You can get access to your financial data anytime, anywhere with a cloud-based software program. You don’t need to worry about wasting time with downloads and updates that come with regular software because the cloud is hosted remotely. This system can give you the flexibility to not have to be sitting in your office to access your accounts or check on your cash flow.
People. Process. Automation.
Designed to help take your business to the next level, Ampersand Accounting streamlines everyday functions, delivers real-time information, and provides key support from experienced professionals. It’s a unique combination of professional and technological resources that provides excellence in core accounting and financial management and an exceptional range of business advisory services.
In recent years and in light of the pandemic, there has been a major push for what the industry calls cloud accounting firm. But how does this differ from the traditional model?
ACCESS YOUR FINANCES ANYTIME FROM ANYWHERE
GET AN UP-TO-DATE VIEW OF YOUR BUSINESS
You can get a complete up-to-date view of your current financial situation when your data lives on the cloud. This will help you make informed decisions about the financial future of your business. If you were using a traditional method of accounting, you would have to scroll through pages information only to get to out of date reports.
SAVE TIME WITH AUTOMATION
With most cloud-based accounting programs, you can automate your workflow to save you time.
MAKE COLLABORATION EASIER
Using a cloud-based accounting software program makes it easier for you to collaborate with your accountant. The cloud makes it easier for you to generate reports that your accountant might need from you. You also have the option of giving your accountant access to the software, so they can access your numbers anytime they need to.
IMPROVE THE ACCURACY OF YOUR ACCOUNTING
There are lower risks of accounting errors with cloud-based accounting software because all the relevant financial information is all entered in the same place. If you’re entering expenses and income on a regular basis and are categorizing transactions, you can pull up an accurate report at any time. You don’t need to know different accounting practices, formulas or shortcuts as you would if you were using an excel sheet.
NO INSTALLATION REQUIRED
Cloud-based accounting software is hosted online, so you don’t need to buy a program to install on your computer.
Unlike other software programs that needed to be installed with individual licenses on each computer, access to the cloud is available on a web browser or mobile app where you can log into the account. You will also save money on an in-house IT team to do things like upgrade software or deal with other technical issues.
ACCESS TO TECH SUPPORT
A major benefit of a using a cloud-based accounting software is the access to tech support.
You can access tech support via telephone or chat and get instant access to technical professionals available to help you with any issues you might have with the cloud-based software. This can save your company time and money by not having to employ an in-house IT representative to deal with the software.
GO PAPERLESS AND DECLUTTER YOUR OFFICE
When you’re handling your finances, your paperwork can add up and become quite a challenge.
Filing through expenses, receipts and invoices can be quite arduous. With a cloud-based accounting, you can import the data from your paperwork straight into the cloud. Moving this data into the software will give you an easier real-time view of your finances without flipping through papers. This will help you minimize the risk of manual errors or losing important data and result in a more efficient method of managing your finances.