Advantages of Integrating Accounting Software with your Existing Business System

In today’s times, it has become critical to use an Accounting Software to track business revenue.  Detailed tracking of financial transactions as well as generation of reports and analysis is now done by these software tools. However, an accounting software that does not integrate with your existing system does not make any business sense.

Integration with Store

What’s the point of using a tool that does not integrate with your online store. For instance, you buy an accounting software say QuickBooks, you need to ensure that your ecommerce account connects with your accounting software. This QuickBooks ecommerce integration ensures that whatever orders created in store are in sync with your accounting data. It will also allow you to sync customers, inventory to Quickbooks with just a single click.

With this integration, whenever you buy or sell products, their quantity and value is adjusted automatically in Quickbooks. So an integrated accounting software can act as a great tool to keep a track of your inventory.

The integration will help you to track sales and payments. So you don’t have to spend time in entering data manually in your accounting system.  In other words, automatic sharing of data between different systems should not be a concern. The QuickBooks integration with store guarantees that accounting records are automatically updated.

Integration with CRM

Similarly, QuickBooks integration with CRM can have many benefits. For instance, you can view invoice balances, order status and payment information from within CRM. This can help you to immediately address customer concerns. Also, information from CRM can be helpful to create invoices and estimates in QuickBooks.  Moreover, converting a sales order (SO) into an invoice is just a mouse-click away. No longer, you have to manually create an invoice in QuickBooks for every SO in CRM, thereby saving valuable time.

With this integrated system, you have access to order history of each customer. Reviewing this report will help you to identify some potentially great business opportunities, which can help to increase your overall business revenue.

On the whole, an integrated accounting system can work wonders to streamline your business processes with automation. This bidirectional flow of data will certainly contribute in improving the productivity of your sales team.