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Have You Outgrown Your Accounting Software?

How many times have you felt frustrated by your current accounting software because it does not seem to meet your needs? If you are like many growing companies with outdated accounting software, the answer is plenty. Now that the Y2K crisis has passed with little fanfare, many software users who simply patched their old systems with Y2K upgrades are now considering replacing their accounting software with a system that brings real efficiency to their operation.

So, how do you know if you have outgrown your existing accounting software? There are a number of symptoms of accounting systems that no longer meet users' needs. They include:

Current system does not provide needed functionality.

When you need the system to perform a particular function that the software doesn't offer, this is a sign that you may be outgrowing the system. Sophisticated features like multi-currency, advanced distribution features and the like are representative of the additional functionality many users are demanding. It is important though to investigate the requirement for the functionality, as it may be a wish list item as opposed to a definitive business requirement. In addition, be sure to investigate that the added functionality is not included in the next upgrade, available from a 3rd party or available as a link to an outside software package such as Microsoft Access.

System can't generate required reports.

As accounting systems have become more sophisticated and robust, many systems contain similar features and functions. However, a common concern for business software users is how to get the data out of the system in a meaningful way. While some mid-range systems come with packages like Crystal Reports and FRx for financial reporting, most entry-level systems have less flexibility in data manipulation and reporting. However, before giving up on these packages investigate third party reporting options, visit the software publisher's web site and talk to authorized consultants for the package. With the advent of ODBC it is likely that the data can be exported to generate the required reports.

Need for remote users.

As businesses grow and expand one of the most common needs is for remote user access. These remote users might be remote offices, traveling employees or telecommuters. Remote access programs (like PC Anywhere) work fine for many applications, but not particularly well for accounting software. If remote users are a requirement it is very likely that you will need to purchase an accounting package that offers this feature.

Require more users than system supports.

Many entry-level packages have a definitive number of users that can be using the system at the same time. Or the system may not perform adequately with a large number of users. In this instance, it is likely that there is no other choice but to switch accounting software. However, before buying another package be sure and visit the site of a current user and see the new software being used by at least the number of users who will be using the system.

System customization.

Many users want to be able to customize the system without making source code modifications. The ability to customize data entry screens, add hooks to outside programs and add fields to screens are typical of the customizations available in midrange software. Such customizations greatly expand the usability and functionality of the system. Again, many entry-level packages do not offer this capability, so a move to a midrange package may be necessary if this is an important requirement.

E-commerce.

It's all about the Internet! Many end-users are outgrowing their systems because they want to be able to offer e-commerce capabilities on their web sites. This is a difficult area to diagnose because of the explosiveness of the web and the cost of various solutions. Many entry-level packages today offer e-commerce capabilities as part of their solution. These solutions offer some customization capabilities, but are typically limited in some fashion. However, most importantly they do integrate with the accounting package, eliminating the rip and re-enter method that many small businesses use today. If a company sees a large portion of their business migrating to the web, they will likely need one of two solutions. The first solution would be a more robust and customizable e-commerce solution that would integrate to a more advanced accounting package. The other solution would be to integrate an advanced e-commerce web-site package to their existing accounting software. In either case, call in a professional for assistance!

Integration with 3rd Party Solutions.

Many users discover a requirement to integrate to a 3rd party industry specific software application. This solution is often more desirable than buying an industry specific package that includes accounting software or writing a custom application. Many industries have specific and unique billing practices that are only met through vertical applications. By integrating these solutions to an existing accounting software package the user gets the best of both worlds. However, many of these packages integrate with only one or two of the leading packages in each market segment, so this may still require an accounting system change.

There are many other reasons why software users want to change accounting packages, including new personnel (familiar with other packages), dissatisfaction with current publisher or VAR, etc. It is important to investigate and understand the real reasons behind the desire to change accounting packages so that a new solution that will more fully meet your needs can be selected.

Please contact Kissinger at 800-562-5456 or 610-926-7450 for assistance with the process of understanding your current accounting software situation and determining your next step.

 

 
 
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