The blog that follows is an extract of a whitepaper titled “Life After QuickBooks” produced by Sage Intacct.
For many small and mid-sized businesses, Intuit QuickBooks is the preferred choice for financial software in the organization’s early days—and for solid reasons. QuickBooks is well-known and easy to use, and it offers the basic functionality that almost any business can use to get off the ground.
In this post, we’ll discuss the Measuring the True Cost of QuickBooks.
Despite the inefficiencies and hidden costs of QuickBooks, it’s all too easy to simply postpone the cash outlay to step up to a more robust, automated, and scalable solution. Fortunately, today’s
cloud computing-based systems offer exceptional economics that make them a very cost effective alternative. Many organizations find that the time they save from automating critical processes
and eliminating spreadsheets can quickly fund the entire cost of moving to a new system. A payback period of just a few months isn’t uncommon.
You can prove this for your own organization by comparing the full costs and productivity implication of continuing to use QuickBooks with the same factors for a new cloud-based financial
management system. Thousands of organizations like yours have already made this comparison, and invariably the answer is that graduating to cloud-based financials results in a tremendous,
positive ROI.
Conclusion
Cloud-based financial management applications offer finance organizations the solutions they need to work strategically with stakeholders by providing the financial data to plan the business’s future, gain new insights, and make important financial decisions. In a nutshell, that’s why so many organizations have already made the move from QuickBooks to Sage Intacct, the cloud-based financial management system. They’re gaining better visibility, increasing flexibility, improving business and financial processes, and achieving a meaningful and measurable ROI.
Read the complete whitepaper “Life After QuickBooks” here.