After a decade of operation in India, accounting software maker Intuit has chosen to withdraw its QuickBooks product. QuickBooks’ accounting and small company products and services will no longer be available from January 31, 2023. Prior to July 31, 2022, the business will convert all existing paying customers into free users, allowing them to continue using QuickBooks for free until January 31, 2023. Customers who have an annual subscription will be refunded for the percentage of their subscription that is not used.
This is not the first time Intuit has pulled its goods from the Indian market. The corporation discontinued its TurboTax online tax filing service in the country in 2016. The company claimed that it is no longer accepting new subscriptions in India for QuickBooks; this includes all services such as QuickBooks Online, QuickBooks Online Accountant, QuickBooks Time, and QuickBooks mobile app. It has also requested that its consumers retrieve their data and exit the product from 23rd April 2023.
The move by Intuit to withdraw QuickBooks from India would harm 30,000 businesses, and its users are now looking for the best alternatives. If you are one of them, SAMADHAN is an excellent choice. Who will provide you with the greatest ERP solutions and in this article you will know why it is the best alternative for your growing business.
Dynamics 365 is the best alternatives for growing Organizations:
Enterprise resource planning (ERP) is utilised by businesses that wish to manage their business processes through a centralised and integrated system. ERP is often used by supply chain organizations to keep track of all the moving pieces in manufacturing and delivery.
ERP tools are driven by market factors like the widespread use of digital technology, the growth of international trade, and the huge amounts of data that need to be tracked, maintained, and analyzed. Statistics about the ERP market shows that it is becoming more popular and in demand around the world. ERP software is mostly used by companies that make things. And, 47% of companies looking to buy ERP software are manufacturing companies, followed by distribution companies (18%) and service companies (12%).
Both QuickBooks and Microsoft Dynamics 365 Business Central are software solutions for businesses that help with accounting. Both have high ratings for overall performance and have accounting and financial management functions for businesses. QuickBooks is usually considered fruitful for small businesses with simple needs, while Dynamics 365 Business Central is best for small to medium-sized businesses with more complex needs. Even many business starting from QuickBooks land to Dynamics 365 Business Central as their organization requirements increases.
Business Central is the best way for small and medium-sized businesses to manage their businesses. It automates and streamlines business processes and helps you run your business. Business Central is very flexible and has a lot of features. It lets businesses manage their finances, manufacturing, sales, shipping, project management, services, and much more.
Companies can easily add features that are relevant to the region in which they operate and that are tailored to support even the most specialized industries. Business Central is easy to set up and its process is quick. Innovations in product design, development, implementation, and use are based on keeping things simple. And, hence is the best ERP solution for you than QuickBooks. It offers a suite of services that cover enterprise basics like accounting and human resources. It also offer applications for customer relationship management (CRM), human capital management (HCM), product lifecycle management (PLM), supply chain management (SCM), warehouse management systems (WMS), and Dynamics 365. Business Central has everything your business demands.
Benefits with Microsoft Dynamics 365 Business Central and how Samadhan can help
Microsoft Dynamics 365 Business Central is a cloud-based system for business management software; it offers a number of capabilities. Its plans ensure more effective corporate procedures. As the firm expands, Dynamics 365 Business can adapt to changes, providing organisations with the flexibility to modify requests to meet current business demands, which is superior to other accounting software.
- Integrated ERP system
- A comprehensive and secure audit trail
- Multilingual capabilities
- Multiple currency capability
- Excellent data security
Microsoft manages the Dynamics 365 Business Central application online, and no software installation is required on the device. It provides businesses with a comprehensive set of financial management tools to manage their cash flow and balance sheet, as well as a single, integrated platform to maintain customer connections, including CRM and analytics that provide insight into how customers engage with your organisation. Dynamics 365 Business Central provides comprehensive operational support for overhead, sales projections, personnel planning, and inventory management.
Microsoft’s Dynamics 365 Business Central software is great giving you optimal results. If your organisation is updating or searching for a QuickBooks replacement then picking the ideal Cloud ERP solution might rewarding like Microsoft Dynamics 365 Business Central. Deploying an enterprise resource planning (ERP) system is may be expensive to plan for businesses, but with the latest cloud technologies, ERP systems are becoming more accessible for small and small-to-medium sized businesses.
Migrating and managing your data from QuickBooks might need guidance of experts. Samadhan will provide you with complete assistance to deploy ERP for your organization as they have experienced in working with this Microsoft suite. For additional details, please contact us Samadhan.