Perplexing as it may seem, companies looking to purchase a new accounting system often expend a tremendous amount of time and effort performing research into accounting applications without actually purchasing a new system.  While this might suggest that the “right” system did not materialize in the search, the reason for making “no decision” is much simpler.  Based on several studies and surveys, the most common reason for not purchasing a new accounting system is that the organization was not ready for the change that comes from implementing a new system.  A new accounting application requires an organization to adhere to new standards, to process information differently, and to redefine how business is conducted.  The realization of change most often comes after seeing two or three product demonstrations from multiple vendors.  The concept of change comes as quite a shock to an organization that, as one client put, “it is like jumping into a swimming pool on a hot summer day – you are not quite sure how cold the water is.” But what if implementing a new system was more than an inconvenience?  Understanding the best practices from successful implementations will not only facilitate the buying process, but will ensure a smooth transition and eliminate the pain from outdated systems.  We surveyed several accounting vendors for their accounting software implementation best practices and here is what we learned…


About Cameron Ackbury, CPA

Founding Director at DaggerFoil Group
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