Microsoft Dynamics GP vs. Peachtree
Dynamics GP: A Better Alternative to Peachtree
As an entry-level accounting package designed for smaller businesses, Peachtree offers a limited set of features and basic database functionality that ensure ease of use and a modest price. The drawback is that as your company grows, it will eventually outgrow the database limits and feature set offered by Peachtree.
5 Signs That Your Business May Be Outgrowing Peachtree
Businesses typically begin to outgrow Peachtree in one of two ways: First, the increasing volume of transactions and number of concurrent users your business needs will exceed the database and user capacities offered by Peachtree. Second, as your business grows and expands, so will the need for more advanced accounting and business management features than Peachtree offers. Additional indicators that your business may be outgrowing Peachtree include:
- Having to implement manual workaround procedures or purchase third-party applications in order to get your work done.
- A noticeable decrease in performance, including delays in the loading of menus and screens in Peachtree.
- The number of users needing access to your accounting system exceeds Peachtree’s maximum number of users.
- Reports take an unacceptably long time to print.
- Finding an increasing number of much needed features lacking in Peachtree.
7 Reasons Why Dynamics GP is a Better Alternative to Peachtree
For businesses that have outgrown the entry-level capabilities of Peachtree, migrating to Microsoft Dynamics GP offers numerous benefits:
More than just accounting software, Dynamics GP offers over 1300 more features than Peachtree (2,550 compared to 1,140). These features span key areas of functionality, including financial management, business intelligence and reporting,
Better Database Performance
Peachtree’s database performance can begin to decline after as few as 75,000 transactions. Dynamics GP offers a far more robust database that can handle millions of transactions with no noticeable lag in performance.
With over 50 modules available out of the box (compared to Peachtree’s 18 modules), Dynamics GP offers a greater degree of customization to meet a diverse range of business needs. Dynamics GP modules enable advanced distribution, manufacturing, supply chain management, field service, human resources, project accounting, business intelligence, and workplace collaboration functionality.
Better Financial Reporting
The whole point of an accounting software solution is comprehensive and actionable financial reporting. Microsoft Dynamics GP offers over 700 standard reports – nearly five times more than Peachtree’s 143 standard reports. In addition, Dynamics GP’s advanced reporting tools allow users to customize and schedule reports to be printed automatically at pre-determined intervals and delivered to the appropriate recipients via e-mail or publishing to the company’s business portal web site.
Better Microsoft Office Integration
While both Dynamics GP and Peachtree offer a range of Microsoft Office integration features (e.g. exporting reports directly to Excel or Word, emailing reports and documents through Outlook, etc…), only Dynamics GP offers advanced integration via SmartTags and Workflow that allows users within Outlook, Word, or Excel to view data from Dynamics GP without having to log in and manually look up the data.
More Robust Networking Architecture
While Peachtree only offers a two-tier solution, Dynamics GP offers more flexible server deployment options with its two-tier, three-tier, and n-tier solutions. This means that while Peachtree can only operate on a single server, Dynamics GP can be distributed across multiple servers. This allows organizations to increase the speed and productivity of their Dynamics GP environment as they grow by adding additional servers to accommodate increasing volumes of data.
Better Mobile Accessibility
Dynamics GP offers a web browser solution called the Business Portal that negates the need for complicated setup of user desktops. Regardless of where your users are or what device they are on, the Business Portal provides them with secure, encrypted access to your Dynamics GP environment from any location in the world.
What is the Next Step?
MIG & Co. has helped companies across the country save money and improve the efficiency of their business processes by migrating from Peachtree to Microsoft Dynamics GP. For more information about how we can help your organization, please call 855-644-2677 or email us at email@example.com.