Great Neck, 11021, NY,
United States
Sterling Equities Technographics
Sterling Equities Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by Sterling Equities and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 300 Sterling Equities employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Sterling Equities has purchased the following applications: Intuit Quickbooks Enterprise for ERP Financial in 2012, ADP Workforce Now Benefits for Benefits Administration in 2018, Sage Fixed Assets (formerly FAS) for Enterprise Asset Management in 2008 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Sterling Equities is running and its propensity to invest more and deepen its relationship with Intuit , ADP , Sage or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Sterling Equities revenues, which have grown to $55.0 million in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Sterling Equities intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
Sterling Equities Tech Stack and Enterprise Applications
Sterling Equities ERP
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Intuit | Legacy | Intuit Quickbooks Enterprise | ERP Financial | ERP | n/a | 2012 | 2012 |
In 2012, Sterling Equities implemented Intuit Quickbooks Enterprise as its core ERP Financial platform to centralize accounting, tax preparation, and cash reporting for its construction and real estate operations. The deployment placed Intuit Quickbooks Enterprise at the center of corporate accounting workflows used by the companys accounting and tax teams, with explicit use for preparing individual, corporation, S corporation, and partnership tax returns and for managing daily cash position reporting.
Configuration work emphasized general ledger, accounts payable, and accounts receivable ledgers, alongside fixed asset scheduling to support depreciation and amortization calculations. Intuit Quickbooks Enterprise was configured to support tax-centric workflows, including processing and reconciling more than 150 K 1 forms per partner tax return, handling multiple 1099 document types, and sequencing nonresident withholding tax statement preparation.
Operational integrations and data exchange were implemented to support daily cash reporting and treasury reconciliation, with structured data flows to Yardi and bank feeds from Bank of America CashPro and JPMorgan for cash position reporting. The accounting environment also interoperated with tax and compliance toolsets identified in internal notes, including ProSystem Fx, GoSystem, BNA, Brentmark, QuickBooks, Compass, Checkpoint, and Workpapers Plu, to coordinate return preparation, workpapers, and external accounting firm reviews for Sterling American Properties and Sterling Mets associates.
Governance and process changes focused on formalizing fixed asset change schedules, instituting review workflows for federal and state returns prepared by external firms, and embedding audit trails for tax documentation and treasury reporting. Routine operational tasks were codified in Intuit Quickbooks Enterprise driven workflows, aligning tax return assembly, withholding statement generation, and daily cash reporting with the companys accounting and tax operational scope.
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Sterling Equities HCM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| ADP | Legacy | ADP Workforce Now Benefits | Benefits Administration | HCM | n/a | 2018 | 2018 |
In 2018 Sterling Equities implemented ADP Workforce Now Benefits to centralize Benefits Administration for its 300 employee construction and real estate operations. The implementation was provisioned as the firmwide benefits and HR record of truth, with ADP Workforce Now Benefits used for benefits enrollment and ongoing plan data maintenance.
The deployment included configuration of core benefits administration workflows, new hire and rehire data capture in ADP Workforce Now, and upkeep of employee benefits data. Payroll related activities are supported alongside benefits, with payroll processing for weekly and semi monthly W 2 payrolls, garnishment processing, and maintenance of hours and PTO data via ADP eTime integrated into the operational workflow.
Integrations and operational touchpoints include ADP eTime for time and attendance, the Employee Self Service Portal within ADP Workforce Now for employee interactions, a third party union website used to maintain union employee records and process union invoices, and office productivity tools and web based programs for reporting and data exchange. The system supports setup of new state SIT and SUI accounts in ADP Workforce Now and provides data extracts used for US EEOC reporting components.
Operational governance is centered on the Payroll Specialist and HR colleagues in the Greater New York City Area who maintain employee data, manage benefits configuration in ADP Workforce Now Benefits, generate weekly monthly quarterly and annual reports, and handle employee payroll and benefits inquiries. Workflows emphasize centralized benefits data stewardship, recurring reporting cadence, and integration handoffs between ADP Workforce Now, ADP eTime, and external union systems.
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Core HR | HCM |
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2018 | 2018 |
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Payroll | HCM |
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2018 | 2018 |
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Time and Attendance | HCM |
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2018 | 2018 |
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Time and Attendance | HCM |
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2018 | 2018 |
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Sterling Equities ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Sage | Legacy | Sage Fixed Assets (formerly FAS) | Enterprise Asset Management | ERP Services and Operations | n/a | 2008 | 2008 |
In 2008 Sterling Equities implemented Sage Fixed Assets (formerly FAS) to centralize depreciation and asset accounting across its residential property portfolio. The deployment supported Enterprise Asset Management workflows for hundreds of residential units across several states and fed standardized monthly financial reporting packages used for fund consolidations and investor distributions.
Implementation emphasized SAGE asset accounting and depreciation modules, producing monthly depreciation schedules and accrual calculations executed by staff accountants. Functional capabilities implemented included a fixed asset register, depreciation scheduling, and asset-level reporting to support monthly close and quarterly reforecasting models.
Operational coverage spanned accounting and property management teams, with staff accountants collaborating with onsite property managers to reconcile lease charges, verify vacancy billing, and calculate gross potential rent. The environment incorporated data flows from Yardi for lease and billing validation, and outputs were applied to bank reconciliations, daily cash management, and consolidated financial reporting.
Governance and process changes centered on standardized monthly close procedures, regular coordination between accounting and property operations, and distribution of monthly reporting packages to partners and investors. Sterling Equities Sage Fixed Assets (formerly FAS) was positioned within Enterprise Asset Management to provide depreciation control, audit-ready asset records, and consistent reporting across properties.
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Real Estate Property Management | ERP Services and Operations |
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2020 | 2021 |
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Sterling Equities Collaboration
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Collaboration | Collaboration |
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2015 | 2015 |
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Sterling Equities IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Application Hosting and Computing Services | IaaS |
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2017 | 2017 |
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Content Delivery Network | IaaS |
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2020 | 2020 |
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Sterling Equities CyberSecurity
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Secure Email Gateways (SEGs) | CyberSecurity |
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2017 | 2017 |
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IT Decision Makers and Key Stakeholders at Sterling Equities
Apps Being Evaluated by Sterling Equities Executives
| Date | Company | Status | Vendor | Product | Category | Market |
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| No data found | ||||||