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Accounting Software World is sponsored by K2 Enterprises and is intended to augment our continuing professional education (CPE)seminars with an independent review of best of breed accounting and financial management solutions. Please contact us if you have questions or need help with accounting or financial management solutions.
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If you are planning on replacing your accounting software solution, please check out our selection steps on the Resources tab above. Below are a few of the solutions we have recently reviewed. You will find many others by clicking on the Product Reviews Tab above. We will respond to any request directly if you simply click on the links below our names.
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Picking the Right Solution For You
To help you in your search for the right solution, we have divided the market into segments as follows. Please click on Industry Solutions to the right to see if we have included products that fit your specific industry better. If not, of if you have a fantastic solution we have not included here, please let us know.
Entry Level Accounting
Entry level solutions are for a small business of·1-5 active users with a need for true financial accountability and reporting. Reviews
Small to Medium Business (SMB) Accounting
The SMB market·typically serves businesses with 5-25 active users, while the Mid-Market·· can serve from 25-100 active users.·High Mid-Market candidates·have more demanding transaction and reporting needs and therefore scale very well. These solutions typically support more functionality and a broader range of reporting. The underlying database is more robust ,and therefore,·SMB products are more scalable and able to take the business to its next level. Where only a few years ago the SMB and Mid-Market had very different competitors, over·past few years SMB vendors have enhanced their database capabilities and·added features and functions that were only found in much larger applications before. Today, you can feel comfortable selecting a product as a small business that will scale with you easily as you grow. Go to independent reviews.
Enterprise Accounting
Enterprise solutions typically target large organizations of 100 users or more. The feature set and functionality of these systems is advanced and very robust, so specialized businesses, such a process based manufacturing, large scale project management, of as few as five users, could benefit from these applications. We do not cover the highest end Fortune 1000 company solution here because it is such a limited range. Go to independent reviews.
Today there are perhaps three primary contenders, SAP, Oracle and Lawson, at the very high-end Enterprise Resource Planning (ERP) level. However, other products such as Sage ERP X3 and Microsoft Axapta are strong contenders·at much lower total·cost of·ownership. Businesses that once believed they had limited choices are finding other options work very well at the high-end and that is no longer true.
Business Analytics - Business Intelligence & Reporting
Business Analytics and Reporting are extremely important in any business. Many software manufacturers offer specific products to accomplish this, as well as products that are independent of specific accounting applications. The list below represents a short list of the top solutions in this classification. Go to independent reviews.
Customer Relationship Management (CRM) and contact management tools allow teams to track customer interaction, monitor employee activity, and generate routine correspondence to customers. Go to independent reviews. Go to independent reviews.
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