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10 ways online accounting software beats desktop packages

3rd Apr 2014
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If you want the best all-round accounting service for your business, provided at an affordable rate, then there really is nothing more appropriate than making use of online accounting software.

There are a number of reasons why online software proves superior to desktop packages, and below we highlight ten of the most pertinent:

1.       Cloud storage: With all your records stored online, there’s no need to invest in costly backup or storage solutions. You can sit back, safe in the knowledge that there’s no risk of your data being lost through fire damage.

2.       Remote access: Save time by working with your clients remotely. With remote control accounting available from anywhere you could literally view and update your records at the pub or on the beach!

3.       Security:  Your accounts data is stored by the software host on secured, monitored and regularly backed up servers. With data security of paramount importance, your accounts can be as safe as your online banking.

4.       Year-round access: Online access to your records 24/7/365 means that you can review your financial standing any time, any place.

5.       Cost: For the small business owner, the most obvious benefit is the low cost of online accounting. Unlike most desktop software packages, online accounting apps require no significant upfront payment; many even include free trial periods.

6.       Productivity: Paperwork can often render even the strongest of wills into fits of distraction. With no paperwork to fill out and much of the work automatically filled-in, keeping productivity levels high has never been simpler.

7.       Accuracy: Mistakes made by manual calculations can lead to substantial losses. Using online accounting software helps to reduce these errors and save you money.

8.       Compatibility: Online accounting systems nullify the effect of compatibility errors between, for example, your own PC and your client’s Mac.

9.       Space-saving: With no need to install huge files or store years of records on your computer, online accountancy software offers the benefit of not occupying gigabytes of data on your system.

10.   Mobile-optimised: More and more of us are choosing to work on-the-go. With mobile optimised software at your fingertips, you can view your accounts from the littlest to the largest of screens with equal ease and comfort.

Whether you’re an SME, bookkeeper or accountant, the above reasons – and more besides – highlight why you should switch to cloud-based accounting software today.  This article was written by Liquid Accounts – award winning online accounting software designed specifically for SME’s, accountancy practices and bookkeeping firms.  Should you wish to trial Liquid Accounts free for 30 days please visit www.liquidaccounts.com or call 0845 450 7304.

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