If the words “accounting software” do not immediately excite you, it’s perfectly understandable.
The latest cloud-based accounting apps are breathing new life into accounting in the digital space.
Once upon a time, you had to make a trip to the local “big box” retailer to pick up an accounting application.
That is simply no longer the case – thankfully! Now it’s all in the cloud.
Those accounting applications are quickly going the way of the dodo as they are readily being replaced by software-as-a-service (SaaS) providers.
SaaS uses the power of the computing cloud to put the accounting tools you need right at your fingertips, where you are in the world, with on-demand consistency. What’s more, financial reporting apps also offer the benefit of automatically updating with click-free ease.
If you’ve been using a legacy accounting application, or worse, an Excel spreadsheet, to manage your finances, now is the prime time to transition your financial reporting to the cloud.
So what’s stopping you from putting your financial reporting in the cloud? Is it concerns over migration? Security? Ease of use?
Perhaps it’s some combination of all of the above. Whatever the case may be, in an effort to quell those fears and help you make a seamless transition to an accounting app, we’ve put together this list of five reasons to make the switch, sooner rather than later.
5 Must-Have Accounting Apps with Free Trials
- FinancialForce Accounting App for Salesforce
- FreshBooks Cloud Accounting Solution
- Zoho Books Online Accounting Software
- Netsuite OneWorld Cloud Accounting and ERP
- FreeAgent Online Accounting Application
Reason #1: Modern accounting apps are more intuitive
If you think that an “app” isn’t quite an “application,” think again!
The current generation of cloud-based accounting apps boast all the features of legacy, desktop applications and a whole lot more.
Case in point: FinancialForce. FinancialForce [Official Website] sports an intuitive, feature-rich interface that easily rivals what you might have seen in a desktop application.
But FinancialForce ups the ante by adding Salesforce support, real-time reporting, and detailed, multi-dimensional analysis, all within a single-screen interface. And that is the most striking feature of current accounting apps – they bring everything you need to a simple, easy to navigate user interface.
Those old Excel spreadsheets, time-tested though they may be, just can’t compare to the ease of use of accounting apps like FinancialForce.
Reason #2: Apps put accounting on autopilot
Let’s face it, unless you are an accountant, you’d probably rather be doing something other than managing your finances. Say you’re a freelancer, for example. You’d rather be working in your craft than your accounting, right? Or, if you’re a busy owner/operator, you’d rather be keeping the wheels of business turning, right?
Accounting apps take the dread out of the financial equation.
Take an app like FreshBooks [Official Website] cloud accounting solution. FreshBooks is nowhere near as bogged down as legacy applications and complicated (read: always broken) spreadsheets. FreshBooks just works.
Such an app puts easy time tracking and snappy invoicing, as well as expense tracking and financial reporting, together in a super simple interface. In a nutshell, FreshBooks stands out as exemplary of the simplicity of the modern accounting app.
Even without reading the help guide, you can get started with it from day one – a testament to just how far accounting in digital has come compared with the steep learning curve of older applications (remember the first time you used Excel).
Reason #3: Accounting apps grow with your business
Accounting apps scale alongside your business.
Zoho Books [Official Website] is among the most scalable accounting apps currently offered. What’s more, Zoho makes a suite of business apps and provide an email service, making the company one of the strongest (okay, admittedly few) companies that can seriously contend with Google’s lineup.
In Zoho Books you’ll find integrated (and easy) invoicing, online payment platform integration, time and expense tracking, and totally free support. If you’re already using another Zoho product, you’ll also find it easy to access contacts and share data interchangeably with Zoho Books.
While Zoho Books is the standout offering for SMBs and freelancers, larger enterprises with team members distributed around the world will find similar features in many of the accounting apps currently on the market, but, as always, some comparison shopping is advisable.
Reason #4: Accounting apps work on an international scale
Because accounting regulations vary from one locale to the next, accounting apps work with different currencies, languages, and rules. Some apps, like NetSuite OneWorld [Official Website], can factor in international tax jurisdictions for more than 190 countries, making financial reporting a snap come tax season.
If your business is a large organization with a global reach, you really owe it to yourself to compare the accounting apps currently on the market side-by-side.
Reason #5: The QuickBooks switch is simple
If you are among the many users of Intuit’s QuickBooks you’ll be happy to know that the company now offers QuickBooks Online [Official Website], a cloud-based version of its esteemed financial reporting software.
QuickBooks Online makes it easy to send invoices, accept payments, track expenses, and even conduct payroll services inside your browser or on your mobile device.
Are you ready to make a seamless transition to an accounting app? Which one do YOU recommend?
If you’ve been clinging to an increasingly out-of-date legacy accounting app or an overwrought spreadsheet for too long, now’s the time to make the switch to an app. Accounting apps have hit their stride and come into their own as the best way to conduct financial reporting in the cloud.
Sign Up for a Free Trial for these Accounting Software:
- FinancialForce Accounting App for Salesforce Free Trial
- Freshbooks Cloud Accounting Solution Free Trial
- Zoho Books Online Accounting Software Free Trial
- Netsuite One World Request Demo
- FreeAgent Online Accounting Application
GetApp has a comprehensive list of accounting apps, which is regularly updated for your convenience.
And we’ve got plenty of head-to-head comparisons to help you pinpoint the accounting app that’s perfect for your business.