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Frequently Asked Questions

Our business process is about being able to look at a profit and opportunity in a non-static way and see it dynamically.

It is possible to manage your finances using spreadsheets or even on paper. However, unless you handle a very low number of transactions each month (ten or fewer), accounting software will almost certainly make you more efficient.

If you’re only just starting a business, the case for accounting software may seem less compelling.

However, it’s easier to get used to accounting software if you have it from day one. As your business grows, you can be confident you have software in place to cope with your success, and won’t have to go through a transition later.

Enterprise resource planning (ERP) refers to a type of software that companies use to integrate various business functions Management and Planning, Human Resources, Inventory, Finance and Accounting, Procurement, Sales and Distribution, Customer Relations, Manufacturing and more. 

The business software industry is typically substituted in different levels with certain business processes and functions based on the size of the business (small, medium and large). Accounting software is designed to manage one main aspects of business operations which is Accounting; additionally some of the accounting software might integrate other business functions such as inventory and HR. While, ERP software is designed to manage functionality across multiple business areas including accounting, inventory, contact management, warehouse management, purchasing and more. Once a business grows out of size level the need of implementing ERP software is required.    

t’s a good idea to talk to:

Similar businesses. Your contacts may be willing to share experiences of accounting software. Learning how companies like yours have successfully (or otherwise) implemented accounting software can be enlightening.

Your accountant. Your accountant, bookkeeper, or other trusted financial adviser should be able to recommend software. Be aware that some accountants receive commission from software companies, so their recommendations could have an ulterior motive.

Your staff. Make sure the people who will be using your accounting software play a part in selecting it. It’s important they are comfortable using the software, and have confidence in your choice of software.

Absolutely! Accounting companies typically offer either a 14-day or 30-day long trial period during which you can get to know the (top or chosen) product. If you don’t like the software you can just cancel the subscription, but if you are convinced, go ahead and subscribe. Oh, and don’t worry, once you have subscribed, you can use the software for free until the original expiration date of the trial.

The term “On-Premise”: The software is installed on a server on your premises .

  The term “Cloud”: Cloud Computing refers primarily to the physical location of the software system. With cloud computing, the system is physically located off-premises and accessed via the cloud (internet).

The term “Hosted:The software is installed on a server off-site, often in a large data centre

The term “SaaS”(Software as a Service):The software is licensed on a subscription basis and is centrally hosted.