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Is handling your finances eating up too much of your time? How long does it take you to struggle against your disorganised books? Are you finding it difficult to focus on other aspects of business management because of finance and accounting?
Maybe it’s time to look into acquiring cloud consulting services. The cloud allows data to be stored online and accessed from anywhere with an internet connection. Many small business owners consider this an attractive alternative to manual bookkeeping. All your financial data can easily be retrieved using any computer or internet-enabled device, at any given time and place.
The cloud is the perfect way to save the most valuable resources for you and your business - time and money.
Australia is one of the world’s top users of cloud accounting services, with Xero as its most widely-known app. The Xero accounting software package is designed specifically for small businesses and their accountants. The real-time financial information it provides allows business owners to focus on business improvement and growth while Xero takes the load of bookkeeping off their shoulders.
If your small business aims for growth and success, cloud consulting services can make the process easier for you.
The Xero accounting software erases the stress that manual bookkeeping and lodging bring to business owners’ everyday lives. Your business’s accountant will find it easier to do the following, with the help of Xero:
- Lodging – Automated daily bank feeds
- Reconciling bank statements – Accounts receivable invoicing
- GST computations and reporting — End of month management reporting
- Budget and variance reporting – End of year financial statements
- Contact management and fixed assets – Expense claims
Your business requires you to know which aspect of the operations to prioritise at various—and sometimes surprising—times. Your schedule should allow you to be flexible enough to ensure that the systems in your management are all running smoothly. However, business financial transactions can be too complex and time-consuming that you struggle to keep all areas of your business equally well-managed.
Cloud accounting software, specifically Xero, can make it easier for you to view your bank balances, invoices, bills and expense claims, and cash flow projections anytime and anywhere with internet access. You will also be able to collaborate with your accountant, bookkeeper, customers and employees online to discuss your financials. To protect your financial data, you can easily control who you invite and what they’re allowed to view or access.
If your business requires the same approach as every other business striving for success and efficient services and operations, the way of the cloud is the only way to go. As long as having an internet connection is not a problem for you and you don’t find the digital world too foreign, there’s no reason for you to not allow your business this breath of fresh air.
You know your business needs cloud consulting services. Why not acquire the Xero accounting software now?
To learn more about cloud accounting and the many wonders it can do for you and your business, download our eBook, “Revamping your Business finances with Cloud Accounting.”