Years ago, if you decided to purchase some accounting software for your small business it meant a trip to the nearest business supplies store and grabbing a not-so-cheap CD-ROM package. While it may have been a few hundred dollars up front, not a problem – the thinking was that you would stay with the software for the next few years.
Today, that’s no longer the case – or at least it shouldn’t be.
Technology is rapidly reshaping the world we live in on a constant basis and accounting software is no different.
The accounting software industry has undergone a revolution in the last few years as cloud accounting becomes the norm. Innovative accounting software companies are constantly improving their service offerings to add value to small businesses.
Shifting to cloud accounting software is not a one shot deal. Perhaps you invoice from your laptop but could be invoicing on the spot with an Ipad app? Or maybe you’re using online invoicing but are still manually entering receipts when you could be using an automatic scanning service?
Revisiting your accounting software to identify areas where you can improve the process will save you time and money down the road – enabling your business to become more efficient and facilitate growth.
So how do you stay on top of it?
That’s where your accountant can come in handy. Your accountant isn’t just a numbers guy anymore – accountants have the power to add tremendous value to a business by understanding the latest developments in accounting technology and improving a client’s system.
The thinking has changed – accounting software is no longer something you purchase out of a box and sit on for the next few years. It’s something that you revisit on a constant basis. By using powerful cloud accounting software and relying on an accountant who understands the technology– you can stay ahead of the curve and ensure your business remains dynamic and continues to grow.