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Business Accounting – A Tragedy

Business owners are a special group. There’s no shortage of problems for the CEO. One of the biggest and most tragic situations I have seen too many times to count over the last 20 years working with CEOs involves getting lured into a “software trap” where a company is held hostage in a place that is debilitating and excessively expensive. Accounting Software and its Hostages It is tragic because businesses become absolutely dependent on an accounting software platform that is expensive, complex, and doesn’t perform as promised or is just operationally ineffectively. And they don’t have the extra capital and fortitude to face another “experience” of doing another conversion so they feel trap

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