Introduction
Cloud accounting allows for greater integration of your finance and payroll systems, reducing duplication of work and errors for a more efficient process.
Typical Problems
Your business might have to manually export payroll information to then be imported, or manually inputted, into your finance system.
The lack of detailed reporting with your current system makes it a time-consuming process to look at the information at a departmental or cost centre level.
Solutions
Cloud accounting allows for the integration of the payroll system directly into the central accounting system; reducing the requirement to manipulate data between separate systems.
This integration also allows for the direct posting of transactions into your finance system, allowing for automation of reporting and the utilisation of powerful analytical tools.
Benefits/ROI
Reduction of duplication of effort via integration of systems, creating employees in CRM, feeding into payroll, then creating the payroll which is automatically posted to your finance system.
With dimensional reporting, businesses can take advantage of powerful cloud analytics with a greater depth of information available which can be delivered using automated report scheduling.
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