Accounting software buyers guide
Expert advice on what you need to know when choosing the right accounting software.
Table of contents
Part 1: Thinking about making a switch
Part 2: Things to look for
Part 3: Choosing accounting software
Part 4: Security
Part 5: Dollars and sense
Overview
How do you choose the right accounting software for your business’s unique needs and supports continued growth?
Businesses search for new accounting software for a variety of reasons. Sometimes it’s forced—the current accounting vendor is sunsetting or discontinuing their software. Other times it’s internally driven; the current system can’t keep up with growth or there’s a need to align data across departments.
Most buyers look for the immediate fix: what is the accounting tool that will give me the functionality I need right this moment? The problem with this mindset is when you just buy a solution for your current needs, you risk quickly outgrowing it.
For most organizations, the intent is to keep growing—which naturally brings change. The complexity of your business won’t stop with the accounting solution you purchase. It’ll only ramp up. Choosing accounting software that has the flexibility to scale and be customized to suit changing requirements is important to consider.
When you begin your search for new solutions, don’t just think about your current pain points. Think about where your business is looking to go; consider the likelihood of growth and expansion. You need a solution that meets the needs of your individual business processes; one that’s adaptable enough to solve your problems now and in the future.
As your business becomes more complex and unique, it’s important to use an accounting solution that can adapt to your critical requirements. To help you get started selecting the best accounting solution for your organization, we’ve put together this accounting software buyer's guide with the help of our internal Accounting Seed staff, including Certified Public Accountants employed with Accounting Seed.