Are you paying more than you need for your accounting software?
With business costs continuing to rise, many business owners are reviewing their systems to find ways to save money, improve efficiency, and introduce greater automation into their accounting function. At the same time, Making Tax Digital (MTD) requires businesses to use HRMC supported software to keep digital records and submit information to HMRC.
At Moore South, one area where we have helped several clients achieve significant annual savings is by moving from traditional desktop software including Sage Line 50, to cloud-based accounting platforms such as Xero, while ensuring they remain fully MTD compliant.
Many businesses are surprised to discover they are paying separately for accounts software, payroll, and ongoing support and this often totals hundreds of pounds each month. In some cases, this can amount to several thousand pounds per year.
By comparison, Xero’s cloud accounting packages typically range from £33 to £59 per month, depending on the level required. We are also able to offer exclusive discounts of up to 30% for existing clients, providing even greater cost savings. You can find out more about Xero’s pricing structure here.
Beyond reducing software costs, cloud accounting can also offer:
- Real-time financial information
- Improved efficiency and automation
- Secure access from anywhere
- Easier collaboration with your adviser
- Reduced reliance on desktop systems and backups
As part of our cloud accounting advisory services, we can review your current set up, advise on the most suitable cloud solution for your business, manage the migration and provide training and ongoing support.
If you would like to find out more, receive further information, or discuss whether cloud accounting could work for your business, please contact us and a member of our outsourced accounting team would be happy to help.