Choosing the Best Software for your Business

September 20, 2016 8:00 am

Finding the right software is critical to any successful business. It could mean increased profit, lower expenses and running a smooth business operation; or it could mean just the opposite. M&H Consulting is often asked about choosing the right software for businesses. Regardless of the type of software your business needs, taking time to consider a few simple points can make all the difference between choosing the right software and wasting money on the wrong solution. Call M&H Consulting to discuss the right software for your business needs. Until then, here are a few suggestions about how to go about choosing software.

 

  • Evaluate Needs – Exactly what needs is the new software going to meet? There are thousands of software options out there so knowing exactly what your company needs is important to choosing the right kind. But how do you determine what the “right” software is? How do you choose the program that will best meet your needs and help your business run smoothly? First make a list of the challenges you’d like the software to address and separate it into two categories; Needs and Wants. Your needs should be short and absolutely necessary to the running of your company. The wants list should be broader and include some wishlist items. 
  • Budget – After you have evaluated what your needs and wants are, continue to do your homework by setting a realistic budget for the software you are looking for. 
  • Security – Evaluate the security of your new software. Make sure the software you invest in, and the company that provides it, has a reputation for security. Research what kinds of breaches and hacks the company has had and how their software rate according to other companies. 
  • Organize – Take all the information you have gathered and make some sort of evaluation sheet that includes items such as: approximate price, ratings, security, and speciality needs. Once you complete this part of the process you may find that you can immediately cross a few options off your list as they may be way over budget, or possibly do not rank high in security or internal needs. From here you can create a list of finalists and possibly get a demo version of the software to try out before making your final decision.

If this all seems like a time consuming process, you may be right. M&H Consulting has years of experience helping companies choose the right software for their needs and budget. Call us for a consult today.

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