Why Cloud Based Accounting Services is the future

Why Cloud Based Accounting Services is the future

Why Cloud Based Accounting Services is the future – We all know something is the future when it appears. When the MP3 player came about, everyone slowly shifted there because of its convenience and light weight. Same to the digital camera, gone are the days when film needs to be used to produce photos that can stand out and stand the test of time.

Accounting services have come a long way and from the days when people use stones and rocks to compute how much a person owes and should pay up and also to find out how much a businessman made for the month. To pen and paper of the olden days and this has slowly transformed to the modern day era of computers and Excel spreadsheets that has helped the accounting industry to grow and become what it is today.

Why Cloud Based Accounting Services is the future

Many industries have seen technology taking over it and this is one industry that is about to go through the point of change.

Cloud Accounting services has been around for a few years but its technology has been slow in terms of development and also there has been resistance when it comes to the taking up of this new products that are seen as not secure or not as well equipped as the already tested and working desktop based software.

Cloud Accounting Services has over the years slowly but surely improved and in this few years seen the taking over of the mainstream when startups that are looking to win on efficiency works with cloud based accounting services firms to improve their productivity and give the best for their clients and themselves.

The reasons for it being the future is simple, Cloud accounting services continues growing with the times, new features get added on and with more feedback, means more features.

This is one thing that many desktop based software struggle on because they are restricted by themselves being desktop based. You lose the flexibility of working with other applications and also to take advantage of publicly available data to do business.

Startups also prefer to use cloud based accounting software because they are more convenient and require less work than the more traditional methods. You are also able to use it on the move and this allows more time to be spent on doing what you do best which is to sell and grow your business.

 


K Cloud Accounting works closely with Startups to provide high quality consulting and also quality services that are affordable and effective. Contact us now to get a quote and find out how to work closely with the most efficient startup friendly company in Singapore.

Why Cloud Based Accounting Services is the future

Benefits of using Xero Cloud Based Accounting Software for Bookkeeping Services

Benefits of using Xero Cloud Based Accounting Software for Bookkeeping Services – There are many software that are available for businesses that wish to improve their productivity and generate more revenue and income for their businesses. The best software are those that are convenient to use and able to help you improve your business processes and able to save you time and money overall. We shall now explore some of the Benefits of using Xero Cloud Based Accounting Software for Bookkeeping Services.

Benefits of using Xero Cloud Based Accounting Software for Bookkeeping Services

Benefit 1: Xero Accounting Software updates on a regular basis

Xero accounting is a New Zealand based company which has raised quite an amount of money over the past few years. The company has worked hard to deliver quality functions that most businesses can use for their operations and there has been updates on a regular basis to include more functions as standards.

The most important thing about Xero is that it keeps all its platforms updated as well. So whether its their website or their application, you get the new functions as they are updated.

 

Benefit 2: Xero Accounting Software has multiple platforms for ease of usage

Other than just having the features of the software on the computer screen, Xero also has a multiple function application on mobile allowing you to access quite some features when you are on the go.

For business owners that are starting up, being able to be flexible to run the business is very important. You are able to issue invoices and check the receipts of payments on the go when you are on transport or waiting for the next client, helps you to improve your efficiency and sales.

You are able to take photo of receipts and send them to your accountant immediately, this is really a great feature for most owners to just make records and move on.

Benefit 3: Xero Accounting Software is affordable to most users

If you are not using most of the invoicing feature, it starts from $12 a month. For those who require invoicing features, it starts from $30 a month. This is something that most people dont realize, that the price is great for companies that are just starting up. No high up front cost, you pay the monthly usage fees and you get support all year round when you need them.

The price range is also absorbed by partners or advisor you work with when you run Xero software with this accounting companies.

Benefit 4: Xero Accounting Software is very popular in Singapore with startups

The most important thing about using a software is when most of your other friends are using them. Xero is now one of the most popular cloud based accounting software in Singapore. There are features where you can send invoices and get payment online. With you and some of your customers working on the same platform. The transaction is almost seamless.

You also get support from the strong local team of Xero when you work closely with Xero in Singapore. With a strong presence means they will have to spend more to ensure service standards are strong in Singapore.

Benefit 5: Xero Accounting Software, there is no fear of security problems 

The biggest problem is when you lose your accounting information after they are all entered into the system. This is something that is the worse nightmare for most business owners. Xero has its back up systems to ensure that they are also working strong.

Xero also has 2 factor authorization for you to go through before you can login. Ensuring that unauthorized personnel are not able to access your system data.

 


K Cloud Accounting is a Singapore based Xero Accounting Services firm. We are able to assist startups and SMEs in accounting, tax, corporate secretarial and payroll services needs.

You can find out more on our page: http://kca.sg

 

Benefits of using Xero Cloud Based Accounting Software for Bookkeeping Services

5 reason Xero Cloud Accounting Software can help companies run better

Running a business with very little experience as a startup founder is something that is very foreign to many people in Singapore. For founders who come from an education system that prepares you only to be a great employee who delivers high quality work to MNCs, most Singaporeans are not very well equipped for entrepreneurship.

Accounting is something that will require special skills that most people are not equipped with. Even for those that graduate Business school will only know very basic accounting knowledge.

Xero Accounting Software is a cloud based software that has in recent year took on a more prominent role in the Singapore economy. Xero has managed to capture a good amount of market share and is able to lead the business world in the cloud based sector of accounting software.

5 reason Xero Cloud Accounting Software can help companies run better

We will share and discuss 5 reason Xero Cloud Accounting Software can help companies run better:

Reason 1: Xero Cloud Accounting Software is used by many startups in Singapore

You might be thinking how is this going to help you run better?

Having many people on the same platform means you can perform certain parts of the business through the app and you will be able to monitor them closely. For example payment can be requested in app and you will be able to update immediately through the platform. With more people on board the platform, Xero will also be able to learn the needs of the companies in Singapore and figure out what functions to update and change when it is needed.

 

Reason 2: Xero Cloud Accounting Software is updated on a very regular basis

The most important part of doing a business is to have the most updated equipment and software that you can rely on. Why is that important you might be thinking? The thing about having updated software is so that you are relying on the most productive software. Time is money in the business world and this is something that many people will need to understand.

With also new inclusions there is a lot more that the startup can take advantage of to do well for the productivity of the company. 

Xero does an update every other month on their core software and it includes making many interesting function standard and this helps the company and also the accounting firm to better deliver their services for businesses.

 

Reason 3: Xero Cloud Accounting Software works with top 3 banks of Singapore for bank reconciliation ease

We just received latest news that OCBC has started working with XERO to integrate the bank reconcilation system with XERO. 

That makes all three major local banks, UOB, OCBC and DBS being partners with XERO. Most local businesses run one of this bank accounts and for startups, one of this 3 banks will definitely be your preferred choice for startup bank accounts. 

Bank reconciliation is made easy with this function, saving time for your accountants and also allowing the entrepreneur to find out the bank balance of the company when they access the application to find out more about their bank details. 

 

Reason 4: Xero Cloud Accounting Software is easy to use and learn

The strength about using Xero as your accounting software is that it is a very easy to learn software. It takes just 1 to 2 hours to figure out most of the function and there is many functions that the entrepreneur can use to improve their own business.

We will provide free training for new customers and at the same time it is available as an app on the iPhone and Android.

 

Reason 5: Xero Cloud Accounting Software has apps that are able to do more than just accounting

Similar to the app store of iPhones, Xero has its own app store that is able to give you additional functions that will allows to do more. Apps such as receipt bank for example helps you to scan receipts and make them into expenses documents within the software.

There are also new apps that are developed every month to help the users of Xero to improve their needs and this is something that makes Xero stand out better than the rest because of the full environment that it develops for other producers to produce software that can help businesses run better.

 


 

5 reason Xero Cloud Accounting Software can help companies run better


K Cloud Accounting is a Xero Based Cloud Accounting Services firm that is able to assist startups and SMEs to carry out accounting, bookkeeping, taxation, corporate secretarial and incorporation services.

We look forward to working with startups and SMEs as our founder is also a young founder himself. 

Find out more about our Xero accounting services here: http://kca.sg/

5 reason Xero Cloud Accounting Software can help companies run better