Many small businesses manage their accounting systems with software that no longer suits their needs. As organizations grow in size and complexity, growing pains are a certainty.

Switching to a more robust system saves tens to hundreds of hours monthly on manual tasks, provides greater data transparency, and shortens the monthly close up to 75%.

Here are signs you’ve outgrown your current accounting software:

1. Lack of visibility. Making data-driven decisions is impossible without real-time access to reporting and metrics.

2. Manual processes. Spreadsheets and manual entry are still factors with most accounting software. There are options like Sage Intacct that eliminate these workarounds.

3. Collaboration. Duplicate entries and need to multiple verifications cause delays obtaining data. A single dashboard for your finances makes sure everyone has access and permissions on their level.

4. Insufficient documentation. Risk for an audit is reduced when documentation is consistent and accessible.

5. Slow growth. The number of tasks you must complete daily increases as your business grows. As these begin to take more and more time, it becomes more important to modernize accounting practices.

Our team includes a dedicated onboarding specialist to walk your business through the process of switching to a better, more productive software solution. If you’re still using spreadsheet, it’s time to change and we can help.