3 Benefits of Switching From Traditional to Cloud Accounting

3 Benefits of Switching From Traditional to Cloud Accounting

As a business owner, you need to have detailed information about your finances so you can run your business smoothly, track your income and expenses, and make informed business decisions. The most effective way to accomplish this is through cloud accounting.

Why Should I Switch from Traditional to Cloud Accounting?

Using a traditional accounting system lets you access your information only from the computer where you installed your accounting software. If you are looking for a more efficient and convenient way to gain financial information about your business, then it is best to use cloud accounting software.

Cloud accounting offers various advantages for your business, which is why many businesses are now using this method of accounting. To help you learn more about the benefits of switching from traditional to cloud accounting, read the list below:

You can reduce your paper trail

Using the cloud accounting software can help you reduce your paper trail. Since your receipts, invoices, and other banking records are processed electronically, you can protect the environment, save your time and money, and keep your place of business clutter-free. 

Your financial information is stored in your cloud software, which means you no longer need to use ledger sheets or spend a lot of time doing all the work manually. Also, you can just email your sales invoices to your customers since you don’t need to store paper copies. 

You can work anywhere conveniently

Many companies now give the option to work remotely to their employees, allowing them to attain an improved work-life balance and flexibility, especially important during COVID-19. If your business is one of those that have adopted the work-from-home or remote work setup, then using a cloud accounting software is the perfect solution to your needs.

A cloud accounting software allows you and your team members to have secure access to your financial information through a web-based interface regardless of your device and location. Whether you are working from the office, home, or on-the-go, you can get a clear picture of how your business is doing. To get started in using cloud accounting software, you may get in touch with our skilled accountants in Manchester.

You no longer need to update your software manually

Updating software manually can be a hassle. This means hiring an IT professional to handle the accounting software on every device in your office and installing the latest version of the software. 

By switching to cloud accounting, you no longer have to worry about updating the software manually. You can gain access to new features right away since the updates are done automatically.  


Transitioning from using the traditional accounting software to the cloud accounting software can help you grow and expand your business. It makes your financial data accessible so you and your team members can be productive wherever you are in the world. When switching to the cloud software, work only with a reliable cloud accounting accountant who understands how the cloud accounting platforms work and how they can help you grow your business.

Let our experienced accountants in Preston or Manchester help you get your business off the ground. We specialise in specialist accountancy and business support services, including cloud accounting, forensic accounting, tax investigation, and consultancy services. Contact us to learn more about how we can help you!