Bookkeeping and Accounting

tandembooks Feb Blog 01

Bookkeeping and Accounting Trends Your Small Business Should Take Advantage Of

In order to stay relevant in your industry, you must be willing to keep up with all the latest trends and best practices. Bookkeeping and accounting trends are especially important to keep tabs on, as they have a tendency to transform significantly over periods of time. Staying on top of these changes is a smart way to ensure your clients and employees remain satisfied with your business and that your business as a whole continues to thrive. 

Cloud-Based Software vs. Desktop Software

As a business owner, you are tasked to carry a load of responsibilities. Fortunately, your bookkeeper can help you gain a comprehensive understanding of the following trends, so your business can reach the next level of success:

  • Cloud-Based Software: The majority of small-to-medium sized businesses are now using cloud-based accounting software as it offers many advantages. These types of software are more user-friendly, convenient and inexpensive to use.
  • Cloud Computing: Cloud or online storage can make work quicker and more efficient, providing easier access to more information for multiple users and real-time insights. This allows bookkeepers to play a more active role in providing valuable analysis that will ultimately impact your daily operations.
  • Desktop Software: Access to traditional desktop software only allows one user at a time and requires a flat free upfront, whereas cloud computing software that allows for multiple users typically requires a monthly subscription. Licenses are generally purchased per computer and backups are manual as opposed to automated 24/7 back-ups with cloud computing software. 

Stay on Trend with the Professional Bookkeepers from Tandembooks Inc.

At Tandembooks Inc. we are committed to staying on trend with the latest bookkeeping software developments. This philosophy is what drives us to modernize our comprehensive bookkeeping services, capitalizing on emerging platforms and technologies to improve overall efficiency and customer satisfaction. 

If you are looking for reliable bookkeeping services for your small business, contact our experienced team of consultants who are here to help you stay on top of your finances and keep you in compliance with any government regulations. Give us a call at 613-800-8822 or fill out our online contact form for more information.