cyberCFO versus QuickBooks
Quickbooks Pro™ is commonly used by dental practices
today. The table below illustrates the expanded benefits cyberCFO provides.
Benefit
cyberCFO
Quickbooks Pro
360° "information loop" integrating your practice,
consultants, accountant and your CyberCFO team
√
Electronically networked financial team constantly alert for
ways to enhance your business
√
Immediate access to the most advanced version - no software
updates needed
√
Dedicated "eVisor" serves as your offsite comptroller
focused on your practice's financials
√
Dedicated "cyberConsultant" provides business
coaching tailored to your practice
√
Access to "eVisory Board" comprised of top level industry
professionals available to consult with you and your team at significantly
reduced fees
√
Access to "Best Practices" from 20 years of work with over
250 successful dentists
√
Seamless transfer of financial data to accountant resulting
in significant savings through greater efficiency
√
Statement format tailored specifically for the dental
industry; proprietary cash flow statement
√
Income statement broken out by team, operating and owner
expenses to provide quick snapshots of key financial details at a glance
√
Easy-to-understand statement format creates a valued
management tool to analyze practice performance
√
Automated check-writing capabilities
√
√
Efficient payroll processing at your fingertips
√
√
Automated bill paying (Accounts Payable process)
√
√
Automated billing and invoicing (Accounts Receivable
process)
√
√
Year-to-date budget to actual comparison
√
√
Ability to generate key management reports
√
√
Vendor tracking for 1099s
√
√
Vendor reports for prior payments
√
√
Prior year comparisons
√
√
Paying vendors via direct deposit
√
√
Security levels for different team members
√
√