So, you’re keeping records and producing regular accounts – but do you know how your business is really performing based on that information?
Preparing your accounts isn’t just to keep the tax man happy, it’s about understanding your business – and through the smart use of cloud accounting software, you can get a clear picture of where you stand.
So let’s look at cloud accounting software and why it not only provides a solid foundation for your business decisions but allows you to really understand how your business is doing.
Get a clear picture of your business
Without a cloud platform, you’ll struggle to maintain a clear understanding of how your business is actually doing.
Whether that’s through a dedicated page view set up specifically to find your results instantly, or a deep-dive search to look for a key piece of data, cloud software gives you the power to find what you need.
You’ll get a completely up-to-date view of your finances, letting you make big financial decisions on the fly.
Access from anywhere in the world
Before cloud accounting software, it was nigh on impossible to know how your business was doing at any given moment. Especially in a sales-driven environment, it’s vital to know what’s going on whenever there is a change.
With cloud accounting software and connected mobile apps, you can now access your figures and information anytime, anywhere.
You can share your data across departments and branches all with access to the same data. This removes the issues we’d see in the past, where everyone struggled to stay on the same copy of a document.
The peace of mind and flexibility will be invaluable to your business. You won’t think twice about making decisions as soon as you can. You won’t even need to be in the office to check your cashflow or access your accounts.
No hidden costs
Monthly fees mean no massive upfront payments, giving you a regular repeatable payment to manage.
All of the updates to the software will be included in the package, so there’s no additional support cost.
It’s the little things that add up and save you countless hours and thousands of pounds in the long run.
Paperwork is the bane of any business owner’s life. Cloud-based software does away with all of that, allowing you to import invoices, expenses and receipts with ease. Everything will be added to the system efficiently and will allow you to see how your business is doing at a glance.
You won’t have to worry about manual errors ruining your day, and you’ll stay well on top of your numbers.
Stay backed up
Saving the best till last – cloud accounting is vital for keeping everything you hold dear backed up.
Get rid of your old servers, hard drives and clunky outdated systems. When everything is backed up in the cloud, you’ll be able to access your important files wherever you want and rest easy knowing that they’re secure in data servers miles away.
Get in touch to find out how we can help you find out more about your business.