Web-based bookkeeping systems are rapidly evolving, giving business owners the ability to manage their finances in an efficient and affordable way.
Whether you are at home or on-the-go, with a web-based bookkeeping system you can manage and your bookkeeping functions with ease including tracking expenses, viewing bank balances and sending invoices to customers.
Traditional accounting software can pose many challenges to businesses. They can be expensive, difficult to work with and time consuming when they require an upgrade.
Another issue with traditional accounting software is that the data in the system may not be up to date when input is required from multiple sources and it may only work on one computer.
Additionally access might only be restricted to one or a limited number of users, leaving managers and accountants without access to financial and customer details, when they require them.
Traditional bookkeeping system are no longer considered secure or reliable for businesses.
Read the full article – this content was shared with permission from Alexilum.
Sam Miller – Team Principal of Alexilum based in South East Queensland and servicing all of Australia. Covering bookkeeping, BAS, payroll, systems and insights we have the expertise to take care of your needs.
