Navigating the Transition from Exchequer ERP: Challenges and Alternatives
Rising Costs and Development Stagnation
Yes, One Advanced/ Exchequer has increased its fees for the Exchequer ERP software. Reports from clients indicate that the company has significantly raised the price for support after deciding to discontinue further development of the Exchequer software. Concerned customers have told us that there is a take it or leave approach when contacting their direct accounts managers and the only way that you can get a discount is by signing in to a multiyear deal for a product that will no longer receive any meaningful development. Exchequer was, and still is a good platform, particularly for management accounts, stock and reporting. But now it is showing its age, with limited integrations or inbuilt access to web platforms. Competitors such as Xero, QuickBooks and SAP Business One have added much more functionality to their offerings
Customer Frustration and Competitive Landscape
This could all be seen as a method to move all their existing customer base onto their cloud offering, as indicated by an article on Accountingweb in 2019. It was said to be an easing in for a “gentle transition” but clients we have been in contact with are indicating it is anything but that. With price hike is double than the year before, is hard to see where this investment is going with any further developments. Even One Advanced, the cloud version, has not seen any major improvements for quite some time and there are still areas which have been locked down, such as exchange rates and costing methods.
Exploring Alternatives to One Advanced and Free Consultancy Offer
We are now talking to concerned customers about moving away from the platform and we have a variety of options for companies depending on their business model. For any that have specific needs, or are international in scope, then we are able to go to source direct to market to find s solution that is suitable. For companies we have been dealing with we have been able to find solutions with more functionality, greater integration easier to use and usually at under half the price. We offer a free 2 consultancy for any company that may be looking at what options that are available. Please use the contact us form below with summary of the issues that need to addressed and we will get back to you to arrange an on-line meeting at your convenience.
About the Author
Malcolm Ford had over 15 year experience in migrating ERP software for over 100 companies across the UK, Ireland and US. In our specialises in automated warehousing and manufacturing.
