Determine long term software needs, says MYOB

Dateline: 10.01.2009
Author: Alan Hardcastle

For many smaller businesses, the challenge comes from having to do so much with so few people and resources. Assessing medium to long term needs is critical to choosing the appropriate software says MYOB.�
“At MYOB we understand that running your own business can be difficult and we aim to provide the most effective tools and information to enable small business owners to work smarter, not harder,” explains Tim Reed, CEO of MYOB.
“There is no doubt that selecting an accounting, payroll or retail point of sale solution is a challenging decision for business owners. Many factors come into play when selecting the right software for their business. However, before business owners even start looking at what solutions are available, it is important that they assess their immediate and long term needs,” Reed states.
When looking at a business management solution, some of the key questions to be asked include:
• What are our business needs for the next one to two years?
• Do I plan to grow?
• Do I plan to employ people in the next one to two years?
• What support options are there for my business and how accessible are these?
• What accounting software package does my accountant/bookkeeper use or is familiar with?
• How many people in my business need to use the accounting software?
• Will I need new hardware to accommodate my accounting software?
• Do I need payroll functionality? Do I need inventory functionality?
• Do I need basic or advanced business reporting capabilities?
• If I have a shop should I automate my cash registers with a electronic POS system?
This needs assessment will ensure implementation of the most appropriate business solution.
MYOB has completed extensive research into the needs of business owners and has developed a range of business management solutions to meet these needs. From accounting tools to full payroll and retail POS solutions, MYOB can help run smarter businesses.
For those business owners who would prefer to have someone else handle the business accounts and payroll for them, MYOB has a nationwide range of certified consultants, accounting professionals and other partners who can assist business owners with their accounting, payroll and retail needs - including recommending which package is right for them at this stage of their business’ lifecycle.
MYOB also offers year-round access to a technical support team and a range of classroom training courses designed to assist small business owners and bookkeepers with the use of MYOB software, from the basics of business computing through to mastering the most powerful features.
Image: Tim Reed... assess longer term software needs before making the purchasing decision
www.myob.com.au or www.myob.co.nz