Accounting software is certainly not a new trend, though the switch to cloud-based accounting software and associated resources is. Switching to a cloud accounting system can help streamline operations by integrating your accounting system with your live financial data.
You can key information into a single application and have that same information available across multiple channels. So instead of spending your valuable time worrying about whether your data integrates with multiple systems, you can spend that extra time growing your business instead.
How Does Cloud Accounting Work?
Cloud computing can offer your business many benefits. It allows you to set up what is essentially a virtual office to give you the flexibility of connecting to your business anywhere, any time. Cloud computing allows you to access your data and programs outside of your own computing environment, rather than storing your data and software on your personal computer or server.
O’ Boyle + Associates use the latest technology to help a business achieve their goals and ambitions. Save yourself time, money and grow your business.
What Are The Benefits of Cloud Accounting?
Access and update your accounts anytime, anywhere and on any device. Online collaboration with your accountant becomes a seamless and real-time event. Business owners and their accountants can work in the system at the same time, making reconciliations, returns and management accounts much easier and quicker to complete.
Create professional invoices. Receive updates when they are opened. Get paid quickly with our pay now button on invoices.
Full Irish & UK VAT reporting including VAT3, RTD, VIES and Intrastat built in.
Import your bank statement directly to say time on posting and easy reconciliation.
Dext reads and extracts data from your receipts, invoices and other financial paperwork quickly and easily. Instantly capture a receipt by taking a photo with the app, or forward items to your unique Receipt Bank email-in address. The app will extract key information from the submitted document.
Easy Document Capture
Get the paperwork you need, quickly and easily.
Automatic Invoice Fetch
Receipt Bank connects directly to over 2,500+ suppliers, so you never have to download a bill again.
Why Is Cloud Accounting Safe?
Cloud applications use encrypted connections when transferring data. This means that the data is encrypted before it's sent from your device to the remote server and then again when it returns. This means that it can't be intercepted and read by a third party. So, in our opinion – yes, cloud accounting is safe.