5 Signs Quickbooks is Failing your Business

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Introduction

QuickBooks was the best fit for your business when you first started using it, but is it the right choice to drive success in the next stage of your company’s growth?

With over 3.5 million QuickBooks users, you’re not the only one facing this question. Thousands of businesses arrive at a similar crossroads every year. Timing is everything—if you replace QuickBooks too early, you may end up with more software than you need. But if you wait too long, you could end up struggling with inefficient business processes that damage your business performance and prospects for future profitability and growth.

At what point do the costs of maintaining QuickBooks outweigh the benefits of keeping it in place? When is the right time to make the move? NetSuite has been working for years with businesses that have reached the limits of QuickBooks, including thousands of small business owners, and finance executives and IT professionals from companies at different phases in their development. While those businesses are diverse, the critical issues that they faced when reaching the limits of QuickBooks are remarkably similar.

This white paper draws on the real-world stories of small and mediumsized businesses that have upgraded from QuickBooks to NetSuite at critical junctures in their business development. It also outlines five common business process inefficiencies that you might see reflected in your own business— the telltale signs that you’ve begun to reach the limits of QuickBooks or  have already outgrown it.

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