Directors' Briefings

Software use and your legal liabilities (IT 29)

Danger to your business

Computer software is a central part of many businesses’ operations. But its increased importance brings new risks. Fraud, viruses, legal challenges and simple mistakes can all have catastrophic effects on your profitability.

An effective software policy is essential, even for small businesses. This briefing outlines:

• Why you need a policy.
• How to draw up a policy to minimise your legal and commercial risks.
• How to purchase and control software.
• How to implement your policy.

• Read full document (PDF)

Choosing accounting software (IT 2)

Smarter accounts

Choose the right accounting software package and you will save time and money, make fewer mistakes, and obtain useful management information.

The most recent breakthrough has been in making the software easier to use - you no longer have to understand book-keeping.

This briefing explains some of the key issues to consider before you make a purchase:

• The benefits of computerising your accounts.
• How to establish the basic accounting needs of your business.
• What level of software to choose.
• What costs are involved.

This briefing should be read alongside Using accounting software, IT 3, which explains how you use accounting software to run a business.

• Read full document (PDF)