Why software is the bookkeeping partner you need
Whether you're an accountant in practice or holding down the fort in-house, having reliable, accurate books forms the bedrock of what you do. And, while you’re focused on financial decision-making, advisory work, or compiling reports, you need an excellent bookkeeping partner to take care of them for you.
You won’t be surprised to hear that we firmly believe that’s where tech can come in to help. Let's explore how software can be the game-changer you've been waiting for.
Getting the basics right
Starting simply, you need a software partner that can get the basics right to make sure you and your clients are as connected to the health of the business you’re working with as possible.
Good bookkeeping software features include cash flow and budgeting tools, so you can stay connected to the bottom line and anticipate any pinches; a sales and purchase ledger, where you can use templates to simplify raising invoices; the ability to import trial balances, using CSV templates; and a VAT submissions function, so you can prepare, analyse and submit returns - all at the click of a button.
Finally, connecting bank feeds means you’ll have real-time transactional data pulling through to your software automatically.
Next, it’s all about the different views that bookkeeping software can offer you.
You’ll know the data’s correct as it’s pulled through, but being able to reconcile all transaction data across a range of clients - presented visually in a banking dashboard, for example - can give you a useful overview of the complete picture.
Using software, you’ll be able to produce client-friendly charts and reports, set up templates to save time repeating tasks, and customise the way in which your overall data is displayed, so you can make sure it’s as fit-for-purpose as possible.
Integration where it matters
Making use of software facilitates collaboration across the board - whether that’s with clients, members of your team, or through integration with your broader tech stack.
Look for bookkeeping software that lets multiple users collaborate on the same financial data in real time, and you’ll banish version sharing or information crossing paths by mistake forever.
It’s important that your bookkeeping software also integrates with any other tech you’re using, too, so that your data auto-updates across any modules or platforms.
Access anytime, anywhere
Obviously, we’re big advocates of the cloud here at Capium - and that’s for good reason. With bookkeeping software, your desk isn't just confined to an office: it's wherever you are.
Cloud-based solutions mean you can access your financial data flexibly while you’re on the go - whether that’s while commuting, at a client meeting, or working remotely.
Future-proof your practice
As your accounting practice or business expands, your software will need to grow with you.
We know how frustrating it is to have to change providers that you’ve outgrown - which is why scalability is built into our software’s DNA, ensuring it seamlessly accommodates increased transaction volume and complexity.
From making sure you comply with the latest data protection legislation and being GDPR compliant, to being fully MTD ready, having a software partner that’s set up to help you grow removes potential barriers to expansion and sets you up for success.
Get started with Capium bookkeeping software
Whether you’re starting from scratch, or wanting to import data from other bookkeeping software, we’re on hand to set up a demo or walk you through the process.
We offer free support for all our clients and free demos for anyone who’s interested in joining!
Don't miss out on our Black Friday Promo: By signing up for Capium's full suite this November, you can receive up to 12 months of usage absolutely FREE.
Call us today on 020 3322 5578 or email us to [email protected] for more information.
Bookkeepers Summit 2023
Our Capium team had the pleasure of debuting at this year’s ICB Bookkeepers Summit, and what an event it was! It was wonderful being a part of the event and showing our support - we really enjoyed meeting more of the Bookkeepers Community!
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Capium is cloud based accounting and practice software.