Most small businesses start out these days with a cheap or even free accounting solution – a trend that is becoming increasingly popular as entrepreneurs start getting familiar with bootstrapping. But as the business grows, these tier-3 software don’t often keep up with the evolving needs and challenges. It’s a classic counterproductive conflict. Where the business grows from strength to strength, its business management systems have to be robust enough to scale along with it and not hold it back. But where the business management systems start lacking, the business growth often comes to a screeching halt – customers start to complain, paper trials disappear, nothing ever seems to get done.

Think Big to go Big!

This infographic from Microsoft highlights five tell-tale signs that demonstrate when a business has outgrown its accounting solution. For example, siloed systems, complicated reporting, and duplicate entries are just a few of the symptoms to watch out for. What’s more, learn how to grow beyond the limits of accounting software and how to start a free trial!

Read about these signs, and do a quick self-evaluation now:

– Siloed and disconnected systems.
– Complicated reporting
– Duplicate entries and errors
– Utilization of spreadsheets for accounting
– Lack of audit trails

Download the infographic here:

5 Signs a Company Has Outgrown Its Accounting Solution

Or view it online here:

View: 5 Signs a Company has Outgrown its Accounting Solution

Don’t let your accounting solution hold you back!

So now that you’ve figured out that you need to “upgrade” your business solutions, what’s next? Here’s more helpful information to get you started:

Cloud ERP Systems: To Cloud or Not to Cloud

ERP Systems – 20 Reasons Why You Should!

5 ERP Implementation Myths – Busted!

Need help figuring out which ERP system suits your business the best? Get a free 1 hour ERP strategy assessment and personalized report to help you in your decision: Find out more here!