The last few years have seen a dramatic growth in the use of “Cloud Computing” technologies. One area which has benefitted greatly from this concept is small business accounting software.
How does it work?
The traditional method for keeping books and records on computer has been via the purchase of an accounting package and installation on either a desktop or laptop computer. On-line accounting solutions allow the user to pay a monthly subscription to access their software and data online. The great advantage of this is that it allows the user to access their data from any computer from any location thus avoiding the necessity to go back to the office to access the accounts. Other advantages include the elimination of software upgrades, constant backups, security and anti me access for your financial advisors.
These packages use connective technology to provide “real time” access to client bank accounts. The bank statement is uploaded into the data file on regular schedules. This enables users to monitor customer payments when it suits them. Additionally, they are able to match receipts and payments against their accounting entries and monitor cash flow.
For small businesses which need flexible access to their accounting data these software as a service (Saas) solutions are ideal. Follow the links to take a look at the online options available or call Ian and Leanne now to discuss your requirements.
As professional partners with all three of these solutions, TNG is ideally placed to assist matching you with the best option for your business. We always recognise that one size does not fit all. Talk to us today and we will ensure that your online solution will provide you with what suits you best