There are several core features and capabilities that become important criteria in evaluating an accounting software package.

First, check to see if the product has broad function support. Does it support a range of transactions and activities including investment and asset management, debt collection, P.O. tracking, and so on?

Second, examine the products reporting and analysis capabilities. With today’s stringent regulatory guidelines in financial management, having the ability to access your critical metrics and trends is key.

Finally, see how easily the product will integrate with the software systems that you already have in place. Choose a package that will easily plug in to your existing software architecture: this will decrease deployment time.