For any relationship, breaking up is hard to do. While you can conjure any song lyric to fit, the truth is it’s often very difficult to let go of something that has worked so well for you in the past. For years, QuickBooks™ has served as the hub for your business management and operational needs, and sometimes it can be difficult to make a change, but out of change comes growth.
Looking back, it might seem like forever that QuickBooks has been the go-to accounting software for your business. We’re talking everything under the sun, including, but not limited to…
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Tracking inventory & business finances.
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Managing customer accounts.
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Creating forms and storing precious data on vendors, customers and other contacts.
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Producing periodic and timely reports.
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And much more.
Take a step back and evaluate your business systems. Is your business growing fast? Do you need more features, security and functionality than your current entry level accounting software can provide? Are you able to have a clear view on all your lines of businesses? Bottom line, is QuickBooks still able to help your business grow? Or, is it doing just enough to barely get by? If yes, it’s time for that breakup.
The following are your top five signs that it’s time to part ways, get out of Dodge, or otherwise, upgrade from QuickBooks.
- Lack of Financial Accountability
Full audit trails, timely and accurate reporting, double-entry accounting and automation are a must, no matter the size of your business. If you’re growing, you need these features to stay in the game. If your audit trail looks more like bread crumbs disappearing in the forest, if those reports are taking weeks, not hours, to complete, and if you’re far from automated, it’s time to make a change.
- Insufficient Transaction Capability
As your company gets bigger, you have more of everything: inventory, vendors, customers and customer requirements. If you’re experiencing any of the following…
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difficulty updating customer information,
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tracking inventory is turning into a week-long event with no sign of accuracy,
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you’re sending a barrage of emails and making numerous phone calls to track down an invoice,
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then QuickBooks isn’t getting the job done. These are recurring operations and tasks that need to be completed in a timely manner. Speed counts as much as accuracy and precision; and if basic operational functions feel like getting your teeth pulled, you’re being held back by an insufficient financial system.
- You’re Lost in the Crowd
Every business is different, and you want to be noticed. The best accounting solution is one that tailors itself to your needs, not the other way around. That one-of-a-kind status cannot be accomplished without a viable cloud-based system that helps create advantages where your competition is lacking. With the right cloud-based solution, you can…
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Streamline your operations, which in part, translates into better customer service with faster, concise answers.
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Cultivate a true relationship with your customers, far beyond their name and last order date. You’ll have the opportunity to anticipate what they want before they ask.
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Customize your information pipeline, and eliminate data entry redundancies and other inefficiencies.
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Realize a larger profit and ROI. With a cloud-based solution on one database, one platform can save you from expensive infrastructure and operational time and costs.
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- Stagnant Productivity
To provide the best product or service, and give your business the chance to grow, you need to ensure everyone is in sync when it comes to sales tracking, order history, follow-up, customer relationships, and inventory. If access to relevant data has become more of an obstacle course and less of a simple procedure, it’s time for an upgrade.
- Information Security
If worrying about insufficient security features is a regular occurrence, it’s definitely time for a change. You need 24/7 peace of mind that your data is secure without having to bring in your IT guru to fix that headache of a glitch, or install an overdue upgrade, it’s time to consider an upgrade to a cloud solution.
When it comes to a cloud-based accounting solution, consider Gravity Software® (Gravity). Built on the Microsoft Power Platform (aka Dynamics 365), Gravity is structured to help manage and efficiently operate your business. Gravity’s robust accounting software can help your business reduce those dreaded overhead costs while increasing operational efficiencies across the board. What a way to save and grow at the same time! Want to learn more? Schedule an online demo or try out our FREE 30-Day Trial.
Gravity Software
Better. Smarter. Accounting.
