Key Factors in Evaluating Software Investment
Software investments continue to be featured in the budgets of small- and medium-sized practices (SMPs). For 2019, 28% of SMPs that responded to the IFAC Global SMP Survey are committed to invest 10% or more of their firm’s practice revenue on technology. Out of the 28%, 6% will commit more than 20% of their revenue to updating their firm’s technology. This highlights the importance of updated and optimized technology solutions to enable the global SMP community to stay ahead of the curve.