The first sign an organization is outgrowing QuickBooks is that the reporting doesn’t meet the needs of the stakeholders. After reviewing a report, questions regarding the numbers require setting up spreadsheets in order to view your data in light of a particular business issue. At first, a few extra spreadsheets aren’t a big deal. But in no time, the number of spreadsheets that need to be created and maintained mushroom. That’s just one sign that you need to move on.
The move from QuickBooks to your next accounting software solution is a tough move to consider for many reasons, but the initial sticker shock is usually enough to make any Accounting Manager, Controller, CFO or Vice President to say, “Maybe we can live with QuickBooks for a little bit longer.”
As a result, your accounting department continues to limp along, dutifully creating the additional reporting you need, but doing so manually. This takes time and the possibility of errors begins to multiply – a transposed number here, a faulty formula there – and you run the risk of making decisions on inaccurate data.
At the same time, the system performance begins to suffer; the system runs painfully slow, or worse, crashes.