Inhouse Vs External Software

Question 1

Advantages of using external out-of-house Accounting Software?

Answer 1

• Lower costs: Company won’t need to spend money on continuous development, supplier of software will.
• Shorter Implementation time: Supplier develops and implements software.
• After sales support: quick resolution of any issues.
• Training and manuals provided.
• Software has been thoroughly tested for errors and continuous development.

Question 2

What are so disadvantages of external accounting software?

Answer 2

• Current practises and procedures need adjustment in order to fit the accounting software requirements.
• “One off” modifications are expensive.
• Dependent of supplier for support and training.
• Supplier determines development.