Migrating Accounting Software:
A Key Business Decision - a daunting task but very worthwhile
Upgrading accounting software is a vital step for businesses aiming to improve financial management. The process involves transferring data from an existing system to a new platform that offers enhanced reporting, advanced features, and greater automation. Understanding the migration methods, recognizing the right time to switch, and evaluating the benefits can help ensure a seamless transition.
Businesses often move from entry-level solutions such as Xero or QuickBooks to mid-tier systems like AccountsIQ or Sage Intacct, which provide more sophisticated functionality. Older very expensive systems such as Access Dimensions, lack the functionality and ease of use of new systems such as Xero, Sage or Quickbooks.
Migration and Upgrade of Accounting Software
Several approaches can be used for migration, depending on business needs and constraints:
- Manual Migration: Exporting and importing data manually—Our expert teams manage the transition for you and ensures accuracy and reliability.
- Software-Assisted Migration: Utilizing specialized migration tools. This can be costly and compatibility issues are common.
Why Migrate Accounting Software?
The decision to switch systems is driven by various factors, including improved reporting, expanded features, and process automation. A comprehensive review of the accounting system and its integrations should inform the transition to ensure compatibility and efficiency.Annual cost savings are huge if you are transferring from an older style accounts packages.Operational efficiencies that arise from the improved reporting also contribute to better cost analysis and profitability.
As an example, a recent migration of a customers aged Access Dimensions accounts package to Xero saved our customer in excess of £25,000 per year.
Our team of experts will review and consult on your requirements so that we can give you a very cost effective quote.
We look forward to your inquiry.