Need a Cloud Accounting System?

Keeping track of your business’ accounting and finances is made more accessible with our tried and tested cloud-based accounting system. Let us walk you through the ins and outs of the software with technical training support and maintenance.

Need a Cloud Accounting System?

Keeping track of your business’ accounting and finances is made more accessible with our tried and tested cloud-based accounting system. Let us walk you through the ins and outs of the software with technical training support and maintenance.

Benefits of Cloud Accounting System in the Philippines

Are you planning to transition into using a cloud accounting system? Many business owners, especially start ups are keeping an eye on this technology because they believe it can help them make account operations easier.

Well, that’s certainly true!

But if you’re still having second thoughts about cloud accounting software, this article can help you make an informed decision.

What is a Cloud?

The cloud is a network of servers and computers that can store all your accounting data and apps.

What’s amazing about this is you can access the network wherever and whenever — as long as you have a computer and internet connection.

For instance, if your business wants to get access to a certain application or data on the cloud, all you have to do is connect to the external network. With the cloud, you can have high-end storage even without infrastructure within your office.

5 Advantages of a Cloud Finance Accounting System

Here are some of the reasons why small businesses should migrate to the cloud:

1. It’s accessible

A cloud accounting system is an application that runs from the cloud — or to make it simpler, it’s an off-site server your company can connect to online.

That said, you can utilize it wherever you are in the world. Yep, no kidding!

With this benefit, you can enjoy greater efficiency and will allow you and your employees to perform emergency inventory or accounting.

2. It protects against data loss

It can be risky for your business to store data on-premises. Malware, fires, and natural disasters can destroy your in-house infrastructures and you’d be left with compromised data — or worse, nothing!

With a cloud accounting system, you can store your data externally. So whatever untoward incidents may happen, your data remains intact.

3. It’s affordable

When purchasing traditional accounting software, you typically had to buy the entire software suite. Not to mention you have to install the infrastructure.

This can be really expensive, especially if you have to free up some space or buy more space to properly house the software.

There are many cheap/affordable accounting system/software you can get. And all they ask from you is to pay for the subscription.

As a result, your company would be saving money — awesome, right?

4. It’s accurate and efficient

As I mentioned earlier, your data is stored in the cloud. This can guarantee that everyone accessing the software would be dealing with only one master archive.

Since it’s in the cloud, it doesn’t matter if multiple people are using it all at once because every change to the data is automatically saved and accounted for.

With cloud accounting software, you can avoid accounting errors and problems caused by outdated data.

5. It can be integrated with other systems

Many facets of your business operations may require you to use several online tools, like inventories and processing sales.

And the good thing is, you can integrate those sales and inventory management tools with your cloud accounting software.

6. It’s user-friendly

I know not every business owner is tech-savvy. Luckily, several cloud accounting systems on the market are very easy to use.

With a user-friendly interface, you don’t have to waste your time tinkering with the software.

7. It can be used on mobile phones

Yep — everything can be accessed at the tip of your fingers.

Some cloud accounting systems are compatible with your mobile devices. This means you can access your data and take care of your business while on the go.

Technology is fast evolving and you should go with the flow. But of course, don’t forget to hire a professional accountant to take care of your business.

We provide back-office operations, accounting, bookkeeping, payroll, human resources, business registration, tax compliance services and more.

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    Feel free to contact us with any questions.

    Suite 9D, 9th Floor, 122 The Valero Tower, Salcedo Village, Makati
    City, Philippines, 1227

    (02) 8403-8063
    0917 713 9681

    inquiry@baivigroup.com

    WORK HOURS

    Monday to Friday

    9:00 A.M. to 6:00 P.M.

    Feel free to contact us with any questions.

    Suite 9D, 9th Floor, 122 The Valero Tower, Salcedo Village, Makati
    City, Philippines, 1227

    (02) 8403-8063
    0917 713 9681

    inquiry@baivigroup.com

    WORK HOURS

    Monday to Friday

    9:00 A.M. to 6:00 P.M.

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    All Rights Reserved. © 2021 BAIVI Group

    All Rights Reserved. © 2021 BAIVI Group