Save Money Whilst Reducing Complexity with Online Finance and Accounting
Say Goodbye to maintenance and upgrade costs, integrate essential financial data across your business, and access your system whenever and wherever you like!
On-premise accounting technologies are subject to ongoing maintenance and/or upgrade charges, whilst outdated finance and accounting technologies pose risk. Additionally, traditional finance applications can’t simply and easily integrate with other departments which costs time and effort.
Accounting Software has changed!
Whether you refer to them as: Cloud Based, Web Based, Online or “Software-as-a-Service” (SaaS); Modern Accounting applications ensure you always use the latest software and pay on a subscription (SaaS) basis. This removes the need for upfront capital investment in terms of hardware and software, as well as upgrade costs. It also means that organisations, regardless of size, no longer need to manage/support accounting technologies in-house.
- COMMERCIALLY it makes sense and will save you money. The traditional model for buying finance and accounting software was to pay an upfront licence fee and then on-going maintenance or upgrade charges. This often involved a large initial capital outlay – both in terms of purchasing the software itself and the hardware to run it. As software has became more complex, it also means companies require specialists in particular types of software to configure, manage and offer support on an ongoing basis.
- SECURITY thanks to a reliable and well managed UK data centre. Operating your critical business systems in a secure, reliable and well managed UK data centre, providing automatic backup and disaster recovery protection is proven to be more reliable than traditional in house client-server based configurations. It is worth noting the bigger risk to many is the possibility of unhappy or unprofessional employees exposing or losing critical data - this is something that could happen with or without a Cloud solution. Effective security and managed workflow as implemented in Aqilla can significantly mitigate such a risk.
- TECHNICALLY it is much simpler. You don’t need to purchase, configure or maintain your own in house servers running dedicated database applications. You can access your data 24 x 7 from anywhere where you can connect to the internet. Affordable access to technology and regular system updates means little or no interruption to business, allowing organisations to focus on core competencies. On demand accounting software solutions are very easy to use, so the need to recruit and retain new staff is dramatically reduced offering further improvements in cost and performance. Straightforward plug and play approaches also mean hugely expensive accounting consultancy bills become a thing of the past. And, most importantly, API’s and Integrations mean your finance software can connect with other applications across the business.
VIDEO: SEE AQILLA IN ACTION
In today’s “ever on, always ready” culture, why are so many people still having to adopt such a lengthy process when producing an organisation’s company financial reports?
Things you should ask your potential financial reporting / accounting software provider
See the ten questions you need to ask your supplier during the selection process as we highlight the key areas you need to consider when evaluating an accounting and finance system