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Accounting Software- A Business Model

Accounting Software- A Business Model

For those who own their own businesses, I don’t have to remind you how nice it is (or would be) to be in control of your accounting and operating software. Too many times businesses are at risk of disruption when a software product is changed (“upgraded”) or, worse yet, becomes unsupported or even obsolete.

If your business has several software products that are dependent on each other, be careful to only accept upgrades when you have been assured of, and understand, the effects the changes will have on your other products.

Starting a new business? Try to be in control of as much of your software as possible.

If you are in a business or want to start a business that provides software solutions to other businesses, take heed… the above cautions are very real; preventing them can put you in a nice position to build a very successful client base with considerable mutual respect!

Consider a business plan that has worked well for us since 1983 as a provider of software solutions.
We develop software so that our clients can-

• Eliminate as many 3rd party software vendors as possible.
• Eliminate interfaces to other accounting systems.
• Be able to make any changes they desire without fear that the next release of
another software product will render their changes useless.
• Ensure that their end users don't have to know several different procedures for data
entry, reporting, sending files to taxing agencies, monthly and yearly updates, etc.
• Eliminate the need to outsource Payroll and other bookkeeping functions.
• Eliminate double and triple entry in to separate software packages.

We develop software for those who develop software systems for other industries so that-

• The general accounting function is always the same, consistent, easy to teach and learn.
• They can make the system fit any application and provide all the accounting functions
that save the end user money and time, or
• They can add new modules for unique solutions, and not have to reinvent an accounting
system or have to interface to a third party system.
• They can own the source code for accounting, invoicing, job cost, agriculture,
estimating, scheduling, dispatching, etc. and make the system fit any application while
still providing all the general accounting functions.

Whether you bring software development/maintenance in-house or develop software solutions for others, owning the source code can be most beneficial. Be certain that the source code is based on a popular database that is easy to learn. For in-house use, check to see that it is easy to find someone to hire who can maintain the system, or that there is a local developer who can make the changes you desire.

Maintenance of your own database also involves understanding and maintaining the database servers for multi-user systems.

Taking control of your accounting and operating software can take some time and effort up front, but can provide long periods of having just what you need with no danger of being disrupted by outside sources. With our older DOS based systems we still get calls from clients who haven’t contacted us in well over 12 years who want a small change. It should be everyone’s hope that their software provides well for them with as little attention, but more importantly, that they can make the changes they desire when they need them.

Next article: Software Developers- Maintain one database system containing general accounting for all applications and each of your clients’ unique applications.





Accounting Software A Business Model - To learn more about this author, visit Dick Landrum's Website.

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Dick Landrum
(Visit Dick's Website) Dick Landrum worked for EDS from 1977 to 1983 developing business accounting and information systems on mini & micro computers. In 1982 Landrum Software was created to develop business systems for the new personal computer. We have been providing business software since 1983. With clients from small to medium size businesses in a wide variety of industries, including contracting, service, mail order, manufacturing, agriculture and retail, we have provided installation, training, support and customization. We have specialized in providing ongoing support and service. Through the years we have taken many of our customers from single site offices to multi-state organizations, always playing an integral role in their success. We are now offering the source code to our business accounting software to other software companies and private businesses so that they may experience the same level of control that we have always enjoyed. Our philosophy has always been to provide as much of the software solution to our customers as possible. This gives them consistency in data entry, printing, and reporting, and protects them against aggravating upgrades and obsolescence.

Dick Landrum is a Bronze author on EvanCarmichael.com
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