Is Your Accounting Software Simple Or Simplistic?
Accounting is the finger on the pulse of the business, keeping track of the numbers and transactions, paying the employees and the bills, and clarifying the cash flow. Software for retail accounting should be simple to use but it cannot be simplistic.
Simple vs Simplistic Software
Simple software is not complicated to use even when it does complicated things. It solves the problems encountered in the real life of commerce by providing tools to do the necessary processes. Simple software is user-friendly, professionally supported, and can be adapted to specific situations because it is capable of handling the full range of detail. This range goes from the overall perspective of the entire enterprise to the smallest detail of a single transaction.
Simplistic software, on the other hand, is only capable of doing a few things well. It skims over complications to provide the most common answers. This reduction of detail is similar to rounding numbers to the nearest whole dollar amount when you need to know decimals and cents. Those detailed factors cannot be ignored if accounting is to be accurate. The ways a software can be simplistic may vary but the result is always a loss of detailed accuracy. And accounting must be accurate down to the smallest detail or it fails its purpose.
The accounting software that is part of ChainDrive’s Integrated Retail Management solution is not simplistic. Because all data is stored in a secure, centralized location, information can be accessed in the scope needed for the job. An overview of the month’s transactions for an entire chain or even multiple companies can be examined closer to see a single store or even a single transaction.
But even though ChainDrive Accounting software performs complicated tasks like rules-based commissions and incentives integrating with the payroll service, it is simple to use. Tasks like bank reconciliation, cash audits, and more can be automated so that human error is reduced. Centralizing lease management and rent invoicing render this once-burdensome task simple as well. The tri-dimensional GL structure provides accountability precisely whether the information is filtered by department, store, or account.
The structure of ChainDrive’s platform creates a streamlined usability that is anything but simplistic. ChainDrive Accounting is software that is simple in the best way possible.