Accounting Software: Ditching the Out of Box Mentality

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Accounting Software: Ditching the Out of Box Mentality

Too many people are soured on buying accounting software because of an “Out of Box” mentality. The existence of such thinking is understandable – after all, any other software operates this way. You buy it, you place the disk in the computer, you install, and you’re done. However, proper accounting software is more than this. So much more, in fact, that it’s becoming something else entirely: enterprise resource planning (ERP) software. The advantages to a fully-functioning ERP system are undeniable, but make no mistake; you won’t get them out of the box.

An ERP system communicates information with every element of your business. Marketing, inventory, project management, and customer relationship management need to talk to the general ledger, accounts payable, payroll, billing, and analytics to keep everything up to date. Given that every business is wildly different, it’s unrealistic to expect that this communication will snap in place automatically. Because of this, every dollar and minute invested in customization and setup pays off massive dividends down the road.

Business is all about making sound investments with your time and money. According to that, ERP software should be seen as an investment, and not just a purchase. It won’t feel like that going in, but it sure will every month when your financial reports are ready in a matter of days, or when you can correlate CRM data to sales on a whim. Such fantasies are possible, so long as you remember that acquiring them will take a little more investment than pulling a box off of a shelf.

Admiral Consulting Group offers a wide range of ERP products, such as Microsoft Dynamics GP, Microsoft Dynamics SL and Microsoft Dynamics NAV, which are designed to improve your business processes, give you better insight into how you are operating and solidify the technical backbone of your company.

For more information on Microsoft Dynamics click below

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