Finance Articles

Alternative to Accounting Software Licensing - Open Source VS Commercial

For commercial company with development team to integrate financial solution into their existing system, open source accounting or accounting software with royalty free source code.

For open source accounting, it is the best way to integrate your existing open source projects, though you might need a very strong team of peoples to enhance the features. Lack of many commercial oriented features and user friendliness is the biggest problem of open source.

When the company has a lots of development resources (Big team of programmers), and dedicated to a focus industry, it is always better and cheaper to utilize open source and create their own proprietary software. This is not to say small company cannot benefit from open source, but they must be very focus on a specific area, and be able to extend the open source project to cover every aspect in that area.

When we turn to commercial solution, everything is different. Instead of employing lots of programmers for development, we can always outsource the tools to other vendors. Such tools might include: 1. Reporting tools 2. Distribution tools (setup, installer compiler) 3. Online Analytic and Processing (OLAP) analysis tools 4. Accounting source code (Require by every business related software) 5. Many other?

Commercial solution is always the best in term of features and time saving, but they cost a lot in the initial investment, including the time and money use to review and purchase of tools, and how to integrate various different tools into position.

Time and efficiency is always the key to commercial products; any products that fail to deliver in time will not survive competition in commercial environment.

For System Integrator or Business Software Company, I would highly recommend going for commercial solution, unless your company is full of development resources.

By spending a little bit of money and you will save a lots of time in development, hence shorten your system delivery time to market. One big concern from developer is the ease of integration between existing system and other system. Traditionally accounting software will provide import/export function in their software, and the integration is very strict forward: Just import and export, while this might not be very nice, because: 1. Time to import / export is always slower compare to integrated system 2. Time to integrate though is not long, but will not be as easy as Cynics Accounting (I will introduce later). 3. Interface and feels is 2 separate systems, decrease the value of whole solution.

Cynics accounting provides easy integration with "integration stored procedure" ready. There are many commercial source codes available around, but only Cynics Software provides plug-in architecture in the solution.

Customer may want to try the GL source code before purchasing the complete accounting. It is pricing at low with full source code available and ready to integrate with any commercial system.

Check out what we offer: http://www.cynics-soft.com

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