For many, closing out the year is filled with drinks, gatherings, and a few resolutions, promising to do better next year. As a business owner, you want to have a fast start into the new year and not have to worry that year-end financial statements are accurately closed out. While others see party favors and champagne on their immediate horizon, your personal GPS forewarns of manual inventory counts and Hail Mary year-end financials, hoping you’re somewhere close to the end zone of accuracy. And you figured, thanks to your slower than molasses accounting software, no Alabama Crimson Tide versus Notre Dame Fighting Irish Rose Bowl game, for you. If only you had a system that didn’t hold you back.
Whether you’re at the helm of an aspiring startup, or expanding to multiple locations, sometimes you’ll find that the best move that you can make when growing, is to look within. That’s right: examine your business systems from the inside-out. Make a list of the features that you can't live without. Features like:
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Real-time insights
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Multi-entity financials
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Accurate inventory counts
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Workflow automations
- Robust financial reporting
If yes, congrats! If no, it’s time to research new technology to help your business grow faster.
As your business grows, so do the number of applications added because your software solution lacks those features. And for added inconvenience, each application comes with its own separate databases to manage. If you’re winding the year down and you foresee Valentine’s Day coming before your year-end financials are finished, then it’s definitely time for a change.
Eliminate operational inefficiencies
Wouldn’t it be great to have an accounting solution that was exactly that, a solution? One that helps propel your business forward by saving time, money and eliminating the operational inefficiencies that rendered your business two-dimensional? Or, would you rather not change and deal with painful scenarios like these?
Delayed operation reports
While Contrary to the name, an Aging Report shouldn’t take forever to produce. And you shouldn’t have to wait a week to get them either. Net Result: When they finally come, the reports are obsolete.
Last minute manual counts
While everyone else is looking forward to the countdown, you’re counting stock, with a pen and a clipboard. Net Result: Time lost and wasted, counts are still inaccurate, and items remain on back order.
Lack of security and accessibility
More often than not, the most commonly reported problem with a growing business is difficulty accessing data in a secure remote environment. Siloed data structures provides no semblance of real-time insights. The Net Result: information is delayed, answers (not just inventory) are on back order, and reports graduate to fossil status.
A real cloud-based accounting solution
If you could only ditch your entry or legacy accounting software which hinders your business growth. When it comes to an accounting solution that can close out the current year and ring in the next one, you naturally want the best, and not just an upgrade to a server to make it cloud-based. I call that the 'fake' cloud. I'm talking about a real cloud-based solution that works for you. One that that is intuitive, scalable and easy to use. So, lets make a toast, and cheers to doing your due diligence and take a look at Gravity Software® (Gravity). Gravity is the only accounting solution built on the Microsoft Power Platform (aka Dynamics 365 CRM) platform. An open platform that hosts over 5 million users worldwide. With Gravity you can . . .
Easily and immediately extract data
Between easy to use templates and personalized dashboards, you're able to slice and dice your data to extract information that is important to you. Net Result: Gain real-time insights and financial reports are timely and reliable.
Share Master Files
With proper security features in place, you can easily share data. Net Result: By sharing master files and allowing access to those who need it, you effectively eliminate siloed data issues and inefficiencies.
Generate fast and reliable consolidated financials
Track and breakdown vendor expenses by location. Now you can compare one location to another, or multiple locations simultaneously, with each entity’s data successfully consolidated. Net Result: You’re able to easily create a proactive analysis over any area of your business.
Capture and analyze critical data
Who wants to wait for a manager to get back to you with answers? Hint: No one. When data is properly and securely consolidated, you can drill-down and get the reports you need. Want to compare vendor pricing between this year and the past three years? Check your dashboard and click. Want to see which customers are taking advantage of your latest deals? No worries. Want to determine if it’s time to restructure those deals for next year? Done. Net Result: Because of fast and easy drill-down capabilities, answers to all those questions (and many more), are right at your fingertips.
Everyday more businesses are transitioning to a cloud based accounting software. With Gravity, your business can operate from anywhere without all the startup costs associated with other accounting applications. Gravity fills the gap between entry level accounting software like QuickBooks and expensive enterprise applications like Sage Intacct. Learn more and schedule your online demo today!
Gravity Software
Better. Smarter. Accounting.
