Many financial institutions are faced with a choice over which software packages to implement. One such challenge relates to choosing accounting software and savings and loan tracking software. More specifically the challenge relates to whether a fully integrated package that can handle both areas at once is a preferable option to implementing two separate packages that are seamlessly interfaced.

Norman Arsenault points to the virtues of the separate package approach, stressing advantages in the areas of fuller-features, ease of implementation and better management, amongst others. Conversely, Signis Aliks argues the case for the fully integrated package, suggesting more consistent data, easier support and maintenance and ease of upgrade as some of the key advantages. The download highlights the main arguments made from a lively debate posted on Devfinance.

Arsenault, N. and Aliks, S.
accounting software: integrated or separate packages?
English (en)
Management Information Systems (Mis), Cost Accounting