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Published on: January 2007
Type of content: WHITE PAPER
Format: Adobe Acrobat (.pdf) (1429 kb)
Length: 12 pages
Price: FREE

Overview:
Selecting the best accounting software for your organization is one of the most critical business decisions you face. We created this guide to provide you with the essential information you need to make the best decision possible.

Who should consider choosing a new accounting system?
Do any of these describe you and your organization?
- You want the freedom to choose among multiple operating systems, databases, and applications as your business expands or changes.
- You are a fast-growing company and need a system that can grow with you.
- You have international requirements that aren't being properly met.
- Your company has outgrown your current system.
- Your processes have changed the way you do business.
- You want an e-business solution with an integrated financial backend.
- You're using DOS software.
- You're using a PC-based spreadsheet (for example, Lotus or Microsoft Excel) or an introductory accounting package (for example, QuickBooks).
- You've got a legacy system - some "old iron" customized for your organization - which people may not necessarily like, but they understand and can use without much effort.

Many organizations stay with their current accounting system too long. It's comfortable to use something that's known and understood. There's usually fear involved (or at least a strong apprehension) with switching to something new and unknown. Plus, there are significant time and resource issues, including the cost to change and the time needed to learn the new system. But comfortable doesn't always cut it-especially when it comes to the financial health and long-term success of your business.

Make a list of the challenges you are currently experiencing. Then create a second list of what you'd like to do but are unable to do now. This information should become your core list of requirements when evaluating new accounting software.

Most organizations automate their business in the following order:
1. Word processing
2. Billing, accounts receivable
3. Accounts payable
4. Inventory control
5. General ledger
6. Sales order entry
7. Payroll
8. Purchase orders
9. Desktop publishing
10. Spreadsheets, forecasting
11. Custom-management reports

We look forward to helping you succeed in choosing the best accounting and e-business software solution for your organization.