Partner Article

financial software

What Kind of Training is Needed on New Financial Software?

It’s always exciting when you’ve made the choice to go ahead and install cutting-edge technology in your business that is meant to streamline everyday activities, and allow staff to be more effective. However on the flip side of the excitement businesses can sometimes shy away from installing new investment management software and financial software simply because they are unsure about the down time that will happen during training.

We’re here to dispel a few myths regarding the training period, which will hopefully allow you to make a more informed decision that isn’t based on “what if”.

Is Training Needed?

No matter how user-friendly the investment management software, financial software, and/or asset management software is, there will be training that is needed. But think of it this way, no matter what software you install you’ll need some sort of training. You just can’t get around it. So if you’d rather shop around for that software that claims “no training necessary”, you’ll end up coming up empty-handed.

Will I Be Responsible for Training My Staff?

Another common question from business owners is if they will be the one that will be responsible for training the staff. Just because you run a business doesn’t mean you know how to work various software packages, so with that said you can look for a company that provides a complete solution. By complete solution we mean one that not only offers the software your company needs, installs it, and also offers professional training. This may be included in your pricing, it’s best to ask ahead of time so you don’t have surprises down the road.

How Long Will We Suffer “Down Time”?

What’s great is that if you’ve decided to use a professional software company to do the entire job, then there’s a good chance you’ll have little to no down time. They know exactly what is required, how to get it done, and how to do it with the least interruption to your staff and the everyday activities of your business. They can work with you to pick the best time to change over to the new software as well.

What Happens When New Staff is Added?

Every business has turnover of some sort, so eventually you’ll have a new staff member, or multiple new members, that need training. Again, this is when you can go to your software provider and ask for training of the new employees, provided you have chosen a company that offers a complete solution to your needs.

CYMBA Technologies is the premier business that services the investment management sector by providing a variety of business solutions to them. It offers a front office platform that is complete and versatile. For more information on CYMBA Technologies please visit www.cymba-tech.com, email info@cymba-tech.com, or call +44 (0) 870 067 5379.

This was posted in Bdaily's Members' News section by Karim Ali .