What Makes Up The Best Cloud Accounting Solution?

Let’s face it, there are numerous accounting software providers in the market today. Each of them provides their own unique set of tools and features. With tons to choose from, what sets the best accounting solutions apart from the rest? What qualities should you look for when selecting a new accounting solution for your organization?

A recent article by CFO Tech Outlook helped shed some light on this topic. They gathered feedback from a distinguished panel of CEOs, CIOs, and industry analysts to determine their Top 10 list of Accounting Solution Providers for 2018. Based on their review, here are three key qualities to consider when evaluating the best accounting software solution for your business:

1. Automation

Regardless of which cloud accounting application you use, it should ultimately streamline routine accounting tasks and minimize manual entry and unnecessary data redundancy. Through built-in automation, back office staff can save countless hours and improve productivity gathering, reporting, and processing their accounting information.

2. A Comprehensive End-to-End View of Your Finances

It is nearly impossible to accurately keep track of all your financial data when your are hopping around from one siloed business system to another. By leveraging a unified platform for both your CRM and Accounting, you not only gain an accurate 360 degree view of how your business is performing at any time but you can also easily track finances throughout each department.

3. No Limits

Whether it’s innovation or customizability you desire, an accounting application should evolve as your company grows. From seamless integration with payment processors, financial institutions, and other cloud-based business tools, to setting up custom workflows rules, users should have the flexibility to add and customize back office functionality to meet their unique business requirements.

Accounting Seed is an accounting application that meets the above qualities.  It is also recognized as one of the Top Accounting Solution Providers by CFO Tech Outlook.

To learn about CFO Tech Outlook’s Top 10 designation and read their review of Accounting Seed, go to this article.