Hitting the limits of your accounting software? The risks of doing nothing.

Whilst your existing accounting solution has served you well to-date, as your business grows, it may not be able to keep up. There are normally tell-tale signs you’ve hit your limits with your current systems and when those signs start to show up, it’s likely your future growth is at risk.

Growth means change and not many of us are keen on change, especially when it comes to changing business software. So what are the real costs of doing nothing and continuing to operate as is?

In a recent survey by the Aberdeen Group “The Cost of Doing Nothing: Why You Can’t Afford to Sit on an ERP Software Decision”, there is tangible evidence that delaying the implementation, or upgrade, of a new solution can cause an organisation to perform less effectively across a variety of metrics:

Aberdeen Group  Cost of Doing Nothing Feb 17

strongly suggesting that inaction is not an option.

Even stronger evidence for implementing a modern ERP solution comes from another analyst report this time by IDC and entitled “Gaining the ERP Edge”. This research looks at quantifying the productivity benefits of a new ERP solution when compared to companies not using any or an ineffective ERP system:

Gaining ERP Edge IDC 2015

Starting to think you might need to make the move to a new business software solution?

To discover the tell-tale signs that you are outgrowing your accounting software and how Microsoft Dynamics 365 could can help deliver a smooth transition to greater productivity and success in your organisation, download our infographic “Is Your Business Outgrowing your accounting software?

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