We recommend and use LastPass for secure, access anywhere, password storage. It’s a free service that keeps all your passwords securely in the cloud and makes them available on all your computers and devices. Passwords are the number one information security risk for most businesses
Continue readingBusinesses typically focus on managing their day to day operations, but a big part of what we do is projects: non-operational work that will come to an end. Hiring someone, a website rebuild, a marketing campaign, moving office, installing a new POS system – it’s
Continue readingWe recently developed a comprehensive list of requirements for a client looking to replace their payroll bureau serving about 100 staff. While some of the features belong exclusively to mid and large sized organisations, many were relevant to smaller businesses trying to choose accounting and
Continue readingWe’re finding one of the simplest and most effective processes for managing supplier payments and paper work is to use the online receipt storage solution Shoeboxed. Shoeboxed makes the sometimes painful discipline of keeping receipts and invoices a lot quicker and easier, and is great
Continue readingToday internet based bookkeeping and accounting systems are being built to send data to each other, fast making data entry and double handling obsolete. If your business’ bookkeeping or accounting processes involve significant human data entry, there is likely to be an affordable, automated alternative
Continue readingWe’ve written before about the benefits of going paperless. All you need is a scanner, and a way to store the information. There are some great tools out there for keeping your records, Evernote is one of the best. Evernote is a freemium web service
Continue readingGood bookkeeping and accounting provides information that is relevant to your business and decision making. If you want your numbers to be meaningful, they need to be linked to a strategy so you know what it is you’re trying to achieve. The information and reporting
Continue readingIf you’re looking for ways save time and get better, more valuable and timely information out of your accounting processes, consider going paperless. One of the first things we do with new clients is map out and analyse their existing accounting processes to find ways
Continue readingThe new version of MYOB, AccountRight 2011, holds much promise, but we recommend holding off while all the bugs are ironed out. The release has been much anticipated. There are many good new features, though most are long overdue. The key for us though is
Continue readingBusiness owners and managers can learn a lot by comparing their business’ key metrics against others. As a general rule, benchmarking your business against others raises more questions than you have information to answer. Every business is unique, no matter how simple or small it
Continue reading