If you’re like most small business owners, you probably end your day with a to-do list that’s as long as it was at the start of the day. With operations, sales, inventory, employees, bookkeeping, customer support…keeping everything working smoothly on a daily basis takes a whack-a-mole approach. Then add to it things like long-term strategy or taxes, and that to-do list starts to require a superhuman level of attention.
Fortunately, powerful new technologies are helping to give small businesses like yours the tools necessary to streamline many of your tasks. Because most of these solutions are cloud based, they work behind the scenes and across accounts. And they operate securely, thanks to things like password protection and 256-bit AES encryption, allowing every important member of your team – including your CPA and tax advisor – to work on vital financial data in real time from wherever they are without any delay or delivery gap.
With your accounting technology running safely and seamlessly behind the scenes, you’re able to work faster and smarter. But how do you know which cloud based accounting solutions will meet your needs best?
Because solutions are being introduced and changed so rapidly, you can find a ‘best practice’ recommendation just about anywhere. Your best bet is to rely on an informed advisor who cares enough to help you employ the right solutions to meet your specific business and financial needs with optimal functionality.
The SJ Gorowitz team keeps our finger on the pulse of the economy, business environment, tax law, accounting standards and approaches, regulations, and technology. We do the work to stay informed so we can provide solid guidance whenever it’s needed. And especially in the case of technology, it behooves us to do so. Similar to the benefits we’ve outlined around CAS technologies, when our clients implement the right cloud based accounting technology, we can be more efficient.
- Direct uploads of important financial data (no more keying in financials)
- Banking, payroll and other financial information is not limited or delayed by internal processes (real-time accounting data is more accurate accounting data)
- We can capture and review documents without bothering you for the information (everyone is able to work with more data, better data and in a timelier manner)
- Improved record retention (simplified and secured)
By making your accounting invisible, you’re better able to compile all of your vital financial data in one secure, accessible platform. Your employees and your advisors (like SJ Gorowitz) can work together across time and space to help your small business transform your seemingly limitless task list into new opportunities.