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Why QuickBooks Alternative Makes Sense?

QuickBooks is the reigning incumbent in the accounting software niche. It is primarily an entry-level solution for small and mid-sized businesses making a transition from manual to digital accountancy. However, QuickBooks has some serious loopholes that haven’t been plugged despite the parent company’s repeated efforts. With a flurry of QuickBooks alternatives readily available, users are shifting loyalty rapidly. The move is paying off for them, as these alternatives offer core bookkeeping capabilities and more at convenient price points. If you are still persisting with QuickBooks, it’s time to follow suit. Here’s an elaboration why.


Audit Vulnerability:

One among the primary competencies of accountancy is to ensure smooth financial information flow for you to base your critical business decisions on. The audit trail has to be detailed and well documented to give you a clear picture of where your organization stands financially at any given time. QuickBooks does give you information on the majority of transactions but there is simply no audit trail available in certain cases. As such, your financial records are vulnerable to unauthorized changes that may impact your financial performance and growth prospects. On the contrary, many QuickBooks online alternatives like myBooks hedge you against such implications by providing end-to-end audit trails.

Missing Capital Asset Section:

Another loophole in QuickBooks that impacts the accounting experience is the missing capital asset section. Your organization might own a property, equipment, or production facility that’s wheeling in profits but QuickBooks fails to allow a section to it. Here too, competitors seem to be more mindful than QuickBooks’ parent company, Intuit, as they provide a separate section to cater to Capital Asset accountancy needs. In the hindsight, Intuit has also incorporated a report where an organization’s fixed assets can be listed in certain QuickBooks versions.

Too many features:

QuickBooks is equipped with an array of features, many of which may be altogether irrelevant or hard to understand and use. So, there’s a good reason for you to feel intimidated as a user. Take, for instance, the entry systems. As a small and mid-sized business, you are inclined to use the software for single-entry accounting while QuickBooks is more apt for double-entry. You are better off with a QuickBooks alternative that’s designed for SMEs with all core bookkeeping capabilities and intuitive interface. Thankfully, such options are easily available.

Extra Outlays:

Well, there’s a general consensus that QuickBooks is a cost-effective option for manual accounting. However, when pitted against competitors, the picture is different. A standard QuickBooks plan costs $10 per month while the similar myBooks plan for a similar duration is available for $4.99. Likewise, for a basic QuickBooks online plan, you have to shell out $7.50 a month, whereas, the best QuickBooks online alternative can be had for much less. Additional outlays are also involved with QuickBooks in the form of pricey software upgrades and more.

Lackluster support:

Software is susceptible to glitches and snags and thus, requires technical support. With QuickBooks, the support is impersonal and slow. On the contrary, competitors like myBooks provide easy, direct, and prompt access to professional support to keep your accountancy operations up and running at all times.  

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As a company evolves, so does the challenges it faces to stay afloat and combat competition. Mostly, challenges are faced by departments such as sales, services, marketing, finance or a combination of two. In such a case, you may have to upgrade your CRM software or migrate to an open source system. It is imperative that the selected course of action should be well thought out and discussed with experienced SugarCRM Consultants. This will help to arrive at the best open source CRM software which is best aligned with your business requirements. Finding a trainer with the right set of skills and capabilities is critical for the success of the company. If you are finding it difficult to hire an incumbent, here are a few guidelines that will help in making your decision.


Look for references: Before you finalize SugarCRM Partners, ask for testimonials of other clients. You may also contact previous clients to ascertain if they were satisfied with the experiences and the training session they have had. While inquiring, you should be asking questions such as was the trainer punctual, professional and co-operative. Did the company feel at ease and were they completely satisfied with the service received. You may also ask friends and colleagues for recommendations.

Have a one-on one session with your trainer: Initially, you will only have to rely on your instincts about the impression the instructor makes. The right trainer is one that is positive in their reinforcement. You should feel motivated and comfortable communicating with the person concerned. Before bringing the person on board make sure that you get along well and the instructor is willing to go the extra mile in delivering the best session. Contact a few of them and weigh pros and cons. So when you are ready to start working with them, this expert will make it easy to adopt new technology standards.


Take a class for observation: Before signing up for a training session with SugarCRM Consultants, take a class to observe the style of teaching of the instructor. This will also give you a chance to take notes about the trainees. Are they enjoying the class or do they look confused? You may also talk to some of the participants to better gauge their opinions. In case the trainer refuses you to sit in their class, you must oblige accordingly.

Determine the size of the class: You can tell a good instructor from a mediocre one by seeing how much command they have on their subject. It also depends on how relevant the information is and how the CRM software will benefit the business. A good trainer should demonstrate with real-time examples. It is also essential that the trainees are assisted at every step of the way. When you collaborate with notable SugarCRM Partners, the team will help you right from consulting, training to integration. Class size is also very crucial and it is important to have a small group so that each person can be given personalized attention.

We hope that these easy to follow guidelines will go a long way in ensuring that the business has taken a step in the right direction.

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