Upgrade Your Accounting Processes

Sticky notes and keyboard

In January it is important to make sure you are ready to move full steam ahead into a new year. However, you can’t successfully tackle a new year if you don’t have the proper systems in place to help your business grow. If last year has taught us anything it is that you never know what lies ahead so it is best to always be prepared. But what are some things to consider when doing an analysis of your business? One thing that is often overlooked are processes. Today we are going to talk about a few things that may need a little adjusting for your accounting processes in 2021.

  1. Time to Digitalize: Are you still using paper and filing cabinets? This is the year to digitalize where you can. It may not be an easy transition, but in the long run you will appreciate it. Why? Having your files digitalized helps if for some reason you have to close your office down. It also helps ensure that all members of your team have access to the same data and information wherever they are and whenever they need it. There are plenty of cloud-based options out there to store your files as well, like Dropbox.
  2. Let’s Get Rid of the Server: Is your accounting software still hosted on a server? Now is the time to change that. Not only is moving to the cloud more secure but it also is the software that companies are focusing on growing and updating with the newest improvements. Not only do you get those benefits, but your team will have access to the most up to date information anytime they log on.
  3. Upgrade Software: Still using outdated software? Or maybe you need software that handles more complicated activity? Now is the time to make a change. Why? Because the longer you wait the more complicated it will be later. Worried about the cost of accounting software? We can help with that aspect. At Devine we partner with Sage Intacct to offer our clients this amazing accounting software without having to buy it outright. Plus, you get the benefit of an accounting team working on your business without having to manage that accounting team.


Check out our Changing Your Processes video on YouTube!

Jennifer Devine

I'm an experienced finance professional with more than 20 years of experience. I've held several Controller positions throughout my career, most notably with an internationally respected commercial real estate investment, management, and brokerage firm. In this role, I was responsible for all aspects of accounting across the company's many operational divisions - including internet services, real estate development, property management, and brokerage services. As our company operated in multiple countries and currencies, it was essential to me that all financial reports were accurate and compliant.