Choosing the right accounting software. With so many options out there, it’s obvious that recommendation plays a big part in the software you choose. However, the recommendations you receive may be coming from people who have needs very different to yours! So what are the other factors you need to consider?
Number 1 – Types of software
You can choose a software that fits your lifestyle. If you’re on the go, cloud-based software may be best. It’s available when and where you need it, but if you work from a single location, desktop software may be a better fit.
Number 2 – Make sure your learning curve isn’t too steep
Unless you’re an accountant (or a software developer), the ins and outs of accounting software may seem complicated and daunting. Make sure our learning curve isn’t too steep. Look for software that provides resources to help, like webinars, help articles and videos.
Number 3 – Must have features.
This may sound like a simple one but, what exactly do you need from your accounting software? Make a list of the features you actually need and organise it from most important to least. Only you will know best what you can and can’t leave without.
Number 4 – The cost!
Compare prices between accounting software providers and know exactly what and how you’re charged. Some companies charge a standard monthly fee, while others have a single upfront cost with additional charges for add on services. Some hidden fees may include set up, customer support, and cloud storage.
Number 5 – Customer support
You may have questions or need help understanding your new software. And when that time comes, you’ll want a support team that can help quickly and easily. Quality customer support that is knowledgeable and easy to get a hold of will be key to switching over to new software.
The items listed above are just a starting point. You also need to consider the following:
- Reports: Look for easy-to-read reports that are shareable with your accountant, managers, or other trusted employees.
- Accounting method: Choose accounting software that matches your preferred accounting method.
- Security: Make sure that the software has your security interests in mind.
- Commitment: Choose month-to-month or annual commitments (whichever fits your needs).
- Reviews: Trust customers who’ve been using the software for weeks, months, and even years—let them tell you just how good the software is.
If you follow the steps here, you will land on the software that is right for you and make your life a whole lot easier. For everything else, give us a call on 01983 523361
