Are you using cloud-based accounting software for your business?
Below we highlight 3 key advantages of using cloud software.
1. Have access to your numbers anywhere, anytime and have an up-to-date view of the business.
Using a cloud based system means that you have access to your figures anytime. This gives you flexibility and peace of mind as you don’t need to physically be in your office to check your cash flow and profit to date. When your data is in the cloud you’ve always got a completely up-to-date view of your current financial situation. This allows you to make better informed decisions about the financial future of your business.
2. Go paperless and declutter your office
We all know that keeping paperwork in order can be a real challenge. With cloud accounting you can import your information straight into your accounting software, moving your data straight into the digital realm. This helps reduce the risk of manual error.
3. Value for money
Instead of paying a huge one off fee for accounting software up front, with the cloud you can spread costs by paying monthly. The software is also updated and improved consistently without you having to do anything. This means that if things change, cloud software is agile enough to keep up-to-date in real time. In addition, unlike desktop accounting software programmes, these updates are free and included as part of your monthly subscription fee.
At Boraine Consulting, we use cloud based accounting software to help our clients maintain their financial records.
Boraine Consulting provides accounting, tax and consulting services to assist SMEs with growth and business challenges. If you’d like a consultation, email us at firstname.lastname@example.org