Papers, papers everywhere! They get lost, they deteriorate, the info thereon gets outdated and they slow down your business.
So whether you are environmental-friendly or just want to save time and/or money, you know that this can’t go on forever and it is about time businesses completely move to the clouds.
And today we are going to tell you why online accounting solutions and their complementary add-ons are the best decision you could make.
Online accounting software is entirely cloud-based, which means all of your data are saved to several super-secure, bank level encrypted servers. Therefore, in case of a computer crash, you just have to access your account from another device and you can continue where you left off.
All accounting solutions, and even Google Docs and Dropbox, work like old dusty bookshelves—but in a more efficient and tidier way.
A great advantage of digital documents is that they can be copied, transformed, updated, stored, retrieved, indexed and searched faster. Plus, thanks to the sharing option, you and your co-workers can work simultaneously on one document.
And let’s not forget that keeping your documents in the cloud means tidier office.
If you can create documents in the cloud, that means you can send them using your software, arriving to your clients within seconds. Furthermore, thanks to tracking systems you can actually see the status of your documents, so you will know when it is the time to send that payment reminder to your client.
You don’t need to wait for the client’s check to arrive as you have the option to turn on the quick payment feature which allows your clients to pay the due amount immediately to your bank account. Faster payment works the other way around as well: if your software is able to track the working time of your employees – or if it has such an add-on – and it can handle payroll too, you can quickly calculate salaries and initiate the payment process at your bank. In other words: goodbye checks, hello bank remittance!
If your bank supports integration with your software, you can also stop receiving paper-based bank statements as well, because they will be stored in your accounting solution! And the best thing is that you don’t have to wait for the next bank statement to arrive via snail mail, as every single transaction is recorded by your software in near real-time.
Each document you upload will be duly processed and then will be used to create professional business reports which you can either send to your accountant or, better yet, allow access to him/her so you can continue working while reporting is done.
You don’t need to bring papers with you in a briefcase anymore, as your documents can be viewed, modified or sent anywhere, including a different computer or a mobile device. So if you want to save time or have an urgent matter to attend to, you and your employees can still continue working.
Best Reviews may receive compensation for its content through paid collaborations and/or affiliate links. Learn more about how we sustain our work and review products.
©2012-2024 Best Reviews, a clovio brand –
All rights
reserved
Privacy
policy
·
Cookie
policy
·
Terms
of use
·
Partnerships
· Contact
us