Cloud Accounting

If you want your business to work smarter and faster, cloud accounting software is a wise investment. Working in the cloud will give you a better overview of your finances and allows you to share data with others, including your accountant, seamlessly.

Issues with traditional accounting software

• The data in the system isn’t up to date and neither is the software.
• It only works on one computer and data bounces from place to place. For example, on a USB drive. This is not secure or reliable.
• Only one person has user access. Key people can't access financial and customer details.
• It's costly and complicated to keep backups (if done at all).
• It's expensive, difficult and time consuming to upgrade the software.
• Customer support is expensive and slow.

Why the cloud and accounting software are the perfect match

You can use cloud-based software from any device with an internet connection. Online accounting means business owners stay connected to their data and their accountants. The software can integrate with a whole ecosystem of add-ons. It’s scalable, cost effective and easy to use.

Which cloud-based accounting software does OnBalance recommend?

We believe in using technology to make life easier for our clients, that's why we've partnered with Xero, a leading cloud accounting software provider. Keeping your books on Xero means you get 24 hour access to your accounting information, so you can assess your profitability, check your bank balances, view customer unpaid invoices and organise supplier payments and much more.