003 - Selecting The Right One For Your Business (The Right Accounting Software)

The 2 Cents Business Podcast

If you’re in any small business groups on Facebook or LinkedIn, you’ve probably seen this question or if you’re running a business, you may have asked this question yourself.

“What accounting software should I use?”

The question is easy enough but it’s complicated at the same time as it requires a little more information before a thoughtful recommendation can be offered…

Before pointing any client (or group participant) in any direction, I ask a few questions...the answers help me figure out what software might be the best fit for that person and their business. Both now and in the foreseeable future.

Mentioned in this episode:

• What to ask yourself to narrow down the alternatives
• My top 2 accounting software recommendations
• How to grab a cents chat if you’re stumped & need help selecting the right software for you & your business

Highlights of this episode:

01:02 The question of the hour - What accounting software do you use? What accounting software should I use?

02:34 What information you need to provide to get a proper accounting software recommendation

04:00 Our case study - starting with the assumptions

04:45 What to consider before diving into the features and benefits of an accounting software package

05:03 What my questions are (rapid fire style)...What’s in your tech stack?

06:08 What’s your techno IQ?

06:34 What are your growth plans?

06:40 What are the minimum features you need from your software selection?

06:54 My top two accounting software recommendations

07:04 What to check before you commit to one

07:51 Why you want to automate your transaction information

09:11 Are you actually going to USE it?

10:55 Invitation to a Cents Chat

12:15 Episode recap/summary of all the goods

14:32 The 5 questions

15:04 Top Tip - BE CONSISTENT

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RESOURCES

Kill The Vanity Metrics Challenge

Money Matters Checklist

Resources List

WORK WITH COMMON CENTS

Virtual Accounting, Bookkeeping & CFO Services

Courses & Programs

Templates

Planners & Printables

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Thanks for stopping by and listening.

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Want to chat and hangout with me, Joyce? You can find me on Facebook, Instagram or Twitter…as @thecommoncents.