SmartVault Releases New Solution for Client Bookkeeping

Enables Accounting Professionals to Increase Value to Their Clients, Streamline Billing and Account Management, and Seamlessly Go Paperless

NEW JERSEY – May 6, 2009 – At the 2009 New Jersey Accounting, Business and Technology Show, SmartVault, a leading Software-as-a-Service provider of document management solutions designed for QuickBooks, today announced the availability of its latest release, designed specifically for accounting professionals who provide client bookkeeping as part of their service offering. SmartVault will be demonstrating their new offering in Booth #104.

This new release seamlessly integrates document management into the client bookkeeping workflow process, allowing those responsible for bookkeeping the ability to handle more clients in less time, offer enhanced client services, and enable both the practice and the client the easiest way to go paperless.

“Customers love the SmartVault technology. However, we needed to create a much simpler interface for accounting professionals to set up and manage multiple clients,” said Eric Pulaski, founder and CEO at SmartVault. “Our new client bookkeeping solution delivers on that. In addition, we enable firms to create new revenue opportunities by offering their clients an on-line document portal and other services that can be bundled as part of their overall bookkeeping offering to their clients.”

This new solution enables accounting professionals to manage multiple clients from a single interface and receive a single bill for all clients – with volume discounts up to 20 percent. Accountants and bookkeepers can more easily organize every piece of paper and client correspondence – including documents, reports, e-mails, notes, and even business-related photos. Documents are always available from within QuickBooks and can be accessed anytime, anywhere over the Internet using a Web browser. Accounting professionals can also set up an Inbox to allow administrative staff and clients who don’t use QuickBooks the ability to scan and upload documents for processing – ensuring paperless behavior is easily adopted by both the practice and the clients.

The new version also includes updates to the SmartVault portal, help and support sites to enhance the user experience. Client bookkeepers can now:

  • Set up a new client in minutes
  • Manage multiple clients easily from a single interface
  • Create new revenue opportunities by billing clients back for the service
  • Configure unlimited Inbox-only users to encourage scanning within the practice and by the client
  • Invite clients via e-mail to grant access to their documents
  • Attach to 30 different entries in QuickBooks – more than any other document management solution – including new support for Report Center, Company Snapshot, and Items
  • Attach financial reports directly to the Report Center instead of e-mailing or printing and mailing sensitive client data

GrowthForce Looks to SmartVault to Continue to Add Value to its Clients

GrowthForce, a leading national provider of outsourced bookkeeping and controller services to small businesses, helps small businesses grow by enabling owners to focus on their core competencies. SmartVault is enabling GrowthForce to do just that by changing the way the company works with their clients by providing an easy-to-use interface so that their clients, even those not using QuickBooks, can scan or upload documents directly to the SmartVault Inbox. By getting their documents to GrowthForce in a digital format in a very timely manner, SmartVault provides a hassle-free mechanism to share QuickBooks company files so that GrowthForce always has access to the latest version.

“We are always looking for ways to work smarter with our clients and take the ‘pain’ out of managing their books so they can stay focused on growing their business,” said Stephen King, GrowthForce president and CEO. “Being able to set up multiple clients under a single GrowthForce account and receive one monthly bill is a significant new feature that will greatly simplify our ability to get all of our clients set up with their own vault and streamlines the overall bookkeeping process. My goal for GrowthForce is to have every client set up with a vault.”

Pricing and Availability

The new solution for client bookkeeping is available now. Client vaults can be set up for $19 a month and include a single client user with access to QuickBooks and the portal, unlimited Inbox-only users, and storage for up to 1,000 documents. Discounts of up to 20 percent are also offered for multiple client vaults. In addition, as clients’ needs grow, additional users can be added for $5 per month and additional storage can be purchased for as little as a half-cent per document, per month. Accounting professionals who sign up for a SmartVault account and become a SmartAdvisor can get a free vault to use for their own company file. During the month of May, SmartAdvisors get their first client vault free for three months. Because SmartVault is a Software-as-a-Service (SaaS) solution, upgrades are available immediately for current customers with no change in monthly subscription fees and no additional costs.

To learn more and sign up for a free SmartAdvisor account, visit