cloud accounting
About the cloud
Think about when you use internet banking, every time you access this data, you are using the cloud. The cloud is a platform to make data and software accessible online anytime, anywhere, from any device. Your hard drive is no longer the central hub.
why do you need it?
Time to make a change
More and more businesses are moving to cloud accounting and seeing the benefits associated with these. But if you are still not convinced, check out some of our main reasons why you and your business could profit from a move to cloud accounting.
Save time with automation
Don’t waste time posting and chasing invoices. You can automatically generate invoices and reminders, meaning you won’t have to manually keep track of debtors.
Work from anywhere
Worry no more about maintaining spreadsheets or installing a programme on one computer. The cloud allows you to log in to your business’s account anywhere, anytime and from any device.
Value for money
Instead of paying a hefty one-off fee for accounting software, the cloud allows you to spread the cost with a monthly subscription via direct debit – helping you to manage your business’s cash flow.
Real-time business information
With the cloud, you can get an up-to-date snapshot of your financial position as automated bank feeds allow you to keep track of your business’s balance sheet in real time.
Secure data
As your data is saved on a secure cloud server, it is constantly backed up, so you do not need to worry. Even if your computer crashes, everything is still saved and easily accessible.
Intuitive and easy
Cloud software has been built with non-accountants in mind. The simple layout and helpful guides make it easy for people who do not have much experience of managing financial accounts.
Multiple users and permissions
If different people manage different elements of your business, it is easy to add multiple users and tailor permissions so people with specific job roles only see what they need to.
Instant updates
No need to wait for a new version of software to be installed, with the cloud everything is constantly updated by in-house developers and it is all part and parcel of your monthly subscription fee.
Easy collaboration
With the cloud, you can share your accounts with your accountant throughout the year and work together collaboratively. No more annual visits to your accountant with a pile of all your records.
The perfect match
“The cloud and accounting software are the perfect match – working with the cloud will give you a real-time overview of your business’s finances, improve collaboration with your team and save your company time and money. It doesn’t matter if you are a start-up business or a large corporation, the cloud is a platform to make data and software accessible online anytime, anywhere and from any device meaning you can always stay connected with your data and your accountant.”
Fiona Davey
Client Partner
Switching it’s easy
Looking to make the switch?
Your cloud accounting experts
Whatever your needs, we are here to advise you on the best cloud-based tools to suit your business’s needs. So why not embrace the cloud and help your company grow? There is plenty on offer to help you succeed.
To find out more, call the team on 01454 619900 or email cloud@dunkleys.accountants.
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