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Top 5 Reasons Why Your Company Benefits From Cloud-Based Bookkeeping

Updated: Jun 24, 2023

Picture this familiar scenario: you stash a bag full of receipts into your overflowing filing cabinet, hoping that the task of sorting through them later won't turn into a nightmare. But deep down, you know it's a ticking time bomb, ready to explode into a mountain of paperwork that will devour your valuable hours.

Taking steps in business

We've all been there, haven't we? Well we can assure you, you're definitely not alone in this hilarious struggle.

For small and medium-sized businesses, the weight of administrative tasks can be overwhelming, especially when it comes to bookkeeping. Whether it's the dreaded drawer filled with crumpled receipts that you begrudgingly sift through every quarter or the manual labor of calculating cash flow on a never-ending spreadsheet, the burden of general bookkeeping can consume an enormous amount of your valuable time. At Saltybooks, our journey began with a profound realization: the immense advantages of cloud bookkeeping. It's this very realization that has propelled us to the forefront of this transformative trend for the past five years. Our unwavering belief in the power of cloud-based bookkeeping stems from its ability to seamlessly manage your financial data from any internet-connected device. Leveraging our partnerships with industry-standard applications, we've harnessed the potential of the cloud, utilizing their automation tools and robust security features to establish your back-end office.

Here are our top 5 reasons for your small business to move into the NOW with cloud-based bookkeeping!

1. Say Goodbye to Tedious Tasks

Business owner making manual calculations

Gone are the days of manually entering data into spreadsheets or keeping paper records. With cloud-based bookkeeping, you can automate many of the tasks that used to take up so much of your time. At Saltybooks, we leverage app partners to automate tasks like organizing receipts, finding crucial reports, and handling payments to suppliers, employees, and taxes. This streamlines your workflow, freeing up time that would otherwise be spent on menial tasks, allowing you to concentrate on business growth.

2. Improved Accuracy

Manual bookkeeping can lead to errors, which can be costly for your business. Cloud-based bookkeeping, on the other hand, reduces the risk of errors by automating calculations and providing real-time data updates. This means you can be confident that your financial data is accurate and up-to-date. This technology continues to evolve rapidly, especially with the advancements in AI, promising even greater efficiency and reliability for businesses like yours.

3. Increased Accessibility

Cloud-based bookkeeping software allows you to access your financial data from anywhere, at any time. This means you can check your financial status on-the-go, or from the comfort of your home. This remarkable capability has become an invaluable asset for contractors, department managers, and owners, fostering financial transparency within organizations. No longer confined to your desk, you have the freedom to manage your finances wherever you may be.

4. Better Collaboration

Team of professionals collaborating

If you have a team of employees, cloud-based bookkeeping makes it easier to collaborate on financial tasks. Along with financial transparency, you can grant access to specific users, so they can view and edit financial data as needed. This means you can delegate tasks more efficiently, and everyone can stay on the same page. We use Karbon

and DEXT to streamline communication, automate recurring tasks, and provide timely reminders, ensuring we always stay on schedule and keep your financial operations running smoothly.

5. Enhanced Security

Through advanced encryption and robust backup protocols, your valuable information finds an impenetrable fortress in the cloud. At Saltybooks, we exclusively partner with industry-standard apps renowned for their bank-level security measures, ensuring the highest level of protection for your financial data. This means you don’t have to worry about losing your financial data due to hardware failure, theft, or other disasters. Rest easy, knowing that your financial information is safeguarded, allowing you to focus on what truly matters – the growth and success of your business.

At SaltyBooks, cloud based bookkeeping is what we specialize in.

We help small businesses and non-profits in Canada with seamless migration to the

John Doe smiling at desk

cloud and setting up their back-end office. Through the power of cloud-based technology, we automate your company's workflows and customize them to meet your unique requirements. What sets us apart is our personal approach to working with your small business, ensuring that we understand your unique requirements and deliver tailored solutions. If you're tired of being overwhelmed by paperwork, it's time to give us a try!

Visit our website or book a discovery call with us to explore how SaltyBooks can revolutionize your operations and bring the power of the cloud to your business.

Your business (and your sanity) will thank you!


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