QuickBooks is one of the most improved accounting applications in recent times. Regular updates it receives make it more productive for Small and Medium-sized Businesses (SMBs). Intuit has released the latest version of the QuickBooks Enterprise. It brings great functionalities like Advanced Reporting which gives you great insight into your business and helps you attain higher business growth. With QuickBooks Enterprise hosting, you get more benefits than any other QuickBooks version. Though it is a bit more costly, its unique advantages more than makeup for the additional cost.
List of Top 20 Benefits of QuickBooks Enterprise Hosting
QuickBooks Enterprise has industry-specific features that play a vital role in your organization’s growth. Here are some of the top benefits of QuickBooks Enterprise Hosting that assists the businesses to flourish:
1. On-Demand Access
QuickBooks Enterprise cloud hosting enables you to have on-demand access to all your application resources. You can work from any part of the world by simply using a device connected to the internet.
The remote access feature makes it one of the best applications considering the pandemic situation. It can help you accomplish your important tasks even when the world is locked down.
Read this also: Why Use QuickBooks Enterprise Cloud for Accounting Needs
2. User-Friendly Interface
An easy-to-understand User Interface (UI) is probably one of the most underrated traits of a modern application. QuickBooks Enterprise offers powerful features that are extremely easy to use. You and your team members not only get familiar with its visually attractive and colourful dashboard but can also get through most of its features within a few clicks.
3. Ensured Privacy through Role-based Access
Having sound data privacy features are paramount to an application that deals with critical accounting files and information. With QuickBooks Desktop Enterprise hosting, you get the administrative privilege to define the accessibility of your data.
You can provide access to employees based on their roles. This ensures that none of your employees get unauthorized access to any of your sensitive files.
4. Superior Data Security
Superior Data Security is one of the benefits of QuickBooks Enterprise Hosting as hosting providers ensure your data and files are protected against online attacks. They incorporate sophisticated security measures like data encryption and multi-factor authentication to safeguard your data.
Moreover, the robust security and sufficient power backup at the data centers make sure your data is not vulnerable to physical theft.
5. Improved Productivity
QB Enterprise application has higher list limits to offer simultaneous access to multiple users. You can view transaction history along with past bills, invoices, and other tasks in the calendar view. You also get the feature to scan important documents like payment receipts and attach them to your QB records for organized reporting.
Moreover, you can automate your recurring tasks to save time. This helps improve the productivity of your organization.
6. Easier Collaboration
Collaborations are an important part of modern business and hence, any software or application that you invest in must be conducive to collaborations. QuickBooks Enterprise, by offering simultaneous access to multiple users, makes it easier for you to collaborate with third-party accountants and professionals.
The application does not require you to send and receive files via email continuously. You and the collaborating parties can have simultaneous, live access to the files so that you all can make the changes in real-time.
Hosting your QuickBooks Enterprise over the cloud means you have the liberty to scale up or down, as and when required, simply by asking your hosting provider to do so. It helps you manage your business workloads effectively.
Moreover, with its pay-as-you-go model, you need to pay for only the resources you use, that too for the limited time you are using them.
8. Online Training Tools
QuickBooks Enterprise application comes with complimentary online training and education material that helps you train your employees into specific tasks. The training is offered directly by the developers and hence, it helps you and your staff understand every little feature in detail.
9. Effective Backup and Recovery
QB Enterprise hosting providers ensure effective data backup and recovery. This makes sure that your application data is retrieved back to its previous, original form in case of any mishappening.
10. Round the Clock IT Support
Along with the effective backup and recovery features, you get superior IT support when you host your QuickBooks Enterprise through a reputed hosting provider. It will offer you a team of IT experts that will resolve all your technical problems with utmost priority. The support is available 24/7 and can be reached via a chat, a phone call, or an email.
11. Effective Finance Management and Easy Reporting
QuickBooks Enterprise offers an end-to-end view of user’s bank transactions and incomes in a single place. Its company snapshot feature lets you view all your company data on a single screen. The standard reports permit you to view your business performance in real-time. You can also combine various reports from multiple company files.
Its finance management features let you do the following:
- Pay your bills automatically
- Track your expenses
- Generate professional financial statements
- Enable users to download their credit and debit card transactions
- Prepare for tax season quickly
12. Effective Payroll Management
With QB Enterprise’s effective payroll management, you can easily find your employees’ information, track their time, and streamline the payroll process through integrated payroll tools. The application gives you access to built-in legal documents that help you resolve employment-related issues. It also offers ready-to-print state as well as federal forms.
13. Advanced Reporting
You get access to QuickBooks Advanced Reporting (QBAR) with the latest version (v21) of the QuickBooks Desktop Enterprise application. It helps you create customized business reports that offer you a deeper understanding of your business. By effectively understanding and analyzing these reports you can make informed and timely business decisions.
The QBAR tool in QuickBooks Enterprise is compatible with various industries like manufacturing and accounts. It works harmoniously to help you get actionable insights into your business.
15. Effective Sales Tracking and Customer Follow-Ups
QuickBooks Enterprise has a Lead Center that helps you track all your sales leads. It has customizable purchase forms that allow you to track the expenses made by your sales representatives. You can assign default classes to different accounts and items for attaining higher accuracy and saving more time.
The application allows you to keep a track of thousands of customers, representatives, and vendors. It offers your business abundant room to expand and grow. With its customer snapshot feature, you can prioritize specific customers.
16. Robust Purchasing and Vendor Modules
With QB Enterprise, you can define classes to different items. This lets you evaluate the stock status and help identify products and items that require reordering. It saves a lot of your time by allowing you to invoice multiple customers together.
It also allows you to track a large number of vendors simultaneously, in a single place. You can easily access vendor information and add or remove them instantly. You can also create and send purchase orders easily.
17. Advanced Inventory Tracking
QuickBooks Enterprise hosting allows you to enter all subassemblies instantly and not make individual entries. The application offers you a comprehensive view of the supply chain, lets you create barcodes and capture live snapshots of on-hand items.
Its location tracking feature allows you to track all your items, whether they are in a warehouse or in transit.
18. Lean IT Infrastructure
A cloud-based QuickBooks Enterprise application helps you cut the expenses of creating a huge IT infrastructure. As all the resources are available on the cloud, you can access them using any device, from anywhere. Moreover, the hosting providers offer quality IT support. That way you do not need an IT team of your own.
19. Increased Server Uptime
QB Enterprise hosting providers are always committed to helping you achieve maximum server uptime. They work round the clock to ensure your application is up and running. They also resolve all your server-related issues quickly to help you enjoy uninterrupted services.
20. Automatic Updates
With QuickBooks Enterprise, you don’t have to bother about tracking the latest updates. The service provider pushes automatic updates that ensure you are using an up-to-date version of the application.
QuickBooks Enterprise is a single application that caters to all your diverse business needs. It provides excellent efficiency and productivity to your business, allowing it to grow at a rapid pace. However, you can host your QuickBooks Enterprise in the cloud to streamline your accounting transactions.
For enjoying superfast, reliable, and secure QuickBooks services, you can go with Sagenext’s QuickBooks Enterprise hosting. They offer extremely affordable QuickBooks Enterprise hosting pricing with superior IT support.