MUFI Rating & Risk – Intuit Quickbooks Enterprise Solutions

MUFI Rating & Risk – Intuit Quickbooks Enterprise Solutions

MUFI: Maintainability, Usability, Functionality, Implement ability

Vendor: Intuit Quickbooks Enterprise Solutions (Select For Vendor Profile)

Introduction

Intuit was the originator of the standalone financial system and has been fabulously successful. It has very high client satisfaction level. Quickbooks is the go-to financial application for the majority of small to smaller mid-sized businesses. It has gradually increased its scope of functionality over the years, and can even serve manufacturing entities. Quickbooks now has a point of sale application with comes with a barcode scanner, receipt printer, credit card reader and cash drawer. Customers can also hook up various physical inventory scanners for use in a manufacturing facility or a warehouse. Quickbooks is extremely easy to use, which is why so many companies cling to it when it is time to move on to a full-featured system.

Application Detail

Quickbooks Enterprise edition can track 100,000 combined names and items, and hundreds of thousands of employees and partners.

QuickBooks Reports

Quickbooks has decent built-in reporting capabilities.

Quickbooks has primarily been included in this section because it serves as the standard for easy to use financial applications, and in our TCO research, customers are always interested in how a financial application stacks up against Quickbooks, even though most of our customers have outgrown Quickbooks. It has very lightweight functionality, yet it is enough for so many companies. Quickbooks is so easy to implement; it’s hard to call making Quickbooks live within an organization an implementation. More of the implementation comes down to integrating Quickbooks to other application rather than configuring the Quickbooks functionality.

Overall, Quickbooks has sort of barely “enterprise” functionality, and it contains more functionality that it may first appear because it seems that there is no way it could support the size of companies that we see using it, yet it is enough for so many companies. One of the ways that Quickbooks does this is with applications or apps.

Intuit App Store

Intuit has copied the platform approach of AppExchange developed by Salesforce.com, and this explains how Quickbooks can be easily extended. We tested quite a few of these apps and found they could be installed very quickly.

MUFI Scores

All scores out of a possible 10.

Vendor and Application Risk

Buyers of Intuit Quickbooks Enterprise are well positioned to have successful implementations. The only real risk factor with an Intuit Quickbooks Enterprise implementation is related to software functionality. Many buyers that currently use the application are actually too large and have too many functionality needs, and should move on to one of the other applications on this list. This is a compliment to Intuit in that they have built such a useful and “sticky” application that they are used in situations where they really should not be. We rate Intuit Quickbooks Enterprise as having only average functionality when compared to other applications in this category – which we realize is not entirely fair. However, this is in fact where Intuit Quickbooks Enterprise is often implemented.

Likelihood of Implementation Success

This accounts for both the application and vendor-specific risk. In our formula, the total implementation risk is application + vendor + buyer risk. The buyer specific risk could increase or decrease this overall likelihood and adjust the values that you see below.

Risk Definition

See this link for more on our categorizations of risk. We also offer a Buyer Specific Risk Estimation as a service for those that want a comprehensive analysis.

Risk Management Approach

There are no special risk management considerations with an Intuit Quickbooks Enterprise aside from matching the application to the proper environment regarding company size and desired functionality. However, if it is implemented in companies that are too big for it, buyers must expect to have to perform some “workarounds.”

Finished With Your Analysis?

To go back to the Software Selection Package page for the Finance & Accounting software category. Or go to this link to see other analytical products for Intuit QuickBooks Enterprise Solutions.

Enterprise Software TCO Calculator – Intuit QuickBooks Enterprise Solutions

How it Works

Fill out the form below for a your customized TCO calculation, as well as each of the supporting cost components that make up the TCO. The form does not have a “beginning or end.” The form is constantly calculating, so feel free to make constant changes and the application will auto-adjust.

Details

  • Vendor Name: Intuit (See for Vendor Rating)
  • Software Category: Financial and Accounting
  • Company Headquarters: 2632 Marine Way, Mountain View, CA 94043
  • Site: http://www.intuit.com
  • Contact number 650.944.6000
  • Delivery Mechanism: SaaS or OnPremises (but primarily sold as SaaS)

Finished With Your Analysis?

Once complete, goto this link to see other analytical products for Intuit Quickbooks Enterprise Solutions.

Project Planning Package – Intuit QuickBooks Enterprise Solutions

How it Works

Fill out the form below for your project planning estimate. The form does not have a “beginning or end.” The form is constantly calculating, so feel free to make constant changes and the application will auto-adjust.

Details

  • Vendor Name: Intuit (See for Vendor Rating)
  • Software Category: Financial and Accounting
  • Company Headquarters: 2632 Marine Way, Mountain View, CA 94043
  • Site: http://www.intuit.com
  • Contact number 650.944.6000
  • Delivery Mechanism: SaaS or OnPremises (but primarily sold as SaaS)

Finished With Your Analysis?

Once complete, go to this link to see other analytical products for Intuit Quickbooks Enterprise Solutions.

References

Risk Book

Software RiskRethinking Enterprise Software Risk: Controlling the Main Risk Factors on IT Projects

Better Managing Software Risk

The software implementation is risky business and success is not a certainty. But you can reduce risk with the strategies in this book. Undertaking software selection and implementation without approximating the project’s risk is a poor way to make decisions about either projects or software. But that’s the way many companies do business, even though 50 percent of IT implementations are deemed failures.

Finding What Works and What Doesn’t

In this book, you will review the strategies commonly used by most companies for mitigating software project risk–and learn why these plans don’t work–and then acquire practical and realistic strategies that will help you to maximize success on your software implementation.

Chapters

Chapter 1: Introduction
Chapter 2: Enterprise Software Risk Management
Chapter 3: The Basics of Enterprise Software Risk Management
Chapter 4: Understanding the Enterprise Software Market
Chapter 5: Software Sell-ability versus Implementability
Chapter 6: Selecting the Right IT Consultant
Chapter 7: How to Use the Reports of Analysts Like Gartner
Chapter 8: How to Interpret Vendor-Provided Information to Reduce Project Risk
Chapter 9: Evaluating Implementation Preparedness
Chapter 10: Using TCO for Decision Making
Chapter 11: The Software Decisions’ Risk Component Model