Great, easy-to-use software for growing small businesses
June 29, 2021
Great, easy-to-use software for growing small businesses
Score 8 out of 10
Vetted Review
Verified User
Overall Satisfaction with QuickBooks Online Advanced
Our finance and accounting team is using QuickBooks Online Advanced to keep track of our accounting and finances. It is a great tool for small businesses. It is very user friendly and very cost effective compared to other accounting software. We are also using several apps along with the software. We love the Fathom App that comes free with our subscription to QuickBooks Online Advanced as it tracks KPIs and prepares nice management reports that we can share within the organization.
- Easy to use interface
- Great for small businesses
- Does not require significant training or an implementation to use
- Cost effective
- Customization is limited (but more available than other QuickBooks subscriptions)
- Ability to segment data is limited to only Classes and Locations. Other software has more functionality.
- Ability to customize reports is limited but improving
- Starting off as a small business, it had a very positive impact to allow us to report financial metrics to management
- As our business has grown, the lack of customization and functionality has had a negative impact. At some point a company may outgrow QuickBooks Online Advanced
Implementing QuickBooks Online Advanced is much easier than many accounting software options out on the market. I have found the set up and training process to be very easy and quick. As a result it is very cost effective as well. If someone is knowledgeable with QuickBooks Online Advanced, no outside assistance is usually needed to implement the software resulting in significant cost savings. I believe this is a huge pro in using this software compared to other software.
During shutdowns due to the COVID-19 pandemic, this cloud-based software has been especially helpful. Many of our employees have worked from home and the ability of everyone to get on the system and work from home has been tremendous.
We have been able to allocate costs to jobs to help us track the cost of our construction projects. This has helped us track our profitability on our jobs. We also have segmented our data by market to help us track profitability by market. We also have been able to use Fathom and nonfinancial data to track other KPIs that are used specifically in the solar industry.
We have been using QuickBooks Online Advanced because of its cost and ease of use compared to other cloud-based accounting software for small businesses and mid-size businesses. Its third party apps have been able to fill holes in its functionality and reporting capabilities. However, at some point a business may outgrow QuickBooks Online Advanced and will need to look at other options for mid-size businesses.
Do you think QuickBooks Online Advanced delivers good value for the price?
Yes
Are you happy with QuickBooks Online Advanced's feature set?
Yes
Did QuickBooks Online Advanced live up to sales and marketing promises?
Yes
Did implementation of QuickBooks Online Advanced go as expected?
Yes
Would you buy QuickBooks Online Advanced again?
Yes