I get this question all the time from prospective Clients who are currently using Simply Accounting or Quickbooks: “We are growing significantly and need a more robust system, but I’m afraid of the complexity of a new system and the costs. How do I know when is the right time to make a move?”
I’ll address this in two parts :
Dynamics GP is a robust financial management solution. Note that I did not use the term “Accounting system” because it is so much more than that. Dynamics GP has over 700 reports that come with the system, let alone the reports that you can customize on your own with tools such as Smartlist Builder or Report Writer.
Moving from Simply Accounting (or Quickbooks) can be done quite easily and without much time or expense. For example, to implement 5 users on Dynamics GP and convert your information from the legacy accounting software can take as little as a month and cost less than $30,000. If you choose to implement Dynamics GP hosted solutions, a single user can cost as little as $250/month.
The approach to convert Quickbooks or Simply Accounting to Dynamics GP is done using a refined project methodology and the results are reliable and repeatable. This makes your transition to Dynamics GP as painless as possible.
According to AccountingLibrary.com, there are approximately 750 more features in Dynamics GP vs. Simply Accounting. Everything from Finance Allocations to Cash Management, Asset Management, Project Accounting, Sales, Purchasing, and everything in between.
That’s not to say that a company who upgrades from Quickbooks or Simply Accounting needs to use every feature in Dynamics GP, but that’s what your Partner will help you decide. Many organizations also start by implementing only what they need in Dynamics GP and then add more functionality later on, in phases. This isn’t a bad approach because it allows the users to acclimate to the new system and learn new ways to take advantage of the advanced capabilities of the system.
If you’re interested in learning more about the capabilities of Dynamics GP vs. Quickbooks or Simply Accounting, download our Movers Executive Guide for Quickbooks to Dynamics GP.
By, Andrew King – WebSan Solutions Inc, Canadian Dynamics GP Partner.