5 Quickbooks Problems That Can Be Solved with Cloud ERP

QuickBooks is a great accounting solution for small businesses and start-ups, but it wasn’t designed to serve the needs of growing organizations. As a result, if you’ve been using QuickBooks as your business has grown, you begin experiencing some of these challenges:

  1. Technology Concerns that are Distracting You from Doing Business – Whether it’s avoiding upgrades because you can’t afford to deal with the disruption to your business or a constant concern over data security, server failures, malware, and faulty backups, an aging QuickBooks solution can cause quite a distraction for your day-to-day business.
  2. Causing you to Lose Sales – There are several ways that an outdated QuickBooks system can hinder or even prevent sales, especially with the ways that buying behavior is changing that the increasing demands this is putting on businesses and their systems.
  3. More and More of your Accounting is Happening Outside of the System – The limitations of QuickBooks often cause users to look to other systems and solutions to manage accounting activities.
  4. You Can’t Get Access to Real-Time Data – If data is managed in multiple spreadsheets, the information in them is not real-time and can’t be accessed on-demand. You can’t get visibility across your organization if your data is in multiple systems and if your system freezes, then your data freezes too.
  5. Collaboration Doesn’t Happen – With QuickBooks, you lack access to analytics, clear audit trails, and customer data, keeping your communications disjointed and damaging your ability to capitalize on new opportunities.

If you are facing any of these QuickBooks-related challenges, there is hope that doesn’t require you to invest in a massive hardware infrastructure or dedicate IT staff to supporting your financial management solution.

A modern Cloud ERP solution, like NetSuite, gives you all of the functionality and flexibility you need to grow your business without the burden or up-front investment of a traditional ERP system.

  1. Because it is located in the cloud, a NetSuite system has guaranteed security and stability, updates are handled for you, and you can confidently focus on your business instead of your business systems.
  2. NetSuite includes CRM functionality that is tied to financial information, making it easy for you to spot new sales opportunities quickly, provide exceptional service, and please your customers.
  3. With a complete portfolio of financial management functionality, NetSuite keeps all of your data in a single system which results in better reporting, analysis and decision making.
  4. As a cloud solution, NetSuite is always on, available anywhere, anytime. Because all of your critical business data is in a single solution, it is all securely accessible and visible in real-time.
  5. Connecting all areas of your business in a single solution, like NetSuite, makes collaborating across teams and departments automatic and assists with the data accuracy necessary to grow your business and comply with regulations.

Learn more in this eBook: Five Signs QuickBooks is Failing Your Business

By Socius, an Ohio Cloud ERP partner (www.cloudtechnology.com)

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