Nowadays it’s impossible to talk about business growth unless you’re also talking about new technology and software solutions. Old software solutions just aren’t cutting it anymore, and more often than not they actually end up slowing down your business operations and costing you more in the long run.
Is your accounting software affecting ERP management in your business or organization? If your company is stuck using old and out-dated accounting software, then you might be feeling the pain of having to waste time and resources on manual tasks like spreadsheet creation and manual data entry.
Does this Problem Sound Familiar?
Besides the labour that you’re wasting on manual data entry, there are other ways that your accounting software may be holding you back:
- Your old accounting software lacks features such as revenue recognition and multi-entity consolidation.
- You require multiple excel spreadsheets in order to support complex data – your IT might have even had to create an application in order to support your old accounting software.
- Using and trying to integrate multiple solutions means time and resources wasted, and can produce entry errors, incorrect or out-dated data, inefficiencies, and an absence of control and compliance.
- Your out-dated, mid-market software is a money sink because you invested heavily on servers, databases, IT specialists, and now have to maintain expensive software.
If this sounds similar to what you’re going through, then it’s time to make the switch – ditch your old accounting software and upgrade to a cloud-based financial solution that can help you do more.
Take Your Financial Management to the Cloud
Enterprise resource planning solutions like the ones offered by Sage can greatly assist you in your accounting and financial efforts. Sage Intacct, a financial management solution, is the only software available that is endorsed by the American Institute of Certified Public Accountants (AICPA). It has also been rated #1 in satisfaction by G2 Crowd and was included on their list for “Top 50 Products for Mid-Market 2019” because of its comprehensive features, customizability, intelligent reporting, and overall streamlining of your accounting operations.
Sage Intacct sports a number of core features that can help with:
- General ledger management
- Accounts payable and accounts receivable
- Cash management and order management
- Organizing data with built-in reporting and dashboards
- Time and expense management
- Project accounting
- Revenue recognition and management
- Multi-entity consolidation and support
- GAAP compliance and audits
With all these features and more, you won’t have to worry about spending a ridiculous amount of time doing manual data entry, creating reports, or checking for compliance.
Smooth Integration
Sage Intacct is a flexible platform that can be integrated with other cloud services that you are already using. It’s built to be personalized to your specific organizational needs and for ease-of-use, meaning that you should have no trouble adopting it into your organization. Apart from Sage Intact there other accounting apps such as Quickbooks desktop Canada, QuickBooks Accountant Hosting etc. which have equivalent capabilities that can be easily used on a Cloud Hosted Desktop.
Sometimes, though, it can be difficult to get the best out of a product, which is why you might want to consider contacting an ERP specialist. They can walk you through the adoption of your new ERP product, show you how to utilize all its features, and offer any kind of support you might find yourself needing throughout and even after adoption. Their support might very well be worth the investment to ensure that you are getting the most out of your new product.
