We use technology to automate manual process (which saves our clients money!) and provide customized dashboards and better bookkeeping services. Forward thinking accounting firms like Kruze have development teams, and our development team has built proprietary software that integrates directly with QuickBooks via their API. This means information from payroll like Gusto and Rippling, or bill pay solutions like can flow directly into your accounting system, making your startup’s bookkeeping much, much easier. QuickBooks also has a decent API, which many 3rd party software companies have integrated with. That’s why we use QuickBooks for pretty much 100% of our 500+ startup clients. It’s also important to us an online accounting software so you don’t need a bookkeeper to come to your offices every month to do your books. I want my bookkeeping done as accurately, quickly, and efficiently as possible so that I can spend my time on higher “value add” activities. We are well versed in Xero and we do use it in our practice… but only after expressly telling our clients about said missing features that make using Xero more difficult. But there’s still key functionality that’s missing that makes it more time consuming to use. Xero: I applaud Xero for a) putting a fire under Intuit’s bum and getting them to revamp some of their older systems and b) marketing themselves as the new and sexy accounting software (it’s working).Wave: may be able to handle very early stage startup accounting needs, but will not be able to grow with you as the volume and complexity of transactions increases.Freshbooks: may be able to handle very early stage startup accounting needs, but will not be able to grow with you as the volume and complexity of transactions increases.Got international sub’s that you need to consolidate? Check out NetSuite. (for example, 200+ FTEs and/or $20M+ annual revenue). But consider this once you’re doing really high volume, high complexity transactions. Too pricey, and implimentation can be a huge expense and pain. NetSuite: is a great option, but complete overkill for a startup.Perhaps if you are an ecom or hardware business with a ton of inventory the desktop version MIGHT make sense, but these days the desktop version is just too clunky and out-dated to make sense for a legit startup business’ accounting needs. QuickBooks Desktop: QuickBooks Desktop used to be the place to go when QBO couldn’t handle your business.Plus, every accountant worth their salt knows how to use QBO, so you can hire, fire, outsource, insource, etc. Our clients can go straight from QBO to an enterprise solution like Netsuite when they get big enough. They’ve taken the time to build software that works for nearly every kind of startup. QuickBooks Online: there’s a reason why Intuit is the market leader.
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. Archives
January 2023
Categories |