If you recognize the telltale signs below, you’ve outgrown QuickBooks.
You hit a wall: You’re frustrating your customers because it takes too long to process orders. Advanced systems are optimized for fast order entry and sales processing increasing productivity and profitability.
Your system is slow or unstable: Legacy databases don’t adapt well to modern hardware – you need software built on SQL, which runs in the AWS platform, is stable, robust and the industry-standard.
Your systems and teams are disconnected: You are trying to maintain data in multiple systems and it’s time-consuming and inaccurate. You require a database that updates in real time and keeps all your data current. Plus, you need real-time inventory and GAAP-compliant accounting across your whole business.
QuickBooks is still generally considered a piece of accounting software for “micro-businesses”. This means that it lacks the full range of options required by many SMBs and growing companies. Some of its worst faults include:
Furthermore, QuickBooks is not very scalable. If you are a business that is growing, has plans to grow, or has already grown – you will find that the architecture of the QuickBooks database is insufficient. When you approach 1000 transactions/month or multiple users accessing the system at the same time, QuickBooks gets slower and slower. In addition, QuickBooks doesn’t have multi-lingual functionality.
Finally, QuickBooks is missing a number of key features that a lot of accountants consider necessary. They have limited options for billing formats, and you will have difficulty billing third parties or different client locations. Also, QuickBooks is pretty terrible at handling inter-company reporting. You also can’t work with deferred revenue or expenses in QuickBooks.
Choosing the Right Technology for Scaling Your Business
Microsoft Dynamics 365 Business Central is helping organizations across industries scale as they grow with a modern approach to cloud-based ERP.
For growth to occur, businesses must be agile and this can only come with end-to-end visibility of their operations. With the use of automation and by integrating operational processes, businesses can achieve the desired level of visibility across their operations, focus on scaling while still delivering outstanding service to customers.
That’s why businesses are looking to Microsoft Dynamics 365 Business Central (BC). A cloud-based business management system, Dynamics 365 delivers real-time access to the data required to make insight-driven decisions on how to quickly grow a business. A subscription-based technology, Dynamics 365 BC offers a low total cost of ownership allowing smaller businesses scale fast as they do not need to invest in expensive software and hardware. A full user of Dynamics 365 BC starts at just $70 per user per month.
With access to a full suite of financial and operational management modules like GL, AP, AR, Sales Order Processing and Inventory Management, Dynamics 365 is a solid foundation for growing businesses. Through AppSource, an online app marketplace for third party technologies, companies can find integrated solutions to extend their accounting systems to meet their specific vertical needs. Learn more about AppSource here.
More than a quick-fix
What can Dynamics 365 Business Central offer your business?
To stay competitive in today’s market, it is essential to find a solution that combines ease of integration, a high performance, and cost-effectiveness. This is what Microsoft Dynamics 365 offers and that’s why it’s recommended as the leading technology for scaling your business. At Admiral Consulting Group, we firmly believe it’s the solution that grows with your business.
Whether you’re aiming to expand into new markets, build brand awareness or increase ROI, applications like Dynamics 365 Business Central help businesses by providing vital insights and enabling higher productivity.
To learn if Dynamics 365 is the right ERP software for you, click below to schedule a complimentary consultation with an Admiral executive today.