Outgrowing QuickBooks? Explore Your Options
So you’ve worked hard to build your business, and your QuickBooks solution has given you the tools you’ve needed for accounting and basic business management. However, with growth come the additional demands placed on your accounting system and the needs for a solution that can keep pace with change.
During our recent educational webinar, titled “The Tell Tale Signs You Have Outgrown QuickBooks and What You Can Do About It”, we uncovered some of the signs that may denote it’s time to consider making a switch from QuickBooks. For instance, the following areas are where we commonly see the QuickBooks application stretched thin :
- Decline in Performance Typically, when your QuickBooks files size exceeds 250MB and total transactions exceed 32,000, system performance begins to drastically decline.
- Transactions If your organization processes just a few transactions a day, QuickBooks should continue to meet your business needs. However, larger transaction volumes will slow the system and hamper productivity.
- Reporting Reporting is usually identified as the most problematic area when an organization begins to reach the limits of QuickBooks. Simple reporting functionality within QuickBooks may not provide you with an accurate view of your organization, and often users are left rekeying data to obtain the required level of reporting.
- Users Five tends to be the maximum number of users QuickBooks can handle. If you envision needing to expand your user base, a different solution may be necessary.
Fortunately, growth doesn’t have to be a roadblock to reaping the benefits of robust accounting software. With both on-premise (Microsoft Dynamics GP) and cloud based (NetSuite) alternatives, you can take your business to the next level.
Just as QuickBooks is a leading small business accounting software, Microsoft Dynamics is a market leader for midsize businesses. Dynamics GP helps organizations manage business growth and change with a solution that includes enhanced functionality over QuickBooks, sophisticated reporting and decision making tools that are integrated with Microsoft Office, and a technology foundation designed to handle the workload, user counts and security requirements of mid-size organizations.
What’s more, cloud-based NetSuite offers a suite of systems all in one platform, combining Financials, CRM and e-Commerce on a single database that is accessed through a Web browser. This means no integration necessary, and you obtain greater reliability while eliminating the IT costs associated with software upgrades and hardware maintenance.
If you feel that you may be approaching some of the limits of QuickBooks mentioned above, we encourage you to view the recording of our recent webinar to learn about these and other limitations as well as view first-hand the robust functionality of Microsoft Dynamics GP and NetSuite.
Then, once you’ve determined whether you’re reaching the limits of QuickBooks, we hope you’ll reach out to us. We can help define what software solution is right for your business and ease the transition from QuickBooks.