Can I benefit from using Online Accounting Software?

6 years, 1 month ago by Oliver Atkinson

There are a variety of cloud based accounting software solutions that have been designed for the small business user.

Can I benefit from using Online Accounting Software?

Accounting software has moved on in great leaps and bounds in recent years and is far removed from old PC based systems. There are a variety of cloud based Accounting Software solutions that have been designed for the small business user. The data is held in the cloud so that it is accessible online anytime, anywhere from any device, allowing you to create invoices and view your businesses performance.

Benefits of Online Accounting Software

• Data is more secure
• Your accountant can access the data in real time meaning they can be proactive ensuring that decisions can be made based on up to date information
• Time is saved via intelligent reconciliation tools and regular online updates
• Subscriptions are generally cheaper than the traditional accounting packages
• The convenience of being able to access your accounts or invoices on a mobile device such a mobile phone or tablet can make the difference between securing a sale or not
• Add-ons to the basic package can make the software work for your business

More traditional Accounting Software often is often not updated regularly and as the data is stored on one computer it can be unsecure and suffer from reliability issues. There are many software packages on the market, the largest being Xero, QuickBooks, Kashflow, Clearbooks and Freeagent. Atkinsons have over 100 clients using Xero meaning we are a ‘Gold Xero Partner’, should you be interested in a demonstration please contact a client partner.