Online accounting offers users real savings in terms of both time and money.
Moving your accounting systems into “the cloud” might have been seen as a radical move only a short while ago, but now moving to an online platform with the help of an online accountant is becoming very much the norm as potential users see the benefits that such a partnership can bring.
Online accounting systems have the potential to provide more timely and accurate figures than their desktop based counterparts. Certainly based on our experience it looks as though the desktop based software products will soon be going the same way as manual ledgers and shoeboxes.
Obvious advantages of online accounting systems over desktop-based products are:
- Accessibility wherever you are
- No software to download or install
- No upgrade fees
- Support is usually included in the monthly fee
- Automatic backup of data
- Security levels much greater than those found on most PCs
Because of the simplicity, entries can be made much more easily and timeously, meaning that the accuracy of the figures is much better.
Consequently, the business has a much better handle on its finances, cash flow is improved and accountancy fees are lower.
We have researched the market and are either Partners or experienced users of the following, which we believe represent the best in terms of functionality, suitability and pricing: