How to Choose an Accounting Partner

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You’re ready to take the big step – implementing comprehensive accounting management software. Spreadsheets just aren’t cutting it anymore. You’re ready to take the big step – implementing comprehensive accounting management software. Spreadsheets just aren’t cutting it anymore.

You’re ready to take the big step – implementing comprehensive accounting management software. Spreadsheets just aren’t cutting it anymore. You have been investigating your options, but want to ensure you choose the right software and the right partner to implement it.

When you’re thinking about making a significant investment, the last thing you want is to be burned and left with a solution that doesn’t fit your needs, a provider who doesn’t deliver on their promises or worse yet, both.

Think through the answers to these 11 questions first:

1. What are your needs?

Evaluate what you need at the highest level in order to manage and track your business, cash and customers. Once you have a firm grasp of your needs, only then you can proceed with considering the accounting management systems available and the best company to implement it.

2. What are the vendor’s stats?

Gather every last detail on the company. Think years in business, locations, employees (how many are there and what is their experience level?) and industry experience. And don’t let them sell you on their success stories – dig deeper and find out what their worst failures have been too.

3. Are they familiar with your industry?

Have they handled projects for similar clients? If so, will anyone from that project team be working with you?

4. What do their clients say?

Get references for any potential consultants – their company, solutions and people. You are building a long-term relationship, so ensure it will be a fruitful one.

5. What options can they offer me?

Ensure any potential partner you work with has a healthy range of accounting management solutions for you to consider. Be sure to seek software that can be configured, easily changed and with migration tools for easy set-up and transition. Depending on your business, your needs may not easily be met by one solution.

6. What is their success rate?

Overall, you want to ensure the partner will complete your project on time, on budget. Make sure you measure success by customer-determined criteria. Learn about the processes they implement to ensure project success.

7. What are the camouflaged costs?

Avoid surprises and ensure you thoroughly understand the full cost, from pre-implementation assessment, through testing, deployment and post-implementation support. Beware of additional licenses or other required items.

8. Do they have automated tools?

By this, I mean tools to minimize cost while accelerating and ensuring a smooth implementation. If so, what are the tools’ limitations and how will the partner fill any gaps in the process?

9. How do they mitigate risks?

Ensure the partner has a solid plan to mitigate risks – climbing costs, project slippage, and loss of data. Your success should be the heart of the project.

10. What will the impact on your business be?

You want this accounting management software implementation and associated process to have a minimal impact on your business. Be aware of what is expected of you and your employees during the process. Calculate that impact – the cost of your time, potential downtime and any further disruption, and add that to the cost of the solution itself.

11. Do they value their clients?

In the beginning, any partner will be in fully ‘on’ – after all, they want your business. Will this be consistent throughout the process? By asking the above questions, you will better ensure that you will remain their priority throughout your software implementation project.

You have been investigating your options, but want to ensure you choose the right software and the right partner to implement it.

When you’re thinking about making a significant investment, the last thing you want is to be burned and left with a solution that doesn’t fit your needs, a provider who doesn’t deliver on their promises or worse yet, both.

Think through the answers to these 11 questions first:

1. What are your needs?

Evaluate what you need at the highest level in order to manage and track your business, cash and customers. Once you have a firm grasp of your needs, only then you can proceed with considering the accounting management systems available and the best company to implement it.

2. What are the vendor’s stats?

Gather every last detail on the company. Think years in business, locations, employees (how many are there and what is their experience level?) and industry experience. And don’t let them sell you on their success stories – dig deeper and find out what their worst failures have been too.

3. Are they familiar with your industry?

Have they handled projects for similar clients? If so, will anyone from that project team be working with you?

4. What do their clients say?

Get references for any potential consultants – their company, solutions and people. You are building a long-term relationship, so ensure it will be a fruitful one.

5. What options can they offer me?

Ensure any potential partner you work with has a healthy range of accounting management solutions for you to consider. Be sure to seek software that can be configured, easily changed and with migration tools for easy set-up and transition. Depending on your business, your needs may not easily be met by one solution.

6. What is their success rate?

Overall, you want to ensure the partner will complete your project on time, on budget. Make sure you measure success by customer-determined criteria. Learn about the processes they implement to ensure project success.

7. What are the camouflaged costs?

Avoid surprises and ensure you thoroughly understand the full cost, from pre-implementation assessment, through testing, deployment and post-implementation support. Beware of additional licenses or other required items.

8. Do they have automated tools?

By this, I mean tools to minimize cost while accelerating and ensuring a smooth implementation. If so, what are the tools’ limitations and how will the partner fill any gaps in the process?

9. How do they mitigate risks?

Ensure the partner has a solid plan to mitigate risks – climbing costs, project slippage, and loss of data. Your success should be the heart of the project.

10. What will the impact on your business be?

You want this accounting management software implementation and associated process to have a minimal impact on your business. Be aware of what is expected of you and your employees during the process. Calculate that impact – the cost of your time, potential downtime and any further disruption, and add that to the cost of the solution itself.

11. Do they value their clients?

In the beginning, any partner will be in fully ‘on’ – after all, they want your business. Will this be consistent throughout the process? By asking the above questions, you will better ensure that you will remain their priority throughout your software implementation project.You have been investigating your options, but want to ensure you choose the right software and the right partner to implement it.

When you’re thinking about making a significant investment, the last thing you want is to be burned and left with a solution that doesn’t fit your needs, a provider who doesn’t deliver on their promises or worse yet, both.

Think through the answers to these 11 questions first:

1. What are your needs?

Evaluate what you need at the highest level in order to manage and track your business, cash and customers. Once you have a firm grasp of your needs, only then you can proceed with considering the accounting management systems available and the best company to implement it.

2. What are the vendor’s stats?

Gather every last detail on the company. Think years in business, locations, employees (how many are there and what is their experience level?) and industry experience. And don’t let them sell you on their success stories – dig deeper and find out what their worst failures have been too.

3. Are they familiar with your industry?

Have they handled projects for similar clients? If so, will anyone from that project team be working with you?

4. What do their clients say?

Get references for any potential consultants – their company, solutions and people. You are building a long-term relationship, so ensure it will be a fruitful one.

5. What options can they offer me?

Ensure any potential partner you work with has a healthy range of accounting management solutions for you to consider. Be sure to seek software that can be configured, easily changed and with migration tools for easy set-up and transition. Depending on your business, your needs may not easily be met by one solution.

6. What is their success rate?

Overall, you want to ensure the partner will complete your project on time, on budget. Make sure you measure success by customer-determined criteria. Learn about the processes they implement to ensure project success.

7. What are the camouflaged costs?

Avoid surprises and ensure you thoroughly understand the full cost, from pre-implementation assessment, through testing, deployment and post-implementation support. Beware of additional licenses or other required items.

8. Do they have automated tools?

By this, I mean tools to minimize cost while accelerating and ensuring a smooth implementation. If so, what are the tools’ limitations and how will the partner fill any gaps in the process?

9. How do they mitigate risks?

Ensure the partner has a solid plan to mitigate risks – climbing costs, project slippage, and loss of data. Your success should be the heart of the project.

10. What will the impact on your business be?

You want this accounting management software implementation and associated process to have a minimal impact on your business. Be aware of what is expected of you and your employees during the process. Calculate that impact – the cost of your time, potential downtime and any further disruption, and add that to the cost of the solution itself.

11. Do they value their clients?

In the beginning, any partner will be in fully ‘on’ – after all, they want your business. Will this be consistent throughout the process? By asking the above questions, you will better ensure that you will remain their priority throughout your software implementation project.

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