Big corporations have armies of accountants that provide information on things like inventory management, order status, and other items that are vital to your business. But most cannabis producers got into this business to avoid such environments. Yet, the need remains, and this information is especially vital for every-dollar-counts startups.
A program like Trellis incorporates both your need for information and your need for flexibility. It has an easy to use platform that’s specifically designed for the cannabis production industry, and all the associated compliance and production issues.
Before you sign on the dotted line, here are a few issues to consider.
Accessibility
As accounting and almost all other businesses move online, cloud compatibility is absolutely non-negotiable. Moreover, the internet version should not just be a scaled-back version of the desktop software. To meet this demand, many newer vendors, such as Zoho and FreshBooks, do not even offer desktop versions, and most of the better-established brands are pushing their customers toward web-based subscription services.
Size Matters
Sole proprietorships probably do not even need accounting software as such. Instead, freelancers and others probably just need a good software program that sends invoices, monitors expenses, and generates reports.
Larger businesses need a program with advanced features like double accounting, project management, payroll, analytics, and other such functions. Many programs offer customizable add-ons, so you only need to get what you need. Some programs also offer an accountant access portal, which is a nice time-saving feature.
Ease of Use
The accounting software should seamlessly link with your online bank account and other frequently-used accounts, such as PayPal. It should also have a good email function for sending checks and invoices, as well as compatibility with Microsoft Office or other frequently-used programs.
Be sure and think ahead. As your business grows or shrinks, your accounting software should be able to change with it.
The Learning Curve
Every vendor claims its product is “easy to use,” and for the most part, these claims are true. But any accounting software worth its salt will take some time to learn. If not, it is probably not suitable for anything other than small sole proprietorships.
Before purchasing, pay close attention to online and other reviews. Also, take advantage of any free trial offers and try it out for yourself before making a commitment.
Customer Support
This element begins with things like onscreen reminders and prompts. Too many can be annoying, and too few can be extremely frustrating. Moreover, the most reliable and robust software occasionally has issues. When they occur, it’s nice to have a personal contact, such as a regional sales manager, who can help you get to the right place. Online user reviews are very helpful here as well.
Scalability
Most vendors offer single user plus accountant access. How easy (and expensive) is it to add additional users?
Cannabis businesses fill a tremendous void, and your customers are truly counting on you. The best software system is one that will not let them down, and enables you to make a healthy profit in the process.
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