Every trading business will require some form of accounting software to control their finances.
Over 100 potential solutions are available in the UK market and deciding on the best fit for your business is where Greenlight can help.
In the SME market the dominant player was Sage for many years but they were slow with moving to the Cloud thus allowing new players to emerge fast and capture significant market share. The likes of Xero and QuickBooks have grown rapidly. In some sectors accounting modules have been integrated into enterprise wide solutions providing a single system to cover all the needs of the business.
Greenlight Computers Accounting Solutions
The Greenlight team has worked with many clients to select and manage the implementation of Accounting solutions. We are also practitioners with our own internal Accounting solution Xero selected as a best of breed cloud solution in 2015.
Key factors in selecting the best Accounting solution
To find the right solution for your business there are many factors to consider, we have detailed below some of the key factors:
- How many clients do you need to manage?
- How many transactions/contact points will you have with each client?
- Will your Accounting system also be used for payroll and other fuctions?
- What system integrations are required in your business?
- What reporting outputs are you looking to have as standard?
- Are you looking for Cloud based SAAS solution paid for monthly or a capital purchase?
- What is your overall budget for the Accounting implementation and training?
- Are your user devices of sufficient specification to handle a new application?
Once you have a feel for these answers you can start to filter down to a short list of Accounting solutions to investigate.
The Greenlight Computers team can point you to some excellent YouTube video content that will demonstrate the ease of use and functionality of each option.
Selection & Implementation
The final selection and implementation are often best made through a tender process, giving each vendor the opportunity to show the team the real benefits of their system. The positive thing about selecting an Accounting solution is you can compare apples to apples and make an informed selection. Clearly, your Greenlight consultant can work with you through this tender process and then support you in managing a smooth implementation and roll out.
Contact us for help before you go too far and let us inform the decision.