Recognize the warning signs that indicate an outdated booking system

In the start-up phase, companies often initially decide to use simple basic software to support their accounting. Ultimately, it is possible to switch to more powerful systems as soon as the requirements for financial management, merchandise management or customer service increase.

But when is the right time to change the system? All too often, in the hustle and bustle of day-to-day business, the warning signs of impending difficulties are overlooked.

These 15 warning signs and case studies will help you to recognize when your booking system no longer meets your requirements:

1. An unstable system and poor performance
2. More and more paper
3. Delays in production planning
4. Incorrect cost calculations
5. Manual report generation
6. Supply bottlenecks due to sold-out goods
7. Incorrect time and material recording
8. Slow month-end closing due to missing receipts
9. Unclear service and warranty conditions
10. High overheads
11. Inadequate inventory management
12. Cash flow and sales difficulties
13. Non-networked system at the point of sale
14. Manual processes in warehouse management
15. Lack of compliance with GAAP principles

In the brochure "15 warning signs: When outdated accounting software becomes a drag" Microsoft has summarized the most important signs and explains them clearly using practical examples.