Forget Migration – Integration Is The New Business Essential
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It’s almost futile to migrate to different software if the tools can’t connect with others. This is especially the case with accounting, where integration has become a business essential. Disjointed processes can cause your accounts to take up significantly more time, reducing your business’ efficiency.
There are a whole host of other benefits to integration, as well as a number of systems you can link up your accounting software with. Let’s explore them.
With integration-ready software, all your information from the various systems will be stored in just a single place. This means you won’t have to log in to numerous ones all the time. And you’ll be able to instantly and securely share access with others too. In turn, this will make communication more seamless.
Information being held in a sole location makes producing the necessary reports much simpler too. Data can be drawn from several aspects of your business, providing deeper, more detailed insights. You’ll also be able to see the correlations between your operations with ease.
The improved communication and streamlined reporting will save you a substantial amount of time. Plus, integration provides one-time-only data entry, so you won’t ever need to go through the tedious task of duplicating information. All this time-saving will allow you to significantly improve the business’ overall productivity.
As you’ll have the ability to see all data in one place and the opportunity for better productivity, you’ll quickly experience swifter business growth. With clear visibility over your entire company, you can ensure that any issues are immediately identified and quickly resolved. Once difficulties and stoppages are effectively dealt with, you can focus on driving the business forward.
You’ll be able to experience these benefits by choosing any type of connection to your accounting software – though the more integration you can incorporate in your business, the better. With Liquid Accounts, we have a specific API which allows any relevant system to link up to our tools, providing they also have an API.
Some of the most popular integration choices are the ZigZag and Capsule CRMs. Uniting your accounting with your customer relationship management system delivers a much clearer view of your finances, specifically the sales you’re making and the ROI you’re getting.
Invoicing is another commonly selected one. This saves a considerable amount of time. With the removal of duplicate data from your processes, invoices can be automatically created – and even the chasing stage can be streamlined.
Liquid has unlimited invoicing and billing, plus bank mapping. Your bank accounts will be imported in an instant, allowing for automated bank feeds and easy reconciliations. And this isn’t the only way integration makes your taxes easier – we also provide an MTD for VAT Filer which communicates with HMRC. It guarantees that the digital path is maintained when submitting your tax returns for full compliance.
And, if required, there’s e-commerce integration available for your business too. It ties in with platforms such as Shopify, Magento, PayPal, SumUp, WooCommerce and eBay seamlessly, meaning that you can build an online empire much faster.
Whichever type of integration you opt for, Liquid will make sure you’re able to get the most from it. To find out more about the integration available with Liquid, get in touch with our friendly team today. Call 0161 413 5050 or message info@liquidaccounts.com.