The world today seems to be filled with many choices and this is no different when you are making decisions for your business. Add marketing into that and how do you know that you are making the right decision on any accounting system you are using for your business and not just choosing based on clever marketing?
Like anything in business this is a decision not to be rushed and careful thought needs to be given to make the correct choice. A wrong choice in the system can cause lots of stress and additional cost to your business.
What are you trying to achieve with a new system?
Who is going to be affected by this change internally and externally?
It may help to investigate the above questions and talk to your staff and external parties that will be affected and make a list of what they need, categorise them into must have, nice to have and not important (or similar labelling). This list could form the basis of questions for talking to prospective software suppliers, to make sure they can provide the must haves.
Other points to consider
Most accounting software has thousands of integrations or addons available, so you don’t need to find one software that does it all, you can supplement with an addon for missing functionality.
Ask around, there are plenty of facebook groups or online forums where you can ask what people in your industry are using and how they find the software.
There is also the option to trial software, most online softwares offer a set amount of time to trial the software before signing up for a subscription. However it can be a fair amount of work to setup the trial just to see if the software will work for you.
Unfortunately there is no right or wrong answer here as every business is unique and has specific requirements which need to be considered.
Please reach out to the team at EBS if you want to chat.