Top five must-haves for your new accounting solution
It seems like a lifetime since you first implemented that good ole entry level accounting solution. That’s right: many moons ago, you pulled that software out of the box, implemented and began completing one transaction after another. And it’s been working ever since, …until now. Now that you’re no longer the aspiring new business, or that new kid on the block, your startup is in full-on SMB mode, complete with growing pains. Your business now requires more features, security and functionality than your currently entry level accounting software can provide. You have to ask yourself . . .
Are your reports taking longer to produce? And by the time you get them, is the data five days old?
Do you have to plan upgrades with so many 3rd party providers?
Are you having to stay on an old version because of the cost and time to upgrade?
Are your financials and CRM fully integrated in one database, one platform? Or, are you having difficulty managing all your data in separate islands of information?
Are your financial and customer data safe and secure?
If any of the above sound familiar, then it’s time to start looking around for a new accounting solution. So now that you’re open to the idea, what do you look for? After all, while there are hundreds of accounting software packages, It’s time to do your due diligence.
By now, almost every solution out there is cloud-based, and for a good reason. A cloud-based solution gives you real-time data, better collaboration, while reducing your business overhead costs. What if you could . . .
extract information with just a few clicks?
schedule reports in a timely manner?
enjoy 24/7 access to your information with real-time insights into your operations?
automatically upgrade to new features with no loss of time?
Operating on a good cloud-based solution with the proper security allows you to access data anywhere, at any time, so you’re no longer chained to your desk.
With any growing business, the best accounting solution allows you to scale up or down based on your business needs. In short, you need a solution that lets you go from 3 users to 30 users to 300 users in just one day. If you choose to go to an expensive enterprise application, you might be biting off more than your business can chew, or use. Don’t take an unnecessary plunge into a solution designed for an army of 5,000 employees, especially when you’re running a company of 50.
3. Secured data with controlled accessibility
Operating your business with the knowledge that your data is both properly secure and accessible is no longer a perk, but a necessity. You need to control access to your company’s data to ensure that users cannot see information or create documents that you want them to see. Look for a solution that allows you to control and designate varying levels of security, down to the field attribute level.
4. Intuitive set-up and ease of use
In the same way that the most powerful system isn’t necessarily the best, the best fitting solution is one that is easy to use. When choosing an accounting solution, dig a little to see how easy (or difficult) it is to navigate. Choose a solution that allows you to process transactions in just one screen.
5. An integrated CRM system
Your customer data is the lifeblood of your business, as every customer represents a relationship that goes far beyond just sales and order history. Unless you’re running a business that operates on a customer base of one, you need a system that can efficiently manage and update your customer information. Mobile workers are utilizing a CRM solution for numerous reasons: maintaining client relationships, virtual office, better collaboration, real-time insights, social media, web conferencing and much more. Growing businesses need a CRM solution that scales and allows them to keep up with client demands.
Harness the Power of Gravity Software
When it comes to a cloud-based 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. By implementing a cloud-based solution, you’ll reduce those dreaded overhead costs while increasing operational efficiencies across the board. What a way to save and grow at the same time! Learn more and schedule your online demo today! My business is connected. Is yours?