Unleash the power of your accounting function

In this era where we’ve all had to redefine “essential” it’s time to give your accounting function another look. Often accounting is misunderstood as a dull or administrative task. In reality, your accounting function enables your value-driving decisions, so you can confirm your bookkeeping is accurate, timely and reliable. Whether you’re making routine decisions like staff allocations or more strategic choices around business expansion, you need an accounting platform you can rely on.

Your accounting platform can drive value for your business

Bookkeeping may not be the most exciting part of your operations. But good financial data and efficient accounts are the linchpins that help confirm the important work of the company can continue without a hitch.

In fact, robust bookkeeping and reporting can even boost your profit margin. Timely insights can save you from making costly mistakes. Accurate and up-to-date financial information can show you which areas of the business are most profitable. This data can help you identify problems in time to take preventive action. You might even be able to spot trends that could save your company from upheavals like drastic staffing cuts.

Every company already has some sort of bookkeeping solution in place and you might be operating on the assumption that your legacy accounting systems save the business money. But, the opposite may be true. With an intelligent, timely solution, you can increase efficiency of your existing staff so they can focus their efforts more productively. And adopting a solution with the functionality, reporting –– and integration that your business needs, all backed by accounting professionals –– can enable your accounting to become a core driver of value and growth.

Transitioning from legacy systems to nimble, modern accounting

Change comes slowly at many businesses. Both owners and staff may be accustomed to legacy systems that they have used for years. As those systems may fall short of your needs over time, your staff has to work harder to provide the accounting and reporting the company needs. Staff can often make great efforts to patch the holes in bookkeeping practices, but they may not be able to keep outdated systems from costing you money. If you wait too long to act, you could even end up in a scramble to update your accounting system after it fails. In addition, legacy accounting solutions may not deliver the accurate financial information you need when you need it.

When you transition to a cloud-based accounting platform, you can have a solution that is constantly and automatically updated so you do not fall behind. Your IT department doesn’t have to spend time updating software or servers. Your staff doesn’t have to come up with workarounds so they can limp along with accounting tools that aren’t up to the challenge of the current business environment.

Inertia can often be the biggest roadblock to updating accounting practices and platforms. Even though a robust accounting solution will possibly save the company money and add value, fear of the transition process can hold you back. To ease this burden, choose an accounting solution that includes fully-supported migration. This will help confirm that you don’t lose data or place a drain on staff time during the transition.

Your accounting platform can do all this and more

When you’re ready to supercharge your bookkeeping, it’s important to choose the right solution for you. The right accounting platform for you can be one that meets your current needs and can also adapt as your business grows. In addition, you should have accounting that provides the data you need to guide your company’s growth and profitability. Accounting insights are a quiet but invaluable driver of the health of any business.

Bookkeeping Connect is the accounting platform backed by the accounting experience of PwC. It makes your bookkeeping and accounting simple, easy, and powerful. Rather than paying staff to spend hours toiling through AP, Bookkeeping Connect helps take care of your payments, so bills can be paid on time and no one has to lick an envelope.

The PwC team fully supports the migration process, so your transition to modern, automated accounting can be seamless and painless. Bookkeeping Connect's dashboard gives you an immediate window into the financial health of business. It puts the data you need within easy reach, without waiting for manual reports and spreadsheets. Plus, Bookkeeping Connect provides reports in formats that help make it easy for your management team to grasp the company’s finances at a glance.

Schedule your free guided tour and find out if Bookkeeping Connect is right for your business.