Sunday, February 22, 2009

How to choose small business software: the latest offerings

What are the biggest practice software providers up to product-wise, and what will they do to improve the working lives of smaller practices over the next 12 months? We asked Sage, Iris, Digita and CCH to update you with their latest offerings, and plans for the future

SAGE

This year sees Sage Accountants’ Division continue to put much effort and investment into the Sage Practice Suite, focusing on compliance, usability and integration.

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Compliance is a focal point at present for both tax and accounts production. Sage has introduced the new Taxation Suite for 2009 and is actively working on compliance changes in accounts production including requirements for IFRS and XBRL.

Sage continues to work closely with HMRC and Companies House to ensure that their software solutions provide validated and compliant outputs.

Additionally, as more practitioners move to online filing for the first time, Sage has launched Sage Instant Taxation, which aims to enable practices with up to 100 clients to complete and electronically file all SA100 tax returns – dramatically reducing errors and ensuring consistent filing.

Later in the year, Sage will launch an updated practice solution, which will include new features in response to customer demand for improved reporting functionality. Also responding to changes in the market, Sage will be introducing a highly functional and user friendly group consolidation module as part of Sage Accounts Production Advanced. This module will use up to date technologies which will become more prevalent in future iterations of all of Practice Suite modules. Furthermore, Sage will continue to enhance integration between all of the Practice Suite modules and also the Sage 50 Suite, enabling accountants to work closely with their clients and their data.

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