Quick: What’s your company’s profit margin to date?

Um …

 

OK, so maybe it’s unrealistic to expect a person to spout off the answer within 30 seconds, but if you still can’t supply a definitive answer after an hour of research, then chances are good that your financial management system could use an overhaul.

You shouldn’t have to guess what your company’s financial situation is. You should know what it is — and not just what it was last month but what it is today. Operating on outdated or even bad data can lead to costly mistakes.

Your whole team has worked hard to get the company where it is now. The business has succeeded because you’re innovative, current and smart enough to recognize a good investment when you see one. In a fast-paced global marketplace, your company needs to stay on the cutting edge of new trends to maintain its hard-earned spot at the forefront of your industry.

Staying at the top requires paying attention to the little things, like where each dollar is going and how that’s affecting your bottom line. Whether you operate a large nonprofit organization or a small distribution firm, keeping tabs on this data and tracking trends related to revenue and expense can make a huge difference in the future of your business.

An Enterprise Resource Planning (ERP) accounting system will allow you to better manage your financial data so that you can make the best decisions in every aspect of the business. With a Microsoft ERP solution, you can:

  • Streamline accounting processes
  • Keep tabs on your company’s key data in one easy-to-use system
  • Get reports in real time
  • Adapt quickly to change
  • Increase productivity
  • Integrate data both to and from outside systems

Don’t let an outdated accounting system keep you in the dark ages. To request information on our four unique accounting solutions, call Boyer & Associates at 763-412-4300 or check out our video on Finding the Right Accounting Solution for You.

Read: Outgrowing QuickBooks Sign 1: You’re drowning in spreadsheets