Cloud Accounting

“At Economos, we understand how important timely and reliable information is to businesses. That’s why we encourage our clients to embrace cloud-based accounting—where real-time information allows them to take control, make better decisions faster, and most importantly, gives them an edge over their competition.”

When your business has real-time financial data pouring in, it’s a game changer. Cloud-based accounting can give you more information, more quickly, than ever before. Economos’ specialised team of hands-on accountants have a wealth of experience in the setup of cloud-based accounting solutions.

Transform Your Business with Cloud Accounting from Economos

Imagine what it would be like to have timely, reliable information that flows into your hands at the speed of now. With cloud accounting, that’s not a pipe dream. That’s the reality that our cloud accounting clients experience every day. Real-time data give you insight you can act on the moment you receive it—speeding up the pace at which you can make decisions.

Cloud-based accounting gives your Sydney-area business the power to examine inventory in real time, do payroll faster and more efficiently, and create reports in a fraction of the time it would take you with normal accounting systems. Its multiple-user, multiple-device capability allows several people to use it at one time, speeding up workflows and processes to save time and money. Take greater control of your accounting information and free up your time to do what you do best—running your business. Contact an Economos Cloud Accounting specialist to assist you in the setup or support of your cloud accounting solution.

Real-Time Insight
More Control, More Efficiency, More Security
Streamlined Reporting
Multiple Accessibility
Easy, Seamless Invoicing
Cloud Accounting Support

Automated, live bank feeds allow you to reconcile automatically. A simple click, and you’re up to date within seconds. Collaborate in seconds using Economos’ cloud accounting solutions. Simply provide access, and your Economos advisors and accountants can collaborate with you or key organisation stakeholders with live, up-to-the-second data.

With cloud accounting, you have an inventory management system that keeps track of every item that comes in and out—all in real time. Not only that—you can access it from anywhere—even if you go out of town or out of the country. If you have Internet service, you can keep tabs on all the aspects of your business. With cloud accounting, you have faster, more efficient payroll modules that even allow employee interaction. Finally, cloud accounting is more secure than any other accounting system. A system of interconnected servers, all with leading-edge security protocols, guards your information from prying eyes or would-be thieves.

With real-time data and automated processes, reporting can go quick and easy, freeing up more or your and your employees’ time to do more revenue-building, more innovating, more of what you do best. With automated data population, errors will become less likely, making audits go faster and occur less often.

Cloud accounting provides you with one data file—but allows multiple access by different users on multiple devices. With this feature, your accountants and bookkeepers can access your files immediately, without the security risks of emailing and without wasting time dropping off your files in person. This feature allows you to view the same files at the same time with your team members, making collaboration fast and easy.

Invoicing, too, is easier with cloud accounting. The minute you finish a job, you can log in and send your customer an invoice. You’ll receive a notice when the customer opens your invoice, and your customer can pay you immediately online. With cloud accounting, you can also create recurring invoices for regular customers, automating the invoicing process even further.

At Economos, our cloud-based accounting specialists have experience with a wide range of cloud-based accounting solutions, enabling them to help you with everything from assessing your needs to implementation. After your cloud accounting software is setup, Economos accountants can provide ongoing support for most solutions including most popular online accounting softwares Xero and MYOB.