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>Quickbooks will do you fine up to $100M in revenue or 8-10+ years in operation. When you cross either of those bridges, you should think about implementing a "
by jimnotgym 6y ago
>Quickbooks will do you fine up to $100M in revenue or 8-10+ years in operation. When you cross either of those bridges, you should think about implementing a "real" ERP.
I think that very much depends on what market you are in. Sure if you are a Saas, but not if you are a European distributor with stock in two countries with different currencies. Stock adds massive complexity. You might be reaching for a lower end ERP at $5m of turnover.
- eru 6y agoIt also depends to an extent on your legal accounting / reporting requirements. Friends who had businesses in both Poland and Singapore tell me that the difference was like night and day.
- tomnipotent 6y agoStock in two countries is nothing that can't be managed by hand without an ERP. I know, because I've done it before. You usually reach in inflection point where your manual process sans-ERP is costing the company real money, and the ability to make quick(er) decisions is hampered by your current process.