It is coming to the end of the financial year and if you’re about to hand your accountant a shoebox full of receipts and expenses, can you really be certain that any haven’t fallen through the cracks?
All serious business owners should be moving away from the shoebox and spreadsheets and keeping their books on computerised accounting software for a holistic and secure management of data. If you haven’t already taken advantage of the benefits, here are six reasons that will quickly make you change your mind:
Save time with organised files and Ezifeed
All your financial information is stored so you do not have to waste time trying to find a receipt or lost invoice. Data entry is more efficient. When reconciling your bank transactions, features such as ‘memorise and process’ will save you time and money. You can automatically receive your bank data using Ezifeed to cut down time and errors which occur with manual entry. Your accounting hours will be reduced and you can concentrate on focusing on your core business functions or spending time with the family.
Reduce errors with bank reconciliation and transparency
Maintain accurate financial records when you reconcile your bank account on computerised software. Generate helpful, high level reports like profit and loss without manually entering and generating by hand – or forgetting to include them.
Keep track of your business performance with reports and budgets
Have clear exposure over how your business is running at the click of a button. Good accounting software will also allow you to compare the previous year’s data for this year’s budget. You can produce reports and budgets to plan for the future and monitor your progress along the way.
Save money with improved cash flow
As well as avoiding mistakes which could result in tax penalties, transparency over your invoicing and payments will improve your cash flow. Tight and accurate record keeping may even identify more deductions to claim.
Access from multiple devices with CashManager Online
Wouldn’t it be nice to attend to your finances without being stuck at your desk? CashManager online offers you the option to access your accounts from any device, anywhere you have an internet connection.
Designed by the accounting experts
Accounting software was designed by those who understand accounting so in a nutshell, everything makes sense.
If you are ready to move your finances to a secure accounting software, contact CashManager and we’ll be happy to help.