When it’s Time to Switch from QuickBooks to an ERP Solution

May 23, 2019

 

 

As contracting businesses continue to grow, relying on Excel spreadsheets for accounting and Job Costing becomes a limitation. When this occurs, many businesses leverage QuickBooks for Contractors, as their work becomes more complexWith QuickBooks for Contractors, invoice entry is extremely simple to do, and you are able to run basic reportsFor small contractors, QuickBooks is the perfect introduction to basic accounting software.  

As contractors grow however, QuickBooks may become limited for more advanced functions that are required. Vital functions like detailed job costing and complex payroll need to be handled outside of QuickBooks, thus spreading data across multiple systems. Many contractors quickly learn that despite QuickBooks being a tremendous accounting resource, it is lacking in other important areas.  

If you are a contractor looking for a simple accounting system, QuickBooks for Contractors might be the choice for you. If you are beginning to notice its shortcomings, and are seeking a more complete and integrated software, then it might be a good idea to look at a full ERP solution. 

 

When to consider switching from QuickBooks to an ERP: 

 

  1. Lack of visibility into vital business metrics. 

Full ERP solutions provide increased visibility as compared to accounting-only solutions. Executive dashboards, robust reporting solutions and extensive drill-down capabilities make it easy for owners and managers to see how the business is doing, in real time. With business intelligence and advanced analytical tools, contractors are able to make more accurate and informed decisions.  

 

  1. Little control over your numbers. 

Because of the integrated nature of ERP solutions, businesses will be able to have full confidence that their numbers are correct. From a financial perspective, estimates, projects, change orders and accounting are all housed within one system. This provides businesses with one access point for important data that they can recall in seconds. Although QuickBooks provides accurate financials, other important metrics are spread out among various systems or in excel spreadsheets 

 

  1. Too many systems that don’t integrate. 

With QuickBooks taking care of accounting, other solutions are needed for document management, project management, payroll, inventory and dispatching. As businesses scale, maintaining all of these systems becomes difficult and there is no single source of truth. Maintaining various systems leaves your business at the risk of payment increases, secure information getting into the wrong hands, or lost information. With an integrated construction & service solution, businesses can feel confident that all important functions are stored safely under one roof, giving your business one location for all important information. 

 

  1. Manual processes are extremely time-consuming. 

 

Despite having your accounting safe with QuickBooks, businesses are still relying on spreadsheets and Word Documents to transfer and store information. If this is the case, businesses are forced to rekey duplicate information in various systems, which is extremely time-consuming and prone to human error. In addition, having few staff members with knowledge into these very specific processes, businesses risk this information being lost due to employee turnover, retirement or illness. A fully-integrated ERP allows you to create processes that are standardized, efficient and easy to learn, which leaves your business prepared for the unexpected.  

 

  1. You’re not working with industry experts.  

Although QuickBooks customer support is known to be excellent, this may not be the case with other software or point solutions the business is using. For example, by using multiple systems used for payroll, project management and service management, seeking support and training from various places may become an issue. In addition, many of these points solutions work with various industries, and therefore not an expert in construction and service processes. 

With an ERP solution designed for your industry, you will be guaranteed to work with experts who have tremendous experience in the construction and service industry. Everyone from implementation consultants to support reps have a full understanding of your industry and with this knowledge, can help get your staff fully trained in a timely manner, and provide your business with solutions quickly and efficiently.  



Category: Operations

Add Pingback

Please add a comment

You must be logged in to leave a reply. Login »

Jonas Construction Software in 90 seconds

Category List


Tag List

mobile data1
service management software1
purchasing software1
IT strategic planning1
construction software for accounting8
construction blog1
construction software blog6
integrated software1
contracting website1
software for design builders1
construction management2
software selection guide3
hvac contractor software5
construction guide1
electrical contractor growth and survival guide1
construction solution1
construction project management software11
mechanical contracting industry outlook1
business intelligence2
cloud-based software1
software selection guide bundle1
cloud construction software4
software vendors1
onboarding construction industry1
construction software functionalities1
service and construction management software1
Quickbooks software1
construction bring your own device policy3
automated construction software1
construction software for owners13
construction software for service management11
software for electrical contractors1
buying software1
software selection1
mechanical con1
position construction and service management software1
construction software solution5
integrated construction software2
change management for IT implementations1
general contracting industry outlook1
modern construction company1
electrical contracting software2
construction software selection process2
software selection process1
interview1
design build contracting software1
web-based construction software2
dispatch software1
concrete construction software1
construction management software38
accounting software1
construction service management software13
construction software for accountants8
IT implementations1
gps routing1
integrated software solutions1
choosing the right construction software1
construction reporting software1
change management1
software for contractors2
design build software2
construction service software4
construction software for contractors4
construction software selection guide1
position construction management software1
contracting business1
project management software2
general contractor software2
electrical contracting industry outlook1
construction software implementation2
construction and service management software1
specialty contractor software2
cloud software1
general contractor growth and survival guide1
point solutions1
gps technology1
service management1
visualized reporting1
project management1
construction scheduling software1
hiring employees construction1
success onboarding strategies1
construction software case study2
bring your own device policy3
mobile construction software4
mechanical contractor software5
construction management software selection guide1
selecting construction software1
BYOD3
construction software for project management11
mobile solutions2
construction software for project managers12
service software1
construction BYOD3
general contracting software2
cloud software solutions1
enterprise business intelligence1
true cloud1
technology roi1
construction softare1
construction business management software13
cloud-based construction software3
construction software for service managers11
accounting1
construction accounting software13
construction document management1
design build industry outlook1
construction software36
best construction software4
construction1
mobile software solutions1
software case study2
construction software successful implementation2
construction software solutions1
mechanical contracting software3
migrate software1
contractor software2
contracting software1
mechanical contractor growth and survival guide1
software selection checklist1
electrical contractor software3
construction software buying guide2
construction software features1
design build growth and survival guide1

Tag Cloud

enterprise business intelligencechoosing the right construction softwarebuying softwarecloud-based construction softwarecontracting websitecloud software solutionsconstructionconstruction software for service managersdesign build growth and survival guidesoftware for electrical contractorsconstruction project management softwareconstruction software solutionsconstruction software functionalitiesconstruction software for contractorssoftware selection guide bundlegeneral contracting softwareconstruction software for project managementconstruction software buying guideconstruction software for project managersconstruction blogdesign build industry outlookposition construction and service management softwaremechanical conconstruction business management softwareelectrical contracting industry outlookspecialty contractor softwareIT implementationsconstruction document managementaccounting softwarehiring employees constructionsoftware case studysoftware selection checklistcloud construction softwarecontracting softwaretechnology roiconstruction software selection processproject managementsoftware for design builderscontractor softwaresoftware selection guidemobile solutionsservice softwaregeneral contractor softwarechange managementpurchasing softwareconstruction software featuresgeneral contractor growth and survival guideconstruction managementsuccess onboarding strategiescloud-based softwarevisualized reportingtrue cloudconstruction solutionweb-based construction softwareconstruction and service management softwareconstruction software solutionelectrical contracting softwareconstruction software blogmechanical contracting softwarebring your own device policyconstruction service management softwareelectrical contractor softwareconstruction software for accountantssoftware for contractorssoftware selection processconstruction accounting softwarechange management for IT implementationsmechanical contractor softwareservice management softwareconstruction softwareconstruction bring your own device policyhvac contractor softwaresoftware selectionintegrated software solutionsconstruction scheduling softwareconstruction software case studycloud softwareaccountingconstruction software for accountingselecting construction softwaredesign build contracting softwaremodern construction companymobile construction softwareconstruction management software selection guidemechanical contracting industry outlookQuickbooks softwareintegrated construction softwarecontracting businesspoint solutionsconstruction management softwareconstruction software implementationmobile dataposition construction management softwareinterviewservice and construction management softwareintegrated softwaremechanical contractor growth and survival guideconcrete construction softwareconstruction guideproject management softwareIT strategic planningconstruction software for service managementdispatch softwareconstruction software selection guidegps technologybusiness intelligenceconstruction service softwaredesign build softwaremigrate softwareelectrical contractor growth and survival guideconstruction reporting softwaremobile software solutionsconstruction software for ownerssoftware vendorsbest construction softwaregps routingservice managementconstruction softaregeneral contracting industry outlookautomated construction softwareconstruction software successful implementationconstruction BYODBYODonboarding construction industry


Archive