A POS for Multi-Location Businesses That Works
To a busy retailer, running just one store can be a tough…
So you finally launched the small business you have been dreaming of for years! Dream come true! Congratulations! Now, back to reality. As a new small business owner, how do you stay on top of everything from operations, management, and especially your finances?
You can always hire a team of accountants to do accounting stuff. But you still need to be on top of your accountants, at least in what matters most to SMEs in the Philippines: like managing cash flow for instance. Enter the tool small businesses need: cloud accounting software.
What is cloud accounting software? Cloud accounting software is an accounting software that pretty much does what traditional on-premise accounting softwares do, but on steroids! Instead of installing the accounting software in the hard drives of the user’s pc or in the local network server, the cloud accounting software and databases reside in “the cloud,” remote servers that are accessed over the Internet. Cloud servers are located in data centers all over the world. By using cloud computing, users and companies do not have to manage physical servers themselves or run software applications on their own machines because the computing and storage takes place in a remote data center instead of on a user’s device.1
Dictated by the needs of multinational companies with several offices around the world, it’s believed that cloud accounting was born sometime in 1999 with NetLedger, now known as NetSuite. Cloud technology enabled these multinationals to work in each of their various locations on the same data. And the small business community? They had to rely on desktop software such as Sage 50 and Quickbooks. QuickBooks Online was actually released in 2004, but didn’t sell well compared to its desktop version. Such irony: small businesses preferred desktop accounting that required significant investments into their computer infrastructure over their cost-efficient cloud versions.
Check out the usual suspects. These accounting softwares pretty much perform the basics: accounts receivables, account payables, billing and invoicing, purchase and sales orders, general ledger, and reporting. Anything beyond that is a bonus.
So which cloud accounting software is best for small businesses in the Philippines?
Here are the brands that keep getting mentioned in most lists of “Best of this, and Top of that.” You may want to check which one fits your needs.
Indeed, technology is a great equalizer. With cloud accounting, SMEs in the Philippines can now enjoy the benefits of business tools that used to be exclusive to large multinational corporations. Now, your dream business start-up is as equipped as the large enterprises with cloud accounting software.
EasyFIS is a Software-as-a-service (SAAS) sales, inventory and Accounting system designed for Micro, Small and Medium (MSME) Enterprises.
If you want to manage your business in real-time and in a WFH Work from Home Setup, EasyFIS can provide a turn-key solution to your most common business problems to effectively monitor your sales, checking your LIVE inventory stock quantity and most importantly the status of your business’ financial health.
On top of that EasyFIS is CAS (Computerized Accounting System) compliant ready for government taxation in the Philippines.
EasyHR is a Software-as-a-service (SAAS) web application that helps to manage your Payroll and Human Resource Tasks easily and effectively.
Whether you are handling less than ten (10) employees or up to more than ten thousand (10,000) employees, EasyHR can do the job for you and saves you a lot of time in computing your Payroll and managing your Employee 201 Records anytime and anywhere.
But not only that, EasyHR further has an Employee Portal that allows your employees to access it online and check their own Payslips, Overtime, Leaves and Time Records. It saves a lot of time and money in printing these Payslips and paper wastage.
EasyPOS is a standalone Sales and Inventory system designed for businesses with Physical Stores and does not necessarily need an Internet or cloud solution.
The software is very easy to use yet already fully loaded with the necessary daily functions in running a store.
It already has a complete Sales and Inventory system with Item components.
Barcode and Touchscreen Interface that can be used for both groceries and restaurant setup respectively. Plus it is already BIR Accredited to legally issue Sales Invoice (SI) and Official Receipts (OR).