Accounting Services
Icon-14-2
Outsourced Accounting

Expertly trained accountants with a deep understanding of the software and your industry,

Icon-15-1
Family Office Accounting

High-touch technology family office accounting services that ensure security and privacy.

Icon-16-1
Bill Pay

Outsourced bill pay solution with cash flow reporting and tracked expenses.

RESOURCE CENTER
What Are Outsourced Accounting Services and Do I Need Them?

If you are asking yourself these two questions, you've come to the right place.

What’s the Difference Between CFO and a Controller - and What Do I Need?

Although these two important roles are sometimes viewed as interchangeable there are important differences between them.

Industry Expertise
Icon-17-1
Our Key Industries

Expert knowledge and high-quality software solutions for our 5 key industries.

Icon-18-1
Construction & Real Estate

Real-time financial data and integrated job costing to generate reports and improve accountability.

Icon-19
Manufacturing & Distribution

Track billing of materials, implement inventory control systems, manage supplier base, and reduce unnecessary costs.

Icon-20
E-Commerce

Our team has the expertise needed to navigate deposits, refunds, chargebacks, and processing fees to maximize efficiency.

Icon-21
Professional Services

Streamline financial operation and increase overall profitability to enable faster and smarter decisions.

Icon-15-1
Family Office Accounting

High-touch technology family office accounting services that ensure security and privacy.

RESOURCE CENTER
Why does industry expertise matter?

Industry focus allows us to be experts in the accounting needs of the companies that operate within these industries.

Why Plumb Works With These Industries

This is another one of our favorite questions. The answer is easy: we know these industries.

Software Expertise
Icon-22
Sage Software

Innovative software to manage your accounting, people, payroll, payments, and more.

Icon-23
NetSuite Software

Integrated cloud business software suite, including business accounting, ERP, CRM and ecommerce software.

Icon-24
QuickBooks Software

Scalable solutions for reporting, transactions, month-end close, analysis, and more.

RESOURCE CENTER
Is there really a difference between NetSuite, QuickBooks, and Sage?

On the face of it, NetSuite, QuickBooks, and Sage might seem similar, but there are quite a few differences that need to be understood when researching your software options.

How do I know which Software is right for my company?

Selecting the "right" software for your company might seem like an overwhelming task, but we'd like to help make this process easier for you.

Sage
Icon-262
Sage Software

Innovative software to manage your accounting, people, payroll, payments, and more.

Icon-26
Sage Intacct

Automate the critical processes, reduce the spreadsheet headaches, and get greater visibility into real-time business performance.

Icon-27
Sage 300 CRE

Sage 300 Construction & Real Estate connects finances and operations to help ensure maximum profit.

Icon-28
Sage 100 Contractor

The all-in-one construction software that goes beyond basic accounting to put you in total command of your projects.

Icon-29
Sage Estimating

Build bids quickly and precisely, plus integrate with other Sage software solutions to streamline operations.

Plumb_Icon-119
Sage Paperless

Easily store, retrieve, and route documents for accounting and operations.

Icon-30
Sage Service

Streamline service calls and construction projects from start to finish with web-based real-time information.

Icon-31
Additional Solutions

Add-on these services to improve workflow and enhance data and analytics.

RESOURCE CENTER
How and When to Choose Construction Accounting Software?

The right tools can help you manage your construction projects efficiently, provide clarity of your finances, and ultimately help improve profitability and job success.

5 Types of Visibility Every Construction Firm Should Have.

Here we list 5 key elements to help capture insights that are pivotal to running an efficient and lucrative constriction firm.

ABOUT
Icon-32-1
About Plumb

Plumb seeks to empower business owners and leaders to gain clarity about their financials to grow their business.

Icon-33-1
Case Studies

Learn more about our work with clients in a variety of different industries.

Icon-34-1
Meet the Team

Learn more about the Plumb leadership team.

Icon-35-1
The Plumb Promise

Icon-36-1
Careers

Want to join us? Check out our current open positions and apply today.

RESOURCE CENTER
What can Plumb Do for Your Business?

At Plumb we pride ourselves on providing "clarity in accounting and stewardship in service." But what does that actually mean?

What's the Plumb Promise and What's in it for You?

We're on a continuous journey to go above and beyond for our clients. Here's how we do that.

How do I know which Software is right for my company?

Posted on January 11, 2023 at 7:58 PM
Written by Plumb

Selecting the “right” software for your company might seem like an overwhelming task due to the sheer number of options currently available.

As experts in accounting needs – and the related accounting software available today – we’d like to help make this process easier for you.

Here are the questions you should be asking as you are assessing your software needs.

  1. What is your budget?

There are options out there for nearly any budget. Before you dive too far into the world of accounting software options, you should create a monthly or annual budget for yourself so you understand what you can invest in this important tool. Specific questions to answer related to your budget are:

  • Will you need multiple people to have access to the software, or do you only need one person to use it?
  • Are you looking for cloud-based tools? (If so, these are typically going to be subscription-based as opposed to purchasing a software use license.)
  • What features are most important to you? Some tools charge additional fees based on “extra” features.
  • And don’t forget to ask about a free trial! Many software providers will offer this, or at least a free in-depth demo of what their product offers.
  1. What is the skillset of the person/team who will be responsible for using the software?

Depending on the capabilities of the person or people using the software, you’ll want to check on ease-of-use, if there is any training offered by the software provider or the company through which you purchase it, and what – if any - ongoing customer support is available.

  • Do you have a CPA on staff who is well versed in GAAP compliance and all your accounting needs?
  • Do you have a team of accountants who are skilled in utilizing complex cloud-based software tools?
  • Or are you still cobbling together important data and reports on various excel sheets?
  • You should also inquire about whether you are able to control what your team can access and edit within the software. Some of your team should have full Admin rights to everything, while others might only need to access one or two modules of the tool.
  • We also suggest that you consider designating one person on your team as the go-to software person. This will help everything run more efficiently.
  1. How complex is your business and your accounting needs?

Every business operates differently and has different accounting needs. There are software tools designed for specific industries and the businesses within those industries.

When reviewing your accounting needs, you should be asking some of these questions, and then create a list of your priorities. What are “must-haves” versus “nice-to-haves”?

  • What kind of features and tools do you need in your software?
  • Do you want to create and track invoices, pay vendors, and process credit cards? Are you looking for robust reports and the ability to integrate with banks?
  • Do you operate multiple divisions that need to be supported by one, cohesive tool?
  • Also, it’s important to understand how these different software platforms can integrate with whatever other platforms you are currently using.

There are options out there for every industry, business, and budget. Before you get started, it’s important to understand exactly what you can afford, who on your team will be working with the software, and what your specific needs and goals of the software are.

At Plumb, we have a narrow focus on a few key industries, an extensive knowledge of the software solutions we offer, and a commitment to serving our clients. We can help take your business to the next level. We are here to help guide you through the outsourced accounting and accounting software process, and to answer any questions you may have. Please let us know if you’d like to schedule time for a free consultation. We’d love to help.

Read more blog posts

What Are Outsourced Accounting Services and Do I Need Them?

If you are asking yourself these two questions, you’ve come to the...

What's the Difference Between a CFO and a Controller - and What Do I Need?

Although these two important roles are sometimes viewed as...

Why Does Industry Expertise Matter?

We love this question, because it really gets to the heart of who we...

Why Plumb Works With These Industries

This is another one of our favorite questions. The answer is easy: we...

Sign up now:

Receive actionable business and accounting insights directly to your inbox.

Submitting this form subscribes you to emails from Plumb. View our privacy policy.