Creating streamlined and automated processes within your business is key to maintaining and improving your operations and staff productivity. Companies using Salesforce and QuickBooks for their accounts receivables and payables should consider an integration solution to improve this process. Integrations allow all the information to be seen on one platform, leading to a more functional system.
Why Integrate Salesforce and QuickBooks?
Integrating your Salesforce and QuickBooks accounts enables sales and finance teams to work more intuitively, providing them with deeper insight into the accounting data as well as their Salesforce opportunities.
An integration solution can eliminate the need for double data entry. Some businesses spend several hours per week inputting data from Salesforce into QuickBooks and vice versa. This manual entry takes time away from staff, who could instead be focusing their efforts on other tasks that drive the business forward. If contacts, accounts, and opportunities are automatically synced, little to no action is required from the user, saving valuable time.
With the use of dashboards and reports in Salesforce, users can easily gain insight into the status of invoices, quotes, and opportunities without having to rely on the finance or sales team. The connection of Salesforce to QuickBooks allows a company to increase the efficiency and productivity of their staff and overall business.
According to PWC’s Benchmarking report 2019/20, 30-40% of staff time can be reduced with finance automation. So it is clear that automation is needed to streamline day-to-day processes so that teams can be more efficient and spend less time on mundane tasks and allow the software to do more of the work.
Financial data is crucial as it provides valuable insights into businesses, to help finance and sales make more informed decisions. Therefore, insights need to be easily accessible and in real-time, for the data to be truly effective.
Customers Playspace Designs wanted to improve business operations so that their business could run more smoothly and establish a fully integrated system; where they could manage their contacts, submit quotes, purchase orders, and invoices to customers. They were spending up to 8 hours each week on manual data entry processes that were prone to human errors.
PlaySpace already had QuickBooks, however needed a CRM that would help to manage their clients; they chose to use Salesforce. The next challenge was connecting both platforms so that data could flow to and from Salesforce and QuickBooks. They needed an integration solution to be the bridge between systems, allowing for ease of mind in data accuracy and saved time; So they opted for Breadwinner. Read the rest of this entry!