A feature comparison of 94 products based upon
the 350 most important features in accounting software
Quick - what's the best accounting
software product in the land? It is a difficult question isn't it? It's
sort of like asking which college football team is the best, ask 10 fans
and you'll get 11 different opinions. Still, just because the question
is difficult, that doesn't stop you from asking. In an attempt to answer
this question, we created our own product rating system designed to rate
the most important features. I suspect that any rating system will be
just as controversial as the Bowl Championship Series (BCS) rating
system used in college football, nonetheless, here it is.
The ASA Research Feature
Rating system is calculated based upon the 350 most important features
in accounting software. You can see this
listing here. We assigned either points to each of these
features, depending on their importance. We also separated these
features by modules.
We compared these features to 94 of the top accounting software
products, ranging from QuickBooks to SAP.
Click here to see a listing of the
94 products we analyzed. We
awarded each product either 1 point for each feature provided
right out of the box.
We also awarded partial
points in the event that the product did not offer a particular feature
right out of the box, but if that feature was available through either
customization, added field, report writer, or through a third party add-on
product (50% point value awarded).
Based on this methodology,
we calculated the ASA Power Rating for all 95 products. Here's how the
products stack up:
here to see the ASA Power Ratings in a table format.
Click here to see the ASA Power Ratings displayed in chart format
Click here to purchase the detailed
report which profiles all 350 features for all 94 products for just $95.
Please remember, there is a
great deal more to selecting a product than just looking at the product
features. The company behind the product must be financially strong. The
product code must be stable. The reseller is the most important
ingredient to a successful implementation. The ASA power rating
described above concentrates only on core accounting software modules
while advanced solutions and industry specific solutions such as
manufacturing, non-profit accounting, CRM, supply chain, point-of-sale,
e-commerce and more have been totally left out of the calculation.
Please keep this in mind. Thank you.
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