Cloud based accounting solutions have become mainstream for businesses attempting to cut costs through outsourcing bookkeeping functions. Find out why your business should use cloud based software from Melbourne’s bookkeeping professionals, Direct Management.
Benefits of Cloud Based Accounting
The major benefit of cloud based accounting in the immense savings you can make for your business. Servers are very expensive pieces of hardware to operate, let alone the software that comes with them. They also require cool rooms to operate due to their intensive energy usage. Cloud based software can also help you save on energy costs as well as save valuable office space.
How Can Direct Management Help You Move Into Cloud Based Accounting?
Direct Management operates with the goal of challenging accounting norms. We embraced new technological options and setup cloud operations to help businesses throughout Melbourne. Through outsourcing bookkeeping and accounting functions to Direct Management, hundreds of businesses have benefited from using cloud based solutions.
Cloud based accounting offers real-time solutions, utilising cutting-edge software to gain immediate results. Therefore, if a transaction has occurred, we will quickly process it and given you have internet connection, provide real-time monitoring on the transaction. At close of business, you will know exactly what your incoming and outgoings were, and this gives you a precise picture of what is happening with your transactions.
This provides business owners the potential to make timely and informed decisions regarding their operation. As the data collection is processed in real time, you can also compile half-yearly and yearly repots on-the-go. Therefore, when lodgement time comes around, all we have to do is check that the information is correct, in order and ready to submit. This is opposed to starting a whole operation from the start.
Because we use the cloud and software, we can also scale our service up or down to suit our individual clients’ requirements for factors including things like seasonality. We also provide automated payroll through cloud.
Incredibly Accurate, Data-Based Reporting
Cloud based accounting software allows much more than monitoring incomings and outgoings. The software utilised by Direct Management can produce specific data reports which are then analysed by our professional accountants. They are then amalgamated into simply-to-read business insight reports. These reports can assist your business with traditional operation problems including budgeting, cash flow management and forecasting.
Choose a Reputable Provider
It is imperative that when moving to cloud computing that you find a service provider who will ensure that you receive a tailor-made solution for all of your business requirements. You need to keep data recovery, data security and multiple failsafe backups in mind when selecting a provider.
Direct Management provide all of these functions of cloud based accounting. We will ensure that your data is accurate and secure. We believe that cloud based accounting and bookkeeping is one of the most exciting advancements in accounting software, and believe businesses should be seriously considering making the switch.
If you would like to find out more about our cloud based services, feel free to get in contact with our friendly team of accounting professionals. We are committed to providing an exceptional standard of client service and will be happy to answer any questions you have regarding cloud based accounting with Direct Management.
Call us on 1800 15 33 70 or submit an enquiry form on our contact page and we will get back to you with all the information you require.