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Accounting & Financial Management Software Buyers Guide

Download the 2023 Buyer’s Guide to understand whether your current accounting software is helping your organisation grow or holding it back.

This guide explores the challenges finance leaders face with outdated systems, compares on-premise, hosted and cloud financial software, and gives you practical questions to ask before choosing your next accounting and financial management platform.

Read Time: 15 mins

Best for: CFOs, Finance Directors and finance leaders reviewing their accounting software

Topic: Accounting software selection, cloud finance, vendor evaluation and financial management systems

Download This White Paper

What you'll learn in this whitepaper.

Choosing new accounting software is not just about replacing a system. It is about making sure finance has the visibility, agility and control needed to support better decisions as the business grows.

1 Legacy systems limits

Learn why older accounting systems can make it harder to access accurate, timely financial information.

2 Software delivery models

Compare on-premise, hosted and cloud software, including the impact on cost, upgrades, integration and IT support.

3 Cloud readiness

Use six practical questions to assess whether cloud financial software is right for your organisation.

4 Vendor evaluation

Understand the steps needed to gather requirements, compare solutions and select the right financial management system.

5 Cloud vendor checks

Explore the key areas to review, including implementation success, security, data ownership, support and ROI.

6 SLA must-haves

Learn what should be covered in your service level agreement, from system availability to disaster recovery and support response.

Who should download this whitepaper?

This whitepaper is for finance and business leaders who are questioning whether their current accounting software can keep pace with modern reporting, compliance and growth requirements.

Finance leaders & CFOs

For leaders who need faster closes, better visibility and more confidence in the financial information used for decision-making.

Finance & accounting teams

For teams spending too much time on manual work, spreadsheet maintenance, consolidations and disconnected reporting.

IT & systems leaders

For those involved in assessing delivery models, integrations, security, infrastructure and long-term system support.

Managing directors & business leaders

For decision-makers reviewing whether their current finance system can support the organisation’s next stage of growth.

Inside the whitepaper.

A quick look at the topics covered inside the full download.

The modern CFO’s balancing act

Why finance leaders need real-time financial truth to manage complexity, change and faster decision-making.

Why financial information is hard to access

How older systems can limit reporting, flexibility and visibility across the organisation.

Choosing a delivery model

A comparison of on-premise, hosted and cloud software, including cost, upgrades, integration and support.

Cloud readiness questions

Six practical questions to help decide whether cloud financial software is right for your finance team.

Evaluating solutions

How to gather requirements, compare vendors, assess product fit and choose the right system.

Vetting cloud vendors

What to check around implementation, data ownership, security, ROI, support agreements and SLAs.

Key takeaway from the whitepaper.

Modern finance teams need systems that support speed, visibility and change. This guide helps buyers understand what to look for, what to challenge and how to make a more informed software decision.

What is this whitepaper about?

A practical guide to choosing accounting and financial management software, with a focus on cloud delivery, vendor evaluation and long-term fit.

Who is it for?

Finance leaders, CFOs, accounting teams and senior decision-makers considering whether to replace or upgrade their current finance system.

What will I get?

A clear framework for comparing software models, assessing cloud readiness, vetting vendors and understanding what should be agreed before you buy.

Created by Sage specialists.

Mysoft works with professional services organisations across the UK and North America to implement, support and optimise Sage Intacct, Sage X3 and X3CloudDocs. This whitepaper draws on practical experience helping firms improve financial visibility, utilisation and project profitability.

Sage Intacct knowledge

Cloud financial management, project accounting, reporting and finance transformation.

Sage X3 expertise

ERP for complex, operational and multi-site organisations.

Document automation

X3CloudDocs for AP automation, sales order automation and document management.