Choosing a Business Accounting Software That Scales With Your Company
Choosing the best business accounting software for your company is difficult. Once you are in a system, it can be painful to switch! However, you must consider the future growth of your company and choose an app that will grow with you.
Your business will have a full-fledged ledger saved in the software, and it is available to all the people who work for your company. Problems arise when you discover that you must change to something new, and you will be annoyed that more money must be spent to change once again. You might think that these are the growing pains of a successful company, but much of your progress is lost when you change apps. You must select a business accounting software that you can use from the infancy of the company to its full maturity as a successful enterprise.
In fact, choosing the wrong accounting software tends to stunt the growth of a business as it keeps you in a set infrastructure and mindset of a small business. In reality when you talk to a business owner they usually don’t say they picked their accounting software because they never wanted to grow past a certain point. You see it all the time, a rapidly growing company that expands their business operations while keeping the finance and accounting department in the same condition as when they started.
The struggle is real! The business operations team wants to expand and grow needing financial analytics on demand, but the data is just not available. Without the proper accounting functions reconciliation and cash movement tends to stall, keeping the executive staff from making informed real-time decisions on growth and can prevent launching an IPO, acquiring a strategic investor, or making purchase decisions.
Xero and QuickBooks Make the Change Difficult
Xero is a program designed for small and medium-size businesses that you may use for some time, but it will eventually lose its luster. It will not grow with you to the level you want to go, and you will be forced to purchase a new program from a new company. The new program will not operate as Xero did, and you will spend many frustrated hours learning the program, training your staff, and familiarizing yourself with new features and hoping staff adoption of the software occurs.
QuickBooks forces you to move to the Enterprise version when your business has moved past a certain point, and you will spend quite a lot of money on the Enterprise version. The time and expense involved in moving to the Enterprise software is tiresome because QuickBooks acts as though it is a new program when you become an Enterprise user. Additionally, it is not cloud based.
These programs are popular around the world, but neither was made to help you grow infinitely.
Business Accounting Software That Grows with You
Choosing a business accounting software that grows with you like AccountingSuite will save your business time, money and frustration. Your staff will expect to see the same software on their computers when they return to work every day, and you will not surprise everyone with yet another program they must learn. Changing accounting software at different stages of growth can frustrate your staff, especially if they do not want to deal with the headache of learning a completely new system.
Choose accounting software that will grow with your company in perpetuity. Your business will become much more efficient, and you will become an expert on your chosen accounting software. Your expertise will result in more productivity during the day, and you will have time to learn every little feature and nuance in the accounting program and will never have to worry about adoption of a new software by staff. For more information on how you can select a business accounting software that will grow with your company, try AccountingSuite free today.