Globalization, mobility and other mega-trends are rapidly changing the competitive landscape and how businesses of all sizes must operate to succeed. Even relatively modestly sized companies are facing escalating challenges properly managing their business operations.

An increasing number of these companies are outgrowing Intuit's QuickBooks because it lacks the maturity and many of the essential financial management capabilities growing companies need to address their increasingly complex business requirements.

QuickBooks' limited functionality, cumbersome data entry and reporting capabilities, and lack of auditing capabilities are insufficient to meet the needs of companies that must track revenues and manage costs across multiple geographies, or manage various product pricing schedules to serve differing target markets.

These shortcomings are driving a growing number of companies who have relied on QuickBooks in the past to move to Intacct's on-demand financial management system. As they outgrow QuickBooks' capabilities, these companies are recognizing the accelerated deployment, greater ease-of-use.

This whitepaper discusses various trends and examine how on-demand financial management solutions are responding to the escalating needs of growing companies.