Gone are the days of taking your paperwork or computer file to your accountant at the end of the year; digital accounting tools allow you to see exactly how your business is performing in real time.
There will be times when you need to know exactly how much money you and your partners or directors can take out of the business, and you can’t always wait until your year-end accounts are done. That’s why we recommend using cloud-based accounting and bookkeeping tools.
As tech-savvy accountants we love working with software, so it will be a pleasure to help you digitise your financial processes. Our digital accounting services mean you’ll benefit from time and cost savings and greater accuracy, scalability, data security, collaboration and productivity.
Digital Accounting Services
Streamlining your accounting processes has never been easier thanks to the latest apps and automation – but the choice can be overwhelming.
When moving online, it’s easy to make mistakes. Many businesses purchase software that doesn’t grow with them, meaning that shortly after they’ll have to repeat the search for another programme and potentially migrate data. On the other hand, some businesses select software with all the extras but do not use most of the features, despite still paying for them.
We’re here to guide you through the high volume of options available to help you avoid making these mistakes. Together, we’ll examine your processes and operations and identify opportunities to increase efficiency (do manual data entry systems and chasing unpaid invoices sound familiar…?)
Once we know what you need, we’ll look at the software options and their associated apps to decide on the best option for your business. Our goal is to save your business time and money while giving you a real-time window into your company’s performance.
To find out how the latest innovations could help your business grow, contact our apps and automation team today.
Many businesses now use cloud-based software to manage their accounting and finances.
Why? Because data stored in the cloud is available whenever you need it, 24/7. It’s also regularly backed up, saving you the worry and hassle of making your own accounting software back-ups.
Cloud accounting with Benson Wood gives you:
Access to your financial records from anywhere (with internet access)
No upfront costs – you pay a small monthly subscription
No software updates to worry about
Information directly imported from bank transactions, reducing time spent on data entry and reconciliations
Real-time cash flow information
Flexible records so you can extract the most useful management information
You can also allow us access to your accounts so we can keep your records under review or view them at the same time if you have a query or problem.