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evaluating cloud accounting
General

ASSESS CLOUD ACCOUNTING SOFTWARE

access cloud accounting

 

CLOUD ACCOUNTING SOFTWARE PROCESS:

1. BACKGROUND

  • Getting organized
  • Macro Selection concerns

2. PREPARATION

  • Selection process
  • Short listing

3. EVALUATION

  • Software Demonstration
  • Decision Making

4. APPROVAL

  • Selling the decision

WHAT THE GUIDE WILL DO

  • Help your organization get productive quickly
  • Accelerate your selection team’s learning curve
  • Address many of the issues the selection team will encounter
  • Provide practical guidance to choosing the right solution
  • Condense the best ideas in accounting system selection into one easy-to-read publication
  • Define and structure the vendor selection process
  • Make sure you are more self sufficient and successful

DO YOU NEED A NEW FINANCIAL ACCOUNTING SYSTEM?

Overall, there are 5 major categories of change that drive ERP software purchases.
  • Business driven decisions
  • Technology driven decisions
  • Corporate decisions
  • Business combination decisions
  • Vendor driven decisions

1. BACKGROUND GETTING ORGANIZED

     Your evaluation team size should be commensurate with the size and complexity of your organization
     The core selection team will likely contain senior executives from: Finance procurement IT legal operations

2. PREPARATION THE EVOLVING SOFTWARE SELECTION PROCESS

     Software selection activities have evolved over the years.
     Key Advice:
  • Avoid a non-value added replacement
  • Find full process support
  • Evaluate the platform as much as the application
  • Make flexibility a priority
  • Focus on the organization of tomorrow
  • Make accounting a real partner in the organization

3. EVALUATION PHASE – THE SOFTWARE ‘DEMO’

     In the cloud world, you don’t need to call in the vendor straight away…
  • Get very familiar via online resources
  • Consider a free trial
  • Document what you saw
  • Review platform & integration
  • Then call in the vendors

4. APPROVAL CONTRACT ISSUES!

     Don’t forget… service level agreement exit strategy(what happens to your data if you do not renew) Liability issues, Performance requirements
 
Get started today.
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