Most small businesses begin their financial lives using Intuit’s QuickBooks, which—with more than 80% market share—is by far the best and most popular small business accounting application. It’s well known. It’s easy. It works, and it offers the functionality a business needs when it’s starting out.
But if your business has moved beyond the entry level, your organization may be facing a number of challenges as you hit the limits of QuickBooks’ functionality. QuickBooks simply wasn’t designed to provide professional financial management capabilities to growing organizations with sophisticated, evolving demands that require more and better visibility into financial and operational performance— such as automating key processes, providing anytime, anywhere access, enforcing internal controls, customizing functionality, and integrating with other critical applications.
How do you know when it’s the right time make the move? Which options should you consider? What are the hidden costs of waiting? How can you measure the costs against the benefits?
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