Searching for optimal software solutions but unsure what to look for or how to find what you need?
Technology has come so far and is advancing at an even faster rate. Modern innovations are reshaping the world, bringing about many new opportunities for everyone.
It’s easy to get so excited about the possibilities that you might end up overspending on software you don’t need. Guilty?
Read on to learn how to find the best technology you need while avoiding the six common software shopping errors as we know them today.
1. Having No Clear Goals for the Purchase
Without clear goals, you may end up spending money on software that does not meet your needs or, worse, does not fit your company’s existing infrastructure.
Of course, defining your goals begins with making a list of your needs. As you check out your options for software, go back to this list and ensure that each need is ticked off at the end of the process.
2. Skipping the Research
Skipping the research is one of the most common software shopping errors businesses make. Take the time to read online reviews, compare features and pricing, and understand the software inside and out before making a purchase.
Just make sure your online sources of information are credible. Remember, there’s a lot of misinformation online.
3. Obsession With Features and Ignoring Functionality
Often, businesses make the mistake of fixating on a software product’s features while ignoring its functionality. However, it’s crucial to consider both when shopping.
A software product may have a lot of features, but if it’s not functional, it won’t help your business achieve its goals. Similarly, the product may be functional, but if it lacks features, it may not be able to meet all of your business’s needs.
4. Failing To Recognize the Total Cost of Ownership
Failing to properly evaluate both the direct and indirect costs of software is one of the biggest mistakes that business owners can make.
Direct costs include the initial purchase price, any licensing fees, and the costs of installation and training. In contrast, indirect costs cover the cost of lost productivity while employees learn the new software and the costs of future upgrades.
If you’re considering Netsuite, check your potential Netsuite expense before shopping.
5. Not Making Product Comparisons
Another common mistake is assuming that all software products are created equal. This simply isn’t the case. There can be significant differences between products, even if they appear similar on the surface.
That’s why it’s important to compare software costs before making a choice.
6. Taking the License Agreement for Granted
It’s common for business software shoppers to take the license agreement for granted. After all, it’s just a bunch of legal mumbo jumbo, right? Wrong.
The license agreement is a legally binding contract between you and the business software provider, and it’s essential to understand what you agree to before you click the “I Agree” button.
Avoid These Common Software Shopping Errors Now
Keep the six items above in mind to avoid making common software shopping errors for your business. Very importantly, don’t rush the purchase; take the time to weigh your options.
This is something you need to do sitting down with a lot of time in your hands. If you find yourself having to scurry for software that you think you need, then some things have to change.
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