How to choose accounting software for your medium-sized organisation

Selecting accounting software for your medium-sized organisation may seem like a difficult task when there appears to be an ever-increasing number of options on the market. Although many solutions purport to be cloud accounting software, when you dig beneath the surface, you realise that not all packages offer comprehensive online functionality or accessibility.

In fact, not all solutions being marketed as cloud tools were actually built for the cloud! These are what’s known as being fake cloud technology.

Are you a finance director or chief financial officer who has started to suffer from the limitations of your current accounting software? Is your company’s growth being hindered by the lack of accurate, timely information?

Perhaps your team is still working remotely and finding your current solution cumbersome when it comes to accessing real-time data? Or maybe your stakeholders need enhanced information more quickly to make business-critical decisions and you’re constantly scrabbling around to get reporting from your system?

Choosing the wrong software can be an expensive mistake that costs you time, money and maybe even customers.

Here are some considerations to make when upgrading your accounting software package

Do you need to access data in real-time from anywhere?
Do you need better control over your business numbers?
Could you streamline your processes and systems if your accounting software had better integration options?
Could you save money by having online authorisation of invoices and purchase orders?
Would you like to free up employees by creating customisable reporting that users outside of your finance team can download themselves?

If this sounds like you, then it’s now worth considering moving to an accounting software package that can meet those needs and provide greater functionality and seamless integrations.

Time to move to the next level?

If your organisation is using a plethora of tools to create financial reporting, including Excel spreadsheets, PowerPoint slides, expense reporting apps and project management software, you can streamline this functionality into one comprehensive system that reduces risk of duplication and omission, allowing you to achieve the growth you want.

Making the choice easier

At iplicit, our true cloud accounting software focuses on streamlining your finance processes and providing all the capability you need in one place. The system offers comprehensive accounting functionality, project management accounting, HR tracking, budgeting, forecasting, time tracking, expense management and approvals, online enquiries, standard and plus user-customisable reporting, and stock and inventory management.

Want to discover more about iplicit’s true cloud accounting solution? Our dedicated team can explain all the benefits and walk you through the functionality. Book a demo today by calling (+ 353) 1 592 0850, emailing: [email protected] for a call back. 