Question: Prime Renovations Inc. is a five - year - old home renovation company specializing in custom kitchen cabinets and countertops. Business has grown steadily, and
Prime Renovations Inc. is a fiveyearold home renovation company specializing in custom kitchen cabinets and countertops. Business has grown steadily, and they're now expanding into new markets. Prime Renovations orders parts from suppliers and assembles these components onsite, customizing kitchens to meet client specifications. They do not manufacture kitchen cabinets but buy componentsparts so that they can assemble customized cabinets to meet client specifications. The company also offers a variety of countertops, including laminate, granite and quartz. In addition to kitchen cabinets and countertops, they sell sinks plumbing fixtures, and light fixtures, making them a convenient onestop shop for kitchen renovations.
As they prepare to expand, Prime Renovations' CFO is assessing the company's accounting software options to ensure efficient and accurate financial management. They currently use basic tools but are considering Sage and have also heard of QuickBooks Desktop as a potential alternative. Additionally, the CFO is curious about cloudbased software, ERP systems, and the role of automation and Al in accounting sector.
Your team has been tasked with advising the CFO on the most suitable accounting solution to support Prime Renovations' operations and growth. Each team member should focus on one of the following areas to help the CFO make an informed decision.
Required:
Recommendation of Sage and Comparison to QuickBooks: Determine if Sage is the right fit for Prime Renovations and compare it with other off the shelf accounting products such as QuickBooks Desktop.
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