Now more than ever, with the rise of automation and timesaving cloud-based apps, your accounting software should be working for you.
As technology moves forward with the newest time-saving technology, there are still some businesses who are using dated versions that are no longer supported. This not only puts your business at risk, but also your customer's businesses as well.
We’ve created a list of the four signs that your existing business accounting software might need to be reviewed.
1. You’re spending more time on basic accounting tasks than you are running your business.
How many hours are you spending per week? Some Cloud Based App’s could potentially save you four-plus hours a week.
2. Your Accounting Software is no longer being upgraded.
The greatest concerned for ‘unsupported software’ is that it is vulnerable to being hacked, which is a concern if you hold your customer's bank information. Therefore, you want to be using a technology company that is constantly being updated to improve its software.
3. Your Accounting Software doesn’t operate on mobile devices (iPhones & iPads)
The best accounting software is one that you can use anytime, no matter where you are, especially for businesses that need to access records or create estimates on site.
4. Your Accounting Software has little or no automation features
Not only does automation save time, but it also reduces mistakes. Most good automation includes scheduled invoices, recurring invoices, or one-click reporting.