How to select a new Accounting/ERP system (Part 2) – In part 1 we discussed creating a selection committee and documenting needs and in Part 2 we discuss researching solutions and creating the request for information.
-Research possible solutions —Sage (Peachtree, ACCPAC, MAS 90/200 and MAS 500), Microsoft Business Solutions(Dynamics GP, NV and AX) and Intuit (QuickBooks) dominate the general software marketplace but you may need to look at specific (vertical) solutions for construction, manufacturing, retail, service, etc.
-Request for Information — This step involves sending vendors your key requirements and asking them to reply with their ability to meet your needs and the approximate cost for software and implementation for the user count you provide them. Once all replies are received, you will be able to easily narrow the field to the two top candidates.
In Part 3, we will discuss preparing for and conducting product demonstrations.