OS Accounting are cloud accounting experts, we can help you revolutionise your accounting function, with helpful suggestions about how you can use cloud accounting products more efficiently, how one package may be more suitable for your business than others, and how you can extend the power of your accounting software with addons.
There are hundreds of addons that claim to be cloud compatibility available on the internet, some from established companies and some built by developers in their spare time. Not all are built equally and some are not even useful.
We can help you navigate this minefield, with best of breed add ins to make sure you don’t waste you money or your time finding out that the add in is useless. There were over 260 add ins in the Xero marketplace at last count, some are nothing more than pretty forms to do something that Xero can do natively.
Our top 5 cloud accountancy addons
OCR and invoice recognition for the masses! You can upload scanned images of your purchase and sales invoices, or bank, credit card or supplier statements right into the software. They will be recognised by computer with over 99% accuracy and automatically posted to your cloud accounting software (Sage, Xero, or Quickbooks). If you’re not using cloud accounting yet, they can slo be exported to a file and imported into your desktop accounting software.
Offering the same service as AutoEntry, but with expenses and purchase invoices (not sales or bank statements, though these are on the way). Receipt bank offer a mobile app so expenses and purchase invoice scanning don’t even need a scanner, you can just use your smartphone, snap a picture and send for processing
Set up direct debits for your customers easily online. GoCardless allows you to add direct debit to the list of options to pay an invoice online, or set up so that invoices are auto collected on the due date. Customers are presented with an easy set up screen where they enter their bank details and set up the direct debit online. No more forms, or posting to the bank!
Stripe offers card payments online straight from your online invoice, which are then processed and delivered to your bank. They take care of all the data protection, so you never touch a customers card details. It integrates beautifully with all of the major accounting systems.
Reporting in cloud accounting is amazing, and more than sufficient for most small and medium businesses, but when monitoring more advanced metrics such as your operating cycle, or for a more graphical approach with pie charts and graphs, visualizing your performance has never been easy. Great for making monthly reporting easy and giving a managing board more information without complex spreadsheets and pivot tables.
For help with extending your cloud accounting system, or to start saving time with addons please contact us