Many bookkeepers are still using outdated bookkeeping systems that do not share information delivered by the latest technology advancements. It may be because they are not fully informed about cloud based accounting systems or they believe that the old model still works ‘just fine’. Unfortunately many are also slow to adapt to the changing landscape of Ecommerce Strategy, and discourage the adoption of these new technologies because they are desperately
Everybody, it seems, is putting something in a cloud. Photos, music, even precious small business data. The cloud is clearly the way information storage is headed, and offers big benefits like the flexibility to work remotely, reduced costs, and it can save the day when laptops die.
SuperStream aims to improve the efficiency of Australia’s superannuation system and provides a new standard for employers when making super contributions. It requires an employer to send contributions electronically in a standard format with linked data and payments. Why Is This Happening? Without SuperStream reforms, each super fund sets their own requirements with regards to how they will receive payments and contribution advice details for each member. This can often
We recently attended one of the MYOB Roadshow sessions in Rockhampton, where the theme for 2015 was clear: Making business life easier! MYOB believe that it’s more than just a slogan, and have outlined a 5 point plan that they believe will reset the goal posts in 2015: MOBILITY – like OnTheGo and Essentials this is “the year of the mobile for MYOB” as their CEO Tim Reed recently stated PAYMENTS
Given recent global events in which sensitive financial data was stolen, it’s no surprise that people are more aware than ever about the privacy and security of their information and are trying to use new reporting systems. One of the most commonly asked questions about the use of Xero for business bookkeeping is how risky is it. Believe it or not, using Xero is not only secure, but it can
Cloud accounting has officially landed on the scene and is here to stay. While Australian organisations have been slow to adopt this new arrival, Software Advice found over 50% of small businesses are considering moving their accounting to the cloud.
Cloud-based accounting systems are paving the way for greater efficiency in your organisation. Instead of purchasing expensive, high-maintenance IT infrastructure, organisations access their accounting software via the internet, for a fixed monthly fee. This allows them to offload IT hassles and concentrate their financial and operational resources on their core business.