Why you need to use Online Software?
When we take you through the process of onboarding you as a client, we will establish what software we need to set up and install for your business.
This is important because all the services that we give will flow through these systems and will enable us to have a more collaborative relationship as your accountants.
Connect in real time
The setup of the accounting systems will allow us to give you up to date information about how your business is performing now. We can connect the software to your bank and get daily updates from your bank account and connect in Receipt Bank and be able to process all your expenses and bookkeeping efficiently. This will also save you time and allow us to work on your accounts without interruption.
Once we are processing your accounts in real time we can use this to help you make better decision about your business, you are looking at the current performance of your business and not performance that is nine months out of date if you were looking at the last set of accounts.
“Once we are processing your accounts in real time we can use this to help you make better decision about your business, you are looking at the current performance of your business and not performance that is nine months out of date if you were looking at the last set of accounts.”
Forecast in the present to prepare your future
A step up from that information would be if we used the current information and trading performance of your business and used that you try to predict the future trading performance of your business. In this forecast we can also prepare different scenarios, for instance if you are starting a marketing campaign or if you are about to a take on a very profitable customer.
That is more beneficial because you are looking at what your performance will be in future not now and we can establish if you need help with working capital or if indeed you can invest further in your business by buying equipment or taking on more staff.
The online software is therefore the foundation of being able to process the financial information for your business, once we have that in place, we can help you look to the future and help grow your business. Of course, we can do all the accounts and tax returns that you expect from an accountant, and we are good at doing that and have been doing that for the past twelve years.
Time in your hands
But there is also a lot more that we can do to help you and your business. We are passionate about helping you grow your business and be successful, it is in our DNA and we want to go on that journey with you.
Once you have the right systems in place it will also make running your business a lot easier, you will be relieved from having to spend your weekends getting your books in order to send to your accountant. You will have a better business and more time to enjoy the rewards for your hard work.
If you want to know how we can help with this process please do not hesitate to book a call with us and we can guide and help you set up your online accounting systems.