If you’re an SMB, 2014 is your year to adopt the latest accounting innovation: cloud-based bookkeeping.
Why?
The biggest (and smallest) in accounting solutions are all announcing innovative improvements and advancements to their cloud-based accounting programs.
Cloud-based accounting companies like Intuit and Xero are promising that even the most complex bookkeeping and accounting needs of growing businesses like yours are serviceable by cloud-based accounting applications.
Historically, SMBs were lucky to have their data updated daily, especially if their bookkeepers were working part-time. Now, with cloud-based accounting solutions, you may access any financial records or data files in their most current stage, wherever they are located.
Cloud-based bookkeeping is this year’s biggest trend because it delivers the real-time accounting solutions expected by today’s savvy business owners. If you’re making crucial daily business decisions, then access to complete, accurate and real-time financial data is paramount to your success.
For example, the success of an ecommerce business hinges on the accuracy of its inventory management and material reports for invoices, freight costs, payments, chargebacks and returns. Accurate, real-time and complete key business data helps the business owner make agile decisions on a daily basis that directly affect future success.
With cloud-based accounting, you may access your critical financial data from anywhere. This means that traveling, business meetings and time out of the office won’t separate you from the real-time data you need, so your business experiences zero interruptions.
This year, cloud-based bookkeeping is integrating financial tools that desktop users are accustomed to right in the cloud-based accounting solution. Once this is accomplished, it provides you with an all-in-one, turnkey solution for accessing, managing and reviewing your critical financial data to make smart business decisions on a daily basis.
Ready to learn more about the benefits of cloud-based accounting for your business? Contact AccountingDepartment.com at 1-888-858-9919 to schedule a free 30-minute consultation with one of our Accounting For Excellence team members.
