Personalising Finance Software: Why One Size Doesn't Fit All

Single platform for accounting and finance
Browse the cloud based accounting solution designed to suit the needs of demanding organisations.

Powerful reporting & analysis
Easily track financial and non-financial metrics to measure progress against operational and strategic goals.

Full system integration
Works seamlessly with the other software used across your business including - but not limited to - Excel, CRM, and HR.

Budget, cash & expense management
Simplicity, efficiency, and speed with approaches tailored to your organisational needs.

Data security & compliance
The highest levels of security, the sturdiest disaster recovery methods, and 99.99968% availability.

Full suite of financial ledgers
Efficient and cost-effective acquisition, analysis, and presentation of core data on-demand.

Workflow & document management
Store or share documents in the cloud. Access important information, from anywhere.

Track project time & costs
Timesheet management and project costing is simple, searchable and customisable.

Multi-currency / multi-company
Extensive capabilities to support any number of companies & currencies.

Complete inventory control
Highly adaptable inventory mapping for simple management of stock from supply to delivery and invoicing.

Artificial intelligence & automation
Reduce errors whilst automating time-consuming tasks efficiently and without the need for manual input.

Aqilla Smart Docs
A superior way of processing your purchase invoices

It’s no secret that each business around the world has its own unique needs. Although two businesses in the same industry might be using the same software, it will be serving completely different purposes to both of them – this is the beauty of personalisation, and it’s more important than you might think. For example, a charity organisation needs fund-specific accounting, whereas a global company might need multi-currency functionalities However not all software-types on the market have these capabilities. They take a ‘one-size-fits-all’ approach, albeit an outdated one.

If we’re going to tell you about the need for personalisation within your finance software, we should probably start off by telling you about the benefits, right?

Tailored workflows – customised processes to fit the specific needs of your organisation.
Industry specific features – includes tools for niche requirements like project-based accounting or ESG reporting.
Improved adoption rates – software tailored to the individual is more user-friendly, resulting in quicker adoption and increased productivity.
Scalability – personalisation allows businesses to adapt their systems as they grow, adding features and integrations when needed.

Much like with anything else, you need to weigh up the pros and the cons of personalising your finance software, so lets explore some of the reasons why you might be hesitant:

Perceived high costs – many companies presume that personalisation is equal to an investment and worry about hidden or ongoing maintenance costs.
Complex implementation – the fear of lengthy and complicated implementation timelines and disruptions to day-to-day operations.
Uncertainty about ROI – decision-makers can struggle to clearly see the benefits of personalisation for the business.
Scalability concerns – businesses worry that custom solutions may not adapt to their growth or needs. Most likely leaving them with an inflexible system in the future.

Now that we’ve got that out of the way, let’s discuss how personalisation really works…

As mentioned earlier, every business has different needs, and personalisation configures software to align with a businesses workflows, goals and industry needs. You can achieve this through customised dashboards, modular features, seamless integrations with existing systems and tailored user roles – meaning each user will only be able to use tools relevant to them. These ensure a perfect fit for finance software within your organisation.

So, now that you know the basics of why personalisation is so important for your finance software, we’ll reiterate that the ‘one size fits all’ approach is outdated and limiting your business. Personalised finance solutions incorporate into your daily routine at work, optimising operations, reducing inefficiencies and scale effectively. Can you confidently say that your current tools are truly meeting your needs and aligning with your vision for the future?

By business type

By Role