{"id":2140,"date":"2021-06-02T11:23:14","date_gmt":"2021-06-02T10:23:14","guid":{"rendered":"https:\/\/www.acuitysolutions.co.uk\/?p=2140"},"modified":"2023-02-09T11:09:45","modified_gmt":"2023-02-09T11:09:45","slug":"accounting-software-challenges-financial-project-services","status":"publish","type":"post","link":"https:\/\/www.acuitysolutions.co.uk\/accounting-software-challenges-financial-project-services\/","title":{"rendered":"Accounting Software Challenges"},"content":{"rendered":"<h2><span style=\"color: #70b84c;\">6 Accounting software challenges faced by Financial &amp; Project Service businesses<\/span><\/h2>\n<p>Financial and project services businesses are always looking for ways to improve cashflow, get paid faster, increase accuracy, get meaningful insights, and ensure reporting is relevant and impactful. With the right technology and expert partner knowledge, you can overcome these challenges and focus on driving your business forward.<\/p>\n<p><strong><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-2142 size-full\" src=\"https:\/\/www.acuitysolutions.co.uk\/app\/uploads\/2021\/06\/6-challenges.png\" alt=\"accounting software challenges\" width=\"602\" height=\"344\" srcset=\"https:\/\/www.acuitysolutions.co.uk\/app\/uploads\/2021\/06\/6-challenges.png 602w, https:\/\/www.acuitysolutions.co.uk\/app\/uploads\/2021\/06\/6-challenges-300x171.png 300w\" sizes=\"(max-width: 602px) 100vw, 602px\" \/><\/strong><\/p>\n<p>As a prized Sage Partner with more than 30 years\u2019 experience in providing transformational business management systems, services and support, we understand more than anyone the challenges that companies face due to insufficient software. Here are the top 6:<\/p>\n<h2><span style=\"color: #70b84c;\">Challenge 1 \u2013 Escalating cost of renewals<\/span><\/h2>\n<p>Never mind the hefty initial costs of software, there are also maintenance and upgrades to budget for in many on-premises hardware and software. This can cause major headaches for businesses, making it difficult for them to manage and grow effectively.<\/p>\n<p>Maybe adopting a fully native cloud technology like\u00a0<a href=\"https:\/\/www.acuitysolutions.co.uk\/sage-intacct\/what-is-sage-intacct\/\">Sage Intacct<\/a>\u00a0could be the aspirin to this headache?<\/p>\n<h2><span style=\"color: #70b84c;\">Challenge 2 \u2013 Unclear implementation costs<\/span><\/h2>\n<p>Moving to a new finance or ERP system can be a risky move. When implementing a new solution, costs and timescales can vary and be greatly underestimated. This can result in delays to go-live schedules, customers facing additional supplier charges to finish the job and potential revenue losses due to incomplete functionality and processes.<\/p>\n<p>Maybe working with <a href=\"https:\/\/www.acuitysolutions.co.uk\/company-overview\/\">Acuity Solutions<\/a> &#8211; who can guarantee <strong>fixed price<\/strong> implementations &#8211; would be the safer option?<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>6 Accounting software challenges faced by Financial &amp; Project Service businesses Financial and project services businesses are always looking for ways to improve cashflow, get paid faster, increase accuracy, get meaningful insights, and ensure reporting is relevant and impactful. With the right technology and expert partner knowledge, you can overcome these challenges and focus on [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2142,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,7,20],"tags":[],"_links":{"self":[{"href":"https:\/\/www.acuitysolutions.co.uk\/wp-json\/wp\/v2\/posts\/2140"}],"collection":[{"href":"https:\/\/www.acuitysolutions.co.uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.acuitysolutions.co.uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.acuitysolutions.co.uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.acuitysolutions.co.uk\/wp-json\/wp\/v2\/comments?post=2140"}],"version-history":[{"count":21,"href":"https:\/\/www.acuitysolutions.co.uk\/wp-json\/wp\/v2\/posts\/2140\/revisions"}],"predecessor-version":[{"id":10895,"href":"https:\/\/www.acuitysolutions.co.uk\/wp-json\/wp\/v2\/posts\/2140\/revisions\/10895"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.acuitysolutions.co.uk\/wp-json\/wp\/v2\/media\/2142"}],"wp:attachment":[{"href":"https:\/\/www.acuitysolutions.co.uk\/wp-json\/wp\/v2\/media?parent=2140"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.acuitysolutions.co.uk\/wp-json\/wp\/v2\/categories?post=2140"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.acuitysolutions.co.uk\/wp-json\/wp\/v2\/tags?post=2140"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}