No matter the size of your company, every business is challenged by organizational, technological, and economic growth. The stages of a company’s maturity are fairly well defined—from start-up and small businesses to midsize businesses and multinationals. But it’s not always clear when a company moves from one stage to the next, and what steps need to be taken to support that growth.
There comes a point when a company needs more than an entry-level bookkeeping system. Companies that are well established need a business system that supports the full range of its activities. It needs to reinforce how the business operates in practice rather than limiting it to the narrow confines of a conventional bookkeeping or accounting package.
This white paper describes the telltale signs that a company is ready to move on from software that covers basic accounting requirements to the next level—a progressive business system that can sustain growth for years to come. You’ll learn what to expect from such a system, and how business can change for the better.
accounting ratios list