Integrating Salesforce with QuickBooks
Salesforce is a leading CRM software for sales, marketing, service, analytics, and building customized apps. Quickbooks is a cloud-based accounting software to manage sales and expenses and to keep the track of daily business transactions, e.g. paying bills and customer invoices. Both play a major role in managing day to day business activities. Moreover, Salesforce manages lead information, and QuickBooks converts that leads to customer information like sales and balances.
Seamless integration of Salesforce and Quickbooks provides unified information on ROI, forecasted marketing expenses, and sales patterns. It also helps in providing easy synchronization of Products, Accounts, Opportunities, Jobs, Invoice, Sales Order, or Estimate in Quickbooks. The integration allows Salesforce to access the Quickbooks data and provides an automated process to generate invoices in Quickbooks. The best part of using Quickbooks is that it has an automated backup service.
Salesforce integrated with Quickbooks helps to flourish a business rapidly and makes it easy for the users to retrieve data.
Reasons to Integrate Salesforce with QuickBooks
Organizations face some challenges due to which they have to put in extra efforts along with using the system as an integral part of the business. Those challenges are as follows
1- They have to put in double efforts for the preparation of invoices of Accounts created in Salesforce.
2- Their infrastructure cost increases when they set up two teams separately; the Sales team and the Accounts team.
3- Sales teams always stay in touch with the account team for the case management of their customers. It increases the pain and burden for the teams.
4- They have to spend a lot of time managing QuickBooks and Salesforce data individually.
Benefits of Salesforce-QuickBooks integration
The Salesforce-QuickBooks integration gives you a complete overview of your business, how it works, and how you can improve its efficiency. Accounting software and CRM systems work together to share the company’s data between sales and accounting teams quickly. It provides sales and accounting data management in a single platform. Here is the list of benefits of Salesforce QuickBooks integration
1- Create all transaction reports.
2- Automated workflow.
3- Enhanced time-management as after integration the data flow is bidirectional.
4- Improves business processes.
5- In-depth Sales analysis in Salesforce.
6- Secure data in the real-time course.
7- Minimization of data errors and duplication.
8- Improved cash flow.
Businesses can synchronize the data of the following subfields of Salesforce with QuickBooks:
- Opportunities Closed
Fields that can be synchronized from Quickbooks to Salesforce:
- Purchase orders
June 11, 2021
June 4, 2021