Every business must keep their financial data secure to ensure their finances are never mishandled. Accounting software can be a great option to ensure your finances are safe and you always have complete control.
Coleman & Co provide all businesses in Lisburn with the best accounting software. This will provide you with security and full management of your finances.
Storing Data
Whether you choose to do this online or in files, you must always store data and financial records, as well as backing it up. It was reported in June 2018 that over 4 million UK businesses are vulnerable to losing company data. Having the right accounting software available to you will reduce the risk of losing data and improve financial security.
Your data should always be stored in two separate locations to prevent any financial data being lost. With 17% of businesses not keeping any data back-ups at all, if your business information was to be lost, you would have to begin again when managing your finances.
Secure Software
Much like online banking and other apps you have, accounting software has several layers of security. Whether this is for use on your phone or computers, you can be assured of secure information at all times. Accounting software can be installed on any system, whilst always having a high level of security.
There are a number of login options you can choose from when setting up your software and our team are happy to manage this software for you or give you full control. Accounting software will also automatically back up your data, reducing the chance of losing important information.
Sharing Finances
Accounting software is a fantastic option to improve the security of your financial data. However, it also offers benefits in sharing your data with other employees or external companies and accountants. This allows our team to fully manage your finances, whilst still being easily accessible for you to view and manage yourself.
Your accounts will always remain secure against intruders but everyone who actually needs access will receive it. This allows clients to simply view, update or regulate accounting information regardless of your location. With your accounts and finances always being ready to view, you are assured data is secure and there is little risk of loss.
Giving several people in your business financial access can be a big benefit for all. Multiple accounts can be created without ever compromising your security.
Creating Back-Ups
As financial and online security is a massive factor in our modern era, creating back-ups is essential. Whilst many businesses do this, back-ups are often created in similar locations, meaning both your originals and data backups could be lost forever. Using the correct accounting software, this situation is always avoidable.
Firstly, accounting software will create automatic backups, preparing for the small chance that your data could be lost. Immediately, this gives you secure data and financial control even if your original data has been lost. Additionally, accounting software can be used for a number of purposes, including:
- Financial Reports & Statements
- Invoicing
- Payments & Purchases
- Payroll
- Tax
Having all these features allows you to continuously record your finances. If you are using financial statements and payslips on a regular basis, financial data is always recorded and accessible.
Contact Us
If you would like more information regarding accounting software or would like this installed today, contact Coleman & Co. We support all businesses in Lisburn and can deliver comprehensive financial management to every client. Call now on 028 9266 3599 or fill in our contact form to make an enquiry.