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Most businesses started with manual bookkeeping. Before the internet comes in, accounting and bookkeeping were done using pen and paper. Accountants and bookkeepers had to write down the transactions on a sheet of paper and manually calculate the result of each purchase and sale. When technology was invented, a lot of businesses became efficient. Thanks to artificial intelligence, small, medium, and big enterprises could save their costs and other expenses related to accounting.  

If you haven’t integrated automated bookkeeping into your business process, here are the top 5 reasons why automated bookkeeping is worth the money

 

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1. Saves time and money

The ultimate reason why almost all businesses embrace automated bookkeeping is that it saves time and money. Imagine using manual bookkeeping despite technological advancements. You would need a bookkeeper to record and account for all business transactions, pens and paper to use for the record, storage to keep your files, and additional security for the safety of your physical documents. There would be monthly costs for keeping these things in your business.

But, if you choose to integrate automated bookkeeping, you will only spend one time on the software, which you can use for years. It saves you from spending on a full-time bookkeeper. You won’t have to purchase pens and paper anymore. You can store your documents electronically, which keeps you from paying physical storage fees.

You can also save time by using automated bookkeeping. How? By just inputting your transactions, the software can already do the work from there, such as computing the total purchases, sales, and profit. You can also use financial report templates, which means you don’t have to start from scratch. By saving time, you can focus on the core aspects of your business, such as marketing and operation.

2. A rewarding investment.

Some businesses think that automated bookkeeping is another optional expense. This is a misconception. In fact, buying software that will save you from paying monthly expenses is a great investment. If you spend one time on an expensive automated bookkeeping system, it’s guaranteed that you can use it for years. Let’s say three to five years. You can also choose to pay a monthly subscription if the cost is too high for you.

An automated bookkeeping system has flexible payment terms, depending on the company issuing the software. You always have the call which payment term is best for you. Rather than considering making your bookkeeping process an expense, treat it as a rewarding investment that will benefit your business for a while.

 

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3. Keeps your process effective and efficient.

The problem with manual bookkeeping is that it consumes a lot of time. What if you are chasing due dates? What if you have multiple businesses to maintain? Manual bookkeeping is such a hassle to perform, even if you have bookkeepers to work on it. Remember that they are humans too. If you ask them to work endlessly on a day, they will commit more mistakes, and this will be a disadvantage to your business.

Using an automated bookkeeping system keeps the process effective and efficient. For example, you can calculate your monthly costs faster. You can also have an overview of your revenues for the month. And even if you need to submit monthly financial reports, you won’t have to rush things and stress over it since your automated bookkeeping software can do the work for you. Just click a button, and you will be able to print out your reports.  

 

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4. Minimizes human error

Another issue with manual bookkeeping is human error, and it’s inevitable. Most bookkeepers commit mistakes when they are burnt out. If a business keeps on requesting for their people to work overtime, they are opening more chances for error.

The good thing about automated bookkeeping is that it helps minimize human error. In addition, since the system is programmed according to the needs of the business, you can customize most of the system’s features so you can cater to what your company needs. Usually, you only need to input the transactions so the automated system can automate the next processes.

 

5. Less stress for you

There’s no doubt; manual bookkeeping can be a hassle for most business owners and bookkeepers. When some amounts don’t match with the supporting documents, they become a problem. When there are a lot of files that need to be submitted for compliance, the process becomes more stressful.

What you can do to save yourself from stress is to automate the whole bookkeeping procedure. So, if you find an error, you can easily spot where the mistakes come from, and it becomes more convenient for you. Less stress means you can think clearly about your business.

 

Keeping up with the trend

There’s no doubt; manual bookkeeping can be a hassle for most business owners and bookkeepers. When some amounts don’t match with the supporting documents, they become a problem. When there are a lot of files that need to be submitted for compliance, the process becomes more stressful.

What you can do to save yourself from stress is to automate the whole bookkeeping procedure. So, if you find an error, you can easily spot where the mistakes come from, and it becomes more convenient for you. Less stress means you can think clearly about your business.

 

 

Automated bookkeeping is a good investment to spend on. Whether you are just starting or you have an established business already, you can integrate bookkeeping software to make the whole process easier for you. You can definitely save time and money, get a rewarding investment, make your business process efficient and effective, minimize human error, and avoid stress.

If you are looking for bookkeeping software that can make life more comfortable for you, ASSIST is a great alternative. This software automates everything—from calculation to the generation of reports. You can get ASSIST at a reasonable price and get rewarded by saving the cost of manually doing your bookkeeping process.

Call us now to know more about ASSIST. We will gladly answer your inquiries!

 

 

Most businesses started with manual bookkeeping. Before the internet comes in, accounting and bookkeeping were done using pen and paper. Accountants and bookkeepers had to write down the transactions on a sheet of paper and manually calculate the result of each purchase and sale. When technology was invented, a lot of businesses became efficient. Thanks to artificial intelligence, small, medium, and big enterprises could save their costs and other expenses related to accounting.  

If you haven’t integrated automated bookkeeping into your business process, here are the top 5 reasons why automated bookkeeping is worth the money

 

}

1. Saves time and money

The ultimate reason why almost all businesses embrace automated bookkeeping is that it saves time and money. Imagine using manual bookkeeping despite technological advancements. You would need a bookkeeper to record and account for all business transactions, pens and paper to use for the record, storage to keep your files, and additional security for the safety of your physical documents. There would be monthly costs for keeping these things in your business.

But, if you choose to integrate automated bookkeeping, you will only spend one time on the software, which you can use for years. It saves you from spending on a full-time bookkeeper. You won’t have to purchase pens and paper anymore. You can store your documents electronically, which keeps you from paying physical storage fees.

You can also save time by using automated bookkeeping. How? By just inputting your transactions, the software can already do the work from there, such as computing the total purchases, sales, and profit. You can also use financial report templates, which means you don’t have to start from scratch. By saving time, you can focus on the core aspects of your business, such as marketing and operation.

2. A rewarding investment.

Some businesses think that automated bookkeeping is another optional expense. This is a misconception. In fact, buying software that will save you from paying monthly expenses is a great investment. If you spend one time on an expensive automated bookkeeping system, it’s guaranteed that you can use it for years. Let’s say three to five years. You can also choose to pay a monthly subscription if the cost is too high for you.

An automated bookkeeping system has flexible payment terms, depending on the company issuing the software. You always have the call which payment term is best for you. Rather than considering making your bookkeeping process an expense, treat it as a rewarding investment that will benefit your business for a while.

 

|

3. Keeps your process effective and efficient.

The problem with manual bookkeeping is that it consumes a lot of time. What if you are chasing due dates? What if you have multiple businesses to maintain? Manual bookkeeping is such a hassle to perform, even if you have bookkeepers to work on it. Remember that they are humans too. If you ask them to work endlessly on a day, they will commit more mistakes, and this will be a disadvantage to your business.

Using an automated bookkeeping system keeps the process effective and efficient. For example, you can calculate your monthly costs faster. You can also have an overview of your revenues for the month. And even if you need to submit monthly financial reports, you won’t have to rush things and stress over it since your automated bookkeeping software can do the work for you. Just click a button, and you will be able to print out your reports.  

 

s

4. Minimizes human error

Another issue with manual bookkeeping is human error, and it’s inevitable. Most bookkeepers commit mistakes when they are burnt out. If a business keeps on requesting for their people to work overtime, they are opening more chances for error.

The good thing about automated bookkeeping is that it helps minimize human error. In addition, since the system is programmed according to the needs of the business, you can customize most of the system’s features so you can cater to what your company needs. Usually, you only need to input the transactions so the automated system can automate the next processes.

 

5. Less stress for you

There’s no doubt; manual bookkeeping can be a hassle for most business owners and bookkeepers. When some amounts don’t match with the supporting documents, they become a problem. When there are a lot of files that need to be submitted for compliance, the process becomes more stressful.

What you can do to save yourself from stress is to automate the whole bookkeeping procedure. So, if you find an error, you can easily spot where the mistakes come from, and it becomes more convenient for you. Less stress means you can think clearly about your business.

 

Keeping up with the trend

There’s no doubt; manual bookkeeping can be a hassle for most business owners and bookkeepers. When some amounts don’t match with the supporting documents, they become a problem. When there are a lot of files that need to be submitted for compliance, the process becomes more stressful.

What you can do to save yourself from stress is to automate the whole bookkeeping procedure. So, if you find an error, you can easily spot where the mistakes come from, and it becomes more convenient for you. Less stress means you can think clearly about your business.

 

 

Automated bookkeeping is a good investment to spend on. Whether you are just starting or you have an established business already, you can integrate bookkeeping software to make the whole process easier for you. You can definitely save time and money, get a rewarding investment, make your business process efficient and effective, minimize human error, and avoid stress.

If you are looking for bookkeeping software that can make life more comfortable for you, ASSIST is a great alternative. This software automates everything—from calculation to the generation of reports. You can get ASSIST at a reasonable price and get rewarded by saving the cost of manually doing your bookkeeping process.

Call us now to know more about ASSIST. We will gladly answer your inquiries!