Technology to help you thrive

Cloud Accounting Solutions

Technology to help you thrive

Cloud accounting software runs on remote, secure servers which are accessed using a web browser compared to desktop accounting software that is installed on your computer. With cloud accounting software, data is securely stored on the cloud, giving you instant access to real-time financial information about your accounts which can be accessed and worked on from any location in the world with an internet connection, via any device.

Whatever stage you’re at on your digital journey, our specialist team are experts in matching you to the software that will help your business thrive. By working closely with you to understand your needs, and then drawing on our extensive knowledge of the market, as well as working with leading technology providers, we design a cost-effective, tailored solution that will help you stay compliant, improve your efficiency, connect your people and systems and help you achieve your business and personal goals.

Benefits of cloud accounting

Explore the benefits of cloud accounting technology and how implementing can enhance your business:

Time back to grow your business and for what you love beyond work

Cloud accounting brings new working practices aimed at reducing the time associated with data inputting, giving you more time to focus on growing the business. Most cloud-based accounting software includes features such as bank feeds that automate postings into the software from entries on your electronic bank account statements and the ability to upload scanned images of receipts and supplier invoices.

There are also a number of innovative add-ons available, such as Dext, which converts key information from receipts and invoices into data that is automatically posted into your software.

Supports with compliance and removes associated administration

Cloud accounting software can help ensure compliance with regulation such as Making Tax Digital (MTD).

Regulation also usually involves deadlines, and the repercussions for the likes of late VAT returns can lead to fines of up to 100% of the value of the VAT. Once in the penalty regime, it can take a year to get back out of it. The simplification of regulatory requirements through the use of technology can ensure deadlines are not missed and therefore no financial penalties to the business.

Real-time access to data to support growth and for strategic, informed decisions

Multiple users can login to cloud accounting software simultaneously from any location via their mobile, tablet or desktop computer.

With real-time access to data, you don’t need to wait weeks, months or until year end to know how your business is performing. With up to date data available, this allows you to make more informed decisions about your business, be proactive and adapt any plans to the business plan or strategy. As your trusted business advisor we can also access your data allowing us to work collaboratively with you on plans and strategies for your business.

Cash flow improvements

Getting paid quickly is key to positive cash flow, profitability and business growth. Late payments make it difficult for businesses to invest, pay their own bills and manage cash flow.

Using cloud accounting software allows for payment requests as soon as a good or service is delivered, encouraging quicker payments to be made. Software also easily allows you to forecast business cash flow – giving you time to plan ahead, and identify and respond to any potential issues early on.

Gives you control to run a healthy, profitable business

The data offered within cloud accounting puts you in complete control of your business. Using cloud accounting technology reduces the potential for manual errors and mistakes so you know you’re working with accurate and live data about your business. Having access to this data and a trusted business advisor puts you in the driving seat of your business and back in control to run a healthy, profitable business – versus the business controlling you.

Enhanced data security

Cloud accounting is more secure than traditional accounting methods as there is no requirement to transfer data between your business and your accountant. Most cloud accounting providers take great measures to ensure your data is safe, including backup power supplies, firewalls, data encryption software and regular, third party security audits. Furthermore, the online software provides an improved, more efficient service, with speedy processing of data.

How our award-winning team can help

We provide bespoke cloud accounting solutions based on your business and operations, and work with leading technology providers. Any recommendations or suggestions we make are based on the areas you want to improve in your business, for example, cashflow, getting paid quicker, real-time access to data about your business and time back to focus on growth priorities. Our Digital Delivery Team are on hand to advise, support, guide and train to help you realise the benefits of cloud accounting to help you run, grow and scale your business.

Our teams can help you with choosing, implementing, migrating and training. Detailed below are the ways in which our Digital Delivery team will work with you from the start to ensure a seamless transition to cloud accounting technology.

Systems review and recommendations

A systems review documenting your key processes, interaction between workflows and requirements for improvement with clear and concise recommendations is a valuable project to undertake if you are truly looking to get the most benefit from your systems.

Migration and implementation

A specialist migration and implementation team will work closely with you to help you understand which system is right for you, set up and design this system based on your specific circumstances and help you migrate and implement seamlessly.

Training

Comprehensive training from the outset with our expert team ensures that designated users within a business can utilise a cloud accounting system to the best of its capabilities and that any benefits and efficiencies are maximised as soon as possible.

Post implementation support

Working with a specialist team for migration and implementation ensures return on investment and having the support of a team post implementation is key to ensuring bad habits don’t creep in and that systems are being used optimally.

App advisory

Our Digital Delivery team have invested time reviewing, demoing and testing lots of different apps to ensure we are using the best in class technology with our clients. When we work with businesses on implementing cloud software, we create an app roadmap which aligns with the overall adoption timeline and objectives.

Data health checks

By reviewing your data quality on a regular basis we can ensure that it is free from errors, duplications or anything that may cause inconsistency or error in your reporting or insights.

Our partnership with Xero

Through collaboration with Xero, we have been able to deliver a first class, advisory rich service to our clients and reduce the administrative burden of running a business so our clients can focus on what they do best.

Comprehensive, personalised solutions

Whatever stage you’re at on your digital journey; we’ll match your business to the software that will help you thrive. By working closely with you to understand your needs and then drawing on our extensive knowledge of the market, we can design a cost-effective bespoke solution that will help you stay compliant, improve your efficiency, connect your people and systems and help you achieve your business and personal goals. 

Awards

We are proud winners of Xero’s National Firm of the Year for two years running in 2023 & 2024 and Accounting Excellence’s Digital Transformation Award as a result of ‘going above and beyond in our digital transformation journey…meeting our purpose of improving the lives of (our) colleagues, clients and communities in a sustainable way’ and for ‘business improvements offered to clients through technology solutions’.

Technology to help you thrive

Cloud Accounting Solutions