Importance of Accounting ERP for your company

Importance of Accounting ERP for your company

It is big decision, when you select an accounting ERP system for your company. There are many key points to consider in order being successful. Everyone has their own opinion about what system is the highest –rated or most user friendly, but it really comes down to identifying which system works best with your unique business processes.

ERP systems designed for small business to mid-ranged companies, and others build to satisfy fortune 500.

 

Ease of use:

UX is must. Competition is abundant between systems which ultimately mean benefits for user. If your team cannot pick up a system logic and flow within the first tow demos of the product. I would like to suggest looking into other option

Price:

When we come to the fact price of the software, there is statement “CASH IS KING”. Every company wants bang for their buck. There is no need to spend excessive dollar amounts implementing fully coded customized systems when you are starting. However excellent industry expertise service still comes with a price.

Ease of Implementation:

It is important to make sure; there is a proven track record with the software you chose. A no-brainier but an often overlooked key to success is picking a vendor with industry experience who can provide tangible examples of clients they have completed similar projects with.

Functionality of business needs:

Just as with implementation, pick a vendor with best practices who knows the industry well enough to guide your team or setting up good business practices.

Growth of software:

Software should be flexible. You can never be sure when your company is going to pop. Be ready to add user and easily accommodate new business processes. If you are going to upgrade to another systems to accommodate 5 more users, This probably not the best systems for you in the long term.

Support of local team:

Is your team okay with your webinars, virtual trainings? or are they  hands-on, face-to-face learners? Local support was once the only reasonable way to go but nowadays, it’s increasingly beneficial to get top notch service from afar. It is very important to think about you and your team’s specific needs, when considering which vendor you want to work with. Keep it reasonable and stay within a few hours of your time zone.