On top of all that, for any software to work the way it should, someone needs to know how to tailor it to meet your business’ unique aspects and needs. Customization is usually available, but that’s often accompanied by downtime. And what about when your business starts to grow? You’ll need to start the process from the beginning, once again migrating information and training staff.
Of course, accounting software is a big improvement over ledgers and pencils, particularly when it comes to doing calculations and generating reports. And there’s a lot to be said for understanding how to track your organization’s financials.
There are 5 common reasons companies decide to upgrade their accounting software:
Before making the decision to upgrade, ask yourself this: What goals am I hoping to accomplish, and is it worth the cost and time? All things being equal, you may discover the better option is outsourcing.
Botkeeper helps you increase your business efficiency by reducing costs and freeing up you and your employees’ time from having to manage routine bookkeeping and accounting tasks.
Growth is a natural process in the life of your business. And as it grows, your needs change. New financial scenarios appear, the office manager is suddenly drowning in numbers, and oh yeah, the software is outdated. You may think it’s easier and wiser to maintain the status quo, but a growing company can always benefit from considering new approaches and solutions. Rethinking your accounting strategy helps you use your resources more wisely.
It’s often simply more effective to automate your organization’s systems. Outsourcing with botkeeper is easy. There’s seamless integration with your existing accounting software and, once you start working with us, you’ll see dramatic improvement in your financial management and reporting.
Running your own business already comes with enough stress and aggravation. Get to know all of your options by checking out our free Comparative Matrix below!