If your business has outgrown QuickBooks Desktop, the natural instinct may be to move to QuickBooks Online (QBO). After all, it’s cloud-based, offers remote access, and promises a more modern solution. However, before making the jump, it’s essential to understand that QuickBooks Online may not be the best fit for your growing business.
While QuickBooks Online offers some great features, it falls short in meeting the needs of businesses with more complex accounting structures. In this article, we’ll explain why QBO may not be the ideal solution and why Gravity Software is the better alternative for growing businesses.
Why QuickBooks Online isn't enough for growing businesses
1. Limited multi-entity accounting capabilities
Managing multiple entities, locations, or subsidiaries is a common challenge for growing businesses. Unfortunately, QBO doesn’t provide the robust multi-entity features that your business needs. Consolidating financial data across entities or creating reports for multiple locations can be time-consuming and prone to errors.
Gravity Software makes multi-entity accounting easy with automatic financial consolidations, intercompany transactions, and comprehensive reporting capabilities that grow with your business.
2. Basic reporting and limited customization
QuickBooks Online’s reporting features are fairly basic, making it difficult to analyze financial data in ways that provide deep business insights. Customizing reports to suit your needs can be frustrating, and the built-in tools are limited when it comes to multi-dimensional analysis.
Gravity Software, however, offers powerful dimensional reporting with the ability to create custom financial reports. With integrated Microsoft Power BI, you can access real-time dashboards that give you a clearer view of your business’s financial health.
3. Integration challenges
As your business grows, it’s important that your accounting system integrates smoothly with other business software, such as CRM systems, expense management, and banking platforms. QBO has some integration options, but they’re limited, often requiring extra steps and workarounds to sync data.
Gravity Software integrates seamlessly with a wide range of systems, including your job costing, time and billing, inventory, and more, allowing for smoother operations and less manual data entry.
4. Security and compliance
For businesses operating in regulated industries, security and compliance are non-negotiable. While QBO offers basic security features, it may not meet the more stringent requirements that your business needs.
Built on the Microsoft Power Platform, Gravity Software ensures enterprise-level security, including field-level access control, role-based permissions, and data encryption. This makes it ideal for businesses handling sensitive information.
5. Scalability limitations
QuickBooks Online is a great option for small businesses, but as your company grows, you’ll likely find that it doesn’t scale with your needs. You may find yourself constantly upgrading to higher-tier plans to access more features, which can get expensive and still not meet all your needs.
Gravity Software offers scalable solutions for growing businesses, providing advanced features at an affordable price point. Whether you’re managing multiple entities, handling advanced reporting, or automating workflows, Gravity can handle it.
Gravity Software: A smarter alternative to QuickBooks Online
If you’re looking for a cloud-based solution that supports multi-entity accounting, advanced reporting, and seamless integrations, Gravity Software is your best option. Here’s why:
- Multi-entity accounting: Effortlessly manage multiple entities, locations, or profit centers with automatic financial consolidation and intercompany transactions.
- Advanced financial reporting: Create customized, real-time reports using Power BI integration, allowing you to analyze data across various business dimensions.
- Seamless integrations: Gravity connects with your banking, CRM, job costing, shop management, and time and billing system, providing a unified solution for your business.
- Cloud-based flexibility: Access your financial data from anywhere with a truly cloud-based solution, without the hassle of managing software updates or IT infrastructure.
- Security & compliance: Gravity Software is built on Microsoft’s secure platform, ensuring your data is safe and compliant with industry regulations.
Why settle for QBO when you can have Gravity Software
If you're ready to leave QuickBooks Desktop and QuickBooks Online behind, Gravity Software offers a solution built for businesses that need more than basic accounting. With its multi-entity capabilities, advanced reporting, and seamless integrations, Gravity Software provides the tools you need to grow your business and streamline your financial operations.
Don’t settle for less when you can have the best. Schedule a demo today and see how Gravity Software can simplify your accounting and help you scale your business efficiently.
Gravity Software
Better. Smarter. Accounting.
