What To Do If You’ve Outgrown Your Accounting Software

Discover Accounting Software That Grows With Your Business

As your business grows, it’s natural to reach a point where your accounting software can’t quite keep up. Maybe reporting feels limited, processes are taking longer, or you just can’t meet new requirements because your software isn’t designed to.

The truth is, many businesses find themselves at a point where their once helpful tools start to feel less like a support system and more of a burden. If this is you, then it’s a clear sign that you have outgrown your current accounting software and it’s time to upgrade!

In this article, we discuss what to do if you’ve outgrown your accounting software and how Sage 200 or Sage Intacct could be the right next step.

Plan Your Next Move

Switching your accounting software can seem daunting, but with the right approach (and the right partner) it can be a smooth and easy transition.

When planning the move to a new system, it’s important to think about the features your business relies on today and what it might need in the future. It’s worth discussing with your team, especially those using the software daily, to understand what’s working and what are the biggest frustrations with your current system.

Another key thing to consider is if your new system will connect with the rest of your tools. Having a system that works alongside your CRM, payroll or inventory management tools is essential to ensure streamlined processes across your business.

Once you have a clear understanding of your requirements, the next step is to get in touch with the experts to discuss your current setup and your options moving forward.

Upgrading to Sage 200

Sage 200 is a great option for businesses that have outgrown their entry-level system, such as Sage 50 or QuickBooks. If you are looking to gain more control, especially in areas such as project management and reporting, Sage 200 might be the right fit for you.

Sage 200 Professional is a modular ERP system which combines core financials (Sales Ledger, Purchase Ledger, Nominal Ledger and Cashbook) with core commercials (Sales and Purchase Order Processing, Stock Control and Customer Price Book). But the possibilities don’t end there. With Sage 200, you can select additional modules for managing stock, projects, manufacturing processes and even payments, to further enhance the functionality.

It’s a flexible solution that’s designed to help you manage everything from finances to operations in one place, and it is scalable, so as your business grows, your system can grow with you. With this solution, you can improve visibility across departments, automate repetitive tasks and integrate with a wide range of third-party add-ons.

As you would expect, it is also fully compliant with Making Tax Digital (MTD) and has facilities for GDPR legislation, Bank Feeds and multiple standard integrations to payment providers.

With rapid implementation, an intuitive user experience and flexible deployment options, Sage 200 is a smart investment for businesses scaling beyond their basic accounting software.

Upgrading to Sage Intacct

If you’re looking for a best-in-class, cloud-native finance solution, then Sage Intacct might just be what your business needs. Sage Intacct is the ultimate cloud-based system which provides you with the tools to see exactly how your business is performing, as well as several automation features which help reduce manual work and speed up processes, such as month-end.

Its modules include Accounts Payable and Receivable, Cash and Order Management, General Ledger, Purchasing and Reports and Dashboards. But the options go even further. You can select additional modules for Consolidation, Fixed Assets, Revenue Recognition, Automated Cost Allocations, Inventory and Projects.

Sage Intacct is ideal for businesses that report across a range of companies and dimensions, work on a SaaS model, use repeat billing, segment based on income, need a robust API link to accounts, globally consolidate, or need localised tax for US/AUS/SA. If this sounds like your business, then Sage Intacct might be the right accounting system for you.

How We Can Help

Outgrowing your accounting software can be frustrating, but it is a sign that your business is moving forward. Upgrading to a solution such as Sage 200 or Sage Intacct can help you save time and give you the tools you need to keep growing with confidence. If you’re ready to take the next step, we’re here to help.

As an award-winning Sage business partner, we specialise in helping businesses upgrade to Sage 200 and Sage Intacct. Our friendly team will discuss your requirements, assess which solution is right for you, guide you through demos, bespoke quotes, project scopes, implementation and eventually going live. Along the way, you will have a dedicated account manager, consultant, and once you go live, you then have access to our incredible support team.

For more information on upgrading accounting software, do not hesitate to get in touch with your Account Manager or you can call us directly on 01332 588508.  

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