Saturday, November 8, 2008

Tips on how to choose the best accounting software

There are thousands of accounting software packages in the marketplace today. Each one of these packages offers unique features and capabilities that are to be commended, admired, and sometimes applauded. However, upon close inspection, it is easy to see that most of them suffer from obvious problems such as older technology, proprietary technology, lack of support, lack of an adequate size customer base, lack of a distribution channel, poor performance on a local area network, bugs, missing modules, missing key features, lack of capital, etc. We strive to weed out the lesser players and concentrate our web site on the better-known, widely-deployed, well-proven solutions.

In our opinion, there are only a handful of accounting software solutions available today that offer a proven and complete solution for this market. These products all share the following attributes:

  • The product must have good, clean, stable code

  • The product must have good underlying technology

  • The product must have a good company & leadership behind the product

  • The product must have strong financial reporting capabilities

  • The product must have a sizable customer base

  • The product must have strong customization capabilities

  • The product must have a well-developed and knowledgeable VAR channel

  • The product must have a wide breadth of modules

  • The product must have a well-developed offering of third party add-on products

  • There should be a minimal number of missing features

  • There should be no significant problems (such as missing modules, etc)


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