Cloud Accounting: True Business Potential for SMEs

Cloud Accounting

As we are waist-deep into the digital age when it comes to business operations, SMEs constantly play catch up with new and emerging technologies that help their businesses move smarter, faster and clearer.

Cloud computing has become one of the most prominent transformative tools for SMEs, restructuring ways management and financial data are used and enabling accountants and bookkeeping services to deliver their services more efficiently and effectively.

Accessibility and Collaboration

With cloud computing, businesses gain instant access to their financial data at any time and place with an existing internet connection.

The accessibility is of great advantage for business owners that operate from multiple locations, run remote teams or have employees who travel as part of their role. With real-time collaboration features, business owners can facilitate seamless teamwork with bookkeepers and accountants – making financial management simple. It is hugely advantageous for report sharing and decision-making essential to business growth.

Data Security

The security of financial data is a worldwide concern and classed as one of the most crucial factors in business operations. Cloud accounting provides robust security measures to maintain that security measure.

Reputable cloud computing platforms have higher levels of encryption, secure servers and regular data backups that safeguard all sensitive information against any intruder party trying to gain access – and any potential loss and damage.

Saving Money

Cloud accounting is a benefit in eliminating expensive on-premises hardware and software installations. These upfront costs for businesses can sometimes be very substantial.

With cloud accounting, business owners can subscribe on a pay-as-you-go basis, scaling all usage up or down as required. It also saves on IT infrastructure maintenance and upgrades as this would be handled by the cloud service provider.

Automation

Cloud accounting platforms seamlessly integrate with other business applications, including payment gateways, payroll systems and customer relationship management (CRM) software.

The integration enables a smooth flow of data between systems whilst eliminating manual data entry and errors associated with it. Cloud accounting offers automation features like recurring transactions, invoice reminders and bank feeds that save time and streamline the business’s financial processes.

To discover more about cloud computing and bookkeeping services in Manchester, contact the friendly team at Pebbles Bookkeeping today.

What our clients say…

Only The Brave have used Pebbles Bookkeeping for a few years now and we treat them instinctively like an integral department of our business.

I have worked with Sean for over two decades in my previous businesses and when Sean and Diane went on their own it was a no brainer to get them involved with our day to day accounting.

Pebbles manage our bookkeeping, expenses, credit control and PAYE and have a keen eye for detail and help us spot important financial matters before they become issues.

Their integrity and honesty are unquestionable and as a result, Pebbles are an asset to our business and will continue to work with us for many years to come.

Nick Aldrich, Only The Brave

“In bringing Pebbles onboard, it has made me wonder why we decided to try and do our own bookkeeping at all. Pebbles came in and sorted 18 months worth of mess we had unwittingly created, and we cannot be more grateful. I wish I had been told about them years ago and I hope every business out there struggling would give them a call to fully see the benefits they are missing out on.”

Sarah Rekia, Site Welfare

A massive thank you to Diane at Pebbles Bookkeeping & HR. You took the huge stress away from where do I start, with employee policies etc. You have created us a great, informative employee handbook, covering all necessary policies and risk assessments in a matter of no time and from the other side of the world too. I will definitely be in touch for any future help our company needs.

Lisa Heggie, The Gunnery

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