SBT Executive Series

What SBT Executive Series does

SBT Executive Series is the flagship accounting/ERP product of Searer Business Technology, Inc., a privately held US software company headquartered in Philadelphia, Pennsylvania. The product is a multi-company accounting system sold as either a cloud SaaS subscription or as an on-premises client/server deployment, and is built around a proprietary multi-entity database architecture that supports virtually unlimited companies/funds within a single database — sharing vendors and customers across entities with automatic intercompany balancing entries. Modular components include General Ledger, Accounts Payable, Accounts Receivable, Order Entry, Purchase Orders, Inventory Control, Project Accounting, Fixed Assets, Audit Tracking, a native Financial Report Writer with drill-back to source documents, a multidimensional chart of accounts (eight-segment account structure), multi-currency support (150+ pre-loaded currencies), user-defined fiscal calendars (up to 999 accounting periods including retail/restaurant 4-5-4 and 13-period variants), and Security Manager with role/profile and field-level controls. The on-premises deployment is positioned for "very large" installations while the cloud subscription is sold month-to-month with no long-term contracts.

The go-to-market is sales-led and direct: mid-market customers reach SBT via the company website (sbtexecutiveseries.com), phone (302-475-6944), and dedicated sales ([email protected]) and technical support ([email protected]) channels. GTM motions split between a SaaS sales motion targeting mid-market customers (no contracts, implementation measured in days) and an enterprise field-sales motion for very large on-premises deployments (full-service support, training, customization, on-site and remote). Marketing is largely top-of-funnel: comprehensive module documentation on the website, industry news release announcements (Version 10 launch in March 2023; TWAIN Direct partnership in November 2023), and partnership marketing through the TWAIN Working Group. Distribution is exclusively direct — cloud SaaS, on-premises client/server, and in-house professional services — with no third-party reseller channel documented.

Revenue is generated across four streams: (1) cloud SaaS subscription billed monthly per concurrent user session; (2) on-premises software licensing on a concurrent user model that the company positions as replacing 2–6 named user licenses; (3) professional services including implementation, training, customization, software development, and dedicated data migration from competing ERPs (QuickBooks Desktop, SAGE PRO/300/100, ACCPAC, MAS 90/200, MS Dynamics GP/SL); and (4) a minor forms/supplies stream via a partnership with Forms Fulfillment Center (checks, envelopes, 1099 forms). Pricing is quote-based and not publicly disclosed. No revenue figures, funding history, or institutional investors are disclosed; the company appears bootstrapped and privately held, with a small employee base of 11–50.

Name

SBT Executive Series

Legal name

Searer Business Technology, Inc.

Website

https://sbtexecutiveseries.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

SBT Executive Series (Searer Business Technology, Inc.) is a privately held Philadelphia-based software vendor that sells a multi-company accounting/ERP platform (Executive Series) to mid-market organizations, delivered as cloud SaaS or on-premises deployment. Revenue comes from subscriptions, concurrent user licensing, and in-house implementation, training, and data migration professional services.

Ownership category

akta.pro rank

Product category

Multi-Entity Accounting Software

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Core ERP Suites (Financials, Procurement, Projects) (HDAEAEAA)

Keywords

• Multi-entity accounting software
• ERP accounting system
• Cloud accounting SaaS
• Multi-company consolidation
• Financial reporting software

Headquarters

HQ city

Philadelphia

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Infrastructure, Operations, Marketing or Sales

Revenue model

1. Cloud/SaaS Subscription: Monthly service fee per concurrent user session and modules selected. No long-term contracts required. All updates included and provided frequently. Data backed up to geo-redundant storage every 10 minutes.
2. Software Licensing: On-premises client/server deployment option for very large installations. Uses concurrent user licensing model which provides better overall value than named user licenses.
3. Professional Services: Implementation, setup, training, application support, customization services, software development, and database support services. Data migration services from various accounting systems including QuickBooks, SAGE, MAS 90/200, MS Dynamics GP/SL.
4. Forms Fulfillment: Checks, envelopes, tax forms (including 1099 forms) sold through Forms Fulfillment Center partnership.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

SBT Executive Series is a highly scalable, integrated multi-company accounting/ERP solution available as a web/cloud subscription service or as a locally deployed client/server accounting system. It supports virtually unlimited companies/entities within a single database with automatic intercompany balancing, multi-currency handling (150+ currencies), consolidated financial reporting across different fiscal calendars, and modular add-ons including General Ledger, Accounts Payable, Accounts Receivable, Order Entry, Purchase Orders, Inventory Control, Project Accounting, Fixed Assets, and Audit Tracking.

Product overview

SBT Executive Series is a unified accounting/ERP platform built around the Executive Series core product with a modular architecture. The core platform provides multi-company accounting with automatic intercompany processing, supported by integrated modules including General Ledger, Accounts Payable, Accounts Receivable, Order Entry, Purchase Orders, Inventory Control, Project Accounting, and Fixed Assets. Additional modules include Financial Report Writer, Audit Tracking, Security Manager, and Document Scanning. The system is delivered via cloud subscription (SaaS) or on-premises deployment, with professional services for implementation and data migration. Key differentiators include unlimited history, multi-currency support (150+ currencies), multidimensional chart of accounts, and consolidated financial reporting across companies with different fiscal calendars and currencies.

Differentiator

Problem solved

Functional benefit

Products and services

• SBT Executive Series Highly scalable, completely integrated multi-company accounting/ERP solution with strong drill-down capabilities, available as a web/cloud subscription service or as a locally deployed client/server accounting system. Features document scanning, user-defined security, file attachments, workflow routing, approvals, and support for hundreds of companies within a single database.
• Cloud Subscription (SaaS Deployment)

Quantifiable outcome

• Implementation typically measured in days
• +2 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature9 records

Partnerships

Two partnerships are on record, tiered core and minor.

• TWAIN Working GroupcoreTechnology or Integration · 29 November 2023SBT Executive Series has deployed TWAIN Direct standard for cloud scanning capabilities. TWAIN Direct eliminates need for vendor-specific device drivers, supporting direct network communications between mobile/desktop applications and scanning devices including cloud platforms. SBT is the first mid-market ERP to deploy this technology. Cloud application includes TWAIN Direct immediately; client/server version will include it in upcoming Version 11.0 (2024).
• Forms Fulfillment CenterminorOthersThird-party forms fulfillment service for ordering checks, envelopes, tax forms (including 1099 forms), and other accounting forms. Available at sbtexecutive.formsfulfillment.com. Referenced as the source for physical accounting documents and forms.

Scale indicators6 records

Recent moves4 records

Expansion highlights5 records

Direct peers

• Acumatica: Modern cloud mid-market ERP offering financials, AP/AR, multi-entity, multi-currency, and dimensional accounting. Competes for the same mid-market, multi-company buyer SBT targets, but with a cloud-native architecture, broader partner ecosystem, and more aggressive product roadmap velocity.
• Microsoft Dynamics 365 Business Central: Cloud-first mid-market ERP from Microsoft with full financials, AP/AR, multi-company, and dimensional accounting. Comparable in target buyer and core accounting functionality, and is a primary competitive destination for customers exiting legacy systems like MS Dynamics GP/SL, which SBT also supports migrations from.
• Multiview Financial Software: Niche mid-market multi-entity and fund-accounting ERP with strong intercompany and consolidated reporting capabilities for multi-company groups, including nonprofits, professional services, and distribution. Highly comparable in product positioning, target customers (multi-entity/fund accounting), and scale relative to SBT Executive Series.
• NetSuite (Oracle NetSuite): Cloud-native mid-market ERP and accounting suite serving multi-entity, multi-currency, multi-subsidiary organizations. Directly comparable to SBT Executive Series in target customer (mid-market, multi-company), core functionality (GL/AP/AR, multi-currency), and deployment model, but with substantially larger scale and an Oracle-backed development roadmap.
• Sage Intacct: Cloud financial management platform purpose-built for mid-market and multi-entity organizations, including strong multi-company consolidation and dimensional reporting. Competes head-to-head with SBT for multi-entity accounting deals, and is one of the most cited alternatives to legacy on-premises systems SBT migrates from.
• QuickBooks Enterprise (Intuit): Mid-market accounting/ERP product from Intuit, explicitly named in SBT's data migration source list as a system SBT migrates customers away from. Highly comparable in accounting-first functionality and small/mid-market customer base, though QuickBooks Enterprise is less specialized for true multi-entity consolidation.
• Sage 100 (formerly MAS 90 / MAS 200): Long-standing on-premises and hybrid mid-market accounting/ERP system explicitly named in SBT's data migration source list. Highly comparable in target customer, on-premises deployment option, and modular accounting footprint (GL, AP, AR, inventory, etc.).

Broad incumbents

• SAP Business One: SAP's mid-market ERP, offering financials, multi-company, and multi-currency accounting on either on-premises or cloud deployment. Comparable in core accounting functionality and target customer, and competes for larger multi-entity mid-market accounts where SBT Executive Series is also positioned.

Others

• BlackLine: Cloud financial close, intercompany accounting, and consolidation specialist. Addresses a subset of SBT's multi-entity accounting capabilities (especially intercompany and consolidation/financial close), and is often considered alongside SBT by mid-market finance teams evaluating multi-entity consolidation.

Emerging players

• Odoo: Open-source/online suite of business applications including accounting with multi-company and multi-currency capabilities. Targets the same mid-market with a modular model similar to Executive Series and competes on price and app-breadth rather than deep multi-entity consolidation.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/searer-business-technology

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SBT Executive Series