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You’re my favourite deputy! How Cloud Accounting could be the right hand man you never knew you needed

Oct 2, 2019 | Blog

Ever considered that every business needs a deputy? Someone who they can turn to to help them? Woody didn’t realise but then along came Buzz. His best friend and someone he could rely on – he’s got a friend in Buzz!

Cloud software can be that deputy for your business. The Buzz to your Woody, the Mrs Potato Head to the Mr Potato Head! Helping you along the way and guiding you in the right direction.

The introduction of Making Tax Digital was a game changer for cloud software but meant at the time it felt like a grudge purchase.  However, it’s worthwhile taking a step back and realising the benefits that it can offer your business.

Here are the top 5 reasons that you should be in the cloud:

1) Get your books done faster

All cloud software can handle tasks that used to take up all your time. This includes sending out invoices electronically, tracking your debtors, preparing your VAT returns and reconciling your bank account.

2) Confidence in your numbers

All your data is stored securely and safely with no software storage issues. It can also remove the need to keep paper invoices and receipts as these can be attached to transactions. No more bags of receipts!

3) Anywhere and any device

Easy to access as they are all cloud based which means that you can work from anywhere at anytime. All you need is a Wifi connection.

4) Get paid faster

Link your software to a payment provider such as Stripe or Worldpay and customers can pay directly from the invoices you send out. Proven to reduce the time it takes for customers to pay you!

5) Give your accountant access

Add Woody’s trusted horse Bullseye into the mix and you have the perfect friendship! As accountants, we would have access to your live data and can work with you. From cashflow projections to measuring profitability, accountants are much more useful with current data instead of historic.

If you’re interested in finding out more about cloud software we have a wealth of information and experience and would be happy to talk you through any questions or queries you might have.  We’re also happy to provide training/demos to you and your team.  To find out more, please do get in touch – email graham.parker@condie.co.uk

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