Cloud Accounting Is Good For Business

If you want your business to work smarter and faster, cloud accounting software is a wise investment.

Working in the cloud will give you a better overview of your:

  • finances
  • improve collaboration

You can use cloud-based software from any device with an internet connection. Online accounting means small business owners stay connected to their data and their accountants. The software can integrate with a whole ecosystem of add-ons. It’s scalable, cost effective and easy to use.

In the cloud, there’s no need to install and run applications over a desktop computer. Instead, you pay for the software by monthly subscription.

Problems with traditional accounting software:

  • The data in the system isn’t up to date and neither is the software.
  • It only works on one computer and data bounces from place to place. For example, on a USB drive. This is not secure or reliable.
  • Only one person has user access. Key people can’t access financial and customer details.
  • It’s costly and complicated to keep backups (if done at all).
  • It’s expensive, difficult and time consuming to upgrade the software.
  • Customer support is expensive and slow.

The cloud is a platform to make data and software accessible online anytime, anywhere, from any device. Your hard drive is no longer the central hub.

We recommend sourcing a local accounting service provider for the best outcome.

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If you plan to buy a product or service for your business in the next 12 months please complete the form below.