Small Business Accounting Software Options Abound; Here’s How to Know What to Buy

small business accounting softwareWhen it’s time to upgrade to small business accounting software, the process can seem overwhelming. You’re spending a lot of money to purchase a program that could make your company run more smoothly, but you could also encounter a number of headaches along the way. How do you know where to start?

Choosing a small business accounting software is an involved process in which you’ll want to invest adequate time, but there are some basic starting considerations that can make the rest of the decision-making course a bit more clear and streamlined. Here are a few factors that you should consider when choosing specialized accounting software:

The scope of your business: Make note of the basic functions that a new small business accounting software system should perform. Create a list of all the broad areas a software solution should cover in addition to basic accounting needs, such as payroll and inventory management. You’ll make a full wish list later, but for now you need to capture the big deal-breakers that will help you identify the systems that should be in the running.

Modules included: Once you’ve identified the basic functions your business needs covered by accounting software, it will be easy to find out which software choices provide what you need. Consider which systems include all the modules you’ll need, and which require an additional cost to purchase the modules you need added to the basic accounting package.

Accessibility: If you intend to move locations, have multiple locations or you have a sales team that spends most of its time away from a desk, you need to consider accessibility of your choice. Cloud accounting software is highly accessible, with mobile technology prioritized to make accessibility easy for your team.

Intuitiveness: You can purchase the fanciest accounting software available, but if it comes with a steep learning curve or requires a legion of IT staff members to get through implementation or updates, you might wish you had prioritized user-friendliness. Many of the systems on the market are extremely intuitive and enable users to get up and running with just a few hours of training. Intacct, for instance, is user-friendly, easily implemented and updates are handled by Intacct, not your IT staff.

The cost: There’s a cost associated with implementing any new software system, but there are options out there that are less painful to your budget than traditional software investments. Cloud accounting systems like Intacct require significantly less investment than an on-site system because there is little to spend on IT support or hardware. Cloud systems allow you to purchase only the number of subscriptions you need and are easily scalable as you grow.

One Vision Solutions works regularly with company owners to choose small business accounting software from the wealth of options available. Over and over again, companies choose Intacct for its best-in-class accounting functions, plus a user-friendly interface and unparalleled affordability. Call One Vision Solutions to learn more about Intacct and how it might meet the needs of your business.