GMS-Accounting-Software
by GMS-Accounting-Software
by GMS-Accounting-Software
Profile Information Last updated on: 8 August 2024
Profile Information Last updated on: 8 August 2024
We help make selecting a software for your business effortless, economical and efficient.
by GMS-Accounting-Software
by GMS-Accounting-Software
Profile Information Last updated on: 8 August 2024
Profile Information Last updated on: 8 August 2024
Grants Management Systems, Inc. (GMS) is a software vendor that provides specialized accounting and financial management solutions primarily for nonprofit and public organizations. Founded in 2005 and headquartered in Chicago, Illinois, GMS operates with additional offices across the United States. The company focuses on delivering robust, entity-wide accounting systems designed to meet the unique requirements of managing grants, contracts, and program activities for its target audience.
GMS was established in 2005 to create accounting software tailored specifically for nonprofit and public organizations. Over the years, the company has expanded its reach across the United States, catering to a variety of service-based industries including accounting, financial services, healthcare, and more. This growth has been supported by the development of a comprehensive suite of software solutions that address the specific needs of these sectors.
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GMS offers the GMS Accounting and Financial Management System, which is available in three editions: Basic, Professional, and Enterprise. These editions are designed to cater to organizations of varying sizes and complexities:
The software can be deployed as both a cloud-based solution, offering flexibility and remote access, and an on-premise solution, providing more control and customization options. Key features include general ledger management, accounts receivable and payable, order and billing management, payroll processing, and comprehensive reporting and analytics.
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GMS continuously updates its software to include new features that meet the evolving needs of its users. These updates often focus on improving compliance capabilities, expanding reporting options, and enhancing user experience through better integration and automation.
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GMS serves a diverse user base, primarily consisting of nonprofit and public organizations that require specialized accounting solutions. The software is designed to accommodate small to medium-sized service businesses, with a user base that spans various industries such as healthcare, legal services, and marketing agencies. The community around GMS likely includes financial professionals and administrators who rely on the software for efficient and compliant financial management.