Comparing Acumatica vs QuickBooks

Acumatica vs QuickBooks

As a growing company using QuickBooks, you might be finding that it is showing its limitations, and you’re looking for a new solution. You might be ready for a QuickBooks upgrade. 

QuickBooks by Intuit offers users a good starter accounting package at a good price. However, it is designed to handle basic accounting only. Managing business processes outside of financials requires an Enterprise Resource Planning (ERP) solution, which can handle accounting and financial management needs along with other business requirements, such as manufacturing, distribution, and much more.

Significant Differentiators

True cloud: Acumatica works on-premises or in the cloud without additional equipment or software. QuickBooks Enterprise can be accessed over the internet, but even Intuit acknowledges that QuickBooks has not been optimized to be a true cloud product.

Full-function ERP: Acumatica offers your organization a complete ERP and CRM solution. While QuickBooks Enterprise contains some of these elements, it is ultimately an accounting solution, not a full-function ERP solution.

Full relational database export: QuickBooks uses a proprietary database and does not provide a true export function, requiring a third-party utility to access the underlying database. Most of the next-level financial management solutions for small- to mid-sized businesses use more robust databases, such as Microsoft SQL Server, SAP HANA, or Oracle. However, these other solutions also expect the client to eventually move to some kind of ERP solution. QuickBooks is designed strictly for accounting.

Flexible licensing options: Every company is different, and some prefer a depreciable capital expense versus an ongoing operating expense. Both products are available through subscription licensing, but Acumatica also offers perpetual licensing.

Scale as you grow: Acumatica allows you to scale as your company grows and can accommodate multiple companies and multiple currencies. QuickBooks Enterprise limits you to a maximum of 30 users and handles multiple currencies but not multiple companies.

TCO: Because both products serve different purposes, it would be difficult to say which one has the best total cost of ownership. We recommend, however, that you apply due diligence when selecting a replacement product for QuickBooks to ensure you get a product that can continue to grow with your company for several years.

Most companies got their start using Inuit’s QuickBooks for their financials. But there comes a time when QuickBooks is just not enough. If you’re ready to take the next step, see what Acumatica has to offer. Discover more in our comprehensive migration guide.

Migration Guide - Why Migrate from QuickBooks to Acumatica

Discover the Advantages of Adopting Cloud ERP

Unlock the powerful advantages and cost savings made possible by Acumatica.

Acumatica Cloud ERP offers the ultimate solution for managing your business and thriving in the ever-evolving digital economy. Built on a cutting-edge platform with flexible architecture for seamless integrations, scalability, and user-friendly functionality, Acumatica provides unmatched value for small and mid-sized organizations. Experience the power of Connected Business. Delivered.

Aqurus Solutions - Western Canada's esteemed Gold Certified Implementation Partner

With a wealth of expertise in deploying numerous ERP implementations and enhancements, we possess the technical know-how to find the perfect solution for your business. Get in touch with us today to discover more, or book a complimentary demo.