For JNN Group, QuickBooks Online’s secure data keeps customers feeling safe and business booming

Jacques Nack, founder and co-owner of JNN Group Inc., may never be done growing his business. “Being an entrepreneur is just waking up every morning and trying to turn one dollar into two,” he says. “That means spending a lot of time finding value in the service you are offering, and making people understand that value.”

Fortunately, Nack’s services are invaluable. As a risk management, compliance, and analytics consulting firm, JNN Group helps companies protect important and sensitive data. 

“We found a niche working with companies that are about to go public or have reached an important milestone in business, such as their first major audit,” he explains. Typically, such companies don't have the staff to handle these important security issues internally, which is where JNN Group comes in. With the help of Nack and his team, companies on the brink of extraordinary change can feel confident, knowing their data—and their customers’ data—is protected. 

Perhaps as important as his technical expertise is Nack’s passion for business. To him, leading a company is a daily commitment to leadership and growth. He’ll never stop looking for new ways to provide value to his clients.

As the owner of a firm whose business is clients’ sensitive data, Nack needs secure, up-to-the-minute details on JNN’s books at all times. In order to provide that level of access and custom reporting, he decided to migrate from QuickBooks Desktop to QuickBooks Online.

How JNN Group made the move to QuickBooks Online

In the beginning, JNN Group used QuickBooks Desktop. Then, they hired an accounting firm to take over the books, and that firm moved JNN Group over to a different accounting software. Unfortunately, it wasn’t a good fit. 

Nack and his team needed a more efficient software that could provide a window into the company’s finances on a day-to-day basis. “Before we went to QuickBooks Online, it was very difficult for me on Monday mornings to know what our cash flow position was, even abstractly,” Nack says.

When the business’ bookkeeper, Carlos, came on board, JNN Group moved over to QuickBooks Online. Nack recalls the migration process being “fairly seamless” and reports being able to use QuickBooks Online within a day or two after signing up for it. He felt confident that all of the business’ key data was migrated as well.

Not only was QuickBooks compatible with JNN Group’s customer relationship management (CRM) platform, it made data entry a breeze.

“Data entry is extremely easy,” says Nack. “You can integrate with your PayPal accounts, your Stripe accounts, all those different things, and everything funnels into QuickBooks.** Your accountant is able to get the data entered very, very quickly.” Now, business transactions flow directly into JNN’s cloud-based QuickBooks Online account, and any Monday morning worries are gone. 

For about two or three months, JNN Group ran the business in two places: both in their old accounting software and in QuickBooks Online. “We reconciled the books at the end of the year and built a balance sheet and ledger and all of that. Then, we used the numbers on the balance sheet to create the new accounts moving forward.” After that, Nack says, making the transition was simple. “Eventually we took the training wheels off and stayed [on QuickBooks Online].” 

Now that he’s worked inside both QuickBooks Desktop and QuickBooks Online, Nack can attest that QuickBooks Online exceeds his previous accounting software experiences. He particularly likes that everyone—especially his accountant—can access the same information at all times because it’s stored in the cloud.  

“Everything is there. I can log in on my phone, pull it up on a laptop, work from home, or check it at the office,” Nack says. It’s a novelty that still hasn’t worn off.**

Attaching QuickBooks Payments to invoices with ease

“One of the things I like about QuickBooks Payments is how seamless it is,” Nack explains of his team’s in-progress move to accepting payments electronically using QuickBooks Payments.** 

“The average invoice we send out is typically about seven to eight thousand dollars. And with our [current CRM] platform, it's not a very smooth process to pay electronically by check.” As a result, Nack’s clients are forced to put somewhere between $7,000 and $30,000 on their credit card, which means huge fees for both them and JNN Group.** 

Once QuickBooks Online Payments is fully set up, JNN Group will finally have all of its invoices and payments in one place—both incoming and outgoing. “I've received invoices from my suppliers on QuickBooks [Online] and paid them quickly through QuickBooks as well,” says Nack. He’s looking forward to providing his clients with that same speed and ease of use, along with the option of reduced fees through ACH bank transfers.

QuickBooks Online saves time and gives business owners data-backed insights 

“One of the ways you provide and extract more value as a business is by making your own processes more efficient,” explains Nack. 

For instance, billing clients. 

“Accounting used to be a nightmare for me,” Nack recalls. But now that he and his bookkeeper are on QuickBooks Online, Nack says he can finally rest easy. “I know it's taken care of. I don't have to sweat about it, and I can think about other things,” he says. 

Nack can now use the time they spent chasing down invoices and reconciling transactions to provide added value to clients and grow the business. 

“At the end of the day, I’m a data science person. I can [use QuickBooks] to figure out characteristics of the clients we work with so I can look for similar clients and get more leads.” Nack uses QuickBooks Online to pull data like how much his customers are paying, what their average invoice amount is, and the average time it takes for a client to pay. 

For Jacques Nack and JNN Group Inc., value isn’t a quality limited only to the services his company provides. It’s ingrained in every fiber of the business, right down to the accounting software. Whether it’s making billing more efficient, mitigating fees for customer payments, or allowing Nack’s team of professionals access to critical business insights from anywhere, QuickBooks Online is there to help.

* Based on Intuit survey Jan 2022, amongst remunerated QuickBooks Online users who expressed an opinion, when they compared QuickBooks Online to their prior QuickBooks Desktop Pro, Pro Plus, Premier, Premier Plus or Mac Plus products. Survey did not include Enterprise customers.

QuickBooks Online features**

Third party apps: Apps may require a third-party subscription. Third party applications available on apps.com. Subject to additional terms, conditions, and fees.

Anytime, anywhere access: QuickBooks Online requires a computer with a supported browser (see System Requirements for a list of supported browsers) and an Internet connection (high-speed recommended). Mobile experience requires QuickBooks Online mobile app (access included with QuickBooks Online subscription), iPhone, iPad, and Android phones and tablets (devices sold separately), and data plan (subject to cellular/Internet provider network availability and occasional downtime). Not all features available on mobile app and mobile browser. Product registration required. 

QuickBooks Payments: QuickBooks Payments account subject to eligibility criteria, credit and application approval. Subscription to QuickBooks Online is required. Money movement services are provided by Intuit Payments Inc., licensed as a Money Transmitter by the New York State Department of Financial Services.

Pay-enabled invoices: Requires a separate QuickBooks Payments account which is subject to eligibility criteria, credit and application approval. E-invoicing QuickBooks Payments is an optional fee-based service. Additional fees may apply. Additional terms and conditions apply.