In terms of ERP Accounting Software solutions in Dubai, the offer is large and has changed a lot in recent years. How to find your way around? What criteria must absolutely be taken into account? Find a clear guide in 4 steps and a key list of items to check to help you make the right choice!
This one looks great, in addition he manages the tax package and takes into account the dollars!" Ah by cons it will not go budget level ... And that one?
It even has a mobile app! But have you checked the legal compliance and the number of users ? "
This moment is often as much awaited as feared. Choosing accounting software is a key decision in the life of a business, which leads to considerable efficiency gains. However, given the multitude of existing software, choosing can quickly turn into an obstacle course. Especially since the latest innovations bring many criteria into play that go further than just accounting entry (ergonomics, mobility, integrations ...). Here is a simple guide and a checklist of questions to ask yourself, to find THE perfect software!
Step 1 | Why is having good software essential?
The software will allow you to professionalize all your Accounting software with vat. This takes you to a higher level of management: optimized, precise and reliable. Among the many advantages, we can cite:
Ø Centralization and traceability of financial data ( clear management dashboards )
Ø Reduced risk of errors (sometimes linked to manual entry)
Ø Streamlining of processes (invoicing, quotes, tax base, etc.)
Ø Legal compliance (therefore no risk of sanction)
Consequences: you have a much better visibility on the daily activity of the company! A real help in making the right strategic decisions, not to mention the time savings brought by process automation.
Step 2 | How to start your search for the perfect software?
That's it, your Excel file becomes definitely unsuitable, you are overwhelmed and have grasped the importance (even the urgency!) Of providing yourself with good accounting software. But where to start ? Already, collect opinions!
Ø Your accountant will be of excellent advice, knowing well the offer of available software, as well as your needs. Be careful, however, not to trust its sole opinion, since it is also in its interest to advise you on the most accommodating software in relation to its operation.
Ø Do not hesitate to question your professional network, partners etc. on their experiences & choices in accounting and management.
Step 3 |Which software for which type of business?
Several types of software exist depending on your profile:
Ø EPT with chartered accountant : simple software with basic functionalities on bookkeeping, even invoicing and quotes.
Ø Companies managing their accounts internally: complete software integrating the entire accounting process (VAT declaration, Vat registration in Dubai, tax report, expense reports, etc.).
Ø SMEs / large companies preferring to use an ERP: software that will centralize all the data, to go further than just accounting management. They are often tailor-made, covering specific needs. Find out here how to choose and implement an ERP.
Ø Companies in specific sectors : certain software is particularly suitable for trades (building, catering for example)
Tips:
Have a long term vision! Are you experiencing rapid growth? Take it into account so that you don't have to change software in a few months...
Preferably choose software from a recognized publisher. You will thus be assured of certain guarantees (updates, regulations, support, etc.).
If you decide to manage you’re accounting with a quote and invoice editor, make sure that this is compatible with your accountant's software (concerning data integration).
Step 4 | Test ... and learn!
Most software has a free, no-commitment version that allows you to test them for 30 days. Once your software shortlist has been established, do not hesitate to test them to familiarize yourself with the tool and the functionalities! You will be more comfortable with certain ergonomics than others for example (presentation of dashboards and reports etc.).
Read also: Are you looking for Auditors in UAE
You now have all the cards in hand to find the perfect accounting software, one that will save you time and support your growth.
The last few years have seen the emergence of numerous innovations in the field which greatly diversify the software offer. And the innovations are not about to stop with the arrival of chatbots, the ever easier integration with third-party apps ... With the right software, accounting has never been so pleasant!