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Mobile Software Lets You Take Your Accounting System with You

Accounting
Article
08/20/2015

Mobile technology has changed the accounting process for many small companies. Rather than requiring users to sit in front of an office computer station to perform bookkeeping tasks, mobile apps allow small business owners to track their finances almost anywhere, anytime. This can allow owners and managers to focus on customer calls and important meetings during peak business hours. In today's small business environment, mobile accounting software can boost productivity and helps owners meet client service expectations.

Meeting Customer Expectations

Customer service is one of the driving forces behind mobile accounting's adoption and increasing popularity. Clients and customers assume that companies utilize technology that provides anywhere / anytime access to information. When clients ask questions, they often expect an immediate, precise response, even when a service provider is out of the office. Thus, in order to provide excellent service and retain customers, mobile technology is becoming a necessity for small business owners.

Cutting Edge vs. Keeping Up

To gain a competitive advantage, small businesses must often be willing to adapt to new technology. With mobile devices now firmly entrenched in everyday life, the ability to maintain accounting software on the go is no longer considered cutting edge technology, especially to the youngest generation of customers and clients. By mastering the use of mobile accounting technology now, companies can be prepared for whatever future innovations stem from today's technology.

It's All About Efficiency

Mobile accounting software provides the efficiency that many new business owners dream about. Managing a startup can become life-consuming and work hours can range well beyond 9 to 5. Mobile apps can become a lifesaver to those working under a time crunch. By giving employees the ability to track and record expenses on the go, accounting tasks are streamlined and shared among the workforce. Managers may spend less time on manual processes and bookkeepers can focus on financial reporting rather than data entry. Mobile accounting can also increase efficiency by converting downtime into work time. With mobile accounting software, small business owners can review financial information while waiting at the airport, between meetings, or when faced with other work-related delays. Mobile access is fast and easy - simply turn on a smart device, sync it to the Wi-Fi, and the latest and greatest accounting information appears.

The functionality of mobile devices has changed the way small businesses communicate and track financial data. Faster response time, increased accuracy, and real-time financial updates are just a few of the potential benefits of today's cloud-based accounting software with mobile capabilities.

 

This website contains articles posted for informational and educational value. Paychex is not responsible for information contained within any of these materials. Any opinions expressed within materials are not necessarily the opinion of, or supported by, Paychex. The information in these materials should not be considered legal or accounting advice, and it should not substitute for legal, accounting, and other professional advice where the facts and circumstances warrant.
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