The Hidden Cost of QuickBooks”
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.
But if your business has moved beyond the entry-level, your
organization may be facing several 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 to make the move? Which
options should you consider? What are the hidden costs of
waiting? How can you measure the costs against the benefits?