“I don’t really know where we’re at” is a common statement among business owners. And it’s always a red flag. Maybe suppliers are being paid late because their invoices aren’t on the system. Maybe your customers aren’t getting invoiced in a timely fashion. Either way, cashflow will be affected and maybe other things aren’t happening on time either. What’s highly likely is that the fees you pay your local accountant are probably increasing – potentially in line with your stress levels.
Get the bookkeeping processes support and advice you need to be more efficient, so you can ensure your admin is cost-effective and scalable as you grow.
5 essential benefits of efficient bookkeeping and payment processes
Get the cost-savings that come from running day-to-day accounting tasks in an efficient way and remove the hassle and cost of submitting expenses on spreadsheets – take a photo of the receipt and go!
Benefit from a way of working that will help you grow, not hold you back.
Be confident that your accounting processes mean your customers are always invoiced on time and pay you on time, which means your cashflow is always the best it can be.
Eliminate the risk of supplies being delayed due to issues around late supplier payments, and make sure you’re taking full advantage of the payment terms you deserve.
Get accurate management information earlier in the month, because your bookkeeping is run to a strict rhythm.
“I used to do all of the bookkeeping myself and I didn't know what I was doing. It was very stressful and I wasn't sleeping… and now I am and I'm not stressed about it. Thankyou! ”
Managing Director, Training provider
Learn more about how accessing the right support and better bookkeeping and payments can help your business
Your guide to accounting automations
Automating aspects of your accounting function can be a fantastic time-saver and will also help you unlock a whole host of benefits. Download the guide to find out how automations can help you:
- Increase efficiency (cost savings)
- Improve profits and cashflow
- Reduce mistakes (and business risk)
- Save people’s time around the business
Ready to chat? We’d love to hear how you’re doing and see where we can help