Smarthouse | ChannelNews| Digital Home     
 
 
 
News sections
Reviews


 
 
FINANCIAL / ACCOUNTING SOFTWARE

  Business Software Updates Crucial Says Attache

By Branko Miletic | Wednesday | 2008-05-21

According to Attaché Software, businesses are being urged to update their accounting software to reduce the risk of business failure resulting from inadequate financial systems.

Click to enlarge
Managing Director, Michael Rich said more than 300,000 Australian and New Zealand businesses are using accounting software they have outgrown resulting in enterprises being deficient of vital information they need to perform their core business activities.

"Our experience has indicated that in many instances financial reports are between four and six months old with inadequate stock and debtors control, poor system security, over-reliance on spreadsheets and too many manual procedures. Accountants' auditing and banks relying on reports is also a potential danger", Rich said.

"Most of these businesses employ more than five staff and often have managers who have never experienced a major downturn, which can make them complacent about their financial systems."

Page: [1] 2 | Next Page

 

Print this article
Email this story to a friend
Link this post:

Link this page to delicious Link this page to Digg Link this page to Furlit Link this page to News Vine Link this page to Reddit Link this page to Spurl Link this page to Yahoo My Web RSS this section

 

 
LATEST REVIEWS
MORE
$799 Medion PC Faster Than Ever Before
At SmartHouse we go through a lot of PC related gear. So when Intel recently...
Review: Nokia N97 Mini
The Nokia N97 Mini is a smartphone that delivers despite its ‘old’ operating system. It...
A Uniden Cordless Phone That's An All In One Office
Thinking about ditching your home or office phone for your mobile? Because I have just...
Advertisment



SMARTHOUSE NEWSLETTER
 

SMARTOFFICE 2010 | Legal | Disclaimer | Terms & Conditions

Level 12 /1 Pacific Hwy, North Sydney, NSW, 2060