Choosing the Right Software for Your Accounting Firm

With so many programs and apps on the market that provide accounting firms with better productivity, client management, and cost-efficiency, it can be hard to choose the right one for your company’s needs. Some software packages offer several features that others don’t, while some have costly all-in-one subscriptions, whereas others specialize in one or two services!

Knowing where to look in the market can be daunting, but by starting with your company’s current issues and objectives, choosing the right accounting firm management software will be a much easier task to get what you need.

Identify Your Most Pressing Pain Points

Getting the latest and most popular software might sound like a good investment, especially if you want to stay ahead of the curve when it comes to your competitors. However, it doesn’t guarantee the solution to your firm’s workflow and process issues, and you might just waste time and money on tools you don’t need.

Choosing the right accounting apps will require you to assess your biggest challenges and find a solution to address those specifically. Maybe your documentation system is a manual mess, or processing payments isn’t as organized as it should be. Whatever the major pain points might be, discuss them with your team and choose the appropriate tool based on your needs.

Determine What Your Clients Want

If one of your reasons for choosing new software to help your firm is a client-based reason, then you must consider what your clients want. By understanding this, you can improve your services and spot opportunities for creating new revenue streams within your clientele. Some clients might want more insights and predictions regarding their financials or prefer to have more accessible cloud-based systems.

Determine their needs, technological proficiency, and the fees that you can charge. The right client management software for accountants will allow you to cater to your clients best.

Identify the Clients You Want to Attract

Perhaps your firm’s goal is to acquire more clients! To determine the kind of software that you’ll need to make this acquisition process easier, figure out the type of clients you want to attract and their needs. This is especially important if you’re hoping to pull in potential clients from a very specific niche, so ensure that the app you choose can support these clients’ specifications. A good example is non-profit organizations, which tend to have a specific process for payment approvals.

Assess the Feasibility of Implementation

When assessing any accounting workflow software for your practice, you need to determine whether it is feasible to implement it into the existing technologies governing your operations. Introducing and onboarding a new system can be difficult, so you must also have a plan for the birthing pains you’re likely to experience. Not only will your staff use it, but your clients will have to acclimate to your new software as well. Having a full-blown implementation plan is essential for the success of running your new accounting software.

Make sure to have a timeline and consider the best ways to integrate the gradual adjustment into your workflows. Setting expectations and knowing your limitations will allow you to get the best value from the software you select.


Choosing the right accounting software for your firm is all about understanding your needs and how you plan for the app to help you reach your objectives. Keeping these in mind will determine the features and benefits you should look for in this software to navigate the market for the best choices. It may be easy to get distracted by great deals and flashy advertisements, but it’s important to keep your goal in sight. That way, you’ll be sure to get a platform that works for you rather than the other way around.

Are you looking for more innovative approaches to streamline your accounting firm’s operations? Here at My Firm 360, we offer accounting firm management software that simplifies running your firm, making the job much easier and stress-free. To book a demo, contact us today!

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