It discusses the benefits of how a modern ERP solution can significantly impact how your bank and other financial backers view your business and can increase the odds of you getting the financing you are looking for.
I’ve seen numerous companies over the years struggle with financing where a big factor was their use of QuickBooks which doesn’t follow GAAP principals. It’s ‘loosy goosy’ features, that end users love, make accountants and bankers cringe. The ability to ‘cook the books’ with low end solutions like that often give financial institutions pause, even if you are actually clean as a whistle.
Here is the full blog post: