Starting a business and achieving your goals for growth and success demands a different solutions at each stage of growth. Many small businesses start out using QuickBooks to manage their financials - it's a simple, reliable accounting solution that fits their small business requirements. However, at some point, small businesses need to invest in their business management software if they’re to maintain momentum and stay profitable amidst market growth and company expansion.When a business becomes more successful and starts to take off, most companies make the move to a more powerful integrated solution that manages more than just the financials and some inventory. For many small business owners, enterprise resource planning software, or ERP, can seem too large an investment. But more and more SMEs are seeing the benefit of moving to an ERP solution earlier.
Highly organized and efficient, these companies manage their entire operation on a single platform and can compete beyond their weight class with larger competitors. Whereas ERP solutions were once reserved only for the large enterprises, today ERP has become more affordable and accessible to SMEs.
To help our readers with researching their options for a new business management solution, we've created a comparison chart infographic between QuickBooks and SAP Business One. This easy to read chart demonstrates 10 essential features that commonly impact fast growth and profitability of growing small to midsized enterprises (SMEs) and each application's ability to support the feature.
When your business system starts to become strained by growth, you are faced with the decision to add to your current solution or find a new one that better meets your business requires today and tomorrow. This infographic will help you set the record straight.
If you find the chart helpful, or have any additional questions about the applications, please leave a comment below.