created on Mar 25, 2015
The one characteristic that all businesses have in common, no matter how big or small they are, is the need to keep track of their money. Modern bookkeeping software is widely available and has allowed firms of every size to move beyond paper ledgers, but there are so many packages available it's hard to know which one to choose. This checklist can help you narrow your focus and find your best bookkeeping software solution.
How many employees does your organization have?
Who needs access to financial reports?
How much money does your company make in a year?
Do you expect revenue to increase in coming years?
How many vendor accounts to do you support?
Is it outsourced or handled in-house?
Do you need PO support?
What is your AP workflow?
What is your AR workflow?
How many people will be using the bookkeeping software?
Will your staff require extensive training?
Will the software users be accountants or lay people?
Will upper management be using the software?
What bookkeeping software do you currently use?
What does your current software do well?
What critical needs does your current software not meet?
What special features will you need in coming years?
How much will the software and licenses cost?
How much does it cost and how is it delivered?
Can you add users without incurring additional costs?
Is the software hosted, or does your company need servers and IT staff?
Does the license include all available updates?
Does the software provide the reporting you need?
Can the bookkeeping software work with other applications?
Will you need to change the way you do business to fit the software?
Tasks: 29 tasks
Views today: 9