5 Minute Read | This blog post is a follow-up to ‘Why do businesses outgrow QuickBooks’ and is based on Sage’s eBook titled ‘Life After QuickBooks: Why It’s Time For Your Financial Services Firm to Step Up to Sage Intacct’.
How cloud computing changed the game
In the past, the options for businesses outgrowing entry-level accounting systems like QuickBooks weren’t particularly appealing.
Businesses essentially had the choice of on-premises mid-market software solutions like Microsoft Dynamics, which required an expensive and involved implementation process to get up and running.
Not only did businesses have to take the risk on a solution they were unfamiliar with, but they had to splurge on infrastructure in the form of servers, databases large enough to accommodate their future business, and expensive IT specialists just to maintain the solution.
Previously, financial management software was a one-size-fits-all situation, with businesses having to rely on the talent in their IT teams to customise the solution to work for the business as best as possible.
With all that hassle involved, it’s no surprise that many businesses chose to stick with QuickBooks. But this only meant further restrictions on their growth and future success.