2 Best QuickBooks Alternatives for Streamlined Accounting

QuickBooks has been the preferred accounting software for many growth-focused businesses for years. However, as businesses grow and their accounting needs become more complex, they often outgrow QuickBooks Online and seek a more suitable accounting tool. The desire for more streamlined, user-friendly accounting software with robust automation features drives the search for alternatives.

Understanding your business’s specific needs is crucial when selecting the right accounting software. Different companies have different requirements, and what works for one may not work for another. This is why evaluating what features are most important for your operations and workflow is essential.

BrainSell recommends exploring alternatives to QuickBooks that offer better integration, scalability, and ease of use. These alternatives cater to growing businesses’ needs and provide robust features for growing enterprises, including invoice management.

This blog will explore two of our often-recommended QuickBooks alternatives: Sage Intacct and Acumatica. Both platforms offer unique features designed to meet the evolving needs of modern businesses, clarifying which accounting solution best suits your business.

Why do companies outgrow QuickBooks?

Business expansion complicates financial processes, necessitating advanced reporting and enhanced financial visibility. Unfortunately, QuickBooks often falls short of providing the necessary tools to manage these complexities effectively. Rising business transaction volumes, the need for real-time cash flow insights, and efficient accounts payable management can overwhelm QuickBooks, hindering companies from obtaining essential visibility.

QuickBooks also struggles with third-party software integrations that can hinder operational efficiency. Businesses often rely on a suite of tools to manage different aspects of their operations. QuickBooks has integration capabilities, but oftentimes the integrations can become vulnerabilities to your accounting processes—they can be clunky and not always reliable. The lack of seamless integration makes data transfer between systems time-consuming and error-prone, complicating the management of business transactions.

QuickBooks also faces challenges with inventory and warehouse management. As companies grow and their inventory needs become more sophisticated, QuickBooks’ basic inventory management features often prove inadequate. This leads many businesses to seek alternatives that offer more specialized and robust inventory management solutions.

Realizing that QuickBooks no longer meet their needs can be daunting for growing businesses. However, understanding these limitations and knowing that powerful alternatives are available can be the first step toward finding an accounting solution that supports growth and efficiency.

Download our E-book providing more insights into how to step up from QuickBooks and find an ERP that will help you grow and scale!

Advanced Features with Sage Intacct

Sage Intacct stands out as a top QuickBooks alternative, offering advanced accounting features designed to meet the needs of growing businesses. A significant advantage is its capability to automate complex financial processes, freeing businesses to focus on strategic decision-making instead of manual tasks. Additionally, Sage Intacct offers comprehensive cash flow statements that provide deeper insights into financial performance.

The platform supports multidimensional data analysis, which enhances financial management capabilities. This means businesses can gain deeper insights into their financial performance and make more informed decisions. Its robust features also support detailed financial planning, helping companies to make informed strategic decisions. Sage Intacct’s advanced functionality aims to increase productivity, enable timely decisions, and drive business growth.

Flexible and Scalable Options with Acumatica

Acumatica is another excellent QuickBooks alternative known for its flexibility and scalability. This cloud-based accounting software ERP solution provides data access anytime, anywhere, enhancing collaboration and communication. Acumatica also allows businesses to accept payments seamlessly, improving cash flow management. This is particularly beneficial for companies with remote teams or multiple locations.

Acumatica stands out for its ability to streamline operations by automating key tasks like inventory tracking and project management. This automation helps businesses run more efficiently by integrating bank account information and reducing the likelihood of errors associated with manual processes. The platform also supports online payments, providing clients with convenient options to settle invoices quickly.

Acumatica is designed to support mid-market businesses looking to scale their operations. Unlike traditional software that requires additional hardware or software licenses, Acumatica’s cloud-based nature allows enterprises to scale up quickly without significant extra costs. The consumption-based pricing model further promotes flexibility by charging businesses based on the number of services they consume.

Acumatica can also support integration with existing tools, minimizing operational disruptions. This makes the transition to Acumatica smoother and helps maintain operational continuity.

Want to see how Sage Intacct and Acumatica stand up to one another? Check out our in-depth comparison guide to learn more!

Let BrainSell Help You Find the Right Accounting Software for Your Business

While QuickBooks has been a staple for many businesses, its limitations often prompt the search for more advanced and flexible accounting tools. Sage Intacct and Acumatica offer powerful alternatives that cater to the evolving needs of growing businesses, providing advanced features, better automation, and enhanced integration capabilities.

As you evaluate these options, consider your business needs, budget, and the potential for future growth. By selecting the right accounting software, you can ultimately streamline your financial processes, improve efficiency, and set your business up for long-term success.

Be sure to also connect with a growth partner like BrainSell to ensure that your tech investment exceeds expectations!