How To Overcome Your Cloud Accounting Barriers
Changing any sort of process in your business can make a business owner apprehensive. But changing your entire business bookkeeping software AND moving it to the cloud. Well, that can be downright terrifying.
Or can it?
See, here’s the thing. Change FOR good IS good.
The benefits cloud accounting will bring to your business outweigh any fear of change you may have.
So what we’ve done here is articulate the most common objections or barriers we hear potential clients put to us when we discuss moving their business bookkeeping software away from a traditional desktop method and over to the cloud.
THEN we’ve shared why those barriers are worth jumping over.
- I don’t have any time to introduce something new to the business
The reason you don’t have time is because you are chasing unpaid invoices, trying to find lost receipts, talking to your bank manager about poor cash flow, completing group certificates at tax time and getting home late from work. You started your business so you could manage your time. Instead the business is managing you. Cloud accounting will streamline your business processes, take away unnecessary steps and minimise human error so you are not chasing your tail. You will get time back to work on your business not in it. When you outsource the transition to a bookkeeping service that specialise in cloud accounting you will save even more time.
- I don’t want to have to learn something new
The fantastic thing about cloud accounting is there are some really good user-friendly platforms such as Intuit QuickBooks and Xero to work with. These companies have some serious resources around training and support which will make it easier for you to get your head around a new piece of software. PLUS, the platforms are very intuitive. You’ll be a pro before you know it. All of our Cornerstone bookkeepers are au fait with the latest and greatest software so if you work with us, you have another resource to pull on.
- My accountant does it all. I don’t want to have to think about numbers and maths.
Sure your accountant manages your bookkeeping but who provides you with real time data and up to date information so you can make a smart and strategic decision about your business on the go? You can call him, then wait to be put through to him, or maybe leave a voice mail and chat to him when he calls back hours later. And then when you ask for a snapshot of your current cash flow situation he tells you it’s going to take a little while for him to download that information and get it to you. Hello! This is 2015. We should have everything at our fingertips to make the business decisions we need to right then and there. Cloud accounting gives you back control of your business. It puts you in the driver’s seat again instead of towing you behind.
It’s important that a business and a business owner reap the benefits that moving accounting software to the cloud can bring. Getting that time back and having dinner with your family every night instead of every so often. Not stressing about your cash flow because you can see exactly where it is at. It’s all do-able when your business processes are automated and streamlined.
Cloud accounting pulls you from underneath that pile of paperwork.
Have a read of this checklist. This is what moving to cloud accounting can do for you.
- Keep employees happy with streamlined payroll procedures, automated superannuation updates, real time time sheets and rostering.
- Increase cash flow with automated quoting, invoicing and tracking
- A paperless office is an efficient office. Going paperless by streamlining expense management information means less paper and less headaches.
- BAS lodged on-time and correctly with no more penalties and late fees from the ATO
- Make strategic decisions based on real-time financial information at your fingertips
- Save time and money with better budgeting and forecasting tools
- Less stress
Now if you’re mentally ticking these off as you read through them and thinking ‘wouldn’t that be nice?’, it’s time.
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