When it comes to accounting software, there are many different options. Whether you’re looking for something for professional or personal use, bookkeeping software, tax filing programs, or just something to keep all your receipts organised, there is something out there for you! Perhaps the best thing about accounting software is that it is always improving, and new programs are constantly in development and being released onto the market. One such program is the all new, innovative accounting software by Sage that is widely anticipated by businesses in all sectors. The two packages are called Sage Live and Sage 200 Standard Online. The software is expected to be released in the UK in late 2015 and is already being met with wide enthusiasm from the accounting sector. Many firms of chartered accountants in dense cities such as Brighton and London are already partnered with Sage and will be amongst the first to gain access to the software.
The business world is already buzzing about one main feature Sage’s accounting software is bringing to the table: it is compatible with smart watches. This means that nervous CFOs and founders of fledgling startups can never be too far away from their accounts, and can check on their capital at a moment’s notice with just a simple flick of the wrist. But that is just one of the software’s many useful features. Sage says that the software is designed to provide small and medium sized businesses with the same comprehensive level of access and control over their accounts in real time as large enterprises. Users will also get to enjoy worry-free maintenance of their accounts, 24/7 access to theirsimple services like bookkeeping, invoicing, and payment management, as well as more complex ones like sophisticated central management of advanced accounting functions, treasury and budgets. This variety of service options and packages helps your accounting solutions grow along with your business.
Most accounting is based on batch processes, and Sage certainly doesn’t expect CFOs to spend time tapping out ledger entries using their Apple Watches. The idea behind Sage’s dynamic accounting software is making real-time account information available whenever and wherever executive officers or accountants may need to access it. When using the software, a business’ complete financial data is available at any time in whichever format is most convenient. It’s all about access. It can be used as a stand alone program or in combination with other, more traditional accounting software used for compiling on desktops. Sage’s software offers users all the bells and whistles that are the cherry on top of a well-managed system of data entry and accountancy, and a level of constant connectivity that is unprecedented. For example, users can set up alerts and notifications on their phones, tablets, watches, and other devices to alert them when critical cash-flow levels are breached or key invoices fall overdue. These features can help business owners stay on top of things and nip problems in the bud before they become a critical issue, which would have been impossible in the past without constant monitoring.
This accounting software by Sage, which has already hit the Canadian and US markets, could very well change the way that small businesses manage their accounts. Greg Atkinson, of Atkinsons, a firm of chartered accountants serving Richmond, commented,“This new software puts executives in a better position to deal with their accounts in a more informed, connected, and controlled way, and it could be just the thing that small businesses need to take their operations to the next level.”