Signs that your Business Has Outgrown QuickBooks
QuickBooks is a popular accounting software, which is specifically designed for small and medium-sized businesses.
QuickBooks are the preferred instruments of choice of many start-ups for their accounting needs as they tend to be user-friendly and less costly. There is a good chance that while reading this article, you might be using a QuickBook. But what would you do if you realize that your business has outgrown the features that are offered by the Quickbook, it is limiting the functions that you now need and is a roadblock in the success of your company. Many high-level companies require advanced features that Quickbook is unable to offer. SAP Business One (SAP B1) is an ERP software that provides advance features to help companies in this rising environment. Firms can streamline their accounting processes and improve efficiency with the help of SAP B1.
Let us see a few points where we can analyze the ways you can use to assess whether your business needs a new ERP software like SAP Business One
- Integration Issues Leading to Reduction of Visibility: QuickBooks’ performance on integration with third-party software and the database throws an awkward scenario. You will be aghast at the results and would think of shifting your accounting operations to a class ERP software like SAP Business One.
- Personnel Issues: If your business is on the rage and growing, you need to know that the maximum number of concurrent users supported by Quickbook is 30. So if you are in process of hiring more staff Quickbook can serve as a limitation. Switching to SAP Business One can be a good option.
- Data Volume Limitations: As a growing business uses more and more data, using Quickbook can limit your capacity as Quickbook can get bogged down with the higher volume of data. SAP Business One can withstand and further utilize high volumes of data by giving you suggestions on improving the processes
- Lack of Customization: Quickbook are not customizable, they have a one size fits all approach, which can cause serious issues as every business has its own set of needs and requirements, working on Quickbook can cause operational issues, and upgrading to SAP Business One is a much better option which offers specialized features like customization and solves your operational challenges.
- Low-Quality Reporting: If you need reports regarding your industry and some specific to your own company, Quickbook can’t be a good solution. SAP Business One offers customized reports and detailed ones which can help you in making informed decisions.
SoftCore Solutions is an SAP Business One Partner in Indore and has been in the ERP software sector for the last 20 years. We have helped numerous small and medium enterprises with the implementation of SAP Business One which is a world-class ERP software that helps in streamlining and integrating various processes and thereby improving the performance and profitability of the company.