Startups initially tend to manage their inventory manually, entering inventory data into QuickBooks to integrate it with financials. But as a company grows and/or starts adding sales channels, this method becomes time consuming and more prone to errors. The next natural step to solve this problem is to find a solution that manages inventory outside of QuickBooks.

Many companies operate like this, adding workarounds to their current systems and hiring more people to manage manual processes that continue to pile up. It’s hard to track how much time they’re wasting on manual processes, how many data entry errors they’re making and just how severely a lack of operational visibility is impacting their bottom lines.

Yet, it doesn’t need to be this painful. Many companies make the wise decision to invest in a comprehensive system that combines accounting, inventory management and more in a single data model, simplifying processes and eliminating the need for manual workarounds or having to continually add point solutions.

This paper explores the key challenges that new companies face when they pick the “inventory management solution + QuickBooks combo” and shows why moving to NetSuite’s cloud ERP helps companies avoid early software missteps, grow faster and achieve scalable success.