When your business is starting out, QuickBooks is a great solution to manage your accounting needs. It’s simple, easy to use and doesn’t require any significant knowledge of accounting. As your business grows, you increase the number of customers you have, the amount of transactions you’re processing, and the number of users that need to access the system. Once your data reaches a certain level, your system starts to slow down and efficiency of day-to-day tasks begins to decline. On top of that, you’re likely using separate systems outside of QuickBooks to manage different areas of your business. Maybe it’s spreadsheets, maybe it’s additional point solutions or maybe you have homegrown systems that you’ve built up over time – the key point is that they’re all distinct and likely don’t talk to each other all that well, if at all.
This is the point where you may start to consider a new solution. There are many different options out there, so here’s the big question you need to answer: Do you stick with QuickBooks for your accounting and add on new loosely integrated systems to handle the rest? Or do you look at a solution that can integrate your entire business into one system and handle the increasing amount of data and complexity that inevitably comes with growing your business? The answer will depend on what specific requirements your business has – now and into the future as you continue to grow.
So, as you’re considering a move from QuickBooks, review this comparison to get a better feel for which system has the features and functionality that make the most sense for your business. And when you’re ready to learn more about SAP Business One, contact us for a free consultation.