Top Four Signs You Are Outgrowing QuickBooks

By  Meredith Schultenover Managing Director, Kraft Enterprise Systems, LLC 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[…]

NetSuite vs Intacct: Key Differentiators

By: Meredith Schultenover [meredith@kraftenterprise.com] Managing Director, Kraft Enterprise Systems, LLC 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[…]

The Value of Insight

By Glenn Saunders 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.  That includes understanding the lower level components that drive those numbers.  For[…]

Future-proof your accounting department

By Glenn Saunders 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[…]

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 However, if the facts and numbers are outdated, they could have negative consequences when making important business decisions.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,[…]

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[…]

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[…]

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[…]