Selecting software for accounting and financial management can be difficult since there are so many options available today. There are many great financial software applications available from traditional ERP software vendors such as Microsoft Dynamics, Sage Software, Infor, and literally dozens of vendors. There are also niche and vertical accounting software publishers who specialize in small industry segments providing deep vertical functionality. Continue reading
If you’re a small business, the odds are you’re using QuickBooks to manage your financials; as one of the most popular accounting applications for small businesses that is no surprise! QuickBooks has everything you need when you first start out; it’s easy, affordable, works well, and has all the functionality you need…but you won’t be just starting out forever! One day you may feel that you are outgrowing QuickBooks.
In time your business will grow and change, you will find yourself Outgrowing QuickBooks. Perhaps you will see the need for more manual and/or paper processes in your office, maybe it will take you longer to complete your accounting activates, or you will have to hire an additional employee to help keep everything under control in the accounting department. Whatever the case may be, you will be spending more time gathering financial info then other business driving activities. This all sounds really awful, but it’s really not, I promise. If you see this happening in your business that means you are growing; you have graduated from “just getting started”, you’re making it! So how can you tell when you have begun Outgrowing QuickBooks ? Continue reading