The accountancy landscape is being transformed by the tech revolution. HMRC’s "Making Tax Digital", though delayed, will be upon us soon and requires businesses to keep digital records. Are you aware of the benefits of cloud accounting for both you and your business?
Here are seven benefits of cloud accounting:
- Real time overview of your current financial position and cash flows - accessed online from any location on a mobile device or tablet;
- Automation of daily bank feeds;
- Cost savings for your business;
- Automatic updates from the software provider;
- Multi user access to help you collaborate with your colleagues and accountants;
- Your accounts are backed up automatically on a secure server;
- Sector specific add-ons allow you to link other digital platforms directly with your accounts.
Our team at Creaseys can help you find cloud accounting solutions tailored to the particular needs of your business.