Accounting Software Selection

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Selecting accounting software can be a daunting process. Which features? What vendors? How much? How long? What about training and support? The list goes on.

At Tailored Technologies, we take a pragmatic approach to software selection that breaks the process down into manageable steps.

We typically begin with a thorough needs analysis that includes interviewing your personnel as well as your accountants and documenting your current systems and procedures. This analysis concentrates on identifying your specific requirements, such as integration with proprietary third-party software products and advanced reporting capabilities.

From there, we identify appropriate options, assisting you with everything from identifying vendors and evaluating demonstrations, to creating the Request for Proposal (RFP), negotiating the price, reviewing the contract and many things in between.

Best of all, we’re flexible. We can enter the process at any point or help you from beginning to end.

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Case Study #1

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A non-profit home healthcare institute found that its low-end accounting software package was no longer meeting its needs. Specifically, the institute was looking to expand its capabilities in reporting and budgeting as well as to link to proprietary databases. In-house staff members had attempted to research alternatives but they discovered that the search process was time-consuming and confusing. Consequently, the institute engaged Tailored Technologies to provide assistance. We began by conducting a thorough needs analysis to clarify the exact requirements for the new application. We then conducted a search and evaluated vendors based on the needs analysis. Using our extensive knowledge of the accounting software on the market, we helped the institute to make a decision that it is very happy with today.

Case Study #2

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A company that manages a housing development in New York City had almost completed its accounting software selection process. However, the process stalled when the company became deadlocked between two different vendors, representing two totally different software products. Tailored Technologies was hired to break the deadlock through a final evaluation process. We helped the company to make an effective choice, moving on to assist them in negotiating the contract.