Changing Accounting Software: Ingredients For Success

If you are ready to switch accounting software forincluding companies that specialize in helping people find
your business, you know there are hundreds ofpartners for the solutions that they want ( for
publishers ready to take your money, as well asexample). A partner can help you determine a budget,
thousands of system implementers. There are hostedthe number of concurrent users, and the modules that
solutions, web-based solutions, pc-based solutions,you will need. A quality partner should be a solution
MAC solutions - the choices are overwhelming. Hereconsultant, as opposed to a traditional sales
are some things to consider as you begin this process.representative for whom the sale is more important
Allow enough time: The sales cycle for a new ERPthan the "why" or "what". The solution consultant will do
Accounting system can last anywhere from three toan in-depth interview and an on-site analysis to see if
six months (for more complicated solutions, ninetheir solution might fit your company. The right partner
months or more), so it is a given that buying a newwill be there after the sale. They will be there after you
system takes time, thought and consideration.go live for support. Their team members understand
Software is divided into three categories: (a) "off theyour business.
shelf" (QuickBooks, Peachtree); (b) configurable (MASFind the right publisher: The publisher is equally
90, Navision); and (c) customizable (MAS 500,important. Are they financially stable? Are new
Dynamics -GP).software versions released on a regular basis? Do
Understand the benefits of the RFI: Large businessesthey have an adequate number of product
making the move to new accounting software usuallyinstallations?
start with a Request for Information (RFI). The RFILearn from those who have gone before: First-time
states what the company requires in the new systembuyers typically let price be the deciding factor. It is
and allows potential vendors to submit answers if theircommonly accepted that companies spend between
system meets the minimum requirements. The RFI willone and three percent of their annual revenue on a
request what is included in the standard product andnew ERP system, although I personally believe the
what, if anything, is a custom or third-party solution.number is lower. Second-time buyers surveyed
Define your business: Do you distribute product,revealed that price was no longer the determining
manufacture product, or both? If you are afactor, but instead the partner had been raised to
manufacturer, are you a process manufacturer, donumber one.
you build to order, do you do discrete manufacturing, orStay involved: Even with an excellent partner, you
do you do a combination? Do you bill based on timehave to stay involved. If you expect to let the partner
and materials? The answer to these and many otherdo all of the work, you may end up with a solution that
questions will help determine the best software solutionis not the right fit. Do not let the price be the deciding
for you.factor - find a great partner (interview at least two to
Find the right partner: Having defined your business,three), find a great publisher (see two to three demos)
you can now use Google to search key terms. Theseand ask a lot of questions - it will save you time and
key terms will point you to a wide array of solutions,money in the long run.