Geeks2U Promise
We guarantee you'll love our fast, friendly service - or we'll refund your money.  
133,572 Happy Customers & Counting
Need tech support?
1300 769 448
Extended hours, 7 days a week
Home  /  geekspeak  /  It’s time to make your financial new year’s tech resolutions

It’s time to make your financial new year’s tech resolutions

Taschenrechner mit dem Wort 2016 im Display

As the financial year draws to a close it’s time to consider what your business might do better in the year ahead.

A lot rests on your shoulders when you run a business. You can spend so much time putting out fires that you don’t stop to do a little strategic planning. If your existing IT systems are holding your business back then it’s time to think about how you could do things differently in the upcoming financial year.

Upgrading to a new financial package is one of the frustrating growing pains of any business, but there comes a time when you need to bite the bullet. It’s important to consult with your financial advisor but eventually you reach a point where time-consuming shoebox accounting practices are holding you back, or that basic small business accounting package no longer meets your needs.

If it’s time to rethink your financial practices then it’s worth considering the leap to a cloud-based accounting package designed to expand and meet the needs of a growing business. The ability to manage your finances, issue invoices and accept payments from any device while on the move can do wonders for your cash flow. Overhauling your financial systems can also offer greater visibility into the business to manage expenses and track outstanding payments.

Most cloud-based services also offer the ability to add new modules over time, such as payroll or inventory management, so you can start small while easing future growing pains. Paying a monthly subscription for your financial package, rather than a lump sum, also helps smooth out your cash flow while giving you access to features previously only enjoyed by the big end of town.

If you’re ready to look to the cloud there are plenty of enterprise-grade systems out there to help small businesses punch above their weight – from customer relationship management and project management to enterprise resource planning and business intelligence.

Embracing the cloud might also be part of a broader mobility push. The ability to stay productive while you’re away from your desk doesn’t just improve productivity, it also lets you explore concepts like flexible work hours, hotdesking and telecommuting to help your business tackle the challenges of the modern age.

Embracing mobility can also fit into your disaster recovery strategy, helping you get back on your feet quickly should fire, flood or theft strike your office and the computers within. It can also help dispersed teams collaborate, whether they’re spread across different suburbs or different continents.

Regardless of what size your business is, and what size it aims to be, the beginning of the new financial year presents the perfect opportunity to think big.

FacebookTwitterGoogle+Share

Recent News

microsoft-surface-pro

Since the inception of its Surface line of tablet and 2-in-1 PCs, Microsoft has had to toe a careful line. It has high aspirations for its own in-house hardware lines(Can a bigger Surface tempt you into Microsoft’s tablet vision?), but at the same time the larger Microsoft group doesn’t exactly want its other hardware partners… More 

internet concept

Google is determined to see encryption used right across the web and it’s preparing to publicly shame businesses which don’t add HTTPS security to their websites. While the HTTP standard is great for building webpages to share with the world, it wasn’t really designed for those times when you need to ensure that no-one is… More 

You can’t get onto the Internet in any reliable way in Australia without dealing with a telecommunications company in some respect, whether you opt for a fixed line broadband service via ADSL, Cable or NBN, or simply utilise mobile broadband services. When these services work and you’re correctly billed, everything is fine and dandy. But… More 

Kicking in when your mobile phone reception flakes out, VoWiFi ensures that your calls don’t drop out when you run out of coverage bars. In a big country like Australia there are always going to be spots where the mobile coverage is questionable, not just when you’re stuck in the middle of nowhere but even… More