Business Growth: Making The Change
One of the most problematic issues facing a business owner is keeping detailed and accurate accounting information. Time and time again, small to medium businesses are held back by inaccurate accounts, which can cause them to lose money and time. Matching your accounting software with the size of your business is absolutely crucial and can save you a lot of hassle.
The most difficult part of this is predicting when your business is likely to grow and thus when to upgrade your software.This can be tricky; switching from one accounting software provider to another can mean you lose important information and end up spending more money than predicted. Sage could be the answer to this problem. With a range of different programs targeted at businesses of different sizes, Sage allows you to upgrade seamlessly, giving you the ability to efficiently manage your growing business’ accounts. Assisting you with your finances, customer relations, processes and sales, Sage will give you complete control and give you valuable oversights into the way your company is operating.
Sage 50
Sage 50 is aimed at small businesses which are in the early stages of growth. For companies based in one location and with a limited number of annual transactions, Sage 50 is an ideal platform to utilise. It is significantly cheaper than some of its competitors, which is crucial for small business owners with limited capital.
Sage 200
If your company is exceeding 100,000 transactions and is beginning to operate from more than one location, then it is time to upgrade. Whilst this may sound like a long way away for your business, transactions quickly add up. Remember; it is better to upgrade before you absolutely need to, in order to seamlessly move from one platform to another. Sage 200 gives business owners more reliability, accessibility, capacity, scalability and accuracy. Aimed at larger, growing companies, it will mean that your staff can work more effectively and you can have a better idea about how the company is operating. Whilst upgrading to Sage 200 will require additional training for you and your staff, it is a relatively easy process and requires far less time than it would were you to switch from one software provider to another. The ability to upgrade is not to be underestimated. Indeed, after you have upgraded you will still be able to access and run data on Sage 50 for smaller parts of your business or for archive purposes. Some of the other benefits of migrating your finances from Sage 50 to Sage 200 include:
- Payment Solutions Integration — This allows you to systematically log payments with transactions in a secure manner. This can increase productivity and reduce the likelihood of errors being present in your finances.
- Increase Capacity — Whilst Sage 50 is suited for up to ten users, Sage 200 supports up to fifty users. The increase in capacity is crucial for growing businesses.
- Greater Management & Integration — Sage 200 CRM will improve the way you manage the relationships with your customers by providing a secure location to systematically store all your relevant information. This can help with customer retention and cross-selling.
Giving you the freedom to seamlessly upgrade as and when your company requires, Sage is a fantastic option for growing businesses. Switching from one software provider to another can be time consuming and unnecessarily expensive. With Sage’s range of capacity-based platforms, it is the perfect solution for your accounting needs.