ERP System Selection – Defining Your Requirements

If you have decided to replace your current business management system, there are a number of critical steps you need to take to reach a purchase decision.  Obviously one of the most important ERP system selection steps is defining exactly what you want your new system to do. This requirements document serves two purposes.  First,… » More

The CFO’s Guide to Selecting Financial Accounting Software

Financial accounting software will need to be replaced from time to time.  It really doesn’t matter why, but the firm’s key executives (CFO, CEO and CIO particularly) need to take charge and help the firm move to a more efficient, effective, competitive and profitable future. Now let’s throw some ice cold water on your assumption… » More

Accounting Systems Selection – Critical Evaluation Steps

Accounting systems selection (small to mid-sized firms) or ERP software selection (larger and/or more complex firms) is difficult, time consuming and frustrating at the best of times.  Compound that with a less than effective accounting systems selection plan (or a poorly executed selection plan) and you can almost guarantee failure; either failure to achieve many… » More

Selecting Accounting Software Systems – The Personnel Approach

Accounting software systems selection can be a tricky process even under the best circumstances.  While most accounting and ERP selection projects get the requirements document (functionality definition) somewhat right, the personnel aspects of these projects fall short in far too many instances and that’s one of the primary reasons why software selection projects never seem… » More

Financial Application Software: Find a Product That Best Suits Your Unique Needs

Financial application software can help you achieve greater success, but the selection process has to be very precise and you need to know what you are doing. If you think you need new financial application software or know you need it, what should you do? The path from idea to project completion is littered with… » More

Accounting Software Selection – The Prospect / Reseller Dance

Accounting software selection projects require several key elements.  One of the most important success factors is the formation of a mutually beneficial business partnership between the user and the accounting software reseller who represents the accounting software product being evaluated. Let’s say you are the leader of an accounting software selection initiative for your firm. … » More

ERP Implementation Failure – Who is Responsible?

ERP implementation failure (complete failure or failure to reach expected productivity and profitability improvements) is an all too common event in spite of the glowing commentary published by ERP vendors and resellers.  Many experts in the field suggest that the ERP implementation failure rate can be as high as 70%.  That’s a truly staggering figure… » More

Business Software Systems Selection: Get the Demo Process Right

Business software systems selection isn’t something you can just launch and complete in a few weeks.  This has to be a deliberate step-by-step process that covers everything.  Certainly a functionality match is critical, but that’s just one element that contributes to the success of the project. You have to get everything right and in the… » More

Business Accounting System Selection: Start Quietly

Selecting a new business accounting system can be one of the most frustrating exercises any firm will face.  The danger of course is selecting a business accounting system that ultimately does not adequately serve the needs of your firm.  While we could discuss specific software selection do’s and don’ts for 10+ pages, let’s concentrate on… » More

Accounting Software Selection: A Primer

Accounting software selection, installation and operation is not easy not withstanding all of the marketing literature to the contrary.  In fact, accounting software selection can be one of the most frustrating experiences any company will ever undertake. If a company is not organized for success (culture, leadership style, business processes and finally business management software),… » More

Buying and Selling Accounting Software Applications Successfully

The purchase of accounting software applications, just as you would find for any business transaction requires two parties; a seller and a buyer.  The more each knows about the motivations and objectives of the other, the closer the transaction will come to being mutually beneficial.  This certainly holds true for the process of buying and… » More

Accounting Software Selection Success Requires a Step-by-Step Process

Accounting software selection, installation and implementation, and efficient and effective daily use is not easy, not withstanding all of the marketing literature to the contrary.  In fact, accounting software selection can be one of the most frustrating experiences any company will ever undertake.  The time wasted in the selection of an accounting or ERP system… » More

Navigation Hover