Three features small businesses should look for in accounting software

1. Easily accessible and secure accounting with cloud-based software

Gone are the days of manual data entry and documents completely localized to your hard drive. At least it is if you choose cloud-based accounting software.

Choosing to move your books online gives you unlimited access to all your business finances anytime, anywhere. Whether it’s through a web browser or your mobile app, doing your accounting is now as simple as logging into your account. Most cloud-based accounting software also supports multi-user access, making it easier than ever to collaborate remotely with other members of your team or financial advisors.

Cloud-based accounting will help you automate simple tasks like importing transactions directly from your bank, creating recurring invoices, and generating reports. This is great for reducing manual work, giving you and your team more time to focus on productive tasks that will help your business grow.

With multiple levels of security, such as advanced encryption and access control, your business information has never been safer than with cloud-based software. Stored online and automatically backed up to secure servers, only users you approve will have access to your account information. You don’t have to worry if your device gets damaged or lost because all your information will be there as soon as you get access to the new one.

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