Goverment Software, Non-Profit Software, Consulting Services and more
Accufund Anywhere is a browser based application and provides all the functionality as the Accufund Cloud and the On-premise.
Determining how many people need access to your t financial management system and where they are located is important. Do you have one main facility or multiple locations? Do employees only need access while onsite or do they need to have mobile access? Do they work full-time in the office or do they need remote access? How will the financial management system be used and where will it be housed?
What do you need your financial management/ERP system to do? How can it be as efficient and streamlined as possible? Make sure your wish list items are addressed – from core system capabilities to modules that enhance and tailor the solution to meet your organization’s specific needs.
Many agencies store data that could be a target for hacking or contains sensitive information. Knowing your data is secure is critical. From ransomware threats to disaster recovery to increasing security risks among employees, security remains top-of-mind in your financial management solution decision-making
Onsite solutions are generally considered to be capital expenditures where a license is purchased up front with recurring fees for support and updates. Online services are a subscription basis and viewed as an operating expense. Support, security and updates are usually included in the subscription fee. As your organization thinks about updating its financial management/ERP system, take an inventory of where you stand with your IT infrastructure, and what additional items are needed to get the system up to current standards.
Organizations come in all shapes and sizes and have unique needs and IT resources. Some have internal IT departments who are capable and have dedicated staff to manage an onsite financial accounting solution as part of their overall technology initiative. Other organizations have limited staff and might be more comfortable outsourcing to an IT Consultant on an as-needed basis. Does your organization have the IT infrastructure to maintain an onsite solution or is it best for your organization to have the software provider manage IT Support?
Change happens. The decision you make right now, given all the research you’ve done, is the best decision at this time. But in 5 years, as your organization evolves, it’s possible your needs could prompt change. Based on some or all of the categories we’ve identified – organizational structure, budget, expertise, functionality, and security – there could be a need to revisit your organization’s financial management deployment option. In fact, it is common (and encouraged) for organizations to review IT controls and review best practices regularly.
Copyright © 2022 BW Consulting, Inc. Financial Software and Services - All Rights Reserved.