Has your business outgrown QuickBooks?


There comes a point in the lifecycle of any business when it’s time to expand, evolve and grow. Many of the businesses that our Microsoft approved partners deal with are experiencing the warning signs that it’s time for their software to grow with them.

In a recent article on the Dynamics 365 blog, Microsoft explored how small and medium businesses that use QuickBooks accounting software can recognise when they’ve outgrown it.

We take a look at some of the signs that your accounting system is lacking the functionality you need to grow.

Is your system outdated?

If you’re experiencing any of the following, you probably need to upgrade your system to a more flexible, intuitive, and robust solution.

  • Additional headcount doesn’t resolve manual data entry errors and timely invoicing
  • There are still gaps in information, despite generating more frequent and complex reports
  • Incomplete information is adversely affecting sales and customer satisfaction
  • Inability to access business data from anywhere at any time
  • Switching between incompatible applications and systems

What are the costs of outdated technology?

There are some essential functions that growing businesses require; integrating processes, streamlining and possibly automating functions, as well as improving the visibility of data across the whole business.

The cracks will start to show in the efficiency of your business if your software is unable to focus on these elements, which is likely to have a knock-on effect in relation to clients and customers.

In fact, 90 percent of consumers said they would consider taking their business elsewhere rather than work with a company that uses outdated technology.

QuickBooks shortcomings

QuickBooks is a great entry-level solution for businesses in the early stages of their existence, but as a company grows they evolve beyond its capabilities.

Multiple disparate solutions might be able to patch some of the issues but these disconnected platforms create an IT network that quickly becomes unwieldy and incapable of cross communicating.

A solution in the cloud

Cloud-based accounting software

Cloud technologies like Microsoft Dynamics 365 and Microsoft Dynamic NAV are now a lot more accessible to SMBs.

A one-point cloud solution can quickly pull together everything you need in one place. It can also lower IT costs, providing the flexibility to grow and helping your team deliver a positive customer experience.

Access to accurate data and easier reporting also allows teams to make better decisions, streamline processes, and communicate more effectively. All without the need to switch between applications.

 

If you’re currently using QuickBooks and you feel that it’s outgrown your needs as a business, we’ll find the Microsoft Dynamics partner that’s best placed to offer you a solution that can grow with your business.

Get in touch today and we’ll help you find the perfect partner.


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