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

8thgen

For decades now, if you were buying a PC, you essentially had two choices when it came to the processor that ran it. For the most part, Intel’s processors under various branding such as Pentium or Core were what you were most likely to hit, with rival AMD’s CPUs generally found in lower-cost machines, or… More 

spectremeltdown

Usually when you hear about large scale security problems, it’s because there’s been an obscure exploit of some incredibly complicated code that somebody’s worked out a way around, leading to the need for software patches, or an entirely human error where access was pilfered via purely social means. Hardware flaws that affect computer security aren’t… More 

password

2017 was a year of some very large security breaches across all sorts of companies, from smaller online merchants all the way up to bigger brands, such as the uber-leak that came out of, well, Uber, where a data leak saw the records of some 57 million users worldwide compromised. As such, you would think… More 

world

The ambition behind Google’s Street View was (originally) to provide a little more human context to people’s map searches. It’s all very good to say that a journey will take so many minutes, or that you need to make this sequence of turns in order to get to your destination, but it’s long been a… More