Is your business using cloud technology yet? Are you ready for the cloud revolution? Cloud computing has done away with old, often convoluted ways of storing data and managing workflows for small and large businesses alike.
It’s by far one of the biggest transformations the internet has created for the modern workplace, allowing us to work remotely, across different time zones, with people we may never meet. With 1 in 3 people now taking their laptops with them on the go, it seems mobility and flexibility are trending upwards and cloud solutions are the way forward for many Australian businesses.
Currently 81% of businesses are using some sort of cloud strategy and up to 60% say they plan on increasing that by another 20% to other services.
The bookkeeping arena has been one of the biggest transformers. No longer is it possible to remain at the forefront of a business’ financials with a shoe box accounting system but delivers information in real time.
The Internet service (the cloud) acts as your virtual finance manager, categorizing your financial transactions according to generally accepted accounting practices. Cloud accounting with Xero requires few overhead expenses from the user’s end. All businesses have a computer and internet connection that would enable cloud services to be run. The cloud solution has reduced or eliminated redundant, time-consuming work that, let’s face it, is the bane of most businesses.
No more data back ups or upgrades on your accounting system, the clouds have that all sorted which therefore saves you time. 
Cloud-based accounting systems like Xero allow you to upload or automatically bring ‘live feeds’ of your bank account and credit card transaction data into your accounting stream. No more hours spent doing data entry from that shoe box.
It also encourages interaction with your financial advisors or accountant as they can access the information remotely and in real time. Another cost saver for businesses.
If your business keeps you on the road, then cloud accounting system is going to be your best friend. Your live accounting data can be accessed from anywhere, from any device with an internet connection as its total mobile. No longer do you need to wait until you return to the office again.
Whilst you may have progressed to the cloud, are you actually utilizing it to perform at it’s peak? Are you gaining on the cost savings and streamline capabilities that it may offer? With Fitbooks Online, we can assist you to not just transform into Xero for your bookkeeping, we will ensure it is integrated with your other systems and you understand how to maximize its usage. We’d like to say “bring on the clouds” and I bet you would too! Contact us and let’s chat about your business.