XERO & Cloud
Put simply, Online or Cloud accounting is a means of accessing and processing your accounting data over the internet, rather than installing and running it on your computer.
Your accounting data is securely stored in the Cloud, rather than on a hard drive, which gives you the benefit of access from anywhere, any time, using multiple devices including your desktop and mobile phone. Even better is there is no longer the need to take backup’s of your files, thanks to automatic data backup and storage at multiple secure offsite locations.
Choosing the right software
There are numerous software packages on the market, like Xero, which makes the decision-making process quite confusing. Here at Shakespeare Advisory Group we can guide you through this process by assessing your needs and offering the ideal recommendation for you and your business.
Key considerations about software packages include your ability, the size of your business, payroll obligations, reporting functionality, debtor & creditor requirements, the need for inventory, invoicing, and the ability to work with existing software you have or future software requirements.
Certainly some of this new software is very intuitive and there are some remarkable efficiencies to be gained by making the switch, including freeing up your time. We believe the biggest advantage is the availability of up to date data which enables you and our team to make better informed decisions to suit your needs.
If Cloud Accounting interests you, please contact our office for a free introductory consultation and assessment where we can discuss your needs and queries.
How We Can Help
How we can help your business?
At Shakespeare Advisory Group we will not force you into any particular type of software. Our role is to arrive at the right decision for you by navigating the process and deciding which software is most appropriate for you. This will be done by sitting down together for a thorough assessment of your ability, needs, and future direction.