Why you may need to upgrade your computer systems
It is tempting to think that if your computer system is fulfilling its function upgrading it is an unnecessary expense, but technology is changing so fast that if you fail to keep up you might find that a competitor is able to do the same work at a much lower cost.
A superior computer system will allow you process more information more quickly. Here are some of the practical benefits this could provide for your business:
- Increase your cash flow. - You will be able to produce and send invoices more quickly. The earlier the invoice, the sooner you get paid, and the greater the interest on your cash funds.
- Avoid duplication. - Without thorough invoice checks, bills can sometimes be paid twice. The right software can prevent double entry or duplication problems by quickly and accurately verifying invoice numbers.
- Improve your profitability. - Timelier processing and reporting of information will allow you to detect problems, variations, and overruns in production. A superior computer system can give you progress and job cost reports on a daily basis, which might not be possible with outdated technology.
- Monitor equipment and stock more accurately. - A good system can help you track equipment and stock, enabling you to see which are the most cost-effective items so that you can make more informed purchasing decisions.
An up-to-date computer system, therefore, is vital if you want your business to remain competitive.
But do not fall into the trap of buying the first system that is offered to you. Proper consideration, planning, and identification of your requirements are essential if you want to be sure of buying the right system for your business.
Easy Accountancy
Easy Accountancy is the UK’s only national specialist accountancy firm for freelancers, sole traders and small businesses
If you’ve just started out as a freelancer or run a small business, you’ll definitely need a small accountant and there are plenty of options out there! However, most accountants will charge you every time you get in touch with them; for every phone call, email or meeting.
We don’t want our clients to be scared to contact us and potentially lose out on valuable tax saving advice. It's even more important when you first start out as you really need to set your business up in the best way possible. As a start up you’ll probably have loads of questions and will really appreciate the fact you can call your accountant as many times as you like without the fear of racking up large bills.
Our low cost, all-inclusive fixed-fee accountancy service includes unlimited access to your own accountant throughout the year, so you never need to worry about picking up the phone and then receiving a bill afterwards for the privilege, and covers all your business and personal tax affairs needs. All clients additionally receive:
- Help to run your business in the most tax efficient way possible
- Help so you can understand the taxes you need to pay
- Advice on the best ways to manage your business
- Updates and reminders so you'll never miss a deadline
- Help to ensure you maximise your tax allowances
- Provide proactive tax advice throughout the year
We’ve saved our clients up to half on their accountancy bills – if you’d like a quote, click on the quote me button to the right of this page. Alternatively, call us on 0500 234111 / 01442 275767 or email jessica@easyaccountancy.co.uk
We also have a money-back service guarantee - all of your telephone calls and emails will be answered on the same day, or we will refund your monthly fee (another first within the accountancy world).
To appoint us as your accountants, please fill in our Client Agreement Form online.
If you are a contractor working through a limited company then visit SJD Accountancy (our sister company) who specialise in providing tax advice and accountancy services for Limited Company contractors. You can also keep up to date by following the SJD Accountancy Twitter
You may also find the following pages helpful:
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