help accountants capitalize on the billions of dollars’ worth of opportunities created by the cloud, we’ve created a complete suite of seven highly innovative breakthrough cloud solutions for accountants that are changing the landscape of two core services—payroll and accounting. These solutions put accountants back in the driver’s seat, regaining control of client accounting while working collaboratively with their clients. Our new model benefits both accountants and their clients, enabling accountants to better serve their clients while raising their own practices’ bottom line. Visit www.AccountantsWorld.com to learn more.

About K2 Enterprises

K2 Enterprises is a Hammond, Louisiana based organization that provides continuing professional education services to the accounting profession and marketing consulting services to technology providers in the accounting market. K2 Enterprises delivers approximately 900 educational programs to over 40,000 professional accountants on an annual basis throughout the United States and Canada. They are registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. Visit www.k2e.com for more information.

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Sharada Bhansali, Co-founder of AccountantsWorld, named one of the Top Most Powerful Women in Accounting.

Contact: Ben Milano
Director of Marketing
Phone: (631) 415-9173
marketing@accountantsworld.com

December 18, 2014: AccountantsWorld, a leading provider of cloud-based solutions for accountants is proud to announce that CPA Practice Advisor has named Sharada Bhansali, Co-founder of AccountantsWorld, one of the Top Most Powerful Women in Accounting. The announcement and awards were presented at The Sleeter Group’s 2014 Accounting Solutions Conference held November 9-12 at Caesar’s Palace in Las Vegas.

The award reflects the ever increasing number of women involved in the accounting industry and the influence that they have in the development of technology which helps accountants succeed and grow their practices. "This is truly a great honor, not only for me, but for professional women all across the United States. It reflects how the industry has changed, and demonstrates the impact that women have had on all areas of the industry be it technology, research or running their own business" said Sharada.

Sharada holds a Master’s degree in both Engineering and Mathematics. She has led the development of a new class of "Accountant-Centric" solutions, making a long-lasting, significant contribution to the accounting profession. As an entrepreneur, Sharada has been serving the accounting profession for over 33 years. In 1984, she founded AccountantsWorld’s predecessor, Micro Vision Software, a leading producer of desktop solutions for accounting professionals. Micro Vision’s Tax Relief system was one of the most highly acclaimed professional tax software packages and the first to take full advantage of the Microsoft Windows platform. Along with her husband, Dr. Chandra Bhansali, Sharada co-founded AccountantsWorld where together they are forging new paths with cutting edge, accounting-centric software such as Accounting Power, Payroll Relief, Cloud Cabinet, Website Relief, Directory Listing, After-the-Fact Payroll and Practice Relief - all designed specifically for accountants.

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AccountantsWorld Partners with Yodlee, Adding Bank Feeds Feature to their Accounting Power Software Solution.

Contact: Ben Milano
Director of Marketing
Phone: (631) 415-9173
marketing@accountantsworld.com

Hauppauge, NY, April 29, 2015 – AccountantsWorld, a pioneer in cloud-based software solutions for accountants, is pleased to announce a partnership with Yodlee, a leader in technology and applications for digital financial services.

By partnering with Yodlee, AccountantsWorld is now able to provide a convenient new Bank Feeds feature that automatically downloads banking information from thousands of bank and credit card providers to provide up-to-date information to relevant screens in the Accounting Power application.

"This enhancement allows accountants to save a significant amount of time as AccountantsWorld has mapped the details of the bank feed to the appropriate accounts in our Accounting Power software application. Another important benefit of this integration is that makes it easier for accountants to monitor clients’ cash flow and give crucial financial advice in a timely manner," said Sharada Bhansali, Co-founder of AccountantsWorld.

Not only does this enhancement cut data entry errors and significantly reduce data entry time and effort, it also provides the following benefits:

  • Simplifies bank reconciliation for bookkeeping clients
  • Makes it easier for accountants to offer near-real-time advice to write-up clients
  • Streamlines client communications by eliminating reminders to provide information

About AccountantsWorld

For over 14 years, AccountantsWorld has been the leading provider of cloud-based solutions for accountants. AccountantsWorld offers a complete, integrated suite of innovative accounting, payroll, and practice management solutions that help accountants work collaboratively with clients to foster greater client loyalty and improve practice bottom lines. AccountantsWorld is also the only leading cloud solutions provider that puts Accountants First™ by never competing with accountants or selling services directly to their clients. For more information about Practice Relief or any other AccountantsWorld cloud-based solutions, please visit www.AccountantsWorld.com or call 1-888-999-1366.

About Yodlee®

Yodlee (Nasdaq:YDLE) is a leading technology and applications platform powering dynamic, cloud-based innovation for digital financial services. More than 800 companies, including 9 of the 15 largest U.S. banks and hundreds of Internet services companies, subscribe to the Yodlee platform to power personalized financial apps and services for millions of consumers. Yodlee solutions help transform the speed and delivery of financial innovation, improve digital customer experiences, and deepen customer engagement.

Yodlee is headquartered in Redwood City, CA with global offices in London and Bangalore. For more information, visit www.yodlee.com

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AccountantsWorld makes significant enhancements to ACCOUNTING POWER® with primary focus on mobility and complete accounting.

Contact: Ben Milano
Director of Marketing
Phone: (631) 415-9173
marketing@accountantsworld.com

November 13, 2014: AccountantsWorld, a leading provider of cloud-based solutions for accountants, has announced major enhancements to its popular ACCOUNTING POWER software, part of its complete suite of cloud-based applications. These enhancements are designed to accommodate a more mobile audience on smartphones and tablets in addition to its availability across all browser platforms. Enhancements include expanded tools for financial analytics, including a comprehensive Dashboard, financial reporting capabilities, and bill payment approval process to help accountants perform complete accounting services more efficiently. A streamlined setup process, more intuitive navigation, and overall operational and archiving advances have been implemented, all designed with the critical needs of accounting professionals in mind.

"The entire platform has been optimized from the ground up for display on mobile devices, tablets, and across all browsers" said Sharada Bhansali, Executive VP and Co-Founder of AccountantsWorld. "Our reorganized Dashboard provides an expanded graphical interface with more useful and robust charts, data, and reports. With our enhanced software, uploading and editing e-statements are now easier, with the ability to add an alias ’on the fly‘ when importing credit cards and on bank transactions. This function, which usually takes hours, can now be done in minutes using ACCOUNTING POWER."

ACCOUNTING POWER now allows three years for open transactions, and up to two for closed years, and provides the full range of letters based on AICPA guidelines that accounting practices need. In addition, ACCOUNTING POWER now offers enhanced capabilities for Not-for-Profit organizations.

"ACCOUNTING POWER makes it extremely easy to archive reports and financials and share them with your clients," said Dave Munnell, Director of Product Development at AccountantsWorld. "You can create a custom report set that is automatically archived and made available to your client as soon as you close a period. This provides users with consistent reporting and archiving, which is now easier and fully automated. And now you can keep your financials and reports for as long as you want," continued Dave. Accounting Power also has improved flexibility, making the initial setup more streamlined and eliminating the usually-required accounting formatting.

These new enhancements continue to strengthen the family of AccountantsWorld products. ACCOUNTING POWER puts control back into the hands of accountants, and makes client accounting both highly efficient and more profitable. By combining all accounting functions into one unified cloud-based accounting system, Accounting Power practically eliminates key time wasters, streamlining client accounting and reducing the time accounting firms spend on client overhead by 30-50%.

For more information about Accounting Power, please visit http://www.accountantsworld.com/apower.

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AccountantsWorld Introduces a Major Redesign of Website Relief – Website Builder Solution Designed Exclusively For Accountants.

Contact: Ben Milano
Director of Marketing
Phone: (631) 415-9173
marketing@accountantsworld.com

August 20, 2014: AccountantsWorld is proud to announce a major redesign to Website Relief, its cloud-based solution designed to help accounting firms create websites and virtual offices. The new Website Relief makes it easier than ever for accountants to build websites that engage and inform both existing and potential new clients.

For over a decade, Website Relief has been a pioneer in helping accountants build fully customized sites that engage and inform new prospects and securely deliver useful tools and information to existing clients. The new Website Relief takes AccountantsWorld’s leadership in the website space to a new level. It offers the widest selection of professionally designed themes to allow accountants to design and launch attractive, easy-to-use websites in less time than ever before. And firms can create unlimited pages for their site and add them to their own menus for customized content and navigation.

But even more significantly, the new Website Relief offers a feature set unmatched by any other website building tool for accounting firms:

  • All Website Relief sites are automatically optimized for display across multiple devices, including mobile phones and tablets. Recent research indicates that over half of small-business owners now research products and services for their businesses on their mobile devices. Website Relief’s optimization ensures that accountants’ sites will be presented beautifully, regardless of how viewers choose to access them.
  • With an upgraded platform based on HTML-5 and the latest web standards, the new, easy-to-use and flexible Website Relief provides improved search engine optimization, which means a higher ranking (and more leads) for websites with strong content.

Using Website Relief’s powerful and flexible features, users can:

  • Personalize website content with firm logos, custom pages, and uploaded images.
  • Design "slider panels" to display a moving banner of multiple images across any page.
  • Include Website Relief’s unique interactive Client Survey to gather direct feedback from clients.
  • Add customizable links to Google Maps on the Contact Us page.
  • Insert access to social media platforms such as LinkedIn, Facebook, and Twitter on any page.
  • Review a Dashboard of website statistics, including recent publish dates and versions.
  • Create a blog. Blogs can boost the search relevance of accountants' sites by 30% or more, and Website Relief now delivers fully integrated blogs at no additional charge.
  • Include interactive standard or customizable forms on any page, to collect contact data and engage website visitors.
  • Mark any page as "draft" until it’s ready for publishing.

"Ten years ago, AccountantsWorld created the first website builder solution designed exclusively for accountants, and with the brand-new Website Relief, we’re proud to continue to provide industry-leading innovation in this vital category," said Sharada Bhansali, AccountantsWorld’s co-founder and Senior Vice President. "Our mission with Website Relief remains consistent: to help accountants improve their firms’ visibility to new clients and their retention of current clients. Websites remain the most visible and critical vehicle for accounting firms of all sizes to present and differentiate themselves. Any accounting firm looking to improve their growth and retention should discover what separates Website Relief from its competition."

Sample Webiste Pages:

For more information about Website Relief, please visit http://www.accountantsworld.com/WR.

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AccountantsWorld Announces Continued Partnership with HBK CPAs & Consultants.

Contact: Ben Milano
Director of Marketing
Phone: (631) 415-9173
marketing@accountantsworld.com

June 20, 2014: AccountantsWorld, a leading provider of cloud-based solutions in accounting and payroll services, has announced the signing of a strategic partnership with HBK CPAs & Consultants (HBK), a Top 100 accounting and wealth management services firm based in Youngstown, Ohio.

HBK will use AccountantsWorld’s award-winning software solutions across its entire firm, which includes offices located in Ohio, Pennsylvania, New Jersey and Florida that offer a myriad of tax, accounting, business consulting, valuation/litigation support, wealth management and business advisory services to thousands of clients.

"AccountantsWorld takes great pride in partnering with accounting firms of all sizes with a singular goal in mind: to help them manage their evolving needs and grow their business," said Jeff Gramlich, president of AccountantsWorld. "We view today’s announcement as a starting point for a long-term, multi-faceted relationship with HBK, and we are tremendously excited to help such a dynamic, highly recognized firm continue to achieve its strategic goals."

"The resources AccountantsWorld provides helps accounting firms grow their businesses. We are confident this affiliation will help enhance the wide range of the services we offer our clients, as well as in assisting with our own aggressive goals for growth," said Martin M. Gargano, CPA and Principal at HBK.

About AccountantsWorld
For over 29 years, AccountantsWorld has been the leading provider of cloud-based solutions for accountants. AccountantsWorld offers a complete integrated suite of innovative accounting, payroll, and practice management solutions to help accountants work collaboratively with clients, foster greater client loyalty, and improve the bottom lines of their practices. AccountantsWorld is also the only leading cloud solutions provider that puts Accountants First™ by never competing with accountants or selling services directly to their clients.

About HBK
Established in 1949, HBK CPAs & Consultants (HBK) serves clients ranging from individuals to small businesses to multimillion-dollar corporations across the United States through office locations in Pennsylvania, Ohio, Florida and New Jersey. HBK specializes in a wide variety of tax, accounting, assurance, and business consulting services to help individuals and businesses achieve their financial goals. HBK is a recurring member of the Accounting Today Top 100 Firms list, having been named the 67th largest firm in 2014 and being ranked #3 in the rankings of "Fastest Growing Firms in the U.S." HBK has also been named to the "Best Employers in Ohio" list for five consecutive years.

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AccountantsWorld Appoints Jeff Gramlich President.

Contact: Ben Milano
Director of Marketing
Phone: (631) 415-9173
marketing@accountantsworld.com

HAUPPAUGE, NY / September 4, 2013 – AccountantsWorld, a leader in cloud-based solutions for accountants, is pleased to announce the appointment of Jeff Gramlich as President, effective August 26, 2013.

Gramlich has served the accounting profession for over 33 years in a number of capacities. Most recently, he was President of the Small Firm Services business unit at CCH, and was instrumental in creating and developing that $130 million unit via both external acquisition and organic growth. As President of AccountantsWorld, Gramlich will help advance AccountantsWorld’s leadership in cloud solutions for accountants and position it for the next phase of its growth.

"AccountantsWorld is well respected in the accounting profession for its ‘Accountants First’ stance and the pioneering work we have done to help accountants harness the power of the cloud. To position AccountantsWorld for continued and accelerated growth in the coming years, we needed an industry leader with broad experience and insight," said Chandra Bhansali, CEO of AccountantsWorld. "Jeff brings a rare combination of leadership, exceptional industry expertise, and a strong technology background. He is an ideal fit for strengthening both our growth trajectory and our core mission – to put accountants first and help them make their practices more rewarding.".

Before joining CCH, Gramlich was an Executive Vice President at Thomson Reuters. He has also been a CPA since 1987, and has been recognized as one of the "Top 100 Most Influential People" in Accounting Today from 2010-2013.

"I am excited to be joining AccountantsWorld," said Jeff Gramlich. "What impressed me most about AccountantsWorld is their genuine commitment to accounting professionals. It is exciting to be a key contributor in an agile, forward-thinking organization that has turned the migration to the cloud into opportunities for accountants to boost their productivity, expand their services, create stronger bonds with their clients, and become more successful."

The accounting profession is reacting very favorably to this development. "Jeff has a strong understanding of technology and how accounting firms operate," said Gary Boomer, a leading expert on accounting technology and firm management. "As a former practitioner and a current technologist, Jeff has a unique blend of skills that will help take AccountantsWorld to the next level."

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Brand New Year, Brand New Accounting Power: AccountantsWorld Unveils New Innovations in Leading "True Cloud" Professional Accounting Solution.

Contact: Ben Milano
Director of Marketing
Phone: (631) 415-9173
marketing@accountantsworld.com

HAUPPAUGE, NY / February 1, 2013 – For over a decade, AccountantsWorld has led the way in developing innovative cloud solutions for accountants. These breakthrough solutions include Accounting Power, the first fully integrated system for both professional accounting and client bookkeeping built for the cloud from the ground up. Now AccountantsWorld has launched a significant update to Accounting Power which revamps the user experience, supports extensive mobile capabilities, and streamlines key accounting processes.

Learn more about Accounting Power

Improved user experience
The web-based interface for Accounting Power has been redesigned to allow for usability on all major browsers. Screens have been enhanced and now include information buttons for quick access to pop-up help. And easier, faster navigation now allows accountants to do their work in less time than ever before – while still experiencing the benefit of anywhere, anytime Web access. For example, users can drill down to trial balances for a client, then return to their previous screen with just one click.

Comprehensive mobile capabilities
Accounting Power now supports all major mobile platforms, and Accounting Power customers also receive unlimited access to a free mobile app. Accounting Power Mobile provides access to many of the system’s most commonly used features, including the ability to run exception and GL reports, view registers and transactions, and manage payables, customer balances and income expense summaries.

Exceptional functionality
Accounting Power has always offered both what accountants and clients need - complete capabilities for general ledger, AR, AP, bank reconciliation, write-up, trial balance, financial reporting, and client management, as well as a full bookkeeping module. Accounting Power streamlines workflow processes and makes accounting virtually paperless. Complete integration with Cloud Cabinet – AccountantsWorld’s online document management system and client portal – provides clients with 24x7 secure access to their financials and reports. Accounting Power offers tools such as dashboards, snapshots, alerts, and secure messaging to let accountants manage their clients’ business finances effectively, guard clients against potential financial woes and become a virtual CFO for their clients.

"The new Accounting Power offers accountants and their staffs the ability to do their professional accounting work more powerfully and efficiently than ever before," notes Sharada Bhansali, Senior Vice President for Development at AccountantsWorld. "With a streamlined interface, simpler navigation, and full support for mobile platforms, we’re continuing and extending our mission of making accounting faster and more profitable for accountants. And our improved alerts and messaging help make it easier than ever for accountants to serve as their clients’ key financial and strategic advisor."

For a live demonstration of Accounting Power’s new features and functionality, please contact Bob Torella at 631-415-9203.

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Please visit www.AccountantsWorld.com or call (888) 999-1366 to learn more.


About AccountantsWorld

Based in Long Island, New York, AccountantsWorld has been serving accounting professionals for the past 29 years. Over 120,000 accountants across the globe use the resources available on the AccountantsWorld.com website each month, and for the last 16 years, AccountantsWorld has been the leading provider of cloud-based solutions designed exclusively for accountants, AccountantsWorld offers a wide range of innovative accounting, payroll, website, and document management solutions to help accountants work collaboratively with clients, foster greater client loyalty, and improve the bottom lines of their practices. AccountantsWorld is also the only leading cloud solutions provider that puts Accountants First™ by never competing with accountants or selling services directly to their clients.