At Saffery we specialise in cloud accounting and digital solutions.
Cloud accounting has many advantages, including the ability to access financial information from any location (using any device with a web browser), the ability to set up dashboards to examine financial information, connect programmes so that they seamlessly sync, and the ability to transmit real-time data to your accountants in line with the digital record keeping requirements of Making Tax Digital (MTD).
We help you to use technology to improve the way you are working and transform your business.
Some of the benefits of using cloud accounting include:
Direct bank feeds can mean that reconciliations can take minutes rather than hours. Data capture software can read invoices, receipts and bank statements and convert them into transactions which can be published direct into the cloud software.
Products are aimed at business owners rather than bookkeepers, making it easier for them to access up-to-date information.
Some reporting is built in, and add-on products are available to provide a wide range of reporting options.
Built in functionality can make managing invoices straightforward.
You can give your accountant access to software at no extra cost, allowing fast and easy technical support and better advice.
Cloud products can be a good solution to the digital record-keeping and reporting requirements of MTD.
Pricing models mean that many businesses pay as little as £20 per month for software that is constantly updated, secure and hosted externally.
Making a move to the cloud can be an ideal time for you to re-evaluate what you actually need from your accounting system – there are many solutions on the market, each of which will offer different benefits and have different capabilities. Choosing the right software is an important step and may even help to save you time and money in future.
Saffery have partnered with the leading cloud accounting software providers, to ensure that we offer our clients choice and the best possible service when it comes to choosing the right software for their business.