Cloud Accounting

Top four signs you’re outgrowing QuickBooks

Outgrowing QuickBooks

When we are meeting with prospective clients, we are often asked: “When is the right time to move from QuickBooks to cloud financials?” In the past few years, we have moved several growing companies from QuickBooks to NetSuite. QuickBooks is an excellent and cost-effective solution when companies are getting started. However, many of our clients have found that it may not be the right choice for the long term.

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NetSuite vs Intacct: Key Differentiators

NetSuite Cloud Accounting Software

At Kraft, we have been selling, implementing, and supporting business software solutions for more than 20 years.  We have experience with multiple products and pride ourselves on partnering with software publishers offering the best solutions on the market for our clients.  We are constantly evaluating new solutions as they come on the scene and watching…

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The value of insight

Insight

As an executive, business owner or line of business director it is important to understand the critical metrics by which you should run the business. A deep understanding of those numbers, measures or factors can lead to dramatic performance improvement.

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Future-proof your accounting department

Accounting depatment

Businesses are evolving and changing faster now than at any time in the past. While experiencing rapid growth and change, some private businesses falter under the weight of their own stature. A failure in financial reporting or compliance can quickly have a huge impact on corporate reputation and the company’s prospects for continued growth and profitability.

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NetSuite 2016.1 Release Notes – Summary

While all of the features included in the new release can be viewed by accessing the 2016.1 Overview webinar or by downloading the release notes from the portlet, we have also summarized the features that are relevant to most of our clients on the attachment. As with all releases provided by NetSuite, we recommend that…

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NetSuite Tips & Tricks (2016Q1)

By Christy Pack, Kraft Enterprise Systems Setting Up Daily Fact Alerts NetSuite users rely on customized dashboards to provide them with the latest reminders and events to stay up-to-date with their evolving business. However, if the facts and numbers are outdated, they could have negative consequences when making important business decisions. Unfortunately, for busy professionals,…

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Why Your Company Should Adopt NetSuite in 2016

Is your organization a fast growing company with a continually evolving business model? Do departments consistently rely on spreadsheets for operational and financial information? Is e-mail a system of record for the business? These are all signs that it might be time to adopt a full scale business management system. While that sounds like a…

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The seven deadly sins of Excel-based budgeting

Microsoft Excel is the most widely used information management tool among businesses. Smaller companies typically use it to track expenses, keep up with accounts receivable and manage critical information like payroll. Larger companies have ERP, accounting and/or HR systems to manage that information, but often use Excel for budgeting and forecasting.

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Exercise Your Options For The Best Results

Most business owners and management teams feel like they are stuck with their existing business management solutions.  Having already invested in business software and for fear of interrupting a busy business, it may seem easier to live with the system in place.  However, you do have more options than you think. If you are beginning…

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How Much Does That Item Cost?

How do you value your inventory?  Are you calculating your actual inventory or running a periodic calculation?  Can you with any degree of certainty pick an item in your warehouse and know what it cost to produce? For many small to mid-size enterprises, it is very difficult and time consuming to track the real cost…

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