Traditionally, just the thought of accounting conjures images of tedious and daunting tasks nobody wants any part of. Traditionally, it used to be done manually with books of accounts, ledgers and balance sheets. It then evolved into a software hosted locally on a desktop computer’s hard drive. But all that is fast becoming a thing of the past…
Instead of being hosted locally in a designated computer desktop, this cloud accounting software is now being hosted remotely through the internet. Cloud accounting software is similar to traditional and on-premise accounting software. But the cloud accounting software is hosted on remote servers. All information is sent to the cloud where it is stored, processed, utilized, and returned to the user.
Why is it called a cloud? It started off as tech and IT slang. When the internet was just new, the diagrams that IT guys used to draw often represented the servers and networking infrastructure that makes up the Internet as a cloud. And from that, it came to be “the cloud.” It is actually a term that describes the existing IT infrastructure, the global and vast network of servers located all over the world, each having the same unique function, yet designed to work and operate in one emerging ecosystem.
The cloud has disrupted the world in general and it has improved and transformed many industries over the past several years. It allowed many businesses to operate more productively, efficiently, and accurately, cut costs, and produce outstanding results.
If you are still starting out in business and you want to make sure that everything will go on smoothly as planned, then work smarter with cloud accounting software. Since accounting plays a pivotal role in your business, then make it much more manageable by employing cloud accounting software.
Work smarter by deploying a Cloud Accounting Software for your company. Cloud accounting software provides many solutions to all your bookkeeping needs and accounting requirements.
Although there are specific solutions that cloud accounting can do to your business especially accounting features, cloud accounting software generally provides the following:
1. Automation Capabilities
Say goodbye to manual encoding and computing! With cloud accounting, the tedious and repetitive accounting tasks are automated. It has automation capabilities that help accountants and assists bookkeepers and their clients in making the most out of their time, improve work management, increase efficiency, and allow them to focus on business strategies and development.
2. Unli, Anytime, Anywhere Access
With cloud accounting software, there is no need to go to your office anymore to access data from the desktop. There is unlimited and anytime communication regardless of proximity and location. Cloud accounting is accounting done remotely which will help build stronger relationships in the workplace as well as with the company’s general clientele. You can access data from anywhere and anytime.
3. Updated and Real-Time Data At Your Fingertips
The ability for data to be updated in real-time is such a cloud accounting software perk! Accessing financial data and information quickly and in real time will empower businesses to work wisely by making more informed decisions based on bankable information.
4. Scalability Within Your Reach
As the business grows, each and every aspect of the business grows with it. Cloud accounting software has the ability to easily scale to meet growing business needs. It does not end there. It supports the growth and matches it with functions that aid in exponential returns.
5. Paper Waste No More
Cloud Accounting Software facilitates a paperless environment. This drastically cuts down on printing costs and the use of paper. It will help reduce the cost of office supplies and help promote an eco-friendly environment.
6. In the end, Savings
If you want to save and cut costs, cloud accounting software is the way to go. There are no maintenance, upgrade, and systems administration and IT infrastructure costs that come with most on-premise or traditional accounting platforms.
7. Integration Made Easy
Cloud accounting software has the ability to integrate with other cloud solutions. These integration capabilities will not only improve the efficiency and productivity but also help increase the power of your cloud accounting technology stack.
8. Safety First, Always
Given the sensitivity of the data that are being stored in the cloud, safety, and security is the topmost concern. While traditional and on-premise accounting system is prone to major threats of loss, damages, and theft, cloud accounting software can boast of its safety and security features that protect all stored information. Most cloud accounting software offer solutions that utilize state-of-the-art measures such as multi-factor authentication and encryption, making certain that all sensitive data will remain secure.
Now what kind of cloud accounting software do you need right now to work smarter given all these benefits? Here is what you need: EasyFS. Try out EasyFS and discover its benefits:
BE CAS-READY
EasyFS is BIR Computerized Accounting System (CAS) compliant. EasyFS is a homegrown software from the Philippines, so it currently adapts to its business practices, particularly the Taxation Regulation and Guidelines of the Bureau of Internal Revenue or the BIR. EasyFS is compliant and ready for Computerized Accounting System (CAS) so that it will be easy for your business to apply with the BIR for CAS Registration.
GET THE LATEST VERSION, ALWAYS
Since the system Architecture and Design of easyFS is based on the cloud, you are guaranteed the latest version of the system. Software updates also happen in real-time.
CUT COST
Migrating to easyFS Software as a Service (SAAS) application minimizes the need to print stacks of reports and other documents required. Instead, you can download the reports or share documents digitally. Your teammates can also view easyFS data without them altering the records you encoded in the system.
IMPROVE TEAM EFFICIENCY
EasyFS has various modules designed for teams in Logistics, Warehouse, Inventory, Sales, and Accounting teams. Since all of these modules are integrated and interrelated, your teammates can easily coordinate and even collaborate in real time, providing more employee efficiency and saving a lot of time and energy.
LOW COST
EasyFS has been efficiently designed so that the cost of deployment and maintenance is very minimal. And we pass the savings to you by charging you a very minimal fee. Register for a free demo now and work smarter with EasyFS: https://human-incubator.com/easy-fis/
