Best Practices for Transitioning Away from QuickBooks

As small businesses grow, it is clear that alternatives to QuickBooks are needed, but the path forward isn’t always well-defined. Here are several best practices that can smooth the path to a better solution:

1. Adopt a cloud-based solution

Cloud momentum is accelerating and the cloud is becoming ubiquitous in the consumer and business worlds. The cloud represents a tremendous opportunity because it enables business leaders to deliver outcomes faster, cheaper, and with fewer resources.

2. Consider a suite

A suite platform eliminates the need to piece together different solutions. An integrated suite makes managing data much easier. Dual data entry is eliminated, since all information is stored in a single, centralized data repository. A suite solution enables companies to start with the basics and add complexity over time.

3. Take time to understand the business needs and key business requirements

Before selecting a solution to replace QuickBooks, be sure the organization understands its business and key business processes. Growing companies often believe they are saving money by not spending the time needed to understand and capture the business requirements.

4. Hire a partner to help with data migration

Regardless of what platform a company adopts, it can be helpful to find a suitable partner who can help migrate data and perform checks and balances before the system goes live. This approach will ensure that the transition to a new system is consistent with business processes and objectives.

Moving your company to NetSuite’s integrated suite of cloud-based solutions allows for more efficient and effective business operations—essential for growing an organization and enabling employees to react to client and organizational needs in real time.


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