Cloud software has revolutionised the world of modern business, allowing people to work together remotely in real time -wherever they are in the world.

The Cloud allows multiple users to collaborate on pieces of work and have access to the same files and company documents from a PC, laptop or mobile phone.

If you’re familiar with cloud sharing, you may have also heard of cloud accounting. In much the same way that The Cloud allows users to collaborate on pieces of work and access files remotely, it also enables business owners and their accountants to work together to balance the books whilst on the move.

If you’re unfamiliar with cloud sharing, you may be daunted by the prospect of online accounting software. You may worry it will be difficult to implement and confusing to grasp; you might also be concerned about the security of your account information, particularly if you’ve not used cloud software before.

But online accounting was created with the aim of making life easier and more flexible for business owners. It will allow you to connect with your numbers, as well as financial advisers, at any time using any device. Not only that, but you should receive a full setup, implementation training and ongoing support from your provider.

Not only will you be able to access your accounts at any time, but using online accounting software will also provide you with a time saving payroll solution. You’ll have access to a snapshot of your payroll and leave information and super payments at any time. Super payments and tax updates will be also become automated.

This means that you’ll no longer need to spend hours in the back office manually entering your payroll information, or pay someone to do it for you: an intelligent computer system will take care of it whilst you get on with running your business.

You can even access your payroll on your mobile phone, so if you’re on the road more often than you’re sat at a desk, you’ll have everything you need to manage your business from your pocket.