Need help with bookkeeping? We get it
“I don’t really know where we’re at with the money” is a common statement among small business owners. And it’s always a red flag around your financial health. Maybe suppliers are being paid late, because their invoices aren’t on your books. Maybe your customers aren’t getting invoiced in a timely fashion.
Either way, cash flow will be affected and maybe other things aren’t happening on time either. What’s highly likely is that the bills you pay your local accountant are probably increasing – potentially in line with your stress levels.
It will always pay to find the bookkeeping processes, services and advice – and the accounting software – you need to work in a more efficient way. Then you can stay on top of your accounting records and make sure your business finance and accounts receivable admin is cost-effective and scalable as your business grows.
5 essential benefits of efficient bookkeeper and payment processes
Get the cost-savings that come from running day-to-day financial management tasks in an efficient way and remove the hassle and cost of submitting expenses on spreadsheets – take a photo of the receipt and date, for example, and go!
Benefit from a way of working with bank statements, bank reconciliation and profit and loss information for small businesses that will help you grow, not hold you back.
Be confident that your accounting method means your customers are always invoiced on time and pay you on time, which means your cashflow is always the best it can be.
Eliminate the risk of supplies being delayed due to issues around late supplier payments, and make sure you’re taking full advantage of the payment terms you deserve.
Get accurate management information earlier in the month, because your bookkeeping is run to a strict rhythm.
“I used to do all of the bookkeeping myself and I didn't know what I was doing. It was very stressful and I wasn't sleeping… and now I am and I'm not stressed about it. Thankyou! ”
Managing Director, Training provider
Learn more about how accessing the right support and better bookkeeping and payments can help your business
Your guide to accounting automations
Automating aspects of your accounting function can be a fantastic time-saver and will also help you unlock a whole host of benefits. Download the guide to find out how automations can help you:
- Increase efficiency (cost savings)
- Improve profits and cashflow
- Reduce mistakes (and business risk)
- Save people’s time around the business