SmartVault Announces SmartVault Accountant Edition: New Version Streamlines Workflow for Accountants and Bookkeepers

Rosemont, IL – August 25, 2009 – At the MidWest Accounting & Finance Showcase, SmartVault, a leading Software-as-a-Service provider of document management solutions designed for QuickBooks, today announced a new offering intended for the accountant and bookkeeper, SmartVault Accountant Edition. Built on the success of its award-winning solution for client bookkeeping released in May 2009, SmartVault Accountant Edition offers new features and usability enhancements designed to provide an intuitive solution to manage all client documents and corresponding communications with ease and efficiency.

“Our mission is to provide easy to use and intuitive solutions for accounting professionals and business users at an affordable price. Our customers have been asking for an even easier way to manage clients and with SmartVault Accountant Edition we are delivering on that request. In addition, one of the benefits of a Software-as-a-Service solution is that we can respond promptly to customer feedback. We are continually refining the product with new features and enhancements that are available for free to our customers.” – Eric Pulaski, founder and CEO, SmartVault.

Accounting professionals need a solution that makes it easy to organize and share documents from a variety of sources – electronic, e-mail, fax, and paper &ndash and more importantly, it has to be easy for their clients to use too. With SmartVault Accountant Edition, accounting professionals can leverage the power of the QuickBooks interface that they &ndash and their clients &ndash already use today with the convenience of the Internet to provide a powerful document management solution that will enhance the bookkeeping workflow and save countless hours by eliminating manual, paper-based tasks.

New features and usability enhancements in the SmartVault Accountant Edition include: streamlined client set up and management; enhanced security access levels for both firm and client users; members of the firm use the product for free and free training and orientation sessions are available for firm users, enabling the firm to stay focused on their core business while getting up and running on SmartVault.

SmartVault also offers a solution for businesses, SmartVault Business Edition. With SmartVault Business Edition business users get built-in organization and a highly efficient and secure solution for communicating and collaborating with their accountant or bookkeeper. SmartVault’s web-based solution means that documents are stored in a secure off-site datacenter, where they can be accessed anytime, anywhere, via QuickBooks or over the Internet using a web browser. This ensures business continuity in the event of a disaster. Additional benefits of the SmartVault Business Edition include the ability to easily manage access levels for users, invite an accountant or bookkeeper free to share and collaborate, and plans can be customized to add new users or more document storage as the customer’s needs grow.

Availability and Pricing

SmartVault Accountant Edition and SmartVault Business Edition will be available on starting August 31, 2009. Current accounting and bookkeeping customers can upgrade to SmartVault Accountant Edition for free by sending an email to Plans for both SmartVault Accountant Edition and SmartVault Business Edition start at $19, but for a limited time, accountants and bookkeepers can purchase SmartVault Accountant Edition client vaults for a 10 percent discount ($17.10/month per client vault) – with additional discounts offered up to 25% for multiple clients.