Things You Didn’t Know Accountancy Software Could Do

For many business owners, the chief benefit of cloud accounting software is that accounts are accessible from anywhere. The ability to update data in real-time ensures for added speed, accuracy and efficiency in accounting – enhancing company performance as a result.

The fact that cloud accounting promises better results at a quicker tempo should be incentive enough to ditch spreadsheets and embrace online software. But besides productivity, there are a whole series of additional benefits to the cloud that you might not even be aware of.

Here are a few examples…

Integration with existing software

It’s true that transferring to the cloud is a big step for your business – but it’s more akin to moving house than leaving the country. You can take most of your possessions with you, and you won’t need to leave everything familiar behind.

The best cloud accounting solutions allow for bespoke integrations – letting you incorporate existing business processes into your software. With Liquid, specially-designed, custom-built Application Programming Interfaces ensure your accounts link up with existing procedures, bringing all your processes together in a unified, fluid system.

The transition is seamless, the learning curve is quick, and the moving process is painless.

Sustain business continuity

Once upon a time, if your accounting data disappeared it would feel like the end of the world. Not only would you lose all the information you spent years collating, you’d also risk inadvertently leaking personal data.

Cloud accounting, on the other hand, prevents this from becoming a colossal problem. Everything is stored online in a secure location, so even if machinery goes missing or there’s a natural disaster, you can pick up right where you left off and continue operating as a business.

Even in the worst-case scenario, downtime is minimal and your data stays safe.

Provide deeper business insights

Spreadsheets are perfectly adequate for standard sums, but they only provide you with a limited understanding of your financial situation.

Cloud accounting, on the other hand, is advanced enough to show you what lies ahead – painting a clear picture of your income and expenses across the board.

Through automation processes, calculations and report generation, Liquid’s accounting software helps you to gain a fresh insight into your business you never previously had. This new information can offer intriguing food for thought and give you added guidance as you attempt to take your company to the next level.

As you can see, Liquid’s accounting software can benefit your business in more ways than you might have imagined. If you’d like to learn more about how our advanced cloud-based system can help your company, get in touch with our helpful team on 0161 413 5050 today. You can also send us a message using our contact form.