The CFO’s Guide to Recurring Revenue: 5 Major Obstacles and the Keys to Overcome Them

QuickBooks is the entry into accounting software for many businesses, thanks to its low price point and relative simplicity. However, it is an entry-level accounting system and growing businesses quickly come to understand the shortcomings of the software. While many of QuickBooks’ shortcomings can be overcome with manual workarounds and complementary software, eventually those steps are not enough and problems emerge that begin to stifle growth. The difficult part for many of these businesses is determining when they need to move to a new system.

If your business recognizes one or more of the signs compiled in our whitepaper, it’s probably time for you to move on from QuickBooks and grow your organization with a comprehensive enterprise resource planning (ERP) system. ERP systems collect business information from around your company and integrate it into one digital ecosystem. Separate business functions are broken down into modules, including warehouse management, finance management, customer resource management and much more. Moving to an ERP platform needn’t be a disruptive and painful process. Today’s systems allow companies to more easily add specific ERP modules as they need them.