Choosing the Right Vendor for your Accounting Software

One of the major concerns of every business owner and emerging entrepreneurs is how to keep track of the money customers pay you and how much you pay to your service providers or product suppliers, depending on your line of business. This is the core reason an accounting software is no longer an option but a MUST HAVE.

Good accounting software isn’t a program that will complicate your processes but rather you help you make daily tasks easier and better – from recording payments, monitoring expenses, invoicing and bank statement reconciliation – which ultimately gives you the perfect idea of where your business might be headed.

The big challenge is, how can one spot the right accounting software vendor or consultant in the midst of a varying line of businesses, multiple pricing plans and the number of users?

At BigResources Solutions, we help small and growing business find the right accounting software using our 4 core principles:

  1. Your line of business: What do you sell, how do you earn your income and what are your major business expenses?
  2. Financial report: Do you need accounting receivable and payable report? Do you need an inventory report? What other financial report do you want for decision making?
  3. Usability: How many users do you want to give access to the software? Do you prefer cloud-based access or in-premises?
  4. Costs. Would you prefer the one-off or subscription?

To help make your final decisions, here’s a list of questions you can ask an accounting software vendor in Nigeria when you want to select the right accounting software for your business:

  • Is your software a good fit for my industry?
  • Do you offer customized solutions to fit my business’s needs?
  • How many suppliers and customers can your software accommodate?
  • How can your software help me comply with VAT/ Withholding tax regulations?
  • How is my data backed up? Can access be restored immediately after an outage?
  • What security measures do you have in place to keep both my business’s and my customers’ data secure?
  • What is the total cost? Are there any setup or cloud storage fees?
  • What types of tech support and customer service do you provide? (For instance, do you provide/offer a preferred form of contacts, such as phone or live chat?)

Feel free to contact our support centre at 08105090001, 08084219399 for your accounting software.

Best Accounting Software from Registered Vendor and Partner in Nigeria

Recommended – See what QuickBooks will do for your business and which version is right for you.