What Is Cloud Accounting?
In simple terms, cloud accounting is the most effective way of accessing your accounting software from a web browser without having to install any software. If you already use online banking then you’ll find the benefits of cloud accounting easy to appreciate.
A Clear Overview Of Your Practice All In One Place
By having a software which operates from one central hub, rather than individual computers, you can get a clear overview of your team’s work, your clients’ accounts and key information about your business at a click of a few buttons, from any device in any location in the world. Best of all, the information (including billing) will be up to date and accurate!
Increased Efficiencies & Reduced Costs
Cloud accounting allows for data to be uploaded directly from clients’ bank accounts, eliminating the need for manual data entry and potential inaccuracies. Multiple data files shared between your team will become a thing of the past. They can share files real-time, ensuring they are working on the latest version of a clients’ accounts.
Clear Accountability & Resource Management
Information about your practice, client accounts, team work flows, deadline calendars and so much more are accessible online anytime, anywhere, from any device – ultimately giving you a single view of your business.