Beyond QuickBooks for Manufacturing Companies
QuickBooks is a great starting point for many companies. However, it is not built to handle the complexities of a growing manufacturing organization. As a result, companies often become reliant on third-party products and manual workarounds to bridge the gaps in functionality.
Here are some of the key warning signs that indicate it’s time to upgrade to a more complete ERP solution:
1) Manual Workarounds
As much as you have third-party products to handle your purchasing, inventory, sales, and manufacturing processes, you still rely on spreadsheets to analyze your operational efficiencies. The more manual your processes you have the more you are missing out on the benefits of automation that modern ERPs can give you.
2) Real-Time Information Gaps
Waiting until end-of-day or for weekly updates means not being able to make real time decisions. Lack of real-time insights into inventory, production status, or sales performance can lead to delays and missed opportunities.
3) Limited Inventory Visibility
If you’re struggling with inaccurate stock counts or poor inventory management, it’s time for a real-time inventory control solution that can scale with your growth, especially as you expand into multi-location and multi-warehouse operations.
4) Disconnected Systems
When accounting, sales, purchasing, inventory, and manufacturing systems are handled in separate systems or not integrated, it can lead to errors, inefficiencies, and wasted time.
5) Complex Costing
Manufacturers often deal with custom jobs, fluctuating material costs, and multiple currencies. QuickBooks isn’t built to handle detailed job costing or Bill of Materials (BOM) for financial reporting and a new system should be considered.
6) Compliance and Reporting Challenges
With evolving Canadian tax laws, export documentation, and safety regulations, manual compliance processes put your business at risk.
7) Lack of Planning & Scheduling
If production planning relies on an educated guess rather than data-driven insights, it’s time for a system that provides forecasting, capacity planning, and shop floor control.
Next Step?
If you’re seeing a few or more of these signs, it’s time to explore an ERP tailored to your manufacturing business —one that supports growth, reduces manual processes, and keeps you competitive.