As small businesses get bigger, their priorities often shift and their ambitions grow, too.
But without the right tools in place to help them achieve their goals, it’s near impossible to make any progress.
Here, we discuss 5 reasons why growing businesses choose to move from QuickBooks to Sage Intacct to help their business develop, grow and thrive.
Easy tracking of KPIs
KPIs – or Key Performance Indicators – indicate whether a business is functioning in line with its business plan and strategy, and in turn, whether it is on track for growth.
KPIs are vital for any business, and each individual department within it, to allow you to spot trends, compare to industry benchmarks, find insights within source data, and make better decisions faster.
For more complex businesses with multiple entities or locations, it is important to have visibility over consolidated data for all entities or locations, as well as being able to access metrics and insights for a single entity in the group.
With Sage Intacct’s financial reports, your business has the agility and flexibility to slice and dice the details that matter and send them to individual key stakeholders, so they can see what they need to see (and no more than that) with data shown and updated in real time.
When new questions arise, you can analyse operational and financial data easily, create custom reports and dashboards to keep up-to-date with the latest insights for your business.