Tips for finding new accountancy software

So, you want new accountancy software, but now, you’re left with nothing but a sinking feeling because a new question arises: where do you even start?   

Fear not – here are some pointers you can use when finding a new software sweetheart.   

1) Use a software scorecard  

Consider creating a scorecard where desired functionality is rated out of five against actual functionality to ensure a robust and objective selection process.  

When creating a scorecard, outside of the fundamental features you need for your day-to-day, also consider criteria such as:   

•  Commitment to Research & Development (R&D)  
•  System stability   
•  The software’s ability to scale   

2) Speak to peers  

On paper, most software looks incredible, jam-packed with features and the answer to your problems.    

But too often, software vendors over-promise and underdeliver – don’t fall prey to software catfishing.  

A way around software catfishing is to speak with your friends, colleagues and peers to find out what solutions they’re using to ensure you receive an unbiased viewpoint on the functionality.   

3) Google, Google, Google  

If you’re after specific software requirements – whether that’s features such as cloud, open APIs or Anti Money Laundering (AML) modules, to name a few – Google is your best friend.   

Software vendors often have dedicated web pages for their key features or add keywords to their main product pages, meaning if you’re after a specific tool, a quick Google search is often a great starting point.   

4) Check reviews  

A wide array of review sites now exist for software, such as Trustpilot and G2, where you can see snapshots of customer experiences.  

These sites typically provide an initial score which gives you an idea, but some reviewers also leave comments, providing further insights.  

The break-up guide

Hopefully, now the idea of finding new accountancy software isn’t as daunting.

For those looking to break-up with their current provider, we’ve got just the guide for you! Check out our break-up guide for everything you need to know about switching your software provider – click here.

Alternatively, check out our break-up webpage for help finding the right software relationship – click here.