Is Changing Accounting Software an Option for Enterprises?

You’re looking for ways to increase your bottom line, right? Well, changing accounting software is a way to do that. The combination of ERP and accounting software in one solution gives you more options. It can enable you to gain scalability and flexibility as your complex business environment grows.

The Process of Changing Accounting Software for Large Enterprises Begins With Choosing the Right Provider

Making the switch and changing accounting software for large businesses is really no different than it would be for small businesses, just on a larger scale. There are many qualities to look for in your new accounting solution and steps to have in place to make sure it is done successfully.

Choose a provider that offers the technical support and customizable software package you desire and at a cost you are willing to pay. You have different needs than other enterprises, even ones in your industry. Be sure to talk with vendors to see what will be in your best interest. While it may require more work, changing accounting software is a big step and shouldn’t be taken lightly.

Focus on Migration and Training When Changing Accounting Software

Your current system, while outdated, is very important. Transferring all of those accounting records when changing accounting software could be disastrous if not mapped to each other accordingly.

However, with a solid plan in place, the migration from your current system to the new one can be seamless. When addressing the idea of changing accounting software, migration should be a top priority. How the old information is validated in the new system can be a bit of a test period and that old data needs to be stored off site before beginning the process.

Training your staff needs to be a big part of the integration when changing accounting software. All departments that will be a component in the new software solution need to be in on it from the ground floor. Once live, test, retest, and test again. Look for input from all of your end users for suggestions on how to make the new accounting software successful.

Does Changing Accounting Software Make Sense?

Changing accounting software makes sense if you feel your current system isn’t doing what you need it to. Every business, big or small, comes to the point where it is working harder than its software solution. Many organizations find it difficult to find the time and resources to complete the daunting task of changing accounting software and complying with the harmonization of accounting standards. But it will be worth it in the end. Try to create a roadmap to see where your analysis accounting needs are by listing them. Check with your current provider. If the system you have in place now isn’t one with offered upgrades then it is an obvious choice to switch.

Integration and Importing Features That Make Changing Accounting Software Easier

Synchronization has to be one of the most important features for integration as you are changing accounting software. The ability to define your revenue side of charts and accounts is a basic requirement for data transferring. Large enterprises that may have multiple sites will appreciate the automated synchronization. Daily accounts being in unison will increase productivity and accuracy.

You may also want to consider a parallel path of integration. While it sounds like more work, it can certainly be a viable solution if the new system doesn’t work out or when the time comes to completely abandon the old and your staff is ready for the change. By keeping both systems, the new and the old, in place and up and running for at least three months, you can easily see how the entire process will work. This can eliminate any problems before you are completely dependant upon a foreign system.