Software can be purchased directly from manufacturers or through third-party resellers. For high-level budgets, companies like Oracle, SAP, or Microsoft are good choices. For smaller budgets, smaller vendors may offer appropriate solutions.

5. Technology:
Choose software built on modern, trending technologies. Avoid older systems to cut costs. It's advisable to select browser-based solutions over outdated desktop applications for flexibility and ease of access.

6. Customization:
Standard products may not be fully customizable if your needs are highly specific. You can either adapt your business flow to the product or hire custom developers to tailor a solution specifically for your business.

7. Data Storage:
Decide between on-premise software and cloud/online systems. On-premise solutions keep all data under your control, while cloud solutions reduce infrastructure costs but come with the risk of data loss if renewal or payment is delayed.

8. Support after sales:
Ongoing support is critical for the long-term success of any software. Low-cost providers may not offer sufficient support over time. Consider working with reputable firms that provide professional support, and negotiate an Annual Maintenance Contract (AMC) when purchasing software.

Ensure the above checklist is followed to make an informed decision. Feel free to reach out for additional advisory services, free of charge.

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