If you are a startup, you would know how hard it is to keep manual financial records. It might seem like a good idea at the time but it quickly becomes tedious and time-consuming. Keeping offline books is more of a hassle and is proven to decrease your productivity by great margins. Getting an accounting software to manage finances is a big-time saver, more accurate and precise, and can produce financial records that are very professional. Commercial Off-The-Shelf accounting software (COTS) is the best choice for small to medium-size businesses.
They are not over-the-top expensive and offer features that you need at the startup stage (all at a convenient price).
What is QuickBooks?
The first name that comes to mind while thinking of COTS is QuickBooks. It is the most popular COTS accounting software. On a global scale, it has more than seven million customers (astonishing right?!).
Quickbooks Has Two Versions Available: Desktop and Online.
The desktop version is available for local use and can be installed on a computer. The online version is hosted in the cloud and can be accessed from any tablet, smartphone, or computer. Third-party integrations are available with QuickBooks online and it works best with subscription software.
Subscription integration with QuickBooks has a lot of upsides.
What is QuickBooks Integration?
Getting a QuickBooks integration means you are linking your accounting software with the subscription management software you are using to get a clear picture of your finances, follow-ups, personalized services, client rapport, forecasting reports, marketing automation, and syncing your invoices and billing.
Why Get Subscription Software Integration with Quickbooks?
When you are using subscription software, it is best to get an accounting software integration as well. If you use QuickBooks on its own it will not help you manage leads or keep a track of the billing time or give you forecasts of your growth or finances.
But subscription software integration with QuickBooks will help you manage your business more effectively and create a rapport with your clients. Following are the reasons why you need to get QuickBooks integration with SaaS:•
- Increased Data Security
All subscription softwares’ are highly secure and encrypted. You cannot get the level of encryption and security your financial records require if you use accounting software on your own. If you want access to your detailed financial records to remain only with you and not have every team member have access to it then you should switch now. QuickBooks Integration will allow your team members to only access the data they require to fulfil their duties, while the details will be kept off from them aka no access.
- Double Data Entry Elimination
One of the biggest downfalls of keeping manual financial records is double data entry. The same customer goes through different sale stages of your business. That means from being a prospect to becoming a customer and then returning as a customer. You simply cannot have a repeating entry of the same customer.
Now if you aren’t using software, every dept. of your company will have a different record of the same customer, meaning time is wasted. And the risk of human error increases. Recurring billing software integration with QuickBooks will eliminate this error.
- Convenience and Efficiency
Having all your client information a click-away will boost your revenue and drive-up sales. Having all the leads and sales in one place is convenient, efficient, and a time-saver.
- Automation Process
If you want to run sales on autopilot then getting a QuickBooks integration is your best bet. If your business uses recurring billing as a major sales point then getting QuickBooks integration
will help automate this process for you. You wouldn’t need to manually send emails to your clients or send them reminders. once you feed this information into the software it will take care of the rest.
- Price Point
Getting a QuickBooks integration is so affordable you wouldn’t believe it. If you have a strict budget to follow, and you need software that is going to provide you with multiple integrations under one roof then getting a recurring billing software with QuickBooks integration is your best bet.
- User-friendly
QuickBooks integration’s interface is easy-to-use and user-friendly. QuickBooks online became widely popular because of its user experience. The same is the case with QuickBooks integration. It is intuitive and easy for any novice to use.
Wrapping Up
While we’ve provided just the most important reasons you should consider QuickBooks integrations, we’ve only begun to scratch the level. To make the most of your company, take advantage of the potential that comes with QuickBooks add-ons. From improving workflows to boosting efficiency and productivity, Subscription Software has the tools to help you begin.
To get more information on the integration you can always contact the subscription software you are using. Do not pause your business because of the extensive manual records. Switch to QuickBooks online integration and see your sales and revenue boost.