As small business owners, you are constantly challenged to become more efficient and stay competitive. Automation is often the answer, but not all technology is created equal. When it comes to money management for your small business, cloud-based technology is the wise choice. Manual or hard-drive methods will only set you up for painful, time-consuming migration work in the future and possibly bottom-line impacting errors in the present.
You might already be familiar with some cloud-based software like Google Drive and Dropbox. The benefits of cloud-accounting software are not too different from these document management platforms. Here are six reasons why your startup or small business must go with a cloud-accounting solution to stay flexible and competitive.