best practices for choosing accounting software

20
BEST PRACTICES FOR CHOOSING ACCOUNTING SOFTWARE A FIELD GUIDE FOR NONPROFITS

Upload: jeff-sobers

Post on 25-May-2015

547 views

Category:

Technology


3 download

DESCRIPTION

This presentation provides practical solutions for choosing your next accounting software. It reveals the signs that you need to change accounting software, how to do your homework, select a vendor, formulate decision criteria, and compare software solutions. You’ll learn how to evaluate your organization’s unique needs against the pros and cons of different products, and how understanding those needs can ensure you don’t make a costly mistake.

TRANSCRIPT

Page 1: Best practices for choosing accounting software

BEST PRACTICES

FOR CHOOSING ACCOUNTING

SOFTWARE

A FIELD GUIDE FOR

NONPROFITS

Page 2: Best practices for choosing accounting software

WHY LOOK?

Page 3: Best practices for choosing accounting software

IT’S A

JUNGLE OUT

THERE

Page 4: Best practices for choosing accounting software

Some systems are

BIG

Page 5: Best practices for choosing accounting software

And some are LITTLE

Page 6: Best practices for choosing accounting software

So how do you know what’s right

for your organization?

Page 7: Best practices for choosing accounting software

TEN STEPS for

Choosing the RIGHT Accounting Software

Page 8: Best practices for choosing accounting software

Establish a Technology Advisory Group

Page 9: Best practices for choosing accounting software

Prioritize Your Software Requirements

Page 10: Best practices for choosing accounting software

and Projected Milestones Define Your Budget

Page 11: Best practices for choosing accounting software

Build a Short List

Page 12: Best practices for choosing accounting software

Educate the Vendors

Page 13: Best practices for choosing accounting software

Evaluate Live Demonstrations

Page 14: Best practices for choosing accounting software

Score and Rank the Systems

Page 15: Best practices for choosing accounting software

Gather and Compare Price Quotes

Page 16: Best practices for choosing accounting software

Verify References and Vendor Viability

Page 17: Best practices for choosing accounting software

Review the Software License Agreement

Page 18: Best practices for choosing accounting software

Ten Steps for Choosing the Right Accounting Software

1. Establish a technology advisory committee 2. Prioritize your software requirements 3. Define your budget and projected milestones 4. Build a short list 5. Educate the vendors 6. Evaluate live demonstrations 7. Score and rank the systems 8. Gather and compare price quotes 9. Verify references and vendor viability 10.Review the software license agreement

Page 19: Best practices for choosing accounting software

A Word About the Decision

Page 20: Best practices for choosing accounting software

What Questions Do You Have?