DebtBook

DebtBook

DebtBook provides a comprehensive solution for managing debt, cash, leases, and subscriptions for public finance teams, streamlining financial processes and ensuring compliance.

Location: United States
Software Type: Web App

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Description

DebtBook is a cloud-based treasury and accounting software tailored for public finance managers in state and local governments, healthcare, and higher education institutions. The platform consolidates various financial management processes, such as debt management, cash management, lease management, and subscription management, into a unified and user-friendly interface.

## Key Functionalities:
- Debt Management: DebtBook allows users to automate reporting tasks and ensure compliance with disclosure requirements. It enhances data integrity and significantly reduces manual workload, enabling finance teams to manage reporting and payment processing effectively.

- Cash Management: The software features tools like Bank Fee Analysis, helping organizations identify idle cash that can be utilized for interest revenue generation. This feature facilitates real-time data visibility for informed financial decision-making.

- Lease Management: DebtBook supports compliance with GASB 87 and ASC 842 standards, centralizing lease data and automating financial reporting tasks. Users can generate automated footnote disclosures and maintain comprehensive audit trails, enhancing efficiency during audits.

- Subscription Management: The platform simplifies management of subscription-based IT arrangements while ensuring compliance with GASB 96 regulations. It features automated audit notes and self-service capabilities, allowing finance teams to manage project costs effectively.

## Benefits:
DebtBook not only streamlines financial operations but also addresses workforce changes by simplifying the transition during the retirement cliff in public finance. Users report that tasks that previously took weeks can now be completed in just a few clicks, significantly improving overall productivity.

For more information, visit DebtBook.

Features

Debt Management

Consolidates debt management processes into a centralized platform, enhancing data integrity and automating reporting.

Cash Management

Optimizes cash utilization through features like Bank Fee Analysis, providing real-time data for better financial strategy.

Lease Management

Ensures compliance with GASB 87 and automates lease data management, simplifying financial reporting and audit processes.

Subscription Management

Streamlines the management of subscription-based services, ensuring compliance with GASB 96 and enhancing cost management.

Tags

public financefinancial softwarereportingauditing

Documentation & Support

  • Documentation
  • Support
  • Updates
  • Online Support