Cloud accounting has created a revolution in the world! Known as online accounting, it is a vital process to complete accounting tasks online with help of web-based applications.

With hosting services, Cloud accounting software makes it easier to run a business and access the company data. Cloud accounting has many advantages over traditional methods and here is why:

1. Access Cash-Flow and Vital Information in real time wherever you are in the world
2. Clear Reporting with Real Figures
3. Speed up the payment process. Automatic Reminders and Invoices can be sent in real time via Email.
4. Pay For What You Use – different subscriptions depending on the requirements of your specific business
5. Less Paperwork and Storage Requirements – Software can hold electronic records
6. No need to spend on IT infrastructure – a subscription based model with no need for servers or capital outlay
7. Automatic data entry – bank statement data gets electronically sent to your accounting file
8. Real Time information allows you to look at accurate up to date data to help support business decisions

Cloud accounting allows business owners to pay for what used to be a capital cost for IT equipment and software over equal monthly payments and includes the benefit of always having the latest up to date accounting software.

Cloud accounting extends beyond just accounting software and includes payroll, job management and everything in-between to form the complete package for any business.

If you feel you could utilise cloud accounting solutions in your business, contact us to discuss what software options are available to best fit your business model.

You can either contact Andrew Pryce This email address is being protected from spambots. You need JavaScript enabled to view it. or request a coffee and we will be in touch to arrange a suitable time to meet with you.