What a SaaS accounting solution means for your business

24 October 2022

Here, at Gunson McLean, we know a lot about finances, taxes, people and businesses. We know, that for your business to survive, you need to provide modern solutions, and business and people management platforms that can provide this. And we know just what to recommend to our clients.

 

We are huge fans of MYOB which provides one central platform to manage your business and your payroll. MYOB is what’s known as a SaaS (Software as a Service) system, meaning that it removes the hassle of installation, storing and upgrading software, as it is all done for you online. They provide automated accounting software to help you avoid being bogged down in bookwork.

 

Sometimes called browser-based or web-based software, SaaS applications typically run on the providers hardware and can be used for a wide range of core business functions.

 

If there is one thing we have learnt from the Covid-19 pandemic, it’s that flexibility is key. Flexible working environments, flexible hours, flexible …. well, everything! MYOB links that flexibility with effective solutions. They have online accounting and payroll solutions for any business, of any size.

 

Other advantages to using SaaS solutions is that it is subscription based so you pay for what you use, and can upgrade product type as and when you may need to do so, meaning reduced expenditure plus flexibility. SaaS services are often paid via an annual or monthly subscription which covers the cost of the software licensing, service, and support.

 

MYOB allows you to do your accounts and business needs wherever you choose to do so. It provides the help you need for business growth including automated expense management, payroll, and collaboration from any browser. This makes it easier for staff who work in flexible environments rather than at the same desk every day. Cloud storage also ensures that staff work with up-to-date data, and backups of your data happens automatically.

 

With Gunson McLean being a full service, expert MYOB practice this means that we have the ability to recommend which MYOB package is the right fit for you and your business. If you also use MYOB then there is no time taken moving data from one service to another, it’s easy. This reduces expenses too, as the time taken is minimised.

 

If you think that a refresh of your current software is needed, or if you would like to discuss moving to MYOB and the benefits it can bring you and your business, then get in touch with us - we’ll buy the coffee!

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