Cloud Accounting | CloudCfo

What is Cloud Accounting?

Cloud accounting is an accounting solution that enables information and documentation to be uploaded, processed and maintained on remote computer servers. All accounting, bookkeeping and finance related activities can then be processed online without the CloudCfo team or our clients having to leave their office. This can include invoicing, collection of bills, tax and compliance, online bookkeeping, payroll services, budget forecasting and financial planning.

CloudCfo performs all of its outsourced accounting and bookkeeping services through process-focused platforms and cloud accounting solutions

Cloud accounting provides a flexible, resource efficient and cost effective alternative to a traditional accounting and bookkeeping system. There is no longer a need to courier documents!

Everything is processed online and from a remote location.

View your financial reports any time from anywhere in the world!

Benefits of Cloud Accounting

Financial processes are simplified and streamlined. For example, the bank reconciliation process can be made much easier through connecting your bank account or uploading your bank statement and having your outsourced accountant match your entries with actual bank transactions.
Through cloud accounting technology and outsourced accounting services, clients can receive frequent and real-time financial statements at their fingertips. This enables more regular overview of the financial status of the company. When you data is stored online, you can access it whenever and wherever you want.
It is easy for a business to implement cloud accounting solutions within their business, no matter how long they have been using a traditional accounting system. Further, a cloud accounting solution can cost only a fraction of what a company would pay for a traditional Enterprise Resource Planning system.
Cloud accounting provides a platform for much quicker and efficient communications between companies and their accountants. Urgent queries can be reviewed and answered in much less time.
With the right checks and authorizations, your financial information will be more secure online than on premises where hardware malfunctions or other disaster events could lead to data being lost or corrupted. By outsourcing your accounting services, you can benefit from security tools and infrastructure that you might not otherwise have access to.

Get In Touch

If you want to know more about our tailored services and processes, drop us a line to discuss how we can help you to grow your business. We will respond to you within 24 hours.