What are the benefits of cloud accounting software? There are also some other very popular usages of cloud computing such as google drive, dropbox, and Apple iCloud.Ģ. People can add or adjust data through an online platform with instant updates on all devices. Since the software is hosted in a remote server, it does not solely rely on a hard drive therefore it results in a safer choice for accountants or business owners. To sum up, cloud accounting means storing and accessing accounting data over the internet and online software instead of one’s computer. Thanks FastLane.”įrankie Yiu, Central Japanese Club Limited I no longer need to bring all physical documents around and have useful accounting reports anytime anywhere when logging into Xero.
I cannot believe using Xero can make the process so much easier and faster. “Handling traditional bookkeeping and audit for many years. The platform is even able to auto-generate whatever financial reports we need, as we need them! I think from an efficiency perspective, Xero is really helpful. “We rely heavily on Xero’s automated bank feeds for our data-entry tasks. Since both parties have access to our Xero account, FastLane can easily advise Dedicare on their accounting, audit and taxation matters” Xero also makes collaboration easier with our accounting firm, FastLane. “Having never received accounting training, I found Xero to be the perfect tool because of its user friendliness and accessibility. We did not picture that we could hire this fast, but now that we have access to more up-to-date information, we can now move forward with plans that were initially not possible!“ĭaniel Lau & Kobi Tollitt, Eleven Digital “ With the analysis that comes with Xero, we’ve realized that we were spending so little and were actually making quite a lot.
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