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

wallpapers

There’s a quick and easy way to make your computer your very own, as well as brightening it up and providing you inspiration every time you sit down in front of it. There are millions of computers worldwide, but it’s pretty likely that only one — or a handful — are yours. One of the… More 

mac-os-new

Apple’s revealed the future of macOS, and while it’s not merging with iOS, it’s going to come awfully close. Apple recently held its Worldwide Developer Conference (AKA WWDC) in San Jose California, outlining all of its software plans for its mobile and computing operating systems. It unveiled iOS 12, which will launch for iPhones from… More 

homepod-pair

Smart speakers are the new cool gadget in town, not that they’re actually all that “new” to speak of. Amazon and Google have been duking it out with their respective Echo and Home speakers for some time now. In 2018, we’ve also seen a wide variety of new smart speakers from the likes of Panasonic,… More 

chromeicon

If you’re a user of Google’s popular Chrome browser — and with anywhere between 60-80% of the web’s traffic delivered to Chrome, the chances are pretty good that you are — then come July, you’ll see a significant change in how the web pages you visit are presented. That’s because the version of Google Chrome… More