The cloud has seen huge adoption numbers from the small and mid-size business sector because it has put enterprise software within reach of their budget, infrastructure and IT staff. But not all cloud solutions pack the full punch of ERP. While QuickBooks is available online, it is a pared down version that falls short of some of the other management software options in the cloud. If QuickBooks online limits your cloud power, you may be ready for true ERP in the cloud. We created this series to help you determine if you are outgrowing QuickBooks.
- The QuickBooks workaround runaround
- Lack of Financial Insight in QuickBooks
- Weak Audit Trails in QuickBooks
- Weak forecasting tools in QuickBooks hurt planning
- When you can’t support new business
- You need a Trusted Software Partner
Growing Pain #7: You’re ready for the cloud but QuickBooks Online Limits Cloud Power
QuickBooks online comes in handy when you need it, but does “coming in handy” really cut it anymore for a software solution you use to power a business? Imagine full enterprise resource planning on demand in the cloud, with access to finanicial data, business intelligence, human resources, manufacturing and more. Below are what survey respondents have to say about the benefits of cloud according a study by the Harvard Business Review.
- Let’s us experiment more easily and at low cost 64%
- Enables deeper collaboration with business partners 61%
- Frees up IT resources to work on more strategic things 60%
- Is a source of competitive advantage for early adopters 57%
- Lowers the cost of doing business 55%
- Lowers overall IT costs 55%
Naturally, the systems that run your business need to be accessible anytime, from anywhere to allow for flexibility, but only to those granted access to that information. A best of breed ERP solution like Microsoft Dynamics GP for example, comes out of box with standard controls in place such as access restrictions to accommodate security priorities. In addition to the built in controls, a top ERP cloud provider will make security a top priority, and data shows that in most cases cloud hosted solutions are more secure than on premise systems for this reason.
RoseASP, the power behind myGPcloud has invested more than ten years to building cloud computing resources that meet the security, functionality and performance needs of nearly any industry including regulated industries and public companies. Learn more about RoseASP Hosted ERP
Join us next time when we explore the next growing pain: system limits not keeping up with business opportunities.