As a growing business, you can choose from a wide range of programs and apps designed to make your life easier. And most do a great job at the specific tasks they were designed for. But as your needs become more complex, you wind up using multiple products and apps to manage customer and financial data, resulting in information silos, lack of data visibility, and slow business processes. And if your vital information lives in multiple places, it inhibits your ability to grow your business.
Problem: Your systems don’t talk to each other.
You may be able to track the success of your customer interactions with your CRM system, and analyze the success of your sales efforts with your sales management system, but if they don’t communicate, you’re missing out on important business insights.
With a cloud-based accounting platform, you can synchronize all your critical information in one place. Key stakeholders all have access to the same real-time database, ensuring that everyone is operating from a single source of truth. And mobile capabilities mean you can access the information you need, whenever and wherever you need it.
Problem: Too much time is spent on manual data entry and cumbersome processes.
Using multiple products and apps means manually inputting information in multiple places. And to reconcile data from disparate sources, you often have to rely on time-consuming workarounds. Spreadsheets and handwritten records mean less time to spend on more strategic efforts.
A cloud accounting solution can save you valuable time by freeing your staff up from unproductive tasks like data entry. Smart automation increases efficiency by eliminating the need for manual processes, giving you more time to focus on taking care of your customers and growing your business.
Problem: It’s difficult to protect your critical information.
If you’re using multiple legacy applications, it can be challenging to make sure that your data is protected. Upgrades and patches have to be handled on site by your IT department, and you need to keep track of the security status of each app.
Product updates happen automatically and seamlessly with a cloud-based accounting solution. Your critical information – customer, financial, sales, and accounting data – is always securely backed up. And service providers invest significant resources in optimizing and guaranteeing the security of their products.
Problem: You need to make the most of limited budgets.
In today’s competitive business environment, you have to maximize the impact of the money you spend. Using multiple disparate apps is a drain on resources, in terms of both money and time. And a lack of data visibility means you’re making important strategic decisions based on incomplete or outdated information, which can be costly.
Cloud accounting software streamlines processes and automates repetitive tasks, reducing your overhead and increasing productivity. Automate updates reduce the strain on your IT department. And today’s cloud technologies mean that a cloud-based accounting system can be affordable, no matter the size of your business. They offer fast deployment, easy collaboration, and seamless workflows, saving your accounting department time and money, and allowing you to do more with less.
A cloud-based accounting and ERP solution like Sage 100 can give you the powerful insight you need to grow your business. Call MicroAccounting today at 855-876-3773 or email us at email@example.com to find out more.