What is a good
Accounting System Recommendation
Answers
There are lots of systems, with different price points, add-ons, and configurations (server based/cloud based).
So your question is very broad-based. You need to examine (just a starting point):
1. Commissions - are they straight forward or complex?
2. Inventory - just items, or do you use kits or features?
3. CRM - does it need to be integrated or can it be an add-on?
Take a look at this Resource: https://www.proformative.com/resources/buying-accountingerpcrm-system
Michelle,
I think you'll want to look at one of the following, but you should definitely have answers to Wayne's questions in your mind as you evaluate:
Sage 50 or 100
Intacct
Financial Force
Netsuite
Good luck in your search!
Hi Michelle
This link on Proformative's website may help you plan your approach.
https://www.proformative.com/resources/erp-selection-critical-factors-your-company
Kind regards
Len
Commissions will usually always be manual to a certain degree either more or less unless you can standardize the compensation plans.
Method is a good CRM that can help you if you are working in Quickbooks, which can also be customized extensively for other tasks. www.method.com
If you are using Quickbooks online, SOS inventory.
What you need to think about is whether you are ready to have a captive accounting department. Can you afford full time accountants? Can you afford an IT department yet, qualified to handle an ERP system? The costs go up from here.
The Cloud offerings now are better than good for small business, allowing you to consult with
If you go this way, you won't have to hire departments but can still get the benefits of good systems and reporting and knowledgable people for a few thousand a month depending on what you require.
Best.
1
I love it when Associations "recommend" certain vendors. Its just like the AARP and all the "deals", where they get a commission on every sale.
One size does not fit all; and always remember that customization is the gift (to the vendor) that always keeps giving (update after update, year after year). "Create them wisely, Grasshopper"
Filed Under:
FP&A