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How to Buy Software for Your Business

It’s easy to get overwhelmed when it comes to software selection, but don’t worry. Here are four easy steps you can take to find the right software and feel confident in your decision.

Step 1: Identify Your Problems

Have discussions with your staff to identify the source of the existing issues. Instead of concentrating on the signs, dive further into the discussion and find the root problem. Examine your current software and speak to your colleagues about any problems you’re experiencing with it. Check with others in your network and/or business to see if they’re having similar problems.

Step 2: Define Your Software Requirements

Features, number of customers, ease of use, integrations, growth opportunities, and pricing – these are all major determinants. Knowing what you want to get out of the apps you use will help you narrow down your options and make the best decision for your business.

Speak with your staff to see what customers would really need. You can also look at the additional capabilities offered by one or two leading software providers. Compare them against other apps you’re considering to see which features you absolutely need and which are merely good additions.

Step 3: Identify and Shortlist Your Options

The next step in your software quest is to compile a comprehensive list of all solutions that meet your requirements. Once you’ve compiled a lengthy software list, it’s time to reduce it to a manageable shortlist of viable alternatives. The list can preferably include three to seven products, any more than that, and the selection process risks being unnecessarily lengthy and complicated.

Step 4: Buy Your New Software

Before you purchase your new software, there are a few points to keep in mind:

  • Be sure you’ve negotiated the terms of your deal with the manufacturer ahead of time.
  • Find out how the company qualifies for any offers.
  • Discuss payment options and inquire about discounts if you pay annually rather than monthly.

Once this is done, you can go ahead and sign up for the software. Make sure you do a review every few months to know if the solution is working out for your business.