Without fail, every time we speak to a potential client about what they’re looking to achieve by working with Allchurch & Co – they want to drastically cut the time it takes them to manage bookkeeping and accounting overheads.
If you’re looking for efficiency savings, it’s time to embrace paperless working by removing the hassle of receipts, invoices and accounting.
We can set you up with an App that lets you take a picture of a receipt and pull the numbers directly into online accounting software, downloaded as a spreadsheet or used to create expense reports.
As Making Tax Digital has arrived for VAT – there’s even more reason to switch to cloud accounting today.
Allchurch & Co are excited to become a ReceiptBank partner and would love to demonstrate to you how it could work in your business.
ReceiptBank is a platform used to manage the receipts, invoices, and other documents that businesses depend on to keep accurate, useful financial records.
You can capture and upload your bills and receipts using:
- The camera on your mobile phone
- Scans on your computer
- Automatically taking them from online platforms
After you’ve sent in a document, ReceipBank’s automated extraction engine will read all of the key information and display it in an easily-manageable format, perfect for downloading or processing onwards to a connected accounting software.
An image of the document and its associated data will be kept on file for a minimum of 10 years.
Feel free to throw that receipt: ReceiptBank will always have you covered for compliance and keep your financial documents securely stored online, where they can be shared online, where they can be shared with your colleagues, accountant or bookkeeper.
Benefits of a Cloud Based Accounting Software
Ease of access – Cloud based software’s allow ease of access as you can log on remotely, via smart phones and while you are out and about not only when you are in the office.
Low cost – It is a relatively low-cost accounting solution with no large upfront investment which is paid via a monthly fee.
Real time financial information – Keeping your cloud based accounting software up to date means you will have much better information for decision making and cash management as at a click of a button you will know how much your debtors owe you, or how much you owe to your creditors.
Back up and data security – Cloud based software’s provide you with peace of mind that your data is safe and secure.
Allchurch & Co