Have You Reached the Limits of Quickbooks?
QuickBooks was the best fit for your business when you first started using it, but is it the right choice to drive the next stage of your company’s growth?
With over 3.5 million QuickBook users, you’re not the only one facing this question. Thousands of businesses arrive at similar crossroads every year. Timing is everything: if you replace QuickBooks too early, then you may end up with more software than you need right now. But if you wait too long, you could end up struggling with inefficient business processes that could actively damage your business performance and prospects for future profitability and growth.
At which point do the cost to the business of maintaining QuickBooks-and other systems it required to function – outweigh the benefits of keeping it in place? When is the right time to make the move?
NetSuite has been working for more than 11 years with businesses that have reached the limits of QuickBooks, including thousands of small business owners, finance executives and IT professionals from companies and IT professionals from companies at different phases in their development. While those businesses have been diverse, the critical issues that they faced when reaching the limits of QuickBooks are remarkably similar.
Drawing on the experiences of such companies, and providing real-life case studies, this white paper identifies five recurring themes. It provides you with a list of the business process inefficiencies that you might see reflected in your own business, as well as the tell-tale signs that your business has begun to reach the limits of QuickBooks or perhaps has already outgrown it.
In this white paper, we draw on the real-life stories of SMB and SME businesses that have converted to NetSuite from QuickBooks at critical junctures in their business development. You will find mentions of business process inefficiencies that you might see reflected in your own business: the telltale signs that your business has bumped into the limits of QuickBooks or perhaps, has already outgrown QuickBooks.