Accounting software is now becoming extinct and is rapidly becoming replaced by software-as-a-service (SaaS) providers, which use cloud computing to provide easily accessible accounting tools. If you are behind the times and have not yet switched to a cloud-based accounting app, Xero offers a free trial to get you started. Here are five reasons why you should make the switch to cloud accounting apps:
1. No micromanagement
Cloud apps require less micromanagement as they are more intuitive than standard accounting applications. Xero is nowhere near as complicated as legacy applications and offer real-time bank feeds and invoicing, as well as expense tracking and financial reporting.
2. Grow your business
Xero allows you to easily look into your business performance levels and recognise where problems need to be fixed. It is perfect for small and medium business owners offering payroll, SuperStream, expense tracking, billing services and much more to help you grow your business.
3. Integrate with other software
Xero integrates with a range of add-ons to help run your business smoothly and effectively in every department. We offer set up and training in many Xero add-ons including: Workflowmax, Unleashed, VendHQ, ReceiptBank, Geo Op, and Deputy.
4. Work on an international scale
Cloud-based accounting apps offer the same features as legacy, desktop software. Due to the varying locales in business, accounting apps work with different currencies, languages, and rules best suited for your business. Many cloud accounting apps factor in international tax jurisdictions making financial reporting at tax time a breeze.
5. Variety to suit your business
There are a multitude of different accounting apps and software to suit your business. GetApp’s shows the Top 25 Accounting Apps, based on the last quarter of 2016. This analysis is based on user reviews, integrations, mobile app availability, media presence, and security. Take a look at the list to find the best app for your business.