Keeping on top of your business finances can be time-consuming, but it is incredibly important for you to be able to have a clear picture of how your business is performing at any given moment in time. When you work with a Swindon Bookkeepers they will support you in looking at ways in which you can make the most of cloud accounting software that can help to save you time.
There are a number of different platforms that offer this facility, such as Sage, Xero and Quickbooks. They all allow you to send invoices, track your bills and expenses and forecast your business finances and projections. You may find that you prefer one platform over another based on how they look and their overall setup. It is crucial to ensure that you check what platforms your accountant likes to work with, as they may have bespoke packages that include access to the software.
These kinds of software help to save you time by automating a lot of your tasks, such as sending and chasing invoices. By being able to have emails sent chasing unpaid invoices automatically stops you from having to manually chase them. You can also save time by having your staff members submit their expense claims to the software. They can do this by attaching their receipts directly to the claim. You then have the ability to be able to approve or decline the claims straight from the software.