Cloud Accounting
Overview of Cloud Accounting
Thanks to innovative advances in digital technology, the way of the world is changing. This doesn’t just affect the way we spend our leisure time, but the way we do work as well, and the accounting industry is no exception. At Hilton Consulting, it’s our job to keep up with the latest, most secure software to ensure your accounting experience is as accurate, hasslefree, and protected as possible, something that the use of cloud accounting enables.
Cloud accounting is a way of storing and safeguarding your data, which is sent to “the cloud” and hosted on remote servers. There, it is processed and returned to the user. Using cloud accounting, all functions are applied off site, greatly removing margin for error and saving accountants from falling victim to outdated or unmaintained software across multiple machines. It is a flexible, reliable solution to many of the issues that have previously plagued the accounting industry. At Hilton Consulting, we use a range of cloud accounting software, depending on the needs of our clients, including QuickBooks, Xero, and Receipt Bank.
Xero
Xero was developed with small businesses in mind. Ideal for use across multiple devices, it is essential for professionals who often find themselves on the go. With the simple goal of connecting business owners with their financial data in a fast and simple process, Xero is packed full of useful features, including the capability for collaboration between bookkeepers, accountants, and their clients, who are able to access their data at any time, anywhere.
Receipt Bank
For streamlining your accounting process, Receipt Bank may be exactly what you’re looking for. Receipt Bank helps businesses manage receipts, invoices, and other documents, allowing businesses to keep better track of their financial records and increase the accuracy of their accounting. With multiple ways to upload documents, Receipt Bank does the leg work for you, leaving you free to focus on matters that truly require your attention.
QuickBooks
QuickBooks is a programme that provides accountants with assistance in the invoicing, navigation, and workflow processes. Regularly updated by developers Intuit, it has functions that cover all aspects of the accounting profession for a complete experience. Capable of storing important financial documents, organise tasks and invoices, and keep on top of time sheets, QuickBooks is an extremely helpful tool for any business across all sectors.
FUTRLI
FUTRLI gives business owners and accountants tomorrow’s insights - today, which is the only “crystal ball” you can ever have in business. At Hilton Consulting, we use FUTRLI to produce management reports and insights including cash flow forecasts for clients.
General Applications
A growing list of finance and accounting apps are revolutionising the way that accountants and businesses work, but there are also other general online applications that we use at Hilton Consulting to solve a number of particular needs for a client; for example: timesheets, stock systems, etc.
For more information on Cloud Accounting, and what software may be best for your business, please get in touch with Hilton Consulting. Our team are always on hand to help, and happy to answer any queries you may have.
