SBS Group Presented with 2017 BI360 Platinum Partner of the Year Award

Leading Business Intelligence Software Firm Recognizes SBS Group for Excellence in Delivering Solutions

Solver, Inc. named SBS Group as the 2017 BI360 Platinum Partner of the Year Award winner. Solver honored their top partners for demonstrating significant customer impact by delivering the BI360 Suite to help customers optimize their corporate performance management processes.

Solver honored 8 companies for their achievements in 2017, across various partner categories both globally and regionally. Of the more than 300 partners worldwide, these partners were nominated and selected for their excellence in customer service and innovation.

“We are especially excited to announce and recognize our top-achieving partners both in the U.S. and abroad, as last year was deemed our Year of the Partner and we are now starting to see the results,” said Nils Rasmussen, Solver CEO. “Our strong partner channel is the main reason we are expanding domestically and internationally, faster than ever. BI360’s success has everything to do with the partner relationships we have built along with committed, hard-working product experts. On behalf of Solver’s global family, I would like to congratulate and thank our award winners for their achievements in the past 12 months and for their continued dedication and support of Solver and the BI360 product suite.”

“BI360 has been a tremendous solution that cuts across all types of financial and operational reporting, budgeting, and analytics with capability to scale from our smallest to our enterprise level clients”, noted Eric Forgo, SBS Director of BI and CRM. “Because of the integration to each of the four Microsoft Dynamics ERP platforms, the ease of deployment is high and has yielded a very satisfied group of customers. We look forward to growing with Solver to serve our customers and deploy best of breed cloud-based solutions.”

About SBS Group
SBS Group is a Microsoft Master VAR and Indirect Cloud Solutions Provider (CSP) specializing in Microsoft Dynamics solutions and services for companies of all sizes. With more than 3,000 active customers served by over 300 employees across 40 locations in North America, SBS Group is a recognized leader in cloud ERP, CRM, productivity and business intelligence solutions. We simplify the cloud experience and help our customers realize business value faster with SBS Group AXIO solutions for Dynamics 365 and our streamlined RightPath approach. SBS Group is headquartered in Edison, NJ and has been a recognized leader in Microsoft business solutions for over 30 years. http://www.sbsgroupusa.com

About Solver
Solver provides BI360, the leading cloud and on premise Corporate Performance Management and Business Intelligence suite for Microsoft Dynamics, Sage, SAP, Intacct, Acumatica, NetSuite and other ERP systems. Solver is a Microsoft Gold ISV Partner and the winner of the Microsoft BI Partner of Year Award and has a presence on the Gartner Group CPM Magic Quadrant. BI360 is sold through a worldwide network of partners and is ideal for companies looking to find a user-friendly, yet highly functional Strategy, Forecasting, Budgeting, Reporting, Dashboard, and Data Warehouse solution to give them deep insight and actionable information across all facets of their organization. For any questions, visit Solver’s website or contact Solver at info@solverglobal.com.

The Truth Behind Sales Tax Audits

Repost from Avalara

With the myriad responsibilities involved in running a successful business, it should come as no surprise that preparing for a sales and use tax audit is not exactly a high priority or favorite topic of conversation among business owners. There are only so many hours in a day, and many companies choose to put examining their compliance process on the back burner; at worst, the idea is ignored entirely. Even business owners who are ready and willing to tackle the issue rarely know where to begin. But sales and use tax audits don’t have to be a specter that looms in the mind of every well-intentioned businessperson. Instead, in the same way, we are told the benefits of “knowing thy enemy,” knowing one’s compliance process as it relates to industry-specific audit risk can make all the difference in the world.

First, an important clarification: Auditors are not the enemy in this scenario, audit risk is. The current tax system is, for many, extremely complex and difficult to navigate, but auditors are simply those tasked with ensuring that business owners — with all the tools at their disposal — are honoring what’s owed to the state. Every year, it seems there are fewer states not suffering from a budget deficit, and as a result, states are finding more ways to maximize the number of sales and use tax revenue, including significantly increasing the audit workforce across the country. In short, auditing is easy money. Furthermore, not only are states adding to their audit divisions, but many of those newly hired auditors are setting up shop outside of their home state and auditing out-of-state businesses. With nexus legislation and use tax reporting requirements proving difficult to pass or enforce, it’s no wonder states turn to their audit professionals to save the day.

So, what do you do if you’re a remote auditor charged with bringing home the bacon? Easy: You target companies with an obligation to collect and remit your state’s tax, and you focus on the industries most prone to error when it comes to compliance. That list is shorter than you might think. According to a study Avalara conducted with Peisner Johnson & Company, nearly 60 percent of state audits are spread among just four or five industries: retail, manufacturing, construction, wholesale/distribution, and food service. This reality is the basis of the newest Avalara whitepaper, Sales and Use Tax Audits Uncovered: Who Gets Audited, Why They Get Audited, and the Impact on Companies.

As the whitepaper reveals, certain industries get targeted by auditors due to the nature of how they operate, like how food service companies are frequently audited because they’re cash-based and known to leave cash unreported. Beyond that, the primary reason these industries are targeted is that they historically fail to adhere to state and local sales and use tax regulations. In fact, according to the California Board of Equalization, the number one most frequent error of noncompliance made by businesses typically involves untaxed purchases from out-of-state vendors. Consequently, the data suggests that the bulk of audit assessments resulting from these errors came from use tax not being paid. And these are no small assessments: Avalara’s joint study also found that the average cost of an audit is approximately $114,000 including penalties, fees, and professional counsel. That’s quite a price to pay for something so avoidable.

Ultimately, when it comes to sales and use tax audits, the best offense is a solid defense. In the whitepaper, Sales and Use Tax Audits Uncovered, you’ll learn the most common audit triggers for each key industry, as well as how best to prepare and support yourself before or during an audit. Sales and use tax compliance may be tricky, but with the wealth of tools and information available today, business owners have never been in a better position to eliminate risk and safeguard themselves against a costly audit.

SBS Group is Again Included in Inc. Magazine’s 36th Annual List of America’s Fastest-Growing Private Companies—the Inc. 5000

For the 6th Time, SBS GROUP Appears on the Inc. 5000 list, Ranking No. 3636 with Three-Year Sales Growth of 84%

EDISON, NJ (PRWEB) AUGUST 17, 2017

Inc. magazine ranked SBS GROUP NO. 3636 on its 36th annual Inc. 5000, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment— its independent small and midsized businesses. Companies such as Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees of the Inc. 5000.

“We are honored to once again be recognized as one of the country’s fastest growing companies,” said James Bowman, President and CEO. “SBS Group continues to see steady revenue growth along with the expansion of our client base, partner network, and our portfolio of innovative cloud and business solutions. Our success is built on delivering exceptional service to our clients and providing our partners and the market with solutions helping companies modernize their businesses and realize business value.”

The 2017 Inc. 5000, unveiled online at Inc.com and with the top 500 companies featured in the September issue of Inc. (available on newsstands August 16) is the most competitive crop in the list’s history. The average company on the list achieved a mind-boggling three-year average growth of 481%. The Inc. 5000’s aggregate revenue is $206 billion, and the companies on the list collectively generated 619,500 jobs over the past three years. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at http://www.inc.com/inc5000.

“The Inc. 5000 is the most persuasive evidence I know that the American Dream is still alive,” says Inc. President and Editor-In-Chief Eric Schurenberg. “The founders and CEOs of the Inc. 5000 tell us they think determination, risk taking, and vision were the keys to their success, and I believe them.”

The annual Inc. 5000 event honoring all the companies on the list will be held from October 10 through 12, 2017 at the JW Marriott Desert Springs Resort & Spa in Palm Desert, CA. Speakers include some of the greatest entrepreneurs of this and past generations, such as former Ford president Alan Mullaly, FUBU CEO and founder and “Shark Tank” star Daymond John, Dollar Shave Club founder Michael Dubin, researcher and #1 New York Times bestseller Brené Brown, and Gravity Payments’ founder and CEO Dan Price.

About SBS Group
SBS Group is a Microsoft Master VAR and Indirect Cloud Solutions Provider specializing in Microsoft Dynamics solutions and services for companies of all sizes. With more than 3,000 active customers served by over 300 employees in local offices across North America, SBS Group is a recognized leader in Cloud, ERP, CRM, productivity and business intelligence solutions. We simplify the cloud experience and help customers realize business value faster with AXIO solutions for Dynamics 365 and our streamlined “Move to Modern” approach. SBS Group is headquartered in Edison, NJ and has been a technology innovator and leader for over 30 years. http://www.sbsgroupusa.com.

More about Inc. and the Inc. 5000

Methodology
The 2017 Inc. 5000 is ranked according to percentage revenue growth when comparing 2013 to 2016. To qualify, companies must have been founded and generating revenue by March 31, 2013. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2016. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2013 is $100,000; the minimum for 2016 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.

About Inc. Media:
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Winner of the National Magazine Award for General Excellence in both 2014 and 2012. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 18,000,000 today. For more information, visit http://www.inc.com.

The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list of the nation’s most successful private companies has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates their remarkable achievements. The event also offers informative workshops, celebrated keynote speakers, and evening functions.

For more information on Inc. and the Inc. 5000 Conference, visit http://conference.inc.com/.


To read the full release, click here.

SBS Group Named to Accounting Today’s 2017 Top 100 VARS

SBS Group, an industry leading information technology and consulting company, is ranked #9 on Accounting Today’s 2017 VAR 100.

SBS Group, an innovative IT services and consulting company, is pleased to announce its ranking on Accounting Today’s 2017 VAR 100 list. SBS Group was placed at #9 on Accounting Today’s list among some of the country’s leading value added resellers (VARs) of accounting and ERP technology.

Placement on the list can be attributed to SBS Group’s commitment to evolution and expansion, not only in accounting and ERP solutions, but also in the business intelligence, customer relationship management (CRM) and cloud technology spaces. SBS Group continues to add more solutions to their cloud portfolio and cloud marketplace (shop.sbsgroupusa.com) and make investments to expand their business intelligence and CRM practices.

“Being recognized by Accounting Today is a significant accomplishment for our team and reflects the continued evolution of SBS Group to remain relevant to our client’s needs,” said James Bowman. “We remain energized and committed to delivering solutions that drive our client’s business further.”

Accounting Today’s 2017 VAR 100 list is an annual report developed to rank the top technology resellers in the accounting and ERP space. The website is a leading provider of online news for the tax and accounting community. Accounting Today provides breaking news, in-depth features and editorial analysis.

Accounting Today’s 2017 VAR 100 is available for download on http://www.accountingtoday.com.

About SBS Group
SBS Group is a Microsoft Master VAR and Indirect Cloud Solutions Provider (CSP) specializing in Microsoft Dynamics solutions and services for companies of all sizes. With more than 3,000 active customers served by over 300 employees across 40 locations in North America, SBS Group is a recognized leader in cloud ERP, CRM, productivity and business intelligence solutions. We simplify the cloud experience and help our customers realize business value faster with SBS Group AXIO solutions for Dynamics 365 and our streamlined RightPath approach. SBS Group is headquartered in Edison, NJ and has been a recognized leader in Microsoft business solutions for over 30 years. http://www.sbsgroupusa.com.


To read the full release, click here.

SBS Group Achieves the 2017/2018 Inner Circle for Microsoft Dynamics

The company is honored by Microsoft for achieving outstanding sales achievement and innovation.

SBS Group, a leading information technology services and consulting firm, has achieved the prestigious 2017/2018 Inner Circle for Microsoft Dynamics. Membership in this elite group is based on sales achievements that rank SBS Group in the top echelon of the Microsoft global network of partners. Inner Circle members have performed to a high standard of excellence by delivering valuable solutions that help organizations achieve increased success.

2017/2018 Inner Circle members are invited to the Inner Circle Summit, taking place in fall 2017 where they will have a unique opportunity to share strategy and network with Microsoft senior leaders and fellow partners.

This recognition of Inner Circle for Microsoft Dynamics came during Microsoft Inspire (formerly Microsoft WPC), the annual premier partner event, running from July 9-13, 2017 in Washington, D.C.. Microsoft Inspire provides the Microsoft partner community with the opportunity to learn about the company’s road map for the upcoming year, establish connections, share best practices, experience the latest product innovations and learn new skills.

“Each year we recognize and honor Microsoft Dynamics partners from around the world for exemplary business performance,” said Frank Holland, Corporate Vice President, Microsoft Business Solutions Sales & Partners. “ These award-winning partners represent the top 1% of Microsoft Dynamics partners in terms of sales performance, but their critical impact on the success of our shared customers is what truly stands out. Microsoft is honored to recognize SBS Group for their achievements this past year and for their dedication and support of Microsoft Dynamics solutions.”

SBS Group is dedicated to supplying valuable solutions that help customers realize business value faster by working with them to identify the best solutions and services that accommodate their business needs while excelling in customer satisfaction. By collaborating with the teams at Microsoft, the SBS team maintains a strong expertise of Microsoft cloud services and technologies to provide innovative solutions, strong services, and positive business impact to their customers. This is the fifth time this decade that SBS has achieved Inner Circle.

“We are pleased to once again be recognized as part of this exclusive group,” said James R. Bowman, SBS Group’s President and CEO, “This achievement is a result of the tremendous efforts and deep commitment of everyone at SBS Group to delivering great solutions and excellence in serving our employee, partner, and customer communities.”


To read the full release, click here.

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