In ERPBy PDG ConsultingJanuary 12, 2023

Net Positive: Why Moving from Quickbooks to NetSuite Makes Sense for IPOs

Moving from QB to NetSuite

Initial public offerings (IPOs) raised more than $146 billion in capital this year. While this number is down from previous years thanks to evolving valuation volatility and supply chain challenges, more favorable conditions forecast for 2023 should see this market rebound.

For companies now in the process of preparing for their IPO, this valuation variability offers the perfect chance to assess current operations, identify potential gaps, and put the right tools in place to ensure investor confidence.

This starts with an assessment of existing financial reporting and data collection processes. Can current tools, such as SMB financial frontrunner Quickbooks, meet the expectations of public investors and satisfy regulatory obligations? Or are companies better served by more robust offerings such as Oracle’s NetSuite?

Here’s why making the move to NetSuite may be a net positive for IPO operations.

What's in an IPO?

Where Quickbooks Comes Up Short

Making the Move with PDG Consulting