For many businesses, Intuit QuickBooks is the preferred choice for financial software in the organization’s early days—and for solid reasons. QuickBooks is well-known and easy to use, and it offers the basic functionality that almost any business can use to get off the ground.

The fact is, it simply isn’t designed to scale as you grow and provide the professional financial management capabilities that organizations need. Your sophisticated and evolving demands will require more automation, better visibility into financial and operational performance, and connections to other critical applications.

Cloud-based financial management applications offer finance organizations the solutions they need to work strategically with stakeholders by providing the financial data to plan the business’s future, gain new insights, and make important financial decisions.

But when’s the right time to make the move? Which options should you consider? What are the hidden costs of waiting? This paper outlines some of the key factors you should assess when you’re considering whether to “graduate” from QuickBooks and step up to scalable business-class financial management solution.