Do I need cloud accounting software?

Yes! Cloud accounting is a must for today’s businesses, freelancers and contractors. Not only does it make keeping on top of your accounts simpler, it saves you time. Out of the office and got a receipt? No problem – just scan it with your phone and it’ll get uploaded to your cloud accounting software. Job done!

If you’re still using self-hosted accounting software – or even relying on clunky spreadsheets – cloud accounting (online accounting software) will transform your business. Here are just some of the benefits you will enjoy:

  • 24/7 access: View your whole financial picture from any place or device, any time of the day or night
  • Time saving: No need to sweat over bank reconciliations – they’re done automatically
  • Better cashflow: Send online invoices for anywhere
  • Easy-to-claim expenses: Just scan and upload receipts
  • Instant budget reports: The latest figures are at your fingertips – no more waiting for monthly accounts

The list goes on. But which software should you choose? Read on or click the button below to get in touch for advice.

The best software? It depends on your needs!

Kirsty Demeza

Hello. My name is Kirsty Demeza. I’m one of the directors at THP.

Many of our new clients ask me what the best cloud accounting software is for their business.

I normally recommend Xero or FreeAgent.

One’s great for freelancers and smaller businesses. The other’s really good for larger and growing firms. Let’s take a look at which one’s best for you!

Which cloud accounting software should I choose?

There are dozens of cloud accounting packages out there. We’ve put dozens of them through their paces, but we believe that two stand head and shoulders above the crowd.

  • For freelancers, contractors and smaller business, we recommend FreeAgent
  • For larger companies, we recommend Xero

Why? Well, both are excellent platforms. But when it comes to handling more complex financial data, Xero really lets larger business drill down to the detail. We advise our clients which is the best match for them.

Whichever you choose, you’ll always get first-class support from THP: we have Xero’s Gold Partner Status and FreeAgent’s Full Partner Status. So, when our clients need help or training, we’re just a phone call away.

If you click on the links below, you’ll find out more about both Xero and FreeAgent. We’re convinced that, once you make the switch to the cloud, you’ll wonder why you didn’t do it years ago!

Learn more about Xero & FreeAgent

Kirsty Demeza

Introducing the Cloud Accounting Team!

All of THPs accountants and bookkeepers use cloud accounting software every day. They know how to get the best from it, how to iron out any niggles and make cloud accounting work hard for your business.

If you’d like to chat through your  options, drop me, Kirsty, a line at our Wanstead Office or get in touch with my colleagues Paige Everitt (Chelmsford) or Debbie Jackson (Saffron Walden).

Kirsty Demeza
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Kirsty Demeza
Client Director

"I believe in our service, and I know clients feel strongly that we’re worth it"

Debbie Jackson
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Debbie Jackson
Accountant

"The more knowledge we have to prepare a set of accounts or payroll means a more accurate service"

Your questions about Cloud Accounting answered

Not necessarily. If you’re happy with your current cloud accounting software, that’s great. At THP we are experienced in using most major software packages, so we can still do your accounts for you. Just one thing to remember – if you want to integrate our bookkeeping services, you’ll need to use either Xero or FreeAgent.

It depends on the accounting software you are currently using. It can be really easy. For example, we regularly data from packages like Sage, Kashflow and Quickbooks. But whether you’re using a different cloud package, self-hosted software or simply keep your accounts in spreadsheets, we will help you move your data across quickly and accurately.

Absolutely! If you become a THP client, we will give you a tour of both Xero and FreeAgent. We’ll show you how to use the features you need and lots of clever, time-saving tricks. We’ll also recommend which package is the best fit for your business, both for now and in the future. Of course, the final choice is always up to you!

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