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Showing posts with the label bookkeeping services bookkeeping software cloud accounting solutions

Desktop to Cloud - A Case Study in Bookkeeping and Business Modeling

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Just over 36 months ago Cornerstone began offering cloud-based accounting software for clients. Cloud accounting software was a real revelation as it provided both clients and our business with a number of opportunities. Moving over 50 desktop clients to cloud accounting hasn’t been easy, and took some time, but it has placed Cornerstone at the vanguard and looking optimistically at the future. Desktop Challenges Using desktop accounting programs are outdated as far as an external bookkeeping service is concerned. Files are kept on-site by the client, meaning access and the bookkeeping process is slow and cumbersome and no real-time information is available. As an example, checking credit card transactions required clients to send the transaction receipts – a process which could take days. With no particular password protection in place, there was no accountability for those making changes and thus no tracking of errors. Training our team was a continual process to ensure staff on t...