Take your business beyond the clouds ready for Making Tax Digital

By now, you may be fed up of hearing about Making Tax Digital (MTD) and the first step of the initiative – Making Tax Digital for VAT. But you should see MTD as an opportunity to improve your business, not hinder it. Cloud based digital accounting software is a critical part of getting your business running beautifully, gaining more opportunities to grow and saving time and money. Here are the reasons why you need to speak to us to find your perfect cloud solution that will enable you to grow your business.

Open up the exciting possibilities for your business

The reason why the government is introducing Making Tax Digital is to make it easier for businesses to get their tax right and keep on top of any tax affairs, which everyone agrees is the right approach for the future. However, making sure your business is compliant shouldn’t be the only reason you look at cloud accounting possibilities. Cloud accounting can transform collaboration between you, your team and Hallidays, giving everyone access to real-time information at the click of a button.

Let’s take a look at some statistics that are worryingly high in the world of SMEs…

The productivity problem

120 days of admin are faced by SMEs annually.* Cloud Accounting will help you reduce time spent on admin that could be spent on growing your business!

27.6 days could be saved on average by switching to digital accounting software.* When asked, users of digital software estimate that they save 2.3 days per month on accounting processes, equating to 27.6 days per year. This is a huge improvement in efficiency which frees up time for you and your team to focus on growing your business.

This 27.6 days equates to:

£17,000 saved on average per SME by switching to digital accounting software.* Cloud based solutions should not be seen as an additional cost; they are an opportunity to save money which could be used for business development and growth. Just think what you could do in your business with an additional £17,000.

Manual methods are costing you money! These statistics are based on the results of 1398 surveys of SMEs and accountants both in the UK and worldwide. Start working more efficiently by switching to a cloud-based solution that works with your business, not against it.

* Taken from Sage, survey conducted by Plum Consulting, “Sweating the Small Stuff: the impact of the bureaucracy burden” September 2017

How the cloud will take your business to the next level

Not only does the cloud give you access to real time information, it allows us to access your financial information too. We’ll be able to make recommendations based on this, so you can focus on what is important. You’ll gain peace of mind that you’re getting the best advice on your latest business financial reports. Cloud Accounting allows you to take action to grow your business. Imagine what you and your team could do with the extra time and the productivity increase that cloud accounting software can provide.

Why you need to talk to us about your cloud choices

There are many options when deciding what cloud solution is the best fit for your business, but not all of them are fully online, some also have special requirements. That’s why it’s essential you speak to us before deciding so we can support you to find your perfect match. Don’t let Making Tax Digital be the only reason you change your software. Speak to us now to upgrade to a cloud-based solution that will give your business the room to grow and succeed without limitations.

Call us on 0161 476 8276 or email hello@hallidays.co.uk and we can find the perfect cloud package to match your business.

Still not sure about the cloud? Take a look at our other blogs to discover how cloud accounting software can get your business running beautifully.

Learn more about how our IT experts can protect your business.

Posted 15th October 2018

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