Cloud accounting can make your life so much easier – and your accountant’s too. However, there are a few things to consider before committing to a specific cloud accounting service.
In this 2 Minute Accountant episode, Andrew Jeffers explains why it’s important to ensure cloud accounting integrates effectively with your business management backend.
Everyone has the opportunity to use cloud accounting. There are many options, such as:
- Xero
- Saasu
- Quicken online
- Reckon
- MYOB
It is great to have your systems online, regardless of who you go with.
Don’t know what cloud accounting is? Read more about it here.
Can you integrate cloud accounting on a custom business website?
One of the problems that we run into with some of our clients is that they might have a website backend that was built a couple of years ago on proprietary software. It wasn’t an out-of-the-box software like WordPress or Shopify; it was something that they paid a developer to build from scratch.
This means that for every change that they want to apply to the website, they need custom code. Not quite the quick “to-go” solution they were expecting.
By comparison, open source software provides you with flexibility and adaptability. This ensures that you can update your website or change your cloud accounting system on the go, in just a few minutes.
For example, you can add InfusionSoft, Ontraport, HubSpot, Shopify, Stripe (or others) as a payment gateway.
Why open source software solutions are better for cloud accounting (and for your business)
There’s a whole list of things that you can do in the blink of an eye, without much programming knowledge. So perhaps one of the main reasons why we always recommend these “out-of-the-box” solutions is that they can easily and smoothly integrate with your accounting system.
With cloud accounting, your main goal is to aim for seamless integration and seamless transfer of data across the whole business. That’s the real magic of technology!
In the video above, Andrew Jeffers explains “What I would say to you is cloud accounting is definitely the way to go. But what you need to do is make sure that any development you’re getting done (or any systems within the business) will connect easily and directly with the cloud software that you are going to get. Otherwise, you are pretty much wasting your time and you might need to start from scratch.”
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Does your cloud accounting solution integrate with your business backend?
At Shuriken Consulting we have the right IT and marketing specialists who work closely with our experienced accountants in choosing and implementing the right accounting solutions for any business.
Whether you run a small one-person business or a 50+ employees business, contact us to discuss your options when it comes to cloud accounting. We are sure to have the right solution to ensure a seamless integration of cloud accounting within your existing business systems.
