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5 benefits of integrating your accounts with your POS


It’s estimated that UK SMEs spend £9.1 billion annually accessing expert accountancy advice, but this cost can be automatically eliminated when taking accounting into your own hands. The amount of time and money saved by investing in efficient accounting software means greater opportunity for your company to grow, so the biggest piece of advice Epos Now can give is to use accounting software and integrate it with your POS system.


This integration will make reconciling your accounts quicker and easier than ever before, and serve your business with endless benefits;

Cost cutting

The Association of Accounting Technicians (AAT) has released new research, stating that 80% of UK small businesses have an individual who isn’t properly qualified in charge of managing their company accounts and financial information. AAT suggest this could result in a potential average loss of £15,000 a year per business. Accounting software for SMEs can cost as little as £10 per month, cutting the need for an employed financial expert and potentially making huge savings.

5 benefits of integrating your accounts with your POS

Time saving

One of the main reasons SME owners give for outsourcing their accounts is the time it takes. Immediately remove hours of tedious and time-consuming admin when accounts and POS are integrated when end of day figures are automatically synced with your bookkeeping software.

5 benefits of integrating your accounts with your POS

Effortlessly organised

Having all your data stored securely online removes the need for bundles of messy paperwork and chaotic spreadsheets, which can often make the task of organising your accounts seem even more daunting. Say goodbye to searching for year-old receipts and hello to automated financial reports!

5 benefits of integrating your accounts with your POS

Minimise mistakes

With those endless piles of paperwork comes the inevitability of human error, whether it be documents that have gone missing or typos when manually entering data. This can be instantly avoided when opting for accounting software which automatically does the calculations for you, and gets all the correct data from its Epos Now integration.

5 benefits of integrating your accounts with your POS

Cloud-based

Integrate Epos Now and your preferred accounting software to run your business at any time, on any device, from any location with an internet connection, by harnessing the power of the cloud. This also gives you the gift of scalability, allowing your accounts to seamlessly grow with your business.

5 benefits of integrating your accounts with your POS

Visit the Epos Now AppStore to find your perfect integrated accounting solution.



AUTHOR

Abi Constable

Abi joined Epos Now in April 2018 as a Campaign Marketing Executive. She worked in hospitality part-time throughout her academic career and loves travelling and eating out.



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