Time and effort required for accounting software 'pays off'

News Article - 29 February 2008
Category: Technology

Accounting software
can take time to install as it "doesn't just come out of a box", firms have been warned.

Paul Hibbert, finance manager of the Birmingham YMCA, told AccountingWeb that although it may take a little extra effort to set up accounting packages than other forms of IT, it is worth it in the long run.

"You have to create the forms and data input screens you need as an organisation, but then you can automate many of the procedures you need done - so it's worth the effort," he said.

By taking time to ensure all the relevant details are accurate it becomes more beneficial as the accounting software will work specifically for that company, Mr Hibbert added.

The Birmingham YMCA recently replaced its existing package to purchase a more up-to-date product, giving the association instant access to purchasing decisions in real-time.

Accountancy Age recently reported that the main elements companies are looking for in accounting packages is reliability and stability.

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