One of the most important departments for any business is accounting. One might even consider it the heart of the business. As such, businesses have been employing accounting tools like QuickBooks to help manage their finances. It’s simple to set up, affordable, and easy to use. That’s why, for the longest time, many businesses have been incorporating QuickBooks and Salesforce into their operations to get insight into areas they can improve regarding customer relationship management and accounting.
That said, it may be time to move on from QuickBooks, especially if your business needs advanced reporting or accounting. Thankfully, you have GoldFinch ERP—built on the Salesforce platform. You get a powerhouse solution that not only has accounting capabilities but also helps you manage your relationship with clients and internal teams effectively. Keep reading to understand the benefits of migrating your company’s accounting to GoldFinch to help you streamline your business’s operations.
How To Know It’s Time to Move on From QuickBooks
While QuickBooks is an effective accounting platform, it may not meet all your business needs, especially if your company is growing. How do you know it’s time to move on? Here are some things to look out for:
Your Business Needs to Expand Beyond Accounting
The more your company grows, the more departments you’ll have. That means you need a tool to help you manage all these departments in a streamlined fashion. Even if you’re using Salesforce and QuickBooks simultaneously, you still have other departments to consider, like human resources, manufacturing, your warehouse, and more. Using GoldFinch ERP allows you to connect all departments under one platform. You don’t just get accounting and customer relationship management. You also get clear visibility on other departments.
You Want a Customized Solution
One of the benefits of an ERP solution like GoldFinch is that it’s customizable. As much as QuickBooks can be personalized, the options may be limited. On the other hand, if you seek more tailored solutions to help you run your business effectively, consider an ERP solution.
You Have More Users Than QuickBooks Can Support
Another reason to move on from QuickBooks is if you want to share access between more people than QuickBooks can support. A tool that supports multiple users can help you run the business efficiently. This is important when your business has a high number of employees. In addition, if you’re looking to grow your business fast, you need an ERP such as GoldFinch that will help support your growing needs.
5 Reasons to Migrate Your Company’s Financials From QuickBooks to GoldFinch/Salesforce
Migrating your financials to an ERP system is a big decision that can help you enjoy high efficiency and insight, leading to growth. Let’s look at some of the benefits you stand to gain from making such a move.
1. Advanced Reporting and Analytics
One of the benefits of GoldFinch ERP is that it comes with a built-in accounting tool that can handle complex data, giving you a deeper insight into your financials. It supports advanced analytics, offering real-time data and comprehensive reporting features that make accounting go smoothly. The result is being able to make informed decisions backed by data.
2. Integration and Automation
GoldFinch ERP doesn’t just cover accounting. It integrates other business functions into a single platform. The tool unites CRM, HR, and supply chain management, among other departments. This integration reduces manual data entry, cuts down errors, and streamlines workflows. It frees up valuable time, allowing employees to focus on strategic tasks instead of bookkeeping.
3. Enhance Data Security
Financial information is sensitive. You don’t want any information to leak into the wrong hands or to people without access. Fortunately, GoldFinch offers superior data security, which is an important aspect.
4. Regulatory Compliance
The more your business grows, the more compliance becomes an issue. Luckily, the GoldFinch ERP system has tools to help manage compliance with different regulations, reducing the risk of legal problems and costly penalties. They can adapt to other tax laws and financial regulations. This is particularly important when running a global organization; you must adhere to multiple tax laws. The tool shows that you have complied, no matter your business location.
5. Improved Collaboration
Another benefit of migrating your company’s financials to GoldFinch ERP is to improve collaboration within your company. The tool breaks down data silos between departments, fostering a collaborative environment. With shared data, employees can collaborate more effectively, driving productivity.
Streamline Your Business’s Operations with GoldFinch ERP
As we have mentioned, GoldFinch ERP is already built on Salesforce, allowing you to leverage the benefits of both platforms. You get a comprehensive system that handles various tools beyond financials. The combination gives you a unified view of customers, integrates with multiple business processes, and offers advanced reporting and analytics tools. Such features allow a business to make data-driven decisions.
Migrating your financials from QuickBooks to GoldFinch ERP allows your business to utilize its advanced accounting functions, manage customer relationships, and handle other business activities under one platform. This integration simplifies processes, improves data accuracy, and gives real-time insights into your business’s financial health. In addition, as your company grows and outgrows the accounting capabilities of QuickBooks, you get software that accommodates your growing needs. The GoldFinch ERP is an extensive toolset designed to support changing business needs.
Migrating from QuickBooks to GoldFinch ERP isn’t just about changing the software for managing your finances. It’s a strategic move that positions your business for future growth and sales. It’s about building a solid foundation for your business that will support the complexities of your growing needs. In addition, you get a tool that handles other business processes besides accounting. Everything can be done under one platform instead of moving from one tool to the other for different tasks. As a result, you improve operations and customer relations.
If you are ready to make this transition, contact GoldFinch today, and we will help you enjoy the benefits mentioned.