The Ledger
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Hastings: Pilot and competitors relied on large manual staffs using QuickBooks
“So pilots, any of the ones we just talked about, They have hired a very large staff that is just using QuickBooks. So they did not start by building their own QuickBooks replacement. They started using QuickBooks, and they started by hiring a lot of people, an…”
Hastings: QuickBooks Lacks Automated Checks and Requires Manual Data Verification
“And the way QuickBooks is set up is it just makes it really easy for you to make those mistakes, because it doesn't have all these checks built in. It's really just sort of a blank slate you can write into, and the only way to verify that the data is correct i…”
Hastings: QuickBooks' generic database approach prevents it from serving industries well
“QuickBooks, it can solve for any sort of business model because it's so generic, but because of that, it's sort of just, it's like I said, a blank slate, just a little database. You can write anything into there, and because of that, it can support any busines…”
Hastings: QuickBooks is still not fully cloud-based
“QuickBooks is still not even fully cloud, which is very funny.
I think, so a lot of people still use QuickBooks desktop.”
Hastings: QuickBooks Does Not Match Payroll Records with Bank Movements
“From my payroll system, I see that a payroll ran, and then in my bank, I see that the money moved to run that payroll. We match those things together and make sure that they're consistent, and QuickBooks does not do that, but we built that from the ground up i…”
Hastings: Quanta offers QuickBooks backup to ease customer migration fears
“Actually we do have a product that we call a QuickBooks backup, where if you, for whatever reason, want to do an export into QuickBooks or even keep a QuickBooks up to date, we support that. And it's a good way to get people in the door, especially we work wit…”