The busy accounting season is often seen as hell on Earth for those in the profession, and when it is over, many accountants reflect on how the process of working with clients can be improved. Then came cloud computing, in which accountants can collaborate with their clients in real-time. By constantly working with clients on their budgets and financial statements throughout the year, accountants don't have to spend countless hours cleaning up the mistakes their clients have made trying to manage their financials on their own.

The cloud benefits accountants

The age of the cloud has made the lives of many accountants much easier. Instead of constantly sending files back and forth, they now can run their desktop accounting software in the cloud and work with clients to manage their accounting. By using accounting and budgeting software in the cloud, accountants don't have to waste their time backtracking with clients, allowing them to spend more energy on providing they can provide other services such as analyzing their financial data and helping their clients improve their cashflow and profitability.

The cloud allows accountants to become an integral part of their clients' budgeting process, and eventually their business. Often, when a client feels a sense of trust for their accountant, they will begin relying on them for financial advice on other aspects of their business such as additional revenue/services, when it is right to use business credit cards and some of the best practices for successful recordkeeping.

And it also helps clients

At the end of the fiscal year and during tax season, many businesses are rushing to make sure they have all their paperwork in order to get to their accountants to make sure their financials are taken care of in time. These frustrations and anxiety can be eased by using accounting software in the cloud. With the use of the cloud, a client can update their records and grant accountants access to their budgets so they can make sure all the numbers are correct. Making the budgeting and financial forecasting process easier and more convenient will make an oftentimes tedious, but necessary project less frustrating and more enjoyable to complete.

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