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If you’ve been in business for a while, you’ve likely used QuickBooks, a starting accounting tool for small businesses. But now you’ve outgrown QuickBooks. What should you do? Should you move up to QuickBooks Enterprise, or is it time to consider a full-function ERP (Enterprise Resource Planning) solution such as Acumatica Cloud ERP?
The Difference between QuickBooks Enterprise and Acumatica ERP
The most obvious difference is that QuickBooks Enterprise is not an ERP solution; it’s only an accounting solution. QuickBooks Enterprise is designed to handle your books; Acumatica ERP is designed to handle every aspect of your complex business.
If you stick with QuickBooks, you’ll have to employ other disparate systems to cover all the bases, and you’ll have to continue spending too much time reentering data into your multiple siloed systems. You’ll be wasting valuable time and resources. Acumatica ERP requires single-entry of data and makes it available to whoever needs it.
How to Compare QuickBooks Enterprise and Acumatica Cloud ERP
Consider each of the following items in terms of your organization’s specific requirements, your customer preferences, and your plans for future growth, you should be able to determine which solution will work best for you.
1. Industry-Specific Tools
QuickBooks Enterprise provides basic industry-vertical tools, such as inventory valuation through average costing and FIFO; as well as warehouse tracking by bin location, serial number, or lot number. But it doesn’t deliver much beyond the basic functionality, and needed customizations can be expensive.
On the other hand, Acumatica ERP is built to handle specific vertical requirements with ease. Acumatica is flexible enough to handle standard cost, FIFO, moving average, and item-specific valuation methods; provides comprehensive warehouse tracking seamlessly integrated with barcode scanners; and even offers inventory replenishment recommendations, as well s work-in-process (WIP) tracking and real-time tracking across the production floor.
If you have complex manufacturing processes or deal with expiration-sensitive inventory, QuickBooks Enterprise will have you juggling multiple external spreadsheets. QuickBooks Enterprise won’t work well with hierarchical BOMs or food & beverage compliance.
Acumatica Cloud ERP will fully adapt to your business needs, offering a range of standard functions for specific verticals such as wholesale distributors, ecommerce companies, subscription-based businesses, discrete manufacturers, and more.
Acumatica offers fully dynamic BOMs and expiration date tracking, which automatically removes expired items from inventory. Acumatica’s intelligent tools keep your inventory lean and cost-effective.
QuickBooks’ one-size-fits-all solution works for standard processes and workflows, but one-size-fits-all necessarily means that it won’t be the perfect fit for anyone. Your company has its unique approach, its individual employees, and if you distribute to big box stores, you are provided with their precise requirements too. QuickBooks Enterprise does provide configuration tools and connected apps but has proprietary code, which means it can be expensive and time consuming to customize. And closed systems prohibit innovation.
Acumatica ERP gives you access to extensive marketplace apps, as well as comprehensive customization and configuration tools written in easy-to-modify, industry-standard .NET framework that most developers work with. Acumatica’s Cloud xRP platform allows you to modify your ERP in virtually any way imaginable. And Acumatica employees spend 75% of their time on R&D, ensuring that additional features are continually being added.
3. Pathway to Growth
Consistent business growth requires true insight into accurate numbers and the ability to break down silos by connecting all users at all times. QuickBooks Enterprise fails in both areas. Acumatica delivers the pathway to growth that expanding enterprises need to succeed.
QuickBooks Enterprise requires re-keying data, which can lead to data errors and hard-to-track numbers. Without a single source of real-time data, you won’t have the confidence to make fast, informed decisions that drive your business forward. Instead, you’ll only be seeing part of the picture, and your strategy will suffer. Also, QuickBooks limits users count to thirty, making most employees have to wait on answers from the few users.
Acumatica Cloud ERP provides secure data access to unlimited users, and it eliminates error-prone duplicate data entry.
Because Acumatica is a true cloud solution, it’s available anywhere, anytime, on any device. Authorized users can access data directly from a single source without bottlenecks or delays.
You should expect your business to mature into an ERP; be glad when it does.
Choose the Right Partner
Get true support for your migration from QuickBooks to Acumatica from the experts at Dynamic Tech Services. Since 1996, Dynamic Tech Services has helped companies across a wide range of industries achieve their technology goals and move to the next level.
Contact us at Dynamic Tech Services for an Acumatica ERP demo.
By Dynamic Tech Services,
an Atlanta-Based National Acumatica Gold-Certified Partner